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Howard Hughes HHH Operating Assets Segment — Equity Method Investments

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$0.85+46.6%
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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
Equity Method Investments
Operating Assets:
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:

Item 1. Financial Statements

FAQ

What is Howard Hughes's operating assets segment — equity method investments?
Howard Hughes (HHH) reported operating assets segment — equity method investments of $13.26M in Q1 2026.
How has Howard Hughes's operating assets segment — equity method investments changed year-over-year?
Howard Hughes's operating assets segment — equity method investments increased by 242.1% year-over-year, from $3.88M to $13.26M.
What does operating assets segment — equity method investments mean?
This represents the carrying value of investments in unconsolidated entities within the Operating Assets segment. It reflects the company's proportional ownership interest in joint ventures or partnerships that manage commercial, mixed-use, or retail properties. Monitoring this balance helps investors assess the scale of off-balance-sheet exposure and partnership-based growth strategies.

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