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HHH · NYSE · United States · Real Estate Investment Trusts
In shortHoward Hughes Holdings Inc. is profitable, generates cash and carries moderate debt, with revenue shrinking (−15.8% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 22.5% | 92/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 8.4% | 54/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 3.8% | 19/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 2.9% | 19/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | – | n/a |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.35× | 36/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 7.07× | 0/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 1.95× | 4/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 28.3% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 3.37× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 5 | 50/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 4 | 17/100 |
| Revenue growth volatility | 57.5% | 0/100 |
| Operating margin volatility | 5.8% | 57/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -0.3% | 15/100 |
|---|---|---|
| EPS growth, 3-year average | -15.4% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,428 | 1,489 | 909 | 1,751 | 1,475 |
| Operating income | 242 | 424 | 216 | 560 | 332 |
| Interest expense | 130 | 111 | 157 | 165 | 170 |
| Pre-tax income | 64 | 335 | 110 | 365 | 161 |
| Income tax | 15 | 82 | 26 | 80 | 38 |
| Net income | 56 | 185 | (552) | 198 | 124 |
| Diluted EPS | $1.03 | $3.65 | −$11.12 | $3.96 | $2.21 |
| Diluted shares (millions) | 55 | 51 | 50 | 50 | 56 |
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026