Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
842.08M | 952.30M | 1.03B | 896.84M | 804.97M |
Gross Profit | ||||
388.00M | 497.71M | 612.41M | 560.99M | 505.19M |
EBIT | ||||
-45.87M | 3.36M | 179.89M | 152.31M | 135.81M |
EBITDA | ||||
152.05M | 423.75M | 553.11M | 494.56M | 423.05M |
Net Income Common Stockholders | ||||
-343.34M | -173.89M | -166.42M | -114.38M | -118.54M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
63.26M | 100.39M | 255.76M | 225.88M | 248.80M |
Total Assets | ||||
8.13B | 8.28B | 9.32B | 8.99B | 8.35B |
Total Debt | ||||
4.62B | 4.40B | 5.44B | 4.22B | 3.87B |
Net Debt | ||||
4.56B | 4.30B | 5.18B | 4.13B | 3.75B |
Total Liabilities | ||||
4.96B | 4.73B | 5.44B | 4.66B | 4.25B |
Stockholders Equity | ||||
2.86B | 3.08B | 3.31B | 3.74B | 3.46B |
Cash Flow | Free Cash Flow | |||
141.59M | 226.52M | 252.83M | 189.63M | -291.91M |
Operating Cash Flow | ||||
164.66M | 232.26M | 369.50M | 314.86M | 302.03M |
Investing Cash Flow | ||||
-250.54M | 467.84M | -378.09M | -754.21M | -1.01B |
Financing Cash Flow | ||||
65.90M | -866.67M | 97.45M | 486.68M | 796.09M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
61 Neutral | $2.82B | 10.89 | 0.42% | 8438.96% | 5.74% | -20.95% | |
57 Neutral | $200.98M | ― | -2.51% | 8.03% | -4.92% | -128.59% | |
55 Neutral | $754.58M | ― | -18.11% | 13.79% | -2.22% | 1.51% | |
52 Neutral | $919.38M | ― | -3.79% | 6.77% | -6.23% | 18.07% | |
51 Neutral | $311.97M | ― | -12.23% | 4.69% | -9.39% | -72.30% | |
49 Neutral | $116.32M | ― | -10.71% | 15.46% | -18.92% | -15.81% | |
40 Underperform | $25.47M | ― | -96.16% | ― | -6.36% | -26.04% |
On May 14, 2025, Hudson Pacific Properties, Inc. held its annual meeting where stockholders approved the Amended and Restated 2010 Incentive Award Plan, which increases the shares available for issuance and extends the award grant period until 2035. Additionally, the meeting saw the election of ten directors, the ratification of Ernst & Young LLP as the independent auditor for 2025, and the disapproval of the executive compensation advisory resolution.
The most recent analyst rating on (HPP) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Hudson Pacific Properties stock, see the HPP Stock Forecast page.
Hudson Pacific Properties reported its financial results for the first quarter of 2025, highlighting a strong leasing performance with 630,000 square feet of leases signed, and a liquidity position of $839 million. Despite a net loss of $74.7 million, the company is optimistic about its future, citing a robust leasing pipeline and potential benefits from venture capital flows and government support for studios. The company is actively managing its portfolio through asset sales and debt reduction to strengthen its financial position.
On March 28, 2025, Hudson Pacific Properties completed a $475 million commercial mortgage-backed securities (CMBS) financing for a portfolio of six office properties. The financing, secured by properties including 11601 Wilshire and Element LA, was facilitated by Goldman Sachs, Morgan Stanley, and Wells Fargo. The proceeds were used to repay a $168 million loan and amounts on the company’s credit facility, enhancing liquidity and financial flexibility. This strategic move, along with recent asset sales, positions Hudson Pacific at a positive inflection point in addressing future maturities, with approximately $815 million in liquidity following the transaction.