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
33.32
0.00 (0.00%)
After-hours: Aug 3, 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 | 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 |
| 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% |
Property Expenses | 273.96 | 261.37 | 272.17 | 268.78 | 259.81 | 236.44 |
Total Property Expenses | 273.96 | 261.37 | 272.17 | 268.78 | 259.81 | 236.44 |
Gross Profit | 561.59 | 544.74 | 553.69 | 565.22 | 569.12 | 531.57 |
Selling, General & Admin | 40.86 | 40.31 | 41.9 | 42.86 | 42.27 | 40.55 |
Depreciation & Amortization Expenses | 305.46 | 294.95 | 299.05 | 299.41 | 287.61 | 259.26 |
Other Operating Expenses | 8.8 | 8.8 | 24.6 | - | 36.52 | - |
Operating Income | 206.46 | 200.68 | 188.14 | 222.95 | 202.73 | 231.76 |
Net Gains on Disposal of Properties | 120.92 | 102.45 | 46.82 | 59.55 | 63.55 | 174.06 |
Interest Income | 3.32 | 2.37 | 4.16 | 1.11 | 1.54 | 1.95 |
Interest Expense | -161.52 | -152.43 | -147.2 | -136.71 | -105.39 | -85.85 |
Other Non-Operating Income (Expense) | 9.07 | 9.59 | 12.34 | 4.44 | 1.53 | 1.39 |
Total Non-Operating Income (Expense) | -28.21 | -38.03 | -83.89 | -71.62 | -38.77 | 91.55 |
Pretax Income | 178.25 | 162.65 | 104.25 | 151.33 | 163.96 | 323.31 |
Net Income | 178.25 | 162.65 | 104.25 | 151.33 | 163.96 | 323.31 |
Minority Interest in Earnings | 4.88 | 3.04 | 2.01 | 3.11 | 4.9 | 10.03 |
Net Income Attributable to Preferred Dividends | 2.3 | 2.36 | 2.49 | 2.49 | 2.49 | 2.49 |
Net Income to Common | 166.37 | 157.25 | 99.76 | 146.23 | 156.57 | 310.79 |
Net Income Growth | 31.47% | 57.63% | -31.78% | -6.60% | -49.62% | -9.89% |
Shares Outstanding (Basic) | 110 | 108 | 106 | 106 | 105 | 104 |
Shares Outstanding (Diluted) | 112 | 111 | 108 | 108 | 108 | 107 |
Shares Change | 2.25% | 2.08% | 0.50% | 0.20% | 0.47% | 0.33% |
EPS (Basic) | 1.52 | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 |
EPS (Diluted) | 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% |
Free Cash Flow | -462.85 | -287.01 | 163.77 | 157.97 | -44.66 | -110.65 |
Free Cash Flow Growth | - | - | 3.67% | - | - | - |
Free Cash Flow Per Share | -4.14 | -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 | 0% | 0% | 0% | 0% | 1.01% | 3.13% |
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% |
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% |
EBITDA | 511.92 | 495.63 | 487.19 | 522.36 | 490.34 | 491.02 |
EBITDA Margin | 61.27% | 61.48% | 58.99% | 62.63% | 59.15% | 63.93% |
EBIT | 206.46 | 200.68 | 188.14 | 222.95 | 202.73 | 231.76 |
EBIT Margin | 24.71% | 24.89% | 22.78% | 26.73% | 24.46% | 30.18% |