HIGHWOODS PROPERTIES, INC.

HIW

HIGHWOODS PROPERTIES, INC.

HIW

Insider Sentiment (TTM):

Last Purchase:2024-02-22Last Sale:2025-09-17Shares Purchased (TTM):0Shares Sold (TTM):4,300

Institutional Sentiment:

As of:2026-03-31Institutional Shares Owned:96,252,152Shares Outstanding:110,039,000Institutional Ownership Pct.:87.47%

Earnings Market Reaction:

Filing Date:2026-04-28Price on Filing Date:N/APrevious Close:N/A% Change:N/A

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Financial Statements

10‑Q10‑K

Values in Millions ($)	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Assets
Real Estate Investment Pr…
Land	636	609	595	572	574	570	533	533	533	540	542	538
Development In Process	0	6	4	2	-	0	0	0	0	9	6	65
Land Available For Development	198	214	214	233	233	221	222	222	227	227	228	228
Real Estate Investment Property At Cost	7,285	6,974	6,831	6,727	6,705	6,618	6,695	6,696	6,688	6,737	6,747	6,717
Real Estate Investment Property Accumulated Deprec…	-1,955	-1,902	-1,884	-1,844	-1,800	-1,797	-1,824	-1,795	-1,755	-1,743	-1,711	-1,662
Real Estate Investment Property Net	5,330	5,072	4,947	4,883	4,905	4,821	4,871	4,900	4,933	4,994	5,036	5,055
Real Estate Heldforsale	0	23	10	0	0	55	-	4	26	0	5	5
Cash And Cash Equivalents At Carrying Value	32	27	26	21	20	22	24	27	16	25	17	17
Restricted Cash And Cash Equivalents	20	16	15	19	19	11	10	10	11	6	4	5
Accounts Receivable Net	30	28	30	28	29	28	26	30	34	28	26	21
Notes Receivable Net	12	12	6	6	6	11	11	11	11	5	10	10
Deferred Rent Receivables Net	326	318	317	314	312	309	315	314	311	311	308	304
Equity Method Investments	495	472	497	496	492	486	483	379	373	343	314	294
Finite Lived Intangible Assets Net	289	244	225	222	224	210	213	218	223	226	233	239
Prepaid Expense And Other Assets	62	61	65	69	67	75	75	79	75	65	72	78
Assets	6,597	6,274	6,139	6,059	6,075	6,029	6,028	5,971	6,013	6,003	6,024	6,028
Notes And Loans Payable	3,703	3,554	3,405	3,334	3,338	3,294	3,296	3,191	3,262	3,213	3,212	3,198
Liabilities	3,983	3,838	3,689	3,616	3,596	3,598	3,591	3,496	3,550	3,515	3,523	3,496
Redeemable Noncontrolling Interest Equity Carrying…	43	53	65	67	64	66	72	57	56	50	44	56
Stockholders Equity
Preferred Stock Value	27	27	27	27	29	29	29	29	29	29	29	29
Common Stock Value	1	1	1	1	1	1	1	1	1	1	1	1
Additional Paid In Capital	3,238	3,224	3,200	3,149	3,150	3,144	3,086	3,101	3,100	3,103	3,108	3,095
Retained Earnings Accumulated Deficit	-894	-870	-844	-803	-767	-811	-753	-715	-725	-698	-683	-652
Accumulated Other Comprehensive Income Loss Net Of…	-3	-2	-2	-2	-2	-2	-2	-2	-2	-2	-1	-1
Stockholders Equity	2,571	2,379	2,382	2,376	2,411	2,365	2,365	2,419	2,403	2,433	2,457	2,476
Minority Interest	202	4	4	4	4	4	4	5	5	5	4	4
Liabilities And Stockholders Equity	6,597	6,274	6,139	6,059	6,075	6,029	6,028	5,971	6,013	6,003	6,024	6,028
Finite Lived Intangible Assets Accumulated Amortiz…	176	170	166	166	162	170	173	183	181	176	174	168
Preferred Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Preferred Stock Shares Authorized	50	50	50	50	50	50	50	50	50	50	50	50
Preferred Stock Dividend Rate Percentage	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Liquidation Preference	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Issued	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Shares Outstanding	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock Par Or Stated Value Per Share	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Common Stock Shares Authorized	200	200	200	200	200	200	200	200	200	200	200	200
Common Stock Shares Issued	110	110	110	108	108	108	106	106	106	106	106	105
Shares Outstanding	110	110	110	108	108	108	106	106	106	106	106	105
Redeemable Operating Part…
Common Units

