HIW · XBRL financial data

Highwoods Properties financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (HIW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	737	768	829	834	826	806
General and administrative	41	41	42	43	42	40
Total operating expenses	516	536	626	611	638	605
Operating income (loss)	505	532	569	565	554	545
Interest expense	81	86	105	137	147	152
Other income (expense)	(2)	1	2	4	12	10
Earnings per share, basic USD per share	3.32	2.98	1.49	1.39	0.94	1.45
Earnings per share, diluted USD per share	3.32	2.98	1.49	1.39	0.94	1.45
Weighted average shares, basic millions of shares	104	104	105	106	106	108
Weighted average shares, diluted millions of shares	107	107	108	108	108	111

Fiscal years (HIW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	109	23	21	25	22	27
Total assets	5,209	5,695	6,063	6,003	6,029	6,274
Total liabilities	2,739	3,084	3,498	3,515	3,598	3,838
Accumulated deficit	(686)	(580)	(633)	(698)	(811)	(870)
Total stockholders' equity	2,336	2,477	2,477	2,433	2,361	2,379
Total liabilities and equity	5,209	5,695	6,063	6,003	6,029	6,274
Common shares outstanding (cover page) millions of shares	104	105	105	106	108	110

Fiscal years (HIW's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Stock-based compensation	6	9	8	7	8	8
Net cash from operating activities	358	415	422	387	404	359
Net cash from investing activities	111	(288)	(615)	(170)	(302)	(441)
Proceeds from issuing common stock	4	24	8	2	54	63
Dividends paid	199	204	210	211	212	217
Proceeds from long-term debt	398	200	550	590	0	380
Repayments of long-term debt	252	354	456	207	7	39
Net cash from financing activities	(294)	(285)	188	(205)	(99)	91
Net change in cash	175	(158)	(5)	12	2	9

SIC 6798 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 6798 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Highwoods Properties	279	218	not reported	110.3M	Q3 FY26 10-QSep 30, 2026
HA Sustainable Infrastructure Capital	250	121	68*	128.5M	Q2 FY26 10-QJun 30, 2026
Tanger	177	156	93*	114.9M	Q2 FY26 10-QJun 30, 2026
Blackstone Mortgage Trust	512	not reported	(18)*	166.0M	Q3 FY26 10-QSep 30, 2026
Rayonier	412	396	not reported	297.6M	Q2 FY26 10-QJun 30, 2026
Lineage	58	1,361	311*	227.7M	Q2 FY26 10-QJun 30, 2026
Broadstone Net Lease	12	122	88*	192.0M	Q3 FY26 10-QSep 30, 2026
Dolby Laboratories	669	305	167*	not reported	Q3 FY26 10-QJun 26, 2026
Empire State Realty OP	86	197	20*	not reported	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.