Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
34.39
-0.34 (-0.98%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Highwoods Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | 2018 - 2014 |
|---|---|---|---|---|---|---|---|
Period Ending | Sep '24 Sep 30, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | Dec '19 Dec 31, 2019 | 2018 - 2014 |
| Rental Revenue | 827.2 | 834 | 828.93 | 768.01 | 736.9 | 735.98 | Upgrade
|
| Other Revenue | 2.1 | 1.11 | 1.54 | 1.95 | 4.01 | 3.28 | Upgrade
|
| Total Revenue | 829.29 | 835.1 | 830.46 | 769.95 | 740.91 | 739.26 | Upgrade
|
| Revenue Growth (YoY | -1.42% | 0.56% | 7.86% | 3.92% | 0.22% | 2.35% | Upgrade
|
| Property Expenses | 270.25 | 268.78 | 259.81 | 236.44 | 231.83 | 248.51 | Upgrade
|
| Selling, General & Administrative | 43.94 | 42.86 | 42.27 | 40.55 | 41.03 | 44.07 | Upgrade
|
| Depreciation & Amortization | 305.53 | 299.41 | 287.61 | 259.26 | 241.59 | 254.5 | Upgrade
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| Total Operating Expenses | 619.72 | 611.05 | 589.68 | 536.24 | 514.44 | 547.08 | Upgrade
|
| Operating Income | 209.57 | 224.05 | 240.78 | 233.71 | 226.46 | 192.17 | Upgrade
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| Interest Expense | -145.23 | -136.71 | -105.39 | -85.85 | -80.96 | -81.65 | Upgrade
|
| Other Non-Operating Income | 12.51 | 5.04 | 1.53 | 1.68 | 1.97 | -1.87 | Upgrade
|
| EBT Excluding Unusual Items | 76.85 | 92.38 | 136.93 | 149.54 | 147.47 | 108.66 | Upgrade
|
| Gain (Loss) on Sale of Investments | - | 11.78 | - | - | - | - | Upgrade
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| Gain (Loss) on Sale of Assets | 70.54 | 47.77 | 63.55 | 174.06 | 215.9 | 39.52 | Upgrade
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| Asset Writedown | - | - | -36.52 | - | -1.78 | -5.85 | Upgrade
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| Other Unusual Items | -0.6 | -0.6 | - | -0.29 | -3.67 | -0.64 | Upgrade
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| Pretax Income | 146.79 | 151.33 | 163.96 | 323.31 | 357.91 | 141.68 | Upgrade
|
| Earnings From Continuing Operations | 146.79 | 151.33 | 163.96 | 323.31 | 357.91 | 141.68 | Upgrade
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| Net Income to Company | 146.79 | 151.33 | 163.96 | 323.31 | 357.91 | 141.68 | Upgrade
|
| Minority Interest in Earnings | -2.81 | -2.62 | -4.9 | -10.03 | -10.51 | -4.77 | Upgrade
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| Net Income | 143.97 | 148.72 | 159.06 | 313.28 | 347.4 | 136.92 | Upgrade
|
| Preferred Dividends & Other Adjustments | 2.49 | 2.49 | 2.49 | 2.49 | 2.49 | 2.49 | Upgrade
|
| Net Income to Common | 141.49 | 146.23 | 156.57 | 310.79 | 344.91 | 134.43 | Upgrade
|
| Net Income Growth | 4.13% | -6.50% | -49.23% | -9.82% | 153.73% | -20.32% | Upgrade
|
| Basic Shares Outstanding | 106 | 106 | 105 | 104 | 104 | 104 | Upgrade
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| Diluted Shares Outstanding | 108 | 108 | 108 | 107 | 107 | 106 | Upgrade
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| Shares Change (YoY) | 0.30% | 0.20% | 0.47% | 0.33% | 0.25% | 0.17% | Upgrade
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| EPS (Basic) | 1.34 | 1.39 | 1.49 | 2.98 | 3.32 | 1.30 | Upgrade
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| EPS (Diluted) | 1.34 | 1.39 | 1.49 | 2.98 | 3.32 | 1.30 | Upgrade
|
| EPS Growth | 3.74% | -6.97% | -50.03% | -10.21% | 156.09% | -20.80% | Upgrade
|
| Dividend Per Share | 2.000 | 2.000 | 2.000 | 1.980 | 1.920 | 1.905 | Upgrade
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| Dividend Growth | 0% | 0% | 1.01% | 3.13% | 0.79% | 2.28% | Upgrade
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| Operating Margin | 25.27% | 26.83% | 28.99% | 30.35% | 30.57% | 26.00% | Upgrade
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| Profit Margin | 17.06% | 17.51% | 18.85% | 40.36% | 46.55% | 18.18% | Upgrade
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| Free Cash Flow Margin | 48.55% | 46.34% | 50.79% | 53.84% | 48.34% | 49.48% | Upgrade
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| EBITDA | 471.57 | 478.27 | 481.36 | 451 | 429.26 | 404.51 | Upgrade
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| EBITDA Margin | 56.86% | 57.27% | 57.96% | 58.58% | 57.94% | 54.72% | Upgrade
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| D&A For Ebitda | 262 | 254.22 | 240.58 | 217.29 | 202.8 | 212.33 | Upgrade
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| EBIT | 209.57 | 224.05 | 240.78 | 233.71 | 226.46 | 192.17 | Upgrade
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| EBIT Margin | 25.27% | 26.83% | 28.99% | 30.35% | 30.57% | 26.00% | Upgrade
|
| Funds From Operations (FFO) | 405.69 | 413.26 | 433.32 | 413.31 | 382.07 | 354.77 | Upgrade
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| FFO Per Share | 3.76 | 3.83 | 4.03 | 3.86 | 3.58 | 3.33 | Upgrade
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| Adjusted Funds From Operations (AFFO) | - | 413.26 | 433.32 | 413.31 | 382.07 | 354.77 | Upgrade
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| AFFO Per Share | - | 3.83 | 4.03 | 3.86 | 3.58 | 3.33 | Upgrade
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| FFO Payout Ratio | 52.19% | 51.06% | 48.51% | 49.40% | 52.17% | 55.51% | Upgrade
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Source: S&P Capital IQ. Real Estate template. Financial Sources.