Hudson Pacific Properties, Inc. HPP R2K

Real Estate · REIT - Office · United States

https://www.HudsonPacificProperties.com

Hudson Pacific Properties, Inc. is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identifying, acquiring, transforming and developing properties into world-class amenitized, collaborative and sustainable office and studio space. Hudson Pacific Properties, Inc. was incorporated in 1997 and is based in Los Angeles, United States.

Market & Price

Market Cap

$5.26B

Current Price

$11.98

High / Low (52W)

$21.49 / $5.51

Beta

1.88

Valuation

Stock P/E

Industry PE

26.58

Forward P/E

PEG Ratio

6.93

Book Value

$46.00

Price to Book

0.26

P/S

6.45

EV/EBITDA

16.47

Dividend Yield

Profitability & Returns

ROCE

-5.96%

ROE

-18.04%

ROA

-0.25%

Profit Margin

-65.04%

Op Margin

-7.45%

EPS (Latest Qtr)

$-0.82

EPS (TTM)

$-9.93

Balance Sheet & Liquidity

Debt/Equity

1.19

Quick Ratio

0.27

Current Ratio

0.28

Debt

$3.76B

Total Assets

$7.27B

Current Assets

$382.97M

Working Capital

$173.59M

Ownership

Promoter Holding

2.47%

Chg in Prom Hold

FII / Inst Holding

117.16%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$4.92B

Total Revenue (TTM)

$815.25M

EBITDA

$298.83M

Free Cash Flow

$349.21M

Operating Cash Flow

$134.73M

Shares Outstanding

54.24M

Gross Margin

48.89%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

-6.79%

Profit 5Y

-502.06%

Revenue (YoY)

-8.00%

Earnings (YoY)

PROS

Generates positive free cash flow.

CONS

Revenue declined at -6.8% CAGR over 5 years.
Earnings shrank at -502.1% CAGR over 5 years.
Trading 44.2% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Real Estate).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	HPP Hudson Pacific Properties, Inc. R2K	11.98	-	$5.26B	-	-5.96%	-18.04%	-6.79%	-502.06%
2	WELL Welltower Inc. SPX	205.33	99.19	$144.95B	1.44%	0.26%	3.67%	22.69%	87.90%
3	PLD Prologis, Inc. SPX	143.47	36.14	$133.76B	2.98%	4.94%	6.84%	13.74%	-0.36%
4	EQIX Equinix, Inc. SPX	1,068.04	74.07	$105.33B	1.84%	5.61%	10.06%	8.27%	24.18%
5	AMT American Tower Corporation SPX	186.96	30.11	$87.10B	3.73%	7.82%	29.95%	3.34%	12.73%
6	SPG Simon Property Group, Inc. SPX	204.91	14.25	$77.86B	4.29%	17.44%	113.59%	6.35%	29.32%
7	DLR Digital Realty Trust, Inc. SPX	190.00	50.53	$67.96B	2.57%	3.99%	5.69%	9.22%	51.32%
8	O Realty Income Corporation SPX	61.28	50.23	$57.14B	5.30%	3.27%	2.83%	19.80%	6.78%
9	PSA Public Storage SPX	303.69	31.34	$53.31B	3.95%	10.69%	20.18%	4.88%	-25.69%

Quarterly Results

Figures in USD.

Metric	Jun 2015	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	-	-	180.50M	190.02M	-	-	175.17M	180.70M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	198.46M	190.00M	186.62M	256.03M	181.85M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	113.26M	108.05M	103.96M	102.47M	101.53M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	111.21M	112.69M	112.89M	-	125.47M	126.22M	129.15M	-	131.72M	126.05M	121.18M	135.10M	134.03M	143.72M	151.90M	152.19M	155.33M	140.97M	133.72M	119.27M	103.97M	104.74M	-	-	85.20M	81.95M	82.66M	153.56M	80.32M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111.57M	122.53M	107.79M	106.03M	93.30M
Operating Income	16.09M	4.17M	13.80M	19.01M	19.81M	23.74M	26.84M	28.50M	28.11M	36.16M	43.83M	35.10M	35.78M	36.39M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26.37M	-40.58M	-25.14M	47.52M	-12.98M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52.05M	55.58M	-8.25M	-149.22M	66.67M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39.05M	48.14M	41.73M	38.85M	36.50M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-80.08M	-87.31M	-144.06M	-281.12M	-50.56M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194.00K	454.00K	24.00K	-945.00K	348.00K
Net Income	-25.24M	-3.90M	-6.46M	2.25M	839.00K	1.85M	22.28M	20.52M	3.55M	11.06M	32.45M	48.58M	16.20M	17.37M	15.94M	-39.39M	9.79M	58.76M	13.58M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-71.91M	-80.19M	-133.15M	-276.45M	-48.59M
Diluted EPS	-	-	-	-	-	-	-	0.14	0.02	0.07	0.21	0.31	0.10	0.11	0.10	-0.26	0.06	0.38	0.09	0.07	0.02	-0.04	0.03	0.02	-0.06	-0.13	-0.05	-0.12	-0.14	-0.26	-0.27	-0.37	-0.33	-	-	-3.70	-2.87	-2.10	-4.31	-0.82

