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HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Hudson Pacific Properties, Inc.(HPP US)

Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
Logo
  • Home
  • AI Agent
  • Annotations
  • Files
  • Pricing and plans
  • BlogAboutContact us
    APIMCP
    Terms of servicePrivacy policy
  • Get the full experience

    We save the real magic for signed-in users.

HomeStock ScreenerDocument SearchChartingWatchlistsRecent Filings

Hudson Pacific Properties, Inc.(HPP US)

Doc SearchProfileEntity StructureFinancialsChartingShort InterestEmployees

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees
HPP US​
Ask AI
HPP US​
Ask AI

Hudson Pacific Properties, Inc. — Company Profile

Hudson Pacific Properties, Inc. (HPP) functions as a Real Estate Investment Trust, overseeing a significant collection of office and studio properties. Its extensive holdings encompass nearly 19 million square feet, a figure that also accounts for land designated for future development. The company strategically focuses its investments on key West Coast centers recognized for their innovation, media, and technology industries. Its impressive tenant roster comprises prominent Fortune 500 companies and swiftly expanding enterprises, including well-known names like Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific's stock is publicly traded on the New York Stock Exchange under the ticker HPP, and it is also recognized as a component of the S&P MidCap 400 Index.

Sector
Real Estate
Industry
REIT - Office
Exchange
UN
CEO
Victor J. Coleman
Headquarters
Los Angeles, CA, US
IPO Date
Jun 24, 2010
Employees
607
Website
www.hudsonpacificproperties.com

Key Metrics

Price
$11.48
Market Cap
$622.70M
Revenue (TTM)
$181.85M
Net Income (TTM)
$-48040000.00
EPS (TTM)
-0.82
P/E (TTM)
-1.16
P/B (TTM)
0.21
Dividend Yield
2.06%
ROE (TTM)
-1.65%
ROA (TTM)
-0.66%
Operating Margin
-8.21%
Beta
1.25

Dividends

Last Dividend
$0.05
Last Yield
0.02%

Summary

Hudson Pacific Properties, Inc. (HPP) functions as a Real Estate Investment Trust, overseeing a significant collection of office and studio properties. Its extensive holdings encompass nearly 19 million square feet, a figure that also accounts for land designated for future development. The company strategically focuses its investments on key West Coast centers recognized for their innovation, media, and technology industries. Its impressive tenant roster comprises prominent Fortune 500 companies and swiftly expanding enterprises, including well-known names like Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific's stock is publicly traded on the New York Stock Exchange under the ticker HPP, and it is also recognized as a component of the S&P MidCap 400 Index.

Website
www.hudsonpacificproperties.com
Location
Los Angeles, CA, US
Phone310-445-5700
Employees607
CEOVictor J. Coleman
Sector
Real Estate
IndustryREIT - Office
IPO DateJun 24, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.4K)

Expand
  • 10-QQ3ended 30 Sept 20266 Nov
  • 8-KResults of Operations and Financial Condition5 Nov
  • 8-KRegulation FD Disclosure5 Oct
  • 8-KRegulation FD Disclosure11 Sep
  • SC 13G/AHudson Pacific Properties, Inc.14 Aug
  • SC 13G/AHudson Pacific Properties, Inc.14 Aug
  • Form 4BORTZ JON E11 Aug
  • 10-QQ2ended 30 Jun 202610 Aug
  • 8-KResults of Operations and Financial Condition5 Aug
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers22 Jun
  • Form 4BORTZ JON E1 Jun
  • Form 4SHOLEM BARRY A1 Jun
  • Form 4FERGUSON T RITSON1 Jun
  • Form 4ANTENUCCI TED R1 Jun
  • Form 4HARRIS ROBERT L II1 Jun
  • 8-KSubmission of Matters to a Vote of Security Holders1 Jun
  • SC 13GHudson Pacific Properties, Inc.15 May
  • SC 13GHudson Pacific Properties, Inc.15 May
  • 10-QQ1ended 31 Mar 20268 May
  • 8-KResults of Operations and Financial Condition7 May

