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.

Howard Hughes HHH Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	22.1%-0.4pp	22.5%-8.4pp	30.9%-1.6pp	32.4%-0.7pp	33.2%+1.2pp
Net margin	8%-0.4pp	8.4%-6.6pp	15%+2.1pp	12.8%-1.7pp	14.5%+3.2pp
Returns
Return on equity	3.7%-0.1pp	3.8%-4.8pp	8.6%+1.7pp	6.9%-2.2pp	9.1%+2.2pp
Return on invested capital	15.6%+4.4pp	11.2%-12.5pp	23.8%+1.4pp	22.3%—	——
Efficiency
Asset turnover	0.1×0.0×	0.1×0.0×	0.2×0.0×	0.2×—	——
Leverage
Debt-to-equity	0×0.0×	0×0.0×	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 / earnings	31×-7.2×	38.2×+20.4×	17.8×+0.4×	17.4×—	——
Price / sales	2.5×-0.7×	3.2×+0.6×	2.7×+0.4×	2.2×+0.2×	2.1×-0.1×
Price / book	1×-0.3×	1.3×0.0×	1.3×+0.2×	1.1×-0.3×	1.3×0.0×
EV / EBITDA	2.5×-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.