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| Date | Value |
|---|---|
| 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 |