Highwoods Properties
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Highwoods Properties's past years’ income statements indicate that its last revenue has increased compared to the previous period by 1% to $833,997,000. The net income raised on $148,715,000 and profit margin reached 18%. Total operating expenses were $342,268,000.
Profit Margin
| 2014 | 608.46M | 110.96M | 18.24% |
|---|---|---|---|
| 2015 | 604.67M | 97.07M | 16.05% |
| 2016 | 665.63M | 524.29M | 78.77% |
| 2017 | 702.73M | 185.36M | 26.38% |
| 2018 | 720.03M | 171.83M | 23.86% |
| 2019 | 735.97M | 53.99M | 7.34% |
| 2020 | 736.9M | 261.60M | 35.5% |
| 2021 | 768.00M | 222.18M | 28.93% |
| 2022 | 828.92M | 58.57M | 7.07% |
| 2023 | 833.99M | 148.71M | 17.83% |
HIW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 833.99M | 828.92M | 768.00M | 736.9M | 735.97M | 720.03M | 702.73M | 665.63M | 604.67M | 608.46M |
Cost of revenue | 268.78M | 259.80M | 236.43M | 231.82M | 248.51M | 242.41M | 236.88M | 231.08M | 215.94M | 225.50M |
Gross profit | 565.21M | 569.12M | 531.57M | 505.07M | 487.46M | 477.62M | 465.84M | 434.54M | 388.73M | 382.96M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 342.26M | 329.87M | 299.80M | 282.61M | 298.57M | 269.96M | 267.48M | 258.29M | 239.56M | 232.24M |
Operating income | 224.05M | 242.35M | 237.00M | 227.29M | 190.16M | 207.65M | 198.36M | 176.25M | 149.17M | 150.71M |
Other income (expenses), net | -72.72M | -78.39M | 86.30M | 135.45M | -48.48M | 39.45M | -6.70M | 20.6M | -68.72M | -37.10M |
Income before tax | 151.33M | 163.95M | 323.31M | 357.91M | 141.68M | 177.63M | 191.66M | 122.54M | 85.52M | 115.58M |
Income tax expense | 0 | 105.38M | 101.13M | 96.30M | 87.68M | 41.39M | 83.97M | -317.30M | 79.57M | 92.30M |
Net income | 148.71M | 58.57M | 222.18M | 261.60M | 53.99M | 171.83M | 185.36M | 524.29M | 97.07M | 110.96M |
Earnings per share | ||||||||||
Basic EPS | 1.42 | 0.56 | 2.13 | 2.52 | 0.52 | 1.66 | 1.78 | 5.3 | 1 | 1.2 |
Diluted EPS | 1.39 | 0.56 | 2.08 | 2.45 | 0.51 | 1.62 | 1.78 | 5.3 | 1 | 1.19 |
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