# Highlands REIT, Inc. (HHDS)

> Real Estate · US · Reports in USD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/HHDS/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 18.43M | $ -5.96M | $ 771.0K | $ 144.52M | $ 187.74M |
| 2025 | $ 38.30M | $ -11.36M | $ -8.51M | $ 120.41M | $ 193.26M |
| 2024 | $ 37.92M | $ -1.06M | $ -3.74M | $ 120.71M | $ 204.95M |
| 2023 | $ 33.50M | $ -11.14M | $ -8.31M | $ 121.23M | $ 205.32M |
| 2022 | $ 35.03M | $ -8.56M | $ -1.99M | $ 61.66M | $ 240.28M |
| 2021 | $ 34.03M | $ -15.51M | $ -10.49M | $ 62.13M | $ 246.56M |
| 2020 | $ 36.87M | $ -42.79M | $ -6.90M | $ 82.76M | $ 257.14M |
| 2019 | $ 48.21M | $ 6.26M | $ 19.39M | $ 93.20M | $ 290.50M |
| 2018 | $ 57.46M | $ 32.92M | $ 12.81M | $ 34.95M | $ 284.10M |
| 2017 | $ 74.71M | $ 234.40M | $ 15.02M | $ 55.27M | $ 258.10M |
| 2016 | $ 125.84M | $ -87.89M | $ 50.51M | $ 380.24M | $ 83.28M |
| 2015 | $ 157.03M | $ 20.12M | $ 69.60M | $ 437.03M | $ 266.85M |
| 2014 | $ 42.07M | $ 5.54M | $ 16.85M | $ 487.83M | $ 316.98M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.77 |
| Liabilities / Eq | 0.82 |
| Current Ratio | 7.34 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 10.52 |
| Gross Debt / FCF | 48.67 |

## Other views

- [Metrics](https://sponda.capital/en/HHDS.md)
- [Charts](https://sponda.capital/en/HHDS/charts.md)
- [Compare](https://sponda.capital/en/HHDS/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-27.