Highwoods Properties (HIW) Interest Expense (2009 - 2026)
Highwoods Properties (HIW) recorded Interest Expense of $40.61 million in Q3 2026, up 5.5% from $38.48 million a year earlier but down 2.6% from the prior quarter.
Highwoods Properties (HIW) Interest Expense (2009 - 2026) Analysis & Trends
On a TTM basis, Highwoods Properties' Interest Expense came in at $163.65 million as of Sep 30, 2026, up 9.1% year-over-year; for FY2025, it was $152.43 million, up 3.6% from FY2024.
- Annual Interest Expense has increased for five straight years, with a five-year compound annual growth rate of 13.5% (FY2020 to FY2025).
- Across earlier years, Interest Expense came in at $147.2 million in FY2024 (+7.7%), $136.71 million in FY2023 (+29.7%), $105.39 million in FY2022 (+22.8%) and $85.85 million in FY2021 (+6.0%).
- Quarterly Interest Expense has ranged from $24.39 million in Q1 2022 to $41.7 million in Q1 2026 over the past five years.
- On a year-over-year basis, Interest Expense has increased for 21 consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- Across the past five years, year-over-year growth in Interest Expense ran from 0.2% in Q1 2025 to 36.1% in Q2 2023.
- Per Business Quant, the preceding three quarters came in at $41.69 million (Q2 2026), $41.7 million (Q1 2026) and $39.65 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn | - |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - | 286.96 Mn |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - | 287.59 Mn |
| 4 | Public Storage | 62.14 Bn | 61.58 Bn | 112.08 Mn | - |
| 5 | Realty Income | 55.95 Bn | 57.33 Bn | - | - |
| 6 | Ventas | 47.02 Bn | 46.18 Bn | -3.39 Bn | - |
| 7 | Ryman Hospitality Properties | 46.62 Bn | 45.46 Bn | 266.41 Mn | 68.28 Mn |
| 8 | Vivmark Residential | 37.34 Bn | 37.09 Bn | - | - |
| 9 | Extra Space Storage | 33.12 Bn | 32.90 Bn | 650.96 Mn | - |
| 10 | Highwoods Properties | 3.43 Bn | 3.14 Bn | - | 40.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 40.61 Mn |
| Jun 30, 2026 | 41.69 Mn |
| Mar 31, 2026 | 41.70 Mn |
| Dec 31, 2025 | 39.65 Mn |
| Sep 30, 2025 | 38.48 Mn |
| Jun 30, 2025 | 37.67 Mn |
| Mar 31, 2025 | 36.64 Mn |
| Dec 31, 2024 | 37.27 Mn |
| Sep 30, 2024 | 37.47 Mn |
| Jun 30, 2024 | 35.90 Mn |
| Mar 31, 2024 | 36.55 Mn |
| Dec 31, 2023 | 35.30 Mn |
| Sep 30, 2023 | 34.25 Mn |
| Jun 30, 2023 | 34.06 Mn |
| Mar 31, 2023 | 33.10 Mn |
| Dec 31, 2022 | 29.57 Mn |
| Sep 30, 2022 | 26.39 Mn |
| Jun 30, 2022 | 25.03 Mn |
| Mar 31, 2022 | 24.39 Mn |
| Dec 31, 2021 | 25.10 Mn |
Highwoods Properties Interest Expense 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=interest-expense&ticker=HIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expense", "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=interest-expense&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();