HHH - Howard Hughes Holdings Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$87.50
DETAILS
HIGH:
$95.00
LOW:
$80.00
MEDIAN:
$87.50
CONSENSUS:
$87.50
UPSIDE:
37.38%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||
| Revenue | 1,474.9 | 1,750.7 | 1,024.1 | 1,489.5 | 1,427.9 | 699.5 | 1,300.5 | 1,064.5 | 1,100.1 | 1,035.0 | 797.1 | 634.6 | 474.6 | 376.9 | 275.7 | 142.7 | 136.3 |
| Cost of Revenue | 1,198.8 | 1,018.7 | 590.1 | 847.4 | 917.2 | 489.3 | 866.9 | 719.5 | 711.4 | 636.4 | 495.8 | 366.4 | 306.1 | 244.3 | 196.3 | 111.3 | 103.3 |
| Gross Profit | 276.1 | 732.0 | 434.0 | 642.1 | 510.7 | 210.1 | 433.7 | 345.0 | 388.7 | 398.6 | 301.3 | 268.2 | 168.5 | 132.5 | 79.4 | 31.4 | 33.1 |
| Operating Expenses | |||||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25.5 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 122.2 | 91.8 | 91.2 | 81.8 | 82.0 | 109.4 | 162.5 | 104.6 | 89.9 | 86.6 | 81.3 | 73.6 | 48.5 | 34.4 | 35.2 | 21.5 | 23.0 |
| Other Expenses | (99.6) | 80.3 | 871.0 | 136.1 | 186.8 | 220.3 | 120.8 | (33.6) | (2.9) | 123.2 | 0 | (74.0) | (1.2) | (20.3) | 0 | 0 | 0 |
| Operating Expenses | 22.6 | 172.0 | 962.2 | 217.8 | 268.8 | 329.7 | 283.3 | 238.2 | 221.6 | 176.7 | 182.5 | 101.5 | 57.3 | 60.1 | 52.0 | 543.2 | 725.8 |
| Operating Income | |||||||||||||||||
| Operating Income | 253.5 | 559.9 | (528.2) | 424.2 | 241.9 | (119.6) | 150.3 | 106.8 | 218.5 | 326.8 | 118.8 | 166.7 | 111.2 | 72.5 | 27.5 | (511.9) | (692.7) |
| Interest Expense | 172.9 | 164.9 | 157.0 | 110.9 | 130.0 | 132.3 | 105.4 | 82.0 | 64.6 | 65.7 | 59.7 | 38.6 | 9.8 | 1.0 | 0 | 2.4 | 1.0 |
| Interest Income | 47.0 | 25.3 | 25.8 | 3.8 | 0.1 | 2.4 | 9.8 | 8.5 | 4.0 | 1.4 | 0.6 | 22.5 | 3.2 | 9.4 | 9.9 | 0.4 | 1.7 |
| Profitability | |||||||||||||||||
| EBITDA | 517.5 | 710.4 | (342.2) | 602.2 | 399.3 | 358.2 | 364.7 | 233.4 | 317.6 | 482.4 | 216.5 | 94.7 | (20.3) | (95.2) | 54.1 | (494.9) | (671.1) |
| EBIT | 334.3 | 530.3 | (558.3) | 447.4 | 194.1 | 140.7 | 208.9 | 106.8 | 185.4 | 386.5 | 210.5 | 78.1 | (54.4) | (119.7) | 37.3 | (643.0) | (691.0) |
| Income Before Tax | 161.5 | 365.4 | (80.3) | 334.9 | 64.1 | 8.5 | 103.5 | 73.2 | 120.8 | 320.8 | 150.7 | 39.4 | (64.1) | (120.7) | 130.1 | (654.8) | (692.0) |
| Income Tax Expense | 37.6 | 80.2 | (163.7) | 82.2 | 15.2 | 11.7 | 29.2 | 15.5 | (45.8) | 118.5 | 24.0 | 63.0 | 9.6 | 6.9 | (18.3) | (633.5) | (24.0) |
