Howard Hughes HHH Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Business | ||||||
| MPC Segment | $662.68M+4.4% | $634.86M+7.8% | $588.99M+11.1% | $530.02M-5.1% | $558.5M+6.8% | |
| Operating Assets Segment | $470.77M+1.1% | $465.57M+1.2% | $460.15M+0.7% | $456.99M+1.3% | $451.3M+1.6% | |
| Strategic Developments Segment | $377.92M+0.9% | $374.36M-52.3% | $784.82M+0.1% | $783.86M0.0% | $783.66M0.0% | |
| Other income (loss), net by Business | ||||||
| MPC Segment | $1.98M+1,550% | $120K+122% | $54K+54.3% | $35K— | $0— | |
| Operating Assets Segment | $2.48M+9.5% | $2.27M+183% | $801K+109% | $384K+31.5% | $292K-67.4% | |
| Strategic Developments Segment | -$18.11M+2.0% | -$18.49M-1,425% | $1.4M-98.4% | $89.42M+0.2% | $89.27M-1.4% | |
| Income (loss) before income taxes by Business | ||||||
| MPC Segment | $497.21M+4.4% | $476.1M+11.4% | $427.57M+16.4% | $367.32M-5.4% | $388.15M+11.2% | |
| Operating Assets Segment | -$34.61M-26.2% | -$27.43M-83.1% | -$14.98M+27.4% | -$20.62M+11.4% | -$23.27M+18.2% | |
| Strategic Developments Segment | -$19.34M-39.1% | -$13.9M-106% | $224.59M-22.8% | $290.94M+1.4% | $287.02M+1.5% | |
| Total Assets by Business | ||||||
| MPC Segment | $13.76B+1.0% | $13.63B+0.8% | $13.51B+0.7% | $13.42B-1.3% | $13.59B0.0% | |
| Operating Assets Segment | $14.28B+0.7% | $14.18B+0.4% | $14.12B-0.1% | $14.14B-1.0% | $14.28B-0.2% | |
| Strategic Developments Segment | $9.54B+5.9% | $9.01B+6.4% | $8.47B+2.2% | $8.29B+2.2% | $8.11B+1.7% | |
| Operating Income (Loss) Before Other Items by Business | ||||||
| MPC Segment | $419.01M+4.5% | $400.85M+8.8% | $368.46M+19.6% | $308.13M-4.7% | $323.42M+7.4% | |
| Operating Assets Segment | $264.39M+1.2% | $261.3M+1.2% | $258.31M+0.2% | $257.88M+1.5% | $254.05M+1.7% | |
| Strategic Developments Segment | -$19.9M-0.9% | -$19.73M-110% | $197.19M+6.9% | $184.45M-0.4% | $185.22M+2.5% | |
| Interest income (expense), net by Business | ||||||
| MPC Segment | $80.09M+6.6% | $75.16M+12.3% | $66.94M+4.7% | $63.95M+3.1% | $62.01M+2.5% | |
| Operating Assets Segment | -$135.93M+0.5% | -$136.64M+0.1% | -$136.84M+1.9% | -$139.49M0.0% | -$139.48M-0.9% | |
| Strategic Developments Segment | $19.18M+1.7% | $18.85M-1.9% | $19.22M-0.2% | $19.26M+0.2% | $19.23M+3.3% | |
| Rental property real estate taxes by Business | ||||||
| MPC Segment | $0— | $0— | $0— | $0— | $0— | |
| Operating Assets Segment | $59.53M+1.6% | $58.58M+0.1% | $58.52M+2.0% | $57.39M+0.5% | $57.11M+2.1% | |
| Strategic Developments Segment | $2.16M-1.2% | $2.19M-7.7% | $2.37M+0.8% | $2.36M-1.2% | $2.38M-3.9% | |
| Equity in earnings (losses) from unconsolidated ventures by Business | ||||||
| Operating Assets Segment | $6.06M+25.6% | $4.83M-22.5% | $6.23M+56.4% | $3.98M-14.3% | $4.65M-20.2% | |
| Strategic Developments Segment | -$4.75M-1,599% | $317K+7.8% | $294K-17.2% | $355K+16.8% | $304K+18.8% | |
| Operating costs by Business | ||||||
| MPC Segment | $45.44M+0.3% | $45.3M-1.4% | $45.93M-13.3% | $52.98M-1.1% | $53.58M+1.6% | |
