Highwoods Properties (HIW) FCF Margin (2009 - 2025)

Highwoods Properties has disclosed FCF Margin across 17 years of filings, most recently posting 48.05% for Q4 2025.

• FCF Margin for Q4 2025 came in at 48.05%, up 2029.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 44.07% (up 136.0% YoY), and the FY2025 annual result was 44.07%, up 136.0% from the prior year.
• FCF Margin came in at 48.05% for Q4 2025 at Highwoods Properties, down from 115.24% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 115.24% in Q3 2025 to a low of 108.31% in Q4 2021.
• The 5-year median for FCF Margin is 46.55% (2021), against an average of 38.3%.
• Across the five-year window, FCF Margin tumbled 22029 bps in 2021 and jumped 14788 bps in 2022, its largest moves.
• Highwoods Properties' FCF Margin stood at 108.31% in 2021, then surged by 137 bps to 39.57% in 2022, then gained by 5 bps to 41.68% in 2023, then plunged by 33 bps to 27.75% in 2024, then surged by 73 bps to 48.05% in 2025.
• The last three FCF Margin figures came in at 48.05% (Q4 2025), 115.24% (Q3 2025), and 10.62% (Q2 2025), per Business Quant data.