HIW vs SLG vs DEI Stock Comparison

Highwoods Properties, Sl Green Realty and Douglas Emmett Prices as of Oct 29, 2026 Peers: Industry group
SLG Sl Green Realty Corp
$50.94 +3.9% 1M -1.2% 1Y
Market cap
$3.55B
P/E
–
Revenue (TTM)
$1.07B
Div. yield
–
Office REITs Real Estate
4 wins
DEI Douglas Emmett Inc
$10.21 +6.1% 1M -19.5% 1Y
Market cap
$1.70B
P/E
–
Revenue (TTM)
$1.01B
Div. yield
0.08%
Office REITs Real Estate
1 win

Head to Head

8 decided of 12

Sl Green Realty leads on 4 of the 12 questions below (Sl Green Realty 4, Highwoods Properties 3, Douglas Emmett 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHIWSLGDEILeader
Larger companyMarket capitalisation $3.41B $3.55B $1.70B SLG
Cheaper on earningsLower P/E, profitable companies only 18.4x -24.8x -74.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.7x — — –
Faster revenue growthRevenue growth, trailing twelve months +5.4% +9.7% +0.8% SLG
More profitableNet margin, trailing twelve months 21.7% — -2.3% HIW
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — 23.3x –
Higher dividend yieldTrailing dividend yield 0.06% 0.00% 0.08% DEI
Better 1-year returnPrice return, last 12 months +7.2% -1.2% -19.5% HIW
Better 5-year returnAnnualised price return, 5 years -7.5%/yr -6.7%/yr -20.8%/yr SLG
Less volatileAnnualised volatility, 1 year 29.4% 38.3% 30.7% HIW
Higher overall scoreMean of the five percentile scores vs peers 47/100 48/100 31/100 SLG

Percentile Scorecard

HIWSLGDEI

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

AxisHIWSLGDEI
Valuation 54 #68 of 145 48 #76 of 145 63 #54 of 145
Growth 35 #93 of 143 39 #87 of 143 6 #134 of 143
Profitability 60 #55 of 136 – 20 #109 of 136
Financial Health 29 #98 of 138 – 16 #116 of 138
Shareholder Returns 59 #55 of 131 57 #57 of 131 50 #66 of 131
Overall 47 48 31
  • HIW ranked among 149 companies in Property REITs
  • SLG ranked among 149 companies in Property REITs
  • DEI ranked among 149 companies in Property REITs

Price Performance

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

Returns

PeriodHIWSLGDEISPY
1 month +6.3%+3.9%+6.1% +0.7%
3 months -9.9%-5.0%-15.3% +3.7%
6 months +25.3%+20.1%-5.6% +7.1%
Year to date +17.9%+11.1%-7.1% +12.8%
1 year +7.2%-1.2%-19.5% +11.9%
3 years +70.0%+71.7%-9.3% +85.2%
3 years, per year +19.4%+19.8%-3.2% +22.8%
5 years -32.1%-29.5%-68.8% +67.6%
5 years, per year -7.5%-6.7%-20.8% +10.9%
10 years -37.6%-49.9%-71.7% +262.0%
10 years, per year -4.6%-6.7%-11.9% +13.7%

Risk

MeasureHIWSLGDEISPY
Volatility, 1Y 29.4%38.3%30.7% 12.7%
Downside volatility, 1Y 31.8%38.4%30.4% 12.6%
Beta vs S&P 500, 1Y 0.540.910.62 1.00
Return / volatility, 1Y 0.24-0.03-0.64 0.94
Max drawdown, 5Y -62.9%-76.2%-75.1% -25.4%
From 52-week high -11.5%-14.9%-21.2% -1.2%
52-week high $34.39$59.83$12.96 $779.14
52-week low $20.58$35.33$9.18 $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.

MultipleHIWSLGDEI
P/E now vs peer median 18.1xmedian 25.7x -25.1xmedian 25.7x -74.7xmedian 25.7x
P/S now vs peer median 3.9xmedian 4.1x 3.4xmedian 4.1x 1.7xmedian 4.1x
EV/EBITDA now vs peer median —median 14.3x —median 14.3x 30.7xmedian 14.3x
P/FCF now vs peer median -9.2xmedian 23.5x -3.5xmedian 23.5x -22.7xmedian 23.5x
P/B now vs peer median 1.3xmedian 1.3x 0.9xmedian 1.3x 0.5xmedian 1.3x
PEG now vs peer median 1.93median 1.86 -0.73median 1.86 2.21median 1.86

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 monthsHIWSLGDEI
Revenue $851.95M $1.07B $1.01B
Gross profit – – $636.52M
Operating income – – -$179.54M
Net income $193.92M – -$55.59M
Free cash flow -$366.24M – -$75.33M
EPS (diluted) $1.65 $-2.03 $-0.14
Cash & equivalents $279.21M $186.44M $354.96M
Total debt $3.51B – $5.72B
Shares (diluted) 112.32M 70.67M 167.49M
Enterprise value $2.92B $3.55B $234.30M