News

  • AN2 Therapeutics Reports Third Quarter 2026 Financial Results and Recent Business and Scientific Highlights9 Nov
  • What Hudson Pacific Properties (HPP) Said on Its Q3 Earnings Call7 Nov
  • Hudson Pacific Properties, Inc. (HPP) Q3 2026 Earnings Call Transcript5 Nov
  • Hudson Pacific Properties (HPP) Tops Q3 FFO Estimates5 Nov
  • Hudson Pacific (HPP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates5 Nov
  • Hudson Pacific Properties Reports Third Quarter 2026 Financial Results5 Nov
  • AN2 Therapeutics Advances Pipeline With Development Candidate Nomination for Hypophosphatasia (HPP)4 Nov
  • Hudson Pacific Sells North San Jose Office Property15 Oct
  • You Can't Buy Pelosi's New Office Tower Stake. These 2 Stocks Are the Closest Thing14 Oct
  • Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes9 Oct
  • Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes9 Oct
  • Hudson Pacific Properties Announces Cash Tender Offer for Outstanding Notes5 Oct
  • Hudson Pacific Properties Announces Date for Third Quarter Earnings Release and Conference Call28 Sep
  • Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes27 Sep
  • Hudson Pacific Sells 875 and 899 Howard in San Francisco25 Sep
  • Hudson Pacific Properties (NYSE:HPP) Shares Gap Up – Should You Buy?24 Sep
  • Hudson Pacific Properties, Inc. (HPP) Presents at BofA NY Global Real Estate Conference 2026 Transcript15 Sep
  • Hudson Pacific Extends $1.1 Billion Loan on Hollywood Media Portfolio11 Sep
  • Hudson Pacific Properties to Participate in BofA Securities 2026 Global Real Estate Conference10 Sep
  • Hudson Pacific Properties Declares Third Quarter 2026 Preferred Stock Dividend9 Sep

Mentions in Filings

  • … row Company (1987 – 1993) ◾  Kenneth Leventhal & Co., Los Angeles-based public accounting firm specializing in the real estate industry now part of Ernst & Young LLP (1985 – 1987) Other Prior Board Service ◾  <strong>Hudson Pacific Properties, Inc.</strong> (NYSE: HPP) (2010 – 2026) ◾  Austerlitz Acquisition Corp. I (NYSE: AUS): (2021 – 2022) ◾  Austerlitz Acquisition Corp. II (NYSE: ASZ) (2021 – 2022) ◾  Foley Trasimene Acquisition Corp. II (NYSE: BFT) (2020 – 2 …
    Cannae Holdings, Inc.Hudson Pacific Properties, Inc.·DEF 14A - Definitive proxy statement·Q4 26·30 Oct
  • #\*Hudson Pacific Properties, Inc. 89,364 770,318
    Dimensional ETF TrustHudson Pacific Properties, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … d in counterparts, each of which shall be deemed an original part and all of which together shall constitute a single agreement. “Landlord”: HUDSON METRO CENTER, LLC, a Delaware limited liability company By: <strong>Hudson Pacific Properties</strong>, L.P., a Maryland limited partnership, its sole member By: Hudson Pacific Properties, Inc., a Maryland corporation, its general partner By: Name: Title: --- Agreed and Accepted as of , 20. “Tenant”: SAGI …
    Sagimet Biosciences Inc.Hudson Pacific Properties, Inc.·EX-10.1 - 10-Q - Quarterly report Q2·Q2 26·11 Aug
  • … operties IncGLPI Getty Realty CorpGTY Gladstone Commercial CorpGOOD Global Net Lease IncGNL Healthcare Realty Trust IncHR Healthpeak Properties IncDOC Highwoods Properties IncHIW Host Hotels & ResortsHST <strong>Hudson Pacific Properties</strong> IncHPP Independence Realty Trust IncIRT Innovative Industrial Properties IncIIPR InvenTrust Properties CorpIVT Invitation Homes IncINVH Iron Mountain IncIRM JBG Smith PropertiesJBGS Kilroy Realty CorpKRC …
    CTO Realty Growth, Inc.Hudson Pacific Properties, Inc.·EX-10.1 - 10-Q - Quarterly report Q2·Q2 26·28 Jul
  • Annual Report 2025 34 Leadership DIRECTORS Mark K. Holdsworth (Chairman) Managing Partner The Holdsworth Group Sheryl Cefali Managing Director Duff & Phelps Robert Dawson Chief Executive Officer RF Industries, Ltd. Gerald T. Garland Retired Executive Kay L. Tidwell General Counsel and Chief Risk Officer Hudson Pacific Properties Inc. OFFICERS Robert Dawson Chief Executive Officer Ray Bibisi President and Chief Operating Officer Peter Yin Chief F …
    R F INDUSTRIES LTDHudson Pacific Properties, Inc.·ARS - Annual report to security holders·FY25·28 Jul
  • … 022 and serves as the Chair of the Nominating and Corporate Governance Committee and a member of the Compensation Committee. Ms. Tidwell is the Executive Vice President, General Counsel and Chief Risk Officer of <strong>Hudson Pacific Properties</strong> Inc. (“Hudson Pacific”) (NYSE: HPP). She joined Hudson Pacific in 2010 and is responsible for the Company’s corporate legal function, overseeing corporate governance matters, SEC and NYSE compliance, insurance an …
    R F INDUSTRIES LTDHudson Pacific Properties, Inc.·DEF 14A - Definitive proxy statement·Q4 26·28 Jul

