CUZ financial statements
The full income statement, balance sheet, and cash-flow statement for Cousins Properties Incorporated (CUZ), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 994M+16.0% | 857M+6.7% | 803M+5.3% | 762M+1.0% | 755M+2.0% | |
| Cost of revenue | 314M+12.1% | 281M+5.3% | 266M+3.1% | 258M-0.4% | 259M+3.4% | |
| Amortization of intangibles | 10.8M-16.9% | 13.0M-16.1% | 15.5M-27.6% | 21.4M-34.6% | 32.7M-24.1% | |
| Operating income | 673M+18.1% | 570M+7.4% | 531M+5.8% | 502M+1.7% | 494M+1.6% | |
| Interest expense | 159M+30.0% | 122M+16.1% | 105M+45.4% | 72.5M+8.2% | 67.0M+10.6% | |
| Equity-method income | -8.16M-191.8% | -2.80M-221.6% | 2.30M-70.1% | 7.70M+13.2% | 6.80M-14.4% | |
| 40.5M-11.9% | 46.0M-44.6% | 83.0M-50.3% | 167M-40.1% | 279M+17.4% | ||
| Net income to non-controlling interest | 749K+21.0% | 619K-27.4% | 853K+30.8% | 652K+59.0% | 410K-51.0% | |
| Net income to common | 40.5M-11.9% | 46.0M-44.6% | 83.0M-50.3% | 167M-40.1% | 279M+17.4% | |
| $0.24-20.0% | $0.30-45.5% | $0.55-50.5% | $1.11-40.6% | $1.87+16.9% | ||
| EPS (basic) | $0.24-20.0% | $0.30-45.5% | $0.55-50.5% | $1.11-40.6% | $1.87+16.9% | |
| Weighted-avg shares (basic) | 168M+9.5% | 153M+1.1% | 152M+1.1% | 150M+1.0% | 149M+0.3% | |
| Weighted-avg shares (diluted) | 169M+9.5% | 154M+1.3% | 152M+1.1% | 150M+1.0% | 149M+0.2% | |
| Dividends per share | $1.28+0.0% | $1.28+0.0% | $1.28+0.0% | $1.28+3.2% | $1.24+3.3% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 5.72M-22.2% | 7.35M+21.5% | 6.05M+17.5% | 5.14M-42.4% | 8.94M+108.3% | |
| Prepaid expenses | 7.34M+63.4% | 4.49M-48.4% | 8.70M+35.2% | 6.44M-8.0% | 7.00M+14.8% | |
| 8.89B+1.0% | 8.80B+15.3% | 7.63B+1.3% | 7.54B+3.1% | 7.31B+2.9% | ||
| Operating lease right-of-use | 45.1M-0.2% | 45.2M-0.7% | 45.5M-0.7% | 45.8M-0.7% | 46.1M-17.4% | |
| Goodwill | 1.67M+0.0% | 1.67M+0.0% | 1.67M+0.0% | 1.67M+0.0% | 1.67M+0.0% | |
| 4.19B+6.5% | 3.93B+27.4% | 3.09B+6.8% | 2.89B+6.6% | 2.71B+3.8% | ||
| Long-term debt | 3.34B+7.9% | 3.10B+26.0% | 2.46B+5.3% | 2.33B+4.3% | 2.24B+3.5% | |
| Operating lease liability (total) | 50.2M+0.4% | 50.0M+0.4% | 49.8M+0.4% | 49.6M+0.3% | 49.5M-15.6% | |
| Finance lease liability (total) | — | — | 3.60M+0.0% | 3.60M+1.3% | 3.56M+0.0% | |
| 4.68B-3.4% | 4.85B+7.1% | 4.52B-2.2% | 4.63B+1.3% | 4.57B+2.2% | ||
| Common stock | 168M+0.2% | 168M+8.6% | 154M+0.2% | 154M+1.8% | 151M+0.1% | |
| Additional paid-in capital | 5.97B+0.2% | 5.96B+5.7% | 5.64B+0.1% | 5.63B+1.5% | 5.55B+0.1% | |
| Treasury stock | — | 0.00-100.0% | 146M-1.0% | 147M-0.9% | 148M+0.0% | |
| Accumulated other comprehensive income | 0.00+100.0% | -105K-104.8% | 2.19M+24.1% | 1.77M | 0.00 | |
