15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 6.1% per year over the past 5 years.
Net income has grown slower than revenue (-29.8% vs 6.1% per year).
Operating margin has expanded, at 67.8% in the latest year.
Free cash flow has grown 80.6% per year over the past 5 years.
Financial health
Total debt ($3.3B) exceeds cash ($6M); net debt is $3.3B.
Total debt has grown faster than revenue (9.1% vs 6.1% per year).
Operating income covered interest expense 4.2× in the latest year, down from 8.0× 5 years ago.
Total debt is 3.1× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 532.8% of earnings and 159.8% of free cash flow.
The dividend has grown 4.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$994M
$41M
68.4%
67.8%
$135M
$3.3B
$6M
2024
$857M
$46M
67.2%
66.6%
$148M
$3.1B
$7M
2023
$803M
$83M
66.8%
66.1%
$89M
$2.5B
$6M
2022
$762M
$167M
66.1%
65.9%
$23M
$2.3B
$5M
2021
$755M
$279M
65.6%
65.4%
—
$2.2B
$9M
2020
$740M
$237M
66.1%
65.7%
—
$2.2B
$4M
2019
$658M
—
66.2%
65.7%
—
$2.2B
$16M
2018
$475M
—
65.3%
68.6%
—
$1.1B
$3M
2017
$466M
—
64.8%
67.2%
—
$1.1B
$149M
2016
$259M
$79M
62.6%
100.4%
—
$1.4B
$36M
2015
$204M
$126M
0.0%
118.0%
—
$719M
$2M
2014
$178M
$52M
0.0%
121.5%
—
$792M
$0
2013
$211M
$122M
0.0%
65.5%
—
$630M
$975000
2012
$137M
$46M
0.0%
0.0%
—
$425M
$177M
2011
$118M
-$128M
0.0%
0.0%
—
$539M
$8M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$263M
-$25M
68.6%
68.4%
—
$3.8B
$6M
Dec '25
$255M
-$3M
67.4%
67.5%
—
$3.3B
$6M
Sep '25
$248M
$9M
67.8%
68.1%
—
$3.3B
$5M
Jun '25
$240M
$14M
69.1%
69.4%
—
$3.5B
$417M
Mar '25
$250M
$21M
69.2%
66.0%
—
$3.0B
$5M
Dec '24
$225M
$14M
67.6%
65.8%
—
$3.1B
$7M
Sep '24
$209M
$11M
68.5%
67.9%
—
$2.7B
$76M
Jun '24
$213M
$8M
66.8%
66.4%
—
$2.6B
$6M
Mar '24
$209M
$13M
66.0%
66.3%
—
$2.6B
$5M
Dec '23
$197M
$19M
67.9%
68.1%
—
$2.5B
$6M
Sep '23
$199M
$19M
67.4%
67.8%
—
$2.4B
$7M
Jun '23
$204M
$23M
67.2%
64.5%
—
$2.4B
$8M
Mar '23
$203M
$22M
64.9%
64.2%
—
$2.4B
$4M
Dec '22
$195M
$24M
66.8%
66.9%
—
$2.3B
$5M
Sep '22
$195M
$81M
65.9%
66.3%
—
$2.3B
$6M
Jun '22
$186M
$34M
66.5%
66.3%
—
$2.3B
$4M
Mar '22
$187M
$28M
65.3%
64.0%
—
$2.3B
$7M
Dec '21
$190M
$167M
66.3%
65.1%
—
$2.2B
$9M
Sep '21
$189M
$54M
65.4%
65.8%
—
$2.0B
$6M
Jun '21
$187M
$28M
65.9%
65.7%
—
$2.1B
$10M
Valuation over time
How the market has priced CUZ against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 21.1× (Mar '23) to 118.8× (Jun '26).
The price-to-sales ratio has risen from 4.6× (Mar '23) to 4.8× (Jun '26).
The dividend yield has fallen from 5.5% (Mar '23) to 4.5% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is CUZ growing its revenue and profit?
Over the past 5 years, Cousins Properties Inc's revenue has grown 6.1% per year, and net income declined 29.8% per year. These are computed facts, not advice.
How much debt does CUZ have?
As of FY2025, Cousins Properties Inc reported $3.3B of total debt against $6M of cash; operating income covered interest expense 4.2×.
What is CUZ's profit margin?
In FY2025, gross margin was 68.4%, operating margin 67.8%, and net margin 4.1%.
What is CUZ's P/E ratio?
As of Jun '26, Cousins Properties Inc traded at a price-to-earnings ratio of about 118.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.