Highwoods Properties, Inc. (HIW) FCF Margin (2009 - 2026)
Highwoods Properties' FCF Margin came in at 48.05% for Q4 2025, down 2.42 percentage points from 50.47% a year earlier but up 0.82 percentage points from the prior quarter.
Highwoods Properties, Inc. (HIW) FCF Margin (2009 - 2026) Analysis & Trends
For FY2025, Highwoods Properties' FCF Margin was 44.07%, down 4.29 percentage points from FY2024.
- FCF Margin carries a five-year change of +17.26 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 48.37% in FY2024 (+6.03 pp), 42.34% in FY2023 (-3.19 pp), 45.53% in FY2022 (+1.69 pp) and 43.84% in FY2021 (+17.03 pp).
- The five-year range for quarterly FCF Margin is 23.12% (Q1 2025) to 62.70% (Q2 2024).
- Year-over-year, FCF Margin has declined for four consecutive quarters, with an average year-over-year change of +0.80 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2021 (a gain of 24.04 percentage points), and the weakest in Q1 2025 (a drop of 9.94 percentage points).
- Business Quant data shows HIW's FCF Margin at 47.23% (Q3 2025), 57.80% (Q2 2025) and 23.12% (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.75% |
| Mar 31, 2026 | -138.80% |
| Dec 31, 2025 | -76.58% |
| Sep 30, 2025 | -35.81% |
| Jun 30, 2025 | 34.30% |
| Mar 31, 2025 | -63.80% |
| Dec 31, 2024 | -0.64% |
| Sep 30, 2024 | 24.14% |
| Jun 30, 2024 | 41.02% |
| Mar 31, 2024 | 15.04% |
| Dec 31, 2023 | 20.45% |
| Sep 30, 2023 | 28.64% |
| Jun 30, 2023 | 23.02% |
| Mar 31, 2023 | 4.05% |
| Dec 31, 2022 | 10.78% |
| Sep 30, 2022 | -64.90% |
| Jun 30, 2022 | 25.41% |
| Mar 31, 2022 | 7.31% |
| Dec 31, 2021 | 8.99% |
| Sep 30, 2021 | -103.80% |
Highwoods Properties, Inc. FCF Margin 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=fcf-margin&ticker=HIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();