CUZ vs ESRT vs MANU Stock Comparison

Cousins Properties, Empire State Realty Trust and Manchester United 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
5 wins
MANU Manchester United plc
$20.68 +1.5% 1M +13.4% 1Y
Market cap
$3.60B
P/E
–
Revenue (TTM)
$909.31M
Div. yield
–
Entertainment Venues Consumer Discretionary
5 wins

Head to Head

11 decided of 12

Cousins Properties leads on 5 of the 12 questions below (Cousins Properties 5, Manchester United 5, Empire State Realty Trust 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCUZESRTMANULeader
Larger companyMarket capitalisation $4.75B $864.10M $3.60B CUZ
Cheaper on earningsLower P/E, profitable companies only 739.2x 280.0x -61.6x ESRT
Cheaper on forward earningsLower price / next fiscal year consensus EPS 137.4x — — –
Faster revenue growthRevenue growth, trailing twelve months +11.9% +2.0% +5.5% CUZ
More profitableNet margin, trailing twelve months 0.6% 0.4% -6.4% CUZ
Better return on capitalReturn on invested capital — -1.1% 2.6% MANU
Less leveragedLower net debt / EBITDA 34.6x 5.0x 2.4x MANU
Higher dividend yieldTrailing dividend yield 4.44% 3.08% 0.00% CUZ
Better 1-year returnPrice return, last 12 months +8.0% -36.8% +13.4% MANU
Better 5-year returnAnnualised price return, 5 years -6.3%/yr -12.8%/yr +4.9%/yr MANU
Less volatileAnnualised volatility, 1 year 27.1% 36.6% 33.6% CUZ
Higher overall scoreMean of the five percentile scores vs peers 29/100 35/100 46/100 MANU

Percentile Scorecard

CUZESRTMANU

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

AxisCUZESRTMANU
Valuation 30 #102 of 145 78 #33 of 145 30 #31 of 44
Growth 29 #101 of 141 1 #139 of 141 76 #11 of 43
Profitability 31 #93 of 134 26 #99 of 134 53 #20 of 41
Financial Health 37 #88 of 138 57 #60 of 138 24 #36 of 47
Shareholder Returns 19 #106 of 131 13 #114 of 131 –
Overall 29 35 46
  • CUZ ranked among 149 companies in Property REITs
  • ESRT ranked among 149 companies in Property REITs
  • MANU ranked among 48 companies in Gaming and Leisure

Price Performance

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

Returns

PeriodCUZESRTMANUSPY
1 month +0.7%+22.4%+1.5% -0.2%
3 months -9.0%-11.1%-11.5% +3.9%
6 months +12.7%-12.2%+18.3% +8.2%
Year to date +11.9%-22.9%+29.9% +12.9%
1 year +8.0%-36.8%+13.4% +12.3%
3 years +61.4%-37.3%+16.9% +87.4%
3 years, per year +17.3%-14.4%+5.3% +23.3%
5 years -27.6%-49.6%+26.9% +67.9%
5 years, per year -6.3%-12.8%+4.9% +10.9%
10 years -6.2%-74.0%+34.7% +261.1%
10 years, per year -0.6%-12.6%+3.0% +13.7%

Risk

MeasureCUZESRTMANUSPY
Volatility, 1Y 27.1%36.6%33.6% 12.7%
Downside volatility, 1Y 28.8%41.8%32.0% 12.7%
Beta vs S&P 500, 1Y 0.590.320.67 1.00
Return / volatility, 1Y 0.30-1.010.40 0.97
Max drawdown, 5Y -58.2%-65.6%-54.5% -25.4%
From 52-week high -10.7%-36.8%-14.5% -1.2%
52-week high $32.30$7.96$24.19 $779.14
52-week low $21.34$3.93$15.20 $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.

