OverviewSuggest Edit

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.
TypePublic
Founded1978
HQRaleigh, US
Websitehighwoods.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Dec 2018)442
Job Openings1
Revenue (FY, 2019)$736 M(+5%)
Share Price (Sept 2020)$33.3 (-5%)
Cybersecurity ratingCMore

Key People/Management at Highwoods Properties

Ed Fritsch

Ed Fritsch

President, Chief Executive Officer and Director
Ted Klinck

Ted Klinck

Executive Vice President, Chief Operating and Investment Officer
Carman Liuzzo

Carman Liuzzo

Senior Vice President, Investments
Jeff Miller

Jeff Miller

Executive Vice President, General Counsel and Secretary
Mark Mulhern

Mark Mulhern

Executive Vice President and Chief Financial Officer
Randy Roberson

Randy Roberson

Senior Vice President, Development
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Highwoods Properties Office Locations

Highwoods Properties has an office in Raleigh
Raleigh, US (HQ)
3100 Smoketree Ct #600
Show all (1)

Highwoods Properties Financials and Metrics

Highwoods Properties Revenue

Highwoods Properties's revenue was reported to be $735.98 m in FY, 2019
USD

Revenue (Q2, 2020)

183.2m

Net income (Q2, 2020)

39.0m

Market capitalization (21-Sept-2020)

3.3b

Closing stock price (21-Sept-2020)

33.3

Cash (30-Jun-2020)

4.8m
Highwoods Properties's current market capitalization is $3.3 b.
Annual
USDFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

463.3m556.8m608.5m604.7m665.6m702.7m736.0m

Revenue growth, %

9%(1%)10%

Cost of goods sold

13.1m12.4m12.6m13.1m

Gross profit

595.4m592.2m653.0m689.6m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q4, 2011Q1, 2012Q2, 2012Q3, 2012Q4, 2012Q1, 2013Q2, 2013Q3, 2013Q4, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

114.3m116.1m115.6m117.1m133.7m524.5m129.9m130.7m132.6m516.1m137.0m138.5m147.3m556.8m148.5m152.7m152.6m157.3m161.1m163.7m164.9m166.9m166.3m169.4m177.3m180.2m180.4m172.4m184.1m187.5m192.8m183.2m

Cost of goods sold

11.6m12.5m12.4m

Gross profit

512.9m503.6m544.4m

Gross profit Margin, %

98%98%98%
Annual
USDFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

72.3m131.1m116.0m101.3m541.1m191.7m177.6m141.7m

Depreciation and Amortization

135.8m182.7m196.0m216.0m220.1m227.8m230.0m254.5m

Inventories

Accounts Payable

USDQ2, 2010

Financial Leverage

2.5 x
Show all financial metrics

Highwoods Properties Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Highwoods Properties Online and Social Media Presence

Embed Graph

Highwoods Properties News and Updates

Highwoods Properties Announces CEO Succession Plan

Ed Fritsch to Retire as CEOTed Klinck Appointed SuccessorTransition Effective September 1, 2019

Highwoods Properties Frequently Asked Questions

  • When was Highwoods Properties founded?

    Highwoods Properties was founded in 1978.

  • Who are Highwoods Properties key executives?

    Highwoods Properties's key executives are Ed Fritsch, Ted Klinck and Carman Liuzzo.

  • How many employees does Highwoods Properties have?

    Highwoods Properties has 442 employees.

  • What is Highwoods Properties revenue?

    Latest Highwoods Properties annual revenue is $736 m.

  • What is Highwoods Properties revenue per employee?

    Latest Highwoods Properties revenue per employee is $1.7 m.

  • Who are Highwoods Properties competitors?

    Competitors of Highwoods Properties include Corporate Office Properties Trust, Baltic Sea Properties and The Macerich Company.

  • Where is Highwoods Properties headquarters?

    Highwoods Properties headquarters is located at 3100 Smoketree Ct #600, Raleigh.

  • Where are Highwoods Properties offices?

    Highwoods Properties has an office in Raleigh.

  • How many offices does Highwoods Properties have?

    Highwoods Properties has 1 office.