Highwoods Properties Inc (HIW) — Capital Reinvestment Ratio
Latest as of December 2025:
0.59x
Highwoods Properties Inc (HIW) has a Capital Reinvestment Ratio of 0.59x as of December 2025, meaning it reinvests 1% of its operating cash flow ($101.50 Million) in capital expenditures ($59.92 Million). See Highwoods Properties Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.59x
Capex / Operating Cash Flow
Operating Cash Flow
$101.50 Million
USD
Capital Expenditures
$59.92 Million
USD
Data as of
Dec 2025
Most recent filing
Highwoods Properties Inc Capital Reinvestment Ratio (1994–2025)
This chart tracks Highwoods Properties Inc's Capital Reinvestment Ratio across 32 annual periods.
Annual Capital Reinvestment Ratio for Highwoods Properties Inc (1994–2025)
Year-by-year Capital Reinvestment Ratio for Highwoods Properties Inc from 1994 to 2025. For live market cap and broader valuation context, see Highwoods Properties Inc market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.55x | $367.31 Million | $200.75 Million | ▲ +19.3% |
| 2024 | 0.46x | $403.58 Million | $184.83 Million | ▲ +2.1% |
| 2023 | 0.45x | $393.56 Million | $176.60 Million | ▼ -29.7% |
| 2022 | 0.64x | $421.78 Million | $269.29 Million | ▼ -30.9% |
| 2021 | 0.92x | $414.56 Million | $383.14 Million | ▲ +13908.5% |
| 2020 | 0.01x | $358.16 Million | $2.36 Million | ▼ -99.4% |
| 2019 | 1.16x | $365.80 Million | $424.22 Million | ▲ +721.2% |
| 2018 | 0.14x | $358.63 Million | $50.65 Million | ▲ +2605.9% |
| 2017 | 0.01x | $352.53 Million | $1.84 Million | ▼ -98.6% |
| 2016 | 0.36x | $305.81 Million | $110.25 Million | ▼ -74.5% |
| 2015 | 1.41x | $288.88 Million | $408.63 Million | ▲ +130.7% |
| 2014 | 0.61x | $266.91 Million | $163.64 Million | ▼ -62.5% |
| 2013 | 1.63x | $256.44 Million | $418.80 Million | ▲ +17.1% |
| 2012 | 1.40x | $193.42 Million | $269.85 Million | ▲ +47.7% |
| 2011 | 0.94x | $195.40 Million | $184.57 Million | ▲ +75.2% |
| 2010 | 0.54x | $190.54 Million | $102.72 Million | ▼ -32.7% |
| 2009 | 0.80x | $189.12 Million | $151.48 Million | ▼ -45.4% |
| 2008 | 1.47x | $157.82 Million | $231.42 Million | ▼ -17.5% |
| 2007 | 1.78x | $161.66 Million | $287.49 Million | ▲ +16.6% |
| 2006 | 1.53x | $145.53 Million | $222.03 Million | ▲ +40.2% |
| 2005 | 1.09x | $154.13 Million | $167.76 Million | ▼ -18.0% |
| 2004 | 1.33x | $153.25 Million | $203.36 Million | ▲ +0.0% |
| 2003 | 1.33x | $153.25 Million | $203.36 Million | ▲ +104.3% |
| 2002 | 0.65x | $201.49 Million | $130.87 Million | ▼ -54.3% |
| 2001 | 1.42x | $247.56 Million | $351.98 Million | ▼ -13.9% |
| 2000 | 1.65x | $256.40 Million | $423.25 Million | ▼ -24.8% |
| 1999 | 2.19x | $232.95 Million | $511.06 Million | ▼ -38.7% |
| 1998 | 3.58x | $263.43 Million | $943.45 Million | ▲ +0.3% |
| 1997 | 3.57x | $130.19 Million | $465.07 Million | ▲ +40.4% |
| 1996 | 2.54x | $71.32 Million | $181.44 Million | ▼ -15.7% |
| 1995 | 3.02x | $43.20 Million | $130.40 Million | ▲ +133.0% |
| 1994 | 1.30x | $13.20 Million | $17.10 Million | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow