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Cousins Properties CUZ Non-Office — Net Operating Income

Other segment segments

Office
$177.75M+8.5%

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Other financials

Income statement

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Revenue$263.1M+5.1%
Gross profit$180.5M+4.2%
Net income-$24.9M-219%
EPS (diluted)-$0.15-225%

Balance sheet

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Cash & equivalents$6.3M+18.1%
Total debt$3.8B+24.5%
Total equity$4.5B-6.3%
Total assets$9.1B+4.9%

Cash flow

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Operating cash flow$40.5M-9.6%
CapEx$66.8M+5.7%
Free cash flow$33.8M-8.4%

Valuation

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Market cap$4.65B-24.3%

Profitability

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Gross margin68.2%+0.2pp
Net margin-0.2%-6.1pp
FCF margin13.6%-3.6pp

Returns & leverage

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Return on equity-0%-1.2pp
Debt / equity0.8×+0.2×

Where this comes from

Reported directly by Cousins Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Cousins Properties’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cousins Properties's non-office — net operating income?
Cousins Properties (CUZ) reported non-office — net operating income of $2.31M in Q1 2026.
How has Cousins Properties's non-office — net operating income changed year-over-year?
Cousins Properties's non-office — net operating income increased by 62.0% year-over-year, from $1.43M to $2.31M.
What is the long-term trend for Cousins Properties's non-office — net operating income?
Over 4 years (2021 to 2025), Cousins Properties's non-office — net operating income has grown at a 8.8% compound annual growth rate (CAGR), from $5.36M to $7.52M.
What does non-office — net operating income mean?
Net Operating Income for the non-office segment is calculated as total property revenues minus total property operating expenses for all non-office assets. It provides a clear measure of the core profitability generated by the company's retail and mixed-use holdings before accounting for corporate overhead, interest, or taxes. This metric is essential for evaluating the performance and cash-generating capability of the company's non-office real estate investments.