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Discontinued — last reported Q3 '24

Free cash flow at other companies

Cousins Properties logo
Cousins PropertiesCUZ
$33.76M-8.4%
Howard Hughes logo
Howard HughesHHH
-$244.24M-2.4%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$359.48M-2.2%
First Industrial Realty Trust logo
First Industrial Realty TrustFR
Invitation Homes logo
Invitation HomesINVH
Regency Centers logo
Regency CentersREG

Other financials

Income statement

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Revenue$214.0M+6.8%
Net income$33.4M-66.6%
EPS (diluted)$0.29-68.1%

Balance sheet

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Cash & equivalents$52.6M+33.2%
Total debt$27.1M-2.4%
Total equity$2.4B-1.7%
Total assets$6.6B+8.6%

Cash flow

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Operating cash flow$62.8M+35.7%
CapEx-$2.8M-128%

Valuation

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Market cap$3.23B-26.1%
P/E33.6×+9.4×
P/S3.9×-1.4×

Profitability

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Net margin11.7%-10.4pp
FCF margin50%+5.0pp

Returns & leverage

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Return on equity4%-3.5pp
Debt / equity0.0×

Where this comes from

Calculated from Highwoods Properties’s reported figures.

The official record: Highwoods Properties’s 10-Q, filed October 28, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Highwoods Properties's free cash flow?
Highwoods Properties (HIW) reported free cash flow of $94.65M in Q3 2024.
How has Highwoods Properties's free cash flow changed year-over-year?
Highwoods Properties's free cash flow increased by 1.9% year-over-year, from $92.84M to $94.65M.
What is the long-term trend for Highwoods Properties's free cash flow?
Over 2 years (2021 to 2023), Highwoods Properties's free cash flow has grown at a -2.5% compound annual growth rate (CAGR), from $404.72M to $384.62M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.