HPP vs CUZ vs ARE Stock Comparison

Hudson Pacific Properties, Cousins Properties and Alexandria Real Estate Equities Prices as of Oct 26, 2026 Peers: Industry group
CUZ Cousins Properties Inc
$29.18 +1.8% 1M +9.7% 1Y
Market cap
$4.75B
P/E
739.6x
Revenue (TTM)
$1.03B
Div. yield
0.05%
Office REITs Real Estate
5 wins

Head to Head

9 decided of 12

Cousins Properties leads on 5 of the 12 questions below (Cousins Properties 5, Alexandria Real Estate Equities 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHPPCUZARELeader
Larger companyMarket capitalisation $716.17M $4.75B $6.96B ARE
Cheaper on earningsLower P/E, profitable companies only -1.3x 739.6x -4.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 139.0x 27.8x ARE
Faster revenue growthRevenue growth, trailing twelve months +1.8% +11.9% -9.9% CUZ
More profitableNet margin, trailing twelve months — 0.6% -52.0% CUZ
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — 34.6x — –
Higher dividend yieldTrailing dividend yield 0.00% 0.05% 0.09% ARE
Better 1-year returnPrice return, last 12 months -35.7% +9.7% -44.0% CUZ
Better 5-year returnAnnualised price return, 5 years -42.6%/yr -5.8%/yr -26.8%/yr CUZ
Less volatileAnnualised volatility, 1 year 71.9% 27.1% 50.0% CUZ
Higher overall scoreMean of the five percentile scores vs peers — 28/100 39/100 ARE

Percentile Scorecard

HPPCUZARE

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

AxisHPPCUZARE
Valuation 81 #28 of 145 26 #108 of 145 73 #40 of 145
Growth 11 #126 of 142 29 #101 of 142 7 #132 of 142
Profitability – 30 #96 of 136 14 #117 of 136
Financial Health – 38 #87 of 139 74 #37 of 139
Shareholder Returns – 19 #106 of 131 29 #94 of 131
Overall – 28 39
  • HPP ranked among 149 companies in Property REITs
  • CUZ ranked among 149 companies in Property REITs
  • ARE ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodHPPCUZARESPY
1 month -2.3%+1.8%-13.1% -0.8%
3 months -22.2%-9.0%-15.6% +3.5%
6 months +25.6%+16.3%-4.8% +7.0%
Year to date +5.1%+13.2%-11.4% +12.2%
1 year -35.7%+9.7%-44.0% +13.0%
3 years -64.1%+63.2%-52.7% +86.3%
3 years, per year -29.0%+17.7%-22.1% +23.1%
5 years -93.8%-25.8%-78.9% +68.6%
5 years, per year -42.6%-5.8%-26.8% +11.0%
10 years -95.1%-5.1%-59.1% +258.0%
10 years, per year -26.0%-0.5%-8.6% +13.6%

Risk

MeasureHPPCUZARESPY
Volatility, 1Y 71.9%27.1%50.0% 12.7%
Downside volatility, 1Y 69.7%28.9%56.4% 12.7%
Beta vs S&P 500, 1Y 1.220.590.75 1.00
Return / volatility, 1Y -0.500.36-0.88 1.02
Max drawdown, 5Y -97.2%-58.2%-81.9% -25.4%
From 52-week high -35.2%-9.7%-44.3% -1.8%
52-week high $17.57$32.30$77.87 $779.14
52-week low $5.51$21.34$40.41 $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.

MultipleHPPCUZARE
P/E now vs peer median -1.3xmedian 27.4x 747.4xmedian 27.4x -5.2xmedian 27.4x
P/S now vs peer median 0.8xmedian 4.2x 4.6xmedian 4.2x 2.7xmedian 4.2x
EV/EBITDA now vs peer median —median 14.2x 79.1xmedian 14.2x —median 14.2x
P/FCF now vs peer median —median 23.2x -13.0xmedian 23.2x -16.0xmedian 23.2x
P/B now vs peer median —median 1.3x 1.1xmedian 1.3x 0.4xmedian 1.3x
PEG now vs peer median 0.05median 2.11 -11.34median 2.11 0.05median 2.11

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 monthsHPPCUZARE
Revenue $812.79M $1.03B $2.76B
Gross profit – $704.58M –
Operating income – -$322.93M –
Net income -$579.85M $6.88M -$1.39B
Free cash flow – -$369.91M -$473.23M
EPS (diluted) $-8.87 $0.04 $-8.40
Cash & equivalents $80.76M $6.70M $508.86M
Total debt – $3.73B $12.90B
Shares (diluted) 64.46M 165.29M 170.75M
Enterprise value $716.17M $4.73B -$633.23M

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
MetricHPPCUZARE
P/E -1.3x 747.4x -5.2x
P/FCF – -13.0x -16.0x
P/Operating cash flow – 11.1x 6.4x
P/S 0.8x 4.6x 2.7x
P/B – 1.1x 0.4x
P/Tangible book – 1.1x 0.4x
EV/EBITDA – 79.1x –
EV/EBIT – -26.4x –
EV/Revenue 0.8x 8.2x 6.6x
EV/FCF – -23.1x -38.7x
EV/Operating cash flow – 19.7x 15.4x
PEG (3Y EPS CAGR) 0.05 -11.34 0.05

