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Peakstone Realty Trust (PKST) Fundamental Analysis & AI Grade 2026

PKST NYSE Real Estate Investment Trusts MD CIK: 0001600626
Updated This Month • Analysis: May 16, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 PKST Key Takeaways

Revenue: $25.7M
Net Margin: -68.2%
Free Cash Flow: $-9.7M
Current Ratio: N/A
Debt/Equity: 0.65x
EPS: $-0.47
AI Grade: D with 88% confidence
Peakstone Realty Trust (PKST) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $25.7M, net profit margin of -68.2%, and return on equity (ROE) of -2.4%, Peakstone Realty Trust demonstrates mixed fundamentals in the Real Estate sector. Below is our complete PKST stock analysis for 2026.

Is Peakstone Realty Trust (PKST) a Good Investment?

Claude

Peakstone Realty Trust exhibits severe financial distress with negative profitability (-68.2% net margin), negative operating cash flow (-$9.7M), and inability to service debt from operations (interest coverage -0.0x). For a REIT dependent on operational cash flow for distributions, this represents an unsustainable business model requiring significant restructuring.

Peakstone Realty Trust Key Strengths (PKST)

Claude
  • + Maintains positive stockholders' equity of $731.3M providing some financial cushion
  • + Holds $109.7M in cash providing near-term liquidity buffer
  • + Moderate leverage ratio of 0.65x debt-to-equity despite operational distress

PKST Stock Risks: Peakstone Realty Trust Investment Risks

Claude
  • ! Severe profitability crisis with net losses of $17.5M and deteriorating unit economics (-68.2% margin)
  • ! Negative operating and free cash flows (-$9.7M) rendering distribution payments unsustainable
  • ! Unable to cover interest obligations from operations (negative interest coverage) creating debt covenant violation risk
  • ! Declining revenue (-8.9% YoY) with zero capital expenditure indicating possible property divestment or abandonment

Key Metrics to Watch

Claude
  • * Operating cash flow stabilization and path to positive territory
  • * Revenue trend reversal and same-property NOI recovery
  • * Interest coverage ratio achieving positive levels
  • * Debt covenant compliance and refinancing terms
  • * Distribution sustainability and potential cuts/suspension

Peakstone Realty Trust (PKST) Financial Metrics & Key Ratios

Revenue
$25.7M
Net Income
$-17.5M
EPS (Diluted)
$-0.47
Free Cash Flow
$-9.7M
Total Assets
$1.3B
Cash Position
$109.7M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

PKST Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -1.2%
Net Margin -68.2%
ROE -2.4%
ROA -1.3%
FCF Margin -38.0%

PKST vs Real Estate Sector: How Peakstone Realty Trust Compares

How Peakstone Realty Trust compares to Real Estate sector averages

Net Margin
PKST -68.2%
vs
Sector Avg 20.0%
PKST Sector
ROE
PKST -2.4%
vs
Sector Avg 8.0%
PKST Sector
Current Ratio
PKST 0.0x
vs
Sector Avg 1.5x
PKST Sector
Debt/Equity
PKST 0.6x
vs
Sector Avg 1.5x
PKST Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Peakstone Realty Trust Stock Overvalued? PKST Valuation Analysis 2026

Based on fundamental analysis, Peakstone Realty Trust has mixed fundamental signals relative to the Real Estate sector in 2026.

Return on Equity
-2.4%
Sector avg: 8%
Net Profit Margin
-68.2%
Sector avg: 20%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.65x
Sector avg: 1.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Peakstone Realty Trust Balance Sheet: PKST Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.65x
Debt/Assets
42.5%
Interest Coverage
-0.01x
Long-term Debt
$475.1M

PKST Revenue & Earnings Growth: 5-Year Financial Trend

PKST 5-year financial data: Year 2021: Revenue $459.9M, Net Income $24.8M, EPS $0.11. Year 2022: Revenue $459.9M, Net Income -$13.0M, EPS $-0.52. Year 2023: Revenue $459.9M, Net Income $1.6M, EPS $0.04. Year 2024: Revenue $416.5M, Net Income -$411.9M, EPS $-11.41. Year 2025: Revenue $143.8M, Net Income -$557.9M, EPS $-15.50.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Peakstone Realty Trust's revenue has declined by 69% over the 5-year period, indicating business contraction. The most recent EPS of $-15.50 indicates the company is currently unprofitable.

PKST Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-38.0%
Free cash flow / Revenue

PKST Quarterly Earnings & Performance

Quarterly financial performance data for Peakstone Realty Trust including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $25.7M -$17.5M $-0.47
Q3 2025 $25.8M $3.5M $0.09
Q2 2025 $54.0M $1.3M $0.03
Q1 2025 $57.0M $5.0M $0.14
Q3 2024 $55.0M -$23.1M $-0.64
Q2 2024 $56.0M $1.3M $0.03
Q1 2024 $59.2M $5.0M $0.14
Q3 2023 $61.7M -$111.2M $-3.08

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Peakstone Realty Trust Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$9.7M
Cash generated from operations
Dividends Paid
$3.8M
Returned to shareholders

PKST SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Peakstone Realty Trust (CIK: 0001600626)

📋 Recent SEC Filings

Date Form Document Action
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →
May 6, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about PKST

What is the AI rating for PKST?

Peakstone Realty Trust (PKST) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PKST's key strengths?

Claude: Maintains positive stockholders' equity of $731.3M providing some financial cushion. Holds $109.7M in cash providing near-term liquidity buffer.

What are the risks of investing in PKST?

Claude: Severe profitability crisis with net losses of $17.5M and deteriorating unit economics (-68.2% margin). Negative operating and free cash flows (-$9.7M) rendering distribution payments unsustainable.

What is PKST's revenue and growth?

Peakstone Realty Trust reported revenue of $25.7M.

Does PKST pay dividends?

Peakstone Realty Trust pays dividends, with $3.8M distributed to shareholders in the trailing twelve months.

Where can I find PKST SEC filings?

Official SEC filings for Peakstone Realty Trust (CIK: 0001600626) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PKST's EPS?

Peakstone Realty Trust has a diluted EPS of $-0.47.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is PKST's fundamental grade?

Based on our AI fundamental analysis in May 2026, Peakstone Realty Trust has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is PKST stock overvalued or undervalued?

Valuation metrics for PKST: ROE of -2.4% (sector avg: 8%), net margin of -68.2% (sector avg: 20%). Compare these metrics with sector averages to assess valuation.

What is PKST's AI grade for 2026?

Our dual AI analysis gives Peakstone Realty Trust a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PKST's free cash flow?

Peakstone Realty Trust's operating cash flow is $-9.7M, with capital expenditures of $0.0. FCF margin is -38.0%.

How does PKST compare to other Real Estate stocks?

Vs Real Estate sector averages: Net margin -68.2% (avg: 20%), ROE -2.4% (avg: 8%), current ratio N/A (avg: 1.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 16, 2026 | Data as of: 2026-03-31 | Powered by Claude AI