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Highwoods Properties HIW Richmond, VA — Total rental property and other expenses

Other segment segments

Atlanta, GA
$14.77M+2.8%
Raleigh, NC
$14.2M+21.0%
Nashville, TN
$10.39M-8.5%
Tampa, FL
$8.2M-4.8%
Charlotte, NC
$8.15M+39.5%
Orlando, FL
$5.11M-7.8%
Other Segment
$3.83M-45.6%
Dallas, TX
$833K

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$2.45B-4.2%
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GATXOther — Operating Costs and Expenses
$5.4M-11.5%

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%
Free cash flow$94.7M+1.9%

Valuation

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Market cap$3.47B+10.6%
P/E36.2×+12.9×
P/S4.2×+0.4×

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

Reported directly by Highwoods Properties in its filing.

Tagged under the XBRL concept us-gaap:OperatingCostsAndExpenses.

The source filing: Highwoods Properties’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000921082-26-000035
Rental property and other expenses:
Nashville10,39311,357
Orlando5,1075,542
Raleigh14,19711,733
Richmond3,2233,003
Tampa8,1998,609
Rental property and other expenses for reportable segments64,87260,453
Other6,2464,581
Total rental property and other expenses71,11865,034

Item 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (unaudited)

FAQ

What is Highwoods Properties's richmond, VA — total rental property and other expenses?
Highwoods Properties (HIW) reported richmond, VA — total rental property and other expenses of $3.22M in Q1 2026.
How has Highwoods Properties's richmond, VA — total rental property and other expenses changed year-over-year?
Highwoods Properties's richmond, VA — total rental property and other expenses increased by 7.3% year-over-year, from $3M to $3.22M.
What is the long-term trend for Highwoods Properties's richmond, VA — total rental property and other expenses?
Over 3 years (2022 to 2025), Highwoods Properties's richmond, VA — total rental property and other expenses has grown at a -6.4% compound annual growth rate (CAGR), from $14.21M to $11.65M.
What does richmond, VA — total rental property and other expenses mean?
This metric captures the aggregate operating costs associated with maintaining, managing, and servicing the real estate portfolio located in the Richmond, Virginia market. It includes property-level expenses such as maintenance, utilities, property taxes, and management fees necessary to sustain rental operations.

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