Highwoods Properties, Inc. (HIW) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Highwoods Properties, Inc. (HIW) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

HIW Income Statement

Highwoods Properties, Inc. (HIW) annual income statement — 30-year revenue, gross profit & net income history

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Revenue	216.38M	214.03M	203.36M	201.77M	200.6M	200.38M	206.79M	204.32M	204.74M	211.28M	206.86M	207.09M	207.29M	212.75M	212.16M	207M	203.84M	206.38M	203.54M	195.5M
Revenue Growth %	7.87%	6.81%	-1.66%	-1.25%	-2.02%	-5.16%	-0.03%	-1.34%	-1.23%	-0.69%	-2.5%	0.05%	1.69%	3.09%	4.24%	5.88%	9.89%	12.28%	12.49%	7.98%
Property Operating Expenses	70.16M	71.12M	66.76M	65.92M	63.66M	65.03M	71.47M	65.71M	64.56M	70.44M	69.55M	67.19M	66.31M	65.73M	69.68M	66.33M	62.37M	61.42M	63.45M	60.57M
Net Operating Income (NOI)	146.22M	142.92M	136.59M	135.85M	136.94M	135.35M	135.32M	138.62M	140.18M	140.84M	137.31M	139.9M	140.98M	147.02M	142.48M	140.66M	141.47M	144.96M	140.08M	134.93M
NOI Margin %	67.58%	66.77%	67.17%	67.33%	68.27%	67.55%	65.44%	67.84%	68.47%	66.66%	66.38%	67.55%	68.01%	69.1%	67.16%	67.95%	69.4%	70.24%	68.82%	69.02%
Operating Expenses	88.95M	90.97M	83.51M	82.89M	85M	83.86M	10.15M	89.01M	83.1M	86.17M	91.18M	83.64M	84.4M	83.05M	9.53M	82.64M	79.33M	83.22M	10.14M	76.9M
G&A Expenses	9.9M	13.43M	8.54M	8.99M	10.32M	12.46M	10.15M	9.9M	9.36M	12.5M	12.19M	8.87M	9.38M	12.41M	9.53M	9.59M	9.59M	13.56M	10.14M	10.35M
EBITDA	136.33M	129.48M	128.06M	126.86M	126.63M	122.89M	188.24M	128.72M	130.82M	128.34M	126.77M	131.03M	131.6M	134.61M	196.38M	131.08M	131.88M	131.4M	188.16M	124.58M
EBITDA Margin %	63%	60.5%	62.97%	62.87%	63.12%	61.33%	91.03%	63%	63.9%	60.75%	61.28%	63.27%	63.49%	63.27%	92.56%	63.32%	64.7%	63.67%	92.45%	63.72%
Depreciation & Amortization	79.05M	77.54M	74.97M	73.9M	74.68M	71.41M	63.07M	79.12M	73.75M	73.67M	80.64M	74.77M	75.02M	70.63M	63.43M	73.06M	69.74M	69.67M	58.23M	66.55M
D&A / Revenue %	36.53%	36.23%	36.87%	36.62%	37.23%	35.63%	30.5%	38.72%	36.02%	34.87%	38.98%	36.1%	36.19%	33.2%	29.89%	35.29%	34.21%	33.76%	28.61%	34.04%
Operating Income	57.27M	51.95M	53.09M	52.96M	51.95M	51.49M	125.17M	49.6M	57.08M	54.67M	46.12M	56.26M	56.59M	63.97M	132.95M	58.02M	62.14M	61.73M	129.94M	58.03M
Operating Margin %	26.47%	24.27%	26.11%	26.25%	25.9%	25.69%	60.53%	24.28%	27.88%	25.88%	22.3%	27.17%	27.3%	30.07%	62.66%	28.03%	30.48%	29.91%	63.84%	29.68%
