Highwoods Properties (HIW) EBITDA Margin (2009 - 2018)
Highwoods Properties (HIW) posted EBITDA Margin of 28.58% for Q4 2018, down 1.16% sequentially from 28.91% in Q3 2018, and up 149.0% YoY from 11.48% in Q4 2017.
Highwoods Properties (HIW) EBITDA Margin (2009 - 2018) Analysis & Trends
Highwoods Properties has reported EBITDA Margin for 10 years, with the latest figure at 28.58% in Q4 2018.
- Quarterly EBITDA Margin rose 149.0% year-over-year to 28.58% in Q4 2018, while the trailing twelve-month figure through Dec 2018 was 34.18% (up 484.0% YoY) and the FY2018 annual result came in at 29.05%, up 70.0% from the prior year.
- EBITDA Margin slipped to 28.58% in Q4 2018 per HIW's latest filing, from 28.91% in the prior quarter.
- Over five years, EBITDA Margin peaked at 51.65% in Q3 2016 and troughed at 13.67% in Q4 2014.
- A 5-year average of 28.95% and a median of 27.94% in 2016 frame the typical range for EBITDA Margin.
- The sharpest annual moves came in 2014 and 2016: EBITDA Margin tumbled 2778 bps in 2014, then soared 2558 bps in 2016.
- Over 5 years, EBITDA Margin stood at 13.67% in 2014, then jumped by 61 bps to 22.01% in 2015, then advanced by 8 bps to 23.68% in 2016, then climbed by 14 bps to 27.09% in 2017, then increased by 6 bps to 28.58% in 2018.
- According to Business Quant data, EBITDA Margin over the past three periods registered 28.58%, 28.91%, and 50.48% for Q4 2018, Q3 2018, and Q2 2018 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | - |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | -24.35% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | 1.92% |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 28.98% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 77.17% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | -10.62% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | -70.45% |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 6.54% |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | 2.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 28.58% |
| Sep 30, 2018 | 28.91% |
| Jun 30, 2018 | 50.48% |
| Mar 31, 2018 | 28.88% |
| Dec 31, 2017 | 27.09% |
| Sep 30, 2017 | 28.77% |
| Jun 30, 2017 | 30.41% |
| Mar 31, 2017 | 31.13% |
| Dec 31, 2016 | 23.68% |
| Sep 30, 2016 | 51.65% |
| Jun 30, 2016 | 27.71% |
| Mar 31, 2016 | 26.33% |
| Dec 31, 2015 | 22.01% |
| Sep 30, 2015 | 26.07% |
| Jun 30, 2015 | 26.85% |
| Mar 31, 2015 | 24.40% |
| Dec 31, 2014 | 13.67% |
| Sep 30, 2014 | 29.61% |
| Jun 30, 2014 | 24.52% |
| Mar 31, 2014 | 28.18% |