Highwoods Properties (HIW) stock price, revenue, and financials

Highwoods Properties market cap is $4.7 b, and annual revenue was $736.9 m in FY 2020

$4.7 B

HIW Mkt cap, 31-Dec-2021

$183.8 M

Highwoods Properties Revenue Q1, 2021
Highwoods Properties Net income (Q1, 2021)56.9 M
Highwoods Properties EBIT (Q1, 2021)127.6 M
Highwoods Properties Cash, 31-Mar-202149.3 M
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Highwoods Properties Income Statement

Annual

USDFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

463.3m556.8m608.5m604.7m665.6m702.7m736.0m736.9m

Revenue growth, %

9%(1%)10%

Cost of goods sold

13.1m12.4m12.6m13.1m

Gross profit

595.4m592.2m653.0m689.6m

Gross profit Margin, %

98%98%98%98%

General and administrative expense

32.9m36.2m37.6m38.2m39.6m40.0m44.1m41.0m

Operating expense total

32.9m487.3m512.9m537.6m506.7m40.0m44.1m41.0m

Depreciation and amortization

196.0m201.9m220.1m227.8m230.0m254.5m241.6m

EBIT

61.5m353.5m108.1m79.3m115.5m182.9m169.3m

EBIT margin, %

13%63%18%13%17%26%

Interest expense

93.4m85.9m86.1m76.6m69.1m71.4m81.6m81.0m

Interest income

6.4m5.4m2.0m2.3m2.3m1.9m

Investment income

3.8m1.8m5.1m5.8m7.4m2.2m3.3m4.0m

Pre tax profit

42.5m69.4m64.8m101.9m130.1m137.8m

Net Income

72.3m131.1m116.0m101.3m541.1m191.7m177.6m141.7m357.9m

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, 2020Q3, 2020Q1, 2021

Revenue

114.3m116.1m115.6m117.1m133.7m524.5m129.9m130.7m132.6m516.1m137.0m138.5m147.3m556.8m148.5m152.7m152.6m157.3m161.1m163.7m164.9m166.9m166.3m169.4m177.3m180.2m180.4m172.4m184.1m187.5m192.8m183.2m181.0m183.8m

Cost of goods sold

11.6m12.5m12.4m

Gross profit

512.9m503.6m544.4m

Gross profit Margin, %

98%98%98%

General and administrative expense

7.0m8.9m7.8m8.0m12.2m35.7m9.7m8.9m9.7m37.4m10.6m8.4m9.0m37.2m10.7m8.7m7.5m11.4m8.9m9.2m11.1m8.3m9.9m11.5m9.1m9.2m11.8m9.5m9.6m12.4m9.6m11.7m10.9m10.1m9.2m10.0m

Operating expense total

7.0m8.9m7.8m8.0m12.2m206.2m9.7m8.9m9.7m174.9m10.6m8.4m9.0m487.3m10.7m8.7m7.5m11.4m8.9m9.2m11.1m8.3m9.9m11.5m9.1m9.2m11.8m9.5m9.6m12.4m9.6m11.7m10.9m10.1m9.2m10.0m

Depreciation and amortization

48.1m177.0m48.2m50.4m48.3m50.3m51.2m54.7m53.5m55.3m52.9m56.1m55.8m57.0m57.6m56.7m57.7m69.2m59.5m60.9m61.2m59.5m60.3m

EBIT

36.3m6.9m10.1m75.9m76.1m306.7m83.8m83.6m81.0m328.7m88.1m88.9m15.7m57.1m11.8m22.7m51.7m19.3m25.2m29.7m26.5m31.6m32.0m31.7m37.6m57.0m127.6m

EBIT margin, %

32%6%9%65%57%58%65%64%61%64%64%64%11%10%8%15%34%12%16%18%16%19%19%19%21%32%69%

Interest expense

22.9m23.3m23.5m23.9m24.4m96.0m24.8m24.5m23.6m96.1m23.9m23.3m23.7m92.7m21.4m21.2m22.3m21.4m22.0m21.5m20.7m19.5m18.6m17.9m16.2m17.2m18.4m17.9m17.4m18.7m20.4m20.5m21.3m19.8m19.9m19.8m

Interest income

966.0k1.7m1.9m1.9m1.5m7.4m2.2m1.7m1.9m7.4m1.8m1.6m1.6m6.6m1.4m1.4m1.1m1.2m1.2m1.0m517.0k534.0k833.0k684.0k564.0k558.0k455.0k462.0k818.0k

Investment income

888.0k1.0m1.5m1.4m1.1m4.9m(162.0k)1.5m1.3m5.0m436.0k913.0k(3.2m)2.3m(29.0k)667.0k248.0k1.8m1.8m780.0k1.3m917.0k2.8m955.0k755.0k5.0m522.0k546.0k573.0k664.0k765.0k940.0k963.0k1.2m823.0k637.0k

