See more : ArcelorMittal S.A. (MTS.MC) Income Statement Analysis – Financial Results
Complete financial analysis of Cousins Properties Incorporated (CUZ) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cousins Properties Incorporated, a leading company in the REIT – Office industry within the Real Estate sector.
You may be interested
- Geospace Technologies Corporation (GEOS) Income Statement Analysis – Financial Results
- Lionheart Acquisition Corporation II (LCAPW) Income Statement Analysis – Financial Results
- LatAmGrowth SPAC (LATGU) Income Statement Analysis – Financial Results
- Wildsky Resources Inc. (HWTHF) Income Statement Analysis – Financial Results
- TIRUPATI FOAM LIMITED (TIRUFOAM.BO) Income Statement Analysis – Financial Results
Cousins Properties Incorporated (CUZ)
About Cousins Properties Incorporated
Cousins Properties is a fully integrated, self-administered and self-managed real estate investment trust (REIT). The Company, based in Atlanta, GA and acting through its operating partnership, Cousins Properties LP, primarily invests in Class A office towers located in high-growth Sun Belt markets. Founded in 1958, Cousins creates shareholder value through its extensive expertise in the development, acquisition, leasing and management of high-quality real estate assets. The Company has a comprehensive strategy in place based on a simple platform, trophy assets and opportunistic investments.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 802.87M | 762.29M | 755.07M | 740.34M | 657.52M | 475.21M | 466.19M | 259.21M | 381.64M | 361.38M | 210.74M | 148.28M | 178.46M | 228.51M | 224.88M | 214.65M | 165.38M | 169.86M | 155.74M | 136.81M | 189.60M | 199.80M | 177.70M | 144.63M | 97.82M | 98.31M | 86.00M | 58.53M | 41.04M | 31.11M | 24.60M | 28.10M | 21.10M | 24.10M | 23.50M | 19.70M | 19.00M | 55.90M | 40.80M |
| Cost of Revenue | 266.43M | 258.37M | 259.46M | 250.85M | 222.15M | 164.68M | 163.88M | 96.91M | 156.16M | 155.93M | 90.50M | 56.35M | 77.88M | 96.69M | 66.57M | 67.71M | 7.69M | 32.15M | 25.81M | 12.01M | 10.02M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 536.44M | 503.92M | 495.61M | 489.49M | 435.37M | 310.53M | 302.30M | 162.30M | 225.49M | 205.45M | 120.24M | 91.93M | 100.58M | 131.82M | 158.32M | 146.94M | 157.70M | 137.71M | 129.93M | 124.80M | 179.58M | 199.80M | 177.70M | 144.63M | 97.82M | 98.31M | 86.00M | 58.53M | 41.04M | 31.11M | 24.60M | 28.10M | 21.10M | 24.10M | 23.50M | 19.70M | 19.00M | 55.90M | 40.80M |
| Gross Profit Ratio | 66.81% | 66.11% | 65.64% | 66.12% | 66.21% | 65.35% | 64.85% | 62.61% | 59.08% | 56.85% | 57.06% | 62.00% | 56.36% | 57.69% | 70.40% | 68.45% | 95.35% | 81.07% | 83.43% | 91.22% | 94.71% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.22 | 0.28 | 0.11 | -0.04 | 0.05 | 0.01 | -0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 32.33M | 28.32M | 29.32M | 27.03M | 37.01M | 22.04M | 27.52M | 25.59M | 17.10M | 19.78M | 21.94M | 23.21M | 26.20M | 57.67M | 33.95M | 42.17M | 57.81M | 58.59M | 40.70M | 33.70M | 29.61M | 27.67M | 27.01M | 18.45M | 14.96M | 13.09M | 12.72M | 9.08M | 7.65M | 7.54M | 7.30M | 0.00 | 0.00 | 4.50M | 5.