Piedmont Realty Trust (PDM) Operating Leases (2010 - 2026)
Piedmont Realty Trust's (PDM) quarterly Operating Leases came in at $21.2 million in Q2 2026, down 26.21% YoY from $28.8 million in Q2 2025, and down 7.27% on a QoQ basis from $22.9 million in Q1 2026.
Piedmont Realty Trust (PDM) Operating Leases (2010 - 2026) Analysis & Trends
Piedmont Realty Trust (PDM) has 17 years of Operating Leases data on file, last reported at $21.2 million in Q2 2026.
- Quarterly Operating Leases fell 26.21% year-over-year to $21.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $21.2 million (down 26.21% YoY) and the FY2025 annual result came in at $24.8 million, down 24.3% from the prior year.
- Operating Leases declined to $21.2 million in Q2 2026, from $22.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $60.7 million in Q3 2022 to a low of $21.2 million in Q2 2026.
- A 5-year average of $37.8 million and a median of $35.6 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2022 — Operating Leases surged 125.43% — and 2026, when it declined 26.21%.
- Tracing PDM's Operating Leases over 5 years: 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 slipped by 14.53% to $21.2 million in 2026.
- The last three Operating Leases figures came in at $21.2 million (Q2 2026), $22.9 million (Q1 2026), and $24.8 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.22 Mn |
| 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 |