Piedmont delivers natural gas to more than 1 million residential, commercial and industrial natural gas customers in North Carolina, South Carolina and Tennessee. While natural gas distribution is our core business, we also sell, service and install natural gas equipment and appliances through our Service Plus program. Our success is based on the relationships we've built with our customers, our communities and our employees.
Type
Public
HQ
Charlotte, US
Founded
1951
Size (employees)
1,934 (est)
Piedmont Natural Gas Company was founded in 1951 and is headquartered in Charlotte, US
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Piedmont Natural Gas Company Office Locations

Piedmont Natural Gas Company has offices in Greensboro, Wilmington, Monroe, Charlotte and in 6 other locations
Charlotte, US (HQ)
4720 Piedmont Row Dr
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Piedmont Natural Gas Company Financials and Metrics

Piedmont Natural Gas Company Financials

Piedmont Natural Gas Company's revenue was reported to be $1.15 b in FY, 2016 which is a 16.3% decrease from the previous period.
USD

Revenue (FY, 2016)

1.1 b

Revenue growth (FY, 2015 - FY, 2016), %

(16.3%)

Net income (FY, 2016)

193.2 m

EBIT (FY, 2016)

225.4 m

Market capitalization (3-Oct-2016)

4.9 b

Cash (31-Oct-2016)

16.6 m

EV

6.6 b
Piedmont Natural Gas Company's current market capitalization is $4.9 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.3 b1.5 b1.4 b1.1 b

Revenue growth, %

15%(7%)(16%)

EBIT

144.2 m179.9 m185 m225.4 m

EBIT margin, %

11%12%13%20%
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Revenue

657.7 m462.2 m164.2 m607.3 m424.9 m158.3 m461.3 m350.2 m157.8 m

Operating expense total

159.2 m144.2 m101.6 m164.3 m150.5 m106.3 m176.8 m152.5 m108.1 m

EBIT

102.3 m67.3 m3.3 m105.8 m75.1 m5.2 m109.4 m71.8 m6.7 m

EBIT margin, %

16%15%2%17%18%3%24%21%4%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

8.1 m9.6 m13.7 m16.6 m

Accounts Receivable

2 m3.4 m10.7 m

Inventories

55.6 m

Current Assets

348.1 m348 m255.9 m307.3 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Cash

16.2 m13.8 m18.4 m19.9 m13.4 m10.7 m20.4 m12.3 m13.5 m

Accounts Receivable

270.6 m149.1 m4.1 m4.4 m8.4 m6.9 m18.7 m13.1 m10.3 m

Current Assets

559 m327.2 m308.4 m495.5 m229.8 m222.3 m421.9 m279 m270 m

Goodwill

48.9 m48.9 m48.9 m48.9 m48.9 m48.9 m48.9 m48.9 m48.9 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

134.4 m143.8 m137 m193.2 m

Depreciation and Amortization

120.8 m129.3 m140.2 m148.3 m

Inventories

(2.1 m)(10 m)16.2 m13.9 m

Accounts Payable

2.4 m18 k(7.6 m)6.2 m
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016

Net Income

97.6 m62.5 m(7.3 m)93 m66.4 m152.8 m93 m159.4 m151.1 m

Depreciation and Amortization

29.6 m28.3 m30 m31.9 m31.7 m32.3 m33.7 m34 m34.5 m

Accounts Payable

98.4 m85.2 m119.9 m75.8 m88.1 m121 m85.6 m93.8 m

Income Taxes Paid

(3.7 m)(4.6 m)(1.7 m)(3.3 m)(5.9 m)
USDY, 2016

EV/EBIT

29.5 x

EV/CFO

21.5 x

EV/FCF

-31.1 x

Revenue/Employee

597.3 k

Debt/Equity

1.1 x

Debt/Assets

0.3 x

Financial Leverage

3.5 x
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