Pre tax profit

13.7m7.7m10.9m12.5m2.2m36.9m13.2m10.7m10.9m45.2m12.7m15.4m12.7m53.0m13.2m17.9m17.8m17.9m22.7m19.7m22.5m26.8m27.1m27.2m38.8m34.7m33.7m35.5m34.4m

Income tax expense

100.0k

Net Income

40.0m8.8m12.4m14.4m8.2m48.0m18.3m14.5m35.8m84.2m13.8m29.6m56.1m131.1m13.6m24.5m54.3m20.8m26.9m31.6m446.7m33.5m33.8m33.5m39.6m59.5m34.2m53.0m35.0m8.4m41.4m29.6m191.3m39.0m42.3m56.9m

Highwoods Properties Balance Sheet

Annual

USDFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

14.2m10.2m8.8m5.0m49.5m3.3m3.8m9.5m109.3m

Accounts Receivable

20.7m48.6m29.1m24.4m26.0m23.4m27.5m

Prepaid Expenses

40.2m39.5m24.6m28.6m28.8m59.0m62.9m

Inventories

Total Assets

2.9b3.8b4.0b4.5b4.6b4.6b4.7b5.1b5.2b

Accounts Payable

1.6m

Short-term debt

112.8m123.7m143.5m149.3m146.1m

Long-term debt

Total Debt

112.8m143.5m149.3m146.1m

Total Liabilities

1.7b2.3b2.7b2.3b2.2b2.3b2.8b2.7b

Common Stock

717.0k929.0k961.0k1.0m1.0m1.0m1.0m

Preferred Stock

29.1m29.1m28.9m28.9m28.9m28.8m

Additional Paid-in Capital

1.8b2.4b2.5b2.6b2.9b2.9b3.0b3.0b3.0b

Retained Earnings

(761.8m)(966.1m)(1.0b)(747.3m)(769.3m)(831.8m)(686.2m)

Total Equity

1.1b1.5b1.5b1.6b2.1b2.2b2.3b2.2b2.4b

Debt to Equity Ratio

0.1 x0.1 x0.1 x

Debt to Assets Ratio

0 x0 x0 x

Financial Leverage

2.6 x2.5 x2.6 x2.8 x2.1 x2.1 x2.1 x2.4 x2.2 x

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, 2020Q3, 2020Q1, 2021

Cash

35.8m21.0m30.8m9.2m11.1m11.2m12.2m6.5m9.1m13.8m12.2m10.1m31.7m10.2m13.3m18.7m11.6m11.4m4.9m5.2m3.3m2.4m6.4m4.9m13.3m4.9m31.0m4.2m5.3m4.8m4.5m116.7m12.7m4.8m118.7m49.3m

Accounts Receivable

20.4m22.4m21.9m23.0m23.4m30.1m27.2m21.9m21.1m23.1m25.1m25.3m30.8m26.4m24.7m28.0m30.0m28.4m27.0m27.6m25.9m26.7m26.8m15.8m15.7m18.0m22.9m19.4m24.2m30.6m37.7m25.5m26.3m29.9m26.0m23.2m

Prepaid Expenses

39.7m39.8m36.6m36.6m38.9m36.9m43.0m41.9m40.5m44.5m42.0m42.0m42.7m39.6m45.2m45.5m42.6m46.3m43.6m43.5m39.7m40.0m28.6m41.4m34.9m30.1m37.3m37.7m34.5m66.3m63.5m108.0m66.9m67.9m63.7m72.8m

Total Assets

2.9b2.9b2.9b2.9b3.2b3.2b3.2b3.1b3.2b3.4b3.4b3.5b3.9b3.8b3.8b3.9b3.9b4.0b4.0b4.5b4.5b4.6b4.5b4.5b4.6b4.6b4.7b4.7b4.7b4.7b4.7b4.9b5.1b5.1b5.2b5.2b

Short-term debt

62.5m61.0m63.2m67.7m70.6m73.6m77.4m82.5m85.5m90.2m92.2m100.6m102.4m108.9m115.3m119.4m123.5m122.6m129.3m136.3m142.1m147.7m145.8m146.9m144.6m147.6m149.9m152.3m148.0m

Total Debt

62.5m61.0m63.2m67.7m70.6m73.6m77.4m82.5m85.5m90.2m92.2m100.6m102.4m108.9m115.3m119.4m123.5m122.6m129.3m136.3m142.1m147.7m145.8m146.9m144.6m147.6m149.9m152.3m148.0m

Total Liabilities

1.6b1.6b1.7b1.8b2.1b2.1b2.1b2.0b2.0b2.1b2.1b2.1b2.3b2.2b2.2b2.3b2.3b2.3b2.3b2.7b2.3b2.3b2.2b2.2b2.2b2.2b2.3b2.3b2.3b2.4b2.4b2.6b2.7b2.6b2.8b2.7b