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.37M | -5.17M | 49.42M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 32.33M | 28.32M | 29.32M | 27.03M | 37.01M | 22.04M | 27.52M | 25.59M | 17.10M | 19.78M | 21.94M | 23.21M | 30.57M | 52.50M | 83.36M | 42.17M | 57.81M | 58.59M | 40.70M | 33.70M | 29.61M | 27.67M | 27.01M | 18.45M | 14.96M | 13.09M | 12.72M | 9.08M | 7.65M | 7.54M | 7.30M | 0.00 | 0.00 | 4.50M | 5.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 504.11M | 295.59M | 288.09M | 288.65M | 257.15M | -4.34M | -5.32M | -9.15M | -4.43M | -7.20M | -8.91M | -11.17M | 50.17M | 59.11M | 59.24M | 58.97M | 98.64M | 121.69M | 103.65M | 86.42M | 110.66M | 116.13M | 99.21M | 82.48M | 54.14M | 50.88M | 44.84M | 33.60M | 21.59M | 15.36M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 536.44M | 323.91M | 317.41M | 315.68M | 294.16M | 203.42M | 224.27M | 123.54M | 152.52M | 159.80M | 98.22M | 66.77M | 80.75M | 116.78M | 152.34M | 95.10M | 156.45M | 180.28M | 144.36M | 120.12M | 140.26M | 143.80M | 126.22M | 100.93M | 69.10M | 63.97M | 57.56M | 42.68M | 29.24M | 22.90M | -8.00M | -11.20M | -10.60M | -2.80M | -2.90M | -8.60M | -6.70M | -12.40M | -23.30M |
| Cost & Expenses | 615.89M | 582.28M | 576.87M | 566.53M | 516.30M | 368.10M | 388.15M | 220.45M | 308.67M | 315.74M | 188.72M | 123.12M | 158.63M | 213.47M | 218.90M | 95.10M | 156.45M | 180.28M | 144.36M | 120.12M | 140.26M | 143.80M | 126.22M | 100.93M | 69.10M | 63.97M | 57.56M | 42.68M | 29.24M | 22.90M | -8.00M | -11.20M | -10.60M | -2.80M | -2.90M | -8.60M | -6.70M | -12.40M | -23.30M |
| Interest Income | 0.00 | 72.54M | 67.03M | 60.61M | 53.96M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.03M | 4.16M | 6.43M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 105.46M | 72.54M | 67.03M | 60.61M | 53.96M | 39.43M | 33.52M | 26.65M | 30.72M | 29.11M | 21.71M | 23.93M | 27.78M | 37.18M | 41.39M | 33.15M | 8.82M | 11.12M | 9.09M | 14.62M | 22.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 314.90M | 586.44M | 581.48M | 570.20M | 521.41M | 372.44M | 393.47M | 258.25M | 135.46M | 141.02M | 76.28M | 52.44M | 54.06M | 59.11M | 55.83M | 52.93M | 40.64M | 43.69M | 39.72M | 37.23M | 52.90M | 54.84M | 45.58M | 31.52M | 16.66M | 15.17M | 14.05M | 7.22M | 4.34M | 3.66M | 3.20M | 2.30M | 2.20M | 1.90M | 1.00M | 19.70M | 19.00M | 55.90M | 40.80M |
| EBITDA | 501.37M | 479.14M | 468.49M | 466.73M | 409.83M | 296.69M | 318.37M | 127.56M | 163.83M | 178.47M | 82.20M | 66.43M | -36.44M | 38.86M | 71.54M | 49.77M | 41.20M | 33.27M | 51.10M | 53.92M | 61.35M | 252.23M | 53.12M | 48.68M | 45.58M | 49.52M | 166.30M | 129.40M | 16.32M | 11.95M | 35.80M | 41.60M | 33.90M | 28.80M | 27.40M | 28.30M | 25.70M | 68.30M | 64.10M |
| EBITDA Ratio | 62.45% | 62.86% | 62.04% | 63.04% | 59.81% | 59.80% | 57.80% | 49.21% | 53.45% | 49.66% | 42.42% | 44.80% | 41.41% | 32.45% | 31.81% | 80.35% | 29.98% | 19.59% | 32.81% | 39.41% | 40.94% | 42.13% | 41.73% | 39.43% | 26.52% | 31.63% | 31.43% | 10.02% | 5.37% | -2.04% | 145.53% | 148.04% | 160.66% | 119.50% | 116.60% | 143.65% | 135.26% | 122.18% | 157.11% |
| Operating Income | 190.90M | 183.56M | 180.39M | 178.08M | 136.10M | 67.68M | 78.04M | 38.76M | 72.97M | 45.65M | 22.03M | 25.16M | 19.84M | 20.21M | 15.71M | 29.51M | -156.45M | -180.28M | -144.36M | -120.12M | -140.26M | -143.80M | -126.22M | -100.93M | -69.10M | -63.97M | -57.56M | -42.68M | -29.24M | -22.90M | 8.00M | 11.20M | 10.60M | 2.80M | 2.90M | 8.60M | 6.70M | 12.40M | 23.30M |
