Highwoods Properties (HIW) Capital Expenditures (2009 - 2025)
Highwoods Properties (HIW) posted Capital Expenditures of $439.6 million for Q4 2025, up 423.53% sequentially from -$135.9 million in Q3 2025, and up 841.51% YoY from $46.7 million in Q4 2024.
Highwoods Properties (HIW) Capital Expenditures (2009 - 2025) Analysis & Trends
Highwoods Properties has reported Capital Expenditures for 17 years, with the latest figure at $439.6 million in Q4 2025.
- Quarterly Capital Expenditures rose 841.51% year-over-year to $439.6 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $441.5 million (up 768.54% YoY) and the FY2025 annual result came in at $441.5 million, up 768.54% from the prior year.
- Capital Expenditures advanced to $439.6 million in Q4 2025 per HIW's latest filing, from -$135.9 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $439.6 million in Q4 2025 and troughed at -$135.9 million in Q3 2025.
- A 5-year average of $47.8 million and a median of $7.6 million in 2022 frame the typical range for Capital Expenditures.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures slumped 176.37% in 2023, then soared 8562.98% in 2025.
- Over 5 years, Capital Expenditures stood at $325.4 million in 2021, then sank by 94.43% to $18.1 million in 2022, then sank by 142.11% to -$7.6 million in 2023, then surged by 711.47% to $46.7 million in 2024, then soared by 841.51% to $439.6 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered $439.6 million, -$135.9 million, and $137.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.12 Bn | 8.01 Bn | - | 403.32 Mn |
| 2 | Cousins Properties | 4.87 Bn | 4.87 Bn | 183.86 Mn | - |
| 3 | Kilroy Realty | 4.25 Bn | 4.25 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.20 Bn | 4.20 Bn | 191.37 Mn | 47.07 Mn |
| 5 | Sl Green Realty | 4.07 Bn | 4.07 Bn | 263.98 Mn | - |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.98 Bn | 1.62 Bn | 178.95 Mn | 202.69 Mn |
| 8 | Empire State Realty OP | 1.26 Bn | 1.26 Bn | - | 30.99 Mn |
| 9 | Piedmont Realty Trust | 1.21 Bn | 1.21 Bn | 88.14 Mn | 33.57 Mn |
| 10 | Easterly Government Properties | 1.14 Bn | 1.14 Bn | 72.41 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 439.56 Mn |
| Dec 31, 2025 | 439.56 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 | -7.64 Mn |
| Dec 31, 2023 | -7.64 Mn |
| Sep 30, 2023 | 19.11 Mn |
| Sep 30, 2023 | 19.11 Mn |
| Jun 30, 2023 | -2.87 Mn |
| Jun 30, 2023 | -2.87 Mn |
| Mar 31, 2023 | 9.93 Mn |
| Mar 31, 2023 | 9.93 Mn |