| Net Income | 123.9 | 197.7 | (551.8) | 184.5 | 56.1 | (26.2) | 74.0 | 57.0 | 168.4 | 202.3 | 126.7 | (23.5) | (73.8) | (128.3) | 147.2 | (69.4) | (703.6) |
| Per Share Data | |||||||||||||||||
| EPS (Basic) | 2.11 | 3.98 | -11.13 | 3.65 | 1.03 | -0.50 | 1.71 | 1.32 | 4.07 | 5.12 | 3.21 | -0.60 | -1.87 | -3.36 | 3.88 | -1.84 | -18.66 |
| EPS (Diluted) | 2.10 | 3.96 | -11.13 | 3.65 | 1.03 | -0.50 | 1.71 | 1.32 | 3.91 | 4.73 | 1.60 | -0.60 | -1.87 | -3.36 | 1.17 | -1.84 | -18.66 |
| Shares Outstanding | 58.8 | 50.1 | 49.6 | 50.5 | 54.6 | 52.3 | 43.1 | 43.0 | 41.4 | 39.5 | 39.5 | 39.5 | 39.4 | 38.1 | 37.9 | 37.7 | 37.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | |||||||||||
| Cash & Cash Equivalents | 1,468.5 | 596.1 | 629.7 | 626.7 | 843.2 | 1,243.0 | 422.9 | 499.7 | 861.1 | 665.5 | 3.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 105.3 | 687.0 | 748.7 | 657.0 | 574.8 | 447.0 | 147.7 | 271.6 | 413.8 | 456.8 | 17.4 |
| Inventory | 0 | 0.5 | 0.7 | 22.5 | 58.5 | 56.9 | 60.7 | 198.4 | (6,597.1) | 0 | 0 |
| Other Current Assets | 28.9 | 402.4 | 994.8 | 472.3 | 455.3 | 142.4 | 587.0 | 242.2 | 120.2 | 61.3 | 7.4 |
| Total Current Assets | 1,602.6 | 1,775.2 | 2,457.1 | 1,845.7 | 1,998.7 | 1,906.8 | 1,231.5 | 1,375.4 | 1,392.3 | 1,492.4 | 163.1 |
| Non-Current Assets | |||||||||||
| Property, Plant & Equipment | 5.2 | 5.8 | 5.5 | 46.9 | 57.0 | 56.3 | 6,829.8 | 15.5 | 17.0 | 17.6 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 1.3 | 0 | 1.3 | 0 | 0 |
| Intangible Assets | 7.9 | 36.4 | 36.9 | 64.9 | 74.0 | 82.1 | 87.0 | 59.8 | 65.9 | 41.5 | 0 |
| Long-Term Investments | 7,540.3 | 169.6 | 182.8 | 2.9 | 2.9 | 2.9 | 121.8 | (7,355.8) | 76.6 | 76.4 | 2,742.2 |
| Other Non-Current Assets | (7,548.2) | 7,224.3 | 6,894.8 | 7,643.0 | 7.9 | 11.8 | 142.4 | 5,905.0 | 19.2 | 13.9 | 0 |
| Total Non-Current Assets | 5.2 | 7,436.1 | 7,119.9 | 7,757.7 | 7,583.0 | 7,233.5 | 7,182.2 | 5,980.4 | 5,336.7 | 4,874.9 | 2,742.2 |
| Total Assets | 10,639.5 | 9,211.2 | 9,577.0 | 9,603.5 | 9,581.7 | 9,140.3 | 8,413.8 | 7,355.8 | 6,729.1 | 6,367.4 | 2,905.2 |
| Current Liabilities | |||||||||||
| Account Payables | 69.0 | 48.3 | 47.6 | 36.2 | 72.8 | 28.6 | 37.5 | 38.7 | 35.9 | 33.0 | 68.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 103.0 | 321.7 | 0.2 | 93.4 | 78.2 | 0 | 0 |
