Whitestone Financial Statements From 2010 to 2025

WSR Stock  USD 14.32  0.16  1.10%   
Whitestone REIT financial statements provide useful quarterly and yearly information to potential Whitestone REIT investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Whitestone REIT financial statements helps investors assess Whitestone REIT's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Whitestone REIT's valuation are summarized below:
Gross Profit
108.3 M
Profit Margin
0.2392
Market Capitalization
743.4 M
Enterprise Value Revenue
8.7523
Revenue
154.3 M
There are over one hundred nineteen available fundamental gauges for Whitestone REIT, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to confirm Whitestone REIT's prevalent fundamental performance against the performance between 2010 and 2025 to make sure the trends are evolving in the right direction. As of 03/18/2025, Market Cap is likely to grow to about 435.4 M. Also, Enterprise Value is likely to grow to about 144.5 M

Whitestone REIT Total Revenue

81.86 Million

Check Whitestone REIT financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Whitestone REIT's main balance sheet or income statement drivers, such as Depreciation And Amortization of 26.8 M, Interest Expense of 35.7 M or Selling General Administrative of 14.3 M, as well as many indicators such as Price To Sales Ratio of 2.37, Dividend Yield of 0.0425 or PTB Ratio of 0.9. Whitestone financial statements analysis is a perfect complement when working with Whitestone REIT Valuation or Volatility modules.
  
Check out the analysis of Whitestone REIT Correlation against competitors.
To learn how to invest in Whitestone Stock, please use our How to Invest in Whitestone REIT guide.

Whitestone REIT Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.3 B1.3 B857 M
Slightly volatile
Short and Long Term Debt Total773.9 M737 M510.2 M
Slightly volatile
Total Current Liabilities52 M97.2 M54.3 M
Pretty Stable
Total Stockholder Equity499.6 M475.8 M301.6 M
Slightly volatile
Property Plant And Equipment Net1.2 B1.1 B479.9 M
Slightly volatile
Net Debt768.4 M731.8 M494.1 M
Slightly volatile
Accounts Payable20.5 M33.1 M26.8 M
Slightly volatile
Cash9.2 M5.3 M8.7 M
Slightly volatile
Non Current Assets Total1.3 B1.2 B812.9 M
Slightly volatile
Non Currrent Assets Other38.5 M40.5 M316.5 M
Slightly volatile
Cash And Short Term Investments10.5 M5.3 M9.7 M
Pretty Stable
Net Receivables38.8 M36.9 M20.8 M
Slightly volatile
Common Stock Total Equity59.2 K56.4 K34.6 K
Slightly volatile
Common Stock Shares Outstanding53.9 M51.3 M33.4 M
Slightly volatile
Liabilities And Stockholders Equity1.3 B1.3 B857 M
Slightly volatile
Other Stockholder Equity758.4 M722.3 M497.7 M
Slightly volatile
Total Liabilities837.5 M797.7 M546 M
Slightly volatile
Total Current Assets79.2 M75.4 M44.1 M
Slightly volatile
Short Term Debt787.7 K829.1 K177.4 M
Slightly volatile
Common Stock60.4 K57.5 K34.8 K
Slightly volatile
Non Current Liabilities Total898.7 M527.1 M977.9 M
Slightly volatile
Long Term Debt Total594.1 M720.1 M516.1 M
Slightly volatile
Capital Surpluse509.6 M718.5 M453.3 M
Slightly volatile
Non Current Liabilities OtherM7.8 M6.2 M
Very volatile
Cash And Equivalents13.5 M7.1 M8.6 M
Slightly volatile
Net Invested Capital1.1 B1.2 BB
Slightly volatile
Capital Stock49.3 K57.5 K43 K
Slightly volatile

