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Highwoods Properties (Highwoods Properties) EV-to-EBIT

: 19.91 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Highwoods Properties's Enterprise Value is $5,734.5 Mil. Highwoods Properties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $288.0 Mil. Therefore, Highwoods Properties's EV-to-EBIT for today is 19.91.

The historical rank and industry rank for Highwoods Properties's EV-to-EBIT or its related term are showing as below:

HIW' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.58   Med: 31.56   Max: 45.51
Current: 19.91

During the past 13 years, the highest EV-to-EBIT of Highwoods Properties was 45.51. The lowest was 13.58. And the median was 31.56.

HIW's EV-to-EBIT is ranked worse than
50.09% of 579 companies
in the REITs industry
Industry Median: 19.88 vs HIW: 19.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Highwoods Properties's Enterprise Value for the quarter that ended in Dec. 2023 was $5,698.2 Mil. Highwoods Properties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $288.0 Mil. Highwoods Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.05%.


Highwoods Properties EV-to-EBIT Historical Data

The historical data trend for Highwoods Properties's EV-to-EBIT 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.

* Premium members only.

Highwoods Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.89 15.14 18.59 23.16 19.78

Highwoods Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 23.16 20.58 20.60 20.03 19.78

Competitive Comparison

For the REIT - Office subindustry, Highwoods Properties's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution

For the REITs industry and Real Estate sector, Highwoods Properties's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Highwoods Properties's EV-to-EBIT falls into.



Highwoods Properties EV-to-EBIT Calculation

Highwoods Properties's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5734.488/288.04
=19.91

Highwoods Properties's current Enterprise Value is $5,734.5 Mil.
Highwoods Properties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $288.0 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.


Highwoods Properties  (NYSE:HIW) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Highwoods Properties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=288.04/5698.2406
=5.05 %

Highwoods Properties's Enterprise Value for the quarter that ended in Dec. 2023 was $5,698.2 Mil.
Highwoods Properties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $288.0 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.


Highwoods Properties EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Highwoods Properties's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Highwoods Properties (Highwoods Properties) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Brian M Leary officer: EVP & COO 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Theodore J Klinck officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Brendan C Maiorana officer: EVP of Finance & IR 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Jeffrey Douglas Miller officer: General Counsel & Sec. 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
David L Gadis director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
David John Hartzell director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Thomas P Anderson director 3751 GRISSOM PARKWAY, SUITE 100, MYRTLE BEACH SC 29577
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Anne H Lloyd director
Sherry A Kellett director
Edward J Fritsch director, officer: EVP & COO
Kevin E Penn officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael E Harris officer: Sr. Vice President
Terry L Stevens officer: VP, CFO & Treasurer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604

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