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 0.6% per year over the past 5 years.
Financial health
Total debt has grown faster than revenue (24.2% vs 0.6% per year).
Shareholder returns
Dividends have been paid for 15 consecutive years.
The dividend has declined 70.4% 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
$831M
-$592M
48.5%
0.0%
—
—
$138M
2024
$842M
-$381M
46.1%
0.0%
—
—
$63M
2023
$952M
-$171M
52.7%
0.0%
—
—
$100M
2022
$1.0B
-$17M
59.7%
0.0%
—
—
$256M
2021
$897M
$29M
62.6%
0.0%
—
—
$97M
2020
$805M
—
62.8%
0.0%
—
—
$114M
2019
$818M
—
63.1%
0.0%
—
—
$46M
2018
$728M
—
63.2%
0.0%
—
$2.6B
$54M
2017
$728M
—
0.0%
18.8%
—
$2.4B
$79M
2016
$640M
$27M
0.0%
14.0%
—
$2.5B
$83M
2015
—
-$16M
—
—
—
$2.3B
$54M
2014
$0
$10M
—
—
—
$961M
$18M
2013
$0
-$15M
—
—
—
$888M
$30M
2012
$0
-$17M
—
—
—
$582M
$19M
2011
—
-$10M
—
—
—
$400M
$14M
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
$182M
-$51M
44.2%
0.0%
—
—
$138M
Dec '25
$256M
-$280M
60.0%
0.0%
—
—
$138M
Sep '25
$187M
-$144M
44.3%
0.0%
—
—
$190M
Jun '25
$190M
-$88M
43.1%
0.0%
—
—
$236M
Mar '25
$198M
-$80M
42.9%
0.0%
—
—
$86M
Dec '24
$210M
-$173M
44.7%
0.0%
—
—
$63M
Sep '24
$200M
-$107M
42.7%
0.0%
—
—
$91M
Jun '24
$218M
-$48M
48.0%
0.0%
—
—
$78M
Mar '24
$214M
-$53M
48.6%
0.0%
—
—
$114M
Dec '23
$223M
-$89M
48.3%
0.0%
—
—
$100M
Sep '23
$231M
-$36M
51.5%
0.0%
—
—
$75M
Jun '23
$245M
-$31M
54.5%
0.0%
—
—
$109M
Mar '23
$252M
-$15M
55.9%
0.0%
—
—
$163M
Dec '22
$270M
-$6M
56.7%
0.0%
—
—
$256M
Sep '22
$260M
-$7M
59.7%
0.0%
—
—
$162M
Jun '22
$251M
$4M
60.5%
0.0%
—
—
$267M
Mar '22
$245M
-$8M
62.1%
0.0%
—
—
$138M
Dec '21
$240M
$17M
61.6%
0.0%
—
—
$97M
Sep '21
$228M
-$6M
63.1%
0.0%
—
—
$111M
Jun '21
$216M
$7M
62.2%
0.0%
—
—
$111M
Valuation over time
How the market has priced HPP 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-sales ratio has risen from 0.4× (Mar '23) to 0.9× (Jun '26).
The dividend yield has fallen from 40.4% (Mar '23) to 0.0% (Jun '26).
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is HPP growing its revenue and profit?
Over the past 5 years, Hudson Pacific Properties, Inc.'s revenue has grown 0.6% per year. These are computed facts, not advice.
How much debt does HPP have?
As of FY2025, Hudson Pacific Properties, Inc. reported — of total debt against $138M of cash.
What is HPP's profit margin?
In FY2025, gross margin was 48.5%, operating margin —, and net margin -71.3%.
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.