Highwoods Properties price to sales ratio HIW

Market value divided by revenue over the last twelve months, since 2011.

Today, Oct 23, 2026: 4.0×
10-year median: 4.6×
Against its 10-year history: 38th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.2× to 8.0×
Peer median: 4.9×

Highwoods Properties' price to sales ratio is 4.0× as of Oct 23, 2026.

That is below its ten-year median of 4.6×, close to the middle of its last ten years.

Over that time it ranged from 2.2× in Oct 2023 to 8.0× in Jan 2017.

The median for 10 specialty REITs of a similar size is 4.9×.

Price to sales ratio over time

median 4.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	4.0×	2.8×	4.5×
2025	3.5×	3.4×	4.3×
2024	3.9×	2.8×	4.6×
2023	2.9×	2.2×	3.9×
2022	3.6×	3.2×	6.6×
2021	6.3×	5.2×	6.9×
2020	5.5×	4.0×	7.4×
2019	n/m a value too high to mean anything
2018	6.5×	6.1×	7.5×
2017	7.6×	7.5×	8.0×
2016	7.8×	6.0×	8.7×
2015	6.5×	5.5×	7.2×
2014	6.8×	5.8×	6.8×
2013	5.9×	5.1×	6.4×
2012	5.0×	4.6×	5.2×
2011	4.6×	4.1×	5.6×

Against its peers

Companies in REIT - Specialty nearest Highwoods Properties' size, closest first, today.

Company	Price to sales ratio
HIWHighwoods Properties	4.0×
BNLBroadstone Net Lease	7.0×
NHINational Health Investors	7.6×
IRTIndependence Realty Trust	5.3×
LXPLXP Industrial Trust	10.4×
CXWCoreCivic	1.2×
CDPCopt Defense Properties	4.9×
DRHDiamondRock Hospitality	2.5×
HHHHoward Hughes	1.8×
DXDynex Capital	n/m
APLEApple Hospitality REIT	3.0×
Peer median	4.9×

Where Highwoods Properties ranks

What the price to sales ratio tells you

Market value divided by revenue over the last twelve months. Useful for companies with little or no profit yet, since sales are harder to make negative than earnings.

Ignores margins entirely. A software company at 10× sales with 30% margins can be cheaper than a grocer at 1× sales with 2% margins.

More on Highwoods Properties

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.