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Saturday 17 October 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. In the quarter to June 2026, revenue grew 7.87%, EPS grew 400.0%, free cash flow grew 364.5% and total debt rose 5.43%, each against the same quarter a year earlier. Dividend growth for five consecutive years.

29.34 0.13 +0.45%
Market cap
$3.2B
P/E
19.3×
Fwd P/E
31.1×
Dividend yield
6.82%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

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

Alert me on P/E ratio

As of 16 October 2026, Highwoods Properties, Inc. (HIW) trades at a P/E ratio of 19.3×. Over the past ten years it has ranged from 8.6× (May 2016) to 47.9× (March 2016); the current reading is higher than 41% of that period. That is below the Reit Office industry median of 36.3× and below the Real Estate sector median of 21.6×.

P/E ratio, daily

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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
Jun 2026 19.8× (22.15%)
Mar 2026 25.5× 44.12%
Dec 2025 17.7× (35.10%)
Sep 2025 27.2× 4.10%
42 more quarters

Against its own ten years

Low 8.6× High 47.9×
Ten-year median 21.5×
Current reading's percentile 45

P/E ratio against peers

Company P/E ratio
DEI Douglas Emmett, Inc. compare n/m
SLG SL Green Realty Corporation compare n/m
ARE Alexandria Real Estate Equities, Inc. compare n/m
PDM Piedmont Realty Trust, Inc. compare n/m
HIW Highwoods Properties, Inc. 19.3×
CDP COPT Defense Properties compare 23.1×
KRC Kilroy Realty Corporation compare 24.4×
CUZ Cousins Properties Incorporated compare 691×
VNO Vornado Realty Trust compare 1,642×
Reit Office industry median 36.3×
Real Estate sector median 21.6×
Market median 18.1×

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 →

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