Cousins Properties Inc

EDGAR

Annual consolidated revenue for 2025: about USD 993.8M, using the latest reported figures. The previous period, 2024, was about USD 856.8M.

Watchlist

Latest quarter

Revenue

259 million USD

2026 Q3 · USD

Exact inputs and evidence

Operating margin

69.45%

2026 Q3 · %

Exact inputs and evidence
  • Operating Income: 180172000 USD Source
  • Revenue: 259415000 USD Source

Operating cash flow

111 million USD

2026 Q3 · USD

Exact inputs and evidence
  • Operating Cash Flow: 308294000 USD Source
  • Operating Cash Flow: 196985000 USD Source
Cash and cash equivalents
5.21 million USD Source
Exact value

5213000 USD

Long-term debt including current maturities
3.58 billion USD Source
Exact value

3579763000 USD

Shares outstanding
165 million shares Source
Exact value

164600642 shares

Reported share-count change

-2.00% · -3.36 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 167965499 shares · 2025-09-30· Source
  • 164600642 shares · 2026-09-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.05 billion USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Revenue: 993816000 USD · 2025-01-01 – 2025-12-31 Source
  • Revenue: 738782000 USD · 2025-01-01 – 2025-09-30 Source
  • Revenue: 263109000 USD · 2026-01-01 – 2026-03-31 Source
  • Revenue: 268528000 USD · 2026-04-01 – 2026-06-30 Source
  • Revenue: 259415000 USD · 2026-07-01 – 2026-09-30 Source

Net income

14.8 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Net income: 40503000 USD · 2025-01-01 – 2025-12-31 Source
  • Net income: 43970000 USD · 2025-01-01 – 2025-09-30 Source
  • Net income: -24856000 USD · 2026-01-01 – 2026-03-31 Source
  • Net income: 26158000 USD · 2026-04-01 – 2026-06-30 Source
  • Net income: 17000000 USD · 2026-07-01 – 2026-09-30 Source

Operating cash flow

423 million USD

2025-10-01 – 2026-09-30

Exact inputs and evidence
  • Operating cash flow: 402275000 USD · 2025-01-01 – 2025-12-31 Source
  • Operating cash flow: 287803000 USD · 2025-01-01 – 2025-09-30 Source
  • Operating cash flow: 40460000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 196985000 USD · 2026-01-01 – 2026-06-30 Source
  • Operating cash flow: 40460000 USD · 2026-01-01 – 2026-03-31 Source
  • Operating cash flow: 308294000 USD · 2026-01-01 – 2026-09-30 Source
  • Operating cash flow: 196985000 USD · 2026-01-01 – 2026-06-30 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-29.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 8 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 11 of 11 periods available· newest 2025-12-31
  • Total liabilities: 11 of 11 periods available· newest 2025-12-31
  • current assets: No compatible figures in this window
  • current liabilities: No compatible figures in this window
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • Long-term debt including current maturities: 11 of 11 periods available· newest 2025-12-31
  • Shares outstanding: 7 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +16%

    Prior period

    USD 856.76 million

    –

    Current period

    USD 993.82 million

    –

    Exact inputs and evidence

    993816000 − 856758000 = 137058000 USD

    856758000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    993816000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -11.9%

    Prior period

    USD 45.96 million

    –

    Current period

    USD 40.5 million

    –

    Exact inputs and evidence

    40503000 − 45962000 = -5459000 USD

    45962000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    40503000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +0.5%

    Prior period

    USD 400.23 million

    –

    Current period

    USD 402.28 million

    –

    Exact inputs and evidence

    402275000 − 400233000 = 2042000 USD

    400233000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    402275000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 993.82 million 100% of revenue
  • Operating costs Derived USD 320.51 million 32% of revenue
  • Operating income USD 673.31 million 68% of revenue
  • Tax, interest and other Derived USD 632.81 million 64% of revenue
  • Net income USD 40.5 million 4.1% of revenue

Cash

  • Operating cash flow USD 402.28 million 40% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Net income was higher than operating income, so the split is not drawn.
  • 2017 Not shown: operating income or net income is not reported.
  • 2018 Not shown: operating income or net income is not reported.
  • 2019 Not shown: operating income or net income is not reported.
  • 2020 32%34%34%
  • 2021 37%28%35%
  • 2022 22%44%34%
  • 2023 10%56%34%
  • 2024 61%33%
  • 2025 64%32%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31259211000 -1071000 Derived 260282000 181173000 Derived 79109000 Unavailable
Source
2017 2017-01-01 – 2017-12-31466185000 152979000 Derived 313206000 UnavailableUnavailableUnavailable
Source
2018 2018-01-01 – 2018-12-31475212000 149149000 Derived 326063000 UnavailableUnavailableUnavailable
Source
2019 2019-01-01 – 2019-12-31657515000 225725000 Derived 431790000 UnavailableUnavailableUnavailable
Source
2020 2020-01-01 – 2020-12-31740340000 254306000 Derived 486034000 248756000 Derived 237278000 Unavailable
Source
2021 2021-01-01 – 2021-12-31755073000 261353000 Derived 493720000 215134000 Derived 278586000 Unavailable
Source
2022 2022-01-01 – 2022-12-31762290000 260090000 Derived 502200000 335407000 Derived 166793000 Unavailable
Source
2023 2023-01-01 – 2023-12-31802874000 271780000 Derived 531094000 448131000 Derived 82963000 Unavailable
Source
2024 2024-01-01 – 2024-12-31856758000 286434000 Derived 570324000 524362000 Derived 45962000 Unavailable
Source
2025 2025-01-01 – 2025-12-31993816000 320505000 Derived 673311000 632808000 Derived 40503000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 993.8M 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.1B805.0M536.7M268.3M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue259211000
2017Revenue466185000
2018Revenue475212000
2019Revenue657515000
2020Revenue740340000
2021Revenue755073000
2022Revenue762290000
2023Revenue802874000
2024Revenue856758000
2025Revenue993816000

Revenue growth

Change in revenue from the same financial period one year earlier.

16% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.86%65%43%22%0%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year26.8%
2017Year over year79.8%
2018Year over year1.9%
2019Year over year38.4%
2020Year over year12.6%
2021Year over year2%
2022Year over year1%
2023Year over year5.3%
2024Year over year6.7%
2025Year over year16%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 67.8% 2025
Net margin 4.1% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.108%81%54%27%0%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin100.4%
2017Operating margin67.2%
2018Operating margin68.6%
2019Operating margin65.7%
2020Operating margin65.7%
2021Operating margin65.4%
2022Operating margin65.9%
2023Operating margin66.1%
2024Operating margin66.6%
2025Operating margin67.8%
2016Net margin30.5%
2017-12-31Net marginNot reported
2018-12-31Net marginNot reported
2019-12-31Net marginNot reported
2020Net margin32%
2021Net margin36.9%
2022Net margin21.9%
2023Net margin10.3%
2024Net margin5.4%
2025Net margin4.1%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 402.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.434.5M325.8M217.2M108.6M0.0201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow117702000
2017Operating cash flow211649000
2018Operating cash flow229034000
2019Operating cash flow303177000
2020Operating cash flow351088000
2021Operating cash flow389478000
2022Operating cash flow365166000
2023Operating cash flow368362000
2024Operating cash flow400233000
2025Operating cash flow402275000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

47.1% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.51%38%25%13%0%201620212025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016Liabilities / assets39.7%
2017Liabilities / assets32.8%
2018Liabilities / assets32%
2019Liabilities / assets38.1%
2020Liabilities / assets36.7%
2021Liabilities / assets37.1%
2022Liabilities / assets38.3%
2023Liabilities / assets40.4%
2024Liabilities / assets44.7%
2025Liabilities / assets47.1%

Current assets to current liabilities

Current assets divided by current liabilities.

Not enough comparable data to show this history.
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Current assets / current liabilitiesNot reportedNo source recorded
2017-12-31Current assets / current liabilitiesNot reportedNo source recorded
2018-12-31Current assets / current liabilitiesNot reportedNo source recorded
2019-12-31Current assets / current liabilitiesNot reportedNo source recorded
2020-12-31Current assets / current liabilitiesNot reportedNo source recorded
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded
2025-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 79.11 million
Exact value

Exact value: 79109000 USD

2016-01-01 – 2016-12-31: 79109000 USD Inspect Net Income Open source
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USD 117.7 million
Exact value

Exact value: 117702000 USD

2016-01-01 – 2016-12-31: 117702000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
Unavailable Not reported for this period.
USD 211.65 million
Exact value

Exact value: 211649000 USD

2017-01-01 – 2017-12-31: 211649000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
Unavailable Not reported for this period.
USD 229.03 million
Exact value

Exact value: 229034000 USD

2018-01-01 – 2018-12-31: 229034000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
Unavailable Not reported for this period.
USD 303.18 million
Exact value

Exact value: 303177000 USD

2019-01-01 – 2019-12-31: 303177000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
USD 237.28 million
Exact value

Exact value: 237278000 USD

2020-01-01 – 2020-12-31: 237278000 USD Inspect Net Income Open source
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USD 351.09 million
Exact value

Exact value: 351088000 USD

2020-01-01 – 2020-12-31: 351088000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 278.59 million
Exact value

Exact value: 278586000 USD

2021-01-01 – 2021-12-31: 278586000 USD Inspect Net Income Open source
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USD 389.48 million
Exact value

Exact value: 389478000 USD

2021-01-01 – 2021-12-31: 389478000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 166.79 million
Exact value

Exact value: 166793000 USD

2022-01-01 – 2022-12-31: 166793000 USD Inspect Net Income Open source
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USD 365.17 million
Exact value

Exact value: 365166000 USD

2022-01-01 – 2022-12-31: 365166000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 82.96 million
Exact value

Exact value: 82963000 USD

2023-01-01 – 2023-12-31: 82963000 USD Inspect Net Income Open source
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USD 368.36 million
Exact value

Exact value: 368362000 USD

2023-01-01 – 2023-12-31: 368362000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 45.96 million
Exact value

Exact value: 45962000 USD

2024-01-01 – 2024-12-31: 45962000 USD Inspect Net Income Open source
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USD 400.23 million
Exact value

Exact value: 400233000 USD

2024-01-01 – 2024-12-31: 400233000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 40.5 million
Exact value

Exact value: 40503000 USD

2025-01-01 – 2025-12-31: 40503000 USD Inspect Net Income Open source
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USD 402.28 million
Exact value

Exact value: 402275000 USD

2025-01-01 – 2025-12-31: 402275000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

234 filings · 11,845 latest values · 11,845 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0000025232, 25232, CUZ, edgar:25232

Also known as COUSINS PROPERTIES INC, Cousins Properties Inc, Cousins Properties Incorporated