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Complete financial analysis of Whitestone REIT (WSR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Whitestone REIT, a leading company in the REIT – Retail industry within the Real Estate sector.
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Whitestone REIT (WSR)
About Whitestone REIT
Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 147.92M | 140.58M | 125.37M | 117.92M | 119.25M | 119.86M | 125.96M | 104.44M | 93.42M | 72.38M | 62.15M | 46.55M | 34.92M | 31.53M | 32.69M | 31.20M | 30.98M | 29.84M | 25.22M | 23.48M | 20.97M | 20.76M | 125.37M |
| Cost of Revenue | 45.96M | 43.30M | 39.32M | 38.58M | 36.90M | 37.43M | 42.11M | 34.09M | 31.34M | 25.15M | 23.51M | 17.64M | 13.33M | 12.28M | 12.99M | 13.19M | 9.17M | 10.93M | 8.25M | 6.25M | 5.36M | 5.72M | 39.32M |
| Gross Profit | 101.96M | 97.28M | 86.04M | 79.34M | 82.35M | 82.43M | 83.85M | 70.35M | 62.08M | 47.23M | 38.64M | 28.92M | 21.59M | 19.25M | 19.69M | 18.01M | 21.82M | 18.91M | 16.97M | 17.23M | 15.61M | 15.03M | 86.04M |
| Gross Profit Ratio | 68.93% | 69.20% | 68.63% | 67.28% | 69.05% | 68.77% | 66.57% | 67.36% | 66.46% | 65.25% | 62.17% | 62.11% | 61.83% | 61.05% | 60.25% | 57.72% | 70.42% | 63.38% | 67.28% | 73.38% | 74.43% | 72.42% | 68.63% |
| Research & Development | 0.00 | 0.26 | 0.09 | 0.05 | 0.20 | 0.19 | 0.07 | 0.05 | 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 | 20.65M | 18.07M | 22.63M | 21.30M | 21.66M | 23.28M | 23.95M | 23.92M | 20.31M | 15.27M | 10.91M | 7.62M | 6.65M | 4.99M | 6.07M | 6.71M | 6.72M | 4.52M | 2.63M | 2.94M | 2.81M | 2.44M | 22.63M |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 20.65M | 18.07M | 22.63M | 21.30M | 21.66M | 23.28M | 23.95M | 23.92M | 20.31M | 15.27M | 10.91M | 7.62M | 6.65M | 4.99M | 6.07M | 6.71M | 6.72M | 4.52M | 2.63M | 2.94M | 2.81M | 2.44M | 22.63M |
| Other Expenses | 0.00 | 32.86M | 28.95M | 28.30M | 26.74M | 25.68M | 27.24M | 22.46M | 19.76M | 15.73M | 13.43M | -2.18M | 8.37M | 7.23M | 5.42M | 6.86M | 10.13M | 6.86M | 6.23M | 5.22M | 4.97M | 4.12M | 68.27M |
| Operating Expenses | 101.96M | 50.93M | 51.58M | 49.61M | 48.40M | 48.96M | 51.19M | 46.38M | 40.07M | 31.00M | 24.34M | 17.85M | 15.01M | 12.22M | 11.49M | 13.57M | 16.85M | 11.38M | 8.86M | 8.15M | 7.78M | 6.56M | 90.90M |
| Cost & Expenses | 93.71M | 94.22M | 90.90M | 88.18M | 85.31M | 86.39M | 93.30M | 80.47M | 71.41M | 56.15M | 47.85M | 35.48M | 28.34M | 24.50M | 24.48M | 26.76M | 26.02M | 22.31M | 17.11M | 14.41M | 13.14M | 12.28M | 130.22M |
| Interest Income | 51.00K | 65.00K | 116.00K | 278.00K | 659.00K | 1.06M | 410.00K | 429.00K | 313.00K | 90.00K | 136.00K | 290.00K | 460.00K | 28.00K | 36.00K | 182.00K | 577.00K | 386.00K | 511.92K | 444.69K | 367.79K | 331.54K | -116.00K |
| Interest Expense | 32.87M | 27.19M | 24.56M | 25.77M | 26.29M | 25.18M | 23.65M | 19.24M | 14.91M | 10.58M | 10.15M | 8.73M | 5.73M | 5.62M | 5.75M | 5.86M | 5.40M | 5.30M | 3.77M | 2.66M | 1.32M | 1.57M | 24.56M |
| Depreciation & Amortization | 33.06M | 92.98M | 85.38M | 90.26M | 85.75M | 85.75M | 94.87M | 82.86M | 19.76M | 15.73M | 13.43M | 10.23M | 7.75M | 7.23M | 6.96M | 6.86M | 6.34M | 6.48M | 6.10M | 5.22M | 4.76M | 4.04M | 28.95M |
| EBITDA | 87.18M | 78.36M | 64.14M | 59.23M | 76.42M | 61.24M | 58.33M | 46.41M | 41.77M | 31.96M | 27.07M | 19.41M | 15.65M | 13.69M | 13.62M | 5.80M | 5.88M | 8.74M | 14.21M | 14.30M | 12.59M | 12.51M | 65.38M |
| EBITDA Ratio | 58.94% | 55.74% | 51.16% | 50.23% | 64.08% | 57.26% | 47.88% | 44.86% | 45.05% | 44.27% | 44.83% | 41.70% | 44.11% | 45.81% | 46.50% | 36.80% | 38.31% | 46.18% | 56.34% | 60.90% | 60.03% | 60.29% | 52.15% |
| Operating Income | 48.34M | 46.66M | 35.19M | 30.93M | 49.68M | 33.47M | 32.66M | 23.97M | 22.01M | 16.23M | 14.29M | 11.07M | 1.31M | 1.44M | 2.49M | 4.44M | 4.97M | 7.53M | 8.11M | 9.08M | 7.83M | 8.47M | 10.42M |
