Highwoods Properties Inc (HIW) — Cash Flow Quality Index
Highwoods Properties Inc (HIW) has a Cash Flow Quality Index of 1.29x as of June 2026. Operating cash flow of $125.23 Million exceeds net income of $96.76 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Highwoods Properties Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Highwoods Properties Inc Cash Flow Quality Index (1994–2025)
Historical Cash Flow Quality Index for Highwoods Properties Inc across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HIW cash flow metrics.
Annual Cash Flow Quality Index for Highwoods Properties Inc (1994–2025)
Year-by-year earnings quality comparison for Highwoods Properties Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 4963.66x | $367.31 Million | $74.00K | ▲ +128121.5% |
| 2024 | 3.87x | $403.58 Million | $104.25 Million | ▲ +46.3% |
| 2023 | 2.65x | $393.56 Million | $148.72 Million | ▲ +2.9% |
| 2022 | 2.57x | $421.78 Million | $163.96 Million | ▲ +100.6% |
| 2021 | 1.28x | $414.56 Million | $323.31 Million | ▲ +28.1% |
| 2020 | 1.00x | $358.16 Million | $357.91 Million | ▼ -61.2% |
| 2019 | 2.58x | $365.80 Million | $141.68 Million | ▲ +27.9% |
| 2018 | 2.02x | $358.63 Million | $177.63 Million | ▲ +9.8% |
| 2017 | 1.84x | $352.53 Million | $191.66 Million | ▲ +225.5% |
| 2016 | 0.57x | $305.81 Million | $541.14 Million | ▼ -80.2% |
| 2015 | 2.85x | $288.88 Million | $101.26 Million | ▲ +24.0% |
| 2014 | 2.30x | $266.91 Million | $115.97 Million | ▲ +17.7% |
| 2013 | 1.96x | $256.44 Million | $131.10 Million | ▼ -14.8% |
| 2012 | 2.30x | $193.42 Million | $84.23 Million | ▼ -43.6% |
| 2011 | 4.07x | $195.40 Million | $47.97 Million | ▲ +54.6% |
| 2010 | 2.64x | $190.54 Million | $72.30 Million | ▼ -14.0% |
| 2009 | 3.07x | $189.12 Million | $61.69 Million | ▼ -37.9% |
| 2008 | 4.93x | $157.82 Million | $31.99 Million | ▲ +176.9% |
| 2007 | 1.78x | $161.66 Million | $90.75 Million | ▼ -33.6% |
| 2006 | 2.68x | $145.53 Million | $54.24 Million | ▲ +8.7% |
| 2005 | 2.47x | $154.13 Million | $62.46 Million | ▼ -61.7% |
| 2004 | 6.44x | $153.25 Million | $23.81 Million | ▲ +0.0% |
| 2003 | 6.44x | $153.25 Million | $23.81 Million | ▲ +125.8% |
| 2002 | 2.85x | $201.49 Million | $70.67 Million | ▲ +51.9% |
| 2001 | 1.88x | $247.56 Million | $131.93 Million | ▲ +4.6% |
| 2000 | 1.79x | $256.40 Million | $142.91 Million | ▲ +11.0% |
| 1999 | 1.62x | $232.95 Million | $144.06 Million | ▼ -22.4% |
| 1998 | 2.08x | $263.43 Million | $126.39 Million | ▲ +33.4% |
| 1997 | 1.56x | $130.19 Million | $83.30 Million | ▼ -3.7% |
| 1996 | 1.62x | $71.32 Million | $43.93 Million | ▼ -9.8% |
| 1995 | 1.80x | $43.20 Million | $24.00 Million | ▼ -5.9% |
| 1994 | 1.91x | $13.20 Million | $6.90 Million | — |