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Piedmont Office Realty Trust PDM Construction in progress

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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$1.11B+20.3%
P/S+0.3×

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 us-gaap:ConstructionInProgressGross.

The official record: Piedmont Office Realty Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Piedmont Office Realty Trust's construction in progress?
Piedmont Office Realty Trust (PDM) reported construction in progress of $48.86M in Q1 2026.
How has Piedmont Office Realty Trust's construction in progress changed year-over-year?
Piedmont Office Realty Trust's construction in progress decreased by 54.5% year-over-year, from $107.42M to $48.86M.
What is the long-term trend for Piedmont Office Realty Trust's construction in progress?
Over 5 years (2020 to 2025), Piedmont Office Realty Trust's construction in progress has grown at a -4.8% compound annual growth rate (CAGR), from $56.75M to $44.36M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.