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

Highwoods Properties has disclosed FCF Margin across 17 years of filings, most recently posting 46.14% for Q4 2025.

• In Q4 2025, FCF Margin fell 7389.0% year-over-year to 46.14%; the TTM figure through Dec 2025 stood at 10.21% (down 5292.0% YoY), while the FY2025 annual figure was 10.21%, down 5292.0% from the prior year.
• FCF Margin came in at 46.14% for Q4 2025 at Highwoods Properties, down from 6.7% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 62.7% in Q2 2024 to a low of 53.19% in Q3 2021.
• Average FCF Margin over 5 years is 22.72%, with a median of 34.47% recorded in 2021.
• Year-over-year, FCF Margin tumbled 8715 bps in 2021 and surged 8476 bps in 2023.
• Over 5 years, FCF Margin stood at 34.55% in 2021, then jumped by 39 bps to 48.13% in 2022, then declined by 4 bps to 45.98% in 2023, then sank by 40 bps to 27.75% in 2024, then plunged by 266 bps to 46.14% in 2025.
• Per Business Quant data, the three most recent FCF Margin figures were 46.14% in Q4 2025, 6.7% in Q3 2025, and 58.09% in Q2 2025.