GoAI
Get started
Hudson Pacific Properties, Inc. logo

Hudson Pacific Properties, Inc.

HPP

NYSEReal EstateREIT - Office

Open in GoAI

Previous close

$14.50

−$0.33 · -2.23%

Aug 21, 4:00 PM ET

HPP company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

55

Fair Value

Momentum

60

Neutral

Sentiment

58

Mixed

Risk resilience

36

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Industry
REIT - Office
Sector
Real Estate
Headquarters
US

Market position

Day range

Current $14.50

52-week range

Current $14.50

Open
$14.755
Previous close
$14.83
Volume
261.52K
Market cap
786.51M USD
50-day average
$14.7706
-1.83% below average
200-day average
$11.0563
+31.15% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
4.11B USD
P/E (TTM)
-1.64×
P/B (TTM)
0.33×
P/S (TTM)
0.97×
EV / EBITDA
-90.49×
Earnings yield
-114.01%
Free cash flow yield
20.44%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
29.49%
Operating margin
-0.25%
Net margin
-68.54%
Return on equity
-18.56%
Return on assets
-7.59%
Return on invested capital
-0.67%

Financial health

Debt / equity
1.33×
Current ratio
1.83×
Altman Z-score
0.05
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends75%24%-28%-79%Gross margin, FY2021: 62.55%Gross margin, FY2022: 59.68%Gross margin, FY2023: 52.70%Gross margin, FY2024: 46.08%Gross margin, FY2025: -42.13%Operating margin, FY2021: 16.28%Operating margin, FY2022: 15.56%Operating margin, FY2023: 3.05%Operating margin, FY2024: -5.45%Operating margin, FY2025: -5.72%Net margin, FY2021: 1.13%Net margin, FY2022: -3.41%Net margin, FY2023: -18.26%Net margin, FY2024: -40.77%Net margin, FY2025: -66.38%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 62.55%. Gross margin FY2022 59.68%. Gross margin FY2023 52.70%. Gross margin FY2024 46.08%. Gross margin FY2025 -42.13%. Operating margin FY2021 16.28%. Operating margin FY2022 15.56%. Operating margin FY2023 3.05%. Operating margin FY2024 -5.45%. Operating margin FY2025 -5.72%. Net margin FY2021 1.13%. Net margin FY2022 -3.41%. Net margin FY2023 -18.26%. Net margin FY2024 -40.77%. Net margin FY2025 -66.38%.

Income trends

Revenue

831.11M USD-1.30%

Operating income

−47.56M USD-3.67%

Net income

−551.69M USD-60.68%
Income trends across reported periods1.18B USD552.85M USD−78.32M USD−709.48M USDRevenue, FY2021: 896.84M USDRevenue, FY2022: 1.03B USDRevenue, FY2023: 952.3M USDRevenue, FY2024: 842.08M USDRevenue, FY2025: 831.11M USDOperating income, FY2021: 146.03M USDOperating income, FY2022: 159.69M USDOperating income, FY2023: 29.03M USDOperating income, FY2024: −45.87M USDOperating income, FY2025: −47.56M USDNet income, FY2021: 10.11M USDNet income, FY2022: −34.97M USDNet income, FY2023: −173.89M USDNet income, FY2024: −343.34M USDNet income, FY2025: −551.69M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 896.84M USD. Revenue FY2022 1.03B USD. Revenue FY2023 952.3M USD. Revenue FY2024 842.08M USD. Revenue FY2025 831.11M USD. Operating income FY2021 146.03M USD. Operating income FY2022 159.69M USD. Operating income FY2023 29.03M USD. Operating income FY2024 −45.87M USD. Operating income FY2025 −47.56M USD. Net income FY2021 10.11M USD. Net income FY2022 −34.97M USD. Net income FY2023 −173.89M USD. Net income FY2024 −343.34M USD. Net income FY2025 −551.69M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue831.11M USD842.08M USD952.3M USD1.03B USD896.84M USD
Cost of goods sold1.18B USD454.08M USD450.47M USD413.82M USD335.85M USD
Gross profit−350.16M USD388M USD501.83M USD612.41M USD560.99M USD
Selling, general, and administrative72.95M USD79.45M USD74.96M USD79.5M USD71.35M USD
Operating expenses−302.6M USD433.88M USD472.8M USD452.72M USD414.96M USD
Interest income6.24M USD2.47M USD2.18M USD2.34M USD3.79M USD
Interest expense172.22M USD177.39M USD214.42M USD149.9M USD121.94M USD
Depreciation and amortization374.97M USD354.43M USD397.85M USD373.22M USD343.61M USD
Operating income−47.56M USD−45.87M USD29.03M USD159.69M USD146.03M USD
Net income−551.69M USD−343.34M USD−173.89M USD−34.97M USD10.11M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-557.42%
11 comparable reports
Latest EPS result
-1.62
Estimate -0.72 · Miss by 123.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates5.320.46-4.41-9.27Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual -8.26, estimate -3.05, surprise -171.26%, Miss. Q2 2025, reported May 7, 2025: actual -3.71, estimate 0.08, surprise -4737.50%, Miss. Q3 2025, reported Aug 5, 2025: actual -2.87, estimate -0.48, surprise -497.92%, Miss. Q4 2025, reported Nov 5, 2025: actual -2.1, estimate -0.22, surprise -854.55%, Miss. Q1 2026, reported Feb 26, 2026: actual 4.31, estimate 0.2, surprise +2055.00%, Beat. Q2 2026, reported May 7, 2026: actual 0.82, estimate 0.18, surprise +355.56%, Beat. Q3 2026, reported Aug 5, 2026: actual -1.62, estimate -0.723, surprise -123.96%, Miss. Q4 2026, reported Nov 4, 2026: actual —, estimate -0.73, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates266.27M232.47M198.67M164.88MQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 209.67M USD, estimate 206.47M USD, surprise +1.55%, Beat. Q2 2025, reported May 7, 2025: actual 198.46M USD, estimate 202.62M USD, surprise -2.06%, Miss. Q3 2025, reported Aug 5, 2025: actual 190M USD, estimate 196.14M USD, surprise -3.13%, Miss. Q4 2025, reported Nov 5, 2025: actual 186.62M USD, estimate 184.32M USD, surprise +1.25%, Beat. Q1 2026, reported Feb 26, 2026: actual 256.03M USD, estimate 187.17M USD, surprise +36.79%, Beat. Q2 2026, reported May 7, 2026: actual 181.85M USD, estimate 175.12M USD, surprise +3.85%, Beat. Q3 2026, reported Aug 5, 2026: actual 188.3M USD, estimate 181.8M USD, surprise +3.58%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 183.3M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$14.43