| Non-controlling interest | 22.6M-3.7% | 23.5M-2.8% | 24.2M+13.5% | 21.3M-36.7% | 33.6M+18.4% | |
| Total equity incl. non-controlling | 4.70B-3.4% | 4.87B+7.1% | 4.55B-2.1% | 4.65B+1.0% | 4.60B+2.3% | |
| Total liabilities & equity | 8.89B+1.0% | 8.80B+15.3% | 7.63B+1.3% | 7.54B+3.1% | 7.31B+2.9% | |
| Common shares issued | 168M+0.2% | 168M+8.6% | 154M+0.2% | 154M+1.8% | 151M+0.1% | |
| Common shares outstanding | 168M+0.2% | 168M+10.4% | 152M+0.2% | 151M+1.9% | 149M-1.6% | |
| Shares outstanding (cover) | 168M+0.2% | 168M+10.5% | 152M+0.2% | 152M+1.9% | 149M+0.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 402M+0.5% | 400M+8.7% | 368M+0.9% | 365M-6.2% | 389M+10.9% | ||
| Depreciation & amortization | 415M+13.8% | 365M+15.9% | 315M+6.5% | 296M+2.6% | 288M-0.2% | |
| Intangible amortization | 10.8M-16.9% | 13.0M-16.1% | 15.5M-27.6% | 21.4M-34.6% | 32.7M-24.1% | |
| -426M+67.4% | -1.31B-341.4% | -296M+11.6% | -334M-75.1% | -191M-44.2% | ||
| Capital expenditure | 267M+5.7% | 253M-9.6% | 280M-18.3% | 342M | — | |
| Free cash flow | 135M-8.4% | 148M+66.0% | 88.8M+287.5% | 22.9M | — | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 151M | 0.00 | 0.00 | — | — | |
| 21.8M-97.6% | 906M+1363.8% | -71.7M-101.0% | -35.7M+81.6% | -194M+15.5% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 46.0K | 0.00 | 0.00-100.0% | 103M | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 216M+10.4% | 195M+0.5% | 194M+1.1% | 192M+5.2% | 183M+3.7% | |
| Other financing activities | — | — | — | — | 0.00 | |
| Net change in cash | -1.63M-225.1% | 1.30M+44.3% | 902K+118.0% | -5.02M-224.6% | 4.03M+135.1% | |
| Interest paid | 141M+31.4% | 108M+7.1% | 101M+43.5% | 70.1M+3.1% | 68.0M+8.6% | |
| Income taxes paid | — | 0.00 | 0.00-100.0% | 38.0K-75.5% | 155K-54.8% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 4.33B-15.7% | 5.14B+39.0% | 3.70B-3.5% | 3.83B-36.1% | 5.99B+20.3% | |
| P/E | 106.9×-4.3% | 111.8×+167.0% | 41.9×+238.8% | 12.4×-42.5% | 21.5×+2.5% | |
| P/S | 4.4×-27.3% | 6.0×+29.9% | 4.6×-8.6% | 5.1×-36.3% | 7.9×+18.0% | |
| P/B | 0.9×-12.7% | 1.1×+30.6% | 0.8×-1.6% | 0.8×-37.1% | 1.3×+17.7% | |
| P/FCF | 32.1×-7.9% | 34.8×-78.4% | 161.2×+576.2% | 23.8×-36.1% | 37.3×+20.3% | |
| Earnings yield | 0.94%+4.5% | 0.89%-62.6% | 2.4%-70.5% | 8.1%+74.0% | 4.7%-2.4% | |
| FCF yield | 3.1%+8.6% | 2.9%+362.9% | 0.62%-85.2% | 4.2%+56.4% | 2.7%-16.9% | |
| Dividend yield | 5.0%+18.9% | 4.2%-20.5% | 5.3%+3.9% | 5.1%+64.4% | 3.1%-14.1% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: CUZ’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CUZ filings on SEC EDGAR → Not investment advice.
