What is Hines Global Income Trust, Inc.'s earnings per share (EPS)?

Hines Global Income Trust, Inc. (HGIT) reported diluted earnings per share of $0.06 for fiscal year 2025. This represents a 133.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hines Global Income Trust, Inc. Financials

HGIT

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Hines Global Income Trust, Inc. (HGIT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 25/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Hines Global Income Trust, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

Hines Global Income Trust, Inc.'s revenue surged 21.9% year-over-year to $425.2M, reflecting rapid business expansion. This strong growth earns a score of 61/100.

Leverage

Hines Global Income Trust, Inc. carries a low D/E ratio of 1.20, meaning only $1.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 78/100, indicating a strong balance sheet with room for future borrowing.

Returns

Hines Global Income Trust, Inc. generates a 0.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 9/100. This is up from -2.6% the prior year.

Piotroski F-Score Neutral

5/9

Hines Global Income Trust, Inc. passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

3.16x

For every $1 of reported earnings, Hines Global Income Trust, Inc. generates $3.16 in operating cash flow ($54.7M OCF vs $17.3M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$425.2M

YoY+21.9%

5Y CAGR+27.4%

10Y CAGR+46.4%

Hines Global Income Trust, Inc. generated $425.2M in revenue in fiscal year 2025. This represents an increase of 21.9% from the prior year.

EBITDA

N/A

Net Income

$17.3M

YoY+136.7%

5Y CAGR-29.8%

Hines Global Income Trust, Inc. reported $17.3M in net income in fiscal year 2025. This represents an increase of 136.7% from the prior year.

EPS (Diluted)

$0.06

YoY+133.3%

5Y CAGR-43.7%

Hines Global Income Trust, Inc. earned $0.06 per diluted share (EPS) in fiscal year 2025. This represents an increase of 133.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$172.1M

YoY+30.0%

5Y CAGR+25.2%

10Y CAGR+25.9%

Hines Global Income Trust, Inc. held $172.1M in cash against $2.4B in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

N/A

Margins & Returns

Gross Margin

62.0%

YoY+0.6pp

Hines Global Income Trust, Inc.'s gross margin was 62.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.6 percentage points from the prior year.

Operating Margin

N/A

Net Margin

4.1%

YoY+17.6pp

5Y CAGR-76.1pp

10Y CAGR+64.1pp

Hines Global Income Trust, Inc.'s net profit margin was 4.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 17.6 percentage points from the prior year.

Return on Equity

0.9%

YoY+3.5pp

5Y CAGR-10.9pp

10Y CAGR+7.9pp

Hines Global Income Trust, Inc.'s ROE was 0.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$251.2M

YoY+4.7%

5Y CAGR+51.3%

10Y CAGR+170.4%

Hines Global Income Trust, Inc. spent $251.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 4.7% from the prior year.

Capital Expenditures

N/A

HGIT Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$425.2M+21.9%	$348.9M+11.4%	$313.2M+20.7%	$259.5M+47.5%	$175.9M+38.9%	$126.6M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$263.7M+23.0%	$214.3M+12.7%	$190.2M+18.7%	$160.3M	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$8.9M+1.8%	$8.8M-7.7%	$9.5M+30.7%	$7.3M+31.4%	$5.5M+19.2%	$4.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$156.1M+21.7%	$128.2M+41.7%	$90.4M+104.2%	$44.3M+77.3%	$25.0M+19.8%	$20.8M
Income Tax	$2.0M+149.6%	$821K-65.4%	$2.4M+93.6%	$1.2M-69.3%	$4.0M+191.1%	-$4.4M
Net Income	$17.3M+136.7%	-$47.2M-22.2%	-$38.6M+19.7%	-$48.1M-22.8%	-$39.2M-138.6%	$101.5M
EPS (Diluted)	$0.06+133.3%	$-0.18-20.0%	$-0.15+34.8%	$-0.23+25.8%	$-0.31-129.2%	$1.06

