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Howard Hughes

HHH

Howard Hughes Holdings Inc. is a diversified holding company that operates a large-scale, mixed-use real estate platform focused on master planned communities (MPCs).

Market cap
$3.93B-5.4%
Revenue$1.5B-15.7%
Net income$121.6M-53.4%
Free cash flow$411.8M+41.8%
EPS (diluted)$2.00-61.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 5, 2026 (In 1 week)
Revenue estimate$469.0M
EPS estimate$0.49

Financials

Q1 2026

Income statement

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Revenue$235.9M+18.4%
Operating income$50.7M+5.7%
Net income$8.2M-21.9%
EPS (diluted)$0.14-33.3%

Balance sheet

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Cash & equivalents$2.5B+197%
Total debt$4.8M-11.9%
Total equity$3.8B+35.7%
Total assets$11.2B+21.1%

Cash flow

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Operating cash flow-$229.4M-2.0%
CapEx$14.8M+9.8%
Free cash flow-$244.2M-2.4%

Valuation & ratios

Valuation

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Market cap$3.93B-5.4%
Enterprise value$1.45B-37.0%
P/E32.3×+14.4×
P/S2.6×+0.3×

Profitability

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Operating margin22.1%-11.1pp
Net margin8%-6.5pp
FCF margin27.2%+11.1pp

Returns & leverage

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Return on equity3.7%-5.4pp
Debt / equity0.0×

Segments

By product

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Master Planned Communities land sales$99.6M+39.0%
Other revenues$11.0M
Builder price participation$8.7M-6.5%
Condominium rights and unit sales$3.1M+816%

By segment

See full
Operating Assets Segment$119.2M+4.6%
MPC Segment$112.3M+32.9%
Strategic Developments Segment$4.4M+416%

Competitors

Profile

Howard Hughes Holdings Inc. is a diversified holding company that operates a large-scale, mixed-use real estate platform focused on master planned communities (MPCs). The company creates value through the full lifecycle of real estate development, including land sales to homebuilders, the development of strategic commercial and residential projects, and the long-term management of income-producing operating assets.

Competitive position

A leading developer of large-scale master planned communities with a unique ability to control the entire supply of land and development within its core regions.

GeographiesUnited States, Texas, Nevada, Maryland, Hawaii
Customer segmentsHomebuilders, Commercial Tenants, Residential Tenants, Condominium Buyers
Business modelAsset-heavy, B2B Land Sales, B2C Condominium Sales, Leasing and Rental
SuppliersConstruction Contractors, Architectural and Engineering Firms, Municipal Governments, Financial Institutions
CustomersResidential Homebuilders, Commercial Tenants, Retail Tenants, Individual Homeowners
Listed2010
Employees608.0
CEODavid R. O'Reilly
FilingsSEC EDGAR

Questions, answered.

What is Howard Hughes's market cap?
Howard Hughes (HHH) has a market capitalization of $3.9B and trades on NYSE.
What is Howard Hughes's revenue and profitability?
Howard Hughes generated $1.5B in trailing twelve-month revenue with net income of $121.6M, representing a net margin of 8.0%, with free cash flow of $411.8M. These figures are based on the Q1 2026 filing.
Who are Howard Hughes's competitors?
Howard Hughes's key competitors include Brookfield Properties, Lennar Corporation, FRP Holdings, Inc., and others. These companies compete in similar markets and product categories.
Who does Howard Hughes partner with?
Howard Hughes's notable partners include Pershing Square Capital Management, Pershing Square Holdings, Ltd..
What subsidiaries does Howard Hughes have?
Howard Hughes's subsidiaries include The Howard Hughes Corporation, Vantage Group Holdings Ltd..
Where is Howard Hughes headquartered?
Howard Hughes is headquartered in United States of America and employs approximately 608 people. It has been publicly traded since 2010.