CUZ (Cousins Properties) Debt-to-EBITDA : 7.42 (As of Mar. 2026) — 58% Above Median

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CUZ Cousins Properties Inc CUZ
73 GF Score
Price $31.76
GF Value $27.90
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Cousins Properties Debt-to-EBITDA?

Cousins Properties CUZ -0.90% 73 Debt-to-EBITDA is 7.42 as of Mar. 2026, which is 58% above its 10-year median of 4.69. GuruFocus rates CUZ with a GF Score™ of 73/100 and a GF Value™ of $27.90 (Modestly Overvalued). The stock has 12 warning signs investors should review. Among 579 REITs companies, Cousins Properties ranks worse than 50.43% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cousins Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Cousins Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3,823 Mil. Cousins Properties's annualized EBITDA for the quarter that ended in Mar. 2026 was $515 Mil. Cousins Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 7.42.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Cousins Properties's Debt-to-EBITDA or its related term are showing as below:

CUZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.52   Med: 4.69   Max: 9.51
Current: 6.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cousins Properties was 9.51. The lowest was 3.52. And the median was 4.69.

CUZ's Debt-to-EBITDA is ranked worse than
50.43% of 579 companies
in the REITs industry
Industry Median: 6.5 vs CUZ: 6.54

Cousins Properties  (NYSE:CUZ) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Cousins Properties Debt-to-EBITDA Related Terms


Cousins Properties Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cousins Properties's Debt-to-EBITDA 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.

Cousins Properties Debt-to-EBITDA Chart

Cousins Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 4.46 4.98 5.89 5.51

Cousins Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 4.80 5.72 5.40 5.80 7.42

CUZ vs KRC, CDP, SLG: Debt-to-EBITDA Comparison

For the REIT - Office subindustry, Cousins Properties's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Cousins Properties Debt-to-EBITDA vs REITs Industry

For the REITs industry and Real Estate sector, Cousins Properties's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cousins Properties's Debt-to-EBITDA falls into.


CUZ
73GF Score
Cousins Properties Inc CUZ
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cousins Properties Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Cousins Properties's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3391) / 615.852
=5.51

Cousins Properties's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 3822.521) / 515.348
=7.42

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 7.42 mean?
Cousins Properties (CUZ) has a Debt-to-EBITDA of 7.42 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cousins Properties. This is 58% above median its historical median of 4.69. Over the past decade, Cousins Properties' Debt-to-EBITDA has ranged from 3.52 to 9.51. According to the industry distribution chart, Cousins Properties ranks #292 out of 579 companies in the REITs industry, placing it in the top 50.4%.
Is Cousins Properties' Debt-to-EBITDA too high?
Cousins Properties' current Debt-to-EBITDA of 7.42 is 58% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 3.52 to a high of 9.51. The REITs industry median Debt-to-EBITDA is 6.50. Cousins Properties' value of 7.42 is 14.2% above this industry median. Based on the distribution chart, Cousins Properties ranks #292 out of 579 companies in the REITs industry, which is below the industry midpoint. Overall, Cousins Properties has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cousins Properties' Debt-to-EBITDA compare to KRC and CDP?
According to the REITs industry distribution chart, Cousins Properties ranks #292 out of 579 companies for Debt-to-EBITDA. This places Cousins Properties in the lower half of its industry. The industry median Debt-to-EBITDA is 6.50. Cousins Properties' value of 7.42 is 14.2% above this benchmark. Historically, Cousins Properties' own Debt-to-EBITDA has ranged from 3.52 to 9.51 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 6.50, Cousins Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a REITs company?
The median Debt-to-EBITDA among REITs companies is 6.50, based on 579 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cousins Properties's current Debt-to-EBITDA of 7.42 is 14.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cousins Properties. For the REITs industry, the median Debt-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cousins Properties's current Debt-to-EBITDA is 7.42, which is 58% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cousins Properties stock overvalued right now?
Based on GuruFocus' analysis, Cousins Properties (CUZ) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.90, compared to a current price of $31.76 — trading 13.8% above its estimated fair value. The current Debt-to-EBITDA is 7.42, which is 58% above median its 10-year median of 4.69 and 14.2% above the REITs industry median of 6.50. Cousins Properties' overall GF Score™ is 73/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cousins Properties (CUZ), the current Debt-to-EBITDA is 7.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cousins Properties (CUZ) Overvalued in 2026?

Based on GuruFocus' analysis, Cousins Properties stock appears to be overvalued. The current stock price of $31.76 is trading 13.8% above its estimated GF Value™ of $27.90. GuruFocus considers Cousins Properties to be Modestly Overvalued.

Key valuation signals for CUZ:

  • Debt-to-EBITDA: 7.42 (58% above median its 10-year median of 4.69)
  • GF Value™: $27.90 vs. price of $31.76 (13.8% above fair value)
  • GF Score™: 73/100 with 12 warning signs
  • Industry Position: 14.2% above the REITs median (#292 of 579)

No single metric tells the full story. See the CUZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cousins Properties Business Description

Industry Real EstateREITs
Other Exchanges CPZ1:Germany
Address 3344 Peachtree Road NE, Suite 1800, Atlanta, GA, USA, 30326-4802
Cousins Properties Inc is a real estate investment trust principally involved in the ownership, management, and development of properties in the Southern United States. Cousins Properties' real estate portfolio mainly comprises offices and mixed-use developments that encompass both apartment and retail space. Offices make up the vast majority of the portfolio in terms of total square footage. The segments operates in following geographical areas: Atlanta, Austin, Charlotte, Dallas, Phoenix, Tampa, and other markets. The company derives nearly all of its revenue in the form of rental income from its properties, the majority of which comes from its office locations. A diverse set of tenants in the cities of Houston and Atlanta represent the company's key markets.
73GF Score

Get the complete analysis for CUZ

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.76
Price
$27.90
GF Value