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 Data and Metrics

Hudson Pacific Properties Financial Metrics

Hudson Pacific Properties's revenue was reported to be $639.6 m in FY, 2016 which is a 23% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

639.6 m

Revenue growth (FY, 2015 - FY, 2016), %

23%

Net income (FY, 2016)

43.8 m

EBIT (FY, 2016)

89.4 m

Market capitalization (26-May-2017)

4.9 b

Closing share price (26-May-2017)

33

Cash (31-Dec-2016)

83 m
Hudson Pacific Properties's current market capitalization is $4.9 b.
Numbers are in $, USDY, 2013FY, 2015FY, 2016

Revenue

205.6 m520.9 m639.6 m

Revenue growth, %

23%

Operating expense total

177.6 m473.5 m550.2 m

EBIT

28 m47.4 m89.4 m

EBIT margin, %

14%9%14%

Interest expense

25.5 m50.7 m76 m

Interest income

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

Net Income

1.4 m(16.1 m)43.8 m
Numbers are in $, USDFY, 2013FY, 2015FY, 2016

Cash

30.4 m53.6 m83 m

Accounts Receivable

8.3 m21.2 m6.9 m

Inventories

Goodwill

8.8 m8.8 m8.8 m

Total Assets

2.1 b6.3 b6.7 b

Accounts Payable

Total Debt

1.9 b

Additional Paid-in Capital

904 m1.7 b3.1 b

Retained Earnings

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

Total Equity

1.1 b3.7 b3.7 b

Debt to Equity Ratio

1.7 x

Debt to Assets Ratio

0.9 x

Financial Leverage

1.9 x1.7 x1.8 x
Numbers are in $, USDFY, 2013FY, 2015FY, 2016

Net Income

(2.6 m)(16.1 m)43.8 m

Depreciation and Amortization

70.1 m245.1 m269.1 m

Accounts Receivable

3.6 m(5.7 m)15.1 m

Inventories

Accounts Payable

Cash From Operating Activities

41.5 m174.9 m219.6 m

Cash From Investing Activities

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

Cash From Financing Activities

393.9 m1.7 b334.8 m
Numbers are in $, USDY, 2016

Revenue/Employee

2.7 m

Financial Leverage

1.8 x

Hudson Pacific Properties Market Value History

Hudson Pacific Properties Online and Social Media Presence

Hudson Pacific Properties News and Updates

Hudson Pacific Properties Company Life and Culture

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