Hudson Pacific (HPP) | Financial Analysis & Statements

Hudson Pacific Properties Inc. | Small-cap | Real Estate

$2.70

-0.74%

Hudson Pacific vs Boston Properties Hudson Pacific vs Alexandria Real Hudson Pacific vs Paramount Hudson Pacific vs JBG SMITH Properties Hudson Pacific vs Easterly Government Hudson Pacific vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 842.1M

Gross Profit 388.0M 46.08%

Operating Income -45.9M -5.45%

Net Income -381.4M -45.29%

EPS (Diluted) -$2.58

Balance Sheet Metrics

Total Assets 8.1B

Total Liabilities 5.0B

Shareholders Equity 3.2B

Debt to Equity 1.57

Cash Flow Metrics

Operating Cash Flow 10.3M

Free Cash Flow 141.6M

Revenue & Profitability Trend

Hudson Pacific Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	842.1M	952.3M	1.0B	896.8M	805.0M
Cost of Goods Sold	454.1M	454.6M	418.0M	337.0M	299.8M
Gross Profit	388.0M	497.7M	608.2M	559.9M	505.2M
Operating Expenses	79.5M	75.0M	79.5M	71.3M	77.9M
Operating Income	-45.9M	24.9M	155.5M	144.9M	127.6M
Pre-tax Income	-379.8M	-163.9M	-16.5M	29.0M	16.4M
Income Tax	1.6M	6.8M	0	0	-
Net Income	-381.4M	-170.7M	-16.5M	29.0M	16.4M
EPS (Diluted)	-$2.58	-$1.36	-$0.39	$0.04	$0.00

Income Statement Trend

Hudson Pacific Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	408.7M	377.2M	684.3M	899.2M	568.2M
Non-Current Assets	7.7B	7.9B	8.6B	8.1B	7.8B
Total Assets	8.1B	8.3B	9.3B	9.0B	8.4B
Liabilities
Current Liabilities	804.0M	395.7M	649.8M	429.9M	235.9M
Non-Current Liabilities	4.2B	4.3B	4.8B	4.2B	4.0B
Total Liabilities	5.0B	4.7B	5.4B	4.7B	4.3B
Equity
Total Shareholders Equity	3.2B	3.6B	3.9B	4.3B	4.1B

Balance Sheet Composition

Hudson Pacific Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	-381.4M	-170.7M	-16.5M	29.0M	16.4M
Operating Cash Flow	10.3M	252.3M	341.6M	360.3M	300.8M
Investing Activities
Capital Expenditures	-23.1M	-5.7M	-116.7M	-125.2M	-593.9M
Investing Cash Flow	-72.9M	-78.9M	-242.4M	-417.3M	-607.4M
Financing Activities
Dividends Paid	-36.2M	-75.8M	-168.8M	-155.2M	-155.6M
Financing Cash Flow	65.9M	-866.7M	97.4M	486.7M	796.1M
Free Cash Flow	141.6M	226.5M	252.8M	189.6M	-291.9M

Cash Flow Trend

Hudson Pacific Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) -1.06

Forward P/E -2.05

Price to Book 0.16

Price to Sales 1.33

PEG Ratio -2.05

Profitability Ratios

Profit Margin -44.64%

Operating Margin -14.01%

Return on Equity -12.47%

Return on Assets -0.56%

Financial Health

Current Ratio 1.67

Debt to Equity 149.11

Beta 1.45

Per Share Data

EPS (TTM) -$2.74

Book Value per Share $17.37

Revenue per Share $5.80

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
hpp	1.1B	-1.06	0.16	-12.47%	-44.64%	149.11
Boston Properties	12.5B	727.89	2.11	0.80%	-0.13%	209.43
Alexandria Real	12.6B	95.95	0.71	1.48%	4.61%	61.19
Paramount	1.5B	-	0.44	-1.48%	-9.30%	89.71
JBG SMITH Properties	1.3B	15.96	0.81	-8.23%	-30.14%	128.49
Easterly Government	1.1B	55.02	0.76	1.36%	5.74%	114.73

Financial data is updated regularly. All figures are in the company's reporting currency.