Highwoods Properties (HIW) FCF Margin (2009 - 2025)
Highwoods Properties (HIW) posted FCF Margin of 167.13% for Q4 2025, down 245.03% sequentially from 115.24% in Q3 2025, and down 19488.0% YoY from N/an in Q4 2024.
Highwoods Properties (HIW) FCF Margin (2009 - 2025) Analysis & Trends
Highwoods Properties has reported FCF Margin for 17 years, with the latest figure at 167.13% in Q4 2025.
- Quarterly FCF Margin fell 19488.0% year-over-year to 167.13% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 10.21% (down 5292.0% YoY) and the FY2025 annual result came in at 10.21%, down 5292.0% from the prior year.
- FCF Margin retreated to 167.13% in Q4 2025 per HIW's latest filing, from 115.24% in the prior quarter.
- Over five years, FCF Margin peaked at 115.24% in Q3 2025 and troughed at 167.13% in Q4 2025.
- A 5-year average of 27.8% and a median of 40.05% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2021 and 2022: FCF Margin plunged 21792 bps in 2021, then soared 14788 bps in 2022.
- Over 5 years, FCF Margin stood at 108.31% in 2021, then jumped by 137 bps to 39.57% in 2022, then surged by 35 bps to 53.38% in 2023, then tumbled by 48 bps to 27.75% in 2024, then slumped by 702 bps to 167.13% in 2025.
- According to Business Quant data, FCF Margin over the past three periods registered 167.13%, 115.24%, and 10.62% for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alexandria Real Estate Equities | 9.06 Bn | 7.96 Bn | - | -10.01% |
| 2 | Cousins Properties | 4.86 Bn | 4.86 Bn | 183.86 Mn | 58.29% |
| 3 | Kilroy Realty | 4.28 Bn | 4.28 Bn | 212.24 Mn | - |
| 4 | Copt Defense Properties | 4.18 Bn | 4.18 Bn | 191.37 Mn | 22.29% |
| 5 | Sl Green Realty | 4.12 Bn | 4.12 Bn | 263.98 Mn | 33.35% |
| 6 | Highwoods Properties | 3.47 Bn | 3.13 Bn | - | - |
| 7 | Douglas Emmett | 1.99 Bn | 1.64 Bn | 178.95 Mn | -41.53% |
| 8 | Empire State Realty OP | 1.25 Bn | 1.25 Bn | - | -5.81% |
| 9 | Piedmont Realty Trust | 1.22 Bn | 1.22 Bn | 88.14 Mn | 21.35% |
| 10 | Easterly Government Properties | 1.15 Bn | 1.15 Bn | 72.41 Mn | 48.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -167.13% |
| Sep 30, 2025 | 115.24% |
| Jun 30, 2025 | -10.62% |
| Mar 31, 2025 | 23.12% |
| Dec 31, 2024 | 27.75% |
| Sep 30, 2024 | 47.72% |
| Jun 30, 2024 | 62.70% |
| Mar 31, 2024 | 33.06% |
| Dec 31, 2023 | 53.38% |
| Sep 30, 2023 | 40.53% |
| Jun 30, 2023 | 57.08% |
| Mar 31, 2023 | 26.20% |
| Dec 31, 2022 | 39.57% |
| Sep 30, 2022 | 54.41% |
| Jun 30, 2022 | 60.86% |
| Mar 31, 2022 | 27.60% |
| Dec 31, 2021 | -108.31% |
| Sep 30, 2021 | 95.31% |
| Jun 30, 2021 | 32.14% |
| Mar 31, 2021 | 45.39% |