Company / Operating Margin
Highwoods Properties Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
67.6%
FY2025
5-year range
66.2% / 69.2%
FY2021-FY2025
Trend
+0.8%
vs FY2024
Sector context
#6 of 70
Real Estate
What the data says
Among 70 Real Estate companies, Highwoods Properties is in the top 9% for operating margin. Operating Margin remained relatively stable over the past 9 years, with values between 66.2% and 69.2%.
Based on SEC 10-K filings.
67.6% in FY2025 with a 5-year CAGR of +1.2%. Top quartile in the Real Estate sector.
Declined from 69.2% to 67.6% over the past 2 years.
Real Estate sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -1.0pp
- 5-Year Change
- +1.2pp
- 10-Year Change
- -
Sector benchmark
Top 9% in Real EstateTop 9% of 70This company 67.6% Sector average 27.4%
▼
+146.6% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 0.8% year-over-year.
- Currently 40.2pp above the Real Estate sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score 0.54 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 67.6% | +0.8% |
| FY2024 | 67.0% | -3.1% |
| FY2023 | 69.2% | +1.0% |
| FY2022 | 68.5% | +3.5% |
| FY2021 | 66.2% | -0.2% |
| FY2020 | 66.3% | +0.1% |
| FY2019 | 66.3% | -0.1% |
| FY2018 | 66.3% | +0.1% |
| FY2017 | 66.3% | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026