Howard Hughes Holdings Inc. (HHH) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 235.92M | 624.45M | 390.24M | 260.88M | 199.33M | 983.59M | 327.15M | 283.47M | 156.48M | 312.96M | 228.47M | 223.32M | 196.29M | 482M | 639.55M | 276.71M | 210.23M | 805.68M | 219.19M | 212.46M |
| Revenue Growth % | 18.36% | -36.51% | 19.28% | -7.97% | 27.38% | 214.28% | 43.19% | 26.94% | -20.28% | -35.07% | -64.28% | -19.3% | -6.63% | -40.17% | 191.78% | 30.24% | 10.31% | 277.01% | 41.92% | 36.04% |
| Property Operating Expenses | 204.42M | 809.09M | 186.29M | 111.87M | 91.54M | 651.98M | 149.74M | 122.44M | 79.98M | 130.47M | 102.66M | 144.56M | 114.34M | 293.46M | 411.86M | 149.94M | 119.6M | 524.84M | 128.34M | 123.25M |
| Net Operating Income (NOI) | 31.5M | -184.64M | 203.94M | 149.01M | 107.78M | 331.61M | 177.41M | 161.03M | 76.51M | 182.49M | 125.82M | 78.75M | 81.94M | 188.54M | 227.69M | 126.77M | 90.62M | 280.83M | 90.85M | 89.2M |
| NOI Margin % | 13.35% | -29.57% | 52.26% | 57.12% | 54.07% | 33.71% | 54.23% | 56.81% | 48.89% | 58.31% | 55.07% | 35.27% | 41.75% | 39.12% | 35.6% | 45.81% | 43.11% | 34.86% | 41.45% | 41.99% |
| Operating Expenses | -19.18M | -132.77M | 14.37M | 81.15M | 59.85M | 71.1M | -20.93M | 72.56M | 63.9M | 77.38M | 66.44M | 78.12M | 67M | 52.31M | 70.49M | 63.72M | 77.97M | 78.68M | 41.72M | 63.55M |
| G&A Expenses | 25.76M | 36.97M | 28.28M | 34.55M | 22.44M | 23M | 24.86M | 22.36M | 21.71M | 19.57M | 23M | 20.22M | 23.55M | 20.9M | 19.47M | 15.51M | 25.89M | 20.86M | 19.03M | 20.33M |
| EBITDA | 99.32M | -4.48M | 235.95M | 112.24M | 93.13M | 305.73M | 242.48M | 135.06M | 56.78M | 151.89M | 76.54M | 53.75M | 66.85M | 188.92M | 207.13M | 112.11M | 61.29M | 252.01M | 105.36M | 75.41M |
| EBITDA Margin % | 42.1% | -0.72% | 60.46% | 43.02% | 46.72% | 31.08% | 74.12% | 47.64% | 36.29% | 48.53% | 33.5% | 24.07% | 34.06% | 39.19% | 32.39% | 40.52% | 29.15% | 31.28% | 48.07% | 35.49% |
| Depreciation & Amortization | 48.64M | 47.39M | 46.38M | 44.38M | 45.2M | 45.22M | 44.14M | 46.59M | 44.17M | 46.77M | 17.16M | 53.12M | 51.91M | 52.68M | 49.93M | 49.07M | 48.63M | 49.85M | 56.22M | 49.75M |
| D&A / Revenue % | 20.62% | 7.59% | 11.89% | 17.01% | 22.68% | 4.6% | 13.49% | 16.44% | 28.23% | 14.94% | 7.51% | 23.79% | 26.44% | 10.93% | 7.81% | 17.73% | 23.13% | 6.19% | 25.65% | 23.42% |
| Operating Income | 50.68M | -51.87M | 189.57M | 67.86M | 47.93M | 260.51M | 198.34M | 88.46M | 12.61M | 105.12M | 59.38M | 630K | 14.94M | 136.23M | 157.2M | 63.05M | 12.66M | 202.15M | 49.13M | 25.66M |
| Operating Margin % | 21.48% | -8.31% | 48.58% | 26.01% | 24.05% | 26.49% | 60.63% | 31.21% | 8.06% | 33.59% | 25.99% | 0.28% | 7.61% | 28.26% | 24.58% | 22.79% | 6.02% | 25.09% | 22.42% | 12.08% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 1.25x | 1.11x | 4.61x | 0.64x | 1.35x | 7.93x | 3.44x | 2.34x | 0.28x | 2.20x | - | -0.02x | 0.37x | 3.33x | 6.81x | 2.02x | 1.10x | 5.36x | 1.26x | 1.07x |
| Non-Operating Income | -2.15M | -100.86M | -12.59M | 40.06M | -7.44M | -75.05M | 47.81M | -12.06M | 925K | 3.16M | 16.29M | 1.19M | 710K | 33.26M | -8.7M | 6.2M | -17.65M | 26.11M | 9.41M | -7.85M |