Key Stats

Trading

Px/Chg 1D$11.48 / +0.53%
Avg Volume1.26M
Beta1.25
Mkt Cap622.70M
FD Mkt Cap685.08M

Float

Shrs Out/Float54.24M / 52.83M
Short Float0.13%
Days to Cover6.67
Stock Repurchased$0.00

Current Valuation

EV4.87B
EV/EBITDA-144.42
EV/Sales5.98
P/B0.21
P/S0.76
FCF Yield6.48%
ROE-1.65%
ROA-0.66%
Current Ratio0.35

Dividend

Cash$0.05
Yield2.06%
Yield (TTM)2.06%

Estimates

P/E-1.16
Est P/E0.00
Est EPS0.18
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-8.29-21.25-4.41-0.94-1.90-12.96
Price / Sales1.480.720.810.382.053.42
Price / Book Value0.200.220.250.110.180.21
Price / Free Cash Flow6.622.133.392.279.9015.44
ENTERPRISE VALUE METRICS
Enterprise Value5,558.86,533.95,965.45,619.14,804.14,871.4
Enterprise Value / Sales12.976.376.266.6718.7626.79
Enterprise Value / EBITDA20.4912.9013.3136.95-32.1971.47
Enterprise Value / EBIT-53.6648.99118.10-27.77-19.83-387.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-1.9%896.81,026.2952.3842.1831.1
Gross Income—561.0612.4501.8388.0-350.2
EBITDA—494.6506.6448.4152.1-45.4
EBIT—151.0133.450.5-202.4-420.4
Net Income—10.1-35.0-173.9-343.3-551.7
EPS (Diluted)—0.28-2.73-9.52-18.06-12.81
BALANCE SHEET
Cash & ST Inv-11.5%225.9255.8100.463.3138.4
Total Assets-5.2%8,990.29,319.18,282.18,132.27,268.0
Total Liabilities-3.4%4,663.75,444.34,730.74,964.34,065.8
Total Shareholder Equity-5.6%3,741.83,305.13,078.02,855.52,972.2
CASH FLOW
Net Operating Cash Flow-21.3%314.9369.5232.3164.7121.0
Cap Ex-35.2%-125.2-20.2-5.7-23.1-22.1
Free Cash Flow-15%189.6349.3226.5141.698.9

Enterprise Value Bridge

Millions USD10 Nov '26
Price (As of 10 Nov '26)9.05
Basic Shares54.24
Market Cap490.9
Diluted Shares64.49
Fully Diluted Shares Outstanding64.49
Fully Diluted Market Cap583.7
+Consolidated Debt309.9
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-160.5
−Short-term Investments-
+Total Preferred425.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest49.6
+Pension Liabilities—
Enterprise Value1,114.9

Segment data

Revenue

by Products and services

  • Office Segment84%
  • Studio Segment16%

Related companies

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FirstService Corp

FSV US

Colliers International Group Inc.

CIGI US

Curbline Properties Corp.

CURB US

Urban Edge Properties

UE US

Getty Realty Corp /MD/

GTY US

Innovative Industrial Properties Inc

IIPR US

Forestar Group Inc.

FOR US

Cresud Inc

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Angel Oak Mortgage REIT, Inc.

AOMN US

AH Realty Trust, Inc.

