CUZ vs BXP vs VNO Stock Comparison

Cousins Properties, Bxp and Vornado Realty Trust Prices as of Oct 27, 2026 Peers: Industry group
CUZ Cousins Properties Inc
$28.86 +0.7% 1M +8.0% 1Y
Market cap
$4.75B
P/E
739.2x
Revenue (TTM)
$1.03B
Div. yield
4.44%
Office REITs Real Estate
3 wins
BXP BXP, Inc.
$60.92 -3.9% 1M -18.3% 1Y
Market cap
$9.72B
P/E
32.7x
Revenue (TTM)
$3.52B
Div. yield
4.60%
Office REITs Real Estate
6 wins
VNO Vornado Realty Trust
$34.33 -1.1% 1M -12.4% 1Y
Market cap
$6.41B
P/E
1,112x
Revenue (TTM)
$1.83B
Div. yield
2.16%
Office REITs Real Estate
2 wins

Head to Head

11 decided of 12

Bxp leads on 6 of the 12 questions below (Bxp 6, Cousins Properties 3, Vornado Realty Trust 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCUZBXPVNOLeader
Larger companyMarket capitalisation $4.75B $9.72B $6.41B BXP
Cheaper on earningsLower P/E, profitable companies only 739.2x 32.7x 1,112x BXP
Cheaper on forward earningsLower price / next fiscal year consensus EPS 137.4x 30.2x — BXP
Faster revenue growthRevenue growth, trailing twelve months +11.9% +1.9% +1.4% CUZ
More profitableNet margin, trailing twelve months 0.6% 8.4% 0.3% BXP
Better return on capitalReturn on invested capital — — 2.3% –
Less leveragedLower net debt / EBITDA 34.6x 7.5x 7.1x VNO
Higher dividend yieldTrailing dividend yield 4.44% 4.60% 2.16% BXP
Better 1-year returnPrice return, last 12 months +8.0% -18.3% -12.4% CUZ
Better 5-year returnAnnualised price return, 5 years -6.3%/yr -11.8%/yr -4.6%/yr VNO
Less volatileAnnualised volatility, 1 year 27.1% 28.2% 32.7% CUZ
Higher overall scoreMean of the five percentile scores vs peers 29/100 51/100 29/100 BXP

Percentile Scorecard

CUZBXPVNO

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCUZBXPVNO
Valuation 30 #102 of 145 72 #42 of 145 24 #111 of 145
Growth 29 #101 of 141 42 #82 of 141 13 #123 of 141
Profitability 31 #93 of 134 68 #44 of 134 38 #84 of 134
Financial Health 37 #88 of 138 22 #108 of 138 33 #93 of 138
Shareholder Returns 19 #106 of 131 50 #66 of 131 39 #81 of 131
Overall 29 51 29
  • CUZ ranked among 149 companies in Property REITs
  • BXP ranked among 149 companies in Property REITs
  • VNO ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCUZBXPVNOSPY
1 month +0.7%-3.9%-1.1% -0.2%
3 months -9.0%-13.0%-14.3% +3.9%
6 months +12.7%+3.0%+13.3% +8.2%
Year to date +11.9%-9.7%+3.2% +12.9%
1 year +8.0%-18.3%-12.4% +12.3%
3 years +61.4%+16.2%+75.8% +87.4%
3 years, per year +17.3%+5.1%+20.7% +23.3%
5 years -27.6%-46.6%-21.0% +67.9%
5 years, per year -6.3%-11.8%-4.6% +10.9%
10 years -6.2%-49.1%-53.7% +261.1%
10 years, per year -0.6%-6.5%-7.4% +13.7%