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$123.9M+16.2%	$106.6M+5.4%	$101.2M+8.1%	$93.6M+3.5%	$90.4M+4.1%	$86.8M+0.7%	$86.2M+0.8%	$85.5M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	$76.2M+16.9%	$65.2M0.0%	$65.2M+14.4%	$57.0M+4.8%	$54.4M+2.0%	$53.3M-2.8%	$54.8M+5.9%	$51.8M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$3.3M+49.5%	$2.2M+56.3%	$1.4M-26.7%	$1.9M+5.9%	$1.8M-23.7%	$2.4M+15.6%	$2.1M-14.6%	$2.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$45.9M+15.5%	$39.7M+6.7%	$37.2M+12.1%	$33.2M+3.5%	$32.1M-7.6%	$34.7M+9.5%	$31.7M+6.4%	$29.8M
Income Tax	$734K+71.1%	$429K+170.6%	-$608K-140.7%	$1.5M+377.7%	-$538K-116.1%	-$249K-120.0%	$1.2M+246.7%	$360K
Net Income	-$51.3M-151.3%	-$20.4M+22.4%	-$26.3M-122.8%	$115.3M+1119.4%	-$11.3M-117.5%	-$5.2M+65.1%	-$14.9M+5.5%	-$15.8M
EPS (Diluted)	N/A	$-0.07+22.2%	$-0.09-121.4%	$0.42	N/A	$-0.02+66.7%	$-0.060.0%	$-0.06

HGIT Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$6.0B+40.1%	$4.3B+11.9%	$3.8B+3.9%	$3.7B+36.0%	$2.7B+45.2%	$1.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$172.1M+30.0%	$132.4M+25.4%	$105.6M-5.9%	$112.1M-43.0%	$196.6M+251.1%	$56.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.0B+63.1%	$2.5B+32.5%	$1.9B+13.6%	$1.6B+11.3%	$1.5B+46.7%	$1.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.4B+46.6%	$1.6B+17.6%	$1.4B+5.6%	$1.3B+4.6%	$1.2B+41.3%	$880.8M
Total Equity	$2.0B+9.0%	$1.8B-7.7%	$2.0B-3.9%	$2.0B+65.5%	$1.2B+43.4%	$862.2M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$6.0B+6.3%	$5.6B+10.9%	$5.1B+14.0%	$4.5B+4.3%	$4.3B+5.6%	$4.1B+3.1%	$3.9B+0.2%	$3.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$172.1M-57.2%	$402.6M-4.1%	$419.6M+84.3%	$227.7M+72.0%	$132.4M+13.3%	$116.9M+11.9%	$104.4M+15.9%	$90.1M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$4.0B+9.9%	$3.7B+17.7%	$3.1B+23.8%	$2.5B+1.9%	$2.5B+11.3%	$2.2B+6.3%	$2.1B+2.9%	$2.0B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.4B+10.5%	$2.1B+18.5%	$1.8B+24.6%	$1.5B-10.1%	$1.6B+7.2%	$1.5B+3.1%	$1.5B-1.9%	$1.5B
Total Equity	$2.0B-0.4%	$2.0B+0.3%	$2.0B+1.5%	$2.0B+7.5%	$1.8B-1.4%	$1.8B-0.6%	$1.9B-2.6%	$1.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HGIT Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$54.7M+1.2%	$54.0M+73.3%	$31.2M+173.0%	$11.4M-75.2%	$46.1M+365.0%	$9.9M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$1.5B-169.8%	-$548.3M-150.2%	-$219.1M+80.3%	-$1.1B-55.5%	-$714.8M-427.8%	-$135.4M
Financing Cash Flow	$1.4B+175.5%	$522.6M+202.4%	$172.8M-83.1%	$1.0B+26.7%	$805.5M+458.3%	$144.3M
Dividends Paid	$170.0M+8.9%	$156.1M+2.9%	$151.7M+23.5%	$122.9M+67.5%	$73.4M+35.4%	$54.2M
Share Buybacks	$251.2M+4.7%	$239.9M-8.2%	$261.3M+399.6%	$52.3M+17.7%	$44.4M+40.4%	$31.6M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$6.5M-78.7%	$30.6M+265.6%	$8.4M-7.8%	$9.1M-27.1%	$12.5M-51.5%	$25.7M+43.3%	$17.9M+972.4%	-$2.1M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$613.2M+0.7%	-$617.4M-73.9%	-$355.0M-433.6%	$106.4M+133.9%	-$313.5M-348.0%	-$70.0M-551.0%	-$10.8M+93.0%	-$154.0M
Financing Cash Flow	$373.8M-34.2%	$568.2M+8.3%	$524.7M+2042.7%	-$27.0M-108.8%	$305.4M+341.0%	$69.3M+835.7%	$7.4M-94.7%	$140.5M
Dividends Paid	$44.3M+3.0%	$43.1M+3.0%	$41.8M+2.7%	$40.7M+2.4%	$39.8M+2.0%	$39.0M+0.6%	$38.8M+0.6%	$38.5M
Share Buybacks	$73.2M+31.1%	$55.8M-13.3%	$64.4M+11.5%	$57.8M+39.2%	$41.5M-30.1%	$59.4M-16.1%	$70.7M+3.6%	$68.3M

