5 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.5B | $124M | 0.0% | 22.5% | — | $5.1B | $1.5B |
| 2024 | $1.8B | $198M | 0.0% | 32.0% | — | $5.1B | $596M |
| 2023 | $909M | -$552M | 0.0% | 23.8% | — | $5.3B | $630M |
| 2022 | $1.5B | $185M | 0.0% | 28.5% | — | — | $610M |
| 2021 | $1.4B | — | 0.0% | 16.9% | — | — | $843M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $236M | $8M | 0.0% | 21.5% | — | — | $1.8B |
| Dec '25 | $624M | $6M | 0.0% | 4.2% | — | $5.1B | $1.5B |
| Sep '25 | $390M | $120M | 0.0% | 48.6% | — | — | $1.5B |
| Jun '25 | $261M | -$12M | 0.0% | 26.0% | — | — | $1.4B |
| Mar '25 | $199M | $11M | 0.0% | 24.0% | — | — | $494M |
| Dec '24 | $984M | $156M | 0.0% | 26.5% | — | $5.1B | $596M |
| Sep '24 | $327M | $73M | 0.0% | 60.6% | — | — | $401M |
| Jun '24 | $283M | $21M | 0.0% | 31.2% | — | — | $433M |
| Mar '24 | $156M | -$52M | 0.0% | 8.1% | — | — | $461M |
| Dec '23 | $313M | $34M | 0.0% | 33.6% | — | $5.3B | $630M |
| Sep '23 | $228M | -$544M | 0.0% | 26.0% | — | — | $485M |
| Jun '23 | $186M | -$19M | 0.0% | 7.5% | — | — | $389M |
| Mar '23 | $196M | -$23M | 0.0% | 7.6% | — | — | $418M |
| Dec '22 | $482M | — | 0.0% | 28.3% | — | — | $610M |
| Sep '22 | $640M | — | 0.0% | 24.6% | — | — | $355M |
How the market has priced HHH against its own fundamentals since 2023-08 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 4 years, Howard Hughes Holdings Inc.'s revenue has grown 0.8% per year, and net income declined 12.4% per year. These are computed facts, not advice.
As of FY2025, Howard Hughes Holdings Inc. reported $5.1B of total debt against $1.5B of cash; operating income covered interest expense 2.0×.
In FY2025, gross margin was —, operating margin 22.5%, and net margin 8.4%.
As of Jun '26, Howard Hughes Holdings Inc. traded at a price-to-earnings ratio of about 33.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.