Howard Hughes Holdings Inc. (HHH) Financial Statements
Industry: Real Estate Investment Trusts
In fiscal 2025, Howard Hughes reported revenue of $1.47B, down 15.8% from $1.75B the year before. Net income was $123.9M (a 8.4% net margin), or $2.21 per diluted share. Gross margin was 21.5% and operating margin was 22.5%. Operating activities generated $462.4M of cash. At fiscal year end, Howard Hughes held $10.64B in total assets against $6.80B in total liabilities, including $1.47B of cash and equivalents.
Open the full interactive Howard Hughes financials → Quarterly statements, key ratios, valuation history and price charts.
Howard Hughes Key Stats
| Share Price | $72.49 |
|---|---|
| Market Cap | $4.29B |
| P/E Ratio | 32.8 |
| Revenue YoY Growth | -15.8% |
| 52-Week Range | $60.22 – $89.85 |
| Shares Outstanding | 59.0 million (basic, 2026 Q2) |
Howard Hughes Income Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Revenue | $1.02B | $1.75B | $1.47B |
| Cost of Goods Sold | $908.3M | $1.31B | $1.16B |
| Gross Profit | $115.8M | $444.9M | $317.7M |
| Operating Income | -$528.2M | $559.9M | $331.5M |
| Pre-Tax Income | -$715.3M | $365.4M | $161.5M |
| Income Tax | -$163.7M | $80.2M | $37.6M |
| Net Income | -$551.8M | $197.7M | $123.9M |
| Diluted EPS | -$11.13 | $3.96 | $2.21 |
Howard Hughes Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $390.2M | $624.4M | $235.9M | $1.12B |
| Net Income | $119.5M | $6.0M | $8.2M | $158.4M |
| Diluted EPS | $2.02 | $0.11 | $0.14 | $2.68 |
Howard Hughes Balance Sheet
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash & Equivalents | $631.5M | $596.1M | $1.47B |
| Total Assets | $9.58B | $9.21B | $10.64B |
| Total Long-Term Debt | $5.30B | $5.13B | $5.11B |
| Total Liabilities | $6.52B | $6.37B | $6.80B |
| Shareholders' Equity | $2.99B | $2.78B | $3.78B |
Howard Hughes Cash Flow Statement
| FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|
| Cash From Operations | -$258.5M | $396.6M | $462.4M |
| Cash From Investing | -$336.1M | -$300.8M | -$219.1M |
| Cash From Financing | $548.7M | -$150.4M | $855.4M |
Figures from Howard Hughes' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Howard Hughes financials page for every line item.
Howard Hughes Company Profile
| Ticker | HHH |
|---|---|
| Exchange | NYSE |
| Industry | Real Estate Investment Trusts |
| Headquarters | The Woodlands, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001981792 |
Frequently Asked Questions
What was Howard Hughes' revenue in fiscal 2025?
Howard Hughes (HHH) reported revenue of $1.47B for fiscal 2025.
What is Howard Hughes' annual revenue history?
Howard Hughes' annual revenue by fiscal year: 2023: $1.02B; 2024: $1.75B; 2025: $1.47B.
What was Howard Hughes' net income in fiscal 2025?
Howard Hughes reported net income of $123.9M for fiscal 2025.
What was Howard Hughes' earnings per share (EPS) in fiscal 2025?
Howard Hughes' diluted EPS was $2.21 for fiscal 2025 (adjusted for any later stock splits).
What was Howard Hughes' revenue last quarter?
In its most recent reported quarter (2026 Q2), Howard Hughes reported revenue of $1.12B.
How much debt does Howard Hughes have?
Howard Hughes reported $5.11B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Howard Hughes are outstanding?
Howard Hughes reported a weighted average of 59.0 million basic shares outstanding in 2026 Q2.
What is Howard Hughes' market cap?
Based on its latest closing price, Howard Hughes (HHH) has a market capitalization of about $4.29B.
When does Howard Hughes' fiscal year end?
Howard Hughes' fiscal year end, as registered with the SEC, is December 31.
Where is Howard Hughes headquartered?
Howard Hughes lists its business address in The Woodlands, Texas in its SEC filings.