HIW vs JBGS Stock Comparison

Highwoods Properties and JBG SMITH Properties Prices as of Oct 26, 2026 Peers: Industry group
JBGS JBG SMITH Properties
$11.59 +10.1% 1M -46.1% 1Y
Market cap
$863.69M
P/E
–
Revenue (TTM)
$508.41M
Div. yield
5.95%
Office REITs Real Estate

Head to Head

8 decided of 12

Highwoods Properties leads on 8 of the 12 questions below (Highwoods Properties 8). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHIWJBGSLeader
Larger companyMarket capitalisation $3.35B $863.69M HIW
Cheaper on earningsLower P/E, profitable companies only 20.2x -4.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.7x — –
Faster revenue growthRevenue growth, trailing twelve months +3.0% -1.1% HIW
More profitableNet margin, trailing twelve months 19.9% -30.3% HIW
Better return on capitalReturn on invested capital — -1.3% –
Less leveragedLower net debt / EBITDA — 16.9x –
Higher dividend yieldTrailing dividend yield 6.58% 5.95% HIW
Better 1-year returnPrice return, last 12 months +2.3% -46.1% HIW
Better 5-year returnAnnualised price return, 5 years -7.5%/yr -16.8%/yr HIW
Less volatileAnnualised volatility, 1 year 29.3% 34.8% HIW
Higher overall scoreMean of the five percentile scores vs peers 38/100 22/100 HIW

Percentile Scorecard

HIWJBGS

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

AxisHIWJBGS
Valuation 31 #28 of 40 10 #36 of 40
Growth 26 #29 of 39 11 #35 of 39
Profitability 62 #14 of 35 9 #32 of 35
Financial Health 33 #27 of 40 13 #35 of 40
Shareholder Returns 39 #21 of 34 70 #11 of 34
Overall 38 22
  • HIW ranked among 43 companies in Property REITs
  • JBGS ranked among 43 companies in Property REITs

Price Performance

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

Returns

PeriodHIWJBGSSPY
1 month +1.1%+10.1% -0.8%
3 months -10.2%-18.8% +3.5%
6 months +26.3%-24.6% +7.0%
Year to date +17.8%-31.9% +12.2%
1 year +2.3%-46.1% +13.0%
3 years +70.8%-9.7% +86.3%
3 years, per year +19.6%-3.4% +23.1%
5 years -32.2%-60.1% +68.6%
5 years, per year -7.5%-16.8% +11.0%
10 years -38.4%— +258.0%
10 years, per year -4.7%— +13.6%

Risk

MeasureHIWJBGSSPY
Volatility, 1Y 29.3%34.8% 12.7%
Downside volatility, 1Y 32.0%40.3% 12.7%
Beta vs S&P 500, 1Y 0.560.17 1.00
Return / volatility, 1Y 0.08-1.32 1.02
Max drawdown, 5Y -62.9%-67.3% -25.4%
From 52-week high -11.6%-46.2% -1.8%
52-week high $34.39$21.55 $779.14
52-week low $20.58$10.05 $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.

MultipleHIWJBGS
P/E now vs peer median 20.2xmedian 22.0x -4.4xmedian 22.0x
P/S now vs peer median 4.0xmedian 2.1x 1.7xmedian 2.1x
EV/EBITDA now vs peer median —median 13.2x 22.9xmedian 13.2x
P/FCF now vs peer median -7.2xmedian 28.5x -13.1xmedian 28.5x
P/B now vs peer median 1.3xmedian 0.9x 0.8xmedian 0.9x
PEG now vs peer median 12.01median 2.11 0.04median 2.11

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 monthsHIWJBGS
Revenue $835.54M $508.41M
Net income $173.55M -$186.68M
Free cash flow -$462.85M -$66.16M
EPS (diluted) $1.48 $-2.64
Cash & equivalents $145.38M $74.80M
Total debt $3.52B $10.02B
Shares (diluted) 112.30M 58.28M
Enterprise value $3.32B $1.06B

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
MetricHIWJBGS
P/E 20.2x -4.4x
P/FCF -7.2x -13.1x
P/Operating cash flow 8.7x 14.2x
P/S 4.0x 1.7x
P/B 1.3x 0.8x
P/Tangible book 1.5x 0.8x
EV/EBITDA – 22.9x
EV/EBIT – -70.1x
EV/Revenue 8.0x 6.5x
EV/FCF -14.5x -50.2x
EV/Operating cash flow 17.5x 54.6x
PEG (3Y EPS CAGR) 12.01 0.04

