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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 |
Cousins Properties Releases Fourth Quarter and Full Year 2023 Results
ATLANTA , Feb. 7, 2024 /PRNewswire/ -- Cousins Properties (NYSE: CUZ) has released its fourth quarter and full year 2023 results. Please visit the Investor Relations section of Cousins' website at www.cousins.com to access the Earnings Release and Supplemental Information.
Why You Should Retain Cousins Properties (CUZ) Stock Now
Cousins Properties' (CUZ) Sun Belt focus, capital-recycling efforts and robust balance sheet bode well, despite intense competition, a choppy office market and a high interest rate environment.
One REIT To Buy For The Office Property Recovery And One I Would Avoid
One REIT To Buy For The Office Property Recovery And One I Would Avoid
Cousins Properties Announces 2023 Tax Reporting Information
ATLANTA , Jan. 16, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today the year-end tax reporting information for its 2023 distributions. For the tax year ended December 31, 2023, distributions for Cousins' common stock are classified as follows: Record Date Paid...
Cousins Properties Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call
ATLANTA , Jan. 9, 2024 /PRNewswire/ -- Cousins Properties (NYSE:CUZ) announced today that it will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 7, 2024 . Cousins will hold its fourth quarter 2023 earnings conference call...
Sell Alert: The Slaughter Of Office REITs Is Just Beginning
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Cousins Properties Announces Its Fourth Quarter 2023 Common Stock Dividend
ATLANTA , Dec. 19, 2023 /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 fourth quarter of 2023. The fourth quarter dividend will be payable...
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Source: https://incomestatements.info
Category: Stock Reports