Whitestone REIT Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization26.8 M34.9 M33.5 M
Slightly volatile
Interest Expense35.7 M34 M20.4 M
Slightly volatile
Selling General Administrative14.3 M23.2 M17.3 M
Slightly volatile
Total Revenue81.9 M154.3 M98 M
Slightly volatile
Gross Profit55.1 M108.3 M66.3 M
Slightly volatile
Other Operating Expenses59.2 M104.1 M70.5 M
Slightly volatile
Operating Income52.7 M50.2 M29.8 M
Slightly volatile
EBITDA110.6 M105.4 M56.7 M
Slightly volatile
Cost Of Revenue26.7 M46 M31.7 M
Slightly volatile
Total Operating Expenses35 M58.1 M42.3 M
Slightly volatile
Net Income38.7 M36.9 M14.5 M
Slightly volatile
Income Before Tax36 M37.9 M231.5 M
Slightly volatile
Net Income Applicable To Common Shares42.6 M40.6 M15.9 M
Slightly volatile
Net Income From Continuing Ops23.3 M34.3 M27.3 M
Very volatile
Discontinued Operations1.2 M2.1 M1.6 M
Pretty Stable
Tax Provision419 K515.2 K388.9 K
Slightly volatile
Interest Income60.7 K63.9 K361.4 K
Slightly volatile
Reconciled Depreciation31.6 M37.6 M28.8 M
Slightly volatile
Non Recurring20.1 M22.1 M24.6 M
Slightly volatile

Whitestone REIT Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow4.4 M4.6 M9.5 M
Slightly volatile
Depreciation18.2 M35 M21.8 M
Slightly volatile
Dividends Paid21.6 M27.2 M25.8 M
Slightly volatile
Total Cash From Operating Activities61.1 M58.2 M36.5 M
Slightly volatile
Net Income39.2 M37.4 M14.5 M
Slightly volatile
End Period Cash Flow10.7 M15.4 M11 M
Slightly volatile
Stock Based CompensationM4.6 M4.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.374.58863.6309
Pretty Stable
Dividend Yield0.04250.04480.0813
Slightly volatile
PTB Ratio0.91.321.2422
Pretty Stable
Operating Cash Flow Per Share1.881.16551.2953
Slightly volatile
Stock Based Compensation To Revenue0.0350.02970.0453
Very volatile
Capex To Depreciation0.03120.03283.5095
Slightly volatile
PB Ratio0.91.321.2422
Pretty Stable
ROIC0.03220.0540.036
Very volatile
Net Income Per Share0.50.73850.406
Pretty Stable
Payables Turnover1.381.451.7226
Slightly volatile
Sales General And Administrative To Revenue0.140.15030.1783
Slightly volatile
Capex To Revenue0.00670.0070.7617
Slightly volatile
POCF Ratio7.5412.158210.7033
Very volatile
Interest Coverage1.841.47561.3325
Slightly volatile
Payout Ratio1.061.1122.1957
Slightly volatile
Capex To Operating Cash Flow0.02020.02132.4688
Slightly volatile
Income Quality1.481.55816.7931
Slightly volatile
ROE0.0430.05330.0399
Slightly volatile
PE Ratio18.2319.1888274
Slightly volatile
Return On Tangible Assets0.01120.01980.0101
Pretty Stable
Earnings Yield0.04190.05210.0337
Pretty Stable
Current Ratio0.520.550.864
Very volatile
Receivables Turnover4.284.155.1959
Slightly volatile
Debt To Equity1.281.391.5725
Pretty Stable
Capex Per Share0.02040.02142.7349
Slightly volatile
Revenue Per Share5.523.08813.5953
Slightly volatile
Debt To Assets0.420.520.5474
Pretty Stable
Days Sales Outstanding79.0791.171.8034
Slightly volatile
Book Value Per Share16.729.7511.3859
Slightly volatile
Average Payables410.7 K462.1 K503.8 K
Slightly volatile
EV To Sales5.347.577.9588
Pretty Stable
Cash Per Share0.160.170.4931
Slightly volatile
Days Payables Outstanding176260249
Pretty Stable
EV To Operating Cash Flow17.523.5323.6635
Very volatile
Net Debt To EBITDA6.896.578.9358
Very volatile
Tangible Book Value Per Share7.257.6323.7273
Very volatile
Graham Number11.289.828.6725
Very volatile
Shareholders Equity Per Share12.569.6110.1017
Slightly volatile
Average Receivables27.9 M26.6 M27.8 M
Slightly volatile
Interest Debt Per Share20.5815.6516.3299
Pretty Stable
Enterprise Value Over EBITDA12.0312.8516.1739
Pretty Stable
Short Term Coverage Ratios1.491.420.819
Slightly volatile
Price Earnings Ratio18.2319.1888274
Slightly volatile
Price Book Value Ratio0.91.321.2422
Pretty Stable
Dividend Payout Ratio1.061.1122.1957
Slightly volatile
Price To Operating Cash Flows Ratio7.5412.158210.7033
Very volatile
Pretax Profit Margin0.230.24530.1192
Slightly volatile
Ebt Per Ebit0.720.75370.5086
Very volatile
Operating Profit Margin0.20.32550.2475
Slightly volatile
Company Equity Multiplier3.373.092.9006
Slightly volatile
Long Term Debt To Capitalization0.470.520.5722
Slightly volatile
Total Debt To Capitalization0.490.550.5958
Pretty Stable
Return On Capital Employed0.05520.05530.0401
Very volatile
Debt Equity Ratio1.281.391.5725
Pretty Stable
Ebit Per Revenue0.20.32550.2475
Slightly volatile
Dividend Paid And Capex Coverage Ratio1.91.811.0045
Slightly volatile
Net Income Per E B T0.490.97470.9049
Very volatile
Cash Ratio0.03620.03810.1893
Pretty Stable
Operating Cash Flow Sales Ratio0.370.37740.3555
Very volatile
Cash Flow Coverage Ratios0.110.08540.0885
Slightly volatile
Price To Book Ratio0.91.321.2422
Pretty Stable
Fixed Asset Turnover0.130.1454.2927
Pretty Stable
Capital Expenditure Coverage Ratio39.9438.0421.1543
Slightly volatile
Price Cash Flow Ratio7.5412.158210.7033
Very volatile
Debt Ratio0.420.520.5474
Pretty Stable
Cash Flow To Debt Ratio0.110.08540.0885
Slightly volatile
Price Sales Ratio2.374.58863.6309
Pretty Stable
Return On Assets0.01410.01980.0138
Slightly volatile
Asset Turnover0.150.13290.1265
Very volatile
Net Profit Margin0.250.23910.1191
Slightly volatile
Gross Profit Margin0.540.7020.6603
Pretty Stable
Price Fair Value0.91.321.2422
Pretty Stable
Return On Equity0.0430.05330.0399
Slightly volatile
Days Of Payables Outstanding176260249
Pretty Stable
Days Of Sales Outstanding79.0791.171.8034
Slightly volatile
Enterprise Value Multiple12.0312.8516.1739
Pretty Stable

