Paramount Group, Inc. is a real estate investment trust (REIT) focused on owning, operating, managing, acquiring and redeveloping Class A office properties in select central business district submarkets of New York City, Washington, District of Columbia (D.C.) and San Francisco. The Company conducts its business primarily through Paramount Group Operating Partnership LP. It operates through the segment, which includes operating, leasing and managing office properties. Its portfolio consists of over 12 Class A office properties aggregating approximately 10.4 million square feet. It also has an investment management business, where it serves as the general partner and property manager of certain private equity real estate funds for institutional investors and high-net-worth individuals. The Company's private equity real estate funds (the Property Funds) invest in office buildings and related facilities primarily in New York City, Washington, D.C. and San Francisco.

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Type
Public
HQ
New York, US
Founded
1978
Size (employees)
327 (est)-2%
Paramount Group was founded in 1978 and is headquartered in New York, US
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Paramount Group Office Locations

Paramount Group has an office in New York
New York, US (HQ)
1801 Paramount Plaza 1633 Broadway
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Paramount Group Financials and Metrics

Paramount Group Financials

Paramount Group's revenue was reported to be $718.97 m in FY, 2017
USD

Revenue (Q1, 2018)

184.3 m

Net income (Q1, 2018)

2.7 m

EBIT (Q1, 2018)

37.4 m

Market capitalization (23-May-2018)

3.6 b

Closing share price (23-May-2018)

14.9

Cash (31-Mar-2018)

212.5 m
Paramount Group's current market capitalization is $3.6 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

66.1 m66.1 m719 m

Revenue growth, %

General and administrative expense

2.2 m2.2 m61.6 m

Operating expense total

2.2 m2.2 m595.8 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

161.2 m162.9 m167.7 m172.9 m172.3 m171.3 m181.2 m177.7 m184.3 m

General and administrative expense

12.6 m9.1 m6.7 m14 m12.1 m13.2 m13.6 m16.6 m12.6 m

Operating expense total

148.1 m154.5 m141.2 m152.7 m139.9 m143.9 m142.8 m149.2 m146.9 m

Depreciation and amortization

65.2 m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

143.9 m163 m219.4 m

Accounts Receivable

82.9 k

Inventories

82.8 m55.9 m

Total Assets

8.8 b8.9 b8.9 b
Quarterly
USDQ2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

438.1 m418.1 m178.7 m224.5 m83.3 m125.7 m254.8 m212.5 m

Total Assets

9 b9 b8.4 b8.4 b8.3 b8.9 b8.5 b9 b

Accounts Payable

96.6 m97.2 m154.7 m147 m85.9 m88.3 m83.3 m128.6 m

Total Liabilities

3.5 b3.5 b3.5 b3.5 b3.5 b4 b3.6 b3.9 b
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

72.7 m72.7 m107.2 m

Depreciation and Amortization

34.5 m34.5 m266 m

Inventories

(4.5 m)

Accounts Payable

12.5 m6.3 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

(11.4 m)3.1 m9.4 m(7.5 m)423 k4.9 m1.6 m139.8 m2.7 m

Depreciation and Amortization

73.6 m79.4 m70.7 m74.8 m142.1 m208.5 m63 m131.6 m65.2 m

Accounts Payable

62 m54.9 m(3.3 m)(8.4 m)(15.3 m)5.3 m

Cash From Operating Activities

82 m131.8 m70 m17.7 m82 m35.6 m
USDY, 2018

Financial Leverage

1.8 x
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Paramount Group News and Updates

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