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Howard Hughes HHH MPC Segment — Interest income (expense), net

Other segment segments

Operating Assets Segment
-$33.51M+2.1%
Strategic Developments Segment
$4.97M+7.1%

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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:InterestIncomeExpenseNet.

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
(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)
Three Months Ended March 31, 2025

Item 1. Financial Statements

FAQ

What is Howard Hughes's MPC segment — interest income (expense), net?
Howard Hughes (HHH) reported MPC segment — interest income (expense), net of $21.71M in Q1 2026.
How has Howard Hughes's MPC segment — interest income (expense), net changed year-over-year?
Howard Hughes's MPC segment — interest income (expense), net increased by 29.3% year-over-year, from $16.79M to $21.71M.
What is the long-term trend for Howard Hughes's MPC segment — interest income (expense), net?
Over 3 years (2021 to 2025), Howard Hughes's MPC segment — interest income (expense), net has grown at a 20.8% compound annual growth rate (CAGR), from $42.68M to $75.16M.
What does MPC segment — interest income (expense), net mean?
This metric represents the net interest result for the Master Planned Communities segment, calculated as interest income earned minus interest expense incurred. It reflects the financing costs associated with land development projects and interest income generated from related financial assets or cash balances within the segment. Monitoring this helps investors understand the segment's net cost of capital and financing efficiency.

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