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Howard Hughes HHH Operating Income

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Other financials

Income statement

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Revenue$235.9M+18.4%
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:OperatingIncomeLoss.

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 per share amountsThree Months Ended March 31, 20262025
Gain (loss) on sale or disposal of real estate and other assets, net13,729
Other income (loss), net127(1,367)
Total other12712,362
Operating income (loss)50,67647,930
Interest income14,6636,118
Interest expense(41,790)(41,094)
Gain (loss) on extinguishment of debt(10,226)
Equity in earnings (losses) from unconsolidated ventures(2,640)1,320

Item 1. Financial Statements

FAQ

What is Howard Hughes's operating income?
Howard Hughes (HHH) reported operating income of $50.68M in Q1 2026.
How has Howard Hughes's operating income changed year-over-year?
Howard Hughes's operating income increased by 5.7% year-over-year, from $47.93M to $50.68M.
What is the long-term trend for Howard Hughes's operating income?
Over 3 years (2021 to 2025), Howard Hughes's operating income has grown at a 11.1% compound annual growth rate (CAGR), from $241.87M to $331.52M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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