MultipleCUZESRTMANU
P/E now vs peer median 739.2xmedian 26.3x 280.0xmedian 26.3x -61.6xmedian 17.0x
P/S now vs peer median 4.6xmedian 4.0x 1.1xmedian 4.0x 4.0xmedian 1.9x
EV/EBITDA now vs peer median 78.6xmedian 14.4x 10.0xmedian 14.4x 12.9xmedian 10.8x
P/FCF now vs peer median -12.8xmedian 23.3x -2.0xmedian 23.3x 9.9xmedian 11.2x
P/B now vs peer median 1.1xmedian 1.3x 0.5xmedian 1.3x 18.1xmedian 2.4x
PEG now vs peer median -11.21median 1.91 -4.68median 1.91 3.64median 0.56

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 monthsCUZESRTMANU
Revenue $1.03B $784.18M $909.31M
Gross profit $704.58M – -$21.12M
Operating income -$322.93M -$34.52M $30.28M
Net income $6.88M $9.26M -$57.81M
Free cash flow -$369.91M -$437.31M $363.93M
EPS (diluted) $0.04 $0.01 $-0.34
Cash & equivalents $6.70M $85.61M $89.13M
Total debt $3.73B $4.54B $3.96B
Shares (diluted) 165.29M 268.95M 172.43M
Enterprise value $4.73B $1.14B $3.26B

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
MetricCUZESRTMANU
P/E 739.2x 280.0x -61.6x
P/FCF -12.8x -2.0x 9.9x
P/Operating cash flow 11.0x 3.8x 14.2x
P/S 4.6x 1.1x 4.0x
P/B 1.1x 0.5x 18.1x
P/Tangible book 1.1x 0.5x 18.1x
EV/EBITDA 78.6x 10.0x 12.9x
EV/EBIT -26.2x -50.2x 146.2x
EV/Revenue 8.2x 2.2x 4.9x
EV/FCF -22.9x -4.0x 12.2x
EV/Operating cash flow 19.6x 7.6x 17.5x
PEG (3Y EPS CAGR) -11.21 -4.68 3.64

Growth

14 metrics
MetricCUZESRTMANU
Revenue growth (1Y) 11.9% 2.0% 5.5%
Revenue CAGR (3Y) 9.1% 2.9% 5.2%
Gross profit growth (1Y) 11.0% – 24.6%
Gross profit CAGR (3Y) 10.2% – –
Operating income growth (1Y) -45.3% -123.1% 223.3%
Operating income CAGR (3Y) -21.9% -31.0% 62.2%
Net income growth (1Y) -88.7% -86.5% -36.0%
Net income CAGR (3Y) -64.2% -51.3% -19.1%
EPS growth (1Y) -89.1% -92.4% -35.3%
EPS CAGR (3Y) -65.9% -59.8% -16.9%
Operating cash flow growth (1Y) 4.4% -13.3% 128.3%
Operating cash flow CAGR (3Y) 5.4% -0.8% 22.8%
Free cash flow growth (1Y) 47.5% -169.4% 141.3%
Free cash flow CAGR (3Y) -98.0% -149.9% 34.6%

Profitability

14 metrics
MetricCUZESRTMANU
Gross margin 68.1% – -2.3%
EBITDA margin 10.4% 22.1% 37.6%
Operating margin -31.2% -4.4% 3.3%
Pretax margin -48.2% 1.3% -7.0%
Net margin 0.6% 0.4% -6.4%
FCF margin -35.7% -55.8% 40.0%
Operating cash flow margin 41.7% 29.0% 27.8%
Return on equity 0.2% 0.5% -26.5%
Return on assets 0.1% 0.2% -2.8%
Return on invested capital – -1.1% 2.6%
Return on capital employed – – 2.5%
Asset turnover 0.1x 0.2x 0.4x
Cash conversion (OCF / net income) 62.8x 24.6x -4.4x
Stock comp / revenue 1.6% 3.9% 0.0%