| Operating Income Ratio | 32.68% | 33.19% | 28.07% | 26.23% | 41.66% | 27.93% | 25.93% | 22.95% | 23.56% | 22.42% | 23.00% | 23.78% | 3.74% | 4.57% | 7.63% | 14.23% | 16.03% | 25.24% | 32.15% | 38.66% | 37.34% | 40.81% | 8.31% |
| Total Other Income/Expenses | -28.44M | -11.29M | -29.09M | -26.78M | -10.95M | -38.91M | -23.69M | -15.56M | -14.78M | -10.60M | -10.38M | -3.55M | 0.00 | -5.45M | -4.37M | -5.90M | -5.26M | -4.68M | -1.89B | -2.99B | -3.03B | 0.00 | -224.00K |
| Income Before Tax | 19.90M | 36.22M | 10.81M | 6.53M | 24.03M | 22.33M | 9.25M | 8.42M | 7.23M | 5.63M | 4.22M | 339.00K | 1.56M | 2.00M | 2.30M | -1.23M | 94.00K | 1.78M | 2.45B | 3.42B | 3.47B | 0.00 | 10.20M |
| Income Before Tax Ratio | 13.45% | 25.77% | 8.62% | 5.54% | 20.15% | 18.63% | 7.35% | 8.06% | 7.74% | 7.78% | 6.80% | 0.73% | 4.46% | 6.34% | 7.03% | -3.96% | 0.30% | 5.97% | 9,707.60% | 14,578.73% | 16,565.02% | 0.00% | 8.13% |
| Income Tax Expense | 450.00K | 422.00K | 385.00K | 379.00K | 400.00K | 347.00K | 386.00K | 289.00K | 372.00K | 282.00K | 305.00K | 286.00K | 225.00K | 264.00K | 222.00K | 219.00K | 217.00K | 5.75M | -1.88B | -2.98B | -3.03B | 4.77M | -385.00K |
| Net Income | 19.18M | 35.27M | 12.05M | 6.03M | 23.68M | 21.43M | 8.33M | 7.93M | 6.75M | 7.59M | 3.79M | 50.00K | 1.12M | 1.11M | 1.34M | 1.13M | -77.00K | 1.78M | 2.45M | 3.42M | 3.47M | 3.71M | 12.25M |
| Net Income Ratio | 12.97% | 25.09% | 9.61% | 5.12% | 19.86% | 17.88% | 6.62% | 7.59% | 7.22% | 10.48% | 6.11% | 0.11% | 3.22% | 3.50% | 4.11% | 3.63% | -0.25% | 5.97% | 9.71% | 14.58% | 16.57% | 17.85% | 9.77% |
| EPS | 0.39 | 0.72 | 0.22 | 0.14 | 0.59 | 0.55 | 0.22 | 0.26 | 0.25 | 0.33 | 0.21 | 0.00 | 0.12 | 0.27 | 0.41 | 0.36 | -0.01 | 0.55 | 0.75 | 1.05 | 1.07 | 1.14 | 0.00 |
| EPS Diluted | 0.38 | 0.71 | 0.22 | 0.14 | 0.57 | 0.53 | 0.22 | 0.26 | 0.24 | 0.32 | 0.20 | 0.00 | 0.12 | 0.27 | 0.40 | 0.36 | -0.01 | 0.54 | 0.74 | 1.04 | 1.05 | 1.12 | 0.00 |
| Weighted Avg Shares Out | 49.50M | 49.26M | 45.49M | 42.24M | 40.18M | 39.27M | 35.43M | 27.62M | 24.63M | 22.28M | 18.03M | 13.50M | 9.03M | 4.01M | 3.24M | 3.28M | 5.69M | 3.26M | 3.26M | 3.26M | 3.26M | 3.26M | 0.00 |
| Weighted Avg Shares Out (Dil) | 50.81M | 49.95M | 46.34M | 42.99M | 41.46M | 40.61M | 36.26M | 28.38M | 25.68M | 22.79M | 18.27M | 13.61M | 9.04M | 4.04M | 3.30M | 3.28M | 5.69M | 3.30M | 3.30M | 3.30M | 3.30M | 3.30M | 0.00 |
Whitestone REIT Announces Third Quarter 2023 Earnings Webcast and Conference Call
HOUSTON, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the third quarter ended September 30, 2023 after the market close on Tuesday, October 31, 2023.
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Whitestone REIT Declares Fourth Quarter 2023 Dividend
HOUSTON, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that its Board of Trustees has declared a monthly cash dividend of $0.04 per share on the Company's common shares and operating partnership...
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Whitestone REIT (WSR) Q2 2023 Earnings Call Transcript
Whitestone REIT (NYSE:WSR ) Q2 2023 Results Conference Call August 2, 2023 8:00 AM ET Company Participants David Mordy - Director of Investor Relations Dave Holeman - Chief Executive Officer Christine Mastandrea - Chief Operating Officer Scott Hogan - Chief...
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Whitestone (WSR) Surpasses Q2 FFO Estimates
Whitestone (WSR) came out with quarterly funds from operations (FFO) of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to FFO of $0.25 per share a year ago.
Whitestone REIT Reports Second Quarter 2023 Results
HOUSTON, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced its operating and financial results for the second quarter of 2023. Whitestone creates neighborhood center communities in its high-quality open-air shopping centers that it...
Source: https://incomestatements.info
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