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Cousins Properties CUZ Tenants Expenses — Total Revenues

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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$4.91B+8.4%
Enterprise value$8.73B+14.2%
P/S4.9×0.0×

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:Revenues.

The source filing: Cousins Properties’s 10-K, filed February 5, 2026.

Filed
Feb 5, 2026, 4:29 PM EST
Fiscal year
FY2025
Accession
0000025232-26-000014

Certain leases also provide for percentage rents based upon the level of sales achieved by the lessee. Percentage rents are recognized once the specified sales target is achieved. In addition, leases typically provide for reimbursement of the tenants' share of real estate taxes, insurance, and other operating expenses to the Company. Operating expense reimbursements are recognized as the related expenses are incurred. During 2025, 2024, and 2023, the Company recognized $197.0 million, $176.7 million, and $163.2 million, respectively, in revenues from tenants related to operating expense reimbursements.

Item 15. Exhibits and Financial Statement Schedules

FAQ

What is Cousins Properties's tenants expenses — total revenues?
Cousins Properties (CUZ) reported tenants expenses — total revenues of $49.25M in Q4 2025.
How has Cousins Properties's tenants expenses — total revenues changed year-over-year?
Cousins Properties's tenants expenses — total revenues increased by 11.5% year-over-year, from $44.18M to $49.25M.
What is the long-term trend for Cousins Properties's tenants expenses — total revenues?
Over 4 years (2021 to 2025), Cousins Properties's tenants expenses — total revenues has grown at a 6.1% compound annual growth rate (CAGR), from $155.5M to $197M.
What does tenants expenses — total revenues mean?
This metric represents the total revenue generated specifically from tenant reimbursements within the real estate portfolio. It reflects the portion of operating expenses, such as property taxes, insurance, and maintenance, that are contractually recovered from tenants. Monitoring this figure helps assess the company's ability to pass through property-level costs and maintain net operating income margins.

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