Whitestone Financial Statements From 2010 to 2026

WSR Stock  USD 14.18  0.01  0.07%   
Whitestone REIT's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Whitestone REIT's valuation are provided below:
Gross Profit
109.8 M
Profit Margin
0.2816
Market Capitalization
732.6 M
Enterprise Value Revenue
8.5602
Revenue
157.8 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 2026 to make sure the trends are evolving in the right direction. As of 01/25/2026, Market Cap is likely to grow to about 435.4 M, while Enterprise Value is likely to drop slightly above 121.7 M.

Whitestone REIT Total Revenue

187.78 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 27.2 M, Interest Expense of 41.1 M or Selling General Administrative of 14.3 M, as well as many indicators such as Price To Sales Ratio of 2.36, Dividend Yield of 0.0377 or PTB Ratio of 0.97. Whitestone financial statements analysis is a perfect complement when working with Whitestone REIT Valuation or Volatility modules.
  
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Whitestone REIT Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets1.4 B1.3 B876.3 M
Slightly volatile
Short and Long Term Debt Total378.6 M727.2 M493.6 M
Slightly volatile
Total Current Liabilities51.5 M44.2 M50.9 M
Very volatile
Total Stockholder Equity529.1 M503.9 M313 M
Slightly volatile
Property Plant And Equipment Net11.5 M12.1 M372.8 M
Slightly volatile
Net Debt363.7 M721.2 M477.5 M
Slightly volatile
Accounts Payable49.1 M46.7 M30.1 M
Slightly volatile
CashMM8.5 M
Pretty Stable
Non Current Assets Total611.2 M1.2 B786.6 M
Slightly volatile
Non Currrent Assets Other1.2 B1.2 B495.4 M
Slightly volatile
Cash And Short Term Investments10.4 MM9.6 M
Very volatile
Net Receivables97.4 M92.7 M31 M
Slightly volatile
Common Stock Total Equity59.2 K56.4 K35.4 K
Slightly volatile
Common Stock Shares Outstanding62 M59 M35.4 M
Slightly volatile
Liabilities And Stockholders Equity1.4 B1.3 B876.3 M
Slightly volatile
Other Stockholder Equity770.3 M733.6 M506.8 M
Slightly volatile
Total Liabilities406.8 M794.4 M529 M
Slightly volatile
Total Current Assets120.8 M115 M52.2 M
Slightly volatile
Short Term Debt468.7 K493.4 K170.6 M
Slightly volatile
Common Stock61.6 K58.6 K35.9 K
Slightly volatile
Non Current Liabilities Total881.2 M577.5 M960.1 M
Slightly volatile
Long Term Debt Total610.2 M706.9 M522.9 M
Slightly volatile
Capital Surpluse540.7 M733.6 M467 M
Slightly volatile
Non Current Liabilities Other7.3 M10.7 M6.7 M
Slightly volatile
Cash And Equivalents8.5 M4.7 M7.9 M
Slightly volatile
Net Invested Capital1.1 B1.2 BB
Slightly volatile
Capital Stock50.3 K58.6 K43.6 K
Slightly volatile

