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Piedmont Office Realty Trust PDM Deferred Costs Leasing Net

Deferred Costs Leasing Net at other companies

Empire State Realty Trust logo
Empire State Realty TrustESRT
$258.17M+42.1%
Franklin Street Properties logo
Franklin Street PropertiesFSP
$21.28M-7.3%

Other financials

Income statement

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Revenue$144.1M+2.7%
Net income-$11.1M+34.0%
EPS (diluted)-$0.09+35.7%

Balance sheet

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Cash & equivalents$16.8M+406%
Total debt$15.0K-85.0%
Total equity$1.5B-4.7%
Total assets$4.0B+1.7%

Cash flow

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Operating cash flow$64.3M+28.4%

Valuation

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Market cap$1.19B+26.7%
P/S2.1×+0.4×

Profitability

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Operating margin22%
Net margin-14.2%+2.9pp
FCF margin-34.4%

Returns & leverage

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Return on equity-5.3%+1.8pp

Where this comes from

Reported directly by Piedmont Office Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:DeferredCostsLeasingNet.

The source filing: Piedmont Office Realty Trust’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001042776-26-000063
Line item(Unaudited) / June 30,2026December 31,2025
Prepaid expenses and other assets24,12020,857
Goodwill53,49153,491
Interest rate swaps530
Deferred lease costs, less accumulated amortization of $219,933 and $209,155 as of June 30, 2026 and December 31, 2025, respectively308,286311,066
Total assets$4,047,982$4,031,354
Liabilities:
Unsecured debt, net of unamortized discount and debt issuance costs of $23,287 and $23,368 as of June 30, 2026 and December 31, 2025, respectively$2,063,971$2,035,890
Secured debt186,966188,822

ITEM 1. CONSOLIDATED FINANCIAL STATEMENTS.

FAQ

What is Piedmont Office Realty Trust's deferred costs leasing net?
Piedmont Office Realty Trust (PDM) reported deferred costs leasing net of $308.29M in Q2 2026.
How has Piedmont Office Realty Trust's deferred costs leasing net changed year-over-year?
Piedmont Office Realty Trust's deferred costs leasing net increased by 18.4% year-over-year, from $260.44M to $308.29M.
What is the long-term trend for Piedmont Office Realty Trust's deferred costs leasing net?
Over 5 years (2020 to 2025), Piedmont Office Realty Trust's deferred costs leasing net has grown at a 2.6% compound annual growth rate (CAGR), from $274.27M to $311.07M.
What does deferred costs leasing net mean?
This represents capitalized costs associated with securing or renewing tenant leases, such as leasing commissions and legal fees, net of accumulated amortization. These costs are amortized over the life of the respective lease agreements. It reflects the investment required to maintain high occupancy levels across the property portfolio.

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