Whitestone REIT

Whitestone REIT

WSRยทNYSE

$19.05

+0.13%
Real EstateREIT - Retail

Whitestone is a community-centered shopping center REIT that acquires, owns, manages, develops and redevelops high-quality open-air neighborhood centers primarily in the largest, fastest-growing and most affluent markets in the Sunbelt. Whitestone seeks to create communities that thrive through creating local connections between consumers in the surrounding communities and a well-crafted mix of national, regional and local tenants that provide daily necessities, needed services, entertainment and experiences. Whitestone is a monthly dividend paying stock and has consistently paid dividends for over 15 years. Whitestone's strong, balanced and managed capital structure provides stability and flexibility for growth and positions Whitestone to perform well through economic cycles.

At a Glance

Live Snapshot
Market Cap$978.80M
EPS0.9800
P/E Ratio19.43
Earnings Date08/04/2026
3Y+14.0%
5Y+30.0%
10Y+54.0%
3Y+42.0%
5Y+727.0%
10Y+530.0%
3Y+14.0%
5Y+19.0%
10Y+30.0%
Whitestone REIT

Whitestone REIT Profit Bridge

WSR ยท NYSE
Revenue160.86M
Cost of Goods Sold (50.13M)
Gross Profit110.72M
Operating Expenses (57.15M)
Operating Income53.58M
Interest Expense (33.67M)
Other Income/Expense-2.54M
Pretax Income51.04M
Income Tax (482.00K)
Net Income49.93M
Net Income
49.93M

Profitability Analysis

Gross Margin

68.8%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

33.3%

Outstanding operational efficiency. The company generates substantial profit from core operations.

Net Profit Margin

31.0%

Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.

Effective Tax Rate

0.9%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Whitestone REIT Income Statement

WSR โ€ข NYSE

Whitestone REIT Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
160.9M
155.5M
147.9M
140.6M
125.3M
123.6M
119.3M
119.9M
126M
104.4M
93.4M
72.4M
62.1M
46.6M
34.9M
31.5M
32.7M
31.2M
31M
29.8M
GROSS PROFIT
(50.1M)
(46M)
(46M)
(43.3M)
(39.3M)
(38.6M)
(36.9M)
(37.4M)
(42.1M)
(34.1M)
(31.3M)
(25.2M)
(23.5M)
(17.6M)
(13.3M)
(12.3M)
(13M)
(13.2M)
(9.2M)
(10.9M)
110.7M
109.5M
102M
97.3M
86M
85M
82.3M
82.4M
83.8M
70.3M
62.1M
47.2M
38.6M
28.9M
21.6M
19.3M
19.7M
18M
21.8M
18.9M
OPERATING INCOME
(57.1M)
(58.1M)
(53.6M)
(49.8M)
(51.6M)
(85M)
(48.4M)
(49M)
(51.2M)
(46.4M)
(40.1M)
(31M)
(24.3M)
(17.8M)
(15M)
(12.2M)
(11.5M)
(13.6M)
(16.9M)
(11.4M)
(21.2M)
(23.2M)
(20.7M)
(18.1M)
(22.6M)
(21.3M)
(21.7M)
(23.3M)
(23.9M)
(23.9M)
(20.3M)
(15.3M)
(10.9M)
(7.6M)
(6.6M)
(5M)
(6.1M)
(6.7M)
(6.7M)
(4.5M)
53.6M
51.4M
48.3M
47.5M
34.4M
0.0
49.7M
33.5M
32.7M
24M
22M
16.2M
14.3M
11.1M
1.3M
1.4M
2.5M
4.4M
5M
7.5M
PRE-TAX INCOME
(33.7M)
(34M)
(32.9M)
(27.2M)
(24.6M)
(25.8M)
(26.3M)
(25.2M)
(23.7M)
(19.2M)
(14.9M)
(10.6M)
(10M)
(8.7M)
(5.7M)
(5.6M)
(5.7M)
(5.9M)
(5.4M)
(5.3M)
-33.3M
-33.9M
-32.8M
-27.1M
-24.4M
-25.5M
-25.6M
-24.1M
-23.2M
-18.8M
-14.6M
-10.5M
-9.8M
-8.3M
-5.9M
-6M
-5.7M
-5.7M
-4.8M
-4.9M
(35.9M)
(34.9M)
(33M)
(31.7M)
(29M)
(63.7M)
(26.7M)
(25.7M)
(27.2M)
(22.5M)
(19.8M)
(15.7M)
(13.4M)
-2.2M
(8.4M)
(7.2M)
(5.4M)
(6.9M)
(10.1M)
(6.9M)
-2.5M
-13.6M
-28.4M
-11.3M
-23.6M
6.5M
0.0
-38.9M
-23.7M
-15.6M
-14.8M
-10.6M
-10.4M
-3.6M
0.0
-5.5M
-4.4M
-5.9M
-5.3M
-4.7M
51M
37.8M
19.9M
36.2M
10.8M
6.5M
24M
22.3M
9.3M
8.4M
7.2M
5.6M
4.2M
339K
1.6M
2M
2.3M
-1.2M
94K
1.8M
NET INCOME
(482K)
(450K)
(450K)
(422K)
(385K)
(379K)
(400K)
(347K)
(386K)
(289K)
(372K)
(282K)
(305K)
(286K)
(225K)
(264K)
(222K)
(219K)
(217K)
(5.8M)
49.9M
36.9M
19.2M
35.3M
12M
6M
23.7M
21.4M
8.3M
7.9M
6.7M
7.6M
3.8M
50K
1.1M
1.1M
1.3M
1.1M
-77K
1.8M

SEC Filings

WSR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
10-K/A

10-K/A 2025 FY (Amended)

FY

April 30, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

April 09, 2026
April 08, 2026
2026
10-K

10-K 2025 FY

FY

March 06, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 25, 2026
February 25, 2026
2026
8-K

8-K 2025

N/A

December 19, 2025
December 18, 2025
2025
8-K

8-K 2025

N/A

December 15, 2025
December 12, 2025
2025
10-Q

10-Q 2025 Q3

Q3

October 31, 2025
September 30, 2025
2025
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
8-K

8-K 2025

N/A

September 23, 2025
September 19, 2025
2025
Showing 1 to 10 of 401 filings