Subscribe to unlock 17+ years of financial data, unlimited metrics, and saved tables

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, and saved tables

Start free trial

Custom Table

10‑Q10‑K

0/5

Search a metric to start building a table

Subscribe to unlock 17+ years of financial data, unlimited metrics, transformations, and saved visuals

Start 7-day free trial

Subscribe to unlock 17+ years of data, unlimited metrics, transformations, and saved visuals

Start free trial

Interactive Financial Visualizations

10‑Q10‑K

Stock Price:

OnOff

Transformations:

0/1

Search a metric to start building a visual

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Earnings Market Reaction

10‑Q10‑K

Fiscal Year	Q1 1 Month	Q1 2 Month	Q1 3 Month	Q2 1 Month	Q2 2 Month	Q2 3 Month	Q3 1 Month	Q3 2 Month	Q3 3 Month	Q4 1 Month	Q4 2 Month	Q4 3 Month
2026	4.99%	19.85%	36.39%	-	-	-	-	-	-	-	-	-
2025	5.31%	15.65%	11.10%	0.53%	6.48%	1.03%	-5.94%	-12.45%	-5.08%	-12.93%	-15.72%	-2.82%
2024	5.55%	3.02%	12.17%	10.38%	16.18%	18.90%	-11.04%	-11.30%	-19.09%	3.11%	-4.98%	2.20%
2023	-	-	-	-9.65%	-7.83%	-22.42%	4.07%	32.27%	29.15%	17.63%	23.58%	21.22%
Earnings Market Reaction data beyond 3 years is for subscribers only. Unlock the full earnings market reaction history Start 7-day free trial

Subscribe to unlock 17+ years of financial data and 90+ calculated metrics

Start 7-day free trial

Subscribe to unlock 17+ years of data and 90+ calculated metrics

Start free trial

Performance and Valuation Metrics

Rows marked with a lock icon are subscribers only — subscribe to unlock 90+ calculated metrics and 17+ years of history.

