See more : Vior Inc. (VIORF) 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
- Polski Holding Nieruchomosci S.A. (PHN.WA) Income Statement Analysis – Financial Results
- archTIS Limited (ARHLF) Income Statement Analysis – Financial Results
- Standard Motor Products, Inc. (SMP) Income Statement Analysis – Financial Results
- NOROO PAINT & COATINGS Co., Ltd. (090355.KS) Income Statement Analysis – Financial Results
- Aedifica SA (AED.BR) 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 Reaffirms Leadership in Sustainability with Industry-Wide Recognitions
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced that it has been recognized again as a leader in sustainability by key industry organizations and ranking systems...
Hudson Pacific Raises $189 Million from Silicon Valley Land and Studio Debt Sales
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches...
Bond market reflects jitters about wall of maturing office REIT debt
U.S. bonds have been reflecting growing unease about a wall of debt coming due for select owners of office buildings.
Hudson Pacific Appoints Robert Harris to Board of Directors
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, today announced that Robert “Chip” Harris II has been appointed to the company's Board of Directors effective November 8,...
Hudson Pacific Completes $455 Million Bentall Centre Loan Refinancing
LOS ANGELES--(BUSINESS WIRE)--Hudson Pacific Properties, Inc. (NYSE: HPP), a unique provider of end-to-end real estate solutions for tech and media tenants, announced today the successful refinancing of the loan secured by Bentall Centre, a 1.5 million-square-foot office property located in...
Hudson Pacific Properties, Inc. (HPP) Q3 2023 Earnings Call Transcript
Hudson Pacific Properties, Inc. (NYSE:HPP ) Q3 2023 Earnings Conference Call November 2, 2023 12:00 PM ET Company Participants Laura Campbell - EVP, IR & Marketing Victor Coleman - CEO and Chairman Mark Lammas - President Harout Diramerian - CFO...
Hudson Pacific (HPP) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Hudson Pacific (HPP) give a sense of how the business performed in the quarter ended September 2023, it could be worth looking at how some of its key metrics compare to Wall Street...
Hudson Pacific Properties Reports Third 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, today announced financial results for the third quarter 2023. "Our leasing activity...
Hudson Pacific Properties: I'm Out Of The Preferreds On Strike Worst-Case Scenario
Hudson Pacific Properties: I'm Out Of The Preferreds On Strike Worst-Case Scenario
Hudson Pacific Properties: Don't Get Lured In
Hudson Pacific Properties, Inc.'s valuation and dividend metrics are alluring. However, a deeper analysis identified a few red flags. The office segment, which generates approximately 84.5% of the company's revenues, faces challenges due to weak office occupancy and the rise...
Source: https://incomestatements.info
Category: Stock Reports