Piedmont Realty Trust (PDM) Operating Leases (2010 - 2026)

Piedmont Realty Trust (PDM) reported Operating Leases of $22.9 million for Q1 2026, down 25.52% on a YoY basis from $30.7 million in Q1 2025, and down 7.83% quarter-over-quarter from $24.8 million in Q4 2025.

Piedmont Realty Trust (PDM) Operating Leases (2010 - 2026) Analysis & Trends

Piedmont Realty Trust has reported Operating Leases for 17 years, with the latest figure at $22.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases fell 25.52% year-over-year to $22.9 million; the trailing twelve-month figure through Mar 2026 stood at $22.9 million (down 25.52% YoY), and the FY2025 full-year result was $24.8 million, down 24.3% from the prior year.
  • Operating Leases for Q1 2026 stood at $22.9 million, down from $24.8 million in the prior quarter.
  • The five-year high for Operating Leases was $60.7 million in Q3 2022, with the low at $22.9 million in Q1 2026.
  • Historically, Operating Leases has averaged $38.8 million across 5 years, with a median of $36.1 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Leases surged 125.43% — and 2026, when it retreated 25.52%.
  • Piedmont Realty Trust's Operating Leases stood at $56.9 million in 2022, then retreated by 24.63% to $42.9 million in 2023, then dropped by 23.6% to $32.8 million in 2024, then decreased by 24.3% to $24.8 million in 2025, then fell by 7.83% to $22.9 million in 2026.
  • The last three Operating Leases figures came in at $22.9 million (Q1 2026), $24.8 million (Q4 2025), and $26.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (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
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
6 Highwoods Properties 3.25 Bn 3.27 Bn -
7 Douglas Emmett 2.11 Bn 3.29 Bn 176.48 Mn
8 Empire State Realty OP 1.49 Bn 1.49 Bn -
9 Piedmont Realty Trust 1.15 Bn 1.15 Bn 85.99 Mn
10 Easterly Government Properties 1.12 Bn 1.17 Bn 71.01 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 22.88 Mn
Dec 31, 2025 24.82 Mn
Sep 30, 2025 26.79 Mn
Jun 30, 2025 28.75 Mn
Mar 31, 2025 30.72 Mn
Dec 31, 2024 32.79 Mn
Sep 30, 2024 35.17 Mn
Jun 30, 2024 37.66 Mn
Mar 31, 2024 40.24 Mn
Dec 31, 2023 42.93 Mn
Sep 30, 2023 45.83 Mn
Jun 30, 2023 50.34 Mn
Mar 31, 2023 53.49 Mn
Dec 31, 2022 56.95 Mn
Sep 30, 2022 60.69 Mn
Jun 30, 2022 32.97 Mn
Mar 31, 2022 36.08 Mn
Dec 31, 2021 39.34 Mn
Sep 30, 2021 26.92 Mn
Jun 30, 2021 29.76 Mn