Hudson Pacific Properties, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $728.1M | $639.6M | $520.9M | $0 | $0 | $0 | $133.7M | $60.6M |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | $149.1M | $118.0M | $85.5M | $69.0M | — |
| Gross Margin | — | — | — | — | — | — | 51.6% | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $54.5M | $52.4M | $38.5M | $28.3M | $20.0M | $16.5M | $13.0M | $4.5M |
| Operating Income | $136.6M | $89.4M | $47.4M | $48.7M | $28.0M | $14.3M | $13.9M | $10.2M |
| Operating Margin | 18.8% | 14.0% | 9.1% | — | — | — | 10.4% | 16.8% |
| Interest Expense | $90.0M | $76.0M | $50.7M | $25.9M | $25.5M | $19.1M | $17.5M | $8.8M |
| Pretax Income | — | — | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | — | — |
| Net Income | $94.6M | $27.2M | $-16.4M | $10.0M | $-14.8M | $-17.2M | $-10.4M | $-3.3M |
| Net Margin | 13.0% | 4.3% | -3.1% | — | — | — | -7.8% | -5.4% |
| EPS (Basic) | $0.22 | $0.13 | $-0.10 | $0.08 | $-0.14 | $-0.21 | $-0.18 | — |
| EPS (Diluted) | $0.22 | $0.13 | $-0.10 | $0.08 | $-0.14 | $-0.21 | $-0.18 | — |
| Shares Outstanding (Basic) | 307.0M | 212.4M | 171.9M | 131.6M | 110.4M | 83.3M | 67.7M | 44.9M |
| Shares Outstanding (Diluted) | 307.8M | 220.7M | 171.9M | 133.0M | 110.4M | 83.3M | 67.7M | 44.9M |
| Dividends Per Share | $0.50 | $0.40 | $0.29 | $0.25 | $0.25 | $0.25 | $0.25 | $0.10 |