Employees: 607
Size Hudson Pacific Properties (HPP) is a United States Real Estate company (Real Estate Investment Trusts) with a market value of $471M, the 2740th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.49 on 6 Nov 2026.
Performance Over six months the shares fell 22.5%, against -14.8% for the median peer and -1.1% for the United States market (cap-weighted) — 6th lowest of 21 in its peer set.
Growth Revenue grew 2.5% over the last twelve months (peer median +8.3%); the operating margin is -0.9% (peer median 49.0%).
Valuation It trades at 0.19× book value against a peer median of 0.75× (cheapest of 20).
Price implies The share price implies a return on equity of about 5.3%; Hudson Pacific Properties delivers -17.8%, so the price asks more than the business earns today.
Credit Hudson Pacific Properties has 4 bonds outstanding ($1.45B), rated B+ by the agencies and trading like CCC+ at a weighted spread of 453 bp.
Short interest Short interest is 12.0% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $819M | $835M | $841M | $950M | $1.02B |
| Revenue growth | — | -1% | -11% | -7% | — |
| Gross profit | $49.5M | $28.4M | $33.6M | $104M | $239M |
| EBITDA | $353M | $334M | $306M | $424M | $531M |
| Net income | -$552M | -$552M | -$343M | -$171M | -$35.5M |
| Free cash flow | $117M | $104M | $142M | $229M | $353M |
| Capital expenditure | $16.5M | $22.1M | $23.1M | $5.74M | $20.2M |
| Total debt | $3.75B | $3.78B | $4.64B | $4.43B | $5.12B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | HPP | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -28.5% | -2.0% | lowest of 21 |
| 6-month return | -22.5% | -14.8% | 6th lowest of 21 |
| Return on equity | -17.8% | 5.4% | lowest of 20 |
| Price / book | 0.19× | 0.75× | cheapest of 20 |
| ROE the price implies | 5.3% | 5.1% | 9th most demanding of 20 |
| ROE delivered | -17.8% | 4.2% | lowest of 18 |
| Bond spread | 453 bp | n/a | — |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| Hudson Pacific Properties HPP | United States | $471M | -22% | +3% | -18% | 0.19× | 5.3% | -17.8% |
| NewRiver REIT NRR.L | United Kingdom | $470M | +6% | +45% | 7% | 0.75× | 8.8% | 6.7% |
| Franklin BSP Realty Trust FBRT | United States | $469M | -32% | -1% | 1% | 0.43× | 6.3% | 1.1% |
| Sunlight Real Estate Investment Trust 0435.HK | Hong Kong | $481M | -10% | -5% | -2% | 0.31× | 4.3% | -1.8% |
| MIRARTH Real Estate Investment 3492.T | Japan | $461M | -18% | +35% | 5% | 0.73× | 3.7% | 5.5% |
| One Liberty Properties OLP | United States | $461M | -10% | +11% | 8% | 1.47× | 12.5% | n/a |
| Testa Residencial Socimi YTST.MC | Spain | $482M | +13% | -2% | 10% | 0.42× | 4.1% | 9.5% |
| CRE Logistics REIT 3487.T | Japan | $460M | -23% | +23% | 5% | 0.89× | 4.2% | 5.4% |
| China Southern SF Express Closed Infrastructure REIT 180305.SZ | China | $490M | -12% | n/a | 1% | 1.01× | 5.1% | 1.2% |
| Gladstone Commercial GOOD | United States | $497M | -21% | +11% | 5% | 3.36× | 27.5% | 5.4% |
| Shinhan Alpha REIT 293940.KS | South Korea | $497M | -8% | +45% | 3% | 1.09× | 5.7% | 3.1% |
| Automotive Properties Real Estate Investment Trust APR-UN.TO | Canada | $499M | +11% | +18% | 9% | 0.96× | 5.1% | 9.1% |
| Living REIT LIVE.L | United Kingdom | $443M | 0% | +5% | 4% | 0.75× | 6.8% | 4.2% |
| One REIT 3290.T | Japan | $435M | -10% | 0% | 6% | 0.91× | 4.4% | 6.4% |
| TPG RE Finance Trust TRTX | United States | $512M | -21% | +6% | 4% | 0.50× | 7.7% | 4.1% |
| ESR Kendall Square REIT 365550.KS | South Korea | $513M | -37% | +11% | 1% | 0.63× | 4.6% | 0.6% |
| Adamas Trust ADAM | United States | $514M | -36% | +35% | 0% | 0.70× | 9.0% | -0.1% |
| MIRAI 3476.T | Japan | $431M | -23% | -22% | 6% | 0.77× | 3.8% | 5.8% |
| Mirae Asset Maps Realty Real Estate Public Investment 094800.KS | South Korea | $424M | -17% | n/a | n/a | n/a | n/a | n/a |
| Yuexiu Real Estate Investment Trust 0405.HK | Hong Kong | $424M | -19% | -11% | -3% | 0.20× | 4.3% | -3.3% |
| Alpha Integrated Real Estate Investment Trust M1GU.SI | Singapore | $423M | -1% | +6% | 11% | 0.91× | 3.9% | n/a |
Hudson Pacific Properties has 4 bonds outstanding with $1.45B face value. The agencies rate it B+; its bonds trade like CCC+. Weighted yield 9.01%, a spread of 453 bp over government bonds.