Whitestone REIT (WSR)
NYSE: WSR · Real-Time Price · USD
15.96
+0.94 (6.26%)
At close: Mar 6, 2026, 4:00 PM EST
16.19
+0.23 (1.42%)
After-hours: Mar 6, 2026, 7:53 PM EST

Whitestone REIT Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Rental Revenue
159.28151.26145.65138.2123.88
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Property Management Fees
1.583.021.321.221.49
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Other Revenue
--0.02-3.050.350.7
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Total Revenue
160.86154.26143.92139.77126.06
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Revenue Growth (YoY
4.28%7.18%2.97%10.87%6.00%
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Property Expenses
50.1445.9845.9643.339.32
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Selling, General & Administrative
21.2223.1920.6518.0722.63
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Depreciation & Amortization
35.9334.8932.9731.7128.95
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Total Operating Expenses
107.28104.0699.5893.0790.9
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Operating Income
53.5850.244.3446.735.17
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Interest Expense
-33.67-34.04-32.87-27.19-24.56
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Interest & Investment Income
0.140.090.050.070.12
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EBT Excluding Unusual Items
20.0416.2511.5219.5710.72
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Gain (Loss) on Sale of Investments
2.08-0.01-0.11-0.11-0.09
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Gain (Loss) on Sale of Assets
29.7221.588.4816.760.18
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Other Unusual Items
-0.8----
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Pretax Income
51.0437.8219.936.2210.81
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Income Tax Expense
0.480.450.450.420.39
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Earnings From Continuing Operations
50.5637.3719.4535.810.42
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Earnings From Discontinued Operations
----1.83
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Net Income to Company
50.5637.3719.4535.812.25
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Minority Interest in Earnings
-0.63-0.48-0.27-0.53-0.21
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Net Income
49.9336.8919.1835.2712.05
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Net Income to Common
49.9336.8919.1835.2712.05
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Net Income Growth
35.33%92.35%-45.62%192.75%99.67%
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Basic Shares Outstanding
5150504945
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Diluted Shares Outstanding
5251515046
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Shares Change (YoY)
1.89%1.05%1.73%7.80%7.78%
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EPS (Basic)
0.980.730.390.720.26
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EPS (Diluted)
0.950.720.380.710.26
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EPS Growth
31.94%89.47%-46.48%173.54%85.40%
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Dividend Per Share
0.5400.4910.4800.4670.428
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Dividend Growth
9.92%2.34%2.67%9.14%-28.61%
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Operating Margin
33.31%32.54%30.81%33.41%27.90%
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Profit Margin
31.04%23.92%13.33%25.24%9.56%
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EBITDA
89.685.1877.478.4164.12
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EBITDA Margin
55.70%55.22%53.78%56.10%50.86%
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D&A For Ebitda
36.0234.9833.0631.7128.95
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EBIT
53.5850.244.3446.735.17
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EBIT Margin
33.31%32.54%30.81%33.41%27.90%
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Funds From Operations (FFO)
54.6350.7245.3952.1940.71
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FFO Per Share
1.030.980.88--
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Adjusted Funds From Operations (AFFO)
54.6350.7245.3952.1940.71
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AFFO Per Share
1.030.980.88--
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FFO Payout Ratio
50.17%48.45%52.18%43.99%47.46%
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Effective Tax Rate
0.94%1.19%2.26%1.17%3.56%
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Revenue as Reported
160.86154.28146.97139.42125.37
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Source: S&P Capital IQ. Real Estate template. Financial Sources.