Financial Health

11 metrics
MetricCUZESRTMANU
Debt / assets 41.3% 22.4% 44.5%
Debt / equity 0.8x 0.5x 4.6x
Net debt / EBITDA 34.6x 5.0x 2.4x
Debt / FCF -10.1x -2.2x 2.5x
Liabilities / assets 50.3% 58.1% 90.3%
Equity / assets 49.7% 41.9% 9.7%
Interest coverage -1.8x -0.3x 0.5x
Current ratio – – 0.3x
Quick ratio – – 0.2x
Cash ratio – – 0.1x
Altman Z-score – – 0.97

Shareholder Returns

7 metrics
MetricCUZESRTMANU
Dividend yield 4.4% 3.1% –
Net buyback yield – – –
Shareholder yield 4.4% 3.1% 0.0%
Payout ratio (earnings) 3,132% 259.1% –
Payout ratio (FCF) -58.2% -5.5% –
Dividend growth (1Y) 4.8% 2.2% –
Dividend CAGR (3Y) 3.2% 1.9% –

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.

ConsensusCUZESRTMANU
Forward P/E 137.4xFY2026 – –
EPS, next fiscal year $0.21FY2026 $-0.35FY2027 $-0.18FY2027
EPS growth, next FY -12.5%FY2026 -240.0%FY2027 –
EPS growth, the year after +128.6% – –
Revenue, next fiscal year $1.04BFY2026 $758.24MFY2026 $1.07BFY2027
Revenue growth, next FY +5.6%FY2026 -1.3%FY2026 +19.6%FY2027
Revenue growth, the year after +10.4% +4.5% -6.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCUZESRTMANU
Held by institutions 100.0% 83.6% 17.1%
Institutions holding 393 228 125
Change in shares held, QoQ +0.6% +0.4% +5.0%
Institutions buying 200 141 63
Institutions selling 139 51 30
Buyers to sellers 1.44 2.76 2.10

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.

CUZESRTMANU
CUZ 1.00 0.48 0.28
ESRT 0.48 1.00 0.22
MANU 0.28 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CUZ, ESRT and MANU?

Cousins Properties (CUZ) is the largest by market capitalisation: Cousins Properties (CUZ) $4.75B, Empire State Realty Trust (ESRT) $864.10M, Manchester United (MANU) $3.60B.

Which stock is cheaper, CUZ, ESRT and MANU?

Empire State Realty Trust (ESRT) trades on the lowest price-to-earnings ratio (Cousins Properties (CUZ) 739.2x, Empire State Realty Trust (ESRT) 280.0x, Manchester United (MANU) -61.6x). 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%, Empire State Realty Trust (ESRT) +2.0%, Manchester United (MANU) +5.5%.

Which company is more profitable?

Cousins Properties (CUZ) has the highest net margin (Cousins Properties (CUZ) 0.6%, Empire State Realty Trust (ESRT) 0.4%, Manchester United (MANU) -6.4%). On return on invested capital, Manchester United (MANU) leads (Empire State Realty Trust (ESRT) -1.1%, Manchester United (MANU) 2.6%).

Which stock has performed better?

Over the past year Manchester United (MANU) returned the most: Cousins Properties (CUZ) +8.0%, Empire State Realty Trust (ESRT) -36.8%, Manchester United (MANU) +13.4%. Over five years, Manchester United (MANU) compounded fastest (Cousins Properties (CUZ) -6.3%/yr, Empire State Realty Trust (ESRT) -12.8%/yr, Manchester United (MANU) +4.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Cousins Properties (CUZ) has the highest dividend yield: Cousins Properties (CUZ) 4.44%, Empire State Realty Trust (ESRT) 3.08%, Manchester United (MANU) 0.00%. Manchester United (MANU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cousins Properties (CUZ) has been the steadiest (Cousins Properties (CUZ) 27.1%, Empire State Realty Trust (ESRT) 36.6%, Manchester United (MANU) 33.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CUZ, ESRT and MANU?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Cousins Properties (CUZ) leads on 5. 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.