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Howard Hughes HHH Strategic Developments Segment — CapEx

Other segment segments

Operating Assets Segment
$9.91M+10.4%
MPC Segment
$74K-1.3%

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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 strategic developments segment — capex?
Howard Hughes (HHH) reported strategic developments segment — capex of $23.3M in Q1 2026.
How has Howard Hughes's strategic developments segment — capex changed year-over-year?
Howard Hughes's strategic developments segment — capex decreased by 56.7% year-over-year, from $53.83M to $23.3M.
What is the long-term trend for Howard Hughes's strategic developments segment — capex?
Over 2 years (2023 to 2025), Howard Hughes's strategic developments segment — capex has grown at a -13.0% compound annual growth rate (CAGR), from $233.67M to $176.69M.
What does strategic developments segment — capex mean?
This metric quantifies the cash outflows invested in the development, redevelopment, and improvement of properties within the Strategic Developments segment. It reflects the company's commitment to enhancing asset value and expanding its future revenue-generating capacity. High levels of expenditure indicate active growth and construction phases, while lower levels may suggest a shift toward stabilization or asset harvesting.

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