0.48% downside
Past 12 months12-month forecastHigh $18.00Average $14.43Low $8.00

Rating distribution

23 ratings
Strong buy00%
Buy835%
Hold1357%
Sell29%
Strong sell00%

HPP news

seekingalpha.com

Hudson Pacific Properties: A Recovery Story, A (Speculative) Buy

Hudson Pacific Properties is rated 'Buy' with a $17/share price target, despite a 160% rally from its 52-week low. Recent performance includes four consecutive quarters of occupancy gains and two upward revisions to Core…

Read source
zacks.com

HPP or CUBE: Which Is the Better Value Stock Right Now?

Investors with an interest in REIT and Equity Trust - Other stocks have likely encountered both Hudson Pacific Properties (HPP) and CubeSmart (CUBE). But which of these two companies is the best option for those looking…

Read source
zacks.com

Should Value Investors Buy Hudson Pacific Properties (HPP) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and…

Read source
defenseworld.net

Contrasting Hudson Pacific Properties (NYSE:HPP) & alstria office REIT (OTCMKTS:ALSRF)

alstria office REIT (OTCMKTS:ALSRF - Get Free Report) and Hudson Pacific Properties (NYSE: HPP - Get Free Report) are both real estate companies, but which is the better investment? We will compare the two businesses…

Read source
gurufocus.com

Hudson Pacific Properties Inc (HPP) Shares Surge 7.2% -- What GF Score of 53 Tells Investors

On August 12, 2026, Hudson Pacific Properties Inc (HPP) shares rose 7.2% to a current price of $14.31. This movement comes amidst a challenging year, with the s

Read source
marketbeat.com

Hudson Pacific Properties Q2 Earnings Call Highlights

Hudson Pacific Properties NYSE: HPP reported record office leasing activity in the second quarter of 2026, higher occupancy and a sharp increase in Core FFO, supported by a major San Francisco government lease, improved…

Read source

HPP peers

Welltower Inc. logo

WELL

Welltower Inc.

$239.3

+0.80%

Prologis, Inc. logo

PLD

Prologis, Inc.

$141.8

+0.79%

American Tower Corporation logo

AMT

American Tower Corporation

$175.8

+0.05%

Simon Property Group, Inc. logo

SPG

Simon Property Group, Inc.

$218.29

-0.73%

Digital Realty Trust, Inc. logo

DLR

Digital Realty Trust, Inc.

$190.62

-1.89%

Public Storage logo

PSA

Public Storage

$322.49

-0.08%

ETFs holding HPP

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Real Estate ETF logoVanguard Real Estate ETFVNQ
Market value
27.68M
Weight
0.04%
AUM
73.1B USD
Expense ratio
0.13%
Price / 1D
$98.50-0.10%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
23.55M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
20.62M
Weight
0.03%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
Schwab Fundamental U.S. Small Company Index ETF logoSchwab Fundamental U.S. Small Company Index ETFFNDA
Market value
8.62M
Weight
0.09%
AUM
9.26B USD
Expense ratio
0.25%
Price / 1D
$37.73+0.75%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
8.6M
Weight
0.01%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
7.52M
Weight
0.05%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
Schwab U.S. REIT ETF logoSchwab U.S. REIT ETFSCHH
Market value
6.28M
Weight
0.06%
AUM
11.39B USD
Expense ratio
0.07%
Price / 1D
$24.04-0.08%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
4.14M
Weight
0.02%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%

Continue in GoAI

Research HPP

research.disclaimer