See more : WE & WIN Development Co., LTD (2537.TW) Income Statement Analysis – Financial Results
Complete financial analysis of Hudson Pacific Properties, Inc. (HPP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hudson Pacific Properties, Inc., a leading company in the REIT – Office industry within the Real Estate sector.
You may be interested
- Founders Metals Inc. (FDMIF) Income Statement Analysis – Financial Results
- Airbus SE (AIR.DE) Income Statement Analysis – Financial Results
- KKR & Co. Inc. (0Z1W.L) Income Statement Analysis – Financial Results
- Middlebury National Corporation (MDVT) Income Statement Analysis – Financial Results
- Indianapolis Power & Light Company PFD 4.60% (IPWLG) Income Statement Analysis – Financial Results
Hudson Pacific Properties, Inc. (HPP)
About Hudson Pacific Properties, Inc.
Hudson Pacific is a real estate investment trust with a portfolio of office and studio properties totaling nearly 19 million square feet, including land for development. Focused on premier West Coast epicenters of innovation, media and technology, its anchor tenants include Fortune 500 and leading growth companies such as Netflix, Google, Square, Uber, NFL Enterprises and more. Hudson Pacific is publicly traded on the NYSE under the symbol HPP, and listed as a component of the S&P MidCap 400 Index.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 952.30M | 1.03B | 896.84M | 804.97M | 818.18M | 728.42M | 728.14M | 639.64M | 520.85M | 253.42M | 205.56M | 166.16M | 142.19M | 60.64M | 39.34M | 35.59M | 6.96M |
| Cost of Revenue | 454.59M | 413.82M | 335.85M | 299.78M | 301.52M | 267.71M | 253.51M | 228.75M | 189.86M | 104.27M | 87.58M | 77.92M | 67.19M | 30.03M | 19.09M | 17.34M | 4.05M |
| Gross Profit | 497.71M | 612.41M | 560.99M | 505.19M | 516.66M | 460.71M | 474.63M | 410.89M | 330.99M | 149.15M | 117.98M | 88.24M | 75.00M | 30.61M | 20.25M | 18.25M | 2.92M |
| Gross Profit Ratio | 52.26% | 59.68% | 62.55% | 62.76% | 63.15% | 63.25% | 65.18% | 64.24% | 63.55% | 58.85% | 57.39% | 53.11% | 52.75% | 50.48% | 51.48% | 51.28% | 41.88% |
| Research & Development | 0.00 | -0.02 | 0.03 | 0.02 | 0.07 | 0.15 | 0.13 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 74.96M | 79.50M | 71.35M | 77.88M | 71.95M | 61.03M | 54.46M | 52.40M | 38.53M | 28.25M | 19.95M | 16.50M | 13.04M | 4.49M | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 74.96M | 79.50M | 71.35M | 77.88M | 71.95M | 61.03M | 54.46M | 52.40M | 38.53M | 28.25M | 19.95M | 16.50M | 13.04M | 4.49M | 2.22M | 2.10M | 618.00K |
| Other Expenses | 422.75M | 373.22M | 343.61M | 299.68M | 282.09M | 822.00K | 2.99M | 1.56M | -62.00K | 14.00K | 99.00K | 92.00K | 44.66M | 15.91M | 12.20M | 8.70M | 1.36M |
| Operating Expenses | 497.71M | 452.72M | 414.96M | 377.56M | 354.04M | 312.03M | 338.03M | 321.49M | 283.61M | 100.47M | 90.02M | 73.52M | 57.70M | 20.41M | 12.20M | 8.70M | 1.36M |
| Cost & Expenses | 923.64M | 866.54M | 750.81M | 677.34M | 655.56M | 579.74M | 591.54M | 550.23M | 473.46M | 204.74M | 177.60M | 151.44M | 124.88M | 50.43M | 31.29M | 26.04M | 5.41M |
| Interest Income | 2.18M | 2.34M | 3.79M | 4.09M | 4.04M | 1.72M | 97.00K | 260.00K | 124.00K | 30.00K | 272.00K | 306.00K | 73.00K | 59.00K | 17.00K | 45.00K | 43.00K |
| Interest Expense | 214.42M | 149.90M | 121.94M | 116.48M | 105.85M | 83.17M | 90.04M | 76.04M | 50.67M | 25.93M | 25.47M | 19.07M | 17.48M | 8.83M | 8.35M | 10.24M | 3.86M |
| Depreciation & Amortization | 397.85M | 865.25M | 731.87M | 677.45M | 653.10M | 576.39M | 589.10M | 549.51M | 245.07M | 72.22M | 70.06M | 57.02M | 44.93M | 15.91M | 10.65M | 6.60M | 741.00K |
| EBITDA | 423.75M | 553.11M | 494.57M | 423.05M | 437.52M | 439.99M | 462.14M | 384.43M | 292.46M | 120.89M | 98.02M | 71.74M | 64.37M | 26.12M | 18.76M | 16.20M | 2.30M |
| EBITDA Ratio | 44.50% | 53.90% | 55.30% | 54.10% | 54.94% | 55.22% | 58.13% | 56.33% | 56.16% | 47.72% | 47.87% | 43.42% | 45.27% | 43.17% | 46.74% | 47.79% | 33.00% |
| Operating Income | 3.36M | 179.89M | 152.31M | 135.81M | 167.46M | 148.68M | 136.60M | 89.41M | 47.39M | 48.68M | 27.96M | 14.72M | 17.31M | 10.21M | 8.05M | 9.55M | 1.56M |
| Operating Income Ratio | 0.35% | 17.53% | 16.98% | 16.87% | 20.47% | 20.41% | 18.76% | 13.98% | 9.10% | 19.21% | 13.60% | 8.86% | 12.17% | 16.83% | 20.47% | 26.84% | 22.36% |
