Highwoods Properties (HIW) Cash from Operations (2009 - 2025)
Highwoods Properties' (HIW) quarterly Cash from Operations came in at $99.7 million in Q4 2025, down 3.9% year-over-year from $103.7 million in Q4 2024, and up 3.12% quarter-over-quarter from $96.7 million in Q3 2025.
Analysis
Highwoods Properties (HIW) Cash from Operations (2009 - 2025) Analysis & Trends
Highwoods Properties has disclosed Cash from Operations across 17 years of filings, most recently posting $99.7 million for Q4 2025.
- In Q4 2025, Cash from Operations fell 3.9% year-over-year to $99.7 million; the TTM figure through Dec 2025 stood at $359.2 million (down 11.0% YoY), while the FY2025 annual figure was $359.2 million, down 11.0% from the prior year.
- Cash from Operations came in at $99.7 million for Q4 2025 at Highwoods Properties, up from $96.7 million in the prior quarter.
- In the past five years, Cash from Operations ranged from a high of $130.0 million in Q2 2024 to a low of $46.3 million in Q1 2025.
- Average Cash from Operations over 5 years is $99.3 million, with a median of $102.9 million recorded in 2023.
- Year-over-year, Cash from Operations soared 30.44% in 2021 and plunged 36.03% in 2025.
- Over 5 years, Cash from Operations stood at $105.3 million in 2021, then fell by 3.27% to $101.9 million in 2022, then grew by 0.87% to $102.8 million in 2023, then climbed by 0.91% to $103.7 million in 2024, then dropped by 3.9% to $99.7 million in 2025.
- Per Business Quant data, the three most recent Cash from Operations figures were $99.7 million in Q4 2025, $96.7 million in Q3 2025, and $116.5 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.45 Bn | 13.96 Bn | - | - |
| 2 | Alexandria Real Estate Equities | 8.47 Bn | 7.37 Bn | - | 336.97 Mn |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn | 156.53 Mn |
| 4 | Kilroy Realty | 4.05 Bn | 4.05 Bn | 212.24 Mn | - |
| 5 | Copt Defense Properties | 4.00 Bn | 4.00 Bn | 191.37 Mn | 91.06 Mn |
| 6 | Sl Green Realty | 3.65 Bn | 3.65 Bn | 263.98 Mn | 88.03 Mn |
| 7 | Highwoods Properties | 3.36 Bn | 3.01 Bn | - | - |
| 8 | Douglas Emmett | 1.79 Bn | 1.43 Bn | 178.95 Mn | 96.15 Mn |
| 9 | Alexanders | 1.30 Bn | 1.00 Bn | - | 6.19 Mn |
| 10 | American Assets Trust | 1.30 Bn | 1.30 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 99.68 Mn |
| Sep 30, 2025 | 96.67 Mn |
| Jun 30, 2025 | 116.53 Mn |
| Mar 31, 2025 | 46.32 Mn |
| Dec 31, 2024 | 103.73 Mn |
| Sep 30, 2024 | 97.49 Mn |
| Jun 30, 2024 | 129.96 Mn |
| Mar 31, 2024 | 72.41 Mn |
| Dec 31, 2023 | 102.79 Mn |
| Sep 30, 2023 | 103.05 Mn |
| Jun 30, 2023 | 115.45 Mn |
| Mar 31, 2023 | 65.67 Mn |
| Dec 31, 2022 | 101.90 Mn |
| Sep 30, 2022 | 117.98 Mn |
| Jun 30, 2022 | 127.82 Mn |
| Mar 31, 2022 | 74.08 Mn |
| Dec 31, 2021 | 105.34 Mn |
| Sep 30, 2021 | 111.80 Mn |
| Jun 30, 2021 | 114.44 Mn |
| Mar 31, 2021 | 82.98 Mn |