Whitestone REIT (WSR) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI

Whitestone REIT (WSR) Fundamentals — Income, Balance Sheet & Cash Flow | MarketCI | MarketCI

WSR

Market Closed

Whitestone REIT

NYSEReal Estate REIT - Retail

70 employees

CEO: David K. Holeman

Founded: 2010

$18.99

+$0.00(+NaN%)

Market Cap

975.97M

Beta

0.79

52W Range

N/A

Dividend Yield

2.92%

Overview Forecasts Fundamental Market Sentiment Valuation Ownership

Financial Statements

Comprehensive breakdown of financial statements and performance metrics

Gross Margin

68.8%

1.1%

CAGR: 6.5%

Profit after direct costs

Operating Margin

33.3%

4.1%

CAGR: 11.7%

Core business profitability

Net Margin

31.0%

35.3%

CAGR: 42.7%

Bottom line profitability

Revenue Growth

3.4%

YoY

CAGR: 6.4%

Top line growth rate

Revenue Flow Analysis

Visual flow showing how WSR allocates revenue across expenses and profit

Fiscal Year 2025

Revenue Distribution

Flow of revenue through cost categories to net income

Gross Margin

68.8%

$110.72M

Operating Margin

33.3%

$53.58M

Net Margin

31.0%

$49.93M

Detailed Income Statement

Complete profit and loss breakdown with margin analysis and historical comparison

Item	2021	2022	2023	2024	2025	YoY Change
Total Revenue	125.28M	140.58M	147.92M	155.51M	160.86M	3.4%
Cost of Revenue	(39.32M)	(43.30M)	(45.96M)	(45.98M)	(50.13M)	9.0%
Gross Profit	85.95M	97.28M	101.96M	109.53M	110.72M	1.1%
Operating Expenses
Research & Development	—	—	—	—	—	—
Selling, General & Administrative	(22.63M)	(18.07M)	(20.65M)	(23.19M)	(21.22M)	-8.5%
General & Administrative	(22.63M)	(18.07M)	(20.65M)	(23.19M)	(21.22M)	-8.5%
Depreciation & Amortization	(28.95M)	(31.71M)	(33.06M)	(34.98M)	(35.93M)	2.7%
Operating Income (EBIT)	34.38M	47.51M	48.34M	51.45M	53.58M	4.1%
Non-Operating Items
Interest Income	116.00K	65.00K	51.00K	87.00K	408.00K	369.0%
Interest Expense	(24.56M)	(27.19M)	(32.87M)	(34.03M)	(33.67M)	-1.1%
Other Income/Expenses (Net)	-23.57M	-11.29M	-28.44M	-13.63M	-2.54M	-81.4%
Income Before Tax	10.80M	36.22M	19.90M	37.82M	51.04M	34.9%
Income Tax Expense	(385.00K)	(422.00K)	(450.00K)	(450.00K)	(482.00K)	7.1%
Net Income	12.05M	35.27M	19.18M	36.89M	49.93M	35.3%
Per Share Metrics
Earnings Per Share (Basic)	$0	$1	$0	$1	$1	34.2%
Weighted Avg Shares Outstanding	45.49M	49.26M	49.50M	50.21M	50.65M	0.9%
Weighted Avg Shares Outstanding (Diluted)	46.34M	49.95M	50.81M	51.35M	51.86M	1.0%
EBITDA	64.32M	95.12M	85.83M	106.84M	120.64M	12.9%

Explore WSR

Overview

Key metrics and AI-powered insights

Forecast

Price targets and earnings estimates

Fundamentals

Income, balance sheet and cash flow

Valuation

P/E, DCF and valuation multiples

Ownership

Institutional and insider holdings

Sentiment

Analyst ratings and news sentiment

WSR in the Real Estate

Small Cap

Real Estate

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REIT - Retail

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