Growth

14 metrics
MetricHIWJBGS
Revenue growth (1Y) 3.0% -1.1%
Revenue CAGR (3Y) -0.1% -5.6%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) 32.0% -4.3%
Net income CAGR (3Y) 3.2% -83.2%
EPS growth (1Y) 28.7% -17.4%
EPS CAGR (3Y) 1.7% -113.4%
Operating cash flow growth (1Y) 5.6% -39.5%
Operating cash flow CAGR (3Y) -1.4% -27.6%
Free cash flow growth (1Y) -4,099% 42.6%
Free cash flow CAGR (3Y) -103.2% 40.8%

Profitability

14 metrics
MetricHIWJBGS
Gross margin – –
EBITDA margin – 28.6%
Operating margin – –
Pretax margin – -37.4%
Net margin 19.9% -30.3%
FCF margin -55.4% -13.0%
Operating cash flow margin 46.0% 11.9%
Return on equity 6.7% -16.8%
Return on assets 2.7% -4.3%
Return on invested capital – -1.3%
Return on capital employed – –
Asset turnover 0.1x 0.1x
Cash conversion (OCF / net income) 2.2x -0.3x
Stock comp / revenue 1.1% 5.3%

Financial Health

11 metrics
MetricHIWJBGS
Debt / assets 54.3% 59.4%
Debt / equity 1.4x 2.3x
Net debt / EBITDA – 16.9x
Debt / FCF -7.6x -38.2x
Liabilities / assets 60.0% 74.7%
Equity / assets 40.0% 25.3%
Interest coverage – -0.3x
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricHIWJBGS
Dividend yield 6.6% 6.0%
Net buyback yield -1.8% 11.4%
Shareholder yield 4.7% 17.4%
Payout ratio (earnings) 126.2% -22.4%
Payout ratio (FCF) -47.3% -63.3%
Dividend growth (1Y) 2.3% -26.6%
Dividend CAGR (3Y) 1.3% -25.4%

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.

ConsensusHIWJBGS
Forward P/E 26.7xFY2026 –
EPS, next fiscal year $1.14FY2026 $-2.03FY2026
EPS growth, next FY -21.4%FY2026 –
EPS growth, the year after -36.0% –
Revenue, next fiscal year $908.60MFY2026 $453.74MFY2026
Revenue growth, next FY +12.7%FY2026 -9.0%FY2026
Revenue growth, the year after -8.1% +11.5%

Institutional Ownership

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

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.

HIWJBGS
HIW 1.00 0.47
JBGS 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HIW and JBGS?

Highwoods Properties (HIW) is the largest by market capitalisation: Highwoods Properties (HIW) $3.35B, JBG SMITH Properties (JBGS) $863.69M.

Which company is growing faster?

Highwoods Properties (HIW) grew revenue fastest over the trailing twelve months: Highwoods Properties (HIW) +3.0%, JBG SMITH Properties (JBGS) -1.1%.

Which company is more profitable?

Highwoods Properties (HIW) has the highest net margin (Highwoods Properties (HIW) 19.9%, JBG SMITH Properties (JBGS) -30.3%).

Which stock has performed better?

Over the past year Highwoods Properties (HIW) returned the most: Highwoods Properties (HIW) +2.3%, JBG SMITH Properties (JBGS) -46.1%. Over five years, Highwoods Properties (HIW) compounded fastest (Highwoods Properties (HIW) -7.5%/yr, JBG SMITH Properties (JBGS) -16.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Highwoods Properties (HIW) has the highest dividend yield: Highwoods Properties (HIW) 6.58%, JBG SMITH Properties (JBGS) 5.95%.

Which stock is riskier?

By one-year price volatility, Highwoods Properties (HIW) has been the steadiest (Highwoods Properties (HIW) 29.3%, JBG SMITH Properties (JBGS) 34.8%). Volatility measures how widely the price swings, not the risk of the business.

Do HIW and JBGS move together?

Their daily returns over the past year have a correlation of 0.47, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, HIW and JBGS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Highwoods Properties (HIW) leads on 8. 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.