Cousins Properties Inc (CUZ) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Cousins Properties reported revenue of $993.8M, up 16.0% from $856.8M the year before. Net income was $40.5M (a 4.1% net margin), or $0.24 per diluted share. Gross margin was 68.4% and operating margin was 67.8%. Operating activities generated $402.3M of cash, leaving $135.0M of free cash flow. At fiscal year end, Cousins Properties held $8.89B in total assets against $4.19B in total liabilities, including $5.7M of cash and equivalents.
Open the full interactive Cousins Properties financials → Quarterly statements, key ratios, valuation history and price charts.
Cousins Properties Key Stats
| Share Price | $27.82 |
|---|---|
| Market Cap | $4.60B |
| P/E Ratio | 115.9 |
| Revenue YoY Growth | +16.0% |
| 52-Week Range | $20.58 – $31.93 |
| Shares Outstanding | 164.6 million (basic, 2026 Q2) |
Cousins Properties Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $740.3M | $755.1M | $762.3M | $802.9M | $856.8M | $993.8M |
| Cost of Goods Sold | $250.8M | $259.5M | $258.4M | $266.4M | $280.7M | $314.5M |
| Gross Profit | $489.5M | $495.6M | $503.9M | $536.4M | $576.1M | $679.3M |
| Operating Income | $486.0M | $493.7M | $502.2M | $531.1M | $570.3M | $673.3M |
| Pre-Tax Income | $237.3M | $278.6M | $166.8M | $83.0M | $46.0M | $40.5M |
| Net Income | $237.3M | $278.6M | $166.8M | $83.0M | $46.0M | $40.5M |
| Diluted EPS | $1.60 | $1.87 | $1.11 | $0.55 | $0.30 | $0.24 |
Cousins Properties Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $248.3M | $255.0M | $263.1M | $268.5M |
| Net Income | $8.6M | -$3.5M | -$24.9M | $26.2M |
| Diluted EPS | $0.05 | -$0.02 | -$0.15 | $0.16 |
Cousins Properties Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $4.3M | $8.9M | $5.1M | $6.0M | $7.3M | $5.7M |
| Total Assets | $7.11B | $7.31B | $7.54B | $7.63B | $8.80B | $8.89B |
| Total Long-Term Debt | $2.16B | $2.24B | $2.33B | $2.46B | $3.10B | $3.34B |
| Total Liabilities | $2.61B | $2.71B | $2.89B | $3.09B | $3.93B | $4.19B |
| Shareholders' Equity | $4.47B | $4.57B | $4.63B | $4.52B | $4.85B | $4.68B |
Cousins Properties Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $351.1M | $389.5M | $365.2M | $368.4M | $400.2M | $402.3M |
| Cash From Investing | -$132.5M | -$191.1M | -$334.5M | -$295.7M | -$1.31B | -$425.7M |
| Cash From Financing | -$230.1M | -$194.4M | -$35.7M | -$71.7M | $906.5M | $21.8M |
| Free Cash Flow | — | — | — | — | $147.5M | $135.0M |
Figures from Cousins Properties' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Cousins Properties financials page for every line item.
Cousins Properties Company Profile
| Ticker | CUZ |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | Atlanta, Georgia |
| Incorporated in | Georgia |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000025232 |
Frequently Asked Questions
What was Cousins Properties' revenue in fiscal 2025?
Cousins Properties (CUZ) reported revenue of $993.8M for fiscal 2025.
What is Cousins Properties' annual revenue history?
Cousins Properties' annual revenue by fiscal year: 2020: $740.3M; 2021: $755.1M; 2022: $762.3M; 2023: $802.9M; 2024: $856.8M; 2025: $993.8M.
What was Cousins Properties' net income in fiscal 2025?
Cousins Properties reported net income of $40.5M for fiscal 2025.
What was Cousins Properties' earnings per share (EPS) in fiscal 2025?
Cousins Properties' diluted EPS was $0.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Cousins Properties generate in fiscal 2025?
Cousins Properties generated $135.0M of free cash flow in fiscal 2025.
What was Cousins Properties' revenue last quarter?
In its most recent reported quarter (2026 Q2), Cousins Properties reported revenue of $268.5M.
How much debt does Cousins Properties have?
Cousins Properties reported $3.34B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Cousins Properties are outstanding?
Cousins Properties reported a weighted average of 164.6 million basic shares outstanding in 2026 Q2.
What is Cousins Properties' market cap?
Based on its latest closing price, Cousins Properties (CUZ) has a market capitalization of about $4.60B.
When does Cousins Properties' fiscal year end?
Cousins Properties' fiscal year end, as registered with the SEC, is December 31.
Where is Cousins Properties headquartered?
Cousins Properties lists its business address in Atlanta, Georgia in its SEC filings.