Highwoods Properties Inc. (HIW) Financial Statements
Historical financial data — 42 statements covering FY2019–FY2025
Highwoods Properties Inc is a fully integrated office REIT that owns, develops, acquires, leases, and manages office properties mainly in the best business districts of Atlanta, Charlotte, Dallas,...
Highwoods Properties Inc.'s revenue decreased 2.4% year over year, from $825.9M to $806.1M.
Net income increased 57.6% over the same period, from $99.8M to $157.3M.
Over the 6-year period from FY2019 to FY2025, revenue grew by 10% in total.
Total debt increased by 10.3% to $3.63B.
The debt-to-equity ratio stands at 1.53, indicating a elevated leverage profile.
Operating cash flow declined 11.0% to $359.2M.
Highwoods Properties Inc. maintains a healthy net profit margin of 19.5%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|
| Q3 FY2024 | $204.3M+0.1% | $14.6M | $97.5M | $6.03B | $3.30B | $2.36B |
| Q4 FY2024 | $205.5M+0.6% | $-3.7M | $103.7M | $6.03B | $3.29B | $2.36B |
| Q1 FY2025 | $200.4M-2.5% | $97.4M | $46.3M | $6.08B | $3.34B | $2.41B |
| Q2 FY2025 | $200.6M+0.1% | $18.3M | $116.5M | $6.06B | $3.33B | $2.37B |
| Q3 FY2025 | $201.8M+0.6% | $12.9M | $96.7M | $6.14B | $3.40B | $2.38B |
| Q4 FY2025 | $203.4M+0.8% | $28.7M | $99.7M | $6.27B | $3.63B | $2.38B |
| Q1 FY2026 | $214.0M+5.3% | $31.4M | $62.8M | $6.60B | $3.70B | $2.61B |
| Q2 FY2026 | $216.4M+1.1% | $93.5M | $125.2M | $6.47B | $3.52B | $2.65B |
Balance Sheet Summary (Q2 FY2026)
Highwoods Properties Inc. (HIW) Financial Statements & Revenue History
Highwoods Properties Inc. (HIW) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry trading at $29.34 with a market capitalization of $3. This page provides 42 historical financial statements for Highwoods Properties Inc., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Highwoods Properties Inc. reported revenue of $806 million, a 2.4% decline from the prior year. The net profit margin of 19.5% reflects strong profitability. The debt-to-equity ratio of 1.53 indicates elevated leverage.
HIW Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Highwoods Properties Inc.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether HIW is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track HIW's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Highwoods Properties Inc. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of HIW's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use HIW Financial Data
Investors use Highwoods Properties Inc.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare HIW's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how HIW's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View HIW's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Highwoods Properties Inc.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.HIW trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.