Piedmont Realty Trust (PDM) Construction in Progress (2010 - 2026)

Piedmont Realty Trust (PDM) reported Construction in Progress of $48.9 million for Q1 2026, down 54.52% on a YoY basis from $107.4 million in Q1 2025, and up 10.14% quarter-over-quarter from $44.4 million in Q4 2025.

Piedmont Realty Trust (PDM) Construction in Progress (2010 - 2026) Analysis & Trends

Piedmont Realty Trust has reported Construction in Progress for 17 years, with the latest figure at $48.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Construction in Progress fell 54.52% year-over-year to $48.9 million; the trailing twelve-month figure through Mar 2026 stood at $48.9 million (down 54.52% YoY), and the FY2025 full-year result was $44.4 million, down 57.39% from the prior year.
  • Construction in Progress for Q1 2026 stood at $48.9 million, up from $44.4 million in the prior quarter.
  • The five-year high for Construction in Progress was $144.0 million in Q3 2024, with the low at $41.5 million in Q2 2022.
  • Historically, Construction in Progress has averaged $75.0 million across 5 years, with a median of $59.1 million in 2023.
  • Annual changes were most pronounced in 2024 — Construction in Progress surged 100.17% — and 2025, when it sank 60.21%.
  • Piedmont Realty Trust's Construction in Progress stood at $52.0 million in 2022, then surged by 63.89% to $85.2 million in 2023, then climbed by 22.13% to $104.1 million in 2024, then slumped by 57.39% to $44.4 million in 2025, then climbed by 10.14% to $48.9 million in 2026.
  • The last three Construction in Progress figures came in at $48.9 million (Q1 2026), $44.4 million (Q4 2025), and $57.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Construction in Progress (Qtr)
1 Alexandria Real Estate Equities 9.03 Bn 9.03 Bn - -
2 Cousins Properties 4.85 Bn 4.87 Bn 180.52 Mn -
3 Kilroy Realty 4.57 Bn 4.57 Bn -59.85 Mn 2.39 Bn
4 Sl Green Realty 3.90 Bn 4.01 Bn 252.80 Mn -
5 Copt Defense Properties 3.85 Bn 3.90 Bn 195.09 Mn 308.42 Mn
6 Highwoods Properties 3.25 Bn 3.27 Bn - 6.25 Mn
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn -
8 Empire State Realty OP 1.49 Bn 1.49 Bn - 8.19 Mn
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn 48.86 Mn
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn 51.66 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 48.86 Mn
Dec 31, 2025 44.36 Mn
Sep 30, 2025 57.28 Mn
Jun 30, 2025 108.21 Mn
Mar 31, 2025 107.42 Mn
Dec 31, 2024 104.10 Mn
Sep 30, 2024 143.97 Mn
Jun 30, 2024 115.21 Mn
Mar 31, 2024 92.09 Mn
Dec 31, 2023 85.24 Mn
Sep 30, 2023 74.58 Mn
Jun 30, 2023 59.12 Mn
Mar 31, 2023 46.01 Mn
Dec 31, 2022 52.01 Mn
Sep 30, 2022 44.98 Mn
Jun 30, 2022 41.54 Mn
Mar 31, 2022 50.72 Mn
Dec 31, 2021 43.41 Mn
Sep 30, 2021 48.23 Mn
Jun 30, 2021 67.03 Mn