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

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
Mike Starchville

Mike Starchville

Senior Vice President, Asset Management
Brendan Maiorana

Brendan Maiorana

Senior Vice President, Finance & Investor Relations

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 Financials and Metrics

Highwoods Properties Financials

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

Net income (Q3, 2017)

59.5 m

Market capitalization (22-Dec-2017)

5.3 b

Cash (30-Sep-2017)

4.9 m
Highwoods Properties's current market capitalization is $5.3 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cost of goods sold

22 m21.5 m20.7 m19.5 m18.6 m17.9 m16.2 m17.2 m

General and administrative expense

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

Operating expense total

117.4 m123.6 m122.2 m121.2 m121.4 m125 m123.7 m128.9 m

Net Income

56.1 m13.6 m24.5 m54.3 m20.8 m26.9 m31.6 m446.7 m33.5 m33.8 m33.5 m39.6 m59.5 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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

31.7 m13.3 m18.7 m11.6 m11.4 m4.9 m5.2 m3.3 m2.4 m6.4 m4.9 m13.3 m4.9 m

Total Assets

3.9 b3.8 b3.9 b3.9 b4 b4 b4.5 b4.5 b4.6 b4.5 b4.5 b4.6 b4.6 b

Total Liabilities

2.3 b2.2 b2.3 b2.3 b2.3 b2.3 b2.7 b2.3 b2.3 b2.2 b2.2 b2.2 b2.2 b

Additional Paid-in Capital

2.4 b2.4 b2.4 b2.4 b2.5 b2.5 b2.6 b2.7 b2.7 b2.8 b2.9 b2.9 b2.9 b
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
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

99.4 m13.6 m38.1 m92.4 m20.8 m47.7 m79.3 m446.7 m480.3 m514.1 m33.5 m73 m132.6 m

Depreciation and Amortization

133.6 m48.2 m98.6 m146.9 m50.3 m101.5 m156.2 m53.5 m108.8 m161.7 m56.1 m112 m168.9 m

Accounts Receivable

(508 k)713 k1.5 m(1.8 m)3.2 m1.7 m1.7 m601 k(181 k)4.8 m3.9 m4.4 m916 k

Cash From Operating Activities

186.5 m31.4 m114.5 m183.7 m33.1 m122.3 m209.4 m48.2 m137.8 m232.4 m68.9 m172.1 m270.2 m
Y, 2017

Financial Leverage

2.1 x
Show all financial metrics

Highwoods Properties Market Value History

Highwoods Properties's Web-traffic and Trends

Highwoods Properties Online and Social Media Presence

Highwoods Properties Company Life and Culture

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