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Piedmont Office Realty Trust PDM Payments For Tenant Improvements, Capital Improvements, And To Develop Real Estate Assets

Payments For Tenant Improvements, Capital Improvements, And To Develop Real Estate Assets at other companies

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$12.69M-12.4%
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$3.69M-76.5%
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LXP Industrial TrustLXP
$5.61M-21.8%

Other financials

Income statement

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Revenue$143.3M+0.4%
Net income-$12.9M-27.9%
EPS (diluted)-$0.10-25.0%

Balance sheet

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Cash & equivalents$2.3M-21.7%
Total debt$15.0K-85.0%
Total equity$1.5B-5.0%
Total assets$4.0B+0.7%

Cash flow

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Operating cash flow$28.1M+657%

Valuation

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Market cap$1.16B+25.5%
P/S+0.4×

Profitability

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Operating margin22%
Net margin-15.3%+10.8pp
FCF margin-34.6%

Returns & leverage

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Return on equity-5.7%+5.7pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept pdm:PaymentsForTenantImprovementsCapitalImprovementsAndToDevelopRealEstateAssets.

The official record: Piedmont Office Realty Trust’s 10-K, filed February 17, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Piedmont Office Realty Trust's payments for tenant improvements, capital improvements, and to develop real estate assets?
Piedmont Office Realty Trust (PDM) reported payments for tenant improvements, capital improvements, and to develop real estate assets of $39.31M in Q4 2025.
How has Piedmont Office Realty Trust's payments for tenant improvements, capital improvements, and to develop real estate assets changed year-over-year?
Piedmont Office Realty Trust's payments for tenant improvements, capital improvements, and to develop real estate assets decreased by 25.9% year-over-year, from $53.03M to $39.31M.
What is the long-term trend for Piedmont Office Realty Trust's payments for tenant improvements, capital improvements, and to develop real estate assets?
Over 3 years (2022 to 2025), Piedmont Office Realty Trust's payments for tenant improvements, capital improvements, and to develop real estate assets has grown at a 9.0% compound annual growth rate (CAGR), from $121.36M to $157.24M.
What does payments for tenant improvements, capital improvements, and to develop real estate assets mean?
Captures the cash outflows dedicated to maintaining, upgrading, or developing real estate assets, including specific improvements made to accommodate tenants. These expenditures are essential for preserving property value, attracting high-quality tenants, and maintaining competitive lease rates in the commercial real estate market. High levels of these payments indicate ongoing investment in portfolio quality and tenant retention.