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Howard Hughes HHH Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
MPC Segment$634.86M+21.4%$522.93M+16.6%$448.45M
Operating Assets Segment$465.57M+4.8%$444.3M+3.8%$427.84M
Strategic Developments Segment$374.36M-52.2%$783.4M+1,467%$49.99M
Other income (loss), net by Business
MPC Segment$120K$0+100%-$103K
Operating Assets Segment$2.27M+153%$896K-56.7%$2.07M
Strategic Developments Segment-$18.49M-120%$90.53M+13,021%$690K
Income (loss) before income taxes by Business
MPC Segment$476.1M+36.4%$349.13M+2.3%$341.42M
Operating Assets Segment-$27.43M+3.6%-$28.46M+7.7%-$30.83M
Strategic Developments Segment-$13.9M-105%$282.81M+1,690%-$17.78M
Total Assets by Business
MPC Segment$13.63B+0.3%$13.59B
Operating Assets Segment$14.18B-0.9%$14.31B
Strategic Developments Segment$9.01B+13.0%$7.97B
Operating Income (Loss) Before Other Items by Business
MPC Segment$400.85M+33.2%$301M+18.0%$254.98M
Operating Assets Segment$261.3M+4.6%$249.71M+7.4%$232.45M
Strategic Developments Segment-$19.73M-111%$180.67M+693%-$30.49M
Interest income (expense), net by Business
MPC Segment$75.16M+24.3%$60.47M-5.9%$64.29M
Operating Assets Segment-$136.64M+1.1%-$138.21M-9.4%-$126.31M
Strategic Developments Segment$18.85M+1.3%$18.6M+15.7%$16.07M
Rental property real estate taxes by Business
MPC Segment$0$0$0$0
Operating Assets Segment$58.58M+4.8%$55.92M+6.5%$52.5M+2.8%$51.07M
Strategic Developments Segment$2.19M-11.7%$2.48M-21.2%$3.15M+199%$1.05M
Equity in earnings (losses) from unconsolidated ventures by Business
Operating Assets Segment$4.83M-17.0%$5.82M
Strategic Developments Segment$317K+23.8%$256K+80.3%$142K
Operating costs by Business
MPC Segment$45.3M-14.1%$52.74M-1.3%$53.42M-1.9%$54.44M
Operating Assets Segment$145.46M+5.3%$138.17M+6.2%$130.13M+9.9%$118.42M
Strategic Developments Segment$22.49M+27.3%$17.67M-19.3%$21.91M+15.3%$19M
D&A by Business
MPC Segment$408K-6.8%$438K+4.8%$418K
Operating Assets Segment$172.84M+2.2%$169.04M+1.9%$165.84M
Strategic Developments Segment$6.58M-9.3%$7.26M+83.1%$3.96M
CapEx by Business
MPC Segment$184K-20.7%$232K-33.9%$351K
Operating Assets Segment$45.33M-28.9%$63.78M+43.8%$44.34M
Strategic Developments Segment$176.69M-26.2%$239.47M+2.5%$233.67M
Provision for (recovery of) doubtful accounts by Business
MPC Segment$0$0$0$0
Operating Assets Segment$232K-54.0%$504K+118%-$2.76M-539%$629K
Strategic Developments Segment$0$0$0$0
Equity Method Investments by Business
MPC Segment$242.03M+3.4%$234.08M
Operating Assets Segment$31.48M+69.4%$18.58M
Strategic Developments Segment$242.86M+0.5%$241.56M
Ownership Interest by Business
MPC Segment200%0.0pp200%
Strategic Developments Segment232%-0.3pp232.3%
Revenues from contracts with customers by Product
Builder price participation$52.34M+0.6%$52.02M-14.7%$60.99M
Condominium rights and unit sales$370.16M-52.5%$778.62M+1,532%$47.71M
Master Planned Communities land sales$562.59M+24.1%$453.2M+22.4%$370.19M
Cost of Sales by Product
Condominium rights and unit sales$369.41M-36.6%$582.57M+933%$56.39M
Master Planned Communities land sales$188.7M+11.5%$169.19M+20.8%$140.05M

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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.