Common Stock

716.0k717.0k721.0k724.0k726.0k726.0k736.0k756.0k785.0k803.0k821.0k840.0k899.0k899.0k901.0k904.0k913.0k940.0k941.0k953.0k974.0k986.0k1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m

Preferred Stock

29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.1m29.0m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.9m28.8m28.8m28.8m

Additional Paid-in Capital

1.8b1.8b1.8b1.8b1.8b1.8b1.8b1.9b2.0b2.0b2.1b2.2b2.4b2.4b2.4b2.4b2.4b2.5b2.5b2.6b2.7b2.7b2.8b2.9b2.9b2.9b3.0b2.9b2.9b3.0b3.0b3.0b3.0b3.0b3.0b3.0b

Retained Earnings

(716.8m)(740.4m)(782.1m)(802.6m)(826.4m)(845.9m)(860.1m)(879.0m)(878.0m)(897.4m)(919.3m)(927.1m)(911.9m)(920.4m)(946.5m)(962.2m)(948.9m)(986.4m)(992.4m)(1.0b)(631.2m)(641.0m)(651.0m)(762.7m)(770.1m)(758.5m)(762.6m)(759.8m)(774.5m)(811.2m)(821.1m)(842.4m)(696.1m)(708.9m)(718.5m)(681.6m)

Total Equity

1.1b1.1b1.1b1.0b1.0b986.9m988.6m1.0b1.1b1.2b1.2b1.3b1.5b1.5b1.5b1.5b1.5b1.6b1.6b1.6b2.1b2.1b2.2b2.2b2.2b2.2b2.3b2.2b2.2b2.2b2.2b2.2b2.4b2.3b2.3b2.4b

Debt to Equity Ratio

0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x0.1 x

Debt to Assets Ratio

0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x0 x

Financial Leverage

2.5 x2.6 x2.7 x2.9 x3.1 x3.2 x3.2 x3.1 x2.8 x2.9 x2.9 x2.8 x2.6 x2.5 x2.6 x2.7 x2.6 x2.6 x2.6 x2.8 x2.2 x2.2 x2.1 x2.1 x2.1 x2.1 x2.1 x2.1 x2.1 x2.1 x2.1 x2.3 x2.2 x2.2 x2.2 x2.2 x

Highwoods Properties Cash Flow

Annual

USDFY, 2010FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

72.3m131.1m116.0m101.3m541.1m191.7m177.6m141.7m357.9m

Depreciation and Amortization

135.8m182.7m196.0m216.0m220.1m227.8m230.0m254.5m241.6m

Accounts Receivable

3.3m(920.0k)(3.1m)1.4m3.4m(5.0m)1.8m(3.3m)437.0k

Inventories

Accounts Payable

Cash From Operating Activities

190.5m256.4m266.9m288.9m305.8m352.5m358.6m365.8m358.2m

Purchases of PP&E

(2.4m)

Cash From Investing Activities

(78.2m)(356.6m)(328.2m)(654.2m)203.9m(256.2m)(306.7m)(607.4m)110.7m

Short-term Borrowings

(7.5m)(513.6m)(386.3m)(586.6m)(535.3m)(501.9m)(565.6m)(350.0m)

Long-term Borrowings

(27.0m)(174.3m)(156.1m)(396.0m)(832.6m)(211.8m)(326.9m)(252.0m)

Dividends Paid

121.6m(154.2m)(160.3m)(166.9m)(180.8m)(191.3m)(196.9m)(199.3m)

Cash From Financing Activities

(121.9m)96.6m59.9m361.5m(465.2m)(142.5m)(130.1m)246.2m(294.3m)

Net Change in Cash

(9.5m)(1.4m)(3.8m)44.5m(46.2m)(78.2m)4.6m174.5m

Interest Paid

86.4m83.1m82.2m72.8m68.2m67.2m72.0m72.4m

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, 2020Q3, 2020Q1, 2021

Net Income

52.1m60.9m12.4m26.9m35.1m48.0m18.3m32.8m68.6m84.2m13.8m43.3m99.4m131.1m13.6m38.1m92.4m20.8m47.7m79.3m446.7m480.3m514.1m33.5m73.0m132.6m34.2m87.2m122.3m8.4m49.8m79.3m191.3m230.3m272.6m56.9m

Depreciation and Amortization

66.1m100.4m33.8m67.1m103.5m143.0m38.4m78.1m115.8m156.3m42.1m84.2m133.6m182.7m48.2m98.6m146.9m50.3m101.5m156.2m53.5m108.8m161.7m56.1m112.0m168.9m57.6m114.3m171.9m69.2m128.7m189.5m61.2m120.6m180.9m60.9m

