CUZ · Cousins Properties Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $263.11M | - | $248.33M | $240.13M | $250.33M | - | $209.21M | $212.98M | $209.24M | - |
| Cost of Revenue | $82.58M | - | $80.02M | $74.18M | $77.16M | - | $66.00M | $70.63M | $71.08M | - |
| Gross Profit | $180.52M | - | $168.30M | $165.95M | $173.17M | - | $143.21M | $142.34M | $138.17M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | $285.09M | - | $236.87M | $223.88M | $227.35M | - | $196.28M | $205.45M | $196.24M | - |
| D&A | $108.41M | - | $105.27M | $100.89M | $102.11M | - | $89.78M | $95.42M | $86.23M | - |
| Operating Income | $180.06M | - | $169.18M | $166.70M | $165.23M | - | $142.08M | $141.31M | $138.63M | - |
| Interest Expense | $45.10M | - | $41.50M | $38.51M | $36.77M | - | $30.77M | $29.74M | $28.91M | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($24.86M) | - | $8.59M | $14.48M | $20.90M | - | $11.20M | $7.84M | $13.29M | - |
| EPS - Basic | ($0.15) | - | $0.05 | $0.09 | $0.12 | - | $0.07 | $0.05 | $0.09 | - |
| EPS - Diluted | ($0.15) | - | $0.05 | $0.09 | $0.12 | - | $0.07 | $0.05 | $0.09 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $6.30M | $5.72M | $4.67M | $416.84M | $5.33M | $7.35M | $76.14M | $5.95M | $5.45M | $6.05M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $9.09B | $8.89B | $8.90B | $9.05B | $8.66B | $8.80B | $7.77B | $7.70B | $7.68B | $7.63B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | $3.77B | $3.34B | $3.31B | $3.48B | $3.02B | $3.10B | $2.66B | $2.59B | $2.56B | $2.46B |
| Total Liabilities | $4.55B | $4.19B | $4.14B | $4.25B | $3.83B | $3.93B | $3.33B | $3.22B | $3.17B | $3.09B |
| Stockholders' Equity | $4.51B | $4.68B | $4.73B | $4.78B | $4.81B | $4.85B | $4.42B | $4.45B | $4.49B | $4.52B |
| Retained Earnings | - | - | - | - | - | - | - | - | - | - |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $40.46M | - | - | - | $44.76M | - | - | - | $28.29M | - |
| Investing Cash Flow | ($322.98M) | - | - | - | $87.12M | - | - | - | ($83.95M) | - |
| Financing Cash Flow | $283.09M | - | - | - | ($133.89M) | - | - | - | $55.06M | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 68.6% | - | 67.8% | 69.1% | 69.2% | - | 68.5% | 66.8% | 66.0% | - |
| Operating margin | 68.4% | - | 68.1% | 69.4% | 66.0% | - | 67.9% | 66.4% | 66.3% | - |
| EBITDA margin | 109.6% | - | 110.5% | 111.4% | 106.8% | - | 110.8% | 111.2% | 107.5% | - |
| Net margin | -9.4% | - | 3.5% | 6.0% | 8.3% | - | 5.4% | 3.7% | 6.4% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -0.3% | - | 0.1% | 0.2% | 0.2% | - | 0.1% | 0.1% | 0.2% | - |
| Return on equity | -0.6% | - | 0.2% | 0.3% | 0.4% | - | 0.3% | 0.2% | 0.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | 0.84 | 0.71 | 0.70 | 0.73 | 0.63 | 0.64 | 0.60 | 0.58 | 0.57 | 0.54 |
| Debt / Assets | 0.42 | 0.38 | 0.37 | 0.38 | 0.35 | 0.35 | 0.34 | 0.34 | 0.33 | 0.32 |
