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
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$994M
$41M
68.4%
67.8%
0.9%
0.5%
$135M
$3.3B
$6M
2024
$857M
$46M
67.2%
66.6%
0.9%
0.5%
$148M
$3.1B
$7M
2023
$803M
$83M
66.8%
66.1%
1.8%
1.1%
$89M
$2.5B
$6M
2022
$762M
$167M
66.1%
65.9%
3.6%
2.2%
$23M
$2.3B
$5M
2021
$755M
$279M
65.6%
65.4%
6.1%
3.8%
—
$2.2B
$9M
2020
$740M
$237M
66.1%
65.7%
5.3%
3.3%
—
$2.2B
$4M
2019
$658M
—
66.2%
65.7%
0.0%
0.0%
—
$2.2B
$16M
2018
$475M
—
65.3%
68.6%
0.0%
0.0%
—
$1.1B
$3M
2017
$466M
—
64.8%
67.2%
0.0%
0.0%
—
$1.1B
$149M
2016
$259M
$79M
62.6%
100.4%
3.2%
1.9%
—
$1.4B
$36M
2015
$204M
$126M
0.0%
118.0%
7.5%
4.8%
—
$719M
$2M
2014
$178M
$52M
0.0%
121.5%
3.1%
1.9%
—
$792M
$0
2013
$211M
$122M
0.0%
65.5%
8.4%
5.4%
—
$630M
$975000
2012
$137M
$46M
0.0%
0.0%
7.4%
4.1%
—
$425M
$177M
2011
$118M
-$128M
0.0%
0.0%
-21.3%
-10.4%
—
$539M
$8M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Sep '26
$259M
$17M
69.1%
69.5%
0.4%
0.2%
—
$3.6B
$5M
Jun '26
$269M
$26M
68.5%
67.9%
0.6%
0.3%
—
$3.7B
$7M
Mar '26
$263M
-$25M
68.6%
68.4%
-0.6%
-0.3%
—
$3.8B
$6M
Dec '25
$255M
-$3M
67.4%
67.5%
-0.1%
-0.0%
—
$3.3B
$6M
Sep '25
$248M
$9M
67.8%
68.1%
0.2%
0.1%
—
$3.3B
$5M
Jun '25
$240M
$14M
69.1%
69.4%
0.3%
0.2%
—
$3.5B
$417M
Mar '25
$250M
$21M
69.2%
66.0%
0.4%
0.2%
—
$3.0B
$5M
Dec '24
$225M
$14M
67.6%
65.8%
0.3%
0.2%
—
$3.1B
$7M
Sep '24
$209M
$11M
68.5%
67.9%
0.3%
0.1%
—
$2.7B
$76M
Jun '24
$213M
$8M
66.8%
66.4%
0.2%
0.1%
—
$2.6B
$6M
Mar '24
$209M
$13M
66.0%
66.3%
0.3%
0.2%
—
$2.6B
$5M
Dec '23
$197M
$19M
67.9%
68.1%
0.4%
0.2%
—
$2.5B
$6M
Sep '23
$199M
$19M
67.4%
67.8%
0.4%
0.3%
—
$2.4B
$7M
Jun '23
$204M
$23M
67.2%
64.5%
0.5%
0.3%
—
$2.4B
$8M
Mar '23
$203M
$22M
64.9%
64.2%
0.5%
0.3%
—
$2.4B
$4M
Dec '22
$195M
$24M
66.8%
66.9%
0.5%
0.3%
—
$2.3B
$5M
Sep '22
$195M
$81M
65.9%
66.3%
1.7%
1.1%
—
$2.3B
$6M
Jun '22
$186M
$34M
66.5%
66.3%
0.7%
0.5%
—
$2.3B
$4M
Mar '22
$187M
$28M
65.3%
64.0%
0.6%
0.4%
—
$2.3B
$7M
Dec '21
$190M
$167M
66.3%
65.1%
3.7%
2.3%
—
$2.2B
$9M
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 123.3× (Nov '26).
The price-to-sales ratio has risen from 4.6× (Mar '23) to 5.0× (Nov '26).
The dividend yield has fallen from 5.5% (Mar '23) to 4.3% (Nov '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?
Cousins Properties Inc's P/E (TTM) is 336.52 as of the 2026-11-04 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the CUZ stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 123.3× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.