Cousins Properties Financial Statements
NYSE: CUZReal EstateReal Estate Investment TrustsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Cousins Properties revenue and earnings
In fiscal 2025, Cousins Properties generated $993.8 million in revenue, up 16.0% from fiscal 2024, its 11th consecutive year of revenue growth. Net income was $40.5 million (-11.9% year over year), for a net margin of 4.1% versus a median of 21.9% in the prior 5 years. Gross margin was 68.4% (up from 67.2%) and operating margin 67.8%.
Diluted earnings per share came in at $0.24, down from $0.30. Over the last 5 fiscal years, CUZ's revenue has grown at a 6.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Cousins Properties income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 993.82M | 856.76M | 802.87M | 762.29M | 755.07M | 740.34M | 657.51M | 475.21M | 466.19M | 259.21M |
| Revenue growth (YoY) | +16.00% | +6.71% | +5.32% | +0.96% | +1.99% | +12.60% | +38.36% | +1.94% | +79.85% | +26.83% |
| Cost of Revenue | 314.50M | 280.66M | 266.43M | 258.37M | 259.46M | 250.85M | 222.15M | 164.68M | 163.88M | 96.91M |
| Gross Profit | 679.32M | 576.10M | 536.44M | 503.92M | 495.61M | 489.49M | 435.37M | 310.53M | 302.30M | 162.30M |
| Operating Expenses | 6.01M | 5.77M | 5.35M | 1.72M | 1.89M | 3.46M | 3.58M | -15.53M | -10.90M | -97.98M |
| Operating Income | 673.31M | 570.32M | 531.09M | 502.20M | 493.72M | 486.03M | 431.79M | 326.06M | 313.21M | 260.28M |
| Interest Expense | 159.24M | 122.48M | 105.46M | 72.54M | 67.03M | 60.60M | 53.96M | 39.43M | 33.52M | 26.65M |
| Pretax Income | — | — | — | — | — | — | — | 63.10M | 39.78M | -26.73M |
| Income Tax | — | — | — | — | — | — | — | — | — | 0 |
| Net Income | 40.50M | 45.96M | 82.96M | 166.79M | 278.59M | 237.28M | 152.68M | 80.77M | 219.96M | 79.11M |
| Net Income growth (YoY) | -11.88% | -44.60% | -50.26% | -40.13% | +17.41% | +55.41% | +89.05% | -63.28% | +178.05% | -36.97% |
| EPS (Basic) | 0.24 | 0.30 | 0.55 | 1.11 | 1.87 | 1.60 | 1.17 | 0.75 | 2.08 | 0.31 |
| EPS (Diluted) | 0.24 | 0.30 | 0.55 | 1.11 | 1.87 | 1.60 | 1.17 | 0.75 | 2.08 | 0.31 |
| Shares Outstanding (Basic) | 167.92M | 153.41M | 151.71M | 150.11M | 148.67M | 148.28M | 128.06M | 105.08M | 103.90M | 253.90M |
| Shares Outstanding (Diluted) | 168.72M | 154.01M | 152.04M | 150.42M | 148.89M | 148.64M | 129.83M | 106.87M | 105.82M | 256.02M |
| EBITDA | 1.09B | 935.37M | 845.99M | 797.79M | 781.81M | 774.68M | 688.94M | 507.44M | 509.95M | 358.23M |
| Gross Margin | 68.35% | 67.24% | 66.81% | 66.11% | 65.64% | 66.12% | 66.21% | 65.35% | 64.85% | 62.61% |
| Operating Margin | 67.75% | 66.57% | 66.15% | 65.88% | 65.39% | 65.65% | 65.67% | 68.61% | 67.18% | 100.41% |
| Net Margin | 4.08% | 5.36% | 10.33% | 21.88% | 36.90% | 32.05% | 23.22% | 17.00% | 47.18% | 30.52% |
This table shows 10 annual periods of Cousins Properties's income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow CUZ's reporting calendar. What is a income statement?