Hudson Pacific Properties/$HPP
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Hudson Pacific Properties
Hudson Pacific Properties Inc is a vertically integrated real estate investment trust offering end-to-end real estate solutions for dynamic tenants in the synergistic, converging and secular growth industries of tech and media. It acquires, repositions, develops and operates sustainable high-quality office studio properties in high-barrier-to-entry tech and media epicenters. Its primary investment markets include Los Angeles, the San Francisco Bay Area, Seattle, New York and Vancouver, British Columbia. Its segments include Office properties and related operations and Studio properties and related operations. The majority of the revenue is derived from Office properties and related operations segment.
- Ticker
- $HPP
- Sector
- Real Estate
- Primary listing
- NYSE
- Employees
- 607
- Headquarters
- Los Angeles, United States
HPP Metrics
BasicAdvanced
$571M
-
-$8.86
1.92
-
Price and volume
Market cap
$571M
Beta
1.92
52-week high
$17.20
52-week low
$5.26
Average daily volume
767K
Financial strength
Current ratio
1.471
Quick ratio
1.026
Long term debt to equity
1.23
Total debt to equity
1.23
Interest coverage (TTM)
-0.01%
Profitability
EBITDA (TTM)
317.057
Gross margin (TTM)
49.24%
Net profit margin (TTM)
-67.88%
Operating margin (TTM)
-0.13%
Effective tax rate (TTM)
0.03%
Revenue per employee (TTM)
$1,340,000
Management effectiveness
Return on assets (TTM)
-0.01%
Return on equity (TTM)
-17.25%
Valuation
Price to revenue (TTM)
0.838
Price to book
0.24
Price to tangible book (TTM)
0.27
Price to free cash flow (TTM)
7.413
Free cash flow yield (TTM)
13.49%
Free cash flow per share (TTM)
1.422
Growth
Revenue change (TTM)
2.50%
Earnings per share change (TTM)
-53.21%
3-year revenue growth (CAGR)
-7.44%
10-year revenue growth (CAGR)
2.84%
3-year earnings per share growth (CAGR)
27.60%
10-year earnings per share growth (CAGR)
30.94%
What the Analysts think about HPP
Analyst ratings (Buy, Hold, Sell) for Hudson Pacific Properties stock.
Analyst projections of the future price of Hudson Pacific Properties stock.
Bulls say / Bears say
Office leasing is improving: occupancy rose for a fourth consecutive quarter to 82.5%, with 1.3 million square feet leased in Q2, including a long-term San Francisco city lease. Core FFO per share increased 30% year on year and same-store cash NOI grew 7.5%. (Hudson Pacific Properties)
The prime Hollywood studio portfolio remains highly utilised, with stages 95.5% leased; core studio NOI also turned positive year on year. If production demand improves, this leaves room for studio earnings to recover further. (Hudson Pacific Properties)
Asset sales are providing cash for balance-sheet flexibility: 2026 dispositions reached nearly $190 million by mid-October. Proceeds from the latest sales were used to repay the revolver, leaving just $30 million outstanding. (Hudson Pacific Properties)
Reported losses remain severe: HPP recorded a $104.6 million Q2 net loss, including $50.4 million of impairment charges, while adjusted funds from operations were still negative. These results show that improving core measures have not yet translated into positive reported earnings or cash after recurring investment. (U.S. Securities and Exchange Commission)
Office leasing is still requiring rent concessions: cash rents on new leases fell 11.4% overall in Q2, and fell 9.9% excluding the large San Francisco city deal. Occupancy at 82.5% also means a meaningful share of the in-service office portfolio remains vacant. (Hudson Pacific Properties)
Debt refinancing remains a material risk: the $1.1 billion Hollywood Media loan was extended only to November 2027, while HPP also has $400 million of notes due in 2027 and $350 million due in 2028. The extension buys time but leaves a large refinancing task ahead. (U.S. Securities and Exchange Commission, U.S. Securities and Exchange Commission)
Data summarised monthly by Lightyear AI. Last updated on 22 Oct 2026.
HPP Financial Performance
Revenues and expenses
HPP Earnings Performance
Company profitability
Upcoming events
No upcoming events
HPP News
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Funds containing HPP
Fund name | Fund size | $HPP weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap£R2SC | $5.3B | 0.02% |
SPDR Russell 2000 US Small Cap€R2US | $5.3B | 0.02% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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