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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Employee Rating

2.8More
TypePublic
HQNew York, US
Founded1978
Size (employees)327 (est)
Websiteparamount-group.com
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, (HQ)
1801 Paramount Plaza 1633 Broadway
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Paramount Group Financials and Metrics

Paramount Group Revenue

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

Revenue (Q3, 2018)

192.6m

Net income (Q3, 2018)

44.3m

EBIT (Q3, 2018)

43.3m

Market capitalization (4-Dec-2018)

3.4b

Closing stock price (4-Dec-2018)

14.1

Cash (30-Sep-2018)

538.7m
Paramount Group's current market capitalization is $3.4 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

662.4m683.3m719.0m

Revenue growth, %

General and administrative expense

42.1m53.5m61.6m

Operating expense total

591.8m575.4m595.8m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

161.2m162.9m167.7m172.9m172.3m171.3m181.2m177.7m179.8m184.3m191.4m192.6m

General and administrative expense

12.6m9.1m6.7m14.0m12.1m13.2m13.6m16.6m14.5m12.6m17.2m14.5m

Operating expense total

148.1m154.5m141.2m152.7m139.9m143.9m142.8m149.2m149.5m146.9m195.9m149.3m

Depreciation and amortization

70.7m74.8m67.3m66.4m63.0m68.6m66.5m65.2m64.8m64.6m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

143.9m163.0m219.4m

Accounts Receivable

82.9k

Inventories

82.8m55.9m

Total Assets

8.8b8.9b8.9b
Quarterly
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

72.7m72.7m107.2m

Depreciation and Amortization

34.5m34.5m266.0m

Inventories

(4.5m)

Accounts Payable

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

Net Income

(11.4m)(8.3m)1.1m(7.5m)423.0k4.9m1.6m139.8m114.4m2.7m(33.9m)10.4m

Depreciation and Amortization

73.6m153.0m223.7m74.8m142.1m208.5m63.0m131.6m198.1m65.2m129.9m194.5m

Accounts Payable

(7.6m)(8.3m)62.0m54.9m(3.3m)(8.4m)(15.3m)(10.7m)5.3m1.3m700.0k

Cash From Operating Activities

62.3m58.2m82.0m131.8m70.0m17.7m82.0m105.1m35.6m106.5m134.2m
USDY, 2018

Financial Leverage

1.8 x
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Paramount Group News and Updates

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Paramount Group Company Life and Culture

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Paramount Group Frequently Asked Questions

  • When was Paramount Group founded?

    Paramount Group was founded in 1978.

  • How many employees does Paramount Group have?

    Paramount Group has 327 employees.

  • What is Paramount Group revenue?

    Latest Paramount Group annual revenue is $719 m.

  • What is Paramount Group revenue per employee?

    Latest Paramount Group revenue per employee is $2.2 m.

  • Who are Paramount Group competitors?

    Competitors of Paramount Group include Kite Realty Group Trust, Highwoods Properties and Segro.

  • Where is Paramount Group headquarters?

    Paramount Group headquarters is located at 1801 Paramount Plaza 1633 Broadway, New York.

  • Where are Paramount Group offices?

    Paramount Group has an office in New York.

  • How many offices does Paramount Group have?

    Paramount Group has 1 office.