HGIT Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	62.0%+0.6pp	61.4%+0.7pp	60.7%-1.0pp	61.8%	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	4.1%+17.6pp	-13.5%-1.2pp	-12.3%+6.2pp	-18.5%+3.7pp	-22.3%-102.5pp	80.2%
Return on Equity	0.9%+3.5pp	-2.6%-0.6pp	-2.0%+0.4pp	-2.4%+0.8pp	-3.2%-14.9pp	11.8%
Return on Assets	0.3%+1.4pp	-1.1%-0.1pp	-1.0%+0.3pp	-1.3%+0.1pp	-1.5%-6.9pp	5.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.20+0.3	0.89+0.2	0.70+0.1	0.64-0.4	1.01-0.0	1.02
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	61.5%+0.3pp	61.2%-3.3pp	64.5%+3.6pp	60.9%+0.7pp	60.2%-1.2pp	61.4%-2.2pp	63.6%+3.0pp	60.6%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	-41.4%-22.2pp	-19.1%+6.8pp	-26.0%-149.1pp	123.1%+135.7pp	-12.5%-6.5pp	-6.0%+11.3pp	-17.3%+1.2pp	-18.4%
Return on Equity	-2.6%-1.6pp	-1.0%+0.3pp	-1.3%-7.2pp	5.9%+6.5pp	-0.6%-0.3pp	-0.3%+0.5pp	-0.8%+0.0pp	-0.8%
Return on Assets	-0.9%-0.5pp	-0.4%+0.2pp	-0.5%-3.1pp	2.6%+2.8pp	-0.3%-0.1pp	-0.1%+0.3pp	-0.4%+0.0pp	-0.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.20+0.1	1.08+0.2	0.91+0.2	0.74-0.1	0.89+0.1	0.82+0.0	0.790.0	0.79
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Hines Global Income Trust, Inc.'s annual revenue?

Hines Global Income Trust, Inc. (HGIT) reported $425.2M in total revenue for fiscal year 2025. This represents a 21.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hines Global Income Trust, Inc.'s revenue growing?

Hines Global Income Trust, Inc. (HGIT) revenue grew by 21.9% year-over-year, from $348.9M to $425.2M in fiscal year 2025.

Is Hines Global Income Trust, Inc. profitable?

Yes, Hines Global Income Trust, Inc. (HGIT) reported a net income of $17.3M in fiscal year 2025, with a net profit margin of 4.1%.

How much debt does Hines Global Income Trust, Inc. have?

As of fiscal year 2025, Hines Global Income Trust, Inc. (HGIT) had $172.1M in cash and equivalents against $2.4B in long-term debt.

What is Hines Global Income Trust, Inc.'s gross margin?

Hines Global Income Trust, Inc. (HGIT) had a gross margin of 62.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hines Global Income Trust, Inc.'s net profit margin?

Hines Global Income Trust, Inc. (HGIT) had a net profit margin of 4.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hines Global Income Trust, Inc.'s return on equity (ROE)?

Hines Global Income Trust, Inc. (HGIT) has a return on equity of 0.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hines Global Income Trust, Inc.'s operating cash flow?

Hines Global Income Trust, Inc. (HGIT) generated $54.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hines Global Income Trust, Inc.'s total assets?

Hines Global Income Trust, Inc. (HGIT) had $6.0B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Hines Global Income Trust, Inc. buy back shares?

Yes, Hines Global Income Trust, Inc. (HGIT) spent $251.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Hines Global Income Trust, Inc.'s debt-to-equity ratio?

Hines Global Income Trust, Inc. (HGIT) had a debt-to-equity ratio of 1.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hines Global Income Trust, Inc.'s return on assets (ROA)?

Hines Global Income Trust, Inc. (HGIT) had a return on assets of 0.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hines Global Income Trust, Inc.'s Piotroski F-Score?

Hines Global Income Trust, Inc. (HGIT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hines Global Income Trust, Inc.'s earnings high quality?

Hines Global Income Trust, Inc. (HGIT) has an earnings quality ratio of 3.16x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Hines Global Income Trust, Inc.?

Hines Global Income Trust, Inc. (HGIT) scores 25 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.