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Howard Hughes HHH MPC Segment — Equity Method Investments

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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:EquityMethodInvestments.

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 except percentagesOwnership Interest (a) / March 31, 2026Ownership Interest (a) / December 31, 2025Carrying Value / March 31, 2026Carrying Value / December 31, 2025Share of Earnings/Dividends / Three Months Ended March 31, 2026Share of Earnings/Dividends / 2025
Operating equity investments (b)VariousVarious$13,257$10,649$559$(962)
Master Planned Communities:
The Summit (c)50%50%31,35035,815(485)(4,883)
Floreo (d)50%50%55,95859,008(3,050)1,473
Other50%50%265
Strategic Developments:
West End Alexandria (c)58%58%49,58260,830(4,954)87
Aspect (c)(d)85%13,611

Item 1. Financial Statements

FAQ

What is Howard Hughes's MPC segment — equity method investments?
Howard Hughes (HHH) reported MPC segment — equity method investments of $55.96M in Q1 2026.
How has Howard Hughes's MPC segment — equity method investments changed year-over-year?
Howard Hughes's MPC segment — equity method investments decreased by 10.1% year-over-year, from $62.26M to $55.96M.
What does MPC segment — equity method investments mean?
This represents the carrying value of investments in unconsolidated entities where the company exercises significant influence but does not have full control. It reflects the company's strategic partnerships in large-scale land development projects.

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