Hudson Pacific Properties (HPP) Operating Margin (2010 - 2025)
Hudson Pacific Properties' (HPP) quarterly Operating Margin came in at 12.21% in Q4 2025, up 8799.0% year-on-year from 0.14% in Q4 2024, and up 60.37% quarter-over-quarter from 30.82% in Q3 2025.
Hudson Pacific Properties (HPP) Operating Margin (2010 - 2025) Analysis & Trends
Hudson Pacific Properties has disclosed Operating Margin across 16 years of filings, most recently posting 12.21% for Q4 2025.
- Operating Margin for Q4 2025 came in at 12.21%, up 8799.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 31.47% (up 1941.0% YoY), and the FY2025 annual result was 39.53%, up 221.0% from the prior year.
- Operating Margin came in at 12.21% for Q4 2025 at Hudson Pacific Properties, up from 30.82% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 10.14% in Q4 2022 to a low of 100.21% in Q4 2024.
- The 5-year median for Operating Margin is 24.02% (2022), against an average of 29.59%.
- Across the five-year window, Operating Margin slumped 10994 bps in 2024 and surged 8799 bps in 2025, its largest moves.
- Hudson Pacific Properties' Operating Margin stood at 20.72% in 2021, then soared by 149 bps to 10.14% in 2022, then retreated by 4 bps to 9.74% in 2023, then plunged by 1129 bps to 100.21% in 2024, then jumped by 88 bps to 12.21% in 2025.
- The last three Operating Margin figures came in at 12.21% (Q4 2025), 30.82% (Q3 2025), and 40.59% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | - |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | -39.74% |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | -5,571.50% |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | 75.60% |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 26.30% |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | - |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | -10.17% |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 15.48% |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | -26.88% |
| 10 | Hudson Pacific Properties | 694.81 Mn | 559.25 Mn | 177.23 Mn | -12.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -12.21% |
| Sep 30, 2025 | -30.82% |
| Jun 30, 2025 | -40.59% |
| Mar 31, 2025 | -48.17% |
| Dec 31, 2024 | -100.21% |
| Sep 30, 2024 | -49.98% |
| Jun 30, 2024 | -18.67% |
| Mar 31, 2024 | -36.18% |
| Dec 31, 2023 | 9.74% |
| Sep 30, 2023 | -47.10% |
| Jun 30, 2023 | -38.99% |
| Mar 31, 2023 | -34.17% |
| Dec 31, 2022 | 10.14% |
| Sep 30, 2022 | -24.03% |
| Jun 30, 2022 | -24.01% |
| Mar 31, 2022 | -21.85% |
| Dec 31, 2021 | -20.72% |
| Sep 30, 2021 | -20.67% |
| Jun 30, 2021 | -22.65% |
| Mar 31, 2021 | -20.70% |