Whitestone REIT Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap435.4 M414.7 M431.6 M
Slightly volatile
Enterprise Value144.5 M143.4 M127.9 M
Slightly volatile

Whitestone Upcoming Events

27th of February 2024
Upcoming Quarterly Report
View
7th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
27th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Whitestone REIT Financial Statements

Whitestone REIT shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Whitestone REIT investors may analyze each financial statement separately, they are all interrelated. The changes in Whitestone REIT's assets and liabilities, for example, are also reflected in the revenues and expenses on on Whitestone REIT's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue-91.8 M-96.4 M
Total Revenue154.3 M81.9 M
Cost Of Revenue46 M26.7 M
Stock Based Compensation To Revenue 0.03  0.04 
Sales General And Administrative To Revenue 0.15  0.14 
Capex To Revenue 0.01  0.01 
Revenue Per Share 3.09  5.52 
Ebit Per Revenue 0.33  0.20 

Pair Trading with Whitestone REIT

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Whitestone REIT position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Whitestone REIT will appreciate offsetting losses from the drop in the long position's value.

Moving against Whitestone Stock

  0.53LB LandBridge CompanyPairCorr
The ability to find closely correlated positions to Whitestone REIT could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Whitestone REIT when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Whitestone REIT - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Whitestone REIT to buy it.
The correlation of Whitestone REIT is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Whitestone REIT moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Whitestone REIT moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Whitestone REIT can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Whitestone Stock Analysis

When running Whitestone REIT's price analysis, check to measure Whitestone REIT's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Whitestone REIT is operating at the current time. Most of Whitestone REIT's value examination focuses on studying past and present price action to predict the probability of Whitestone REIT's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Whitestone REIT's price. Additionally, you may evaluate how the addition of Whitestone REIT to your portfolios can decrease your overall portfolio volatility.