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Howard Hughes HHH MPC Segment — Operating Income (Loss) Before Other Items

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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$4.01B+1.0%

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 hhh:OperatingIncomeLossBeforeOtherItems.

The official record: Howard Hughes’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Howard Hughes's MPC segment — operating income (loss) before other items?
Howard Hughes (HHH) reported MPC segment — operating income (loss) before other items of $64.4M in Q1 2026.
How has Howard Hughes's MPC segment — operating income (loss) before other items changed year-over-year?
Howard Hughes's MPC segment — operating income (loss) before other items increased by 39.3% year-over-year, from $46.25M to $64.4M.
What is the long-term trend for Howard Hughes's MPC segment — operating income (loss) before other items?
Over 3 years (2021 to 2025), Howard Hughes's MPC segment — operating income (loss) before other items has grown at a 22.9% compound annual growth rate (CAGR), from $215.9M to $400.85M.
What does MPC segment — operating income (loss) before other items mean?
This metric measures the core profitability of the Master Planned Community segment by subtracting operating costs from segment revenues, excluding non-operating items. It provides a clear view of the segment's ability to generate profit from its primary land development activities.