Whitestone REIT (WSR)

Jul 14, 2026 - WSR was delisted (reason: acquired by Ares)

18.99

0.00 (0.00%)

Inactive · Last trade price on Jul 13, 2026

Whitestone REIT Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	164.24	160.86	154.28	146.97	139.42	125.37
Revenue Growth	5.88%	4.26%	4.98%	5.41%	11.21%	6.32%
Gross Profit	112.88	110.72	108.3	101.01	96.13	86.04
Operating Income	54.52	53.58	50.22	47.39	46.35	34.47
Net Income	50.37	49.93	36.89	19.18	35.27	12.05
Earnings Per Share	0.96	0.95	0.72	0.38	0.71	0.26
EPS Growth	60.00%	31.94%	89.47%	-46.48%	173.08%	85.71%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	6.02	4.89	5.22	4.57	6.17	15.72
Total Debt	1.21	0.74	0.78	640.89	626.16	642.84
Net Cash (Debt)	4.8	4.15	4.44	-636.32	-620	-627.12
Net Cash Growth	-	-6.66%	-	-	-	-
Net Cash Per Share	0.09	0.08	0.09	-12.52	-12.41	-13.53

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	51.25	50.77	58.23	47.6	44.43	47.04
Capital Expenditures	-118.12	-110.52	-78.16	-42.53	-40.44	-91.23
Free Cash Flow	-66.86	-59.75	-19.93	5.07	3.99	-44.19
Free Cash Flow Growth	-	-	-	26.96%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	68.73%	68.83%	70.20%	68.73%	68.95%	68.63%
Operating Margin	33.19%	33.31%	32.55%	32.24%	33.25%	27.49%
Pretax Margin	31.35%	31.73%	24.53%	15.69%	25.81%	8.13%
Profit Margin	31.05%	31.43%	24.24%	15.38%	25.51%	8.31%
FCF Margin	-40.71%	-37.14%	-12.92%	3.45%	2.86%	-35.25%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	0.570	0.540	0.491	0.480	0.467	0.428
Dividend Per Share Growth	-2.16%	9.89%	2.38%	2.67%	9.14%	-28.61%
Dividend Yield	3.00%	3.87%	3.45%	3.89%	4.84%	4.19%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	19.83	14.62	19.68	32.34	13.58	38.96
P/FCF Ratio	-	-	-	120.24	119.29	-
PS Ratio	6.02	4.41	4.66	4.15	3.42	3.97