Highwoods Properties (HIW) Revenue & Revenue Breakdown

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Highwoods Properties Revenue Highlights

Latest Revenue (Y)

$834.00M

Latest Revenue (Q)

$204.32M

Main Segment (Y)

Office Total Segment

Main Geography (Y)

Office Atlanta, GA

Highwoods Properties Revenue by Period

Highwoods Properties Revenue by Year

Date	Revenue	Change
2023-12-31	$834.00M	0.61%
2022-12-31	$828.93M	7.93%
2021-12-31	$768.01M	4.22%
2020-12-31	$736.90M	0.13%
2019-12-31	$735.98M	2.21%
2018-12-31	$720.03M	2.46%
2017-12-31	$702.74M	5.57%
2016-12-31	$665.63M	10.08%
2015-12-31	$604.67M	-0.62%
2014-12-31	$608.47M	9.28%
2013-12-31	$556.81M	7.89%
2012-12-31	$516.10M	6.89%
2011-12-31	$482.85M	4.22%
2010-12-31	$463.32M	2.05%
2009-12-31	$454.03M	-1.51%
2008-12-31	$461.00M	5.48%
2007-12-31	$437.06M	4.86%
2006-12-31	$416.80M	1.48%
2005-12-31	$410.70M	-11.62%
2004-12-31	$464.72M	10.11%
2003-12-31	$422.06M	-7.08%
2002-12-31	$454.22M	-15.98%
2001-12-31	$540.62M	-4.56%
2000-12-31	$566.43M	-3.16%
1999-12-31	$584.93M	13.76%
1998-12-31	$514.19M	87.34%
1997-12-31	$274.47M	99.00%
1996-12-31	$137.93M	87.65%
1995-12-31	$73.50M	278.87%
1994-12-31	$19.40M	-

Highwoods Properties generated $834.00M in revenue during NA 2023, up 0.61% compared to the previous quarter, and up 115.83% compared to the same period a year ago.

Highwoods Properties Revenue by Quarter

Date	Revenue	Change
2024-09-30	$204.32M	-0.31%
2024-06-30	$204.95M	-3.15%
2024-03-31	$211.63M	2.30%
2023-12-31	$206.86M	-0.11%
2023-09-30	$207.09M	-0.09%
2023-06-30	$207.29M	-2.57%
2023-03-31	$212.75M	0.49%
2022-12-31	$211.71M	2.28%
2022-09-30	$207.00M	1.55%
2022-06-30	$203.84M	-1.23%
2022-03-31	$206.38M	1.56%
2021-12-31	$203.21M	3.94%
2021-09-30	$195.50M	5.39%
2021-06-30	$185.50M	0.92%
2021-03-31	$183.81M	2.17%
2020-12-31	$179.90M	-0.63%
2020-09-30	$181.04M	-1.15%
2020-06-30	$183.15M	-5.00%
2020-03-31	$192.80M	0.38%
2019-12-31	$192.07M	2.45%
2019-09-30	$187.47M	1.85%
2019-06-30	$184.07M	6.79%
2019-03-31	$172.36M	-4.98%
2018-12-31	$181.39M	1.10%
2018-09-30	$179.42M	0.35%
2018-06-30	$178.79M	-0.91%
2018-03-31	$180.44M	2.60%
2017-12-31	$175.86M	-2.40%
2017-09-30	$180.19M	1.64%
2017-06-30	$177.28M	4.65%
2017-03-31	$169.41M	1.05%
2016-12-31	$167.65M	0.83%
2016-09-30	$166.27M	-0.35%
2016-06-30	$166.86M	1.21%
2016-03-31	$164.86M	34.59%
2015-12-31	$122.49M	-25.19%
2015-09-30	$163.74M	1.61%
2015-06-30	$161.14M	2.43%
2015-03-31	$157.31M	1.71%
2014-12-31	$154.66M	1.33%
2014-09-30	$152.63M	-0.06%
2014-06-30	$152.72M	2.88%
2014-03-31	$148.45M	5.40%
2013-12-31	$140.85M	-4.38%
2013-09-30	$147.29M	6.34%
2013-06-30	$138.51M	1.08%
2013-03-31	$137.03M	2.27%
2012-12-31	$133.98M	4.50%
2012-09-30	$128.21M	-1.93%
2012-06-30	$130.74M	0.61%
2012-03-31	$129.94M	0.94%
2011-12-31	$128.73M	5.44%
2011-09-30	$122.09M	4.30%
2011-06-30	$117.06M	1.27%
2011-03-31	$115.59M	-1.93%
2010-12-31	$117.86M	1.55%
2010-09-30	$116.06M	1.51%
2010-06-30	$114.34M	-1.28%
2010-03-31	$115.82M	2.03%
2009-12-31	$113.52M	-0.62%
2009-09-30	$114.23M	0.81%
2009-06-30	$113.31M	-2.29%
2009-03-31	$115.97M	0.97%
2008-12-31	$114.85M	-1.17%
2008-09-30	$116.21M	0.31%
2008-06-30	$115.85M	-

Highwoods Properties generated $204.32M in revenue during Q3 2024, up -0.31% compared to the previous quarter, and up 98.57% compared to the same period a year ago.

Highwoods Properties Revenue Breakdown

Highwoods Properties Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Corporate Segment	$57.17M	$61.36M	$10.71M	$32.61M	$13.07M
Office Charlotte, NC	$85.98M	$73.72M	$49.35M	$35.73M	$4.65M
Office Nashville, TN	$171.80M	$174.34M	$149.67M	$138.09M	$133.87M
Office Orlando, FL	$58.00M	$54.80M	$51.28M	$49.46M	$52.68M
Office Raleigh, NC	$181.96M	$182.99M	$162.12M	$128.19M	$122.17M
Office Richmond, VA	$35.92M	$43.08M	$45.94M	$48.08M	$49.43M
Office Tampa, FL	$99.42M	$94.73M	$97.95M	$99.52M	$86.43M
Office Total Segment	$776.83M	$767.57M	$757.29M	$704.29M	$722.91M
Office Pittsburgh, PA	-	-	$57.37M	$58.52M	$60.76M
Office Greensboro, NC	-	-	-	-	$22.15M
Office Memphis, TN	-	-	-	-	$39.49M

Highwoods Properties's latest annual revenue breakdown by segment (product or service), as of Dec 23: Office Total Segment (52.95%), Office Raleigh, NC (12.40%), Office Nashville, TN (11.71%), Office Tampa, FL (6.78%), Office Charlotte, NC (5.86%), Office Orlando, FL (3.95%), Total Corporate Segment (3.90%), and Office Richmond, VA (2.45%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Office Tampa, FL	$23.95M	$24.44M	$24.58M	$24.08M	$25.00M	$24.95M	$25.39M	$23.56M	$23.59M	$23.56M	$24.02M	$23.79M	$23.86M	$25.89M	$24.42M	$24.34M	$24.57M	$25.36M	$25.24M	$23.80M
Office Raleigh, NC	$43.04M	$42.63M	$45.18M	$45.03M	$45.35M	$45.70M	$45.88M	$45.94M	$45.22M	$45.53M	$46.30M	$44.95M	$42.47M	$37.66M	$37.04M	$32.40M	$32.04M	$31.20M	$32.55M	$31.71M
Office Orlando, FL	$14.31M	$14.80M	$14.78M	$14.70M	$14.36M	$14.55M	$14.39M	$14.50M	$13.63M	$13.35M	$13.31M	$13.14M	$12.85M	$12.73M	$12.56M	$12.62M	$11.52M	$12.30M	$13.02M	$12.90M
Office Nashville, TN	$40.90M	$40.52M	$45.04M	$41.71M	$42.88M	$42.64M	$44.56M	$43.70M	$44.59M	$42.61M	$43.45M	$42.80M	$36.14M	$35.58M	$35.16M	$34.31M	$34.66M	$34.62M	$34.50M	$34.61M
Office Charlotte, NC	$22.01M	$22.26M	$21.72M	$22.53M	$21.08M	$20.79M	$21.58M	$21.08M	$18.82M	$16.87M	$16.94M	$16.98M	$14.31M	$8.92M	$9.13M	$8.93M	$8.86M	$9.01M	$8.93M	-
Office Richmond, VA	$8.75M	$9.06M	$9.00M	$8.81M	$8.75M	$9.05M	$9.31M	$11.25M	$10.87M	$10.43M	$10.53M	$10.68M	$12.05M	$11.75M	$11.46M	$12.11M	$11.88M	$11.83M	$12.26M	$12.22M
Office Total Segment	-	$190.32M	$196.73M	$192.62M	$193.09M	$193.14M	$197.99M	$197.13M	$192.53M	$202.71M	$205.06M	$202.15M	$192.57M	$182.20M	$180.37M	$175.35M	$173.98M	$175.54M	$191.79M	$188.72M
Corporate and Other	-	-	$14.54M	$14.01M	$14.15M	$14.77M	$14.46M	$1.13M	$1.32M	$2.92M	$3.30M	$3.43M	$7.06M	$7.61M	$1.01M	-	-	-	-	-
Office Pittsburgh, PA	-	-	-	-	-	-	-	-	-	$14.91M	$14.95M	$14.58M	$14.22M	$13.95M	$14.62M	$14.46M	$14.43M	$14.68M	$14.95M	$15.29M
Office Piedmont Triad, NC	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.73M	-
Office Memphis, TN	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.65M	$9.82M

