Highwoods Properties (HIW) EV to FCF (2010 - 2025)
Highwoods Properties' (HIW) EV to FCF stood at 8.06 in Q4 2025, down 3.5% from 8.35 a year earlier and down 17.4% from the prior quarter.
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Analysis
Highwoods Properties (HIW) EV to FCF (2010 - 2025) Analysis & Trends
Starting with Q2 2010, Highwoods Properties' EV to FCF history includes 63 quarters.
- Across earlier years, EV to FCF came in at 8.35 in FY2024 (+20.2%), 6.94 in FY2023 (-12.3%), 7.92 in FY2022 (-44.1%) and 14.15 in FY2021 (-32.2%).
- The Q4 2025 figure is the lowest quarterly EV to FCF since Q2 2024.
- On a year-over-year basis, EV to FCF rose in seven of the last eight quarters, with growth averaging 15.4%.
- Peak year-over-year performance for EV to FCF in the last five years was growth of 42.8% in Q3 2024, against a decline of 55.0% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 9.76 (Q3 2025), 9.35 (Q2 2025) and 8.62 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 166.01 Bn | 148.52 Bn | 1.39 Bn |
| 2 | Prologis | 121.16 Bn | 125.55 Bn | - |
| 3 | Simon Property | 65.49 Bn | 66.75 Bn | - |
| 4 | Realty Income | 51.38 Bn | 53.76 Bn | - |
| 5 | Public Storage | 49.67 Bn | 48.75 Bn | - |
| 6 | Ventas | 43.61 Bn | 42.81 Bn | - |
| 7 | Extra Space Storage | 27.79 Bn | 27.79 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.29 Bn | 23.41 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.78 Bn | 22.97 Bn | - |
| 10 | Highwoods Properties | 3.20 Bn | 3.18 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 8.06 |
| Sep 30, 2025 | 9.76 |
| Jun 30, 2025 | 9.35 |
| Mar 31, 2025 | 8.62 |
| Dec 31, 2024 | 8.35 |
| Sep 30, 2024 | 9.21 |
| Jun 30, 2024 | 7.24 |
| Mar 31, 2024 | 7.67 |
| Dec 31, 2023 | 6.94 |
| Sep 30, 2023 | 6.45 |
| Jun 30, 2023 | 7.14 |
| Mar 31, 2023 | 6.67 |
| Dec 31, 2022 | 7.92 |
| Sep 30, 2022 | 7.44 |
| Jun 30, 2022 | 9.76 |
| Mar 31, 2022 | 14.67 |
| Dec 31, 2021 | 14.15 |
| Sep 30, 2021 | 16.53 |
| Jun 30, 2021 | 19.83 |
| Mar 31, 2021 | 19.47 |
API Access
Highwoods Properties EV to FCF 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-fcf&ticker=HIW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();