Highwoods Properties, Inc.
HIW NYSE· Real Estate Investment Trusts
Last close · Oct 23, 2026
$30.51
KIRA · Stoqly’s AI analyst, in plain words
- Highwoods Properties, Inc. had $806M of revenue in fiscal 2025, down 2.4% on the year before. Over five years, revenue changed +1.8% a year on average.
- Its operating margin was 67.6%, up 0.5 pts: of every 100 in sales, about 68 is left after running the business.
- Highwoods Properties, Inc. made $163M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew −13.4% a year.
- Highwoods Properties, Inc. returned $217M to shareholders in fiscal 2025. The diluted share count rose 2.1%.
Market cap
$3.4B
P/E
36.8x
Revenue
$806M
Net income
$163M
Free cash flow
—
Operating margin
67.6%
Highwoods Properties, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−2.4%
No. Sales fell 2.4% last year.
Does it make a profit?
20.2%
Yes. It keeps 20.2% of every sale as profit.
How is the share priced?
36.8x
One share costs 36.8 times its yearly profit per share.
What Highwoods Properties, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 10, 2026
- Legal name
- HIGHWOODS PROPERTIES, INC.
- CIK
- 0000921082
Highwoods Properties, Inc. · HIW
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $768M | $829M | $834M | $826M | $806M |
| Revenue growth | 4.2% | 7.9% | 0.6% | −1.0% | −2.4% |
| Operating margin | 69.2% | 68.7% | 67.8% | 67.0% | 67.6% |
| Net income | $323M | $164M | $151M | $104M | $163M |
| Net margin | 42.1% | 19.8% | 18.1% | 12.6% | 20.2% |
| Diluted EPS | $2.98 | $1.49 | $1.39 | $0.94 | $1.45 |
| Cash | |||||
| Cash from operations | $415M | $422M | $387M | $404M | $359M |
| Dividends paid | $204M | $210M | $211M | $212M | $217M |
| Share count change | 0.3% | 0.5% | 0.2% | 0.5% | 2.1% |
| Debt and strength | |||||
| Cash and short-term investments | $23.2M | $21.4M | $25.1M | $22.4M | $27.4M |
| Shareholders' equity | $2.5B | $2.5B | $2.4B | $2.4B | $2.4B |
| Interest coverage | 6.2x | 5.4x | 4.1x | 3.8x | 3.6x |
| Returns and quality | |||||
| Return on equity | 13.4% | 6.6% | 6.2% | 4.3% | 6.9% |
| Return on tangible equity | 14.0% | 7.0% | 6.6% | 4.6% | 7.4% |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Highwoods Properties, Inc. · HIW
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $30.51 a share, the company is worth $3.4B: 36.8 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000921082). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.