Highwoods Properties (HIW) FCF Margin (2009 - 2026)
Highwoods Properties' FCF Margin came in at 11.17% for Q3 2026, up 46.97 percentage points from -35.81% a year earlier but down 17.58 percentage points from the prior quarter.
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Analysis
Highwoods Properties (HIW) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Highwoods Properties reported FCF Margin of -42.99%, down 26.58 percentage points year-over-year; for FY2025, it came in at -35.60%, down 55.43 percentage points from FY2024.
- FCF Margin carries a five-year change of -34.93 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 19.83% in FY2024 (+0.89 pp), 18.94% in FY2023 (+24.33 pp), -5.39% in FY2022 (+9.02 pp) and -14.41% in FY2021 (-13.73 pp).
- The five-year range for quarterly FCF Margin is -138.80% (Q1 2026) to 41.02% (Q2 2024).
- Year-over-year, FCF Margin increased in 1 of the last eight quarters, with an average year-over-year change of -34.51 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q3 2023 (a gain of 93.54 percentage points), and the weakest in Q1 2025 (a drop of 78.84 percentage points).
- Business Quant data shows HIW's FCF Margin at 28.75% (Q2 2026), -138.80% (Q1 2026) and -76.58% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | -78.67% |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 8.67% |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 45.30% |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | 61.86% |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | -70.50% |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | -44.56% |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 10.98% |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | -58.77% |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | 42.53% |
| 10 | Highwoods Properties | 3.43 Bn | 3.14 Bn | - | 11.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.17% |
| 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% |
API Access
Highwoods Properties 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_KEYimport 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();