Highwoods Properties, Inc. (HIW)
NYSE: HIW · Real-Time Price · USD
24.92
+0.84 (3.49%)
Apr 28, 2026, 4:00 PM EDT - Market closed
Highwoods Properties Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Rental Revenue | 819.76 | 806.11 | 825.86 | 834 | 828.93 | 768.01 | Upgrade
|
| Other Revenue | 2.37 | 2.37 | 4.16 | 1.11 | 1.54 | 1.95 | Upgrade
|
| Total Revenue | 822.13 | 808.48 | 830.02 | 835.1 | 830.46 | 769.95 | Upgrade
|
| Revenue Growth (YoY | 0.45% | -2.60% | -0.61% | 0.56% | 7.86% | 3.92% | Upgrade
|
| Property Expenses | 267.46 | 261.37 | 272.17 | 268.78 | 259.81 | 236.44 | Upgrade
|
| Selling, General & Administrative | 41.28 | 40.31 | 41.9 | 42.86 | 42.27 | 40.55 | Upgrade
|
| Depreciation & Amortization | 301.09 | 294.95 | 299.05 | 299.41 | 287.61 | 259.26 | Upgrade
|
| Total Operating Expenses | 609.83 | 596.63 | 613.12 | 611.05 | 589.68 | 536.24 | Upgrade
|
| Operating Income | 212.31 | 211.85 | 216.9 | 224.05 | 240.78 | 233.71 | Upgrade
|
| Interest Expense | -157.49 | -152.43 | -147.2 | -136.71 | -105.39 | -85.85 | Upgrade
|
| Other Non-Operating Income | 11.13 | 9.59 | 12.34 | 4.44 | 1.53 | 1.68 | Upgrade
|
| EBT Excluding Unusual Items | 67.62 | 69 | 82.04 | 91.78 | 136.93 | 149.54 | Upgrade
|
| Gain (Loss) on Sale of Investments | -4.7 | -4.7 | - | 11.78 | - | - | Upgrade
|
| Gain (Loss) on Sale of Assets | 41.9 | 107.15 | 46.82 | 47.77 | 63.55 | 174.06 | Upgrade
|
| Asset Writedown | -8.8 | -8.8 | -24.6 | - | -36.52 | - | Upgrade
|
| Other Unusual Items | - | - | - | - | - | -0.29 | Upgrade
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| Pretax Income | 96.02 | 162.65 | 104.25 | 151.33 | 163.96 | 323.31 | Upgrade
|
| Earnings From Continuing Operations | 96.02 | 162.65 | 104.25 | 151.33 | 163.96 | 323.31 | Upgrade
|
| Net Income to Company | 96.02 | 162.65 | 104.25 | 151.33 | 163.96 | 323.31 | Upgrade
|
| Minority Interest in Earnings | -2.54 | -3.04 | -2.01 | -2.62 | -4.9 | -10.03 | Upgrade
|
| Net Income | 93.48 | 159.61 | 102.25 | 148.72 | 159.06 | 313.28 | Upgrade
|
| Preferred Dividends & Other Adjustments | 2.31 | 2.36 | 2.49 | 2.49 | 2.49 | 2.49 | Upgrade
|
| Net Income to Common | 91.17 | 157.25 | 99.76 | 146.23 | 156.57 | 310.79 | Upgrade
|
| Net Income Growth | -46.16% | 56.10% | -31.25% | -6.50% | -49.23% | -9.82% | Upgrade
|
| Basic Shares Outstanding | 109 | 108 | 106 | 106 | 105 | 104 | Upgrade
|
| Diluted Shares Outstanding | 111 | 111 | 108 | 108 | 108 | 107 | Upgrade
|
| Shares Change (YoY) | 2.15% | 2.08% | 0.50% | 0.20% | 0.47% | 0.33% | Upgrade
|
| EPS (Basic) | 0.84 | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | Upgrade
|
| EPS (Diluted) | 0.84 | 1.45 | 0.94 | 1.39 | 1.49 | 2.98 | Upgrade
|
| EPS Growth | -47.91% | 54.30% | -32.19% | -6.97% | -50.03% | -10.21% | Upgrade
|
| Dividend Per Share | 2.000 | 2.000 | 2.000 | 2.000 | 2.000 | 1.980 | Upgrade
|
| Dividend Growth | 33.33% | - | - | - | 1.01% | 3.13% | Upgrade
|
| Operating Margin | 25.82% | 26.20% | 26.13% | 26.83% | 28.99% | 30.35% | Upgrade
|
| Profit Margin | 11.09% | 19.45% | 12.02% | 17.51% | 18.85% | 40.37% | Upgrade
|
| EBITDA | 476.05 | 469.46 | 474.48 | 478.27 | 481.36 | 451 | Upgrade
|
| EBITDA Margin | 57.90% | 58.07% | 57.16% | 57.27% | 57.96% | 58.58% | Upgrade
|
| D&A For Ebitda | 263.75 | 257.62 | 257.58 | 254.22 | 240.58 | 217.29 | Upgrade
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| EBIT | 212.31 | 211.85 | 216.9 | 224.05 | 240.78 | 233.71 | Upgrade
|
| EBIT Margin | 25.82% | 26.20% | 26.13% | 26.83% | 28.99% | 30.35% | Upgrade
|
| Funds From Operations (FFO) | 384.98 | 384.98 | 391.21 | 413.26 | 433.32 | 413.31 | Upgrade
|
| FFO Per Share | - | 3.48 | 3.61 | 3.83 | 4.03 | 3.86 | Upgrade
|
| Adjusted Funds From Operations (AFFO) | - | 384.98 | 391.21 | 413.26 | 433.32 | 413.31 | Upgrade
|
| AFFO Per Share | - | 3.48 | 3.61 | 3.83 | 4.03 | 3.86 | Upgrade
|
| FFO Payout Ratio | 56.59% | 56.30% | 54.28% | 51.06% | 49.44% | 49.40% | Upgrade
|
Source: S&P Capital IQ. Real Estate template. Financial Sources.