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Hudson Pacific Properties, Inc. — Company Profile

Hudson Pacific Properties, Inc. (HPP) functions as a Real Estate Investment Trust, overseeing a significant collection of office and studio properties. Its extensive holdings encompass nearly 19 million square feet, a figure that also accounts for land designated for future development. The company strategically focuses its investments on key West Coast centers recognized for their innovation, media, and technology industries. Its impressive tenant roster comprises prominent Fortune 500 companies and swiftly expanding enterprises, including well-known names like Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific's stock is publicly traded on the New York Stock Exchange under the ticker HPP, and it is also recognized as a component of the S&P MidCap 400 Index.

Sector
Real Estate
Industry
REIT - Office
Exchange
UN
CEO
Victor J. Coleman
Headquarters
Los Angeles, CA, US
IPO Date
Jun 24, 2010
Employees
607
Website
www.hudsonpacificproperties.com

Key Metrics

Price
$11.48
Market Cap
$622.70M
Revenue (TTM)
$181.85M
Net Income (TTM)
$-48040000.00
EPS (TTM)
-0.82
P/E (TTM)
-1.16
P/B (TTM)
0.21
Dividend Yield
2.06%
ROE (TTM)
-1.65%
ROA (TTM)
-0.66%
Operating Margin
-8.21%
Beta
1.25

Dividends

Last Dividend
$0.05
Last Yield
0.02%

Summary

Hudson Pacific Properties, Inc. (HPP) functions as a Real Estate Investment Trust, overseeing a significant collection of office and studio properties. Its extensive holdings encompass nearly 19 million square feet, a figure that also accounts for land designated for future development. The company strategically focuses its investments on key West Coast centers recognized for their innovation, media, and technology industries. Its impressive tenant roster comprises prominent Fortune 500 companies and swiftly expanding enterprises, including well-known names like Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific's stock is publicly traded on the New York Stock Exchange under the ticker HPP, and it is also recognized as a component of the S&P MidCap 400 Index.

Website
www.hudsonpacificproperties.com
Location
Los Angeles, CA, US
Phone310-445-5700
Employees607
CEOVictor J. Coleman
Sector
Real Estate
IndustryREIT - Office
IPO DateJun 24, 2010

Ask AI

Company overview
Business model, segments, and competition.
Peer comparison
Metrics vs closest competitors.
Guidance & outlook
Forward guidance and assumptions.
Bull vs bear case
Upside drivers and key risks.
Valuation snapshot
Multiples vs history and peers.
Competitive moat
Defensibility and market position.
Management track record
Leadership and capital allocation history.
How it makes money
A short diagram of the business model.

Latest Documents

SEC Filings(1.4K)

Expand
  • 10-QQ3ended 30 Sept 20266 Nov
  • 8-KResults of Operations and Financial Condition5 Nov
  • 8-KRegulation FD Disclosure5 Oct
  • 8-KRegulation FD Disclosure11 Sep
  • SC 13G/AHudson Pacific Properties, Inc.14 Aug
  • SC 13G/AHudson Pacific Properties, Inc.14 Aug
  • Form 4BORTZ JON E11 Aug
  • 10-QQ2ended 30 Jun 202610 Aug
  • 8-KResults of Operations and Financial Condition5 Aug
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers22 Jun
  • Form 4BORTZ JON E1 Jun
  • Form 4SHOLEM BARRY A1 Jun
  • Form 4FERGUSON T RITSON1 Jun
  • Form 4ANTENUCCI TED R1 Jun
  • Form 4HARRIS ROBERT L II1 Jun
  • 8-KSubmission of Matters to a Vote of Security Holders1 Jun
  • SC 13GHudson Pacific Properties, Inc.15 May
  • SC 13GHudson Pacific Properties, Inc.15 May
  • 10-QQ1ended 31 Mar 20268 May
  • 8-KResults of Operations and Financial Condition7 May