| Operating Assets Segment | $146.52M+0.7% | $145.46M+1.6% | $143.1M+1.5% | $140.97M+0.9% | $139.68M+1.1% | |
| Strategic Developments Segment | $23.35M+3.8% | $22.49M+30.3% | $17.27M-0.2% | $17.3M+1.2% | $17.1M-3.2% | |
| D&A by Business | ||||||
| MPC Segment | $362K-11.3% | $408K-2.9% | $420K+0.2% | $419K-4.6% | $439K+0.2% | |
| Operating Assets Segment | $175.29M+1.4% | $172.84M+0.5% | $171.98M+0.7% | $170.82M+0.3% | $170.32M+0.8% | |
| Strategic Developments Segment | $7.48M+13.7% | $6.58M+26.0% | $5.22M+24.5% | $4.19M-40.1% | $6.99M-3.6% | |
| CapEx by Business | ||||||
| MPC Segment | $183K-0.5% | $184K+14.3% | $161K-3.0% | $166K0.0% | $166K-28.4% | |
| Operating Assets Segment | $46.27M+2.1% | $45.33M-11.3% | $51.11M-9.9% | $56.74M-17.5% | $68.81M+7.9% | |
| Strategic Developments Segment | $146.15M-17.3% | $176.69M-17.4% | $213.79M-7.8% | $231.92M-1.3% | $234.9M-1.9% | |
| Provision for (recovery of) doubtful accounts by Business | ||||||
| MPC Segment | $0— | $0— | $0— | $0— | $0— | |
| Operating Assets Segment | $329K+41.8% | $232K+6.4% | $218K-71.0% | $753K+61.2% | $467K-7.3% | |
| Strategic Developments Segment | $0— | $0— | $0— | $0— | $0— | |
| Equity Method Investments by Business | ||||||
| MPC Segment | $235.73M-2.6% | $242.03M-0.7% | $243.81M+0.6% | $242.3M+1.3% | $239.25M+2.2% | |
| Operating Assets Segment | $40.86M+29.8% | $31.48M+13.0% | $27.86M+28.5% | $21.69M+15.7% | $18.74M+0.9% | |
| Strategic Developments Segment | $231.84M-4.5% | $242.86M+0.1% | $242.55M+0.1% | $242.24M+0.2% | $241.87M+0.1% | |
| Ownership Interest by Business | ||||||
| MPC Segment | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%0.0pp | |
| Strategic Developments Segment | 259%+27.0pp | 232%-0.3pp | 232.3%0.0pp | 232.3%0.0pp | 232.3%0.0pp | |
| Revenues from contracts with customers by Product | ||||||
| Builder price participation | $51.74M-1.2% | $52.34M-7.2% | $56.4M+12.8% | $49.98M+2.5% | $48.74M-6.3% | |
| Condominium rights and unit sales | $372.95M+0.8% | $370.16M-52.5% | $779.27M0.0% | $779.13M0.0% | $778.94M0.0% | |
| Master Planned Communities land sales | $590.52M+5.0% | $562.59M+9.7% | $512.9M+10.9% | $462.67M-6.0% | $492.42M+8.7% | |
| Cost of Sales by Product | ||||||
| Condominium rights and unit sales | $372.3M+0.8% | $369.41M-35.0% | $567.99M-2.0% | $579.77M+0.1% | $578.96M-0.6% | |
| Master Planned Communities land sales | $198.23M+5.0% | $188.7M+8.1% | $174.61M+3.4% | $168.91M-6.9% | $181.5M+7.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Howard Hughes break its business down?
- Howard Hughes (HHH) reports revenue by business across 3 parts — MPC Segment, Operating Assets Segment and Strategic Developments Segment. Each is extracted from the segment footnotes and tracked over time.
- Where does Howard Hughes's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Howard Hughes's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.