Highwoods Properties (HIW) EV to CFO (2009 - 2025)
Highwoods Properties' (HIW) quarterly EV to CFO came in at 26.57 in Q4 2025, down 11.47% year-over-year from 30.02 in Q4 2024, and down 22.4% quarter-over-quarter from 34.24 in Q3 2025.
Analysis
Highwoods Properties (HIW) EV to CFO (2009 - 2025) Analysis & Trends
Highwoods Properties has disclosed EV to CFO across 17 years of filings, most recently posting 26.57 for Q4 2025.
- In Q4 2025, EV to CFO fell 11.47% year-over-year to 26.57; the TTM figure through Dec 2025 stood at 7.37 (down 4.41% YoY), while the FY2025 annual figure was 7.37, down 4.41% from the prior year.
- EV to CFO came in at 26.57 for Q4 2025 at Highwoods Properties, down from 34.24 in the prior quarter.
- In the past five years, EV to CFO ranged from a high of 64.9 in Q1 2025 to a low of 19.2 in Q3 2023.
- Average EV to CFO over 5 years is 34.25, with a median of 32.13 recorded in 2024.
- Year-over-year, EV to CFO slumped 45.81% in 2023 and surged 81.57% in 2025.
- Over 5 years, EV to CFO stood at 43.2 in 2021, then slumped by 37.36% to 27.06 in 2022, then slipped by 20.02% to 21.64 in 2023, then jumped by 38.7% to 30.02 in 2024, then fell by 11.47% to 26.57 in 2025.
- Per Business Quant data, the three most recent EV to CFO figures were 26.57 in Q4 2025, 34.24 in Q3 2025, and 27.17 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Brookfield Property Partners | 15.48 Bn | 13.99 Bn | - |
| 2 | Alexandria Real Estate Equities | 8.61 Bn | 7.50 Bn | - |
| 3 | Cousins Properties | 4.59 Bn | 4.59 Bn | 183.86 Mn |
| 4 | Kilroy Realty | 4.11 Bn | 4.11 Bn | 212.24 Mn |
| 5 | Copt Defense Properties | 3.97 Bn | 3.97 Bn | 191.37 Mn |
| 6 | Sl Green Realty | 3.71 Bn | 3.71 Bn | 263.98 Mn |
| 7 | Highwoods Properties | 3.33 Bn | 2.99 Bn | - |
| 8 | Douglas Emmett | 1.81 Bn | 1.45 Bn | 178.95 Mn |
| 9 | Alexanders | 1.32 Bn | 1.01 Bn | - |
| 10 | American Assets Trust | 1.31 Bn | 1.31 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 26.57 |
| Sep 30, 2025 | 34.24 |
| Jun 30, 2025 | 27.17 |
| Mar 31, 2025 | 64.90 |
| Dec 31, 2024 | 30.02 |
| Sep 30, 2024 | 34.67 |
| Jun 30, 2024 | 19.95 |
| Mar 31, 2024 | 35.74 |
| Dec 31, 2023 | 21.64 |
| Sep 30, 2023 | 19.20 |
| Jun 30, 2023 | 20.20 |
| Mar 31, 2023 | 34.34 |
| Dec 31, 2022 | 27.06 |
| Sep 30, 2022 | 22.42 |
| Jun 30, 2022 | 26.57 |
| Mar 31, 2022 | 63.36 |
| Dec 31, 2021 | 43.20 |
| Sep 30, 2021 | 40.16 |
| Jun 30, 2021 | 40.51 |
| Mar 31, 2021 | 53.14 |