Metrics	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30
Leverage & Debt
Interest Coverage TTM	1.84	2.44	2.13	2.15	2.59	1.95	1.98	2.05	1.92	2.07	2.11	2.32
Per Share Metrics
Diluted EPS TTM	0.88	1.47	1.15	1.16	1.59	0.96	1.31	1.38	1.19	1.36	1.35	1.50
Free Cash Flow Per Share TTM	-2.77	-1.37	-0.02	2.65	4.31	5.91	6.39	6.07	5.70	5.65	5.64	4.03
Dividend Per Share TTM	1.98	2.00	1.99	1.99	1.98	2.00	2.00	2.00	2.00	2.00	1.99	2.00
Margin Metrics
Gross Profit Margin TTM	-	-	-	-	-	-	-	-	83.16%	83.61%	84.39%	85.32%
Operating Profit Margin TTM	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit Margin TTM	12.02%	20.18%	15.73%	15.79%	21.41%	12.62%	17.15%	18.00%	15.43%	17.53%	17.39%	19.32%
Growth Metrics
Net Revenue Growth (1Y)	0.59%	-2.39%	-2.29%	-2.31%	-2.11%	-0.98%	-1.39%	-1.05%	-0.33%	0.61%	2.25%	3.69%
Net Income Growth (1Y)	-43.51%	56.01%	-10.37%	-14.32%	35.80%	-28.71%	-2.75%	-7.79%	-23.81%	-10.81%	-44.03%	-45.62%
EPS Growth (1Y)	-44.72%	52.72%	-12.35%	-15.78%	33.43%	-29.13%	-3.06%	-8.26%	-24.19%	-11.16%	-44.28%	-45.77%
Valuation Metrics
P/E TTM	23.06	16.25	25.17	23.88	16.41	27.46	21.73	15.92	18.07	13.60	11.93	12.16
P/B TTM	0.88	1.11	1.34	1.29	1.19	1.21	1.30	0.98	0.97	0.82	0.71	0.80
P/S TTM	2.77	3.28	3.96	3.77	3.51	3.47	3.73	2.87	2.79	2.38	2.07	2.35
Market Cap	2.27B	2.64B	3.20B	3.06B	2.86B	2.86B	3.08B	2.38B	2.32B	1.99B	1.74B	1.97B
Enterprise Value	5.94B	6.15B	6.56B	6.37B	6.18B	6.12B	6.35B	5.54B	5.57B	5.18B	4.93B	5.15B
Calculated Values
Free Cash Flow TTM	-304.28M	-148.79M	-2.08M	286.27M	463.61M	627.52M	677.42M	643.19M	603.40M	596.66M	595.77M	425.09M
Net Debt	3.67B	3.51B	3.36B	3.31B	3.32B	3.26B	3.27B	3.16B	3.25B	3.19B	3.20B	3.18B
Per-Share and Margin
EPS TTM
Adjusted EPS TTM
Cash Flow Per Share TTM
Pretax Margin TTM
Stock Comp to Revenue TTM
Turnover Ratios and Averages
Average Assets
Average Equity
Average Inventory
Average Receivables
Average Accounts Payables
Inventory Turnover TTM
Payables Turnover TTM
Days Inventory Outstanding TTM
Days Payables Outstanding TTM
Cash Conversion Cycle TTM
Working Capital to Revenue
Deferred Revenue to Revenue
Growth Rates
Total Assets Growth (1Y)
Total Assets Growth (3Y)
Total Assets Growth (5Y)
Dividends Paid Growth (1Y)
Dividends Paid Growth (3Y)
Dividends Paid Growth (5Y)
EPS Growth (3Y)
EPS Growth (5Y)
Net Income Growth (3Y)
Net Income Growth (5Y)
Net Profit Margin Growth (1Y)
Net Profit Margin Growth (3Y)
Net Profit Margin Growth (5Y)
Net Revenue Growth (3Y)
Net Revenue Growth (5Y)
Deferred Revenue Growth (1Y)
Retained Earnings Growth (1Y)
Credit, Liquidity, Returns, Payout
Cash Ratio
Net Working Capital
Debt to EBITDA TTM
Net Debt to EBITDA TTM
Net Debt to Equity
Altman A
Altman B
Altman C
Altman D
Altman E
Altman Z-Score
ROA TTM
ROE TTM
NOPAT TTM
ROIC TTM
Effective Tax Rate TTM
Payout Ratio TTM
Dilution Ratio
Retained Earnings to Equity
Treasury Stock to Equity
Treasury Stock Change (1Y)
Accrued to Current Liabilities
NCAV
NCAV Per Share TTM
Valuation Ratios
P/CF TTM
Dividend Yield TTM
Free Cash Flow Yield TTM
EV EBITDA TTM
EV EBIT TTM
Stock Compensation TTM
Adjusted Net Income TTM
Billings TTM
Total Debt
Invested Capital

