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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and TOYO Co., Ltd (TOYO). Click either name above to swap in a different company.

Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($143.3M vs $139.1M, roughly 1.0× TOYO Co., Ltd). TOYO Co., Ltd runs the higher net margin — 2.5% vs -31.4%, a 33.9% gap on every dollar of revenue. On growth, TOYO Co., Ltd posted the faster year-over-year revenue change (0.7% vs 0.4%).

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.

Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.

PDM vs TOYO — Head-to-Head

Bigger by revenue
PDM
PDM
1.0× larger
PDM
$143.3M
$139.1M
TOYO
Growing faster (revenue YoY)
TOYO
TOYO
+0.3% gap
TOYO
0.7%
0.4%
PDM
Higher net margin
TOYO
TOYO
33.9% more per $
TOYO
2.5%
-31.4%
PDM

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
PDM
PDM
TOYO
TOYO
Revenue
$143.3M
$139.1M
Net Profit
$-45.0M
$3.5M
Gross Margin
16.6%
Operating Margin
7.0%
Net Margin
-31.4%
2.5%
Revenue YoY
0.4%
0.7%
Net Profit YoY
-27.9%
-82.3%
EPS (diluted)
$-0.10
$0.10

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.

Revenue
PDM
PDM
TOYO
TOYO
Q1 26
$143.3M
Q4 25
$142.9M
Q3 25
$139.2M
Q2 25
$140.3M
$139.1M
Q1 25
$142.7M
Q4 24
$143.2M
Q3 24
$139.3M
Q2 24
$143.3M
$138.1M
Net Profit
PDM
PDM
TOYO
TOYO
Q1 26
$-45.0M
Q4 25
$-43.2M
Q3 25
$-13.5M
Q2 25
$-16.8M
$3.5M
Q1 25
$-10.1M
Q4 24
$-30.0M
Q3 24
$-11.5M
Q2 24
$-9.8M
$19.6M
Gross Margin
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
16.6%
Q1 25
Q4 24
Q3 24
Q2 24
19.3%
Operating Margin
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
7.0%
Q1 25
Q4 24
Q3 24
Q2 24
16.3%
Net Margin
PDM
PDM
TOYO
TOYO
Q1 26
-31.4%
Q4 25
-30.3%
Q3 25
-9.7%
Q2 25
-12.0%
2.5%
Q1 25
-7.1%
Q4 24
-20.9%
Q3 24
-8.3%
Q2 24
-6.8%
14.2%
EPS (diluted)
PDM
PDM
TOYO
TOYO
Q1 26
$-0.10
Q4 25
$-0.34
Q3 25
$-0.11
Q2 25
$-0.14
$0.10
Q1 25
$-0.08
Q4 24
$-0.25
Q3 24
$-0.09
Q2 24
$-0.08
$0.48

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PDM
PDM
TOYO
TOYO
Cash + ST InvestmentsLiquidity on hand
$2.3M
Total DebtLower is stronger
$13.7M
Stockholders' EquityBook value
$1.5B
$67.0M
Total Assets
$4.0B
$353.6M
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDM
PDM
TOYO
TOYO
Q1 26
$2.3M
Q4 25
$731.0K
Q3 25
$3.0M
Q2 25
$3.3M
Q1 25
$2.9M
Q4 24
$109.6M
Q3 24
$133.6M
Q2 24
$138.5M
Total Debt
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.2B
$13.7M
Q1 25
$2.2B
Q4 24
$2.2B
Q3 24
$2.2B
Q2 24
$2.2B
$22.4M
Stockholders' Equity
PDM
PDM
TOYO
TOYO
Q1 26
$1.5B
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.5B
$67.0M
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.7B
$73.4M
Total Assets
PDM
PDM
TOYO
TOYO
Q1 26
$4.0B
Q4 25
$4.0B
Q3 25
$4.0B
Q2 25
$4.0B
$353.6M
Q1 25
$4.0B
Q4 24
$4.1B
Q3 24
$4.1B
Q2 24
$4.2B
$241.4M
Debt / Equity
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
1.49×
Q3 25
1.43×
Q2 25
1.41×
0.20×
Q1 25
1.40×
Q4 24
1.40×
Q3 24
1.36×
Q2 24
1.34×
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PDM
PDM
TOYO
TOYO
Operating Cash FlowLast quarter
$40.0M
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-5.1%
Capex IntensityCapex / Revenue
110.3%
33.9%
Cash ConversionOCF / Net Profit
11.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
$140.6M
Q3 25
$35.8M
Q2 25
$50.1M
$40.0M
Q1 25
$3.7M
Q4 24
$198.1M
Q3 24
$42.9M
Q2 24
$66.8M
$21.8M
Free Cash Flow
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
$-7.1M
Q1 25
Q4 24
Q3 24
Q2 24
$5.2M
FCF Margin
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
-5.1%
Q1 25
Q4 24
Q3 24
Q2 24
3.8%
Capex Intensity
PDM
PDM
TOYO
TOYO
Q1 26
110.3%
Q4 25
Q3 25
Q2 25
33.9%
Q1 25
Q4 24
Q3 24
Q2 24
12.0%
Cash Conversion
PDM
PDM
TOYO
TOYO
Q1 26
Q4 25
Q3 25
Q2 25
11.55×
Q1 25
Q4 24
Q3 24
Q2 24
1.11×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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