Highwoods Properties

Highwoods Properties, headquartered in Raleigh, North Carolina, is a publicly traded (NYSE:HIW) real estate investment trust (“REIT”) and a member of the S&P MidCap 400 Index. The Company is a fully-integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Kansas City, Memphis, Nashville, Orlando, Pittsburgh, Raleigh, Richmond, Tampa and the Triad. Highwoods is driven by a culture that honors integrity, fosters hard work, rewards creativity and builds team spirit. We are excited about our future and are confident that our Strategic Plan provides the best framework for the long-term future growth and stability of our Company.
Company Growth (employees)
Type
Public
HQ
Raleigh, US
Founded
1978
Size (employees)
438 (est)
Highwoods Properties was founded in 1978 and is headquartered in Raleigh, US

Highwoods Properties Office Locations

Highwoods Properties has offices in Raleigh, Fort Lauderdale, Tampa, Nashville and in 6 other locations
Raleigh, US (HQ)
600 3100 Smoketree Ct
Show all (10)

Highwoods Properties Data and Metrics

Highwoods Properties Financial Metrics

Highwoods Properties's revenue was reported to be $665.6 m in FY, 2016
USD

Net income (Q1, 2017)

33.5 m

Market capitalization (18-Aug-2017)

5.4 b

Cash (31-Mar-2017)

4.9 m
Highwoods Properties's current market capitalization is $5.4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

556.8 m608.5 m604.7 m665.6 m

Revenue growth, %

9%(1%)10%

Cost of goods sold

76.6 m

Gross profit

589 m

Gross profit Margin, %

88%

General and administrative expense

38.2 m

Operating expense total

38.2 m

EBIT

353.5 m383 m388.7 m

EBIT margin, %

63%63%64%

Net Income

131.1 m116 m101.3 m541.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cost of goods sold

22 m21.5 m20.7 m19.5 m18.6 m17.9 m

General and administrative expense

8.9 m9.2 m11.1 m8.3 m9.9 m11.5 m

Operating expense total

8.9 m9.2 m11.1 m8.3 m9.9 m11.5 m

Net Income

38.1 m92.4 m20.8 m47.7 m79.3 m446.7 m480.3 m514.1 m33.5 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

10.2 m8.8 m5 m49.5 m

Total Assets

3.8 b4 b4.5 b4.6 b

Accounts Payable

1.6 m

Total Liabilities

2.3 b

Additional Paid-in Capital

2.4 b2.5 b2.6 b2.9 b

Total Equity

1.5 b1.6 b2.1 b

Financial Leverage

2.5 x2.8 x2.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

18.7 m11.6 m11.4 m4.9 m5.2 m3.3 m2.4 m6.4 m4.9 m

Total Assets

3.9 b3.9 b4 b4 b4.5 b4.5 b4.6 b4.5 b4.5 b

Additional Paid-in Capital

2.4 b2.4 b2.5 b2.5 b2.6 b2.7 b2.7 b2.8 b2.9 b

Total Equity

1.5 b1.6 b1.6 b2 b2.1 b2.2 b2.1 b

Financial Leverage

2.7 x2.6 x2.8 x2.2 x2.2 x2.1 x2.1 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

131.1 m116 m101.3 m541.1 m

Depreciation and Amortization

182.7 m196 m216 m220.1 m

Accounts Receivable

(920 k)(3.1 m)1.4 m3.4 m

Cash From Operating Activities

256.4 m266.9 m288.9 m305.8 m

Cash From Investing Activities

(356.6 m)(328.2 m)(654.2 m)203.9 m

Cash From Financing Activities

96.6 m59.9 m361.5 m(465.2 m)
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

38.1 m92.4 m20.8 m47.7 m79.3 m446.7 m480.3 m514.1 m33.5 m

Depreciation and Amortization

98.6 m146.9 m50.3 m101.5 m156.2 m53.5 m108.8 m161.7 m56.1 m

Accounts Receivable

1.5 m(1.8 m)3.2 m1.7 m1.7 m601 k(181 k)4.8 m3.9 m

Cash From Operating Activities

114.5 m183.7 m33.1 m122.3 m209.4 m48.2 m137.8 m232.4 m68.9 m

Cash From Investing Activities

(133.1 m)(159.2 m)(47.1 m)(116.8 m)(564.1 m)333.8 m253.8 m305.1 m(83.7 m)

Cash From Financing Activities

27.1 m(23.1 m)16.6 m(9.4 m)351 m(383.8 m)(394.2 m)(536.1 m)(29.8 m)
Y, 2017

Financial Leverage

2.1 x

Highwoods Properties Market Value History

Traffic Overview of Highwoods Properties

Highwoods Properties Online and Social Media Presence

Highwoods Properties Company Life and Culture

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