See more : Killbuck Bancshares, Inc. (KLIB) Income Statement Analysis – Financial Results
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 |
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HOUSTON, April 01, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) today announced that it will release its financial results for the first quarter ended March 31, 2024 after the market close on Wednesday, May 1, 2024.
Source: https://incomestatements.info
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