Highwoods Properties, Inc. (HIW) Earnings History
Annual and quarterly earnings data from 1994 to 2025
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HIW EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
HIW Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 67.6% | 26.0% | 19.8% |
| 2024 | 67.0% | 25.8% | 12.4% |
| 2023 | 67.8% | 26.7% | 17.8% |
| 2022 | 68.7% | 28.9% | 19.2% |
| 2021 | 69.2% | 30.2% | 40.8% |
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Highwoods Properties, Inc. (HIW) Earnings Overview
As of May 8, 2026, Highwoods Properties, Inc. (HIW) reported trailing twelve-month net income of $93M, reflecting +54.3% year-over-year growth. The company earned $0.83 per diluted share over the past four quarters, with a net profit margin of 19.8%.
Looking at the long-term picture, HIW's 5-year EPS compound annual growth rate (CAGR) stands at -15.3%, signaling declining earnings. The company achieved its highest annual net income of $524M in fiscal 2016.
Highwoods Properties, Inc. maintains industry-leading profitability with a gross margin of 67.6%, operating margin of 26.0%, and net margin of 19.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including CUZ (-$5M net income, 4.1% margin), EGP ($293M net income, 35.7% margin), PDM (-$86M net income, -14.8% margin), HIW has outperformed on profitability metrics. Compare HIW vs CUZ →
HIW Earnings vs Peers
Earnings metrics vs comparable public companies
HIW Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $160M | +56.1% | $209M | $1.45 | 19.8% | 26.0% |
| 2024 | $102M | -31.2% | $213M | $0.94 | 12.4% | 25.8% |
| 2023 | $149M | -6.5% | $223M | $1.39 | 17.8% | 26.7% |
| 2022 | $159M | -49.2% | $239M | $1.49 | 19.2% | 28.9% |
| 2021 | $313M | -9.8% | $232M | $2.98 | 40.8% | 30.2% |
| 2020 | $347M | +153.7% | $222M | $3.32 | 47.1% | 30.2% |
| 2019 | $137M | -20.3% | $189M | $0.51 | 18.6% | 25.7% |
| 2018 | $172M | -7.3% | $208M | $1.62 | 23.9% | 28.8% |
| 2017 | $185M | -64.6% | $198M | $1.78 | 26.4% | 28.2% |
| 2016 | $524M | +440.1% | $176M | $5.30 | 78.8% | 26.5% |
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Start ComparisonHIW — Frequently Asked Questions
Quick answers to the most common questions about buying HIW stock.
Is HIW growing earnings?
HIW EPS is $0.83, with earnings growth accelerating to +54.3%. This exceeds the 5-year CAGR of -15.3%. TTM net income reached $93M.
What are HIW's profit margins?
Highwoods Properties, Inc. net margin is +19.8%, with operating margin at +26.0%. Above-average margins indicate pricing power.
How consistent are HIW's earnings?
HIW earnings data spans 1994-2025. The accelerating earnings trend is +54.3% YoY. Historical data enables comparison across business cycles.