Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
31.07
+0.14 (0.45%)
At close: Nov 13, 2026, 4:00 PM EST
31.07
0.00 (0.00%)
After-hours: Nov 13, 2026, 7:00 PM EST

Highwoods Properties Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
855.44808.48830.02835.1830.46769.95
Revenue Growth
5.38%-2.60%-0.61%0.56%7.86%3.92%
Net Income
185.24157.2599.76146.23156.57310.79
Earnings Per Share
1.681.450.941.391.492.98
EPS Growth
45.07%54.30%-32.19%-6.97%-50.03%-10.21%

Revenue by Segment

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Office - Atlanta
146.21144.96146.17143.74143.9143.61
Office - Charlotte
113.2293.398885.9873.7249.35
Office - Nashville
151.03156.6169.16171.8174.34149.67
Office - Orlando
58.3257.1358.445854.851.28
Office - Raleigh
203.34180.74173.16181.96182.99162.12
Office - Richmond
29.0136.1935.2735.9243.0845.94
Office - Tampa
92.2688.0498.8999.4294.7397.95
Other
49.4649.0656.7857.1761.3668.08
Unallocated Equity in Earnings of Unconsolidated Affiliates
3.492.374.161.111.541.95
Total
855.44808.48830.02835.1830.46769.95

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
279.2127.3622.4125.1221.3623.15
Total Debt
3,5123,6343,2943,2133,1972,789
Net Cash (Debt)
-3,233-3,607-3,271-3,188-3,176-2,766
Net Cash Growth
------
Net Cash Per Share
-28.82-32.62-30.20-29.58-29.52-25.83

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
379.54359.21403.58386.96421.78414.56
Free Cash Flow
379.54359.21403.58386.96421.78414.56
Free Cash Flow Growth
4.49%-11.00%4.30%-8.25%1.74%15.75%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Margin
26.07%26.20%26.13%26.83%28.99%30.35%
Pretax Margin
22.67%20.12%12.56%18.12%19.74%41.99%
Profit Margin
21.65%19.45%12.02%17.51%18.85%40.37%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
2.0002.0002.0002.0002.0001.980
Dividend Per Share Growth
0%0%0%0%1.01%3.13%
Dividend Yield
6.44%7.75%6.64%8.71%7.15%4.46%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
18.4718.0432.5016.6018.8014.98
PS Ratio
4.083.513.912.913.546.05