Howard Hughes
HHH NYSE· Real Estate Services
Last close · Oct 26, 2026
$73.30
KIRA · Stoqly’s AI analyst, in plain words
- Howard Hughes had $1.5B of revenue in fiscal 2025, down 15.8% on the year before.
- Its operating margin was 22.5%, down 9.5 pts: of every 100 in sales, about 22 is left after running the business.
- Howard Hughes made $124M of net profit in fiscal 2025. From fiscal 2021 to 2025, diluted EPS grew 21.0% a year.
- Free cash flow was $418M in fiscal 2025, 28.3% of revenue.
- Howard Hughes returned $0.0M to shareholders in fiscal 2025, 0% of free cash flow. The diluted share count rose 12.3%.
- Howard Hughes owes $3.6B more than it holds in cash, about 7.1 years of operating profit.
Market cap
$4.3B
P/E
15.0x
Revenue
$1.5B
Net income
$124M
Free cash flow
$418M
Operating margin
22.5%
Howard Hughes in 30 seconds · fiscal 2025
Are sales growing?
−15.8%
No. Sales fell 15.8% last year.
Does it make a profit?
8.4%
A little. It keeps 8.4% of every sale as profit.
Does profit turn into cash?
28.3%
Yes. 28.3% of sales ends up as free cash.
Is debt under control?
7.1x
Heavy. Repaying its debt would take 7.1 years of operating profit.
How is the share priced?
15.0x
One share costs 15.0 times its yearly profit per share. Typical for its sector: 28.2x.
What Howard Hughes does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 19, 2026
- Legal name
- HOWARD HUGHES HOLDINGS INC.
- CIK
- 0001981792
Howard Hughes · HHH
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $1.4B | $1.5B | $909M | $1.8B | $1.5B |
| Revenue growth | — | 4.3% | −39.0% | 92.7% | −15.8% |
| Operating margin | 16.9% | 28.5% | 23.8% | 32.0% | 22.5% |
| Net income | $48.9M | $185M | −$552M | $198M | $124M |
| Net margin | 3.4% | 12.4% | −60.7% | 11.3% | 8.4% |
| Diluted EPS | $1.03 | $3.65 | −$11.12 | $3.96 | $2.21 |
| Cash | |||||
| Cash from operations | −$284M | $325M | −$259M | $397M | $462M |
| Capital expenditure | $35.9M | $43.2M | $40.2M | $47.9M | $44.8M |
| Free cash flow | −$320M | $282M | −$299M | $349M | $418M |
| FCF margin | −22.4% | 18.9% | −32.9% | 19.9% | 28.3% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $81.1M | $404M | $0.0M | $0.0M | $0.0M |
| Share count change | — | −7.5% | −1.9% | 0.6% | 12.3% |
| Debt and strength | |||||
| Cash and short-term investments | $843M | $610M | $630M | $596M | $1.5B |
| Debt incl. finance leases | — | — | $5.3B | $5.1B | $5.1B |
| Shareholders' equity | $3.7B | $3.5B | $3.0B | $2.8B | $3.8B |
| Net debt / EBITDA | — | — | 12.1x | 6.1x | 7.1x |
| Interest coverage | 1.9x | 3.8x | 1.4x | 3.4x | 2.0x |
| Returns and quality | |||||
| Return on capital | — | — | — | 5.8% | 3.4% |
| Return on equity | — | — | −16.9% | 6.9% | 3.8% |
Insiders bought, 12 months
$2.1M
4 insiders
Insiders sold, 12 months
$1.6M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Howard Hughes · HHH
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Howard Hughes HHH | $4.3B | −15.8% | 22.5% | 28.3% | 3.4% | 15.0x | — |
| Zillow ZG | $7.7B | 15.5% | −1.3% | 9.1% | −0.9% | 153.3x | 7 |
| CoStar Group CSGP | $13.6B | 18.7% | −2.2% | 3.8% | −0.6% | 187.2x | 5 |
| Newmark Group NMRK | $2.9B | 20.3% | 7.1% | 4.3% | 8.6% | 14.2x | 7 |
| Compass COMP | $8.2B | 23.7% | −0.9% | 2.9% | — | 161.5x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $73.30 a share, the company is worth $4.3B: 15.0 times its earnings of the last four quarters.
Howard Hughes grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 1 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001981792). Data updated October 23, 2026. For information only — not investment advice. Check the original filings before relying on any figure.