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Cousins Properties CUZ Phoenix, AZ — Net Operating Income

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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 phoenix, AZ — net operating income?
Cousins Properties (CUZ) reported phoenix, AZ — net operating income of $13.74M in Q1 2026.
How has Cousins Properties's phoenix, AZ — net operating income changed year-over-year?
Cousins Properties's phoenix, AZ — net operating income increased by 13.6% year-over-year, from $12.09M to $13.74M.
What is the long-term trend for Cousins Properties's phoenix, AZ — net operating income?
Over 4 years (2021 to 2025), Cousins Properties's phoenix, AZ — net operating income has grown at a 8.3% compound annual growth rate (CAGR), from $38.31M to $52.65M.
What does phoenix, AZ — net operating income mean?
Net Operating Income for this geographic segment is calculated as total property revenues minus total property operating expenses. It serves as a primary indicator of the profitability and cash-generating capability of the real estate assets in this specific market before accounting for interest, taxes, and corporate-level overhead. This metric allows investors to assess the underlying performance and value creation of the regional portfolio independent of capital structure.