vs
Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.
PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $143.3M, roughly 1.2× Piedmont Realty Trust, Inc.). PARK NATIONAL CORP runs the higher net margin — 25.3% vs -31.4%, a 56.7% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs 0.4%). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs 0.0%).
Piedmont Realty Trust, Inc. is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality office properties primarily located in high-growth metropolitan areas across the United States. It serves corporate tenants across multiple industry sectors including technology, professional services, and healthcare, and pursues stable long-term returns for stakeholders via strategic property management and portfolio optimization.
National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.
PDM vs PRK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.3M | $168.3M |
| Net Profit | $-45.0M | $42.6M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | -31.4% | 25.3% |
| Revenue YoY | 0.4% | 2.2% |
| Net Profit YoY | -27.9% | 10.4% |
| EPS (diluted) | $-0.10 | $2.62 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $143.3M | — | ||
| Q4 25 | $142.9M | $168.3M | ||
| Q3 25 | $139.2M | $169.5M | ||
| Q2 25 | $140.3M | $168.7M | ||
| Q1 25 | $142.7M | $157.9M | ||
| Q4 24 | $143.2M | $164.7M | ||
| Q3 24 | $139.3M | $170.3M | ||
| Q2 24 | $143.3M | $157.7M |
| Q1 26 | $-45.0M | — | ||
| Q4 25 | $-43.2M | $42.6M | ||
| Q3 25 | $-13.5M | $47.2M | ||
| Q2 25 | $-16.8M | $48.1M | ||
| Q1 25 | $-10.1M | $42.2M | ||
| Q4 24 | $-30.0M | $38.6M | ||
| Q3 24 | $-11.5M | $38.2M | ||
| Q2 24 | $-9.8M | $39.4M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 34.3% | ||
| Q2 25 | — | 35.2% | ||
| Q1 25 | — | 32.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 30.6% |
| Q1 26 | -31.4% | — | ||
| Q4 25 | -30.3% | 25.3% | ||
| Q3 25 | -9.7% | 27.8% | ||
| Q2 25 | -12.0% | 28.5% | ||
| Q1 25 | -7.1% | 26.7% | ||
| Q4 24 | -20.9% | 23.5% | ||
| Q3 24 | -8.3% | 22.4% | ||
| Q2 24 | -6.8% | 25.0% |
| Q1 26 | $-0.10 | — | ||
| Q4 25 | $-0.34 | $2.62 | ||
| Q3 25 | $-0.11 | $2.92 | ||
| Q2 25 | $-0.14 | $2.97 | ||
| Q1 25 | $-0.08 | $2.60 | ||
| Q4 24 | $-0.25 | $2.38 | ||
| Q3 24 | $-0.09 | $2.35 | ||
| Q2 24 | $-0.08 | $2.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.3M | $233.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $1.4B |
| Total Assets | $4.0B | $9.8B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $2.3M | — | ||
| Q4 25 | $731.0K | $233.5M | ||
| Q3 25 | $3.0M | $218.9M | ||
| Q2 25 | $3.3M | $193.1M | ||
| Q1 25 | $2.9M | $237.6M | ||
| Q4 24 | $109.6M | $160.6M | ||
| Q3 24 | $133.6M | $201.7M | ||
| Q2 24 | $138.5M | $261.5M |
| Q1 26 | — | — | ||
| Q4 25 | $2.2B | — | ||
| Q3 25 | $2.2B | — | ||
| Q2 25 | $2.2B | — | ||
| Q1 25 | $2.2B | — | ||
| Q4 24 | $2.2B | — | ||
| Q3 24 | $2.2B | — | ||
| Q2 24 | $2.2B | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | $1.5B | $1.4B | ||
| Q3 25 | $1.5B | $1.3B | ||
| Q2 25 | $1.5B | $1.3B | ||
| Q1 25 | $1.6B | $1.3B | ||
| Q4 24 | $1.6B | $1.2B | ||
| Q3 24 | $1.6B | $1.2B | ||
| Q2 24 | $1.7B | $1.2B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $9.8B | ||
| Q3 25 | $4.0B | $9.9B | ||
| Q2 25 | $4.0B | $9.9B | ||
| Q1 25 | $4.0B | $9.9B | ||
| Q4 24 | $4.1B | $9.8B | ||
| Q3 24 | $4.1B | $9.9B | ||
| Q2 24 | $4.2B | $9.9B |
| Q1 26 | — | — | ||
| Q4 25 | 1.49× | — | ||
| Q3 25 | 1.43× | — | ||
| Q2 25 | 1.41× | — | ||
| Q1 25 | 1.40× | — | ||
| Q4 24 | 1.40× | — | ||
| Q3 24 | 1.36× | — | ||
| Q2 24 | 1.34× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $198.3M |
| Free Cash FlowOCF − Capex | — | $191.9M |
| FCF MarginFCF / Revenue | — | 114.1% |
| Capex IntensityCapex / Revenue | 110.3% | 3.8% |
| Cash ConversionOCF / Net Profit | — | 4.65× |
| TTM Free Cash FlowTrailing 4 quarters | — | $328.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $140.6M | $198.3M | ||
| Q3 25 | $35.8M | $52.6M | ||
| Q2 25 | $50.1M | $49.7M | ||
| Q1 25 | $3.7M | $37.9M | ||
| Q4 24 | $198.1M | $178.8M | ||
| Q3 24 | $42.9M | $43.8M | ||
| Q2 24 | $66.8M | $50.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | $191.9M | ||
| Q3 25 | — | $51.1M | ||
| Q2 25 | — | $48.4M | ||
| Q1 25 | — | $36.8M | ||
| Q4 24 | — | $169.7M | ||
| Q3 24 | — | $41.7M | ||
| Q2 24 | — | $49.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | 114.1% | ||
| Q3 25 | — | 30.1% | ||
| Q2 25 | — | 28.7% | ||
| Q1 25 | — | 23.3% | ||
| Q4 24 | — | 103.0% | ||
| Q3 24 | — | 24.5% | ||
| Q2 24 | — | 31.1% |
| Q1 26 | 110.3% | — | ||
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.8% | ||
| Q1 25 | — | 0.7% | ||
| Q4 24 | — | 5.6% | ||
| Q3 24 | — | 1.2% | ||
| Q2 24 | — | 1.2% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.65× | ||
| Q3 25 | — | 1.11× | ||
| Q2 25 | — | 1.03× | ||
| Q1 25 | — | 0.90× | ||
| Q4 24 | — | 4.63× | ||
| Q3 24 | — | 1.14× | ||
| Q2 24 | — | 1.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
