Highwoods Properties profit margin HIW
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 20.8%
- Net margin on a year earlier
- +4.6 pts
- Peer median
- 13.5%
Over the twelve months to Jun 30, 2026, Highwoods Properties kept 20.8% of its revenue as net profit.
Five years earlier its net margin was 33.7%.
The median for 10 specialty REITs of a similar size is 13.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 20.2% |
| FY2024 | 12.6% |
| FY2023 | 18.1% |
| FY2022 | 19.8% |
| FY2021 | 42.1% |
| FY2020 | 48.6% |
| FY2019 | 19.3% |
| FY2018 | 24.7% |
| FY2017 | 27.3% |
| FY2016 | 81.3% |
| FY2015 | 16.7% |
| FY2014 | 20.9% |
| FY2013 | 23.5% |
| FY2012 | 17.4% |
| FY2011 | 10.4% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 20.8% | +4.6 pts | |
| Q1 FY26 | 11.7% | −10.0 pts | |
| Q4 FY25 | 20.2% | +7.6 pts | |
| Q3 FY25 | 16.1% | −1.7 pts | |
| Q2 FY25 | 16.2% | −2.4 pts | |
| Q1 FY25 | 21.7% | +5.7 pts | |
| Q4 FY24 | 12.6% | −5.5 pts | |
| Q3 FY24 | 17.7% | +0.9 pts | |
| Q2 FY24 | 18.6% | −0.2 pts | |
| Q1 FY24 | 16.0% | −3.9 pts | |
| Q4 FY23 | 18.1% | −1.6 pts | |
| Q3 FY23 | 16.8% | −15.3 pts |
Against its peers
Companies in REIT - Specialty nearest Highwoods Properties' size, closest first, today.
| Company | Profit margin |
|---|---|
| HIWHighwoods Properties | 20.8% |
| BNLBroadstone Net Lease | 30.6% |
| NHINational Health Investors | 38.6% |
| IRTIndependence Realty Trust | 6.5% |
| LXPLXP Industrial Trust | 18.7% |
| CXWCoreCivic | 5.1% |
| CDPCopt Defense Properties | 20.9% |
| DRHDiamondRock Hospitality | 13.5% |
| HHHHoward Hughes | 12.3% |
| DXDynex Capital | n/m |
| APLEApple Hospitality REIT | 12.2% |
| Peer median | 13.5% |
Where Highwoods Properties ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Highwoods Properties
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.