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Side-by-side financial comparison of HIGHWOODS PROPERTIES, INC. (HIW) and PREFORMED LINE PRODUCTS CO (PLPC). Click either name above to swap in a different company.

HIGHWOODS PROPERTIES, INC. is the larger business by last-quarter revenue ($203.4M vs $173.1M, roughly 1.2× PREFORMED LINE PRODUCTS CO). HIGHWOODS PROPERTIES, INC. runs the higher net margin — 14.6% vs 4.9%, a 9.7% gap on every dollar of revenue. On growth, PREFORMED LINE PRODUCTS CO posted the faster year-over-year revenue change (3.6% vs -1.1%). Over the past eight quarters, PREFORMED LINE PRODUCTS CO's revenue compounded faster (10.8% CAGR vs -1.9%).

Highwoods Properties, Inc. is a publicly traded real estate investment trust that owns, develops, acquires, and manages high-quality office properties primarily located in fast-growing metropolitan areas across the Southeastern and Mid-Atlantic regions of the United States. Its client base includes corporate tenants across diverse industry segments such as technology, healthcare, finance, and professional services.

Preformed Line Products Co (PLPC) designs, manufactures and supplies engineered hardware for power transmission, telecommunications, and renewable energy infrastructure sectors. It serves utility, network operator and industrial customers across global regions, offering solutions that boost network reliability and operational efficiency.

HIW vs PLPC — Head-to-Head

Bigger by revenue
HIW
HIW
1.2× larger
HIW
$203.4M
$173.1M
PLPC
Growing faster (revenue YoY)
PLPC
PLPC
+4.6% gap
PLPC
3.6%
-1.1%
HIW
Higher net margin
HIW
HIW
9.7% more per $
HIW
14.6%
4.9%
PLPC
Faster 2-yr revenue CAGR
PLPC
PLPC
Annualised
PLPC
10.8%
-1.9%
HIW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HIW
HIW
PLPC
PLPC
Revenue
$203.4M
$173.1M
Net Profit
$29.7M
$8.4M
Gross Margin
29.8%
Operating Margin
67.2%
6.8%
Net Margin
14.6%
4.9%
Revenue YoY
-1.1%
3.6%
Net Profit YoY
1029.4%
-19.3%
EPS (diluted)
$0.25
$1.72

