Whitestone REIT WSR

Latest FY: 2025 Real Estate REIT - Retail
Market Price $18.99
Market Cap $975.97M
P/E Ratio 19.99
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↑4.3% YoY
$160.86M
3-Yr CAGR: 4.9%
Net Income ↑35.3% YoY
$49.93M
Net Margin: 31.0%
Free Cash Flow ↓-13.0% YoY
$50.47M
FCF Yield: 5.17%
EPS (Diluted) ↑31.9% YoY
$0.95
Basic: $0.98
Return on Equity Efficiency
10.9%
ROA: 4.3%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (WSR)

All monetary values in millions ($M)
⚠️ YoY Data Quality Alert
  • FY 2017: Revenue YoY (+20.6%) is identical to Gross Profit YoY (+20.6%). Verify the underlying Revenue and Gross Profit values for FY 2017 and FY 2016.
  • FY 2023: Revenue YoY (+5.4%) is identical to Gross Profit YoY (+5.4%). Verify the underlying Revenue and Gross Profit values for FY 2023 and FY 2022.
  • FY 2024: Revenue YoY (+5.0%) is identical to Gross Profit YoY (+5.0%). Verify the underlying Revenue and Gross Profit values for FY 2024 and FY 2023.
  • FY 2025: Revenue YoY (+4.3%) is identical to Gross Profit YoY (+4.3%). Verify the underlying Revenue and Gross Profit values for FY 2025 and FY 2024.
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $104.4M $39.1M $7.9M $0.26 $39.2M
FY 2017 $126.0M +20.6% $47.2M $8.3M +5.1% $0.22 -15.4% $41.0M
FY 2018 $119.9M -4.8% $82.4M $21.4M +157.2% $0.52 +136.4% $39.6M
FY 2019 $119.3M -0.5% $33.9M $23.7M +10.5% $0.57 +9.6% $47.7M
FY 2020 $117.9M -1.1% $29.7M $6.0M -74.5% $0.14 -75.4% $42.8M
FY 2021 $125.4M +6.3% $34.5M $12.0M +99.7% $0.26 +85.7% $47.0M
FY 2022 $139.4M +11.2% $52.3M $35.3M +192.7% $0.71 +173.1% $44.4M $44.3M
FY 2023 $147.0M +5.4% $55.1M $19.2M -45.6% $0.38 -46.5% $47.6M $47.5M +7.1%
FY 2024 $154.3M +5.0% $57.8M $36.9M +92.4% $0.72 +89.5% $58.2M $58.0M +22.2%
FY 2025 $160.9M +4.3% $60.3M $49.9M +35.3% $0.95 +31.9% $50.8M $50.5M -13.0%
$

Valuation

Market Price $18.99
Market Cap $975.97M
Enterprise Value $1.62B
P/E Ratio 19.99
P/B Ratio 2.13
FCF Yield 5.17%
Dividend Yield 5.16%
Shares Outstanding 51,394,000
%

Profitability & Margins

Gross Margin 37.49%
Operating Margin 31.34%
Net Margin 31.04%
Return on Equity (ROE) 10.90%
Return on Assets (ROA) 4.26%
Asset Turnover 0.14x
Revenue 3-Yr CAGR 4.88%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity 1.418
Debt / Assets 0.554
Cash & Equivalents $4.89M
Total Debt $649.40M
Book Value / Share $8.91
💧

Cash Flow Efficiency

Operating Cash Flow $50.77M
Capital Expenditures (CapEx) $300.00K
Free Cash Flow $50.47M
OCF / Revenue 31.56%
FCF / Revenue 31.38%
FCF 3-Yr CAGR 4.42%
🏷️

Per Share Metrics

EPS (Diluted) $0.95
EPS (Basic) $0.98
Dividends / Share $0.98
Book Value / Share $8.91
EPS YoY Growth 31.94%
🏛️

Balance Sheet (FY 2025)

Total Assets $1.17B
Total Liabilities $707.40M
Stockholders' Equity $458.09M
Current Assets N/A
Current Liabilities N/A