Highwoods Properties Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 20, 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
Market Capitalization	2,607	2,837	3,242	2,427	2,943	4,654
Market Cap Growth	-16.37%	-12.48%	33.60%	-17.55%	-36.76%	13.03%
Enterprise Value	6,207	6,312	6,619	5,700	6,009	7,745
Last Close Price	23.52	25.26	27.95	19.53	21.73	32.72
Price/FFO Ratio	7.26	7.26	7.74	5.10	5.39	8.48
Price/AFFO Ratio	7.26	7.26	7.74	5.09	5.40	8.48
PE Ratio	15.98	18.04	32.50	16.60	18.80	14.98
PS Ratio	3.22	3.51	3.91	2.91	3.54	6.05
PB Ratio	1.10	1.17	1.33	0.98	1.15	1.78
P/OCF Ratio	7.24	7.90	8.03	6.27	6.98	11.23
EV/Sales Ratio	7.68	7.81	7.98	6.83	7.24	10.06
EV/EBITDA Ratio	13.22	13.44	13.95	11.92	12.48	17.17
EV/EBIT Ratio	29.30	29.79	30.52	25.44	24.96	33.14
Debt / Equity Ratio	1.49	1.49	1.36	1.29	1.25	1.07
Debt / EBITDA Ratio	7.70	7.70	6.94	6.72	6.64	6.18
Net Debt / Equity Ratio	1.48	1.48	1.35	1.28	1.24	1.06
Net Debt / EBITDA Ratio	7.68	7.68	6.89	6.67	6.60	6.13
Asset Turnover	0.13	0.13	0.14	0.14	0.14	0.14
Quick Ratio	1.88	1.88	1.26	1.30	1.25	1.16
Current Ratio	2.38	2.38	1.74	1.55	1.50	1.49
Return on Equity (ROE)	6.68%	6.68%	4.24%	5.99%	6.33%	12.72%
Return on Assets (ROA)	2.15%	2.15%	2.25%	2.32%	2.56%	2.68%
Earnings Yield	6.05%	5.63%	3.15%	6.13%	5.40%	6.73%
Dividend Yield	8.63%	7.92%	7.16%	10.24%	9.20%	6.05%
Payout Ratio	137.94%	137.26%	210.11%	143.57%	136.25%	65.97%
Buyback Yield / Dilution	-2.08%	-2.08%	-0.50%	-0.20%	-0.47%	-0.33%
Total Shareholder Return	6.52%	5.84%	6.66%	10.04%	8.73%	5.73%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q