HIW
Highwoods Properties, Inc.
$25.65
+0.10
(+0.39%)
Mkt Cap
2.83B
Volume
635,959
52W Range
20.45-32.76
Sector
Real Estate
Beta
1.10
EPS (TTM)
0.84
P/E Ratio
30.54
Revenue (TTM)
819.76M
Rev Growth (5Y)
+1.8%
EPS Growth (5Y)
-15.3%
AlphaVal · Fair Value
$43.35
Undervalued · Strong
40.8% below fair value
AlphaQuality · Grade
C-
Real Estate Investment Trust
47.8 / 100 composite
Company Description
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (REIT) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa.
Track Record
Showing latest 4 periods • Swipe for more
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 806.11M | 825.86M | 834.00M | 828.93M | 768.01M | 736.90M | 735.98M | 720.03M | 702.74M | 665.63M | 604.67M | 608.47M |
| Net Income | 159.61M | 102.25M | 148.72M | 159.06M | 313.28M | 347.40M | 136.92M | 171.84M | 185.37M | 524.29M | 97.08M | 110.96M |
| EPS | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | 3.32 | 0.52 | 1.66 | 1.78 | 5.30 | 1.00 | 1.20 |
| Free Cash Flow | 166.56M | 403.58M | 216.95M | 421.51M | 414.56M | 355.80M | (58.42M) | 307.98M | 350.69M | 195.56M | N/A | N/A |
| FCF / Share | 1.54 | 3.80 | 2.06 | 4.01 | 3.98 | 3.43 | -0.56 | 2.98 | 3.42 | 1.99 | N/A | N/A |
| Operating CF | 367.31M | 403.58M | 393.56M | 421.78M | 414.56M | 358.16M | 365.80M | 358.63M | 352.53M | 305.81M | N/A | N/A |
| Total Assets | 6.27B | 6.03B | 6.00B | 6.06B | 5.70B | 5.21B | 5.14B | 4.68B | 4.62B | 4.56B | N/A | N/A |
| Total Debt | 3.64B | 3.29B | 3.21B | 3.20B | 2.79B | 2.47B | 2.54B | 2.09B | 2.01B | 1.95B | N/A | N/A |
| Cash & Equiv | 27.36M | 22.41M | 25.12M | 21.36M | 23.15M | 109.32M | 9.51M | 3.77M | 3.27M | 49.49M | N/A | N/A |
| Book Value | 2.38B | 2.36B | 2.43B | 2.48B | 2.48B | 2.34B | 2.15B | 2.25B | 2.22B | 2.14B | N/A | N/A |
| Return on Equity | 0.07 | 0.04 | 0.06 | 0.06 | 0.13 | 0.15 | 0.06 | 0.08 | 0.08 | 0.25 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 214.03M | 203.36M | 201.77M | 200.60M | 200.38M | 206.79M | 204.32M | 204.74M | 211.28M | 206.86M | 207.09M | 207.29M |
| Net Income | 31.94M | 29.23M | 13.45M | 18.86M | 98.07M | (3.11M) | 15.18M | 63.49M | 26.68M | 38.62M | 22.72M | 42.92M |
| EPS | 0.29 | 0.26 | 0.12 | 0.17 | 0.91 | -0.03 | 0.14 | 0.59 | 0.25 | 0.36 | 0.21 | 0.07 |
| Free Cash Flow | 62.85M | 41.58M | 96.67M | 116.53M | 46.32M | 103.73M | 97.49M | 129.96M | 72.41M | 49.97M | 66.84M | 115.45M |
| FCF / Share | 0.57 | 0.38 | 0.89 | 1.08 | 0.43 | 0.96 | 0.92 | 1.23 | 0.68 | 0.47 | 0.63 | 1.09 |
| Operating CF | 62.85M | 101.50M | 96.67M | 116.53M | 46.32M | 103.73M | 97.49M | 129.96M | 72.41M | 102.79M | 103.05M | 115.45M |
| Total Assets | 6.60B | 6.27B | 6.14B | 6.06B | 6.08B | 6.03B | 6.03B | 5.97B | 6.01B | 6.00B | 6.02B | 6.03B |
| Total Debt | 3.70B | 3.64B | 3.40B | 3.33B | 3.34B | 3.29B | 3.30B | 3.19B | 3.26B | 3.21B | 3.21B | 3.20B |
| Cash & Equiv | 32.42M | 27.36M | 26.26M | 21.19M | 20.11M | 22.41M | 23.65M | 27.00M | 16.42M | 25.12M | 16.90M | 17.01M |
| Book Value | 2.37B | 2.38B | 2.38B | 2.37B | 2.41B | 2.36B | 2.36B | 2.41B | 2.40B | 2.43B | 2.45B | 2.47B |
| Return on Equity | 0.01 | 0.01 | 0.01 | 0.01 | 0.04 | -0.00 | 0.01 | 0.03 | 0.01 | 0.02 | 0.01 | 0.02 |
HIW News
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