Growth

14 metrics
MetricHPPCUZARE
Revenue growth (1Y) 1.8% 11.9% -9.9%
Revenue CAGR (3Y) -7.5% 9.1% -0.5%
Gross profit growth (1Y) – 11.0% –
Gross profit CAGR (3Y) – 10.2% –
Operating income growth (1Y) – -45.3% –
Operating income CAGR (3Y) – -21.9% –
Net income growth (1Y) -29.3% -88.7% -339.2%
Net income CAGR (3Y) -114.5% -64.2% -74.6%
EPS growth (1Y) 39.2% -89.1% -239.7%
EPS CAGR (3Y) -27.7% -65.9% -100.7%
Operating cash flow growth (1Y) – 4.4% -13.7%
Operating cash flow CAGR (3Y) – 5.4% -9.5%
Free cash flow growth (1Y) – 47.5% 33.5%
Free cash flow CAGR (3Y) – -98.0% 43.5%

Profitability

14 metrics
MetricHPPCUZARE
Gross margin – 68.1% –
EBITDA margin – 10.4% –
Operating margin – -31.2% –
Pretax margin – -48.2% –
Net margin – 0.6% -52.0%
FCF margin – -35.7% -17.1%
Operating cash flow margin – 41.7% 43.0%
Return on equity – 0.2% -6.6%
Return on assets -8.1% 0.1% -3.6%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) – 62.8x -0.9x
Stock comp / revenue – 1.6% 1.5%

Financial Health

11 metrics
MetricHPPCUZARE
Debt / assets – 41.3% 37.9%
Debt / equity – 0.8x 0.7x
Net debt / EBITDA – 34.6x –
Debt / FCF – -10.1x -27.3x
Liabilities / assets 57.6% 50.3% 45.9%
Equity / assets – 49.7% 54.1%
Interest coverage – -1.8x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHPPCUZARE
Dividend yield – 4.4% 6.6%
Net buyback yield – – –
Shareholder yield 0.0% 4.4% 6.6%
Payout ratio (earnings) – 3,132% -43.0%
Payout ratio (FCF) – -58.2% -126.5%
Dividend growth (1Y) – 4.8% -34.4%
Dividend CAGR (3Y) – 3.2% -10.2%

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.

ConsensusHPPCUZARE
Forward P/E – 139.0xFY2026 27.8xFY2026
EPS, next fiscal year $-3.72FY2026 $0.21FY2026 $1.56FY2026
EPS growth, next FY – -12.5%FY2026 –
EPS growth, the year after – +128.6% -150.6%
Revenue, next fiscal year $744.06MFY2026 $1.04BFY2026 $2.71BFY2026
Revenue growth, next FY -10.5%FY2026 +5.6%FY2026 -8.2%FY2026
Revenue growth, the year after -0.8% +10.4% -13.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHPPCUZARE
Held by institutions 100.0% 100.0% 97.2%
Institutions holding 189 393 595
Change in shares held, QoQ +4.8% +0.6% +14.1%
Institutions buying 118 200 336
Institutions selling 52 139 191
Buyers to sellers 2.27 1.44 1.76

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.

HPPCUZARE
HPP 1.00 0.57 0.39
CUZ 0.57 1.00 0.55
ARE 0.39 0.55 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HPP, CUZ and ARE?

Alexandria Real Estate Equities (ARE) is the largest by market capitalisation: Hudson Pacific Properties (HPP) $716.17M, Cousins Properties (CUZ) $4.75B, Alexandria Real Estate Equities (ARE) $6.96B.

Which company is growing faster?

Cousins Properties (CUZ) grew revenue fastest over the trailing twelve months: Hudson Pacific Properties (HPP) +1.8%, Cousins Properties (CUZ) +11.9%, Alexandria Real Estate Equities (ARE) -9.9%.

Which company is more profitable?

Cousins Properties (CUZ) has the highest net margin (Cousins Properties (CUZ) 0.6%, Alexandria Real Estate Equities (ARE) -52.0%).

Which stock has performed better?

Over the past year Cousins Properties (CUZ) returned the most: Hudson Pacific Properties (HPP) -35.7%, Cousins Properties (CUZ) +9.7%, Alexandria Real Estate Equities (ARE) -44.0%. Over five years, Cousins Properties (CUZ) compounded fastest (Hudson Pacific Properties (HPP) -42.6%/yr, Cousins Properties (CUZ) -5.8%/yr, Alexandria Real Estate Equities (ARE) -26.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Alexandria Real Estate Equities (ARE) has the highest dividend yield: Hudson Pacific Properties (HPP) 0.00%, Cousins Properties (CUZ) 0.05%, Alexandria Real Estate Equities (ARE) 0.09%. Hudson Pacific Properties (HPP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cousins Properties (CUZ) has been the steadiest (Hudson Pacific Properties (HPP) 71.9%, Cousins Properties (CUZ) 27.1%, Alexandria Real Estate Equities (ARE) 50.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HPP, CUZ and ARE?

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.