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Howard Hughes HHH MPC Segment — D&A

Other segment segments

Operating Assets Segment
$45.58M+5.7%
Strategic Developments Segment
$2.06M+77.6%

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$46.14M-4.1%

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:DepreciationAndAmortization.

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
thousands / Three Months Ended March 31, 2026Operating Assets SegmentMPC SegmentStrategic Developments Segment
Rental property real estate taxes(15,707)(521)
(Provision for) recovery of doubtful accounts59
Segment operating income (loss)68,27764,404(3,682)
Depreciation and amortization(45,578)(65)(2,057)
Interest income (expense), net(33,507)21,7124,974
Other income (loss), net191,860(889)
Equity in earnings (losses) from unconsolidated ventures5,877(3,535)(4,982)
Segment EBT$(4,912)$84,376$(6,636)

Item 1. Financial Statements

FAQ

What is Howard Hughes's MPC segment — D&A?
Howard Hughes (HHH) reported MPC segment — D&A of $65K in Q1 2026.
How has Howard Hughes's MPC segment — D&A changed year-over-year?
Howard Hughes's MPC segment — D&A decreased by 41.4% year-over-year, from $111K to $65K.
What is the long-term trend for Howard Hughes's MPC segment — D&A?
Over 3 years (2021 to 2025), Howard Hughes's MPC segment — D&A has grown at a 3.7% compound annual growth rate (CAGR), from $366K to $408K.
What does MPC segment — D&A mean?
This represents the non-cash expense allocated to the wear and tear or expiration of tangible and intangible assets within the Master Planned Community segment. It is a key adjustment for calculating cash flow and understanding the capital intensity of the segment's asset base.

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