| Pretax Income | 10.68M | 4.78M | 158.3M | -15.9M | 14.27M | 225.27M | 106.72M | 60.91M | -27.5M | 68.28M | 43.47M | -34.51M | -23.91M | 72.04M | 141.53M | 28.7M | 2.87M | 143.21M | 8.17M | 2.07M |
| Pretax Margin % | 4.53% | 0.77% | 40.57% | -6.09% | 7.16% | 22.9% | 32.62% | 21.49% | -17.57% | 21.82% | 19.03% | -15.45% | -12.18% | 14.95% | 22.13% | 10.37% | 1.37% | 17.77% | 3.73% | 0.97% |
| Income Tax | 2.62M | -897K | 38.9M | -3.82M | 3.44M | 62.95M | 10.2M | 13.54M | -6.5M | 15.44M | 11.41M | -15.37M | -1.28M | 18.68M | 33.86M | 7.26M | 701K | 31.86M | 6.05M | -1.55M |
| Effective Tax Rate % | 24.51% | -18.76% | 24.57% | 24.04% | 24.07% | 27.94% | 9.55% | 22.23% | 23.64% | 22.62% | 26.25% | 44.54% | 5.35% | 25.93% | 23.92% | 25.31% | 24.41% | 22.25% | 74.08% | -74.99% |
| Net Income | 8.23M | 6M | 119.51M | -12.14M | 10.53M | 156.32M | 72.77M | 21.09M | -52.48M | 34.3M | -544.18M | -19.14M | -22.75M | 52.75M | 108.1M | 21.56M | 2.12M | 113.8M | 4.05M | 4.84M |
| Net Margin % | 3.49% | 0.96% | 30.62% | -4.66% | 5.28% | 15.89% | 22.24% | 7.44% | -33.54% | 10.96% | -238.18% | -8.57% | -11.59% | 10.94% | 16.9% | 7.79% | 1.01% | 14.12% | 1.85% | 2.28% |
| Net Income Growth % | -21.9% | -96.16% | 64.23% | -157.58% | 120.07% | 355.79% | 113.37% | 210.18% | -130.72% | -34.99% | -603.42% | -188.77% | -1171.87% | -53.65% | 2567.06% | 345.45% | 103.19% | 1812.31% | -97.1% | 114.2% |
| Funds From Operations (FFO) | 56.87M | 53.39M | 165.89M | 32.24M | 55.73M | 201.54M | 116.91M | 67.68M | -8.3M | 81.07M | -527.02M | 33.98M | 29.16M | 105.43M | 158.03M | 70.63M | 50.76M | 163.65M | 60.27M | 54.59M |
| FFO Margin % | 24.1% | 8.55% | 42.51% | 12.36% | 27.96% | 20.49% | 35.74% | 23.88% | -5.31% | 25.9% | -230.67% | 15.22% | 14.86% | 21.87% | 24.71% | 25.53% | 24.14% | 20.31% | 27.5% | 25.7% |
| FFO Growth % | 2.03% | -73.51% | 41.89% | -52.36% | 771.24% | 148.61% | 122.18% | 99.19% | -128.47% | -23.11% | -433.5% | -51.89% | -42.54% | -35.58% | 162.17% | 29.38% | 393.94% | 228.27% | -68.62% | 324.47% |
| FFO per Share | 0.96 | 0.90 | 2.81 | 0.58 | 1.11 | 4.03 | 2.35 | 1.36 | -0.17 | 1.64 | -10.62 | 0.69 | 0.59 | 2.14 | 3.19 | 1.39 | 0.97 | 3.01 | 1.08 | 0.98 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | 0.14 | 0.10 | 2.02 | -0.22 | 0.21 | 3.14 | 1.46 | 0.42 | -1.06 | 0.69 | -10.97 | -0.39 | -0.46 | 1.07 | 2.19 | 0.42 | 0.04 | 2.09 | 0.07 | 0.09 |
| EPS Growth % | -33.33% | -96.82% | 38.36% | -152.38% | 119.81% | 355.07% | 113.31% | 207.69% | -130.43% | -35.51% | -600.91% | -192.86% | -1238.61% | -48.8% | 3028.57% | 366.67% | 103.37% | 1841.67% | -97.21% | 114.75% |
| EPS (Basic) | 0.14 | 0.10 | 2.03 | -0.22 | 0.21 | 3.15 | 1.46 | 0.42 | -1.06 | 0.69 | -10.97 | -0.39 | -0.46 | 1.07 | 2.19 | 0.42 | 0.04 | 2.09 | 0.07 | 0.09 |
| Diluted Shares Outstanding | 59.12M | 59.12M | 59.12M | 55.33M | 50.16M | 50.02M | 49.73M | 49.73M | 49.66M | 49.57M | 49.62M | 49.58M | 49.45M | 49.3M | 49.47M | 50.82M | 52.5M | 54.45M | 55.76M | 55.76M |