HIGHWOODS PROPERTIES, INC. HIW

Latest FY: 2025 Real Estate REIT - Office
Market Price $31.52
Market Cap $3.51B
P/E Ratio 21.74
Quick Peer Compare (Real Estate):
Revenue (FY 2025) ↓-2.4% YoY
$806.11M
3-Yr CAGR: -0.9%
Net Income ↑57.6% YoY
$157.25M
Net Margin: 19.5%
Free Cash Flow
N/A
FCF Yield: N/A
EPS (Diluted) ↑54.3% YoY
$1.45
Basic: $1.45
Return on Equity Efficiency
6.6%
ROA: 2.5%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (HIW)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $665.6M $589.0M $521.8M $5.30 $305.8M
FY 2017 $702.7M +5.6% $633.6M $182.9M -65.0% $1.78 -66.4% $352.5M
FY 2018 $720.0M +2.5% $648.6M $169.3M -7.4% $1.64 -7.9% $358.6M
FY 2019 $736.0M +2.2% $654.3M $134.4M -20.6% $1.30 -20.7% $365.8M
FY 2020 $736.9M +0.1% $655.9M $344.9M +156.6% $3.32 +155.4% $358.2M
FY 2021 $768.0M +4.2% $682.2M $310.8M -9.9% $2.98 -10.2% $414.6M
FY 2022 $828.9M +7.9% $723.5M $156.6M -49.6% $1.49 -50.0% $421.8M
FY 2023 $834.0M +0.6% $697.3M $146.2M -6.6% $1.39 -6.7% $387.0M
FY 2024 $825.9M -1.0% $678.7M $99.8M -31.8% $0.94 -32.4% $403.6M
FY 2025 $806.1M -2.4% $653.7M $157.3M +57.6% $1.45 +54.3% $359.2M
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Valuation

Market Price $31.52
Market Cap $3.51B
Enterprise Value N/A
P/E Ratio 21.74
P/B Ratio 1.46
FCF Yield N/A
Dividend Yield N/A
Shares Outstanding 110,272,700
%

Profitability & Margins

Gross Margin 81.09%
Operating Margin 67.58%
Net Margin 19.51%
Return on Equity (ROE) 6.61%
Return on Assets (ROA) 2.51%
Asset Turnover 0.13x
Revenue 3-Yr CAGR -0.93%
🛡️

Financial Health & Liquidity

Current Ratio N/A
Cash Ratio N/A
Debt / Equity N/A
Debt / Assets N/A
Cash & Equivalents $27.36M
Total Debt N/A
Book Value / Share $21.57
💧

Cash Flow Efficiency

Operating Cash Flow $359.21M
Capital Expenditures (CapEx) N/A
Free Cash Flow N/A
OCF / Revenue 44.56%
FCF / Revenue N/A
FCF 3-Yr CAGR N/A
🏷️

Per Share Metrics

EPS (Diluted) $1.45
EPS (Basic) $1.45
Dividends / Share N/A
Book Value / Share $21.57
EPS YoY Growth 54.26%
🏛️

Balance Sheet (FY 2025)

Total Assets $6.27B
Total Liabilities $3.84B
Stockholders' Equity $2.38B
Current Assets N/A
Current Liabilities N/A