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Howard Hughes HHH Notes Payable

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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$3.99B+1.0%
Enterprise value$1.5B-55.6%
P/E32.8×+17.7×
P/S2.6×+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:NotesAndLoansPayable.

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 notes payable?
Howard Hughes (HHH) reported notes payable of $5.79B in Q1 2026.
How has Howard Hughes's notes payable changed year-over-year?
Howard Hughes's notes payable increased by 10.3% year-over-year, from $5.25B to $5.79B.
What is the long-term trend for Howard Hughes's notes payable?
Over 3 years (2022 to 2025), Howard Hughes's notes payable has grown at a 2.5% compound annual growth rate (CAGR), from $4.75B to $5.11B.
What does notes payable mean?
The total principal amount of debt obligations evidenced by formal promissory notes, encompassing both short-term and long-term maturities. This metric is a primary measure of the company's financial leverage and debt burden. It is used to evaluate the company's capital structure and its ability to service debt obligations.