Highwoods Properties (HIW) EV to FCF (2009 - 2025)
Highwoods Properties' (HIW) quarterly EV to FCF came in at 28.23 in Q4 2025, down 151.73% year-over-year from 54.58 in Q4 2024, and up 88.47% quarter-over-quarter from 244.83 in Q3 2025.
Analysis
Highwoods Properties (HIW) EV to FCF (2009 - 2025) Analysis & Trends
Highwoods Properties has disclosed EV to FCF across 17 years of filings, most recently posting 28.23 for Q4 2025.
- In Q4 2025, EV to FCF fell 151.73% year-over-year to 28.23; the TTM figure through Dec 2025 stood at 32.18 (down 464.61% YoY), while the FY2025 annual figure was 32.18, down 464.61% from the prior year.
- EV to FCF came in at 28.23 for Q4 2025 at Highwoods Properties, up from 244.83 in the prior quarter.
- In the past five years, EV to FCF ranged from a high of 82.4 in Q1 2022 to a low of 244.83 in Q3 2025.
- Average EV to FCF over 5 years is 11.44, with a median of 27.12 recorded in 2022.
- Year-over-year, EV to FCF soared 162.6% in 2023 and tumbled 806.26% in 2025.
- Over 5 years, EV to FCF stood at 64.81 in 2021, then tumbled by 58.25% to 27.06 in 2022, then decreased by 13.57% to 23.39 in 2023, then soared by 133.41% to 54.58 in 2024, then plunged by 151.73% to 28.23 in 2025.
- Per Business Quant data, the three most recent EV to FCF figures were 28.23 in Q4 2025, 244.83 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 | 16.02 Bn | 14.53 Bn | - |
| 2 | Alexandria Real Estate Equities | 9.17 Bn | 11.68 Bn | - |
| 3 | Cousins Properties | 4.79 Bn | 4.79 Bn | 183.86 Mn |
| 4 | Kilroy Realty | 4.32 Bn | 4.54 Bn | 212.24 Mn |
| 5 | Copt Defense Properties | 3.99 Bn | 4.04 Bn | 191.37 Mn |
| 6 | Sl Green Realty | 3.93 Bn | 4.23 Bn | 263.98 Mn |
| 7 | Highwoods Properties | 3.44 Bn | 3.29 Bn | - |
| 8 | Douglas Emmett | 1.91 Bn | 3.23 Bn | 178.95 Mn |
| 9 | American Assets Trust | 1.35 Bn | 1.29 Bn | - |
| 10 | Alexanders | 1.34 Bn | 1.04 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -28.23 |
| Sep 30, 2025 | -244.83 |
| Jun 30, 2025 | 27.17 |
| Mar 31, 2025 | -32.86 |
| Dec 31, 2024 | 54.58 |
| Sep 30, 2024 | 34.67 |
| Jun 30, 2024 | 20.19 |
| Mar 31, 2024 | 37.05 |
| Dec 31, 2023 | 23.39 |
| Sep 30, 2023 | 20.71 |
| Jun 30, 2023 | 21.86 |
| Mar 31, 2023 | 40.46 |
| Dec 31, 2022 | 27.06 |
| Sep 30, 2022 | -33.08 |
| Jun 30, 2022 | 28.79 |
| Mar 31, 2022 | 82.40 |
| Dec 31, 2021 | 64.81 |
| Sep 30, 2021 | -43.17 |
| Jun 30, 2021 | 58.05 |
| Mar 31, 2021 | 69.78 |