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Side-by-side financial comparison of Piedmont Realty Trust, Inc. (PDM) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.
Piedmont Realty Trust, Inc. is the larger business by last-quarter revenue ($142.9M vs $76.2M, roughly 1.9× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -30.3%, a 37.7% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs -0.3%). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% CAGR vs -0.6%).
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.
Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.
PDM vs VMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $142.9M | $76.2M |
| Net Profit | $-43.2M | $5.6M |
| Gross Margin | — | 57.9% |
| Operating Margin | — | 11.0% |
| Net Margin | -30.3% | 7.4% |
| Revenue YoY | -0.3% | 25.5% |
| Net Profit YoY | -44.3% | 30.7% |
| EPS (diluted) | $-0.34 | $0.14 |
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.
| Q4 25 | $142.9M | $76.2M | ||
| Q3 25 | $139.2M | $71.9M | ||
| Q2 25 | $140.3M | $63.1M | ||
| Q1 25 | $142.7M | $59.1M | ||
| Q4 24 | $143.2M | $60.7M | ||
| Q3 24 | $139.3M | $58.0M | ||
| Q2 24 | $143.3M | $55.0M | ||
| Q1 24 | $144.5M | $50.6M |
| Q4 25 | $-43.2M | $5.6M | ||
| Q3 25 | $-13.5M | $3.5M | ||
| Q2 25 | $-16.8M | $3.2M | ||
| Q1 25 | $-10.1M | $2.6M | ||
| Q4 24 | $-30.0M | $4.3M | ||
| Q3 24 | $-11.5M | $3.9M | ||
| Q2 24 | $-9.8M | $1.5M | ||
| Q1 24 | $-27.8M | $1.6M |
| Q4 25 | — | 57.9% | ||
| Q3 25 | — | 57.5% | ||
| Q2 25 | — | 58.3% | ||
| Q1 25 | — | 56.3% | ||
| Q4 24 | — | 59.5% | ||
| Q3 24 | — | 59.3% | ||
| Q2 24 | — | 59.8% | ||
| Q1 24 | — | 58.9% |
| Q4 25 | — | 11.0% | ||
| Q3 25 | — | 7.8% | ||
| Q2 25 | — | 8.1% | ||
| Q1 25 | — | 6.5% | ||
| Q4 24 | — | 10.6% | ||
| Q3 24 | — | 9.7% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 4.4% |
| Q4 25 | -30.3% | 7.4% | ||
| Q3 25 | -9.7% | 4.9% | ||
| Q2 25 | -12.0% | 5.0% | ||
| Q1 25 | -7.1% | 4.4% | ||
| Q4 24 | -20.9% | 7.1% | ||
| Q3 24 | -8.3% | 6.7% | ||
| Q2 24 | -6.8% | 2.7% | ||
| Q1 24 | -19.2% | 3.2% |
| Q4 25 | $-0.34 | $0.14 | ||
| Q3 25 | $-0.11 | $0.09 | ||
| Q2 25 | $-0.14 | $0.08 | ||
| Q1 25 | $-0.08 | $0.06 | ||
| Q4 24 | $-0.25 | $0.10 | ||
| Q3 24 | $-0.09 | $0.10 | ||
| Q2 24 | $-0.08 | $0.04 | ||
| Q1 24 | $-0.22 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $731.0K | $13.5M |
| Total DebtLower is stronger | $2.2B | — |
| Stockholders' EquityBook value | $1.5B | $141.5M |
| Total Assets | $4.0B | $199.2M |
| Debt / EquityLower = less leverage | 1.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $731.0K | $13.5M | ||
| Q3 25 | $3.0M | $11.1M | ||
| Q2 25 | $3.3M | $20.0M | ||
| Q1 25 | $2.9M | $10.2M | ||
| Q4 24 | $109.6M | $17.5M | ||
| Q3 24 | $133.6M | $11.3M | ||
| Q2 24 | $138.5M | $8.8M | ||
| Q1 24 | $3.5M | $7.3M |
| 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 24 | $2.1B | — |
| Q4 25 | $1.5B | $141.5M | ||
| Q3 25 | $1.5B | $133.6M | ||
| Q2 25 | $1.5B | $139.7M | ||
| Q1 25 | $1.6B | $134.8M | ||
| Q4 24 | $1.6B | $131.4M | ||
| Q3 24 | $1.6B | $125.0M | ||
| Q2 24 | $1.7B | $119.4M | ||
| Q1 24 | $1.7B | $116.3M |
| Q4 25 | $4.0B | $199.2M | ||
| Q3 25 | $4.0B | $202.4M | ||
| Q2 25 | $4.0B | $184.6M | ||
| Q1 25 | $4.0B | $178.1M | ||
| Q4 24 | $4.1B | $177.1M | ||
| Q3 24 | $4.1B | $169.5M | ||
| Q2 24 | $4.2B | $163.9M | ||
| Q1 24 | $4.0B | $154.9M |
| 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× | — | ||
| Q1 24 | 1.23× | — |
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 | $140.6M | $18.4M |
| Free Cash FlowOCF − Capex | — | $9.7M |
| FCF MarginFCF / Revenue | — | 12.7% |
| Capex IntensityCapex / Revenue | — | 11.5% |
| Cash ConversionOCF / Net Profit | — | 3.27× |
| TTM Free Cash FlowTrailing 4 quarters | — | $11.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $140.6M | $18.4M | ||
| Q3 25 | $35.8M | $18.4M | ||
| Q2 25 | $50.1M | $12.3M | ||
| Q1 25 | $3.7M | $2.9M | ||
| Q4 24 | $198.1M | $15.0M | ||
| Q3 24 | $42.9M | $12.7M | ||
| Q2 24 | $66.8M | $10.2M | ||
| Q1 24 | $23.4M | $1.2M |
| Q4 25 | — | $9.7M | ||
| Q3 25 | — | $10.7M | ||
| Q2 25 | — | $4.1M | ||
| Q1 25 | — | $-12.6M | ||
| Q4 24 | — | $3.2M | ||
| Q3 24 | — | $1.7M | ||
| Q2 24 | — | $1.2M | ||
| Q1 24 | — | $-4.8M |
| Q4 25 | — | 12.7% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | -21.4% | ||
| Q4 24 | — | 5.2% | ||
| Q3 24 | — | 3.0% | ||
| Q2 24 | — | 2.3% | ||
| Q1 24 | — | -9.5% |
| Q4 25 | — | 11.5% | ||
| Q3 25 | — | 10.6% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 26.2% | ||
| Q4 24 | — | 19.5% | ||
| Q3 24 | — | 19.0% | ||
| Q2 24 | — | 16.3% | ||
| Q1 24 | — | 11.9% |
| Q4 25 | — | 3.27× | ||
| Q3 25 | — | 5.23× | ||
| Q2 25 | — | 3.88× | ||
| Q1 25 | — | 1.09× | ||
| Q4 24 | — | 3.47× | ||
| Q3 24 | — | 3.29× | ||
| Q2 24 | — | 6.94× | ||
| Q1 24 | — | 0.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PDM
| Atlanta GA | $45.7M | 32% |
| Dallas TX | $24.1M | 17% |
| Orlando FL | $19.3M | 13% |
| New York NY | $14.7M | 10% |
| Northern Virginia Washington D.C. | $12.9M | 9% |
| Minneapolis MN | $11.4M | 8% |
| Boston MA | $9.8M | 7% |
| Real Estate Other | $7.8M | 5% |
VMD
Segment breakdown not available.