Risk

MeasureCUZBXPVNOSPY
Volatility, 1Y 27.1%28.2%32.7% 12.7%
Downside volatility, 1Y 28.8%29.8%33.5% 12.7%
Beta vs S&P 500, 1Y 0.590.670.99 1.00
Return / volatility, 1Y 0.30-0.65-0.38 0.97
Max drawdown, 5Y -58.2%-64.5%-73.6% -25.4%
From 52-week high -10.7%-18.3%-16.1% -1.2%
52-week high $32.30$74.53$40.91 $779.14
52-week low $21.34$51.02$24.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCUZBXPVNO
P/E now vs peer median 739.2xmedian 26.3x 32.7xmedian 26.3x 1,112xmedian 26.3x
P/S now vs peer median 4.6xmedian 4.0x 2.8xmedian 4.0x 3.5xmedian 4.0x
EV/EBITDA now vs peer median 78.6xmedian 14.4x 12.6xmedian 14.4x 13.8xmedian 14.4x
P/FCF now vs peer median -12.8xmedian 23.3x -97.0xmedian 23.3x -15.4xmedian 23.3x
P/B now vs peer median 1.1xmedian 1.3x 1.3xmedian 1.3x 1.1xmedian 1.3x
PEG now vs peer median -11.21median 1.91 -1.39median 1.91 42.32median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCUZBXPVNO
Revenue $1.03B $3.52B $1.83B
Gross profit $704.58M $3.48B –
Operating income -$322.93M $957.71M –
Net income $6.88M $408.55M $49.20M
Free cash flow -$369.91M -$100.19M -$416.33M
EPS (diluted) $0.04 $1.86 $0.03
Cash & equivalents $6.70M $493.95M $675.35M
Total debt $3.73B $14.64B $7.44B
Shares (diluted) 165.29M 159.63M 194.20M
Enterprise value $4.73B $6.93B $3.54B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCUZBXPVNO
P/E 739.2x 32.7x 1,112x
P/FCF -12.8x -97.0x -15.4x
P/Operating cash flow 11.0x 7.6x 16.4x
P/S 4.6x 2.8x 3.5x
P/B 1.1x 1.3x 1.1x
P/Tangible book 1.1x 1.3x 1.1x
EV/EBITDA 78.6x 12.6x 13.8x
EV/EBIT -26.2x 24.9x 32.8x
EV/Revenue 8.2x 6.8x 7.2x
EV/FCF -22.9x -238.2x -31.7x
EV/Operating cash flow 19.6x 18.6x 33.7x
PEG (3Y EPS CAGR) -11.21 -1.39 42.32

Growth

14 metrics
MetricCUZBXPVNO
Revenue growth (1Y) 11.9% 1.9% 1.4%
Revenue CAGR (3Y) 9.1% 3.2% 0.1%
Gross profit growth (1Y) 11.0% 1.9% –
Gross profit CAGR (3Y) 10.2% 3.2% –
Operating income growth (1Y) -45.3% -3.4% –
Operating income CAGR (3Y) -21.9% -1.5% –
Net income growth (1Y) -88.7% 432.8% -94.6%
Net income CAGR (3Y) -64.2% -20.7% 28.4%
EPS growth (1Y) -89.1% 5,891% -99.3%
EPS CAGR (3Y) -65.9% -23.6% 26.3%
Operating cash flow growth (1Y) 4.4% 4.2% -71.9%
Operating cash flow CAGR (3Y) 5.4% 0.1% -19.3%
Free cash flow growth (1Y) 47.5% -303.9% -145.3%
Free cash flow CAGR (3Y) -98.0% 27.3% -66.0%

Profitability

14 metrics
MetricCUZBXPVNO
Gross margin 68.1% 99.0% –
EBITDA margin 10.4% 53.8% 52.0%
Operating margin -31.2% 27.2% –
Pretax margin -48.2% 10.2% 2.9%
Net margin 0.6% 8.4% 0.3%
FCF margin -35.7% -2.8% -22.8%
Operating cash flow margin 41.7% 36.5% 21.4%
Return on equity 0.2% 5.4% 0.7%
Return on assets 0.1% 1.6% 0.3%
Return on invested capital – – 2.3%
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) 62.8x 3.1x 7.9x
Stock comp / revenue 1.6% 1.4% 1.4%