News

  • AN2 Therapeutics Reports Third Quarter 2026 Financial Results and Recent Business and Scientific Highlights9 Nov
  • What Hudson Pacific Properties (HPP) Said on Its Q3 Earnings Call7 Nov
  • Hudson Pacific Properties, Inc. (HPP) Q3 2026 Earnings Call Transcript5 Nov
  • Hudson Pacific Properties (HPP) Tops Q3 FFO Estimates5 Nov
  • Hudson Pacific (HPP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates5 Nov
  • Hudson Pacific Properties Reports Third Quarter 2026 Financial Results5 Nov
  • AN2 Therapeutics Advances Pipeline With Development Candidate Nomination for Hypophosphatasia (HPP)4 Nov
  • Hudson Pacific Sells North San Jose Office Property15 Oct
  • You Can't Buy Pelosi's New Office Tower Stake. These 2 Stocks Are the Closest Thing14 Oct
  • Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes9 Oct
  • Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes9 Oct
  • Hudson Pacific Properties Announces Cash Tender Offer for Outstanding Notes5 Oct
  • Hudson Pacific Properties Announces Date for Third Quarter Earnings Release and Conference Call28 Sep
  • Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes27 Sep
  • Hudson Pacific Sells 875 and 899 Howard in San Francisco25 Sep
  • Hudson Pacific Properties (NYSE:HPP) Shares Gap Up – Should You Buy?24 Sep
  • Hudson Pacific Properties, Inc. (HPP) Presents at BofA NY Global Real Estate Conference 2026 Transcript15 Sep
  • Hudson Pacific Extends $1.1 Billion Loan on Hollywood Media Portfolio11 Sep
  • Hudson Pacific Properties to Participate in BofA Securities 2026 Global Real Estate Conference10 Sep
  • Hudson Pacific Properties Declares Third Quarter 2026 Preferred Stock Dividend9 Sep

Mentions in Filings

  • … row Company (1987 – 1993) ◾  Kenneth Leventhal & Co., Los Angeles-based public accounting firm specializing in the real estate industry now part of Ernst & Young LLP (1985 – 1987) Other Prior Board Service ◾  <strong>Hudson Pacific Properties, Inc.</strong> (NYSE: HPP) (2010 – 2026) ◾  Austerlitz Acquisition Corp. I (NYSE: AUS): (2021 – 2022) ◾  Austerlitz Acquisition Corp. II (NYSE: ASZ) (2021 – 2022) ◾  Foley Trasimene Acquisition Corp. II (NYSE: BFT) (2020 – 2 …
    Cannae Holdings, Inc.Hudson Pacific Properties, Inc.·DEF 14A - Definitive proxy statement·Q4 26·30 Oct
  • #\*Hudson Pacific Properties, Inc. 89,364 770,318
    Dimensional ETF TrustHudson Pacific Properties, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … d in counterparts, each of which shall be deemed an original part and all of which together shall constitute a single agreement. “Landlord”: HUDSON METRO CENTER, LLC, a Delaware limited liability company By: <strong>Hudson Pacific Properties</strong>, L.P., a Maryland limited partnership, its sole member By: Hudson Pacific Properties, Inc., a Maryland corporation, its general partner By: Name: Title: --- Agreed and Accepted as of , 20. “Tenant”: SAGI …
    Sagimet Biosciences Inc.Hudson Pacific Properties, Inc.·EX-10.1 - 10-Q - Quarterly report Q2·Q2 26·11 Aug
  • … operties IncGLPI Getty Realty CorpGTY Gladstone Commercial CorpGOOD Global Net Lease IncGNL Healthcare Realty Trust IncHR Healthpeak Properties IncDOC Highwoods Properties IncHIW Host Hotels & ResortsHST <strong>Hudson Pacific Properties</strong> IncHPP Independence Realty Trust IncIRT Innovative Industrial Properties IncIIPR InvenTrust Properties CorpIVT Invitation Homes IncINVH Iron Mountain IncIRM JBG Smith PropertiesJBGS Kilroy Realty CorpKRC …
    CTO Realty Growth, Inc.Hudson Pacific Properties, Inc.·EX-10.1 - 10-Q - Quarterly report Q2·Q2 26·28 Jul
  • Annual Report 2025 34 Leadership DIRECTORS Mark K. Holdsworth (Chairman) Managing Partner The Holdsworth Group Sheryl Cefali Managing Director Duff & Phelps Robert Dawson Chief Executive Officer RF Industries, Ltd. Gerald T. Garland Retired Executive Kay L. Tidwell General Counsel and Chief Risk Officer Hudson Pacific Properties Inc. OFFICERS Robert Dawson Chief Executive Officer Ray Bibisi President and Chief Operating Officer Peter Yin Chief F …
    R F INDUSTRIES LTDHudson Pacific Properties, Inc.·ARS - Annual report to security holders·FY25·28 Jul
  • … 022 and serves as the Chair of the Nominating and Corporate Governance Committee and a member of the Compensation Committee. Ms. Tidwell is the Executive Vice President, General Counsel and Chief Risk Officer of <strong>Hudson Pacific Properties</strong> Inc. (“Hudson Pacific”) (NYSE: HPP). She joined Hudson Pacific in 2010 and is responsible for the Company’s corporate legal function, overseeing corporate governance matters, SEC and NYSE compliance, insurance an …
    R F INDUSTRIES LTDHudson Pacific Properties, Inc.·DEF 14A - Definitive proxy statement·Q4 26·28 Jul