| Total Other Income/Expenses | -167.26M | -17.23M | -123.30M | -119.38M | -106.78M | -36.90M | -42.04M | -45.65M | -63.47M | -24.99M | -26.55M | -18.22M | -22.90M | -12.89M | 298.00K | -856.00K | -1.56M |
| Income Before Tax | -163.90M | -16.52M | 29.01M | 16.43M | 55.85M | 111.78M | 94.56M | 43.76M | -16.08M | 23.69M | 1.42M | -5.01M | -10.43M | -2.68M | 8.37M | 8.70M | 0.00 |
| Income Before Tax Ratio | -17.21% | -1.61% | 3.23% | 2.04% | 6.83% | 15.35% | 12.99% | 6.84% | -3.09% | 9.35% | 0.69% | -3.01% | -7.34% | -4.42% | 21.27% | 24.44% | 0.00% |
| Income Tax Expense | 6.80M | 149.90M | 143.39M | 134.97M | 118.45M | 40.31M | 118.36M | 86.89M | 54.46M | 26.26M | 29.26M | 19.14M | 27.74M | 8.95M | 8.02M | 11.26M | 3.82M |
| Net Income | -173.89M | -166.42M | -114.38M | -118.54M | -62.61M | 99.37M | 69.23M | 34.47M | -19.94M | 23.37M | -2.27M | -4.99M | -10.43M | -2.80M | 31.00K | -1.71M | -2.26M |
| Net Income Ratio | -18.26% | -16.22% | -12.75% | -14.73% | -7.65% | 13.64% | 9.51% | 5.39% | -3.83% | 9.22% | -1.11% | -3.00% | -7.34% | -4.62% | 0.08% | -4.80% | -32.46% |
| EPS | -1.36 | -1.16 | -0.75 | -0.77 | -0.41 | 0.64 | 0.44 | 0.26 | -0.23 | 0.15 | -0.04 | -0.12 | -0.35 | -0.12 | -0.03 | -0.08 | -0.11 |
| EPS Diluted | -1.36 | -1.16 | -0.75 | -0.77 | -0.40 | 0.64 | 0.44 | 0.25 | -0.23 | 0.15 | -0.04 | -0.12 | -0.35 | -0.12 | -0.03 | -0.08 | -0.11 |
| Weighted Avg Shares Out | 140.95M | 143.73M | 151.62M | 153.13M | 154.40M | 155.45M | 153.49M | 106.19M | 85.93M | 65.79M | 54.12M | 41.64M | 29.39M | 22.44M | 20.30M | 20.30M | 20.30M |
| Weighted Avg Shares Out (Dil) | 140.95M | 143.73M | 151.94M | 153.17M | 156.60M | 155.70M | 153.88M | 110.37M | 85.93M | 66.51M | 55.18M | 41.64M | 29.39M | 22.44M | 20.30M | 20.30M | 20.30M |
Hudson Pacific Properties: Safe 8.4% Yield, The Bearish Thesis Is Tired
Hudson recently cut the quarterly dividend to common shareholders by 50%, creating a current yield of 8.4%. The new dividend is 192% covered by fiscal 2023 second quarter funds from operations. An end to the tech job recession and renewed...
7 REITs to Sell in August Before They Crash and Burn
With hopes for lower interest rates and normalizing economic conditions, real estate investment trusts (REITs) have been moving higher. However, as macro uncertainties mount, there are now plenty of REITs to avoid in August.
Hudson Pacific Properties, Inc. (HPP) Q2 2023 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q2 2023 Earnings Conference Call August 2, 2023 12:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - CEO and Chairman Mark Lammas - President Harout Diramerian - CFO...
5 Best Office REITs to Buy Now
Real estate investing isn't only for millionaires — retail investors can get a shot at investing in major commercial real estate endeavors by investing in REITs. Specialty REITs help investors refine their investment preferences by capitalizing on tenant returns tied...
Hudson Pacific (HPP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Hudson Pacific (HPP) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street...
Hudson Pacific Properties (HPP) Beats Q2 FFO and Revenue Estimates
Hudson Pacific Properties (HPP) came out with quarterly funds from operations (FFO) of $0.24 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to FFO of $0.51 per share a year ago.
Hudson Pacific Properties Reports Second Quarter 2023 Financial Results
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today...
Stick The Soft Landing
U.S. equity markets advanced to their highest levels of the year on an "inflation week" rally after the closely-watched CPI and PPI reports showed a continued sharp cooldown in price pressures. Closing at the highest levels since April 2022, the...
Strength Seen in Hudson Pacific (HPP): Can Its 14.1% Jump Turn into More Strength?
Hudson Pacific (HPP) was a big mover last session on higher-than-average trading volume. The latest trend in funds from operations estimate revisions might not help the stock continue moving higher in the near term.
Hudson Pacific Properties Announces Dates for Second Quarter Earnings Release and Conference Call
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced it will release second quarter...
Source: https://incomestatements.info
Category: Stock Reports