Pricing Log in Create free account
Saturday 7 November 2026 Export HIW’s income statement to Excel — free account

Highwoods Properties, Inc.

HIW Real Estate Reit Office

Highwoods Properties, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $806.1 million, down 2.39% from fiscal 2024.

Revenue
+8.13%
EPS
+157.4%
Free cash flow
+289.7%
Total debt
+3.15%

Quarter to September 2026, against a year earlier

31.46 0.26 −0.82%
Market cap
$3.5B
P/E
18.4×
Fwd P/E
18.1×
Dividend yield
6.36%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Highwoods Properties, Inc. (HIW) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, Highwoods Properties, Inc. (HIW) trades at a P/E ratio of 18.4×. Over the past ten years it has ranged from 8.6× (May 2016) to 47.9× (March 2016); the current reading is higher than 40% of that period. That is below the Reit Office industry median of 28.3× and below the Real Estate sector median of 23.7×.

P/E ratio, daily

Embed this chart

Annual newest first

Period P/E ratio Change
FY2025 17.7× (45.19%)
FY2024 32.3× 92.31%
FY2023 16.8× (11.64%)
FY2022 19.0× 26.46%
FY2021 15.0× 26.15%
FY2020 11.9× (68.37%)
FY2019 37.6× 58.51%
FY2018 23.7× (16.80%)
FY2017 28.5× 198.83%
FY2016 9.5× (78.10%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 17.0× (14.42%)
Jun 2026 19.8× (22.15%)
Mar 2026 25.5× 44.12%
Dec 2025 17.7× (35.10%)
43 more quarters

Against its own ten years

Low 8.6× High 47.9×
Ten-year median 21.4×
Current reading's percentile 44

P/E ratio against peers

Company P/E ratio
DEI Douglas Emmett, Inc. compare n/m
SLG SL Green Realty Corporation compare n/m
VNO Vornado Realty Trust compare n/m
ARE Alexandria Real Estate Equities, Inc. compare n/m
PDM Piedmont Realty Trust, Inc. compare n/m
HIW Highwoods Properties, Inc. 18.4×
CDP COPT Defense Properties compare 22.1×
KRC Kilroy Realty Corporation compare 149×
CUZ Cousins Properties Incorporated compare 317×
Reit Office industry median 28.3×
Real Estate sector median 23.7×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

More on HIW