| Deferred Revenue | 0 | 125.8 | 114.4 | 85.0 | 71.9 | 66.7 | 0 | 63.6 | 72.3 | 113.7 | 0 |
| Other Current Liabilities | 0 | 0 | 227.2 | 0 | 346.7 | 78.4 | 560.1 | 237.0 | (78.2) | 160.4 | 0 |
| Total Current Liabilities | 186.6 | 587.6 | 749.6 | 499.3 | 983.2 | 852.3 | 693.2 | 779.3 | 459.8 | 572.0 | 68.1 |
| Non-Current Liabilities | |||||||||||
| Long-Term Debt | 5,114.7 | 5,127.5 | 5,147.0 | 4,747.2 | 4,488.1 | 3,965.7 | 4,136.4 | 3,087.9 | 2,779.7 | 2,690.7 | 208.9 |
| Deferred Tax Liabilities | 164.5 | 142.1 | 84.3 | 254.3 | 204.8 | 187.6 | 0 | 157.2 | 160.8 | 200.9 | 782.8 |
| Other Non-Current Liabilities | 1,160.5 | 506.8 | 531.8 | 445.2 | 0.2 | 258.4 | 180.7 | 29.7 | 43.3 | 218.5 | 342.0 |
| Total Non-Current Liabilities | 6,610.6 | 5,781.8 | 5,768.5 | 5,498.0 | 4,865.4 | 4,573.1 | 4,387.6 | 3,338.4 | 3,080.7 | 3,223.9 | 1,333.6 |
| Total Liabilities | 6,797.2 | 6,369.5 | 6,518.1 | 5,997.4 | 5,848.5 | 5,425.3 | 5,080.8 | 4,117.7 | 3,540.5 | 3,795.9 | 1,401.7 |
| Stockholders' Equity | |||||||||||
| Common Stock | 0.7 | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 | 0.4 | 0 |
| Retained Earnings | (62.1) | (186.0) | (383.7) | 168.1 | (16.5) | (72.6) | (46.4) | (120.3) | (109.5) | (277.9) | 0 |
| Accumulated Other Comprehensive Income | (1.8) | 2.0 | 1.3 | 10.3 | (14.5) | (38.6) | (29.4) | (8.1) | (7.0) | (6.8) | (1.7) |
| Total Stockholders' Equity | 3,775.5 | 2,776.2 | 2,992.9 | 3,540.5 | 3,710.0 | 3,714.6 | 3,148.1 | 3,132.2 | 3,183.0 | 2,567.7 | 1,502.6 |
| Total Liabilities & Equity | 10,639.5 | 9,211.2 | 9,577.0 | 9,603.5 | 9,581.7 | 9,140.3 | 8,413.8 | 7,355.8 | 6,729.1 | 6,367.4 | 2,905.2 |
| Debt Metrics | |||||||||||
| Total Debt | 5,114.7 | 5,132.9 | 5,152.4 | 4,798.5 | 4,660.5 | 4,356.3 | 4,207.0 | 3,181.2 | 2,857.9 | 2,690.7 | 208.9 |
| Net Debt | 3,646.2 | 4,536.8 | 4,522.6 | 4,171.9 | 3,817.3 | 3,113.3 | 3,784.2 | 2,681.5 | 1,996.9 | 2,025.2 | 205.7 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 123.9 | 285.9 | 83.2 | 53.4 | 48.9 | (3.2) | 74.3 | 57.7 | 166.6 | 202.3 |
| Depreciation & Amortization | 0 | 179.8 | 168.7 | 154.8 | 205.2 | 217.4 | 155.2 | 128.2 | 130.9 | 94.0 |
| Stock-Based Compensation | 3.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Working Capital | 256.9 | 78.1 | 248.6 | 50.1 | 92.5 | 137.8 | (66.4) | 130.5 | 621.7 | 321.3 |
