vs
Side-by-side financial comparison of HIGHWOODS PROPERTIES, INC. (HIW) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
HIGHWOODS PROPERTIES, INC. is the larger business by last-quarter revenue ($203.4M vs $151.1M, roughly 1.3× STURM RUGER & CO INC). On growth, STURM RUGER & CO INC posted the faster year-over-year revenue change (3.6% vs -1.1%). Over the past eight quarters, STURM RUGER & CO INC's revenue compounded faster (5.1% 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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
HIW vs RGR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $203.4M | $151.1M |
| Net Profit | $29.7M | — |
| Gross Margin | — | 17.8% |
| Operating Margin | 67.2% | 2.3% |
| Net Margin | 14.6% | — |
| Revenue YoY | -1.1% | 3.6% |
| Net Profit YoY | 1029.4% | — |
| EPS (diluted) | $0.25 | $0.22 |
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.
| Q4 25 | $203.4M | $151.1M | ||
| Q3 25 | $201.8M | $126.8M | ||
| Q2 25 | $200.6M | $132.5M | ||
| Q1 25 | $200.4M | $135.7M | ||
| Q4 24 | $205.5M | $145.8M | ||
| Q3 24 | $204.3M | $122.3M | ||
| Q2 24 | $204.7M | $130.8M | ||
| Q1 24 | $211.3M | $136.8M |
| Q4 25 | $29.7M | — | ||
| Q3 25 | $13.7M | $1.6M | ||
| Q2 25 | $19.2M | $-17.2M | ||
| Q1 25 | $100.0M | $7.8M | ||
| Q4 24 | $-3.2M | — | ||
| Q3 24 | $15.5M | $4.7M | ||
| Q2 24 | $64.8M | $8.3M | ||
| Q1 24 | $27.2M | $7.1M |
| Q4 25 | — | 17.8% | ||
| Q3 25 | — | 15.1% | ||
| Q2 25 | — | 3.9% | ||
| Q1 25 | — | 22.0% | ||
| Q4 24 | — | 22.8% | ||
| Q3 24 | — | 18.5% | ||
| Q2 24 | — | 22.3% | ||
| Q1 24 | — | 21.5% |
| Q4 25 | 67.2% | 2.3% | ||
| Q3 25 | 67.3% | -2.7% | ||
| Q2 25 | 68.3% | -15.6% | ||
| Q1 25 | 67.5% | 6.2% | ||
| Q4 24 | 65.2% | 7.8% | ||
| Q3 24 | 67.8% | 3.1% | ||
| Q2 24 | 68.5% | 6.9% | ||
| Q1 24 | 66.7% | 5.5% |
| Q4 25 | 14.6% | — | ||
| Q3 25 | 6.8% | 1.2% | ||
| Q2 25 | 9.6% | -13.0% | ||
| Q1 25 | 49.9% | 5.7% | ||
| Q4 24 | -1.6% | — | ||
| Q3 24 | 7.6% | 3.9% | ||
| Q2 24 | 31.6% | 6.3% | ||
| Q1 24 | 12.9% | 5.2% |
| Q4 25 | $0.25 | $0.22 | ||
| Q3 25 | $0.12 | $0.10 | ||
| Q2 25 | $0.17 | $-1.05 | ||
| Q1 25 | $0.91 | $0.46 | ||
| Q4 24 | $-0.04 | $0.62 | ||
| Q3 24 | $0.14 | $0.28 | ||
| Q2 24 | $0.59 | $0.47 | ||
| Q1 24 | $0.25 | $0.40 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $27.4M | $92.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.4B | $283.8M |
| Total Assets | $6.3B | $342.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.4M | $92.5M | ||
| Q3 25 | $26.3M | $80.8M | ||
| Q2 25 | $21.2M | $101.4M | ||
| Q1 25 | $20.1M | $108.3M | ||
| Q4 24 | $22.4M | $105.5M | ||
| Q3 24 | $23.6M | $96.0M | ||
| Q2 24 | $27.0M | $105.6M | ||
| Q1 24 | $16.4M | $115.3M |
| Q4 25 | $2.4B | $283.8M | ||
| Q3 25 | $2.4B | $279.6M | ||
| Q2 25 | $2.4B | $289.3M | ||
| Q1 25 | $2.4B | $321.5M | ||
| Q4 24 | $2.4B | $319.6M | ||
| Q3 24 | $2.4B | $314.9M | ||
| Q2 24 | $2.4B | $321.5M | ||
| Q1 24 | $2.4B | $332.0M |
| Q4 25 | $6.3B | $342.0M | ||
| Q3 25 | $6.1B | $342.3M | ||
| Q2 25 | $6.1B | $349.5M | ||
| Q1 25 | $6.1B | $379.0M | ||
| Q4 24 | $6.0B | $384.0M | ||
| Q3 24 | $6.0B | $373.5M | ||
| Q2 24 | $6.0B | $376.7M | ||
| Q1 24 | $6.0B | $385.0M |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $359.2M | $15.5M |
| Free Cash FlowOCF − Capex | — | $12.3M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 2.1% |
| Cash ConversionOCF / Net Profit | 12.09× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $359.2M | $15.5M | ||
| Q3 25 | $96.7M | $12.9M | ||
| Q2 25 | $116.5M | $14.7M | ||
| Q1 25 | $46.3M | $11.1M | ||
| Q4 24 | $403.6M | $20.0M | ||
| Q3 24 | $97.5M | $9.4M | ||
| Q2 24 | $130.0M | $18.7M | ||
| Q1 24 | $72.4M | $7.3M |
| Q4 25 | — | $12.3M | ||
| Q3 25 | — | $7.0M | ||
| Q2 25 | — | $9.1M | ||
| Q1 25 | — | $10.0M | ||
| Q4 24 | — | $16.4M | ||
| Q3 24 | — | $2.6M | ||
| Q2 24 | — | $10.1M | ||
| Q1 24 | — | $5.6M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | 5.5% | ||
| Q2 25 | — | 6.9% | ||
| Q1 25 | — | 7.4% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 2.1% | ||
| Q2 24 | — | 7.7% | ||
| Q1 24 | — | 4.1% |
| Q4 25 | — | 2.1% | ||
| Q3 25 | — | 4.6% | ||
| Q2 25 | — | 4.2% | ||
| Q1 25 | — | 0.8% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 6.6% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | 12.09× | — | ||
| Q3 25 | 7.05× | 8.15× | ||
| Q2 25 | 6.06× | — | ||
| Q1 25 | 0.46× | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | 6.30× | 1.98× | ||
| Q2 24 | 2.01× | 2.27× | ||
| Q1 24 | 2.66× | 1.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HIW
| Raleigh NC | $45.6M | 22% |
| Nashville TN | $38.7M | 19% |
| Atlanta GA | $36.1M | 18% |
| Charlotte NC | $26.1M | 13% |
| Tampa FL | $22.2M | 11% |
| Orlando FL | $14.4M | 7% |
| Other | $11.4M | 6% |
| Richmond VA | $8.8M | 4% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
