Highwoods Properties (HIW) EV to CFO (2009 - 2026)
Highwoods Properties' EV to CFO came in at 8.22 for Q3 2026, down 15.3% from 9.70 a year earlier and down 6.5% from the prior quarter.
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Analysis
Highwoods Properties (HIW) EV to CFO (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Highwoods Properties reported EV to CFO of 7.68, down 19.4% year-over-year; for FY2025, it was 7.97, down 3.5% from FY2024.
- Going back by year, EV to CFO was 8.26 in FY2024 (+30.4%), 6.34 in FY2023 (-10.6%), 7.09 in FY2022 (-38.4%) and 11.50 in FY2021 (-0.1%).
- The five-year range for quarterly EV to CFO is 5.71 (Q3 2023) to 12.09 (Q1 2022).
- Year-over-year, EV to CFO has declined for four consecutive quarters, with growth averaging 6.0% over the last eight quarters.
- The fastest year-over-year change in EV to CFO over five years came in Q3 2024 (growth of 56.5%), and the weakest in Q1 2023 (a decline of 50.3%).
- Business Quant data shows HIW's EV to CFO at 8.79 (Q2 2026), 6.73 (Q1 2026) and 7.97 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn |
| 10 | Highwoods Properties | 3.43 Bn | 3.14 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.22 |
| Jun 30, 2026 | 8.79 |
| Mar 31, 2026 | 6.73 |
| Dec 31, 2025 | 7.97 |
| Sep 30, 2025 | 9.70 |
| Jun 30, 2025 | 9.34 |
| Mar 31, 2025 | 8.58 |
| Dec 31, 2024 | 8.26 |
| Sep 30, 2024 | 8.94 |
| Jun 30, 2024 | 6.89 |
| Mar 31, 2024 | 7.15 |
| Dec 31, 2023 | 6.34 |
| Sep 30, 2023 | 5.71 |
| Jun 30, 2023 | 6.39 |
| Mar 31, 2023 | 6.01 |
| Dec 31, 2022 | 7.09 |
| Sep 30, 2022 | 6.77 |
| Jun 30, 2022 | 8.72 |
| Mar 31, 2022 | 12.09 |
| Dec 31, 2021 | 11.50 |
API Access
Highwoods Properties EV to CFO 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=ev-to-cfo&ticker=HIW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();