Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
21.57
-0.24 (-1.10%)
At close: Mar 12, 2026, 4:00 PM EDT
21.68
+0.11 (0.51%)
After-hours: Mar 12, 2026, 7:11 PM EDT

Highwoods Properties Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
162.65104.25151.33163.96323.31
Depreciation & Amortization
294.95299.05299.41287.61259.26
Stock-Based Compensation
8.2186.987.558.65
Other Adjustments
-82.31-11.57-50.84-20.87-170.06
Change in Receivables
1.44-3.22-0.55-10.965.74
Changes in Other Operating Activities
-25.747.08-19.38-5.52-12.33
Operating Cash Flow
359.21403.58386.96421.78414.56
Operating Cash Flow Growth
-11.00%4.30%-8.25%1.74%15.75%
Capital Expenditures
-646.22-239.81-228.99-466.44-525.2
Sale of Property, Plant & Equipment
195.16100.93101.83130.04374.02
Payments for Business Acquisitions
-----127.34
Proceeds from Business Divestments
24.14----
Other Investing Activities
-13.75-163.56-42.52-278.4-9.15
Investing Cash Flow
-440.66-302.44-169.69-614.8-287.68
Short-Term Debt Issued
476339249675380
Short-Term Debt Repaid
-555-255-615-359-310
Net Short-Term Debt Issued (Repaid)
-7984-36631670
Long-Term Debt Issued
379.88-590.35550200
Long-Term Debt Repaid
-38.87-7.06-206.73-456.44-353.78
Net Long-Term Debt Issued (Repaid)
341.01-7.06383.6393.56-153.78
Issuance of Common Stock
63.0253.521.747.5723.92
Repurchase of Common Stock
-2.02-1.44-1.49-5.92-1.72
Net Common Stock Issued (Repurchased)
6152.080.251.6522.2
Repurchase of Preferred Stock
-2.12--0.01--0.01
Net Preferred Stock Issued (Repurchased)
-2.12--0.01--0.01
Common Dividends Paid
-216.73-212.35-211.02-210.18-204.18
Preferred Share Dividends Paid
-2.36-2.49-2.49-2.49-2.49
Other Financing Activities
-10.98-13.23-9.79-10.61-16.67
Financing Cash Flow
90.83-99.04-205.43187.93-284.93
Net Cash Flow
9.372.1111.85-5.09-158.05
Free Cash Flow
-287.01163.77157.97-44.66-110.65
Free Cash Flow Growth
-3.67%---
FCF Margin
-35.60%19.83%18.94%-5.39%-14.41%
Free Cash Flow Per Share
-2.601.511.47-0.42-1.03
Levered Free Cash Flow
42.26243.02214.89381.78-51.27
Unlevered Free Cash Flow
-176.33254.45273.9818.38-46.52
Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.
SEC Filings: 10-K · 10-Q