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	0	0	0	-	639.64M	728.14M	728.42M	818.18M	804.97M	-	1.03B	952.30M	842.08M	831.11M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	413.82M	450.46M	454.08M	427.74M
Gross Profit	-	-	68.97M	85.52M	117.97M	149.15M	-	-	-	460.71M	516.66M	505.19M	-	612.41M	501.83M	388.00M	403.36M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	452.72M	472.80M	433.88M	447.92M
Operating Income	7.83M	10.21M	13.94M	14.27M	27.96M	48.68M	47.39M	89.41M	136.60M	-	-	-	-	159.69M	29.03M	-45.87M	-44.56M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	506.60M	448.36M	152.05M	-45.39M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	149.90M	214.41M	177.39M	172.22M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-16.52M	-163.90M	-379.76M	-592.57M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6.80M	1.64M	-273.00K
Net Income	-615.00K	-3.25M	-10.43M	-17.19M	-14.83M	9.96M	-16.40M	27.22M	-	-	-	-	-	-34.97M	-173.89M	-352.29M	-561.69M
Diluted EPS	-	-	-	-0.41	-0.27	0.15	-0.19	0.25	0.44	0.63	0.28	0.00	-	-2.73	-9.52	-18.06	-12.81

Compounded Sales Growth

5 Years:	-6.79%
1 Year:	-8.00%

Compounded Profit Growth

5 Years:	-502.06%
1 Year:	-

Stock Price Performance

1 Year:	-7.99%
6 Months:	-8.97%
3 Months:	+65.47%
1 Month:	+32.67%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Sep 2011	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	1.00B	-	1.15B	1.56B	2.13B	2.34B	6.25B	6.68B	6.62B	7.07B	7.47B	8.35B	-	9.32B	8.28B	8.13B	7.27B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	684.27M	377.24M	408.75M	382.97M
Cash & Equivalents	5.81M	3.69M	48.88M	13.71M	13.71M	18.90M	30.36M	17.75M	53.55M	83.02M	78.92M	53.74M	46.22M	113.69M	-	255.76M	100.39M	63.26M	138.36M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.58M	4.91M	-	-	-
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	296.73M	245.40M	214.25M	210.35M
Total Liabilities	-	-	390.23M	-	451.65M	650.00M	1.02B	1.05B	2.51B	2.97B	2.70B	3.12B	3.62B	4.24B	-	5.44B	4.73B	4.96B	4.07B
Current Liabilities	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	649.76M	654.74M	803.98M	209.38M
Long Term Debt	-	-	-	-	399.87M	582.09M	888.31M	918.06M	2.26B	2.47B	2.42B	2.62B	-	-	-	4.27B	3.56B	3.66B	3.42B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5.05B	4.40B	4.62B	3.76B
Total Equity	-	-	495.85M	-	625.31M	840.21M	1.00B	1.18B	1.67B	3.10B	3.64B	3.54B	3.42B	3.46B	-	3.31B	3.08B	2.86B	2.97B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20.15M	20.15M	20.18M	54.23M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	4.54M	7.62M	32.08M	42.82M	41.55M	63.17M	175.78M	226.77M	292.96M	214.63M	288.01M	302.03M	-	369.50M	232.26M	164.66M	120.98M
Investing Cash Flow	-15.46M	-242.16M	-130.60M	-423.47M	-424.04M	-246.36M	-1.80B	-524.90M	-333.04M	-392.33M	-316.41M	-1.01B	-	-378.09M	467.84M	-250.54M	42.84M
Financing Cash Flow	8.80M	279.72M	63.35M	385.85M	393.95M	170.59M	1.66B	334.75M	33.17M	144.62M	18.46M	796.09M	-	97.45M	-866.67M	65.90M	-100.87M
Capital Expenditure	-	-	-	-	-	-	-	-	-	-	-	-	-	-116.67M	-5.74M	-23.06M	-22.07M
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	-	-	-	252.83M	226.52M	141.59M	98.91M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	88.86M	-166.57M	-19.98M	62.95M
Share Buybacks	-	0	0	1.39M	2.76M	3.13M	5.13M	0	0	50.00M	0	80.21M	46.14M	37.21M	1.37M	0	0

Ratios (Annual)

Figures in %.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	63.2%	63.1%	62.8%	-	59.7%	52.7%	46.1%	48.5%
Operating Margin %	-	-	-	-	-	-	-	14.0%	18.8%	-	-	-	-	15.6%	3.0%	-5.4%	-5.4%
Net Margin %	-	-	-	-	-	-	-	4.3%	-	-	-	-	-	-3.4%	-18.3%	-41.8%	-67.6%
ROE %	-	-0.7%	-1.7%	-2.0%	-1.5%	0.8%	-1.0%	0.9%	-	-	-	-	-	-1.1%	-5.6%	-12.3%	-18.9%
ROCE %	-	-	-	-	-	-	-	-	-	-	-	-	-	1.8%	0.4%	-0.6%	-0.6%

Shareholding Pattern

Insiders

2.47%

Institutions

117.16%

Public Float

120.13%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Cohen & Steers Inc.	17.78%	9.64M	$115.53M
2	Blackrock Inc.	13.00%	7.05M	$84.48M
3	Philosophy Capital Management Llc	6.54%	3.55M	$42.48M
4	Vanguard Portfolio Management LLC	5.26%	2.85M	$34.17M
5	T. Rowe Price Investment Management, Inc.	5.21%	2.83M	$33.86M
6	Balyasny Asset Management LP	4.82%	2.62M	$31.33M
7	Vanguard Capital Management LLC	4.39%	2.38M	$28.51M
8	Principal Financial Group, Inc.	3.86%	2.09M	$25.07M
9	ValueWorks, LLC	3.39%	1.84M	$22.04M
10	Shaw D.E. & Co., Inc.	3.06%	1.66M	$19.88M

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