Piedmont Realty Trust (PDM) Interest Expenses (2010 - 2026)
Piedmont Realty Trust's (PDM) quarterly Interest Expenses came in at $31.9 million in Q2 2026, little changed YoY from $32.0 million in Q2 2025, and down 18.48% on a QoQ basis from $39.1 million in Q1 2026.
Piedmont Realty Trust (PDM) Interest Expenses (2010 - 2026) Analysis & Trends
Piedmont Realty Trust (PDM) has 17 years of Interest Expenses data on file, last reported at $31.9 million in Q2 2026.
- Quarterly Interest Expenses changed 0.25% year-over-year to $31.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $123.3 million (down 23.24% YoY) and the FY2025 annual result came in at $141.5 million, up 15.06% from the prior year.
- Interest Expenses slipped to $31.9 million in Q2 2026, from $39.1 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $54.6 million in Q1 2025 to a low of $14.2 million in Q2 2022.
- A 5-year average of $29.8 million and a median of $29.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses soared 96.58% — and 2025, when it tumbled 35.5%.
- Tracing PDM's Interest Expenses over 5 years: stood at $21.2 million in 2022, then soared by 34.22% to $28.4 million in 2023, then advanced by 11.25% to $31.6 million in 2024, then plunged by 35.5% to $20.4 million in 2025, then surged by 56.25% to $31.9 million in 2026.
- The last three Interest Expenses figures came in at $31.9 million (Q2 2026), $39.1 million (Q1 2026), and $20.4 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.19 Bn | 8.09 Bn | - | 64.34 Mn |
| 2 | Cousins Properties | 4.83 Bn | 4.83 Bn | 183.86 Mn | 47.06 Mn |
| 3 | Kilroy Realty | 4.22 Bn | 4.22 Bn | 212.24 Mn | 41.63 Mn |
| 4 | Copt Defense Properties | 4.21 Bn | 4.21 Bn | 191.37 Mn | 24.44 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | 41.69 Mn |
| 7 | Douglas Emmett | 1.97 Bn | 1.61 Bn | 178.95 Mn | 68.26 Mn |
| 8 | Empire State Realty OP | 1.22 Bn | 1.22 Bn | - | 27.81 Mn |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 31.87 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.87 Mn |
| Jun 30, 2026 | 31.87 Mn |
| Mar 31, 2026 | 39.10 Mn |
| Mar 31, 2026 | 39.10 Mn |
| Dec 31, 2025 | 20.40 Mn |
| Dec 31, 2025 | 20.40 Mn |
| Sep 30, 2025 | 31.97 Mn |
| Sep 30, 2025 | 31.97 Mn |
| Jun 30, 2025 | 31.95 Mn |
| Jun 30, 2025 | 31.95 Mn |
| Mar 31, 2025 | 54.60 Mn |
| Mar 31, 2025 | 54.60 Mn |
| Dec 31, 2024 | 31.63 Mn |
| Dec 31, 2024 | 31.63 Mn |
| Sep 30, 2024 | 42.50 Mn |
| Sep 30, 2024 | 42.50 Mn |
| Jun 30, 2024 | 29.57 Mn |
| Jun 30, 2024 | 29.57 Mn |
| Mar 31, 2024 | 46.00 Mn |
| Mar 31, 2024 | 46.00 Mn |