HIW Highwoods Properties Inc
Price (delayed)
$29.27
Market cap
$3.15B
P/E Ratio
31.14
Dividend/share
$2
EPS
$0.94
Enterprise value
$6.41B
Highwoods Properties, Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. Highwoods is a fully-integrated office REIT
Highlights
The price to earnings (P/E) is 81% higher than the 5-year quarterly average of 17.0 and 26% higher than the last 4 quarters average of 24.4
HIW's EPS is down by 32% YoY and by 30% QoQ
Key stats
What are the main financial stats of HIW
Market
Valuations
Earnings
Shares outstanding
107.62M
Market cap
$3.15B
Enterprise value
$6.41B
Price to earnings (P/E)
31.14
Price to book (P/B)
1.35
Price to sales (P/S)
3.76
EV/EBIT
25.7
EV/EBITDA
11.69
EV/Sales
7.76
Revenue
$825.86M
Gross profit
$553.69M
Operating income
$234.96M
Net income
$102.25M
EBIT
$249.45M
EBITDA
$548.49M
Free cash flow
$315.54M
Per share
Balance sheet
Liquidity
EPS
$0.94
EPS diluted
$0.94
Free cash flow per share
$2.97
Book value per share
$21.65
Revenue per share
$7.78
TBVPS
$56.79
Total assets
$6.03B
Total liabilities
$3.6B
Debt
$3.29B
Equity
$2.3B
Working capital
N/A
Debt to equity
1.43
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
5.94
Margins
Efficiency
Dividend
EBITDA margin
66.4%
Gross margin
67%
Net margin
12.4%
Operating margin
28.4%
Return on assets
1.7%
Return on equity
4.3%
Return on invested capital
2.7%
Return on capital employed
N/A
Return on sales
30.2%
Dividend yield
6.83%
DPS
$2
Payout ratio
212.8%
HIW stock price
How has the Highwoods Properties stock price performed over time
Intraday
1.32%
1 week
0.97%
1 month
-0.48%
1 year
25.41%
YTD
-4.28%
QTD
-4.28%
Financial performance
How have Highwoods Properties's revenue and profit performed over time
Revenue
$825.86M
Gross profit
$553.69M
Operating income
$234.96M
Net income
$102.25M
Gross margin
67%
Net margin
12.4%
The company's net income fell by 31% YoY and by 29% QoQ
The net margin has contracted by 30% YoY and by 29% from the previous quarter
HIW's operating margin is down by 15% since the previous quarter and by 13% year-on-year
The company's operating income fell by 15% QoQ and by 13% YoY
Growth
What is Highwoods Properties's growth rate over time
Valuation
What is Highwoods Properties stock price valuation
P/E
31.14
P/B
1.35
P/S
3.76
EV/EBIT
25.7
EV/EBITDA
11.69
EV/Sales
7.76
The price to earnings (P/E) is 81% higher than the 5-year quarterly average of 17.0 and 26% higher than the last 4 quarters average of 24.4
HIW's EPS is down by 32% YoY and by 30% QoQ
The stock's price to book (P/B) is 11% less than its 5-year quarterly average of 1.5 but 2.3% more than its last 4 quarters average of 1.3
HIW's equity is down by 3.7% year-on-year
The price to sales (P/S) is 16% lower than the 5-year quarterly average of 4.4
Efficiency
How efficient is Highwoods Properties business performance
HIW's return on equity is down by 30% year-on-year and by 28% since the previous quarter
HIW's return on assets is down by 29% since the previous quarter and by 29% year-on-year
HIW's ROS is down by 14% QoQ and by 12% YoY
The company's return on invested capital fell by 13% QoQ and by 13% YoY
Dividends
What is HIW's dividend history
DPS
$2
Dividend yield
6.83%
Payout ratio
212.8%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Highwoods Properties financials performed over time
The total assets is 68% more than the total liabilities
HIW's total liabilities is up by 2.4% year-on-year
The debt is 43% more than the equity
HIW's debt to equity is up by 6% year-on-year
HIW's equity is down by 3.7% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.