Interest Expense	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Interest Coverage	1.37x	1.80x	1.75x	1.36x	1.51x	3.73x	1.41x	1.41x	2.80x	1.74x	2.11x	1.68x	2.29x	2.36x	1.95x	2.52x	3.10x	2.73x	2.39x	4.44x
Non-Operating Income	0	-23.12M	-16.29M	775K	-4.94M	-85.16M	72.51M	-3.34M	-43.6M	-9.1M	-28.51M	-1.15M	-21.35M	-14.08M	75.14M	-8.48M	-15.49M	-4.76M	69.83M	-39.54M
Pretax Income	96.76M	33.37M	29.72M	13.71M	19.22M	100M	-3.2M	15.47M	64.77M	27.21M	39.34M	23.17M	43.87M	44.95M	29.14M	40.11M	52.6M	42.1M	129.02M	75.59M
Pretax Margin %	44.72%	15.59%	14.62%	6.79%	9.58%	49.9%	-1.55%	7.57%	31.64%	12.88%	19.02%	11.19%	21.16%	21.13%	13.74%	19.38%	25.81%	20.4%	63.39%	38.66%
Income Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Effective Tax Rate %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Net Income	94.05M	31.94M	29.23M	13.45M	18.86M	98.07M	-3.11M	15.18M	63.49M	26.68M	38.62M	22.72M	42.92M	44.45M	28.17M	38.87M	51.13M	40.88M	125.54M	72.73M
Net Margin %	43.46%	14.92%	14.38%	6.67%	9.4%	48.94%	-1.5%	7.43%	31.01%	12.63%	18.67%	10.97%	20.7%	20.9%	13.28%	18.78%	25.08%	19.81%	61.68%	37.2%
Net Income Growth %	398.77%	-67.43%	1040.57%	-11.38%	-70.3%	267.51%	-108.05%	-33.2%	47.93%	-39.97%	37.08%	-41.54%	-16.06%	8.74%	-77.56%	-46.55%	-14.67%	-25.78%	51.75%	77.7%
Funds From Operations (FFO)	173.1M	109.47M	104.2M	87.35M	93.53M	169.47M	59.96M	94.3M	137.24M	100.36M	119.26M	97.49M	117.94M	115.09M	91.6M	111.93M	120.88M	110.55M	183.77M	139.27M
FFO Margin %	80%	51.15%	51.24%	43.29%	46.63%	84.58%	28.99%	46.15%	67.03%	47.5%	57.65%	47.07%	56.89%	54.09%	43.17%	54.07%	59.3%	53.57%	90.29%	71.24%
FFO Growth %	85.07%	-35.4%	73.79%	-7.37%	-31.84%	68.87%	-49.72%	-3.27%	16.36%	-12.8%	30.2%	-12.9%	-2.43%	4.11%	-50.16%	-19.63%	-0.82%	-4.71%	37.44%	37.58%
FFO per Share	1.54	0.98	0.95	0.79	0.85	1.54	0.56	0.87	1.29	0.95	1.13	0.92	1.12	1.07	0.87	1.04	1.12	1.03	1.72	1.30
FFO Payout Ratio %	63.61%	50.2%	52.73%	62.52%	57.64%	31.76%	89.18%	56.21%	38.62%	52.68%	44.31%	54.2%	44.7%	45.72%	57.42%	46.98%	43.5%	47.42%	28.45%	37.42%
EPS (Diluted)	0.85	0.29	0.26	0.12	0.17	0.90	-0.03	0.14	0.59	0.25	0.36	0.21	0.07	0.42	-0.00	0.13	0.26	0.16	0.97	0.69
EPS Growth %	400%	-67.78%	999.65%	-14.29%	-71.19%	260%	-108.03%	-33.33%	804.91%	-40.48%	-	61.54%	-74.92%	162.5%	-100.42%	-81.16%	-54.39%	-69.23%	21.25%	76.92%
EPS (Basic)	0.85	0.29	0.26	0.12	0.17	0.91	-0.03	0.14	0.59	0.25	0.36	0.21	0.07	0.42	-0.00	0.13	0.26	0.17	1.00	0.69
Diluted Shares Outstanding	112.3M	112.06M	109.91M	110.52M	109.98M	109.83M	107.62M	108.16M	106M	105.8M	105.71M	105.67M	105.46M	107.65M	105.21M	107.6M	107.65M	107.45M	107.14M	107.14M