BPYPP vs JBGS vs HIW Stock Comparison

Brookfield Property Partners, JBG SMITH Properties and Highwoods Properties Prices as of Oct 28, 2026 Peers: Industry group
JBGS JBG SMITH Properties
$11.56 +13.4% 1M -45.9% 1Y
Market cap
$861.45M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
5.97%
Office REITs Real Estate

Head to Head

11 decided of 12

Brookfield Property Partners leads on 7 of the 12 questions below (Brookfield Property Partners 7, Highwoods Properties 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBPYPPJBGSHIWLeader
Larger companyMarket capitalisation $14.36B $861.45M $3.22B BPYPP
Cheaper on earningsLower P/E, profitable companies only -56.3x -4.4x 17.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.2x — 25.6x BPYPP
Faster revenue growthRevenue growth, trailing twelve months -9.5% -1.1% +5.4% HIW
More profitableNet margin, trailing twelve months -3.6% -30.3% 21.7% HIW
Better return on capitalReturn on invested capital 0.0% -1.3% — BPYPP
Less leveragedLower net debt / EBITDA 6.9x 16.9x — BPYPP
Higher dividend yieldTrailing dividend yield 10.92% 5.97% 6.85% BPYPP
Better 1-year returnPrice return, last 12 months -1.1% -45.9% -1.1% HIW
Better 5-year returnAnnualised price return, 5 years -10.2%/yr -16.7%/yr -8.2%/yr HIW
Less volatileAnnualised volatility, 1 year 21.1% 34.7% 29.4% BPYPP
Higher overall scoreMean of the five percentile scores vs peers 53/100 25/100 48/100 BPYPP

Percentile Scorecard

BPYPPJBGSHIW

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBPYPPJBGSHIW
Valuation 92 #13 of 145 33 #97 of 145 54 #67 of 145
Growth 67 #47 of 142 12 #125 of 142 36 #91 of 142
Profitability 19 #110 of 135 4 #130 of 135 61 #53 of 135
Financial Health 52 #66 of 136 11 #121 of 136 31 #94 of 136
Shareholder Returns 34 #87 of 131 62 #50 of 131 58 #56 of 131
Overall 53 25 48
  • BPYPP ranked among 149 companies in Property REITs
  • JBGS ranked among 149 companies in Property REITs
  • HIW ranked among 149 companies in Property REITs

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBPYPPJBGSHIWSPY
1 month -1.8%+13.4%-0.6% +0.9%
3 months -5.8%-20.4%-15.1% +5.9%
6 months -6.4%-22.5%+23.1% +8.5%
Year to date +2.6%-32.0%+13.1% +13.3%
1 year -1.1%-45.9%-1.1% +12.4%
3 years +30.3%-10.0%+64.1% +88.1%
3 years, per year +9.2%-3.4%+18.0% +23.5%
5 years -41.7%-59.9%-34.9% +68.2%
5 years, per year -10.2%-16.7%-8.2% +11.0%
10 years ——-40.2% +263.4%
10 years, per year ——-5.0% +13.8%

Risk

MeasureBPYPPJBGSHIWSPY
Volatility, 1Y 21.1%34.7%29.4% 12.7%
Downside volatility, 1Y 19.9%40.3%32.1% 12.7%
Beta vs S&P 500, 1Y 0.400.170.55 1.00
Return / volatility, 1Y -0.05-1.32-0.04 0.98
Max drawdown, 5Y -56.4%-67.3%-62.9% -25.4%
From 52-week high -10.3%-45.9%-15.1% -0.9%
52-week high $16.70$21.35$34.39 $779.14
52-week low $14.38$10.05$20.58 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBPYPPJBGSHIW
P/E now vs peer median -56.3xmedian 25.8x -4.4xmedian 25.8x 17.4xmedian 25.8x
P/S now vs peer median 2.0xmedian 4.0x 1.7xmedian 4.0x 3.8xmedian 4.0x
EV/EBITDA now vs peer median 10.6xmedian 14.2x 22.8xmedian 14.2x —median 14.2x
P/FCF now vs peer median —median 23.0x -13.0xmedian 23.0x -8.8xmedian 23.0x
P/B now vs peer median 0.3xmedian 1.3x 0.8xmedian 1.3x 1.3xmedian 1.3x
PEG now vs peer median -1.36median 1.91 0.04median 1.91 1.85median 1.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBPYPPJBGSHIW
Revenue $7.17B $508.41M $851.95M
Net income -$113.00M -$186.68M $193.92M
Free cash flow – -$66.16M -$366.24M
EPS (diluted) $-0.27 $-2.64 $1.65
Cash & equivalents $1.49B $74.80M $279.21M
Total debt $28.73B $10.02B $3.51B
Shares (diluted) 960.29M 58.28M 112.32M
Enterprise value $15.69B $1.06B $2.93B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBPYPPJBGSHIW
P/E -56.3x -4.4x 17.4x
P/FCF – -13.0x -8.8x
P/Operating cash flow – 14.2x 8.5x
P/S 2.0x 1.7x 3.8x
P/B 0.3x 0.8x 1.3x
P/Tangible book 0.3x 0.8x 1.4x
EV/EBITDA 10.6x 22.8x –
EV/EBIT 11.5x -70.0x –
EV/Revenue 5.8x 6.5x 7.6x
EV/FCF – -50.1x -17.6x
EV/Operating cash flow – 54.6x 17.0x
PEG (3Y EPS CAGR) -1.36 0.04 1.85

