COUSINS PROPERTIES INC

CUZ ·Real Estate, REIT - Diversified, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $993.8M $856.8M $802.9M $762.3M $755.1M $740.3M $657.5M
Cost of Revenue $314.5M $280.7M $266.4M $258.4M $259.5M $250.9M $222.1M
Gross Profit $679.3M $576.1M $536.4M $503.9M $495.6M $489.5M $435.4M
Gross Margin 68.4% 67.2% 66.8% 66.1% 65.6% 66.1% 66.2%
Operating Expenses
Research & Development
SG&A Expense
Operating Income $673.3M $570.3M $531.1M $502.2M $493.7M $486.0M $431.8M
Operating Margin 67.8% 66.6% 66.1% 65.9% 65.4% 65.7% 65.7%
Interest Expense $159.2M $122.5M $105.5M $72.5M $67.0M $60.6M $54.0M
Pretax Income
Income Tax Expense
Net Income $40.5M $46.0M $83.0M $166.8M $278.6M $237.3M $152.7M
Net Margin 4.1% 5.4% 10.3% 21.9% 36.9% 32.0% 23.2%
EPS (Basic) $0.24 $0.30 $0.55 $1.11 $1.87 $1.60 $1.17
EPS (Diluted) $0.24 $0.30 $0.55 $1.11 $1.87 $1.60 $1.17
Shares Outstanding (Basic) 168.0M 167.9M 153.4M 151.7M 150.1M 148.7M 148.3M 128.1M
Shares Outstanding (Diluted) 168.0M 168.7M 154.0M 152.0M 150.4M 148.9M 148.6M 129.8M
Dividends Per Share $1.28 $1.28 $1.28 $1.28 $1.24 $1.20 $1.16
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