GURUFOCUS.COM » STOCK LIST » USA » NYSE » Highwoods Properties Inc (NYSE:HIW) » Definitions » Net Income
Switch to:

Highwoods Properties Net Income

: $290.3 Mil (TTM As of Jun. 2022)
View and export this data going back to 1994. Start your Free Trial

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Highwoods Properties's net income for the three months ended in Jun. 2022 was $51.1 Mil. Its net income for the trailing twelve months (TTM) ended in Jun. 2022 was $290.3 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Highwoods Properties's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.47.


Highwoods Properties Net Income Historical Data

The historical data trend for Highwoods Properties's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Highwoods Properties Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.37 171.84 136.92 347.40 313.28

Highwoods Properties Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.93 72.73 125.54 40.88 51.13

Highwoods Properties Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Highwoods Properties's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=323.31+0+0+-10.033
=313.3

Highwoods Properties's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=52.602+0+0+-1.469
=51.1

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $290.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Highwoods Properties  (NYSE:HIW) Net Income Explanation

Net income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Highwoods Properties's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Highwoods Properties Net Income Related Terms

Thank you for viewing the detailed overview of Highwoods Properties's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Highwoods Properties Business Description

Highwoods Properties logo
Traded in Other Exchanges
Address
3100 Smoketree Court, Suite 600, Raleigh, NC, USA, 27604
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. Most of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Gadis David L director 3100 SMOKETREE COURT SUITE 600 RALEIGH NC 27604
Anderson Thomas P director 3751 GRISSOM PARKWAY, SUITE 100 MYRTLE BEACH SC 29577
Leary Brian M officer: EVP & COO 3100 SMOKETREE COURT SUITE 600 RALEIGH NC 27604
Maiorana Brendan C officer: EVP of Finance & IR 3100 SMOKETREE COURT SUITE 600 RALEIGH NC 27604
Lloyd Anne H director
Evans Carlos E director 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27616
Anderson Charles Albert director 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604
Penn Kevin E officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604
Klinck Theodore J officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604
Mulhern Mark F director 410 S. WILMINGTON STREET RALEIGH NC 27601
Hartzell David John director 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604
Miller Jeffrey Douglas officer: General Counsel & Sec. 3100 SMOKETREE COURT SUITE 600 RALEIGH NC 27604
Kellett Sherry A director
Cutlip Robert G officer: Sr. Vice President C/O HIGHWOODS PROPERTIES 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604
Reames W Brian officer: Sr. Vice President C/O HIGHWOODS PROPERTIES 3100 SMOKETREE COURT, SUITE 600 RALEIGH NC 27604

Highwoods Properties Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)