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Hudson Pacific Properties (Hudson Pacific Properties) ROE % : -12.09% (As of Dec. 2023)


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What is Hudson Pacific Properties ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Hudson Pacific Properties's annualized net income for the quarter that ended in Dec. 2023 was $-378.2 Mil. Hudson Pacific Properties's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $3,128.5 Mil. Therefore, Hudson Pacific Properties's annualized ROE % for the quarter that ended in Dec. 2023 was -12.09%.

The historical rank and industry rank for Hudson Pacific Properties's ROE % or its related term are showing as below:

HPP' s ROE % Range Over the Past 10 Years
Min: -5.45   Med: 0.74   Max: 2.77
Current: -5.42

During the past 13 years, Hudson Pacific Properties's highest ROE % was 2.77%. The lowest was -5.45%. And the median was 0.74%.

HPP's ROE % is ranked worse than
82% of 800 companies
in the REITs industry
Industry Median: 4.195 vs HPP: -5.42

Hudson Pacific Properties ROE % Historical Data

The historical data trend for Hudson Pacific Properties's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hudson Pacific Properties ROE % Chart

Hudson Pacific Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 0.06 0.28 -0.99 -5.45

Hudson Pacific Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.80 -1.82 -3.87 -4.14 -12.09

Competitive Comparison of Hudson Pacific Properties's ROE %

For the REIT - Office subindustry, Hudson Pacific Properties's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hudson Pacific Properties's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hudson Pacific Properties's ROE % distribution charts can be found below:

* The bar in red indicates where Hudson Pacific Properties's ROE % falls into.



Hudson Pacific Properties ROE % Calculation

Hudson Pacific Properties's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-173.889/( (3305.104+3078.014)/ 2 )
=-173.889/3191.559
=-5.45 %

Hudson Pacific Properties's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-378.204/( (3178.89+3078.014)/ 2 )
=-378.204/3128.452
=-12.09 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Hudson Pacific Properties  (NYSE:HPP) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-378.204/3128.452
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-378.204 / 893.692)*(893.692 / 8634.426)*(8634.426 / 3128.452)
=Net Margin %*Asset Turnover*Equity Multiplier
=-42.32 %*0.1035*2.76
=ROA %*Equity Multiplier
=-4.38 %*2.76
=-12.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-378.204/3128.452
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-378.204 / -330.292) * (-330.292 / -60.38) * (-60.38 / 893.692) * (893.692 / 8634.426) * (8634.426 / 3128.452)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1451 * 5.4702 * -6.76 % * 0.1035 * 2.76
=-12.09 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Hudson Pacific Properties ROE % Related Terms

Thank you for viewing the detailed overview of Hudson Pacific Properties's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hudson Pacific Properties (Hudson Pacific Properties) Business Description

Traded in Other Exchanges
Address
11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a real estate investment trust that acquires, operates, and owns office buildings and media and entertainment properties, such as sound stages, on America's West Coast. The company focuses on developed, urban markets in Northern California, Southern California, and the Pacific Northwest. In terms of total square footage, the vast majority of Hudson Pacific's real estate portfolio is composed of office properties located in the Greater Seattle, San Francisco, and Los Angeles areas. The company operates in two reportable segments; office properties & related operations; and studio properties & related operations. The majority of revenue is derived from the office properties & related operations segment.
Executives
Arthur X. Suazo officer: EVP, Leasing 11601 WILSHIRE BOULEVARD, 6TH FLOOR, LOS ANGELES CA 90025
Drew Gordon officer: Chief Investment Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Harout Krikor Diramerian officer: Chief Accounting Officer C/O HUDSON PACIFIC PROPERTIES, INC., 11601 WILSHIRE BLVD. SUITE 1600, LOS ANGELES CA 90025
Barry A Sholem director 2121 AVENUE OF THE STARS, LOS ANGELES CA 90067
Victor J Coleman director, officer: Chief Executive Officer HUDSON PACIFIC PROPERTIES INC., 11601 WILSHIRE BLVD SUITE 1600, LOS ANGELES CA 90025
Andy Wattula officer: Chief Operating Officer 11601 WILSHIRE BLVD., 9TH FLOOR, LOS ANGELES CA 90025
Mark T Lammas officer: Chief Financial Officer 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Mark David Linehan director 5330 DEBBIE ROAD, SUITE 100, SANTA BARBARA CA 93111
Harris Robert L Ii director C/O ACACIA RESEARCH CORP, 500 NEWPORT CENTER DRIVE, 7TH FLOOR, NEWPORT BEACH CA 92660
Jonathan M Glaser director 11601 WILSHIRE BLVD., SUITE 2180, LOS ANGELES CA 90025
Erinn Burnough director LANSDOWNE HOUSE, LANSDOWNE ROAD, FLAT 11, LONDON X0 W11 3LP
Christopher James Barton officer: EVP,Operations and Development 11601 WILSHIRE BLVD., SUITE 1600, LOS ANGELES CA 90025
Richard B Fried director, 10 percent owner, other: Member of Group Owning 10% C/O FARALLON CAPITAL MANAGEMENT, L.L.C., ONE MARITIME PLAZA, SUITE 2100, SAN FRANCISCO CA 94111
Barry Alan Porter director C/O CLARITY PARTNERS, 100 N. CRESCENT DR, SUITE 300, BEVERLY HILLS CA 90210
Karen Brodkin director 1136 GALLOWAY STREET, PACIFIC PALISADES CA 90272