Hudson Pacific Properties
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
84.61-121.29107.1575.9345.45-92.85-31.02-32.75-8.40-7.54-1.48-1.48
Price/Sales ratio
7.804.645.777.216.207.104.564.171.361.370.517.10
Price/Book Value ratio
1.671.451.191.441.271.701.061.000.420.420.131.70
Price/Cash Flow ratio
31.3013.8216.8117.9421.0420.1812.1711.893.785.652.4120.18
Price/Free Cash Flow ratio
-39.23-1.48-8.99149.24-30.5021.73-12.5919.755.535.792.72-30.50
Price/Earnings Growth ratio
-0.180.47-0.501.091.000.56-0.3512.61-0.15-0.430.070.56
Dividend Yield
2.41%3.63%3.20%3.02%3.45%2.68%4.18%4.08%12.06%5.77%3.36%2.68%
Profitability Indicator Ratios
Gross Profit Margin
58.85%63.54%64.23%65.18%63.24%63.14%62.75%62.55%59.67%52.26%31.15%63.14%
Operating Profit Margin
19.20%9.09%13.97%18.76%20.41%20.46%16.87%16.98%17.52%0.35%17.83%20.46%
Pretax Profit Margin
9.34%-3.08%6.84%12.98%15.34%6.82%2.04%3.23%-1.60%-17.21%-35.05%6.82%
Net Profit Margin
9.22%-3.82%5.38%9.50%13.64%-7.65%-14.72%-12.75%-16.21%-18.26%-34.35%-7.65%
Effective Tax Rate
110.86%-338.62%198.57%125.17%36.05%212.10%821.48%494.25%-907.55%-4.14%-2.64%212.10%
Return on Assets
0.99%-0.31%0.51%1.04%1.40%-0.83%-1.41%-1.27%-1.78%-2.09%-3.39%-0.83%
Return On Equity
1.98%-1.19%1.11%1.90%2.80%-1.83%-3.42%-3.05%-5.03%-5.64%-9.07%-1.83%
Return on Capital Employed
2.15%0.76%1.36%2.11%2.15%2.30%1.67%1.75%1.98%0.04%1.84%2.30%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A1.07N/A
Quick Ratio
0.921.661.641.532.352.182.413.142.900.961.072.18
Cash ratio
0.220.550.660.470.300.210.480.310.960.250.240.21
Days of Sales Outstanding
70.9455.9053.7155.4978.3592.94112.35108.11105.5394.0598.1378.35
Days of Inventory outstanding
289.76450.6498.58336.4719.7014.5643.651.714.33N/AN/A14.56
Operating Cycle
360.70506.55152.30391.9698.05107.50156.01109.82109.8794.0598.1398.05
Days of Payables Outstanding
128.97156.98182.98233.36239.00255.27274.86324.32232.94163.14N/A255.27
Cash Conversion Cycle
231.73349.56-30.67158.59-140.94-147.76-118.85-214.49-123.06-69.0898.13-140.94
Debt Ratios
Debt Ratio
0.390.360.400.360.390.390.430.430.500.480.030.39
Debt Equity Ratio
0.771.350.860.660.790.861.031.041.421.300.090.86
Long-term Debt to Capitalization
0.430.570.460.380.440.460.500.500.560.55N/A0.46
Total Debt to Capitalization
0.430.570.460.390.440.460.500.510.580.560.080.46
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.79N/A
Cash Flow to Debt Ratio
0.060.070.080.120.070.090.080.080.070.050.580.07
Company Equity Multiplier
1.983.752.151.821.992.182.412.402.812.692.741.99
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.240.330.340.400.290.350.370.350.360.240.210.35
Free Cash Flow / Operating Cash Flow Ratio
-0.79-9.32-1.860.12-0.680.92-0.960.600.680.970.88-0.68
Cash Flow Coverage Ratio
0.060.070.080.120.070.090.080.080.070.050.580.07
Short Term Coverage Ratio
N/AN/AN/A2.9624.491.47K73.202.510.951.200.581.47K
Dividend Payout Ratio
204.29%-441.16%343.66%229.94%157.28%-249.50%-129.75%-133.69%-101.40%-43.56%-27.44%-27.44%