Whitestone REIT (WSR) Financials

$18.99

$0.00 (0.00%)

As on 13-Jul-2026 16:05EDT

Market cap

$988 Mln

Revenue (TTM)

$165 Mln

P/E Ratio

19.8

P/B Ratio

2.1

Div. Yield

2.9 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	165.14	160.86	155.51	147.92	140.58	125.28
Cost of Revenue	71.31	50.14	45.98	45.96	43.30	39.32
Gross Profit	93.83	110.72	109.53	101.96	97.28	85.95
Operating Expenses	39.36	57.15	58.08	53.62	49.77	51.58
Operating Profit (EBIT)	54.47	53.58	51.45	48.34	47.51	34.38
Other Income	--	--	--	--	17.06	--
Profit before Tax	51.49	51.04	37.82	19.90	36.22	10.81
Provision for Tax	0.49	0.48	0.45	0.45	0.42	0.39
Profit after Tax (Net Income)	50.37	49.93	36.89	19.18	35.27	12.05
Minority Interest	-0.63	-0.63	-0.48	-0.54	0.53	0.21
Consolidated Profit	46.23	49.93	36.89	19.18	35.27	12.05

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	463.82	458.09	438.15	413.74	424.45	399.04
Minority Interest	-0.63	--	--	--	6.01	6.26
Non-Current Liabilities	698.07	689.93	641.65	585.66	634.59	650.91
Current Liabilities	0.25	17.48	49.15	107.96	43.72	52.14
Total Liabilities	1,168.23	1,171.26	1,134.64	1,113.24	1,102.77	1,102.09

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	1,122.92	1,121.29	1,034.61	1,047.69	1,056.64	1,049.62
Current Assets	45.07	49.98	100.03	65.55	46.13	52.47
Total Assets	1,200.50	1,165.49	1,134.64	1,113.24	1,102.77	1,102.09
Total Debt*	655.08	643.93	632.36	640.89	626.90	744.80
Net Current Assets	12.55	-3.11	50.87	16.06	1.67	0.33

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	50.77	58.23	45.29	44.43	48.87
Cash Flow from Investing Activities	--	-21.30	-16.01	-36.32	-6.71	-89.40
Cash from Financing Activities	--	-37.49	-31.49	-13.00	-47.28	32.32
Net Cash Inflow / Outflow	--	--	--	--	-9.56	-11.88

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	0.97	0.96	0.71	0.38	0.70	0.24
Cash EPS ($)	--	1.66	1.39	1.02	1.34	0.82
Adjusted Book Value ($)	--	8.83	8.45	8.10	8.47	7.98
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	0.98	1.12	0.89	0.89	0.98
Free Cash Flow per Share ($)	--	0.98	1.12	0.89	0.89	0.98

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	4.60	3.47	1.82	3.21	1.13
ROE (%)	11.01	11.14	8.66	4.58	8.57	3.27
ROA (%)	4.26	4.33	3.28	1.73	3.20	1.12
EBIT Margin (%)	51.91	52.66	46.21	35.67	45.11	28.23
Net Margin (%)	30.50	31.04	23.72	12.97	22.37	9.62
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	5.81	0.03	0.05	0.05	0.12	0.01
EBIT Growth (%)	30.41	17.89	36.18	-16.79	79.30	9.50
Net Profit Growth (%)	61.20	35.33	92.35	-45.62	192.75	99.67
EPS Growth (%)	60.31	0.35	0.89	-0.47	1.92	0.73
Book Value Growth (%)	5.74	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	19.78	14.43	19.92	32.72	13.70	42.02
Price / Book Value	2.10	1.57	1.68	1.52	1.14	1.27
Dividend Yield (%)	2.89	--	--	--	--	--
EV/EBITDA	13.31	11.27	12.75	14.70	11.54	18.67
Close Price ($)	16.15	13.89	14.17	12.29	9.64	10.13
High Price ($)	16.62	14.78	15.36	12.63	13.66	10.43
Low Price ($)	11.43	11.43	10.77	8.21	8.15	7.56
Market Cap ($ Cr)	988.01	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	1.41	1.41	1.44	1.55	1.48	1.87
Short term debt to equity ratio	0.00	0.04	0.00	0.15	0.00	0.26
Current Ratio	180.98	2.86	2.03	0.61	1.06	1.01
Quick Ratio	180.98	--	--	0.28	1.06	-0.22
Interest Coverage	2.50	2.52	2.11	1.61	2.33	1.44

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	22.67	23.28	51.86	21.70	19.17	18.55
Asset Turnover	0.14	0.14	0.14	0.13	0.13	0.12
Receivable days	--	134.08	132.41	72.91	65.20	67.91
Inventory Days	--	--	279.34	139.71	269.92	297.19
Payable days	--	314.58	275.83	258.07	345.60	449.09
Cash Conversion Cycle	--	--	135.93	-45.45	-10.48	-83.98

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.