Growth

14 metrics
MetricBPYPPJBGSHIW
Revenue growth (1Y) -9.5% -1.1% 5.4%
Revenue CAGR (3Y) -4.1% -5.6% 0.5%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) 83.2% -4.3% 49.5%
Net income CAGR (3Y) 62.1% -83.2% 11.2%
EPS growth (1Y) 63.1% -17.4% 46.0%
EPS CAGR (3Y) 41.4% -113.4% 9.4%
Operating cash flow growth (1Y) – -39.5% 4.5%
Operating cash flow CAGR (3Y) – -27.6% -0.6%
Free cash flow growth (1Y) – 42.6% -176.2%
Free cash flow CAGR (3Y) – 40.8% -66.8%

Profitability

14 metrics
MetricBPYPPJBGSHIW
Gross margin – – –
EBITDA margin 55.0% 28.6% –
Operating margin – – –
Pretax margin 2.7% -37.4% –
Net margin -3.6% -30.3% 21.7%
FCF margin – -13.0% -43.0%
Operating cash flow margin – 11.9% 44.5%
Return on equity -0.3% -16.8% 7.5%
Return on assets -0.1% -4.3% 3.0%
Return on invested capital 0.0% -1.3% –
Return on capital employed 4.1% – –
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) – -0.3x 2.0x
Stock comp / revenue – 5.3% 1.1%

Financial Health

11 metrics
MetricBPYPPJBGSHIW
Debt / assets 28.1% 59.4% 54.5%
Debt / equity 0.7x 2.3x 1.4x
Net debt / EBITDA 6.9x 16.9x –
Debt / FCF – -38.2x -9.6x
Liabilities / assets 58.3% 74.7% 60.2%
Equity / assets 41.7% 25.3% 39.8%
Interest coverage 1.1x -0.3x –
Current ratio 0.3x – –
Quick ratio 0.3x – –
Cash ratio 0.1x – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBPYPPJBGSHIW
Dividend yield 10.9% 6.0% 6.8%
Net buyback yield -10.2% 11.4% -0.4%
Shareholder yield 0.7% 17.4% 6.5%
Payout ratio (earnings) – -22.4% 113.6%
Payout ratio (FCF) – -63.3% -60.1%
Dividend growth (1Y) – -26.6% 2.3%
Dividend CAGR (3Y) – -25.4% 1.5%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBPYPPJBGSHIW
Forward P/E 11.2xFY2023 – 25.6xFY2026
EPS, next fiscal year $1.34FY2023 $-2.03FY2026 $1.14FY2026
EPS growth, next FY – – -21.4%FY2026
EPS growth, the year after – – -36.0%
Revenue, next fiscal year $7.07BFY2023 $453.74MFY2026 $908.60MFY2026
Revenue growth, next FY – -9.0%FY2026 +12.7%FY2026
Revenue growth, the year after – +11.5% -8.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBPYPPJBGSHIW
Held by institutions – 97.6% 100.0%
Institutions holding – 206 371
Change in shares held, QoQ – +2.8% +10.9%
Institutions buying – 86 214
Institutions selling – 72 102
Buyers to sellers – 1.19 2.10

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BPYPPJBGSHIW
BPYPP 1.00 0.01 0.17
JBGS 0.01 1.00 0.46
HIW 0.17 0.46 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BPYPP, JBGS and HIW?

Brookfield Property Partners (BPYPP) is the largest by market capitalisation: Brookfield Property Partners (BPYPP) $14.36B, JBG SMITH Properties (JBGS) $861.45M, Highwoods Properties (HIW) $3.22B.

Which company is growing faster?

Highwoods Properties (HIW) grew revenue fastest over the trailing twelve months: Brookfield Property Partners (BPYPP) -9.5%, JBG SMITH Properties (JBGS) -1.1%, Highwoods Properties (HIW) +5.4%.

Which company is more profitable?

Highwoods Properties (HIW) has the highest net margin (Brookfield Property Partners (BPYPP) -3.6%, JBG SMITH Properties (JBGS) -30.3%, Highwoods Properties (HIW) 21.7%). On return on invested capital, Brookfield Property Partners (BPYPP) leads (Brookfield Property Partners (BPYPP) 0.0%, JBG SMITH Properties (JBGS) -1.3%).

Which stock has performed better?

Over the past year Highwoods Properties (HIW) returned the most: Brookfield Property Partners (BPYPP) -1.1%, JBG SMITH Properties (JBGS) -45.9%, Highwoods Properties (HIW) -1.1%. Over five years, Highwoods Properties (HIW) compounded fastest (Brookfield Property Partners (BPYPP) -10.2%/yr, JBG SMITH Properties (JBGS) -16.7%/yr, Highwoods Properties (HIW) -8.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Brookfield Property Partners (BPYPP) has the highest dividend yield: Brookfield Property Partners (BPYPP) 10.92%, JBG SMITH Properties (JBGS) 5.97%, Highwoods Properties (HIW) 6.85%.

Which stock is riskier?

By one-year price volatility, Brookfield Property Partners (BPYPP) has been the steadiest (Brookfield Property Partners (BPYPP) 21.1%, JBG SMITH Properties (JBGS) 34.7%, Highwoods Properties (HIW) 29.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BPYPP, JBGS and HIW?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Brookfield Property Partners (BPYPP) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.