Highwoods Properties, Inc.

Highwoods Properties, Inc.

HIW
Highwoods Properties, Inc.US flagNew York Stock Exchange
26.86
USD
+0.47
- -
2.96BMarket Cap
Highwoods Properties, Inc.
HIW
(New York Stock Exchange)

Recent

price

26.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.16
5.98
6.4
5.92
6.13
6.41
6.76
6.84
6.96
7.1
7.09
7.37
7.89
7.9
7.78
7.43
7.54
Revenue per Share
0.86
0.54
1.02
1.44
1.2
1
5.3
1.78
1.64
1.3
3.32
2.98
1.49
1.39
0.94
1.45
0.84
Basic EPS, GAAP
1.23
0.15
2.55
3.01
2.94
3.06
3.11
3.43
3.47
3.53
3.45
3.98
4.01
3.67
3.8
3.31
3.45
Free Cash Flow per Basic Share
1.79
1.76
1.73
1.74
1.73
1.72
1.72
2.58
1.87
1.92
1.94
1.98
2.02
2.02
2.02
2.02
2.02
Dividend per Share
-10.63
-11.69
-11.83
-10.78
-10.54
-10.83
-7.6
-7.27
-7.43
-8.01
-6.6
-5.55
-6.01
-6.6
-7.63
-8.01
-8.21
Book Value per Share
15.75
14.78
16.63
18.47
18.21
18.18
23.06
22.91
22.64
21.98
23.51
24.78
24.13
23.3
22.63
22.21
23.79
Tangible Book Value per Share
72
72
76
85
91
94
98
103
103
104
104
104
105
106
106
108
109
Basic Weighted Avg Shares
441
432
485
505
556
605
666
703
720
736
737
768
829
834
826
806
820
Sales/Revenue/Turnover
27.65
25.8
25.68
24.06
24.12
24.67
26.48
28.23
28.84
25.67
30.19
30.18
28.86
26.73
25.76
25.99
25.61
Operating Margin (%)
136
143
158
183
196
216
220
228
230
255
242
259
288
299
299
295
301
Depreciation Expense
68
45
80
125
111
97
524
185
172
137
347
313
159
149
102
160
93
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
15.54
10.45
16.41
24.84
19.96
16.05
78.77
26.38
23.86
18.6
47.14
40.79
19.19
17.83
12.38
19.8
11.4
Profit Margin (%)
-1,438
50
71
24
231
-6
4
120
72
48
272
98
113
138
208
202
203
Working Capital
- -
1,882
1,871
1,967
2,071
2,492
1,948
2,014
2,086
2,544
2,470
2,789
3,197
3,213
3,294
3,554
3,703
LT Debt
1,209
1,098
1,290
1,605
1,681
1,746
2,299
2,381
2,370
2,308
2,471
2,611
2,565
2,488
2,431
2,436
2,614
Total Equity
4.47
2.93
3.1
3.61
3.66
3.74
4.16
4.59
4.69
4.06
4.54
4.48
4.29
3.89
3.72
3.58
3.46
Return on Invested Capital (%)
16.14
6.8
8.11
18.12
15.31
12.19
38.5
17.42
16.22
12.7
21.73
18.01
10.27
10.71
9.55
11.55
8.68
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
3,405
3,554
3,703
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
27
27
27
Shares Outstanding
110
110
110
Market Capitalization
3,436
2,788
2,328

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
471
486
482
Cash, Cash Equivalents & STI
26
27
32
Accounts Receivable, Net
30
28
30
Inventories
10
23
- -
Total Current Liabilities
284
284
279
Payables & Accruals
284
284
279
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
-0.24%
0.18%
Free Cash Flow
2.53%
0.51%
-11%
Net Income, GAAP
46.08%
-8.14%
56.1%
Sales/Revenue/Turnover
2.98%
1.88%
-2.39%
Total Cash Common Dividend
4.67%
1.69%
2.06%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
211
205
204
206
826
2025
200
201
202
203
806
2026
214
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.25
0.59
0.14
- -
0.94
2025
0.9
0.17
0.12
- -
1.45
2026
0.29
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.51
0.51
0.51
- -
2.02
2025
0.51
0.51
0.5
- -
2.02
2026
0.5
- -
- -
- -
- -
Business
Highwoods Properties, Inc. is a fully integrated office real estate investment trust that owns, develops, acquires, leases and manages high-quality Class A office properties and mixed-use developments primarily in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond and Tampa. The company provides leasing of premium office space featuring modern amenities, sustainable LEED-certified buildings and flexible floor plans to corporations, professional service firms, government agencies and other tenants; property development including build-to-suit and speculative projects with state-of-the-art design; and comprehensive property management services encompassing maintenance, tenant relations and operational efficiency. Highwoods Realty Limited Partnership serves as its operating partnership subsidiary. Founded in 1978 and headquartered in Raleigh, North Carolina, the company operates across dynamic Sun Belt markets in the southern United States with a portfolio of approximately 28 million square feet at around 90% occupancy. In 2025, Highwoods completed the $223 million acquisition of the 411,000-square-foot 6Hundred at Legacy Union Class AA office tower in Charlotte's Uptown CBD, which is 84% leased with long-term leases averaging over 12 years; acquired the 346,000-square-foot, 100% leased Advance Auto Parts Tower in Raleigh's North Hills adjacent to its existing CAPTRUST Tower; and sold $37 million in non-core assets to fund portfolio optimization on a leverage-neutral basis.

Company News

APIChat
  • Highwoods Properties: An Office REIT Betting On Sunbelt Growth And Occupancy Boost

  • Inflation Reignites, Yields Spike

  • Highwoods Sells Bridgestone Tower in CBD Nashville

  • Highwoods Sells Bridgestone Tower in CBD Nashville

  • Highwoods Announces Availability of 2025 Corporate Resiliency Report

  • High yield ETF KBWY faces hidden payout risk from cannabis REIT tenant defaults

  • REITs Excel, Earnings Swell, Fed Rebels

  • CUZ Q1 FFO Beats Estimates on Strong Leasing, Revenues Top

  • Highwoods Properties, Inc. (HIW) Q1 2026 Earnings Call Transcript

  • HIW Q1 FFO Meets Estimates, Revenues Top on Rent Growth

  • Highwoods Properties (HIW) Q1 FFO Meet Estimates

  • Highwoods Announces Availability of First Quarter 2026 Results

  • Highwoods Announces $250M Common Stock Repurchase Program

  • Highwoods Declares Quarterly Dividends

  • Why Highwoods Properties (HIW) is a Top Momentum Stock for the Long-Term

  • B&I Capital AG Reduces Position in Highwoods Properties, Inc. $HIW

  • Massachusetts Financial Services Co. MA Sells 789,452 Shares of Highwoods Properties, Inc. $HIW

  • When No One Shows Up, Opportunity Does: The Office REIT Reset

  • Mousetraps: 9 High-Yield REITs With Risky Dividends

  • Here Are Tuesday’s Top Wall Street Analyst Research Calls: Arista Networks, Block, Colgate-Palmolive, Digital Realty, Emerson Electric, MiniMed, Shake Shack, and More