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HIGHWOODS PROPERTIES, INC. (HIW)

For the quarter ending 2025-06-30, HIW made $200,600K in revenue. $18,270K in net income. Net profit margin of 9.11%.

Overview

Revenue
$200,600K
Net Income
$18,270K
Net Profit Margin
9.11%
EPS
$0.17
Unit: Thousand (K) dollars
Revenue Breakdown
    • Raleigh NC
    • Nashville TN
    • Atlanta GA
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-30
2024-09-30
Rental and other revenues200,600 204,323
Other income4,629 1,872
Rental property and other expenses63,655 65,706
General and administrative10,319 9,898
Depreciation and amortization74,679 79,116
Total operating expenses148,653 154,720
Interest expense37,665 37,472
Equity in earnings of unconsolidated affiliates310 1,116
Gains on disposition of property- 350
Net income19,221 15,469
Dividends on preferred stock586 622
Net (income) attributable to noncontrolling interests in the operating partnership365 297
Net loss attributable to noncontrolling interests in consolidated affiliates- -8
Net income available for common stockholders18,270 14,558
Net income available for common stockholders (in dollars per share)0.17 0.14
Net income available for common stockholders (in dollars per share)0.17 0.14
Weighted average common shares outstanding - basic (in shares)107,825,000 106,010,000
Weighted average common shares outstanding - diluted (in shares)109,976,000 108,161,000
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Atlanta GA$36,299K Charlotte NC$21,910K Nashville TN$39,653K Orlando FL$14,544K Raleigh NC$44,815K Richmond VA$9,318K Tampa FL$21,174K Total ReportableSegment$187,713K Corporate And Other$12,887K Equity in earnings ofunconsolidated affiliates$310K Other income$4,629K Rental and otherrevenues$200,600K Net income$19,221K Interest expense$37,665K Total operatingexpenses$148,653K Net incomeavailable for common...$18,270K Net (income)attributable to...$365K Dividends on preferredstock$586K Depreciation andamortization$74,679K General andadministrative$10,319K Rental property andother expenses$63,655K