See more : Enbridge Inc. (EBPPF) 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.
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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 |
Is the Options Market Predicting a Spike in Cousins Properties (CUZ) Stock?
Investors need to pay close attention to Cousins Properties (CUZ) stock based on the movements in the options market lately.
Should You Retain Cousins Properties (CUZ) Stock for Now?
Sun Belt focus, capital-recycling efforts and robust balance sheet are likely to support Cousins Properties (CUZ). However, intense competition and high interest rates remain concerns.
Cousins Properties Announces Dates for First Quarter 2024 Earnings Release and Conference Call
ATLANTA , March 28, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its first quarter 2024 earnings after the market closes on Thursday, April 25, 2024 . Cousins will hold its first quarter 2024 earnings conference...
Cousins Properties Announces Its First Quarter 2024 Common Stock Dividend
ATLANTA , March 18, 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 first quarter of 2024. The first quarter dividend will be...
Losers Of REIT Earnings Season
After covering the Winners of REIT Earnings Season last week, Part 2 of our Earnings Recap focuses on the worst-performing property sectors and common threads shared by these laggards. While there were no major "bombshells" this earnings season, there were...
Office REITs: Blood In The Streets Is Not Deep Enough
Office vacancy rates are at a 30-year high. Share prices of the largest traditional office REITs are down 40-60% from pre-COVID levels. More bad news is coming; declines may reach 80% "blood in the street" levels.
Cousins Properties Incorporated (CUZ) Q4 2023 Earnings Call Transcript
Cousins Properties Incorporated (CUZ) Q4 2023 Earnings Call Transcript
Cousins Properties (CUZ) Q4 FFO Meets Mark, '24 View Issued
Cousins Properties' (CUZ) Q4 FFO per share meets expectations. The top line improves year over year.
Cousins Properties (CUZ) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Cousins Properties (CUZ) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cousins Properties (CUZ) Q4 FFO Meet Estimates
Cousins Properties (CUZ) came out with quarterly funds from operations (FFO) of $0.65 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.66 per share a year ago.
Source: https://incomestatements.info
Category: Stock Reports