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Highwoods PropertiesHIW +0.67%72 Net Margin % is 43.46% as of Jun. 2026, which is 99% above its 10-year median of 21.83. GuruFocus rates HIW with a GF Score™ of 72/100 and a GF Value™ of $27.83 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 916 REITs companies, Highwoods Properties ranks worse than 69% on this metric.
Highwoods Properties (NYSE:HIW) Net Margin % Explanation
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.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Highwoods Properties Net Margin % Related Terms
Highwoods Properties Net Margin % Historical Data
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The historical data trend for Highwoods Properties's Net 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 Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Highwoods Properties's Net Margin % distribution charts can be found below:
* The bar in red indicates where Highwoods Properties's Net 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 (HIW) has a Net Margin % of 43.46% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Highwoods Properties and its competitors. This is 99% above median its historical median of 21.83. Over the past decade, Highwoods Properties' Net Margin % has ranged from 12.38 to 78.77. According to the industry distribution chart, Highwoods Properties ranks #632 out of 916 companies in the REITs industry, placing it in the top 69%.
Is Highwoods Properties' Net Margin % too high?
Highwoods Properties' current Net Margin % of 43.46% is 99% above median its 10-year median of 21.83. Over the past 10 years, this metric has ranged from a low of 12.38 to a high of 78.77. The REITs industry median Net Margin % is 45.67. Highwoods Properties' value of 43.46% is 4.8% below this industry median. Based on the distribution chart, Highwoods Properties ranks #632 out of 916 companies in the REITs industry, which is below the industry midpoint. Overall, Highwoods Properties has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwoods Properties' Net Margin % compare to SLG and CDP?
According to the REITs industry distribution chart, Highwoods Properties ranks #632 out of 916 companies for Net Margin %. This places Highwoods Properties in the lower half of its industry. The industry median Net Margin % is 45.67. Highwoods Properties' value of 43.46% is 4.8% below this benchmark. Historically, Highwoods Properties' own Net Margin % has ranged from 12.38 to 78.77 over the past decade. While the company's 10-year median is 21.83 vs. the industry median of 45.67, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.67, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highwoods Properties's current Net Margin % of 43.46% is 4.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Highwoods Properties and its competitors. For the REITs industry, the median Net Margin % is 45.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwoods Properties's current Net Margin % is 43.46%, which is 99% above median its own 10-year median of 21.83. 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 (HIW) is currently considered Modestly Overvalued. The stock's GF Value™ is $27.83, compared to a current price of $31.47 — trading 13.1% above its estimated fair value. The current Net Margin % is 43.46%, which is 99% above median its 10-year median of 21.83 and 4.8% below the REITs industry median of 45.67. Highwoods Properties' overall GF Score™ is 72/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Highwoods Properties (HIW), the current Net Margin % is 43.46% as of Jun. 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 (HIW) Overvalued in 2026?
Based on GuruFocus' analysis, Highwoods Properties stock appears to be overvalued.
The current stock price of $31.47 is trading 13.1% above its estimated GF Value™ of $27.83.
GuruFocus considers Highwoods Properties to be Modestly Overvalued.
Key valuation signals for HIW:
Net Margin %: 43.46% (99% above median its 10-year median of 21.83)
GF Value™: $27.83 vs. price of $31.47 (13.1% above fair value)
Industry Position: 4.8% below the REITs median (#632 of 916)
No single metric tells the full story. See the HIW 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.
72GF Score
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