Highwoods Properties's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Office Raleigh, NC (28.14%), Office Nashville, TN (26.74%), Office Tampa, FL (15.66%), Office Charlotte, NC (14.39%), Office Orlando, FL (9.36%), and Office Richmond, VA (5.72%).

Highwoods Properties Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Office Atlanta, GA	$143.74M	$143.90M	$143.61M	$146.70M	$151.28M

Highwoods Properties's latest annual revenue breakdown by geography, as of Dec 23: Office Atlanta, GA (100.00%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Office Atlanta, GA	$36.74M	$36.61M	$36.44M	$35.75M	$35.67M	$35.45M	$36.87M	$37.10M	$35.80M	$35.45M	$35.55M	$35.23M	$36.67M	$35.74M	$35.98M	$36.19M	$36.02M	$36.54M	$37.96M	$38.16M

Highwoods Properties's latest quarterly revenue breakdown by geography, as of Sep 24: Office Atlanta, GA (100.00%).

Highwoods Properties Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
KRC	Kilroy Realty	$1.13B	$289.94M
DEI	Douglas Emmett	$1.02B	$109.09M
HPP	Hudson Pacific Properties	$952.30M	$166.94M
HIW	Highwoods Properties	$834.00M	$204.32M
CUZ	Cousins Properties	$801.50M	$208.72M
PDM	Piedmont Office Realty Trust	$678.66M	$5.57M
BDN	Brandywine Realty Trust	$514.65M	$131.78M
EQC	Equity Commonwealth	$5.19M	$13.99M

HIW Revenue FAQ

What is Highwoods Properties’s yearly revenue?

Highwoods Properties's yearly revenue for 2023 was $834M, representing an increase of 0.61% compared to 2022. The company's yearly revenue for 2022 was $828.93M, representing an increase of 7.93% compared to 2021. HIW's yearly revenue for 2021 was $768.01M, representing an increase of 4.22% compared to 2020.

What is Highwoods Properties’s quarterly revenue?

Highwoods Properties's quarterly revenue for Q3 2024 was $204.32M, a -0.31% decrease from the previous quarter (Q2 2024), and a -1.34% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $204.95M, a -3.15% decrease from the previous quarter (Q1 2024), and a -1.13% decrease year-over-year (Q2 2023). HIW's quarterly revenue for Q1 2024 was $211.63M, a 2.30% increase from the previous quarter (Q4 2023), and a -0.53% decrease year-over-year (Q1 2023).

What is Highwoods Properties’s revenue growth rate?

Highwoods Properties's revenue growth rate for the last 3 years (2021-2023) was 8.59%, and for the last 5 years (2019-2023) was 13.32%.

What are Highwoods Properties’s revenue streams?

Highwoods Properties's revenue streams in c 23 are Total Corporate Segment, Office Charlotte, NC, Office Nashville, TN, Office Orlando, FL, Office Raleigh, NC, Office Richmond, VA, Office Tampa, FL, and Office Total Segment. Total Corporate Segment generated $57.17M in revenue, accounting 3.90% of the company's total revenue, down -6.83% year-over-year. Office Charlotte, NC generated $85.98M in revenue, accounting 5.86% of the company's total revenue, up 16.63% year-over-year. Office Nashville, TN generated $171.8M in revenue, accounting 11.71% of the company's total revenue, down -1.46% year-over-year. Office Orlando, FL generated $58M in revenue, accounting 3.95% of the company's total revenue, up 5.84% year-over-year. Office Raleigh, NC generated $181.96M in revenue, accounting 12.40% of the company's total revenue, down -0.56% year-over-year. Office Richmond, VA generated $35.92M in revenue, accounting 2.45% of the company's total revenue, down -16.63% year-over-year. Office Tampa, FL generated $99.42M in revenue, accounting 6.78% of the company's total revenue, up 4.96% year-over-year. Office Total Segment generated $776.83M in revenue, accounting 52.95% of the company's total revenue, up 1.21% year-over-year.

What is Highwoods Properties’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Highwoods Properties was Office Total Segment. This segment made a revenue of $776.83M, representing 52.95% of the company's total revenue.