Hudson Pacific Properties, Inc. HPP
Hudson Pacific Properties, Inc. (HPP) functions as a Real Estate Investment Trust, overseeing a significant collection of office and studio properties. Its extensive holdings encompass nearly 19 million square feet, a figure that also accounts for land designated for future development. The company strategically focuses its investments on key West Coast centers recognized for their innovation, media, and technology industries. Its impressive tenant roster comprises prominent Fortune 500 companies and swiftly expanding enterprises, including well-known names like Netflix, Google, Square, Uber, and NFL Enterprises. Hudson Pacific's stock is publicly traded on the New York Stock Exchange under the ticker HPP, and it is also recognized as a component of the S&P MidCap 400 Index.
Business overview written from the company's own Form 10-K (Item 1), filed 2026-02-27 — refreshed whenever it files a new one. The figures above are current; see its SEC filings. ✓ From the 10-K
Plain-English: the Snapshot is the quick read — what it pays you (yield, dividend), how its cash flow looks (FFO/AFFO, Price/OCF) and how much debt it carries. Switch to Expert in the header to hide these explanations.
Snapshot
Reported FFO / AFFO / leverage are from the Q1 2026 earnings release (filed 2026-05-07) — 8-K, EX-99.1 ✓ Verified to filing.
Yield uses the latest declared dividend, annualized (latest regular payout × frequency; special/liquidating distributions excluded) — an announced-but-not-yet-declared change isn't reflected until it has an ex-date. FFO, AFFO and Net debt / Adj. EBITDA are the company's reported figures from its latest earnings 8-K. Price/OCF and payout use GAAP operating cash flow. NAV premium and credit ratings have no free source yet. See Methodology.
$10,000 invested
Illustrative income only, at today's price and latest declared dividend — it excludes price changes, dividend cuts and taxes. Not a forecast.
Model HPP yourself — any amount, shares, per-payment & a multi-year DRIP projection →
Balance sheet (latest FY: 2025)
Debt-maturity ladder, fixed/floating split, secured/unsecured and coverage ratios come from the supplemental — not yet ingested.
Financial history
| FY | Revenue | Net income | D&A | EBITDA | Op. cash flow |
|---|---|---|---|---|---|
| 2025 | $831.11M | $-551.69M | $373.66M | $-46.69M | $120.98M |
| 2024 | $842.08M | $-343.34M | $352.13M | $149.75M | $164.66M |
| 2023 | $952.30M | $-173.89M | $394.36M | $444.87M | $232.26M |
| 2022 | $1.03B | $-34.97M | $367.92M | $501.30M | $369.50M |
| 2021 | $896.84M | $10.11M | $334.57M | $485.52M | $314.86M |
| 2020 | $805.70M | $2.04M | $292.40M | $420.32M | $302.03M |
Dividends
Recent regular dividends per share (special distributions excluded), oldest → newest.
| Ex-date | Record | Payment | Declared | Amount | Freq. |
|---|---|---|---|---|---|
| 2024-06-17 | 2024-06-17 | 2024-06-27 | 2024-05-20 | $0.05 | Semi-Annual |
| 2024-03-15 | 2024-03-18 | 2024-03-28 | 2024-03-08 | $0.05 | Semi-Annual |
| 2023-06-16 | 2023-06-20 | 2023-06-30 | 2023-06-09 | $0.12 | Semi-Annual |
| 2023-03-17 | 2023-03-20 | 2023-03-30 | 2023-03-10 | $0.25 | Quarterly |
| 2022-12-16 | 2022-12-19 | 2022-12-29 | 2022-12-09 | $0.25 | Quarterly |
| 2022-09-16 | 2022-09-19 | 2022-09-29 | 2022-09-09 | $0.25 | Quarterly |
| 2022-06-16 | 2022-06-20 | 2022-06-30 | 2022-06-10 | $0.25 | Quarterly |
| 2022-03-18 | 2022-03-21 | 2022-03-31 | 2022-03-11 | $0.25 | Quarterly |
| 2021-12-17 | 2021-12-20 | 2021-12-30 | 2021-12-10 | $0.25 | Quarterly |
| 2021-09-17 | 2021-09-20 | 2021-09-30 | 2021-09-10 | $0.25 | Quarterly |
| 2021-06-17 | 2021-06-18 | 2021-06-28 | 2021-06-08 | $0.25 | Quarterly |
| 2021-03-18 | 2021-03-19 | 2021-03-29 | 2021-03-09 | $0.25 | Quarterly |
| 2020-12-18 | 2020-12-21 | 2020-12-31 | 2020-12-11 | $0.25 | Quarterly |
| 2020-09-17 | 2020-09-18 | 2020-09-28 | 2020-09-08 | $0.25 | Quarterly |
| 2020-06-18 | 2020-06-19 | 2020-06-29 | 2020-06-09 | $0.25 | Quarterly |
| 2020-03-19 | 2020-03-20 | 2020-03-30 | 2020-03-10 | $0.25 | Quarterly |
| 2019-12-19 | 2019-12-20 | 2019-12-30 | 2019-12-10 | $0.25 | Quarterly |
| 2019-09-19 | 2019-09-20 | 2019-09-30 | 2019-09-10 | $0.25 | Quarterly |
| 2019-06-14 | 2019-06-17 | 2019-06-27 | 2019-06-07 | $0.25 | Quarterly |
| 2019-03-15 | 2019-03-18 | 2019-03-28 | 2019-03-08 | $0.25 | Quarterly |
| 2018-12-14 | 2018-12-17 | 2018-12-27 | 2018-12-07 | $0.25 | Quarterly |
| 2018-09-17 | 2018-09-18 | 2018-09-28 | 2018-09-07 | $0.25 | Quarterly |
| 2018-06-18 | 2018-06-19 | 2018-06-29 | 2018-06-08 | $0.25 | Quarterly |
| 2018-03-16 | 2018-03-19 | 2018-03-29 | 2018-03-09 | $0.25 | Quarterly |
Coverage (payout of operating cash flow): 7.39%. Tax-character split (ordinary / 199A / capital gain / return of capital) — not disclosed (requires the annual allocation release).
Recent news — HPP
Hudson Pacific Sells North San Jose Office Property
You Can't Buy Pelosi's New Office Tower Stake. These 2 Stocks Are the Closest Thing
Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes
Hudson Pacific Properties Announces Expiration and Tender Results of Cash Tender Offer for Outstanding Notes
Hudson Pacific Properties Announces Cash Tender Offer for Outstanding Notes
Hudson Pacific Properties Announces Date for Third Quarter Earnings Release and Conference Call
Data Centers Got the AI Hype—But Office REITs May Get the Rent Hikes
Hudson Pacific Sells 875 and 899 Howard in San Francisco
Headlines via Financial Modeling Prep; links open the original publisher in a new tab. Not an endorsement or investment advice.
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Same-store NOI, occupancy, leasing/WALT, top tenants, external-manager fees, development pipeline and (for non-traded vehicles) share-class fees, redemption/gating and NAV methodology are planned modules sourced from supplementals and prospectuses.