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Howard Hughes HHH Operating Assets Segment — CapEx

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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:SegmentExpenditureAdditionToLongLivedAssets.

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
thousandsThree Months Ended March 31, 20262025
Operating Assets$9,911$8,976
Master Planned Communities7475
Strategic Developments23,29653,834

Item 1. Financial Statements

FAQ

What is Howard Hughes's operating assets segment — capex?
Howard Hughes (HHH) reported operating assets segment — capex of $9.91M in Q1 2026.
How has Howard Hughes's operating assets segment — capex changed year-over-year?
Howard Hughes's operating assets segment — capex increased by 10.4% year-over-year, from $8.98M to $9.91M.
What is the long-term trend for Howard Hughes's operating assets segment — capex?
Over 2 years (2023 to 2025), Howard Hughes's operating assets segment — capex has grown at a 1.1% compound annual growth rate (CAGR), from $44.34M to $45.33M.
What does operating assets segment — capex mean?
This metric measures the cash outflows used to acquire, upgrade, or maintain the physical properties within the operating assets segment. It reflects the investment required to preserve asset quality, improve tenant amenities, or expand the leasable footprint. High levels of expenditure may indicate significant value-add initiatives or necessary lifecycle maintenance.

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