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+18.7% | $634.86M+21.4% | $588.99M-8.8% | $530.02M+0.2% | $558.5M+32.9% | |
| Operating Assets Segment | $470.77M+4.3% | $465.57M+4.8% | $460.15M+6.7% | $456.99M+8.0% | $451.3M+4.0% | |
| Strategic Developments Segment | $377.92M-51.8% | $374.36M-52.2% | $784.82M+26,823% | $783.86M+2,613% | $783.66M+1,675% | |
| Other income (loss), net by Business | ||||||
| MPC Segment | $1.98M— | $120K— | $54K— | $35K— | $0— | |
| Operating Assets Segment | $2.48M+750% | $2.27M+153% | $801K-12.0% | $384K-50.6% | $292K+49.0% | |
| Strategic Developments Segment | -$18.11M-120% | -$18.49M-120% | $1.4M-98.5% | $89.42M+14,828% | $89.27M+14,803% | |
| Income (loss) before income taxes by Business | ||||||
| MPC Segment | $497.21M+28.1% | $476.1M+36.4% | $427.57M-0.9% | $367.32M-1.2% | $388.15M+28.0% | |
| Operating Assets Segment | -$34.61M-48.7% | -$27.43M+3.6% | -$14.98M+72.1% | -$20.62M+44.9% | -$23.27M+15.2% | |
| Strategic Developments Segment | -$19.34M-107% | -$13.9M-105% | $224.59M+224% | $290.94M+3,884% | $287.02M+1,550% | |
| Total Assets by Business | ||||||
| MPC Segment | $13.76B+1.2% | $13.63B+0.3% | $13.51B-0.5% | $13.42B-2.2% | $13.59B— | |
| Operating Assets Segment | $14.28B0.0% | $14.18B-0.9% | $14.12B-0.6% | $14.14B-0.5% | $14.28B— | |
| Strategic Developments Segment | $9.54B+17.7% | $9.01B+13.0% | $8.47B+8.9% | $8.29B+18.6% | $8.11B— | |
| Operating Income (Loss) Before Other Items by Business | ||||||
| MPC Segment | $419.01M+29.6% | $400.85M+33.2% | $368.46M-1.9% | $308.13M+2.0% | $323.42M+37.0% | |
| Operating Assets Segment | $264.39M+4.1% | $261.3M+4.6% | $258.31M+6.3% | $257.88M+9.2% | $254.05M+5.9% | |
| Strategic Developments Segment | -$19.9M-111% | -$19.73M-111% | $197.19M+740% | $184.45M+1,122% | $185.22M+646% | |
| Interest income (expense), net by Business | ||||||
| MPC Segment | $80.09M+29.1% | $75.16M+24.3% | $66.94M+6.0% | $63.95M+1.9% | $62.01M-2.7% | |
| Operating Assets Segment | -$135.93M+2.6% | -$136.64M+1.1% | -$136.84M+1.9% | -$139.49M-3.9% | -$139.48M-7.0% | |
| Strategic Developments Segment | $19.18M-0.2% | $18.85M+1.3% | $19.22M+12.2% | $19.26M+12.1% | $19.23M+6.6% | |
| Rental property real estate taxes by Business | ||||||
| MPC Segment | $0— | $0— | $0— | $0— | $0— | |
| Operating Assets Segment | $59.53M+4.3% | $58.58M+4.8% | $58.52M+6.3% | $57.39M+5.7% | $57.11M+7.9% | |
| Strategic Developments Segment | $2.16M-9.2% | $2.19M-11.7% | $2.37M-11.4% | $2.36M-17.7% | $2.38M-20.6% | |
| Equity in earnings (losses) from unconsolidated ventures by Business | ||||||
| Operating Assets Segment | $6.06M+30.5% | $4.83M-17.0% | $6.23M— | $3.98M— | $4.65M— | |
| Strategic Developments Segment | -$4.75M-1,663% | $317K+23.8% | $294K+22.0% | $355K+95.1% | $304K+72.7% | |
| Operating costs by Business | ||||||
| MPC Segment | $45.44M-15.2% | $45.3M-14.1% | $45.93M-9.2% | $52.98M+1.9% | $53.58M+2.6% | |
| Operating Assets Segment | $146.52M+4.9% | $145.46M+5.3% | $143.1M+7.6% | $140.97M+7.9% | $139.68M+7.2% | |
| Strategic Developments Segment | $23.35M+36.6% | $22.49M+27.3% | $17.27M+0.6% | $17.3M-7.3% | $17.1M-16.9% | |
| D&A by Business | ||||||
| MPC Segment | $362K-17.5% | $408K-6.8% | $420K-2.1% | $419K-0.9% | $439K+4.3% | |
| Operating Assets Segment | $175.29M+2.9% | $172.84M+2.2% | $171.98M+0.8% | $170.82M+1.1% | $170.32M+1.4% | |
| Strategic Developments Segment | $7.48M+6.9% | $6.58M-9.3% | $5.22M-29.2% | $4.19M-43.2% | $6.99M+57.6% | |
| CapEx by Business | ||||||
| MPC Segment | $183K+10.2% | $184K-20.7% | $161K-41.8% | $166K-47.6% | $166K-58.9% | |
| Operating Assets Segment | $46.27M-32.8% | $45.33M-28.9% | $51.11M-5.0% | $56.74M+17.0% | $68.81M+84.9% | |
| Strategic Developments Segment | $146.15M-37.8% | $176.69M-26.2% | $213.79M-10.1% | $231.92M-2.2% | $234.9M+0.5% | |
| Provision for (recovery of) doubtful accounts by Business | ||||||
| MPC Segment | $0— | $0— | $0— | $0— | $0— | |
| Operating Assets Segment | $329K-29.6% | $232K-54.0% | $218K+160% | $753K+161% | $467K+121% | |
| Strategic Developments Segment | $0— | $0— | $0— | $0— | $0— | |
| Equity Method Investments by Business | ||||||
| MPC Segment | $235.73M-1.5% | $242.03M+3.4% | $243.81M+4.9% | $242.3M+2.8% | $239.25M— | |
| Operating Assets Segment | $40.86M+118% | $31.48M+69.4% | $27.86M+81.8% | $21.69M+43.0% | $18.74M— | |
| Strategic Developments Segment | $231.84M-4.1% | $242.86M+0.5% | $242.55M+2.0% | $242.24M+3.5% | $241.87M— | |
| Ownership Interest by Business | ||||||
| MPC Segment | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%0.0pp | 200%— | |
| Strategic Developments Segment | 259%+26.7pp | 232%-0.3pp | 232.3%0.0pp | 232.3%0.0pp | 232.3%— | |
| Revenues from contracts with customers by Product | ||||||
| Builder price participation | $51.74M+6.1% | $52.34M+0.6% | $56.4M+12.1% | $49.98M-11.6% | $48.74M-18.1% | |
| Condominium rights and unit sales | $372.95M-52.1% | $370.16M-52.5% | $779.27M+95,165% | $779.13M+2,810% | $778.94M+1,771% | |
| Master Planned Communities land sales | $590.52M+19.9% | $562.59M+24.1% | $512.9M-11.4% | $462.67M+1.5% | $492.42M+43.5% | |
| Cost of Sales by Product | ||||||
| Condominium rights and unit sales | $372.3M-35.7% | $369.41M-36.6% | $567.99M+3,519% | $579.77M+2,096% | $578.96M+939% | |
| Master Planned Communities land sales | $198.23M+9.2% | $188.7M+11.5% | $174.61M-19.6% | $168.91M-2.3% | $181.5M+38.6% |
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.