Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
33.32
+0.19 (0.57%)
At close: Aug 3, 2026, 4:00 PM EDT
33.77
+0.45 (1.35%)
After-hours: Aug 3, 2026, 4:36 PM EDT
Highwoods Properties Financials Overview
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 | Jun '26 Jun 30, 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 Revenue Growth | 835.54 | 806.11 | 825.86 | 834 | 828.93 | 768.01 |
Revenue Growth | 3.05% | -2.39% | -0.97% | 0.61% | 7.93% | 4.22% |
Gross Profit Gross Profit Growth | 561.59 | 544.74 | 553.69 | 565.22 | 569.12 | 531.57 |
Operating Income Operating Income Growth | 206.46 | 200.68 | 188.14 | 222.95 | 202.73 | 231.76 |
Net Income Net Income Growth | 166.37 | 157.25 | 99.76 | 146.23 | 156.57 | 310.79 |
Earnings Per Share EPS Growth | 1.52 | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 |
EPS Growth | 28.81% | 54.25% | -32.37% | -6.71% | -50.00% | -10.24% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Unallocated Equity in Earnings of Unconsolidated Affiliates Unallocated Equity in Earnings of Unconsolidated Affiliates Growth | 3.32 | 2.37 | 4.16 | 1.11 | 1.54 | 1.95 |
Office - Atlanta Office - Atlanta Growth | 145.98 | 144.96 | 146.17 | 143.74 | 143.9 | 143.61 |
Office - Charlotte Office - Charlotte Growth | 106.32 | 93.39 | 88 | 85.98 | 73.72 | 49.35 |
Office - Nashville Office - Nashville Growth | 152.6 | 156.6 | 169.16 | 171.8 | 174.34 | 149.67 |
Office - Orlando Office - Orlando Growth | 57.49 | 57.13 | 58.44 | 58 | 54.8 | 51.28 |
Office - Raleigh Office - Raleigh Growth | 195.56 | 180.74 | 173.16 | 181.96 | 182.99 | 162.12 |
Office - Richmond Office - Richmond Growth | 32.34 | 36.19 | 35.27 | 35.92 | 43.08 | 45.94 |
Office - Tampa Office - Tampa Growth | 90.28 | 88.04 | 98.89 | 99.42 | 94.73 | 97.95 |
Other Other Growth | 48.96 | 49.06 | 56.78 | 57.17 | 61.36 | 68.08 |
Total Total Growth | 838.86 | 808.48 | 830.02 | 835.1 | 830.46 | 769.95 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Cash & Investments Cash & Investments Growth | 145.38 | 27.36 | 22.41 | 25.12 | 21.36 | 23.15 |
Total Debt Total Debt Growth | 3,516 | 3,554 | 3,294 | 3,213 | 3,197 | 2,789 |
Net Cash (Debt) Net Cash Growth | -3,370 | -3,527 | -3,271 | -3,188 | -3,176 | -2,766 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -30.17 | -31.90 | -30.20 | -29.58 | -29.52 | -25.83 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | 384.43 | 359.21 | 403.58 | 386.96 | 421.78 | 414.56 |
Capital Expenditures CapEx Growth | -847.28 | -646.22 | -239.81 | -228.99 | -466.44 | -525.2 |
Free Cash Flow Free Cash Flow Growth | -462.85 | -287.01 | 163.77 | 157.97 | -44.66 | -110.65 |
Free Cash Flow Growth | - | - | 3.67% | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 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 |
Gross Margin | 67.21% | 67.58% | 67.04% | 67.77% | 68.66% | 69.21% |
Operating Margin | 24.71% | 24.89% | 22.78% | 26.73% | 24.46% | 30.18% |
Pretax Margin | 21.33% | 20.18% | 12.62% | 18.15% | 19.78% | 42.10% |
Profit Margin | 21.33% | 20.18% | 12.62% | 18.15% | 19.78% | 42.10% |
FCF Margin | -55.40% | -35.60% | 19.83% | 18.94% | -5.39% | -14.41% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 3, 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 |
Dividend Per Share Dividend Per Share Growth | 2.000 | 2.000 | 2.000 | 2.000 | 2.000 | 1.980 |
Dividend Per Share Growth | 0% | 0% | 0% | 0% | 1.01% | 3.13% |
Dividend Yield | 6.00% | 7.74% | 6.54% | 8.71% | 7.15% | 4.39% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 3, 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 |
PE Ratio | 21.97 | 17.81 | 32.53 | 16.52 | 18.78 | 14.96 |
P/FCF Ratio | - | - | 20.10 | 15.36 | - | - |
PS Ratio | 4.46 | 3.52 | 3.99 | 2.91 | 3.55 | 6.09 |