Financial Health

11 metrics
MetricCUZBXPVNO
Debt / assets 41.3% 58.2% 47.7%
Debt / equity 0.8x 1.9x 1.2x
Net debt / EBITDA 34.6x 7.5x 7.1x
Debt / FCF -10.1x -146.1x -17.9x
Liabilities / assets 50.3% 69.3% 61.8%
Equity / assets 49.7% 30.7% 38.2%
Interest coverage -1.8x 1.5x 1.2x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCUZBXPVNO
Dividend yield 4.4% 4.6% 2.2%
Net buyback yield – 0.0% 2.1%
Shareholder yield 4.4% 4.6% 4.2%
Payout ratio (earnings) 3,132% – –
Payout ratio (FCF) -58.2% – –
Dividend growth (1Y) 4.8% – –
Dividend CAGR (3Y) 3.2% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCUZBXPVNO
Forward P/E 137.4xFY2026 30.2xFY2026 –
EPS, next fiscal year $0.21FY2026 $2.02FY2026 $-0.40FY2026
EPS growth, next FY -12.5%FY2026 +16.1%FY2026 -109.5%FY2026
EPS growth, the year after +128.6% -9.9% –
Revenue, next fiscal year $1.04BFY2026 $3.35BFY2026 $1.78BFY2026
Revenue growth, next FY +5.6%FY2026 -3.8%FY2026 -1.9%FY2026
Revenue growth, the year after +10.4% +14.8% +24.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCUZBXPVNO
Held by institutions 100.0% 100.0% 99.2%
Institutions holding 393 548 433
Change in shares held, QoQ +0.6% +5.2% +14.6%
Institutions buying 200 295 233
Institutions selling 139 166 126
Buyers to sellers 1.44 1.78 1.85

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CUZBXPVNO
CUZ 1.00 0.79 0.73
BXP 0.79 1.00 0.82
VNO 0.73 0.82 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CUZ, BXP and VNO?

Bxp (BXP) is the largest by market capitalisation: Cousins Properties (CUZ) $4.75B, Bxp (BXP) $9.72B, Vornado Realty Trust (VNO) $6.41B.

Which stock is cheaper, CUZ, BXP and VNO?

Bxp (BXP) trades on the lowest price-to-earnings ratio (Cousins Properties (CUZ) 739.2x, Bxp (BXP) 32.7x, Vornado Realty Trust (VNO) 1,112x). On next year's consensus earnings, Bxp (BXP) is cheapest (Cousins Properties (CUZ) 137.4x, Bxp (BXP) 30.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cousins Properties (CUZ) grew revenue fastest over the trailing twelve months: Cousins Properties (CUZ) +11.9%, Bxp (BXP) +1.9%, Vornado Realty Trust (VNO) +1.4%.

Which company is more profitable?

Bxp (BXP) has the highest net margin (Cousins Properties (CUZ) 0.6%, Bxp (BXP) 8.4%, Vornado Realty Trust (VNO) 0.3%).

Which stock has performed better?

Over the past year Cousins Properties (CUZ) returned the most: Cousins Properties (CUZ) +8.0%, Bxp (BXP) -18.3%, Vornado Realty Trust (VNO) -12.4%. Over five years, Vornado Realty Trust (VNO) compounded fastest (Cousins Properties (CUZ) -6.3%/yr, Bxp (BXP) -11.8%/yr, Vornado Realty Trust (VNO) -4.6%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bxp (BXP) has the highest dividend yield: Cousins Properties (CUZ) 4.44%, Bxp (BXP) 4.60%, Vornado Realty Trust (VNO) 2.16%.

Which stock is riskier?

By one-year price volatility, Cousins Properties (CUZ) has been the steadiest (Cousins Properties (CUZ) 27.1%, Bxp (BXP) 28.2%, Vornado Realty Trust (VNO) 32.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CUZ, BXP and VNO?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Bxp (BXP) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.