Hudson Pacific Properties Inc
Hudson Pacific Properties (NYSE: HPP) is a real estate investment trust serving dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries. Hudson Pacific's unique and high-barrier tech and media focus leverages a full-service, end-to-end value creation platform forged through deep strategic relationships and niche expertise across identify… Read more
Hudson Pacific Properties Inc (HPP) - Net Assets
Latest net assets as of September 2025: $3.48 Billion USD
Based on the latest financial reports, Hudson Pacific Properties Inc (HPP) has net assets worth $3.48 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.80 Billion) and total liabilities ($4.31 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.48 Billion |
| % of Total Assets | 44.67% |
| Annual Growth Rate | 25.89% |
| 5-Year Change | -22.66% |
| 10-Year Change | -14.44% |
| Growth Volatility | 72.9 |
Hudson Pacific Properties Inc - Net Assets Trend (2007–2024)
This chart illustrates how Hudson Pacific Properties Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hudson Pacific Properties Inc (2007–2024)
The table below shows the annual net assets of Hudson Pacific Properties Inc from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $3.17 Billion | -10.80% |
| 2023-12-31 | $3.55 Billion | -8.35% |
| 2022-12-31 | $3.87 Billion | -10.44% |
| 2021-12-31 | $4.33 Billion | +5.63% |
| 2020-12-31 | $4.10 Billion | +6.81% |
| 2019-12-31 | $3.83 Billion | -3.00% |
| 2018-12-31 | $3.95 Billion | +0.81% |
| 2018-02-15 | $3.92 Billion | +0.26% |
| 2017-12-31 | $3.91 Billion | +5.62% |
| 2016-12-31 | $3.70 Billion | -0.70% |
| 2015-12-31 | $3.73 Billion | +192.47% |
| 2014-12-31 | $1.28 Billion | +15.61% |
| 2013-12-31 | $1.10 Billion | +22.92% |
| 2012-12-31 | $897.22 Million | +30.28% |
| 2011-12-31 | $688.67 Million | +14.42% |
| 2010-12-31 | $601.86 Million | +165.62% |
| 2009-12-31 | $226.59 Million | +8.21% |
| 2008-12-31 | $209.40 Million | +231.32% |
| 2007-12-31 | $63.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hudson Pacific Properties Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.40 Million | 0.05% |
| Other Comprehensive Income | $-8.42 Million | -0.29% |
| Other Components | $2.86 Billion | 100.25% |
| Total Equity | $2.86 Billion | 100.00% |
Hudson Pacific Properties Inc Competitors by Market Cap
The table below lists competitors of Hudson Pacific Properties Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HCR Co Ltd
SHG:688500
|
$339.58 Million |
|
Atrium Mortgage Investment Corporation
PINK:AMIVF
|
$339.62 Million |
|
Chrysos Corporation Ltd
AU:C79
|
$339.66 Million |
|
SRI TRANG AGR.-FOR- BA 1
F:YTAA
|
$339.67 Million |
|
BLS International Services Limited
NSE:BLS
|
$339.56 Million |
|
Metrogas SA
BA:METR
|
$339.47 Million |
|
JPPPF
PINK:JPPPF
|
$339.45 Million |
|
SK Networks Co Ltd
KO:001740
|
$339.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hudson Pacific Properties Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,078,014,000 to 2,855,470,000, a change of -222,544,000 (-7.2%).
- Net loss of 343,343,000 reduced equity.
- Dividend payments of 36,177,000 reduced retained earnings.
- Share repurchases of 571,000 reduced equity.
- Other comprehensive income decreased equity by 8,230,000.
