Highwoods Properties, Inc. (HIW)

NYSE: HIW · Real-Time Price · USD

25.56

+0.15 (0.59%)

At close: May 12, 2026, 4:00 PM EDT

25.24

-0.32 (-1.27%)

After-hours: May 12, 2026, 7:00 PM EDT

Highwoods Properties Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

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	819.76	806.11	825.86	834	828.93	768.01
Revenue Growth (YoY)	0.59%	-2.39%	-0.97%	0.61%	7.93%	4.22%
Property Expenses	267.46	261.37	272.17	268.78	259.81	236.44
Total Property Expenses	267.46	261.37	272.17	268.78	259.81	236.44
Gross Profit	552.31	544.74	553.69	565.22	569.12	531.57
Selling, General & Admin	41.28	40.31	41.9	42.86	42.27	40.55
Depreciation & Amortization Expenses	301.09	294.95	299.05	299.41	287.61	259.26
Other Operating Expenses	8.8	8.8	24.6	-	36.52	-
Operating Income	201.14	200.68	188.14	222.95	202.73	231.76
Net Gains on Disposal of Properties	41.9	102.45	46.82	59.55	63.55	174.06
Interest Income	4.04	2.37	4.16	1.11	1.54	1.95
Interest Expense	-157.49	-152.43	-147.2	-136.71	-105.39	-85.85
Other Non-Operating Income (Expense)	11.13	9.59	12.34	4.44	1.53	1.39
Total Non-Operating Income (Expense)	-100.42	-38.03	-83.89	-71.62	-38.77	91.55
Pretax Income	100.72	162.65	104.25	151.33	163.96	323.31
Net Income	91.17	157.25	99.76	146.23	156.57	310.79
Minority Interest in Earnings	2.54	3.04	2.01	3.11	4.9	10.03
Net Income Attributable to Preferred Dividends	2.31	2.36	2.49	2.49	2.49	2.49
Net Income to Common	91.17	157.25	99.76	146.23	156.57	310.79
Net Income Growth	-46.73%	57.63%	-31.78%	-6.60%	-49.62%	-9.89%
Shares Outstanding (Basic)	109	108	106	106	105	104
Shares Outstanding (Diluted)	111	111	108	108	108	107
Shares Change (YoY)	2.15%	2.08%	0.50%	0.20%	0.47%	0.33%
EPS (Basic)	0.84	1.45	0.94	1.39	1.49	2.98
EPS (Diluted)	0.84	1.45	0.94	1.39	1.49	2.98
EPS Growth	-47.50%	54.25%	-32.37%	-6.71%	-50.00%	-10.24%
Shares Outstanding	110.27	109.91	107.62	105.71	105.21	104.89
Free Cash Flow	-456.24	-287.01	163.77	157.97	-44.66	-110.65
Free Cash Flow Growth	-	-	3.67%	-	-	-
Free Cash Flow Per Share	-4.11	-2.60	1.51	1.47	-0.42	-1.03
Dividends Per Share	2.000	2.000	2.000	2.000	2.000	1.980
Dividend Growth	-	-	-	-	1.01%	3.13%
Gross Margin	67.37%	67.58%	67.04%	67.77%	68.66%	69.21%
Operating Margin	24.54%	24.89%	22.78%	26.73%	24.46%	30.18%
Profit Margin	12.29%	20.18%	12.62%	18.15%	19.78%	42.10%
FCF Margin	-55.66%	-35.60%	19.83%	18.94%	-5.39%	-14.41%
EBITDA	502.22	495.63	487.19	522.36	490.34	491.02
EBITDA Margin	61.26%	61.48%	58.99%	62.63%	59.15%	63.93%
EBIT	201.14	200.68	188.14	222.95	202.73	231.76
EBIT Margin	24.54%	24.89%	22.78%	26.73%	24.46%	30.18%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q