Whitestone REIT Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization27.2 M40.2 M34.4 M
Pretty Stable
Interest Expense41.1 M39.1 M21.8 M
Slightly volatile
Selling General Administrative14.3 M26.7 M17.8 M
Slightly volatile
Total Revenue187.8 M178.8 M109.4 M
Slightly volatile
Gross Profit132.3 M126 M74.8 M
Slightly volatile
Other Operating Expenses125.7 M119.7 M78 M
Slightly volatile
Operating Income62.1 M59.2 M33 M
Slightly volatile
EBITDA129 M122.9 M61.2 M
Slightly volatile
Cost Of Revenue26.7 M52.9 M32.9 M
Slightly volatile
Total Operating Expenses70.1 M66.8 M43.4 M
Slightly volatile
Net Income44.5 M42.4 M16.5 M
Slightly volatile
Income Tax Expense543.4 K517.5 K635.6 K
Slightly volatile
Income Before Tax32.3 M34 M219.7 M
Slightly volatile
Net Income Applicable To Common Shares44.5 M42.4 M16.4 M
Slightly volatile
Net Income From Continuing Ops23.7 M33.6 M27.9 M
Very volatile
Discontinued Operations1.2 M2.1 M1.6 M
Pretty Stable
Tax Provision426.6 K517.5 K393.1 K
Slightly volatile
Interest Income74.4 K78.3 K346.9 K
Slightly volatile
Reconciled Depreciation32.5 M40.2 M29.4 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 Flow9.3 M5.3 M9.6 M
Slightly volatile
Depreciation42.2 M40.2 M24.3 M
Slightly volatile
Capital Expenditures59 M89.9 M76 M
Pretty Stable
Total Cash From Operating Activities70.3 M67 M38.8 M
Slightly volatile
Net Income45.1 M43 M16.5 M
Slightly volatile
End Period Cash Flow10.7 M17.7 M11.4 M
Slightly volatile
Stock Based CompensationM5.3 M4.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.364.123.5594
Pretty Stable
Dividend Yield0.03770.03970.078
Slightly volatile
PTB Ratio0.971.461.277
Slightly volatile
Days Sales Outstanding17917088.6128
Slightly volatile
Book Value Per Share15.310.1611.1766
Slightly volatile
Operating Cash Flow Per Share1.771.331.2905
Pretty Stable
Average Payables410.7 K462.1 K504.4 K
Slightly volatile
Stock Based Compensation To Revenue0.03480.02650.044
Pretty Stable
Capex To Depreciation0.03120.03283.3052
Slightly volatile
PB Ratio0.971.461.277
Slightly volatile
EV To Sales5.497.758.0028
Pretty Stable
ROIC0.04430.04210.0341
Slightly volatile
Net Income Per Share0.630.840.5918
Pretty Stable
Payables Turnover1.241.31.6076
Slightly volatile
Sales General And Administrative To Revenue0.140.130.1748
Slightly volatile
Capex To Revenue0.00670.0070.7174
Slightly volatile
Cash Per Share0.110.120.4506
Slightly volatile
POCF Ratio8.0911.010.7567
Very volatile
Interest Coverage1.891.741.4021
Slightly volatile
Payout Ratio0.570.620.8704
Slightly volatile
Capex To Operating Cash Flow0.02020.02132.3249
Slightly volatile
Days Payables Outstanding187290270
Slightly volatile
Income Quality1.331.415.8768
Slightly volatile
ROE0.07960.07580.046
Slightly volatile
EV To Operating Cash Flow18.120.6923.5303
Very volatile
PE Ratio16.4917.36258
Slightly volatile
Return On Tangible Assets0.03070.02930.0152
Slightly volatile
Earnings Yield0.05360.05960.0491
Pretty Stable
Net Debt To EBITDA6.825.288.7257
Pretty Stable
Current Ratio1.921.831.0709
Slightly volatile
Tangible Book Value Per Share9.6610.1617.3985
Pretty Stable
Receivables Turnover2.112.224.8115
Slightly volatile
Graham Number10.7613.819.073
Pretty Stable
Shareholders Equity Per Share11.6710.039.9932
Slightly volatile
Debt To Equity1.281.31.5646
Pretty Stable
Capex Per Share0.02040.02142.5754
Slightly volatile
Average Receivables7.1 M6.9 M6.1 M
Slightly volatile
Revenue Per Share6.573.565.5377
Slightly volatile
Interest Debt Per Share18.6715.2616.0548
Very volatile
Debt To Assets0.420.50.5484
Pretty Stable
Enterprise Value Over EBITDA12.311.2815.9666
Pretty Stable
Short Term Coverage Ratios0.70.670.2992
Slightly volatile
Price Earnings Ratio16.4917.36258
Slightly volatile
Price Book Value Ratio0.971.461.277
Slightly volatile
Days Of Payables Outstanding187290270
Slightly volatile
Dividend Payout Ratio0.570.620.8704
Slightly volatile
Price To Operating Cash Flows Ratio8.0911.010.7567
Very volatile
Pretax Profit Margin0.270.280.1306
Slightly volatile
Ebt Per Ebit0.80.850.5323
Pretty Stable
Operating Profit Margin0.20.30.2573
Slightly volatile
Company Equity Multiplier3.342.982.8741
Slightly volatile
Long Term Debt To Capitalization0.470.530.5675
Pretty Stable
Total Debt To Capitalization0.490.530.5949
Pretty Stable
Return On Capital Employed0.05720.05450.0426
Pretty Stable
Debt Equity Ratio1.281.31.5646
Pretty Stable
Ebit Per Revenue0.20.30.2573
Slightly volatile
Quick Ratio1.921.831.0832
Slightly volatile
Dividend Paid And Capex Coverage Ratio2.242.131.1236
Slightly volatile
Net Income Per E B T0.490.880.9035
Very volatile
Cash Ratio0.130.09570.1915
Pretty Stable
Operating Cash Flow Sales Ratio0.370.430.3585
Pretty Stable
Days Of Sales Outstanding17917088.6128
Slightly volatile
Cash Flow Coverage Ratios0.110.09210.0899
Pretty Stable
Price To Book Ratio0.971.461.277
Slightly volatile
Fixed Asset Turnover14.0113.353.3705
Slightly volatile
Capital Expenditure Coverage Ratio39.9438.0422.3959
Slightly volatile
Price Cash Flow Ratio8.0911.010.7567
Very volatile
Enterprise Value Multiple12.311.2815.9666
Pretty Stable
Debt Ratio0.420.50.5484
Pretty Stable
Cash Flow To Debt Ratio0.110.09210.0899
Pretty Stable
Price Sales Ratio2.364.123.5594
Pretty Stable
Return On Assets0.03070.02930.0165
Slightly volatile
Asset Turnover0.150.160.1281
Pretty Stable
Net Profit Margin0.220.210.1223
Slightly volatile
Gross Profit Margin0.540.630.6597
Very volatile
Price Fair Value0.971.461.277
Slightly volatile
Return On Equity0.07960.07580.046
Slightly volatile

Whitestone REIT Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap435.4 M414.7 M433.3 M
Slightly volatile
Enterprise Value121.7 M149.4 M160.8 M
Pretty Stable

Whitestone Fundamental Market Drivers

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 Revenue178.8 M187.8 M
Cost Of Revenue52.9 M26.7 M
Stock Based Compensation To Revenue 0.03  0.03 
Sales General And Administrative To Revenue 0.13  0.14 
Capex To Revenue 0.01  0.01 
Revenue Per Share 3.56  6.57 
Ebit Per Revenue 0.30  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

  0.84OPINL Office Properties IncomePairCorr
  0.43DXC Dexus Convenience RetailPairCorr
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.