- Other factors increased equity by 165,777,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-343.34 Million | -12.02% |
| Dividends Paid | $36.18 Million | -1.27% |
| Share Repurchases | $571.00K | -0.02% |
| Other Comprehensive Income | $-8.23 Million | -0.29% |
| Other Changes | $165.78 Million | +5.81% |
| Total Change | $- | -7.23% |
Book Value vs Market Value Analysis
This analysis compares Hudson Pacific Properties Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 24.73x to 0.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $0.26 | $6.32 | x |
| 2008-12-31 | $72.22 | $6.32 | x |
| 2009-12-31 | $76.99 | $6.32 | x |
| 2010-12-31 | $158.15 | $6.32 | x |
| 2011-12-31 | $148.92 | $6.32 | x |
| 2012-12-31 | $141.24 | $6.32 | x |
| 2013-12-31 | $127.29 | $6.32 | x |
| 2014-12-31 | $124.11 | $6.32 | x |
| 2015-12-31 | $135.71 | $6.32 | x |
| 2016-12-31 | $196.82 | $6.32 | x |
| 2017-12-31 | $165.48 | $6.32 | x |
| 2018-12-31 | $159.32 | $6.32 | x |
| 2019-12-31 | $152.73 | $6.32 | x |
| 2020-12-31 | $158.27 | $6.32 | x |
| 2021-12-31 | $172.38 | $6.32 | x |
| 2022-12-31 | $160.96 | $6.32 | x |
| 2023-12-31 | $152.86 | $6.32 | x |
| 2024-12-31 | $141.57 | $6.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hudson Pacific Properties Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.02%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -40.77%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 2.85x
- Recent ROE (-12.02%) is above the historical average (-16.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -304.99% | -32.46% | 0.03x | 273.97x | $-2.33 Million |
| 2008 | -0.82% | -4.80% | 0.09x | 1.85x | $-22.65 Million |
| 2009 | -0.28% | -1.38% | 0.10x | 2.01x | $-22.94 Million |
| 2010 | -0.56% | -4.62% | 0.06x | 2.03x | $-52.39 Million |
| 2011 | -0.49% | -2.14% | 0.12x | 1.84x | $-65.57 Million |
| 2012 | -0.59% | -3.00% | 0.11x | 1.86x | $-89.01 Million |
| 2013 | -0.23% | -1.11% | 0.10x | 2.12x | $-102.62 Million |
| 2014 | 1.95% | 9.08% | 0.11x | 1.99x | $-94.90 Million |
| 2015 | -1.20% | -3.83% | 0.08x | 3.75x | $-186.52 Million |
| 2016 | 0.92% | 4.47% | 0.10x | 2.15x | $-281.71 Million |
| 2017 | 1.90% | 9.51% | 0.11x | 1.82x | $-294.55 Million |
| 2018 | 0.89% | 0.00% | 0.00x | 1.82x | $-331.32 Million |
| 2018 | 2.80% | 13.64% | 0.10x | 2.00x | $-254.98 Million |
| 2019 | 1.29% | 5.39% | 0.11x | 2.19x | $-297.65 Million |
| 2020 | 0.06% | 0.25% | 0.10x | 2.41x | $-344.28 Million |
| 2021 | 0.27% | 1.13% | 0.10x | 2.40x | $-364.07 Million |
| 2022 | -1.06% | -3.41% | 0.11x | 2.82x | $-365.48 Million |
| 2023 | -5.65% | -18.26% | 0.11x | 2.69x | $-481.69 Million |
| 2024 | -12.02% | -40.77% | 0.10x | 2.85x | $-628.89 Million |
Industry Comparison
This section compares Hudson Pacific Properties Inc's net assets metrics with peer companies in the REIT - Office industry.
Industry Context
- Industry: REIT - Office
- Average net assets among peers: $2,268,054,983
- Average return on equity (ROE) among peers: -2.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hudson Pacific Properties Inc (HPP) | $3.48 Billion | -304.99% | 1.24x | $339.57 Million |
| Allied Properties Real Estate Investment Trust (APYRF) | $5.56 Billion | -6.16% | 0.91x | $973.59 Million |
| Alexandria Real Estate Equities Inc (ARE) | $2.36 Billion | 5.69% | 1.31x | $7.44 Billion |
| Brandywine Realty Trust (BDN) | $1.04 Billion | -18.75% | 2.34x | $486.25 Million |
| BTB Real Estate Investment Trust (BTBIF) | $24.44 Million | -1.89% | 0.53x | $199.14 Million |
| Boston Properties Inc (BXP) | $7.93 Billion | 6.45% | 1.38x | $7.69 Billion |
| COPT Defense Properties (CDP) | $1.72 Billion | 5.66% | 1.37x | $3.59 Billion |
| City Office (CIO) | $359.83 Million | 1.60% | 1.49x | $2.76 Million |
| CLS Holdings plc (CLIHF) | $929.20 Million | -26.88% | 1.33x | $263.93 Million |
| Creative Media & Community Trust Corporation (CMCT) | $157.02 Million | 7.19% | 0.65x | $383.88K |
| Cromwell Property Group (CMWCF) | $2.59 Billion | 6.99% | 0.93x | $445.64 Million |