undamentalytics Newsletter

Cousins Properties Inc key statistics and ratios

In fiscal 2025, Cousins Properties Inc had return on equity of 0.9%, an operating margin of 67.8% and debt equal to 71.7% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Cousins Properties Inc: financial ratios, annual
Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMSept 2026
Gross margin———————62.6%64.8%65.3%66.2%66.1%65.6%66.1%66.8%67.2%68.4%68.4%
Operating margin————65.5%121.5%118.0%100.4%67.2%68.6%65.7%65.7%65.4%65.9%66.1%66.6%67.8%68.3%
Net margin13.4%−9.4%−108.7%33.4%57.8%29.3%61.4%30.5%46.4%16.7%22.9%32.0%36.9%21.9%10.3%5.4%4.1%1.4%
Free-cash-flow margin—————————————3.0%11.1%17.2%13.6%—
Return on equity3.3%−1.8%−18.8%7.5%11.7%3.3%7.5%3.8%8.3%2.9%4.2%5.4%6.2%3.6%1.8%1.0%0.9%0.3%
Return on assets1.8%−1.0%−9.9%3.9%7.2%2.1%4.8%2.3%5.2%1.9%2.7%3.3%3.9%2.2%1.1%0.6%0.5%0.2%
Asset turnover0.140.110.090.120.120.070.080.080.110.110.120.100.100.100.110.100.110.12
Debt to equity0.0%67.0%89.4%68.6%43.2%47.3%42.8%56.2%39.6%38.6%51.0%48.4%49.1%50.6%54.4%64.2%71.7%81.0%
Interest cover (operating income ÷ interest)————6.4x10.3x10.6x9.8x9.3x8.3x8.0x8.0x7.4x6.9x5.0x4.7x4.2x4.0x
Effective tax rate——————0.0%———————————
Capital spending as % of revenue—————————————44.9%34.8%29.5%26.9%—
Free cash flow ÷ net income—————————————13.7%107.1%320.9%333.4%—
Dividends ÷ net income83.2%——41.0%22.3%118.4%55.1%63.9%45.8%135.4%95.0%74.3%65.6%115.3%234.3%425.2%532.8%>999%
Dividends and buybacks ÷ free cash flow—————————————838.7%218.8%132.5%159.8%—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

64 /100

Moderate moat

How hard Cousins Properties's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 0 / 20

    Net income has been a median 1.5% of total assets over 10 years.

  • Pricing power 20 / 20

    Gross margin has been a median 66.2%, moving by 1.1 percentage points (standard deviation) across 9 years.

  • Durability 20 / 20

    Operating margin has been a median 66.9%; its worst year was 65.3%.

  • Cash conversion 11 / 20

    Free cash flow was positive in 8 of 10 years, at a median 5.8% of revenue.

  • Discipline 13 / 20

    The diluted share count rose 12.0% over five years; stock-based pay has been a median 1.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Compare with peers

Head to head: CUZ vs SLGCUZ vs DEICUZ vs KRC

More: Office REITs stocks compared, Real Estate sector, rankings of US companies

Figures from Cousins Properties Inc's SEC filings (10-K and 10-Q), retrieved October 30, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Cousins Properties Inc.