| Debt / EBITDA | 13.08 | - | 12.06 | 12.99 | 11.30 | - | 11.48 | 10.93 | 11.40 | - |
| Interest coverage | 4.0x | - | 4.1x | 4.3x | 4.5x | - | 4.6x | 4.8x | 4.8x | - |
| Equity multiplier | 2.01 | 1.90 | 1.88 | 1.89 | 1.80 | 1.82 | 1.76 | 1.73 | 1.71 | 1.69 |
| Liabilities / Assets | 0.50 | 0.47 | 0.47 | 0.47 | 0.44 | 0.45 | 0.43 | 0.42 | 0.41 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.03 | - | 0.03 | 0.03 | 0.03 | - | 0.03 | 0.03 | 0.03 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 578.8x | 333.7x | 245.8x | - | 421.1x | 463.0x | 267.1x | - |
| P / B | 0.8x | - | 1.0x | 1.1x | 1.0x | - | 1.0x | 0.8x | 0.8x | - |
| P / S | 14.3x | - | 19.7x | 21.1x | 19.9x | - | 21.5x | 16.6x | 17.5x | - |
| EV / EBITDA | 26.1x | - | 29.8x | 30.4x | 29.9x | - | 30.6x | 25.8x | 27.7x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.1% | - | 18.7% | 12.7% | 19.6% | - | 5.2% | 4.2% | 3.2% | - |
| Revenue CAGR (3y) | 9.1% | - | 8.4% | 8.9% | 10.2% | - | 3.5% | 4.5% | 3.3% | - |
| Revenue CAGR (5y) | 6.8% | - | 6.3% | 5.9% | 5.2% | - | 2.1% | 8.4% | 9.5% | - |
| Gross profit growth (YoY) | 4.2% | - | 17.5% | 16.6% | 25.3% | - | 6.9% | 3.7% | 5.1% | - |
| Operating income growth (YoY) | 9.0% | - | 19.1% | 18.0% | 19.2% | - | 5.3% | 7.2% | 6.5% | - |
| Net income growth (YoY) | - | - | -23.3% | 84.7% | 57.3% | - | -42.2% | -65.3% | -40.1% | - |
| EPS growth (YoY) | - | - | -28.6% | 80.0% | 33.3% | - | -46.2% | -66.7% | -40.0% | - |
| EPS CAGR (3y) | - | - | -54.5% | -26.9% | -14.2% | - | -42.1% | -35.9% | -23.4% | - |
| EPS CAGR (5y) | - | - | -23.4% | -10.9% | -36.7% | - | -12.9% | - | 2.4% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -6.3% | -3.4% | 7.2% | 7.3% | 7.2% | 7.1% | -3.0% | -2.8% | -2.4% | -2.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$1.52B totalRental Properties$980.55M · 64.6%
Variable Rental Revenue$274.70M · 18.1%
Tenant Reimbursements$197.00M · 13.0%
Tenant Funded Improvements$34.60M · 2.3%
Fee And Other Revenue$13.30M · 0.9%
Product And Service Other$11.22M · 0.7%
Termination Fee$5.09M · 0.3%
Fees$2.04M · 0.1%
Peer comparison
Same SIC group: Real Estate Investment Trusts
Comparing COUSINS PROPERTIES INC against the 5 most active filers in the same SIC group.
Dividends
$1.28/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 7, 2026 | $0.3200 |
| Jan 5, 2026 | $0.3200 |
| Oct 3, 2025 | $0.3200 |
| Jul 7, 2025 | $0.3200 |
| Apr 3, 2025 | $0.3200 |
| Jan 3, 2025 | $0.3200 |
| Oct 3, 2024 | $0.3200 |
| Jul 3, 2024 | $0.3200 |
| Apr 3, 2024 | $0.3200 |
| Jan 3, 2024 | $0.3200 |
| Oct 3, 2023 | $0.3200 |
| Jul 5, 2023 | $0.3200 |
| Apr 4, 2023 | $0.3200 |
| Jan 3, 2023 | $0.3200 |
| Oct 4, 2022 | $0.3200 |
| Jul 5, 2022 | $0.3200 |
| Apr 4, 2022 | $0.3200 |
| Jan 4, 2022 | $0.3100 |
| Oct 4, 2021 | $0.3100 |
| Jul 2, 2021 | $0.3100 |
| Apr 5, 2021 | $0.3100 |
| Dec 31, 2020 | $0.3000 |
| Oct 2, 2020 | $0.3000 |
| Jul 2, 2020 | $0.3000 |