Highwoods Properties (STU:HQS) OCF Margin %: 29.36% (As of Mar. 2026) — 40% Below Median

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STU:HQS Highwoods Properties Inc STU:HQS
71 GF Score
Price €27.40
GF Value €22.87
Valuation Modestly Overvalued
! 13 Warning Signs
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What is Highwoods Properties OCF Margin %?

Highwoods Properties STU:HQS +0.74% 71 OCF Margin % is 29.36% as of Mar. 2026, which is 40% below its 10-year median of 49.29. GuruFocus rates STU:HQS with a GF Score™ of 71/100 and a GF Value™ of €22.87 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 937 REITs companies, Highwoods Properties ranks worse than 53.79% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Highwoods Properties's Cash Flow from Operations for the three months ended in Mar. 2026 was €54.4 Mil. Highwoods Properties's Revenue for the three months ended in Mar. 2026 was €185.1 Mil. Therefore, Highwoods Properties's OCF Margin % for the quarter that ended in Mar. 2026 was 29.36%.

As of today, Highwoods Properties's current OCF Yield % is 10.91%.

The historical rank and industry rank for Highwoods Properties's OCF Margin % or its related term are showing as below:

STU:HQS' s OCF 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 OCF Margin % of Highwoods Properties was 53.98%. The lowest was 44.56%. And the median was 49.29%.

STU:HQS's OCF Margin % is ranked worse than
53.79% of 937 companies
in the REITs industry
Industry Median: 49.64 vs STU:HQS: 45.82


Highwoods Properties OCF Margin % Related Terms


Highwoods Properties OCF Margin % Historical Data

* Premium members only.

The historical data trend for Highwoods Properties's OCF 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.

Highwoods Properties OCF Margin % Chart

Highwoods Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.98 50.88 46.40 48.87 44.56

Highwoods Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial 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 23.12 58.09 47.91 49.02 29.36

STU:HQS vs SLG, CDP, KRC: OCF Margin % Comparison

For the REIT - Office subindustry, Highwoods Properties's OCF Margin %, along with its competitors' market caps and OCF 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 OCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Highwoods Properties's OCF Margin % distribution charts can be found below:

* The bar in red indicates where Highwoods Properties's OCF Margin % falls into.


STU:HQS
71GF Score
Highwoods Properties Inc STU:HQS
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Highwoods Properties OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Highwoods Properties's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=306.763/688.42
=44.56 %

Highwoods Properties's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=54.364/185.139
=29.36 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 29.36% mean?
Highwoods Properties (STU:HQS) has a OCF Margin % of 29.36% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. 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' OCF Margin % has ranged from 44.56 to 53.98. According to the industry distribution chart, Highwoods Properties ranks #504 out of 937 companies in the REITs industry, placing it in the top 53.8%.
Is Highwoods Properties' OCF Margin % too high?
Highwoods Properties' current OCF 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 OCF Margin % is 49.64. Highwoods Properties' value of 29.36% is 40.9% below this industry median. Based on the distribution chart, Highwoods Properties ranks #504 out of 937 companies in the REITs industry, which is below the industry midpoint. Overall, Highwoods Properties has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwoods Properties' OCF Margin % compare to SLG and CDP?
According to the REITs industry distribution chart, Highwoods Properties ranks #504 out of 937 companies for OCF Margin %. This places Highwoods Properties in the lower half of its industry. The industry median OCF Margin % is 49.64. Highwoods Properties' value of 29.36% is 40.9% below this benchmark. Historically, Highwoods Properties' own OCF 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 49.64, 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 OCF Margin % for a REITs company?
The median OCF Margin % among REITs companies is 49.64, based on 937 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Highwoods Properties's current OCF Margin % of 29.36% is 40.9% 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 OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Highwoods Properties and its competitors. For the REITs industry, the median OCF Margin % is 49.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwoods Properties's current OCF 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 (STU:HQS) is currently considered Modestly Overvalued. The stock's GF Value™ is €22.87, compared to a current price of €27.40 — trading 19.8% above its estimated fair value. The current OCF Margin % is 29.36%, which is 40% below median its 10-year median of 49.29 and 40.9% below the REITs industry median of 49.64. Highwoods Properties' overall GF Score™ is 71/100 with 13 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Highwoods Properties (STU:HQS), the current OCF 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 (STU:HQS) Overvalued in 2026?

Based on GuruFocus' analysis, Highwoods Properties stock appears to be overvalued. The current stock price of €27.40 is trading 19.8% above its estimated GF Value™ of €22.87. GuruFocus considers Highwoods Properties to be Modestly Overvalued.

Key valuation signals for STU:HQS:

  • OCF Margin %: 29.36% (40% below median its 10-year median of 49.29)
  • GF Value™: €22.87 vs. price of €27.40 (19.8% above fair value)
  • GF Score™: 71/100 with 13 warning signs
  • Industry Position: 40.9% below the REITs median (#504 of 937)

No single metric tells the full story. See the STU:HQS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Highwoods Properties Business Description

Industry Real EstateREITs
Address 150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
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.
71GF Score

Get the complete analysis for STU:HQS

OCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€27.40
Price
€22.87
GF Value