Highwoods Properties (HIW) Capital Expenditures (2009 - 2025)
Highwoods Properties' (HIW) quarterly Capital Expenditures came in at $2.0 million in Q4 2025, down 95.77% year-on-year from $46.7 million in Q4 2024, and up 101.46% quarter-over-quarter from -$135.9 million in Q3 2025.
Highwoods Properties (HIW) Capital Expenditures (2009 - 2025) Analysis & Trends
Highwoods Properties has disclosed Capital Expenditures across 17 years of filings, most recently posting $2.0 million for Q4 2025.
- Capital Expenditures for Q4 2025 came in at $2.0 million, down 95.77% year-over-year; the trailing twelve-month figure through Dec 2025 was $3.9 million (down 92.24% YoY), and the FY2025 annual result was $3.9 million, down 92.24% from the prior year.
- Capital Expenditures came in at $2.0 million for Q4 2025 at Highwoods Properties, up from -$135.9 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $325.4 million in Q4 2021 to a low of -$135.9 million in Q3 2025.
- The 5-year median for Capital Expenditures is $6.5 million (2022), against an average of $24.3 million.
- Across the five-year window, Capital Expenditures slumped 925.45% in 2021 and jumped 8562.98% in 2025, its largest moves.
- Highwoods Properties' Capital Expenditures stood at $325.4 million in 2021, then sank by 94.43% to $18.1 million in 2022, then retreated by 8.6% to $16.6 million in 2023, then jumped by 181.7% to $46.7 million in 2024, then slumped by 95.77% to $2.0 million in 2025.
- The last three Capital Expenditures figures came in at $2.0 million (Q4 2025), -$135.9 million (Q3 2025), and $137.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.03 Bn | 9.03 Bn | - | 137.63 Mn |
| 2 | Cousins Properties | 4.85 Bn | 4.87 Bn | 180.52 Mn | 59.66 Mn |
| 3 | Kilroy Realty | 4.57 Bn | 4.57 Bn | -59.85 Mn | 100.18 Mn |
| 4 | Sl Green Realty | 3.90 Bn | 4.01 Bn | 252.80 Mn | - |
| 5 | Copt Defense Properties | 3.85 Bn | 3.90 Bn | 195.09 Mn | 6.24 Mn |
| 6 | Highwoods Properties | 3.25 Bn | 3.27 Bn | - | 1.98 Mn |
| 7 | Douglas Emmett | 2.11 Bn | 3.29 Bn | 176.48 Mn | 51.71 Mn |
| 8 | Empire State Realty OP | 1.49 Bn | 1.49 Bn | - | 18.19 Mn |
| 9 | Piedmont Realty Trust | 1.15 Bn | 1.15 Bn | 85.99 Mn | 38.28 Mn |
| 10 | Easterly Government Properties | 1.12 Bn | 1.17 Bn | 71.01 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 1.98 Mn |
| Dec 31, 2025 | 1.98 Mn |
| Sep 30, 2025 | -135.86 Mn |
| Sep 30, 2025 | -135.86 Mn |
| Jun 30, 2025 | 137.83 Mn |
| Jun 30, 2025 | 137.83 Mn |
| Dec 31, 2024 | 46.69 Mn |
| Dec 31, 2024 | 46.69 Mn |
| Jun 30, 2024 | 1.59 Mn |
| Jun 30, 2024 | 1.59 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Dec 31, 2023 | 16.57 Mn |
| Dec 31, 2023 | 16.57 Mn |
| Sep 30, 2023 | -1.27 Mn |
| Sep 30, 2023 | -1.27 Mn |
| Jun 30, 2023 | 8.61 Mn |
| Jun 30, 2023 | 8.61 Mn |
| Mar 31, 2023 | 9.93 Mn |
| Mar 31, 2023 | 9.93 Mn |