Stocks · Real estate · Real Estate

Hudson Pacific Properties, Inc.

HPP Clue Score38
United States Fiscal year ends December CIK 0001482512
$11.97 +0.76% Close, 9 Oct 2026
Price $11.97 −55.27% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue639.6Operating income89.4Net income27.2EPS, diluted0.25Fiscal year 2017Revenue728.1 +13.8%Operating income136.6Net income94.6 +247.4%EPS, diluted0.44Fiscal year 2018Revenue728.4 +0.0%Net income111.8 +18.2%EPS, diluted0.63Fiscal year 2019Revenue818.2 +12.3%Net income55.8 −50.0%EPS, diluted0.28Fiscal year 2020Revenue805.0 −1.6%Net income16.4 −70.6%EPS, diluted0.00Fiscal year 2021Revenue896.8 +11.4%EPS, diluted0.04Fiscal year 2022Revenue1,026.2 +14.4%EPS, diluted−0.39Fiscal year 2023Revenue952.3 −7.2%EPS, diluted−9.54Fiscal year 2024Revenue842.1 −11.6%EPS, diluted−18.05Fiscal year 2025Revenue831.1 −1.3%EPS, diluted−12.81
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 639.6 728.1 728.4 818.2 805.0 896.8 1,026.2 952.3 842.1 831.1
Growth +13.8% +0.0% +12.3% −1.6% +11.4% +14.4% −7.2% −11.6% −1.3%
Operating income 89.4 136.6 n/a n/a n/a n/a n/a n/a n/a n/a
Net income 27.2 94.6 111.8 55.8 16.4 n/a n/a n/a n/a n/a
Growth +247.4% +18.2% −50.0% −70.6%
EPS, diluted 0.25 0.44 0.63 0.28 0.00 0.04 −0.39 −9.54 −18.05 −12.81

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Operating margin14.0%Net margin4.3%Fiscal year 2017Operating margin18.8%Net margin13.0%Fiscal year 2018Gross margin63.2%Net margin15.3%Fiscal year 2019Gross margin63.1%Net margin6.8%Fiscal year 2020Gross margin62.8%Net margin2.0%Fiscal year 2021Gross margin62.6%Fiscal year 2022Gross margin59.7%Fiscal year 2023Gross margin52.7%Fiscal year 2024Gross margin46.1%Fiscal year 2025Gross margin48.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin n/a n/a 63.2% 63.1% 62.8% 62.6% 59.7% 52.7% 46.1% 48.5%
Operating margin 14.0% 18.8% n/a n/a n/a n/a n/a n/a n/a n/a
Net margin 4.3% 13.0% 15.3% 6.8% 2.0% n/a n/a n/a n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow226.8Buybacks0.0Dividends paid−117.8Fiscal year 2017Operating cash flow293.0Buybacks0.0Dividends paid−158.5Fiscal year 2018Operating cash flow214.6Buybacks−50.0Dividends paid−157.0Fiscal year 2019Operating cash flow288.0Buybacks0.0Dividends paid−157.8Fiscal year 2020Operating cash flow302.0Buybacks−80.2Dividends paid−155.0Fiscal year 2021Operating cash flow314.9Buybacks−46.1Dividends paid−154.6Fiscal year 2022Operating cash flow369.5Buybacks−37.2Dividends paid−145.4Fiscal year 2023Operating cash flow232.3Buybacks−1.4Dividends paid−55.0Fiscal year 2024Operating cash flow164.7Buybacks0.0Dividends paid−15.4Fiscal year 2025Operating cash flow121.0Buybacks0.0Dividends paid−0.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 226.8 293.0 214.6 288.0 302.0 314.9 369.5 232.3 164.7 121.0
Buybacks 0.0 0.0 −50.0 0.0 −80.2 −46.1 −37.2 −1.4 0.0 0.0
Dividends paid −117.8 −158.5 −157.0 −157.8 −155.0 −154.6 −145.4 −55.0 −15.4 −0.4

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash83.0Total debt2,473.3Net cash (debt)−2,390.3Shareholders’ equity3,103.3Debt to equity0.80Fiscal year 2017Cash78.9Total debt2,421.4Net cash (debt)−2,342.5Shareholders’ equity3,637.8Debt to equity0.67Fiscal year 2018Cash53.7Total debt2,623.8Net cash (debt)−2,570.1Shareholders’ equity3,543.5Debt to equity0.74Fiscal year 2019Cash46.2Shareholders’ equity3,416.8Fiscal year 2020Cash113.7Shareholders’ equity3,463.1Fiscal year 2021Cash96.6Shareholders’ equity3,741.8Fiscal year 2022Cash255.8Shareholders’ equity3,305.1Fiscal year 2023Cash100.4Shareholders’ equity3,078.0Fiscal year 2024Cash63.3Shareholders’ equity2,855.5Fiscal year 2025Cash138.4Shareholders’ equity2,972.2
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 83.0 78.9 53.7 46.2 113.7 96.6 255.8 100.4 63.3 138.4
Total debt 2,473.3 2,421.4 2,623.8 n/a n/a n/a n/a n/a n/a n/a
Net cash (debt) −2,390.3 −2,342.5 −2,570.1 n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity 3,103.3 3,637.8 3,543.5 3,416.8 3,463.1 3,741.8 3,305.1 3,078.0 2,855.5 2,972.2
Debt to equity 0.80 0.67 0.74 n/a n/a n/a n/a n/a n/a n/a

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
226.8 293.0 214.6 288.0 302.0 314.9 369.5 232.3 164.7 121.0
Growth +29.2% −26.7% +34.2% +4.9% +4.2% +17.4% −37.1% −29.1% −26.5%
269.1 283.6 251.0 282.1 299.7 343.6 373.2 397.8 354.4 375.0
Investment
−524.9 −333.0 −392.3 −316.4 −1,006.8 −754.2 −378.1 467.8 −250.5 42.8
Financing
334.8 33.2 144.6 18.5 796.1 486.7 97.4 −866.7 65.9 −100.9
−117.8 −158.5 −157.0 −157.8 −155.0 −154.6 −145.4 −55.0 −15.4 −0.4
0.0 0.0 −50.0 0.0 −80.2 −46.1 −37.2 −1.4 0.0 0.0

Capital expenditure, dividends and buybacks are shown as money out, so negative.