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
MetricHIWSLGDEI
P/E 18.1x -25.1x -74.7x
P/FCF -9.2x -3.5x -22.7x
P/Operating cash flow 8.9x – 4.4x
P/S 3.9x 3.4x 1.7x
P/B 1.3x 0.9x 0.5x
P/Tangible book 1.5x 1.2x 0.5x
EV/EBITDA – – 30.7x
EV/EBIT – – -39.4x
EV/Revenue 7.7x 3.4x 7.0x
EV/FCF -18.0x – -94.0x
EV/Operating cash flow 17.4x – 18.3x
PEG (3Y EPS CAGR) 1.93 -0.73 2.21

Growth

14 metrics
MetricHIWSLGDEI
Revenue growth (1Y) 5.4% 9.7% 0.8%
Revenue CAGR (3Y) 0.5% 1.5% -0.2%
Gross profit growth (1Y) – – 0.5%
Gross profit CAGR (3Y) – – -1.2%
Operating income growth (1Y) – – -4.6%
Operating income CAGR (3Y) – – -8.3%
Net income growth (1Y) 49.5% – -267.2%
Net income CAGR (3Y) 11.2% – -45.8%
EPS growth (1Y) 46.0% -7,085% -160.7%
EPS CAGR (3Y) 9.4% 34.3% -33.8%
Operating cash flow growth (1Y) 4.5% – -1.5%
Operating cash flow CAGR (3Y) -0.6% – -7.2%
Free cash flow growth (1Y) -176.2% – -134.4%
Free cash flow CAGR (3Y) -66.8% – -31.1%

Profitability

14 metrics
MetricHIWSLGDEI
Gross margin – – 63.2%
EBITDA margin – – 22.9%
Operating margin – – -17.8%
Pretax margin – – -45.0%
Net margin 21.7% – -2.3%
FCF margin -43.0% – -7.5%
Operating cash flow margin 44.5% – 38.3%
Return on equity 7.5% -2.6% -2.0%
Return on assets 3.0% – -0.7%
Return on invested capital – – –
Return on capital employed – – –
Asset turnover 0.1x – 0.1x
Cash conversion (OCF / net income) 2.0x – -6.9x
Stock comp / revenue 1.1% – 2.1%

Financial Health

11 metrics
MetricHIWSLGDEI
Debt / assets 54.5% – 59.9%
Debt / equity 1.4x – 1.6x
Net debt / EBITDA – – 23.3x
Debt / FCF -9.6x – -76.0x
Liabilities / assets 60.2% – 63.2%
Equity / assets 39.8% – 36.8%
Interest coverage – – -0.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricHIWSLGDEI
Dividend yield 6.6% 4.7% 7.4%
Net buyback yield -0.4% – –
Shareholder yield 6.2% 4.7% 7.4%
Payout ratio (earnings) 113.6% – -228.9%
Payout ratio (FCF) -60.1% – -169.0%
Dividend growth (1Y) 2.3% – 0.0%
Dividend CAGR (3Y) 1.5% – -8.3%

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.

ConsensusHIWSLGDEI
Forward P/E 26.7xFY2026 – –
EPS, next fiscal year $1.14FY2026 $-0.75FY2026 $-0.12FY2026
EPS growth, next FY -21.4%FY2026 – -233.3%FY2026
EPS growth, the year after -36.0% – –
Revenue, next fiscal year $908.60MFY2026 $640.65MFY2026 $1.09BFY2026
Revenue growth, next FY +12.7%FY2026 +6.5%FY2026 +9.1%FY2026
Revenue growth, the year after -8.1% +6.4% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHIWSLGDEI
Held by institutions 100.0% 99.3% 100.0%
Institutions holding 372 356 284
Change in shares held, QoQ +10.9% +0.0% +5.5%
Institutions buying 214 185 172
Institutions selling 102 119 77
Buyers to sellers 2.10 1.55 2.23

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.

HIWSLGDEI
HIW 1.00 0.73 0.68
SLG 0.73 1.00 0.69
DEI 0.68 0.69 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HIW, SLG and DEI?

Sl Green Realty (SLG) is the largest by market capitalisation: Highwoods Properties (HIW) $3.41B, Sl Green Realty (SLG) $3.55B, Douglas Emmett (DEI) $1.70B.

Which company is growing faster?

Sl Green Realty (SLG) grew revenue fastest over the trailing twelve months: Highwoods Properties (HIW) +5.4%, Sl Green Realty (SLG) +9.7%, Douglas Emmett (DEI) +0.8%.

Which company is more profitable?

Highwoods Properties (HIW) has the highest net margin (Highwoods Properties (HIW) 21.7%, Douglas Emmett (DEI) -2.3%).

Which stock has performed better?

Over the past year Highwoods Properties (HIW) returned the most: Highwoods Properties (HIW) +7.2%, Sl Green Realty (SLG) -1.2%, Douglas Emmett (DEI) -19.5%. Over five years, Sl Green Realty (SLG) compounded fastest (Highwoods Properties (HIW) -7.5%/yr, Sl Green Realty (SLG) -6.7%/yr, Douglas Emmett (DEI) -20.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Douglas Emmett (DEI) has the highest dividend yield: Highwoods Properties (HIW) 0.06%, Sl Green Realty (SLG) 0.00%, Douglas Emmett (DEI) 0.08%. Sl Green Realty (SLG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Highwoods Properties (HIW) has been the steadiest (Highwoods Properties (HIW) 29.4%, Sl Green Realty (SLG) 38.3%, Douglas Emmett (DEI) 30.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HIW, SLG and DEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Sl Green Realty (SLG) leads on 4. 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.