Highwoods PropertiesFRA:HQS +2.34%67 FCF Margin % is 29.36% as of Mar. 2026, which is 40% below its 10-year median of 49.29. GuruFocus rates FRA:HQS with a GF Score™ of 67/100 and a GF Value™ of €22.93 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 939 REITs companies, Highwoods Properties ranks better than 55.48% on this metric.
The historical rank and industry rank for Highwoods Properties's FCF Margin % or its related term are showing as below:
FRA:HQS'
s FCF Margin % Range Over the Past 10 Years
Min: 44.56 Med: 49.29 Max: 53.98
Current: 45.82
During the past 13 years, the highest FCF Margin % of Highwoods Properties was 53.98%. The lowest was 44.56%. And the median was 49.29%.
FRA:HQS's FCF Margin % is ranked better than 55.48% of 939
companies
in the REITs industry
Industry Median: 39.57
vs FRA:HQS: 45.82
Highwoods Properties FCF Margin % Related Terms
Highwoods Properties FCF Margin % Historical Data
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The historical data trend for Highwoods Properties's FCF Margin % 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.
For the REIT - Office subindustry, Highwoods Properties's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Highwoods Properties FCF Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Highwoods Properties's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Highwoods Properties's FCF Margin % falls into.
* 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 (FRA:HQS) has a FCF Margin % of 29.36% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Highwoods Properties and its competitors. This is 40% below median its historical median of 49.29. Over the past decade, Highwoods Properties' FCF Margin % has ranged from 44.56 to 53.98. According to the industry distribution chart, Highwoods Properties ranks #418 out of 939 companies in the REITs industry, placing it in the top 44.5%.
Is Highwoods Properties' FCF Margin % too high?
Highwoods Properties' current FCF Margin % of 29.36% is 40% below median its 10-year median of 49.29. Over the past 10 years, this metric has ranged from a low of 44.56 to a high of 53.98. The REITs industry median FCF Margin % is 39.57. Highwoods Properties' value of 29.36% is 25.8% below this industry median. Based on the distribution chart, Highwoods Properties ranks #418 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Highwoods Properties has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwoods Properties' FCF Margin % compare to SLG and CDP?
According to the REITs industry distribution chart, Highwoods Properties ranks #418 out of 939 companies for FCF Margin %. This puts Highwoods Properties in the upper half of its industry. The industry median FCF Margin % is 39.57. Highwoods Properties' value of 29.36% is 25.8% below this benchmark. Historically, Highwoods Properties' own FCF Margin % has ranged from 44.56 to 53.98 over the past decade. While the company's 10-year median is 49.29 vs. the industry median of 39.57, Highwoods Properties has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 39.57, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highwoods Properties's current FCF Margin % of 29.36% is 25.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Highwoods Properties and its competitors. For the REITs industry, the median FCF Margin % is 39.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwoods Properties's current FCF Margin % is 29.36%, which is 40% below median its own 10-year median of 49.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwoods Properties stock overvalued right now?
Based on GuruFocus' analysis, Highwoods Properties (FRA:HQS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.93, compared to a current price of €26.20 — trading 14.3% above its estimated fair value. The current FCF Margin % is 29.36%, which is 40% below median its 10-year median of 49.29 and 25.8% below the REITs industry median of 39.57. Highwoods Properties' overall GF Score™ is 67/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Highwoods Properties (FRA:HQS), the current FCF Margin % is 29.36% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Highwoods Properties (FRA:HQS) Overvalued in 2026?
Based on GuruFocus' analysis, Highwoods Properties stock appears to be overvalued.
The current stock price of €26.20 is trading 14.3% above its estimated GF Value™ of €22.93.
GuruFocus considers Highwoods Properties to be Modestly Overvalued.
Key valuation signals for FRA:HQS:
FCF Margin %: 29.36% (40% below median its 10-year median of 49.29)
GF Value™: €22.93 vs. price of €26.20 (14.3% above fair value)
Industry Position: 25.8% below the REITs median (#418 of 939)
No single metric tells the full story. See the FRA:HQS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwoods Properties Inc is a fully integrated office REIT that owns, develops, acquires, leases, and manages office properties mainly in the best business districts of Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa. Its principal business is the operation, acquisition, and development of rental office properties, with no material inter-segment transactions. The Company evaluates performance by geographic location, and the operating results by geographic grouping are regularly reviewed by the chief operating decision maker. The core portfolio consists mainly of office properties in its key markets, with the majority of revenue derived from its Raleigh properties.
67GF Score
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FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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