Financials in USD. Standardized financial statements.
A compact view of how Whitestone REIT turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $160.86M | $155.51M | $147.92M | $140.58M | $125.28M | $123.56M | $120.53M | $119.86M | $125.96M | $104.44M |
| Revenue Growth? | +3.4% | +5.1% | +5.2% | +12.2% | +1.4% | +2.5% | +0.6% | -4.8% | +20.6% | 0.0% |
| Cost of Revenue? | $50.13M | $45.98M | $45.96M | $43.30M | $39.32M | $38.58M | $36.90M | $37.43M | $42.11M | $34.09M |
| Gross Profit? | $110.72M | $109.53M | $101.96M | $97.28M | $85.95M | $84.99M | $83.62M | $82.43M | $83.85M | $70.34M |
| Gross Margin? | +68.8% | +70.4% | +68.9% | +69.2% | +68.6% | +68.8% | +69.4% | +68.8% | +66.6% | +67.4% |
| Operating Expenses? | $57.15M | $58.08M | $53.62M | $49.77M | $51.58M | $84.99M | $21.66M | $48.96M | $51.19M | $46.38M |
| Operating Income? | $53.58M | $51.45M | $48.34M | $47.51M | $34.38M | $0 | $61.96M | $33.47M | $32.66M | $23.97M |
| EBITDA? | $120.64M | $106.84M | $85.83M | $95.12M | $64.32M | $60.60M | $61.96M | $61.24M | $58.33M | $46.41M |
| Income Before Tax | $51.04M | $37.82M | $19.90M | $36.22M | $10.80M | $6.53M | $24.03M | $22.33M | $9.25M | $8.42M |
| Income Tax Expense | $482,000 | $450,000 | $450,000 | $422,000 | $385,000 | $379,000 | $400,000 | $347,000 | $386,000 | $289,000 |
| Net Income? | $49.93M | $36.89M | $19.18M | $35.27M | $12.05M | $6.03M | $23.68M | $21.43M | $8.33M | $7.93M |
| EPS? | $0.98 | $0.73 | $0.39 | $0.72 | $0.26 | $0.14 | $0.59 | $0.55 | $0.22 | $0.26 |
| Diluted EPS? | $0.95 | $0.72 | $0.38 | $0.71 | $0.26 | $0.14 | $0.57 | $0.53 | $0.22 | $0.26 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality