Highwoods Properties (HIW) Payout Ratio (2009 - 2026)
Highwoods Properties' Payout Ratio came in at 1.19 for Q3 2026, down 31.0% from 1.72 a year earlier and down 9.7% from the prior quarter.
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Analysis
Highwoods Properties (HIW) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Highwoods Properties' Payout Ratio was 1.38, down 35.3% from FY2024.
- Going back by year, Payout Ratio was 2.13 in FY2024 (+47.5%), 1.44 in FY2023 (+7.5%), 1.34 in FY2022 (+104.3%) and 0.66 in FY2021 (+13.7%).
- The Q3 2026 figure represents the lowest quarterly Payout Ratio since Q3 2022.
- Year-over-year, Payout Ratio increased in four of the last eight quarters, with growth averaging 7.6%.
- The fastest year-over-year change in Payout Ratio over five years came in Q4 2022 (growth of 104.3%), and the weakest in Q4 2025 (a decline of 35.3%).
- Business Quant data shows HIW's Payout Ratio at 1.32 (Q2 2026), 2.39 (Q1 2026) and 1.38 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.36 Bn | 166.43 Bn | 1.47 Bn |
| 2 | Prologis | 122.34 Bn | 120.73 Bn | - |
| 3 | Simon Property | 79.95 Bn | 78.05 Bn | - |
| 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 |
| 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 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.19 |
| Jun 30, 2026 | 1.32 |
| Mar 31, 2026 | 2.39 |
| Dec 31, 2025 | 1.38 |
| Sep 30, 2025 | 1.72 |
| Jun 30, 2025 | 1.69 |
| Mar 31, 2025 | 1.25 |
| Dec 31, 2024 | 2.13 |
| Sep 30, 2024 | 1.50 |
| Jun 30, 2024 | 1.42 |
| Mar 31, 2024 | 1.64 |
| Dec 31, 2023 | 1.44 |
| Sep 30, 2023 | 1.55 |
| Jun 30, 2023 | 1.39 |
| Mar 31, 2023 | 1.31 |
| Dec 31, 2022 | 1.34 |
| Sep 30, 2022 | 0.83 |
| Jun 30, 2022 | 0.73 |
| Mar 31, 2022 | 0.70 |
| Dec 31, 2021 | 0.66 |
API Access
Highwoods Properties Payout Ratio 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=payout-ratio&ticker=HIW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=HIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();