| Operating Income Ratio | 23.78% | 24.08% | 23.89% | 24.05% | 20.70% | 14.24% | 16.74% | 14.95% | 19.12% | 12.63% | 10.45% | 16.97% | 11.12% | 8.84% | 6.99% | 13.75% | -94.60% | -106.13% | -92.69% | -87.80% | -73.98% | -71.97% | -71.03% | -69.78% | -70.64% | -65.07% | -66.93% | -72.92% | -71.24% | -73.63% | 32.52% | 39.86% | 50.24% | 11.62% | 12.34% | 43.65% | 35.26% | 22.18% | 57.11% |
| Total Other Income/Expenses | -107.09M | -12.57M | 96.47M | 60.03M | -111.96M | 0.00 | -38.25M | -65.50M | 61.05M | -5.75M | -26.55M | -28.54M | -140.06M | -10.57M | -20.74M | -14.73M | -2.70M | -8.11M | 4.87M | -14.62M | 100.99M | -167.21M | 42.78M | 31.42M | 19.04M | 6.87M | -116.50M | -82.90M | 13.43M | 12.17M | -23.40M | -23.20M | -22.40M | -11.40M | 12.30M | -18.10M | 4.40M | -26.20M | -49.50M |
| Income Before Tax | 83.82M | 167.45M | 279.00M | 238.11M | 29.26M | 63.10M | 39.79M | -26.74M | 37.52M | 8.03M | -16.60M | -12.51M | -116.73M | -34.52M | -66.20M | -5.74M | 116.00K | -21.54M | 2.29M | 2.07M | 43.26M | 45.24M | 46.76M | 49.56M | 47.76M | 41.21M | 29.78M | 26.51M | 25.23M | 20.37M | 9.20M | 16.10M | 9.30M | 15.50M | 15.20M | 10.20M | 11.10M | 42.10M | 14.60M |
| Income Before Tax Ratio | 10.44% | 21.97% | 36.95% | 32.16% | 4.45% | 13.28% | 8.53% | -10.31% | 9.83% | 2.22% | -7.87% | -8.43% | -65.41% | -15.11% | -29.44% | -2.67% | 0.07% | -12.68% | 1.47% | 1.51% | 22.82% | 22.64% | 26.32% | 34.26% | 48.82% | 41.91% | 34.63% | 45.29% | 61.48% | 65.50% | 37.40% | 57.30% | 44.08% | 64.32% | 64.68% | 51.78% | 58.42% | 75.31% | 35.78% |
| Income Tax Expense | 0.00 | -112.20M | 69.63M | 65.72M | -72.31M | -16.06M | -176.49M | -105.84M | -88.00M | -20.00K | -23.00K | 91.00K | -186.00K | -1.08M | 4.34M | -8.77M | -4.42M | -4.19M | -7.76M | -2.74M | -2.60M | -1.53M | -555.00K | -1.11M | -2.44M | -148.00K | -1.53M | -1.70M | -747.00K | -166.00K | -800.00K | 400.00K | 200.00K | -2.30M | -15.20M | 500.00K | -11.10M | 12.50M | 5.20M |
| Net Income | 82.96M | 279.65M | 209.37M | 172.40M | 101.57M | 79.16M | 216.28M | 79.11M | 125.52M | 52.00M | 121.76M | 45.73M | -128.43M | -14.57M | 27.30M | 22.55M | 32.92M | 232.69M | 49.74M | 407.78M | 242.16M | 47.87M | 70.82M | 62.04M | 104.08M | 45.30M | 37.28M | 41.02M | 26.34M | 26.90M | 11.90M | 15.70M | 9.10M | 17.80M | 15.20M | 9.70M | 11.10M | 29.60M | 9.40M |
| Net Income Ratio | 10.33% | 36.69% | 27.73% | 23.29% | 15.45% | 16.66% | 46.39% | 30.52% | 32.89% | 14.39% | 57.78% | 30.84% | -71.96% | -6.38% | 12.14% | 10.50% | 19.91% | 136.99% | 31.94% | 298.07% | 127.72% | 23.96% | 39.85% | 42.90% | 106.40% | 46.08% | 43.35% | 70.07% | 64.19% | 86.46% | 48.37% | 55.87% | 43.13% | 73.86% | 64.68% | 49.24% | 58.42% | 52.95% | 23.04% |
| EPS | 0.55 | 1.86 | 1.41 | 1.16 | 0.79 | 0.75 | 2.08 | 1.24 | 2.32 | 0.88 | 3.04 | 1.28 | -4.96 | -0.57 | 0.88 | 0.60 | 1.36 | 17.16 | 2.76 | 32.64 | 19.76 | 3.88 | 5.76 | 5.12 | 8.64 | 3.81 | 3.40 | 3.84 | 2.51 | 2.59 | 1.64 | 2.28 | 1.40 | 2.76 | 2.32 | 1.48 | 1.72 | 6.92 | 2.20 |
| EPS Diluted | 0.55 | 1.86 | 1.41 | 1.16 | 0.78 | 0.74 | 2.08 | 1.24 | 2.32 | 0.88 | 3.04 | 1.28 | -4.96 | -0.57 | 0.88 | 0.60 | 1.32 | 16.56 | 2.68 | 31.36 | 19.32 | 3.84 | 5.64 | 5.00 | 8.48 | 3.76 | 3.36 | 3.80 | 2.51 | 2.59 | 1.64 | 2.28 | 1.40 | 2.76 | 2.32 | 1.48 | 1.72 | 6.92 | 2.20 |