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HIW
HIW
PLPC
PLPC
Q4 25
$203.4M
$173.1M
Q3 25
$201.8M
$178.1M
Q2 25
$200.6M
$169.6M
Q1 25
$200.4M
$148.5M
Q4 24
$205.5M
$167.1M
Q3 24
$204.3M
$147.0M
Q2 24
$204.7M
$138.7M
Q1 24
$211.3M
$140.9M
Net Profit
HIW
HIW
PLPC
PLPC
Q4 25
$29.7M
$8.4M
Q3 25
$13.7M
$2.6M
Q2 25
$19.2M
$12.7M
Q1 25
$100.0M
$11.5M
Q4 24
$-3.2M
$10.5M
Q3 24
$15.5M
$7.7M
Q2 24
$64.8M
$9.4M
Q1 24
$27.2M
$9.6M
Gross Margin
HIW
HIW
PLPC
PLPC
Q4 25
29.8%
Q3 25
29.7%
Q2 25
32.7%
Q1 25
32.8%
Q4 24
33.3%
Q3 24
31.1%
Q2 24
31.9%
Q1 24
31.3%
Operating Margin
HIW
HIW
PLPC
PLPC
Q4 25
67.2%
6.8%
Q3 25
67.3%
7.4%
Q2 25
68.3%
10.1%
Q1 25
67.5%
8.8%
Q4 24
65.2%
10.5%
Q3 24
67.8%
7.1%
Q2 24
68.5%
8.1%
Q1 24
66.7%
8.2%
Net Margin
HIW
HIW
PLPC
PLPC
Q4 25
14.6%
4.9%
Q3 25
6.8%
1.5%
Q2 25
9.6%
7.5%
Q1 25
49.9%
7.8%
Q4 24
-1.6%
6.3%
Q3 24
7.6%
5.2%
Q2 24
31.6%
6.8%
Q1 24
12.9%
6.8%
EPS (diluted)
HIW
HIW
PLPC
PLPC
Q4 25
$0.25
$1.72
Q3 25
$0.12
$0.53
Q2 25
$0.17
$2.56
Q1 25
$0.91
$2.33
Q4 24
$-0.04
$2.13
Q3 24
$0.14
$1.54
Q2 24
$0.59
$1.89
Q1 24
$0.25
$1.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HIW
HIW
PLPC
PLPC
Cash + ST InvestmentsLiquidity on hand
$27.4M
Total DebtLower is stronger
$38.3M
Stockholders' EquityBook value
$2.4B
$475.5M
Total Assets
$6.3B
$653.6M
Debt / EquityLower = less leverage
0.08×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIW
HIW
PLPC
PLPC
Q4 25
$27.4M
Q3 25
$26.3M
Q2 25
$21.2M
Q1 25
$20.1M
Q4 24
$22.4M
Q3 24
$23.6M
Q2 24
$27.0M
Q1 24
$16.4M
Total Debt
HIW
HIW
PLPC
PLPC
Q4 25
$38.3M
Q3 25
$36.0M
Q2 25
$31.8M
Q1 25
$29.1M
Q4 24
$20.8M
Q3 24
$27.2M
Q2 24
$31.6M
Q1 24
$55.0M
Stockholders' Equity
HIW
HIW
PLPC
PLPC
Q4 25
$2.4B
$475.5M
Q3 25
$2.4B
$466.3M
Q2 25
$2.4B
$460.7M
Q1 25
$2.4B
$435.8M
Q4 24
$2.4B
$422.3M
Q3 24
$2.4B
$429.0M
Q2 24
$2.4B
$416.2M
Q1 24
$2.4B
$413.4M
Total Assets
HIW
HIW
PLPC
PLPC
Q4 25
$6.3B
$653.6M
Q3 25
$6.1B
$644.6M
Q2 25
$6.1B
$631.5M
Q1 25
$6.1B
$592.5M
Q4 24
$6.0B
$573.9M
Q3 24
$6.0B
$592.0M
Q2 24
$6.0B
$572.6M
Q1 24
$6.0B
$586.1M
Debt / Equity
HIW
HIW
PLPC
PLPC
Q4 25
0.08×
Q3 25
0.08×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.05×
Q3 24
0.06×
Q2 24
0.08×
Q1 24
0.13×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HIW
HIW
PLPC
PLPC
Operating Cash FlowLast quarter
$359.2M
$21.9M
Free Cash FlowOCF − Capex
$11.8M
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
12.09×
2.60×
TTM Free Cash FlowTrailing 4 quarters
$33.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIW
HIW
PLPC
PLPC
Q4 25
$359.2M
$21.9M
Q3 25
$96.7M
$18.9M
Q2 25
$116.5M
$26.9M
Q1 25
$46.3M
$5.7M
Q4 24
$403.6M
$24.1M
Q3 24
$97.5M
$9.4M
Q2 24
$130.0M
$28.3M
Q1 24
$72.4M
$5.8M
Free Cash Flow
HIW
HIW
PLPC
PLPC
Q4 25
$11.8M
Q3 25
$8.3M
Q2 25
$18.6M
Q1 25
$-5.3M
Q4 24
$20.6M
Q3 24
$5.8M
Q2 24
$24.6M
Q1 24
$1.8M
FCF Margin
HIW
HIW
PLPC
PLPC
Q4 25
6.8%
Q3 25
4.7%
Q2 25
10.9%
Q1 25
-3.6%
Q4 24
12.3%
Q3 24
3.9%
Q2 24
17.7%
Q1 24
1.3%
Capex Intensity
HIW
HIW
PLPC
PLPC
Q4 25
5.9%
Q3 25
6.0%
Q2 25
4.9%
Q1 25
7.4%
Q4 24
2.1%
Q3 24
2.4%
Q2 24
2.7%
Q1 24
2.8%
Cash Conversion
HIW
HIW
PLPC
PLPC
Q4 25
12.09×
2.60×
Q3 25
7.05×
7.21×
Q2 25
6.06×
2.12×
Q1 25
0.46×
0.49×
Q4 24
2.30×
Q3 24
6.30×
1.22×
Q2 24
2.01×
3.02×
Q1 24
2.66×
0.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HIW
HIW

Raleigh NC$45.6M22%
Nashville TN$38.7M19%
Atlanta GA$36.1M18%
Charlotte NC$26.1M13%
Tampa FL$22.2M11%
Orlando FL$14.4M7%
Other$11.4M6%
Richmond VA$8.8M4%

PLPC
PLPC

Segment breakdown not available.

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