Highwoods Properties, Inc. (HIW) vs Piedmont Realty Trust, Inc. (PDM)
Highwoods Properties, Inc. and Piedmont Realty Trust, Inc. are both Reit Office companies. Highwoods Properties, Inc. is the larger, with a market value of $3.3B against $1.2B — 2.9× the size. Piedmont Realty Trust, Inc. has negative trailing earnings, so its P/E is not meaningful; Highwoods Properties, Inc. trades at 19.8×. Highwoods Properties, Inc. grew revenue faster over the last twelve months: 3.05% against 0.70%. Highwoods Properties, Inc. has the higher net margin (19.9% vs −14.2%) and the higher return on invested capital (2.17% vs 1.29%). Both pay a dividend; Highwoods Properties, Inc. yields more (8.33% vs 7.65%). Across the 21 metrics below, Highwoods Properties, Inc. leads on 14 and Piedmont Realty Trust, Inc. on 7.
Valuation
Profitability
| Metric | HIW | PDM | Reit Office median |
|---|---|---|---|
| Gross margin | 67.21% | 60.02% | 60.53% |
| Operating margin | 24.71% | 13.46% | 16.84% |
| Net margin | 19.91% | (14.18%) | (8.23%) |
| Free cash flow margin | (12.92%) | 5.56% | 16.39% |
| Return on equity | 6.77% | (5.34%) | (2.66%) |
| Return on assets | 2.66% | (2.01%) | (0.95%) |
| Return on invested capital | 2.17% | 1.29% | 1.32% |
Growth
Health
Dividend
Size
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