| Other Non-Cash Items | 78.4 | (142.8) | (748.7) | 11.2 | (640.9) | (435.8) | 16.9 | (103.4) | (556.7) | (672.4) |
| Operating Cash Flow | 462.4 | 400.9 | (248.2) | 325.3 | (284.0) | (72.9) | 207.7 | 210.5 | 319.0 | 58.9 |
| Investing Activities | ||||||||||
| Capital Expenditure | (21.6) | (50.1) | (47.6) | (2.0) | (1.8) | (1.6) | (7.0) | (4.5) | (7.0) | (9.7) |
| Acquisitions | 0 | 0.2 | 0.2 | 31.2 | (1.2) | (3.9) | (6.1) | (2.6) | (1.1) | 377.5 |
| Purchases of Investments | 0 | (256.5) | (231.0) | (100.4) | 0 | 0 | 0 | (241.0) | (33.4) | (63.0) |
| Sales/Maturities of Investments | 0 | 48.4 | 39.5 | 81.7 | 0 | 0 | 0 | 0 | 88.4 | 25 |
| Other Investing Activities | (219.1) | (30.9) | (104.2) | 176.6 | 104.5 | (423.1) | (1,219.9) | (834.7) | 68.9 | 16.5 |
| Investing Cash Flow | (219.1) | (307.2) | (348.9) | (220.7) | 101.5 | (428.5) | (1,232.9) | (841.8) | (322.7) | (38.6) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (22.9) | (52.4) | 529.2 | 170.5 | 282.5 | 536.0 | 905.6 | 334.2 | 111.1 | 202.2 |
| Stock Repurchased | (3.6) | 0 | 0 | (403.9) | (81.1) | 0 | (53.9) | (58.7) | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | 0 |
| Other Financing Activities | 881.9 | (105.7) | 22.0 | 11.1 | (45.3) | (5.3) | 69.4 | 115.7 | 84.5 | (2.3) |
| Financing Cash Flow | 855.4 | (148.3) | 551.2 | (222.3) | 156.1 | 1,124.3 | 921.1 | 391.2 | 199.2 | 199.9 |
| Cash Position | ||||||||||
| Net Change in Cash | 1,098.7 | (10.7) | (89.7) | (117.7) | (26.4) | 622.9 | (104.1) | (240.1) | 195.5 | 220.2 |
| Cash at Beginning | 998.5 | 1,009.2 | 1,098.9 | 1,216.6 | 1,243.0 | 620.1 | 724.2 | 964.3 | 665.5 | 445.3 |
| Cash at End | 2,097.2 | 998.5 | 1,009.2 | 1,098.9 | 1,216.6 | 1,243.0 | 620.1 | 724.2 | 861.1 | 665.5 |
| Free Cash Flow | 440.8 | 350.9 | (295.7) | 323.2 | (285.8) | (74.5) | 200.8 | 206.0 | 312.1 | 49.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||||||||
| Revenue | 1,474.9 | 1,750.7 | 1,024.1 | 1,489.5 | 1,427.9 | 699.5 | 1,300.5 | 1,064.5 | 1,100.1 | 1,035.0 | 797.1 | 634.6 | 474.6 | 376.9 | 275.7 | 142.7 | 136.3 |
| Gross Profit | 276.1 | 732.0 | 434.0 | 642.1 | 510.7 | 210.1 | 433.7 | 345.0 | 388.7 | 398.6 | 301.3 | 268.2 | 168.5 | 132.5 | 79.4 | 31.4 | 33.1 |
| Operating Income | 253.5 | 559.9 | (528.2) | 424.2 | 241.9 | (119.6) | 150.3 | 106.8 | 218.5 | 326.8 | 118.8 | 166.7 | 111.2 | 72.5 | 27.5 | (511.9) | (692.7) |
| