HIGHWOODS PROPERTIES, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that HIGHWOODS PROPERTIES, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $806.11M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $825.86M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $834.00M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $828.93M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $768.01M | Feb 6, 2024 |
| FY2020 | Dec 31, 2020 | $179.90M | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | $181.04M | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | $183.15M | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | $192.80M | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | $192.07M | Feb 9, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $544.74M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $553.69M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $565.22M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $569.12M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $531.57M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $505.08M | Feb 7, 2023 |
| FY2021 | Dec 31, 2019 | $487.47M | Feb 8, 2022 |
| FY2020 | Dec 31, 2018 | $477.62M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $465.85M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $434.55M | Feb 5, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $359.21M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $403.58M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $386.96M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $421.78M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $414.56M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $358.16M | Feb 7, 2023 |
| FY2021 | Dec 31, 2019 | $365.80M | Feb 8, 2022 |
| FY2020 | Dec 31, 2018 | $358.63M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $352.53M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $305.81M | Feb 5, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $6.27B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $6.03B | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $6.00B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $6.06B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $5.70B | Feb 7, 2023 |
| FY2021 | Dec 31, 2020 | $5.21B | Feb 8, 2022 |
| FY2020 | Dec 31, 2019 | $5.14B | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | $4.68B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $4.62B | Feb 5, 2019 |
| FY2017 | Dec 31, 2016 | $4.56B | Feb 6, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.84B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $3.60B | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $3.52B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $3.50B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $3.08B | Feb 7, 2023 |
| FY2021 | Dec 31, 2020 | $2.74B | Feb 8, 2022 |
| FY2020 | Dec 31, 2019 | $2.83B | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | $2.30B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $2.24B | Feb 5, 2019 |
| FY2017 | Dec 31, 2016 | $2.26B | Feb 6, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.38B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $2.36B | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $2.43B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $2.48B | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | $2.48B | Feb 7, 2023 |
| FY2021 | Dec 31, 2020 | $2.34B | Feb 8, 2022 |
| FY2020 | Dec 31, 2019 | $2.15B | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | $2.25B | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | $2.22B | Feb 5, 2019 |
| FY2017 | Dec 31, 2016 | $2.14B | Feb 6, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($870.08M) | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | ($810.61M) | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | ($698.02M) | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | ($633.23M) | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | ($579.62M) | Feb 7, 2023 |
| FY2021 | Dec 31, 2020 | ($686.23M) | Feb 8, 2022 |
| FY2020 | Dec 31, 2019 | ($831.81M) | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | ($769.30M) | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | ($747.34M) | Feb 5, 2019 |
| FY2017 | Dec 31, 2016 | ($749.41M) | Feb 6, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $27.36M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $22.41M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $25.12M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $21.36M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $23.15M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $109.32M | Feb 7, 2023 |
| FY2021 | Dec 31, 2019 | $9.51M | Feb 8, 2022 |
| FY2020 | Dec 31, 2018 | $3.77M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $3.27M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $49.49M | Feb 5, 2019 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 6, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 9, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 1 | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | 0 | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | 1 | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | 1 | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | 2 | Feb 6, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 9, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 109.91M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | 107.62M | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | 105.71M | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | 105.21M | Feb 6, 2024 |
| FY2022 | Dec 31, 2021 | 104.89M | Feb 7, 2023 |
| FY2021 | Dec 31, 2020 | 103.92M | Feb 8, 2022 |
| FY2020 | Dec 31, 2019 | 103.76M | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | 103.56M | Feb 4, 2020 |
| FY2018 | Dec 31, 2017 | 103.27M | Feb 5, 2019 |
| FY2017 | Dec 31, 2016 | 101.67M | Feb 6, 2018 |
Dividends Paid
Cash dividends distributed to common shareholders during the period. Shown as a positive value despite being a cash outflow in the SEC filing.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $216.73M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $212.35M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $211.02M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $210.18M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $204.18M | Feb 6, 2024 |
| FY2022 | Dec 31, 2020 | $199.33M | Feb 7, 2023 |
| FY2021 | Dec 31, 2019 | $196.94M | Feb 8, 2022 |
| FY2020 | Dec 31, 2018 | $191.30M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $180.81M | Feb 4, 2020 |
| FY2018 | Dec 31, 2016 | $166.86M | Feb 5, 2019 |