HPP (Hudson Pacific Properties) EBIT: $-396.3 Mil (TTM As of Mar. 2026)


HPP Hudson Pacific Properties Inc HPP
50 GF Score
Price $14.38
GF Value $8.98
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Hudson Pacific Properties EBIT?

Hudson Pacific Properties HPP -0.14% 50 EBIT is $-396.3 Mil as of Mar. 2026. GuruFocus rates HPP with a GF Score™ of 50/100 and a GF Value™ of $8.98 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Hudson Pacific Properties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-12.6 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-396.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hudson Pacific Properties's annualized ROC % for the quarter that ended in Mar. 2026 was -0.75%. Hudson Pacific Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hudson Pacific Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -7.85%.

Hudson Pacific Properties  (NYSE:HPP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hudson Pacific Properties's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-51.904 * ( 1 - 0% )/( (6920.228 + 6863.215)/ 2 )
=-51.904/6891.7215
=-0.75 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7267.968 - 209.382 - ( 138.358 - max(0, 209.382 - 382.973+138.358))
=6920.228

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=7230.301 - 229.078 - ( 138.008 - max(0, 229.078 - 376.948+138.008))
=6863.215

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Hudson Pacific Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-50.248/( ( (405.655 + max(35.233, 0)) + (400.947 + max(9.862, 0)) )/ 2 )
=-50.248/( ( 440.888 + 410.809 )/ 2 )
=-50.248/425.8485
=-11.80 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(210.348 + 0 + 34.267) - (209.382 + 0 + 0)
=35.233

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.508 + 0 + 24.432) - (229.078 + 0 + 0)
=9.862

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hudson Pacific Properties's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-396.336/5050.365
=-7.85 %

* 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.

Hudson Pacific Properties EBIT Related Terms

Hudson Pacific Properties EBIT Historical Data

* Premium members only.

The historical data trend for Hudson Pacific Properties's EBIT 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.

Hudson Pacific Properties EBIT Chart

Hudson Pacific Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.95 133.38 50.51 -202.37 -420.35

Hudson Pacific Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 -41.04 -39.17 -102.34 -242.27 -12.56

HPP vs PSTL, BDN, PDM: EBIT Comparison

For the REIT - Office subindustry, Hudson Pacific Properties's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Hudson Pacific Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hudson Pacific Properties's EV-to-EBIT falls into.


HPP
50GF Score
Hudson Pacific Properties Inc HPP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudson Pacific Properties EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-396.3 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $-396.3 Mil mean?
Hudson Pacific Properties (HPP) has a EBIT of $-396.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hudson Pacific Properties.
Is Hudson Pacific Properties' EBIT too high?
Hudson Pacific Properties' current EBIT is $-396.3 Mil. Overall, Hudson Pacific Properties has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudson Pacific Properties' EBIT compare to PSTL and BDN?
Hudson Pacific Properties' EBIT of $-396.3 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a REITs company?
A good EBIT depends on the REITs industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hudson Pacific Properties. Hudson Pacific Properties's current EBIT is $-396.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudson Pacific Properties stock overvalued right now?
Based on GuruFocus' analysis, Hudson Pacific Properties (HPP) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.98, compared to a current price of $14.38 — trading 60.1% above its estimated fair value. The current EBIT is $-396.3 Mil. Hudson Pacific Properties' overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hudson Pacific Properties (HPP), the current EBIT is $-396.3 Mil 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 Hudson Pacific Properties (HPP) Overvalued in 2026?

Based on GuruFocus' analysis, Hudson Pacific Properties stock appears to be overvalued. The current stock price of $14.38 is trading 60.1% above its estimated GF Value™ of $8.98. GuruFocus considers Hudson Pacific Properties to be Significantly Overvalued.

Key valuation signals for HPP:

  • EBIT: $-396.3 Mil
  • GF Value™: $8.98 vs. price of $14.38 (60.1% above fair value)
  • GF Score™: 50/100 with 5 warning signs

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

Hudson Pacific Properties Business Description

Industry Real EstateREITs
Other Exchanges HP91:Germany
Address 11601 Wilshire Boulevard, Ninth Floor, Los Angeles, CA, USA, 90025
Hudson Pacific Properties Inc is a vertically integrated real estate investment trust offering end-to-end real estate solutions for dynamic tenants in the synergistic, converging and secular growth industries of tech and media. It acquires, repositions, develops and operates sustainable high-quality office studio properties in high-barrier-to-entry tech and media epicenters. Its primary investment markets include Los Angeles, the San Francisco Bay Area, Seattle, New York and Vancouver, British Columbia. Its segments include Office properties and related operations and Studio properties and related operations. The majority of the revenue is derived from Office properties and related operations segment.
50GF Score

Get the complete analysis for HPP

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

$14.38
Price
$8.98
GF Value