| Weighted Avg Shares Out | 151.71M | 150.11M | 148.67M | 148.28M | 128.06M | 105.08M | 103.90M | 63.47M | 53.96M | 51.05M | 36.06M | 26.03M | 25.91M | 25.36M | 16.37M | 12.80M | 12.93M | 12.66M | 12.50M | 12.25M | 12.21M | 12.34M | 12.29M | 12.12M | 12.03M | 11.85M | 10.97M | 10.68M | 10.51M | 10.40M | 7.26M | 6.89M | 6.50M | 6.45M | 6.55M | 6.55M | 6.45M | 4.28M | 4.27M |
| Weighted Avg Shares Out (Dil) | 152.04M | 150.42M | 148.89M | 148.64M | 129.83M | 106.87M | 105.82M | 64.01M | 53.99M | 51.12M | 36.11M | 26.03M | 25.91M | 25.36M | 16.37M | 12.91M | 13.23M | 13.13M | 12.94M | 12.75M | 12.36M | 12.47M | 12.56M | 12.41M | 12.26M | 12.02M | 11.10M | 10.79M | 10.51M | 10.56M | 7.26M | 6.89M | 6.50M | 6.45M | 6.55M | 6.55M | 6.45M | 4.28M | 4.27M |
Important Trends For REIT Investors
REIT investors must pay close attention to real estate trends. The office sector remains a mess and likely will for a long time to come. Multifamily is suffering temporarily, but 2025 could be a lot better.
Cousins Properties Stock Up 27.8% in 3 Months: Will It Rise Further?
CUZ's strengths arise out of its Class A office asset portfolio in the high-growth Sun Belt markets, strategic portfolio rebalancing and strong balance sheet.
Cousins Properties Announces Dates for Third Quarter 2024 Earnings Release and Conference Call
ATLANTA , Oct. 2, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its third quarter 2024 earnings after the market closes on Thursday, October 24, 2024 . Cousins will hold its third quarter 2024 earnings conference...
Here's Why You Should Retain Cousins Properties Stock Now
CUZ's Class A office assets in high-growth Sunbelt markets and rising demand for premium office space are upsides. Competition and concentration risk ail.
Don't Mess With (3 REITs In) Texas
I analyzed three REITs: BSR Real Estate Investment Trust, Whitestone REIT, and Cousins Properties, focusing on their presence in the high-growth Texas Triangle markets. BSR's strong performance in the Texas Triangle markets, despite new supply, makes it a compelling investment...
The Zacks Analyst Blog Essex, Brixmor , Lamar Advertising and Cousins
Essex, Brixmor , Lamar Advertising and Cousins are included in this Analyst Blog.
4 REITs to Pick as Fed Lowers Rate and Signals Additional Cuts Ahead
The Fed's latest decision to cut the federal funds rate and indication of further rate cuts this year and ahead should give REIT investors enough reason to rejoice.
Two Dividend-Yielding REITs With Solid Upside Potential
REITs are attractive for income investors due to their high dividend payouts, and office REITs, in particular, offer solid long-term upside as office activity could see an increase in 2025/2026. Kilroy Realty Corp. has underperformed its peers but offers a...
Buried Treasures: 11 Dramatically Undervalued REITs
REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and at least 20% undervalued, narrowing down to 11 based...
Cousins Properties Announces Its Third Quarter 2024 Common Stock Dividend
ATLANTA , Sept. 17, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) announced today that its Board of Directors has declared a cash dividend of $0.32 per common share for the third quarter of 2024.
Source: https://incomestatements.info
Category: Stock Reports