Key Stats

Trading

Px/Chg 1D$11.48 / +0.53%
Avg Volume1.26M
Beta1.25
Mkt Cap622.70M
FD Mkt Cap685.08M

Float

Shrs Out/Float54.24M / 52.83M
Short Float0.13%
Days to Cover6.67
Stock Repurchased$0.00

Current Valuation

EV4.87B
EV/EBITDA-144.42
EV/Sales5.98
P/B0.21
P/S0.76
FCF Yield6.48%
ROE-1.65%
ROA-0.66%
Current Ratio0.35

Dividend

Cash$0.05
Yield2.06%
Yield (TTM)2.06%

Estimates

P/E-1.16
Est P/E0.00
Est EPS0.18
Est PEG0.00

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-8.29-21.25-4.41-0.94-1.90-12.96
Price / Sales1.480.720.810.382.053.42
Price / Book Value0.200.220.250.110.180.21
Price / Free Cash Flow6.622.133.392.279.9015.44
ENTERPRISE VALUE METRICS
Enterprise Value5,558.86,533.95,965.45,619.14,804.14,871.4
Enterprise Value / Sales12.976.376.266.6718.7626.79
Enterprise Value / EBITDA20.4912.9013.3136.95-32.1971.47
Enterprise Value / EBIT-53.6648.99118.10-27.77-19.83-387.79

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-1.9%896.81,026.2952.3842.1831.1
Gross Income—561.0612.4501.8388.0-350.2
EBITDA—494.6506.6448.4152.1-45.4
EBIT—151.0133.450.5-202.4-420.4
Net Income—10.1-35.0-173.9-343.3-551.7
EPS (Diluted)—0.28-2.73-9.52-18.06-12.81
BALANCE SHEET
Cash & ST Inv-11.5%225.9255.8100.463.3138.4
Total Assets-5.2%8,990.29,319.18,282.18,132.27,268.0
Total Liabilities-3.4%4,663.75,444.34,730.74,964.34,065.8
Total Shareholder Equity-5.6%3,741.83,305.13,078.02,855.52,972.2
CASH FLOW
Net Operating Cash Flow-21.3%314.9369.5232.3164.7121.0
Cap Ex-35.2%-125.2-20.2-5.7-23.1-22.1
Free Cash Flow-15%189.6349.3226.5141.698.9

Enterprise Value Bridge

Millions USD10 Nov '26
Price (As of 10 Nov '26)9.05
Basic Shares54.24
Market Cap490.9
Diluted Shares64.49
Fully Diluted Shares Outstanding64.49
Fully Diluted Market Cap583.7
+Consolidated Debt309.9
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-160.5
−Short-term Investments-
+Total Preferred425.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest49.6
+Pension Liabilities—
Enterprise Value1,114.9

Segment data

Revenue

by Products and services

  • Office Segment84%
  • Studio Segment16%

Related companies

Cbre Group, Inc.

CBRE US

FirstService Corp

FSV US

Colliers International Group Inc.

CIGI US

Curbline Properties Corp.

CURB US

Urban Edge Properties

UE US

Getty Realty Corp /MD/

GTY US

Innovative Industrial Properties Inc

IIPR US

Forestar Group Inc.

FOR US

Cresud Inc

CRESY US

Angel Oak Mortgage REIT, Inc.

AOMN US

AH Realty Trust, Inc.

AHRT US

Tejon Ranch Co

TRC US