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Howard Hughes HHH Operating Assets Segment — Revenue

Other segment segments

MPC Segment
$112.28M+32.9%
Strategic Developments Segment
$4.41M+416%

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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:Revenues.

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
Total revenues$119,202$112,281$4,407
Condominium rights and unit cost of sales(3,134)
Master Planned Communities cost of sales(34,742)
Operating costs(35,277)(13,135)(4,434)
Rental property real estate taxes(15,707)(521)
(Provision for) recovery of doubtful accounts59
Segment operating income (loss)68,27764,404(3,682)
Depreciation and amortization(45,578)(65)(2,057)

Item 1. Financial Statements

FAQ

What is Howard Hughes's operating assets segment — revenue?
Howard Hughes (HHH) reported operating assets segment — revenue of $119.2M in Q1 2026.
How has Howard Hughes's operating assets segment — revenue changed year-over-year?
Howard Hughes's operating assets segment — revenue increased by 4.6% year-over-year, from $114M to $119.2M.
What is the long-term trend for Howard Hughes's operating assets segment — revenue?
Over 3 years (2021 to 2025), Howard Hughes's operating assets segment — revenue has grown at a 1.7% compound annual growth rate (CAGR), from $442.7M to $465.57M.
What does operating assets segment — revenue mean?
This represents the total gross income generated by the Operating Assets segment, primarily derived from rental income, service fees, and other property-related activities. It is a key indicator of the segment's market demand and the revenue-generating capacity of the commercial and retail portfolio. Growth in this metric reflects successful leasing strategies and effective asset management.

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