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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Highwoods Properties's selling, general, & admin. expense for the
three
months ended in Jun. 2026 was $9.9 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was $40.9 Mil.
Highwoods Properties (NYSE:HIW) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Highwoods Properties Selling, General, & Admin. Expense Related Terms
Highwoods Properties Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Highwoods Properties's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
HIW vs SLG, CDP, KRC: Selling, General, & Admin. Expense Comparison
For the REIT - Office subindustry, Highwoods Properties's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs REITs Industry
For the REITs industry and Real Estate sector, Highwoods Properties's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Highwoods Properties's Selling, General, & Admin. Expense falls into.
Highwoods Properties Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $40.9 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.
What does a Selling, General, & Admin. Expense of $40.9 Mil mean?
Highwoods Properties (HIW) has a Selling, General, & Admin. Expense of $40.9 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Highwoods Properties and its competitors.
Is Highwoods Properties' Selling, General, & Admin. Expense too high?
Highwoods Properties' current Selling, General, & Admin. Expense is $40.9 Mil. 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' Selling, General, & Admin. Expense compare to SLG and CDP?
Highwoods Properties' Selling, General, & Admin. Expense of $40.9 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Highwoods Properties and its competitors. Highwoods Properties's current Selling, General, & Admin. Expense is $40.9 Mil. 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 $27.86, compared to a current price of $31.15 — trading 11.8% above its estimated fair value. The current Selling, General, & Admin. Expense is $40.9 Mil. 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 Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Highwoods Properties (HIW), the current Selling, General, & Admin. Expense is $40.9 Mil 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 $31.15 is trading 11.8% above its estimated GF Value™ of $27.86.
GuruFocus considers Highwoods Properties to be Modestly Overvalued.
Key valuation signals for HIW:
Selling, General, & Admin. Expense: $40.9 Mil
GF Value™: $27.86 vs. price of $31.15 (11.8% above fair value)
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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Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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