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Howard Hughes HHH Operating lease income

Operating lease income at other companies

Howard Hughes logo
Howard HughesHHH
$113.55M+4.7%
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$360K+34.8%
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Southern First BancsharesSFST
$2.69K
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SkyWestSKYW
$15.51M-7.1%
Identive logo
IdentiveINVE
$100K

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$4.03B-3.5%
Enterprise value$1.55B-35.1%
P/E33.1×+14.8×
P/S2.7×+0.3×

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:OperatingLeaseLeaseIncomeLeasePayments.

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
REVENUES
Condominium rights and unit sales$3,134$342
Master Planned Communities land sales99,57371,642
Rental revenue113,549108,413
Other revenues10,9799,644
Builder price participation8,6829,287
Total revenues235,917199,328
EXPENSES

Item 1. Financial Statements

FAQ

What is Howard Hughes's operating lease income?
Howard Hughes (HHH) reported operating lease income of $113.55M in Q1 2026.
How has Howard Hughes's operating lease income changed year-over-year?
Howard Hughes's operating lease income increased by 4.7% year-over-year, from $108.41M to $113.55M.
What is the long-term trend for Howard Hughes's operating lease income?
Over 3 years (2021 to 2025), Howard Hughes's operating lease income has grown at a 6.1% compound annual growth rate (CAGR), from $369.33M to $441.45M.
What does operating lease income mean?
This metric represents the total revenue generated from leasing real estate assets to tenants. It serves as a primary indicator of the company's ability to monetize its property portfolio through recurring rental streams. Investors use this to assess the stability and growth potential of the core property operations.

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