HIW Highwoods Properties Inc

Price (delayed)

$43.31

Market cap

$4.51B

P/E Ratio

21.02

Dividend/share

$1.92

EPS

$2.06

Enterprise value

$6.92B

Sector: Real Estate
Industry: REIT - Office

Highlights

Highwoods Properties's gross margin has increased by 3.1% YoY
The price to earnings (P/E) is 50% higher than the last 4 quarters average of 14.0 but 14% lower than the 5-year quarterly average of 24.4
The company's net income fell by 38% QoQ and by 31% YoY
HIW's EPS is down by 38% QoQ and by 32% YoY

Key stats

What are the main financial stats of HIW
Market
Shares outstanding
104.06M
Market cap
$4.51B
Enterprise value
$6.92B
Valuations
Price to earnings (P/E)
21.02
Price to book (P/B)
2.04
Price to sales (P/S)
6.19
EV/EBIT
23.39
EV/EBITDA
12.88
EV/Sales
9.51
Earnings
Revenue
$727.91M
EBIT
$295.84M
EBITDA
$537.2M
Free cash flow
$243.61M
Per share
EPS
$2.06
Free cash flow per share
$2.34
Book value per share
$21.28
Revenue per share
$7
TBVPS
$50.07
Balance sheet
Total assets
$5.21B
Total liabilities
$2.73B
Debt
$2.47B
Equity
$2.21B
Working capital
N/A
Liquidity
Debt to equity
1.12
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.49
Margins
EBITDA margin
73.8%
Gross margin
69%
Net margin
29.7%
Operating margin
41.3%
Efficiency
Return on assets
4.1%
Return on equity
9.6%
Return on invested capital
3.9%
Return on capital employed
N/A
Return on sales
40.6%
Dividend
Dividend yield
4.43%
DPS
$1.92
Payout ratio
93.2%

HIW stock price

How has the Highwoods Properties stock price performed over time
Intraday
-1.95%
1 week
-4.5%
1 month
0.65%
1 year
19.57%
YTD
9.29%
QTD
0.86%

Financial performance

How have Highwoods Properties's revenue and profit performed over time
Revenue
$727.91M
Gross profit
$502.09M
Operating income
$300.67M
Net income
$216.39M
Gross margin
69%
Net margin
29.7%
The company's net income fell by 38% QoQ and by 31% YoY
The net margin has contracted by 37% from the previous quarter and by 29% YoY
The company's operating income fell by 31% QoQ and by 26% YoY
HIW's operating margin is down by 30% since the previous quarter and by 23% year-on-year

Growth

What is Highwoods Properties's growth rate over time

Valuation

What is Highwoods Properties stock price valuation
P/E
21.02
P/B
2.04
P/S
6.19
EV/EBIT
23.39
EV/EBITDA
12.88
EV/Sales
9.51
The price to earnings (P/E) is 50% higher than the last 4 quarters average of 14.0 but 14% lower than the 5-year quarterly average of 24.4
HIW's EPS is down by 38% QoQ and by 32% YoY
The stock's price to book (P/B) is 13% more than its last 4 quarters average of 1.8 but 7% less than its 5-year quarterly average of 2.2
The price to sales (P/S) is 15% higher than the last 4 quarters average of 5.4 but 6% lower than the 5-year quarterly average of 6.6
HIW's revenue is down by 3.8% year-on-year

Efficiency

How efficient is Highwoods Properties business performance
HIW's return on assets is down by 39% since the previous quarter and by 35% year-on-year
HIW's return on equity is down by 38% since the previous quarter and by 36% year-on-year
The company's return on invested capital fell by 32% QoQ and by 29% YoY
HIW's ROS is down by 30% QoQ and by 23% YoY

Dividends

What is HIW's dividend history
DPS
$1.92
Dividend yield
4.43%
Payout ratio
93.2%
Recent dividends

Financial health

How did Highwoods Properties financials performed over time
The total assets is 91% more than the total liabilities
The debt is 12% more than the equity
HIW's debt to equity is up by 3.7% year-on-year
The debt has grown by 2.5% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.