Highwoods Properties (HIW) Cash from Operations (2009 - 2025)
Highwoods Properties (HIW) reported Cash from Operations of $99.68 million for Q4 2025, down 3.9% from $103.73 million a year earlier but up 3.1% from the prior quarter.
Highwoods Properties (HIW) Cash from Operations (2009 - 2025) Analysis & Trends
For FY2025, Highwoods Properties posted Cash from Operations of $359.21 million, down 11.0% from FY2024.
- Cash from Operations has a five-year compound annual growth rate of 0.1% (FY2020 to FY2025).
- By year, Cash from Operations came in at $403.58 million in FY2024 (+4.3%), $386.96 million in FY2023 (-8.3%), $421.78 million in FY2022 (+1.7%) and $414.56 million in FY2021 (+15.7%).
- Five-year quarterly Cash from Operations spans a low of $46.32 million in Q1 2025 and a high of $129.96 million in Q2 2024.
- Year over year, Cash from Operations has now declined in each of the last four quarters, with an average decline of 4.1% over the last eight quarters.
- The high point for year-over-year Cash from Operations in five years was Q1 2021 (growth of 30.4%); the low point was Q1 2025 (a decline of 36.0%).
- Per Business Quant data, the three quarters before Q4 2025 came in at $96.67 million (Q3 2025), $116.53 million (Q2 2025) and $46.32 million (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn | 1.00 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - | 1.20 Bn |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - | 1.15 Bn |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - | 868.44 Mn |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - | 556.55 Mn |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn | 586.41 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn | 728.18 Mn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - | - |
| 10 | Highwoods Properties | 3.20 Bn | 3.18 Bn | - | - |
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 |
Highwoods Properties Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "HIW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();