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Highwoods Properties HIW Construction in progress

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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$3.23B-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

Reported directly by Highwoods Properties in its filing.

Tagged under the XBRL concept us-gaap:DevelopmentInProcess.

The official record: Highwoods Properties’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Highwoods Properties's construction in progress?
Highwoods Properties (HIW) reported construction in progress of $0 in Q1 2026.
What is the long-term trend for Highwoods Properties's construction in progress?
Over 5 years (2020 to 2025), Highwoods Properties's construction in progress has grown at a -52.5% compound annual growth rate (CAGR), from $259.68M to $6.25M.
What does construction in progress mean?
Costs accumulated for facilities, equipment, or infrastructure projects under construction — not yet placed in service or generating revenue.