HIGHWOODS PROPERTIES, INC.

HIW · XNYS

CIK 921082fmd_07BJFXFHGGKFZKY8W5HAK65NPVFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate

Coverage: Jan 01, 2008 to Mar 31, 2026, 69 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Rental revenue	561	584	–	723	726	755	816	820	812	789
Total revenues	–	703	720	736	737	768	829	834	826	806
Provision for credit losses	–	2	1	10	5	0	3	4	–	–
Depreciation and amortization	220	228	230	255	242	259	288	299	299	295
Total operating expenses	489	506	513	553	516	536	626	611	638	605
Funds from operations (NAREIT definition, derived)	761	419	408	396	599	583	452	451	403	458
Operating income	435	466	478	487	505	532	569	565	554	545
Interest expense	77	69	71	82	81	86	105	137	147	152
Other non-operating income (expense)	2	2	2	(3)	(2)	1	2	4	12	10
Income before taxes	102	130	138	–	–	–	–	–	–	–
Net income from continuing operations	123	192	178	–	–	–	–	–	–	–
Net income	541	192	178	142	358	323	164	151	104	163
Net income to common shareholders	522	183	169	134	345	311	157	146	100	157