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Insider Transactions

2025-09-17Sale

Owner: Hartzell, David John

Title: -

Shares: 4,300

Price/Share: $32.10

Value: $138,030.00

Shares Owned: 27,489

Relationship: Director

Ownership: Direct

2024-11-06Sale

Owner: Hartzell, David John

Title: -

Shares: 6,173

Price/Share: $33.26

Value: $205,313.98

Shares Owned: 28,729

Relationship: Director

Ownership: Direct

2024-02-22Purchase

Owner: Evans, Carlos E

Title: -

Shares: 20,000

Price/Share: $23.67

Value: $473,400.00

Shares Owned: 62,487

Relationship: Director

Ownership: Direct

2023-10-27Purchase

Owner: Leary, Brian M

Title: EVP & COO

Shares: 1,000

Price/Share: $17.67

Value: $17,670.00

Shares Owned: 92,386

Relationship: Officer

Ownership: Direct

2023-03-23Purchase

Owner: Klinck, Theodore J

Title: President and CEO

Shares: 5,000

Price/Share: $19.81

Value: $99,050.00

Shares Owned: 337,177

Relationship: Director,Officer

Ownership: Direct

Filed Date	Owner	Relationship	Title	Ownership	Purchase/Sale	No. Shares	Price Per Share	Value	Shares Owned	Document Type
2025-09-17	Hartzell, David John	Director	-	Direct	Sale	4,300	32.10	$138,030.00	27,489	4
2024-11-06	Hartzell, David John	Director	-	Direct	Sale	6,173	33.26	$205,313.98	28,729	4
2024-02-22	Evans, Carlos E	Director	-	Direct	Purchase	20,000	23.67	$473,400.00	62,487	4
2023-10-27	Leary, Brian M	Officer	EVP & COO	Direct	Purchase	1,000	17.67	$17,670.00	92,386	4
2023-03-23	Klinck, Theodore J	Director,Officer	President and CEO	Direct	Purchase	5,000	19.81	$99,050.00	337,177	4
2022-09-28	Maiorana, Brendan C	Officer	EVP, CFO	Direct	Purchase	1,500	27.21	$40,815.00	39,254	4
2022-09-22	Klinck, Theodore J	Director,Officer	President and CEO	Direct	Purchase	5,000	28.25	$141,250.00	246,445	4
2022-09-22	Miller, Jeffrey Douglas	Officer	EVP, General Counsel & Sec.	Direct	Purchase	1,000	28.25	$28,250.00	116,482	4
Additional insider transactions are for subscribers only. Unlock the complete Form 4 filing history Start 7-day free trial

Subscribe to unlock 17+ years of financial data

Start 7-day free trial

Subscribe to unlock 17+ years of data

Start free trial

Institutional Ownership

No data available for chart

2026-03-31

87.47%

Inst. Shares: 96,252,152

Shares Outstanding: 110,039,000

2025-12-31

86.18%

Inst. Shares: 93,469,272

Shares Outstanding: 108,454,000

2025-09-30

84.78%

Inst. Shares: 91,899,029

Shares Outstanding: 108,403,000

2025-06-30

85.06%

Inst. Shares: 91,718,863

Shares Outstanding: 107,825,000

2025-03-31

81.23%

Inst. Shares: 87,475,407

Shares Outstanding: 107,683,000

Date	Institutional Shares Owned	Shares Outstanding	Institutional Ownership %
2026-03-31	96,252,152	110,039,000	87.47%
2025-12-31	93,469,272	108,454,000	86.18%
2025-09-30	91,899,029	108,403,000	84.78%
2025-06-30	91,718,863	107,825,000	85.06%
2025-03-31	87,475,407	107,683,000	81.23%
2024-12-31	86,604,278	106,167,000	81.57%
2024-09-30	82,638,244	106,010,000	77.95%
2024-06-30	82,076,573	105,996,000	77.43%
2024-03-31	84,443,468	105,804,000	79.81%
2023-12-31	83,952,750	105,529,000	79.55%
2023-09-30	84,856,249	105,671,000	80.30%
2023-06-30	77,858,925	105,457,000	73.83%
Additional institutional holders are for subscribers only. Unlock the complete Form 13F ownership history Start 7-day free trial

HIGHWOODS PROPERTIES, INC. (HIW) — SEC Financial Statements & Analysis

HIGHWOODS PROPERTIES, INC. (HIW) is a real estate investment trusts company, incorporated in MD. HIGHWOODS PROPERTIES, INC. trades on NYSE as: HIW. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), HIGHWOODS PROPERTIES, INC. reported a 0.59% year-over-year revenue growth, a Gross Profit Margin of 83.16% (TTM), a Price-to-Sales (P/S) ratio of 2.77x (TTM), a Price-to-Book (P/B) ratio of 0.88x (TTM), at a market cap of $2.27B. Figures below are sourced from SEC EDGAR, as-filed.

Net Revenue TTM Growth 1Y: 0.59%
Gross Profit Margin TTM: 83.16%
P/S TTM: 2.77x
P/B TTM: 0.88x
Market Cap: $2.27B

Data as of 2026-03-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is HIGHWOODS PROPERTIES, INC. in?

HIGHWOODS PROPERTIES, INC. (HIW) operates in the Real Estate Investment Trusts industry.

What is HIW's market cap?

HIGHWOODS PROPERTIES, INC. (HIW) has a market capitalization of $2.27B as of 2026-03-31.

What is HIW's P/E ratio?

HIGHWOODS PROPERTIES, INC. (HIW)'s trailing twelve month P/E ratio is 23.06x as of 2026-03-31.

What exchange does HIW trade on?

HIGHWOODS PROPERTIES, INC. (HIW) trades on the NYSE.

Where is HIGHWOODS PROPERTIES, INC. incorporated?

HIGHWOODS PROPERTIES, INC. is incorporated in MD.