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Howard Hughes HHH Development Plans — Area of land

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Other financials

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

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Market cap$4.06B-1.0%
Enterprise value$1.58B-31.7%
P/E33.4×+15.4×
P/S2.7×+0.4×

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×

Where this comes from

Reported directly by Howard Hughes in its filing.

Tagged under the XBRL concept us-gaap:AreaOfLand.

The source filing: Howard Hughes’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:17 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032144

Development plans include approximately four million square feet of residential, retail, commercial, and entertainment offerings integrated into a cohesive neighborhood with a central plaza, a network of parks, and public transportation. Foulger-Pratt manages construction of the development. Demolition was completed in 2023, with completion of infrastructure work expected in 2026. During the first quarter of 2026, West End Alexandria completed the sale of 4 acres of land to Aspect Lower Tier JV, which as mentioned above, will utilize the land to develop a multifamily property within the West End Alexandria area. The Company recognized a loss of $5.0 million during the three months ended March 31, 2026, primarily related to its share of the loss on sale of this property.

Item 1. Financial Statements

FAQ

What is Howard Hughes's development plans — area of land?
Howard Hughes (HHH) reported development plans — area of land of $4 in Q1 2026.
What does development plans — area of land mean?
This metric measures the total acreage of land held for future development or currently under active development planning. It quantifies the company's land bank and its capacity for long-term project initiation. Tracking this helps stakeholders evaluate the company's strategic footprint and its ability to sustain development activities over time.

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