Accounts Receivable

1.4m4.7m993.0k1.8m3.5m(8.5m)2.5m7.3m5.3m3.1m(1.5m)2.3m(508.0k)(920.0k)713.0k1.5m(1.8m)3.2m1.7m1.7m601.0k(181.0k)4.8m3.9m4.4m916.0k3.3m4.5m4.8m(2.6m)(5.5m)(3.6m)824.0k(1.0m)(206.0k)6.7m

Cash From Operating Activities

100.0m142.7m28.5m87.6m136.1m195.4m22.1m93.3m138.0m193.4m42.1m116.9m186.5m256.4m31.4m114.6m183.7m33.1m122.3m209.4m48.2m137.8m232.4m68.9m172.1m270.2m78.5m184.0m293.0m62.7m173.3m286.3m63.6m180.2m275.5m83.0m

Purchases of PP&E

(55.0k)(2.4m)(2.4m)

Cash From Investing Activities

(15.7m)(37.5m)(14.2m)(78.9m)(180.1m)(215.5m)(12.9m)(39.0m)(94.7m)(238.8m)(99.3m)(240.7m)(401.6m)(356.6m)(44.3m)(133.1m)(159.2m)(47.1m)(116.8m)(564.1m)333.8m253.8m305.1m(83.7m)(156.6m)(176.6m)(145.6m)(201.8m)(290.9m)(81.5m)(138.8m)(250.3m)231.1m129.7m80.4m(154.9m)

Short-term Borrowings

(4.0m)(4.0m)(35.0m)(79.3m)(150.4m)(193.8m)(282.0m)(392.8m)(492.8m)(863.1m)(61.4m)(233.9m)(511.9m)(644.3m)(36.8m)(360.8m)(443.4m)(91.9m)(233.9m)(337.9m)(107.4m)(169.8m)(528.8m)(69.3m)(314.3m)(420.3m)(277.0m)(360.4m)(397.4m)(145.3m)(215.4m)(460.6m)(244.0m)(336.0m)(350.0m)

Long-term Borrowings

(5.5m)(18.2m)(140.5m)(153.5m)(156.6m)(344.2m)(3.1m)(19.4m)(77.3m)(219.5m)(37.2m)(39.6m)(157.0m)(259.2m)(2.2m)(134.6m)(172.8m)(1.2m)(41.9m)(43.1m)(350.5m)(394.7m)(395.5m)(380.3m)(506.7m)(507.1m)(444.0k)(200.9m)(211.3m)(225.5m)(225.9m)(326.4m)(481.0k)(967.0k)(251.5m)(501.0k)

Dividends Paid

60.8m91.2m30.4m(61.1m)(91.9m)(122.7m)(31.0m)(62.8m)(95.1m)(128.7m)(34.3m)(69.6m)(107.7m)(146.0m)(38.2m)(940.0k)(115.0m)(39.6m)(79.5m)(119.7m)(40.9m)(82.3m)(124.2m)(44.9m)(90.0m)(135.4m)(47.7m)(95.6m)(143.4m)(49.2m)(98.4m)(147.7m)(49.7m)(99.6m)(149.5m)(49.8m)

Cash From Financing Activities

(72.3m)(107.9m)2.4m(13.6m)40.9m17.1m(8.1m)(59.0m)(45.4m)48.0m55.5m120.1m233.0m96.6m16.0m27.0m(23.1m)16.6m(9.4m)351.0m(383.8m)(394.2m)(536.1m)(29.8m)(51.6m)(138.3m)46.6m(60.5m)(78.1m)21.1m(31.1m)76.9m(185.4m)(311.0m)(242.3m)(58.9m)

Net Change in Cash

12.1m(2.7m)16.6m(5.0m)(3.1m)(3.0m)1.0m(4.7m)(2.1m)2.6m(1.6m)(3.7m)17.9m(3.6m)3.2m8.5m1.4m2.5m(3.9m)(3.6m)(1.7m)(2.6m)1.4m(44.6m)(36.1m)(44.6m)(20.5m)(78.4m)(76.1m)2.3m3.4m112.9m109.3m(1.0m)113.5m(130.9m)

Interest Paid

43.2m66.4m23.6m44.9m69.3m90.8m26.0m48.1m72.8m93.5m21.9m40.5m67.8m85.9m25.1m41.5m63.3m21.5m40.5m62.7m21.0m38.2m58.1m18.9m34.9m50.0m16.0m33.3m56.8m23.9m33.4m55.6m25.3m38.4m63.1m27.6m

Highwoods Properties Ratios

USDQ2, 2010

Financial Leverage

2.5 x

Highwoods Properties Employee Rating

3.732 votes
Culture & Values
3.7
Work/Life Balance
3.8
Senior Management
3.6
Salary & Benefits
3.7
Career Opportunities
3.1
Source