Hudson Pacific Properties

Hudson Pacific Properties is a vertically integrated real estate company focused on acquiring, repositioning, developing and operating high-quality office and state-of-the-art media and entertainment properties in select west coast markets. HPP invests across the risk-return spectrum, favoring opportunities where it can employ leasing, capital investment and management expertise to create additional value. Founded in 2006 as Hudson Capital, the company went public in 2010, electing to be taxed as a real estate investment trust. Through the years, HPP has strategically assembled a portfolio totaling over 17 million square feet, including land for development, in high-growth, high-barrier-to-entry submarkets throughout Northern and Southern California and the Pacific Northwest. The company is a leading provider of design-forward, next-generation workspaces for a variety of tenants, with a focus on Fortune 500 and industry-leading growth companies, many in the technology, media and entertainment sectors. As a long-term owner, HPP prioritizes tenant satisfaction and retention, providing highly-customized build-outs and working proactively to accommodate tenants' growth. HPP trades as a component of the Russell 2000® and the Russell 3000® indices.
Type
Public
HQ
Los Angeles, US
Founded
2006
Size (employees)
257 (est)+10%
Hudson Pacific Properties was founded in 2006 and is headquartered in Los Angeles, US

Hudson Pacific Properties Office Locations

Hudson Pacific Properties has an office in Los Angeles
Los Angeles, US (HQ)
900 11601 Wilshire Blvd

Hudson Pacific Properties Metrics

Hudson Pacific Properties Financial Metrics

Revenue (2016)

$639.6 m

Revenue growth (2015-16), %

23%

Net income (2016)

$43.8 m

Market capitalization (21-Mar-2017)

$4.7 b

Closing share price (21-Mar-2017)

$34.9

Cash (31-Dec-2016)

$83 m
Hudson Pacific Properties's current market capitalization is $4.7 b.
Hudson Pacific Properties's revenue was reported to be $639.6 m in FY, 2016 which is a 22.8% increase from the previous period.
Y, 2013FY, 2015FY, 2016

Revenue

$205.6 m$520.9 m$639.6 m

Revenue growth, %

23%

Operating expense total

$177.6 m$473.5 m$550.2 m

EBIT

$28 m$47.4 m$89.4 m

EBIT margin, %

14%9%14%

Interest expense

$25.5 m$50.7 m$76 m

Interest income

($272 k)($124 k)($260 k)

Net Income

$1.4 m($16.1 m)$43.8 m
FY, 2013FY, 2015FY, 2016

Cash

$30.4 m$53.6 m$83 m

Accounts Receivable

$8.3 m$21.2 m$6.9 m

Inventories

Goodwill

$8.8 m$8.8 m$8.8 m

Total Assets

$2.1 b$6.3 b$6.7 b

Accounts Payable

Total Debt

$1.9 b

Additional Paid-in Capital

$904 m$1.7 b$3.1 b

Retained Earnings

($45.1 m)($45 m)($17 m)

Total Equity

$1.1 b$3.7 b$3.7 b

Debt to Equity Ratio

1.7 x

Debt to Assets Ratio

0.9 x

Financial Leverage

1.9 x1.7 x1.8 x
FY, 2013FY, 2015FY, 2016

Net Income

($2.6 m)($16.1 m)$43.8 m

Depreciation and Amortization

$70.1 m$245.1 m$269.1 m

Accounts Receivable

$3.6 m($5.7 m)$15.1 m

Inventories

Accounts Payable

Cash From Operating Activities

$41.5 m$174.9 m$219.6 m

Cash From Investing Activities

($424 m)($1.8 b)($524.9 m)

Hudson Pacific Properties Market Value History

Hudson Pacific Properties Online Presence

Hudson Pacific Properties News

Hudson Pacific Properties Company Life

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