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Howard Hughes HHH Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Operating margin22.1%-0.4pp22.5%-8.4pp30.9%-1.6pp32.4%-0.7pp33.2%+1.2pp
Net margin8%-0.4pp8.4%-6.6pp15%+2.1pp12.8%-1.7pp14.5%+3.2pp
Returns
Return on equity3.7%-0.1pp3.8%-4.8pp8.6%+1.7pp6.9%-2.2pp9.1%+2.2pp
Return on invested capital15.6%+4.4pp11.2%-12.5pp23.8%+1.4pp22.3%-0.2pp22.6%+1.4pp
Efficiency
Asset turnover0.1×0.0×0.1×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-4.8×-1.9×-2.8×-0.2×-2.6×-0.3×-2.4×-1.3×-1.1×-0.3×
Valuation
Market capitalization$3.77B-20.4%$4.74B-2.9%$4.88B+23.1%$3.96B+6.2%$3.73B-3.2%
Price / earnings31×-7.2×38.2×+20.4×17.8×+0.4×17.4×+3.1×14.3×-5.2×
Price / sales2.5×-0.7×3.2×+0.6×2.7×+0.4×2.2×+0.2×2.1×-0.1×
Price / book-0.3×1.3×0.0×1.3×+0.2×1.1×-0.3×1.3×0.0×
EV / EBITDA2.5×-3.9×6.4×+2.5×3.9×+1.0×2.9×-0.9×3.7×-0.7×

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Questions, answered.

Where do Howard Hughes's ratios come from?
Every ratio is computed from Howard Hughes's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.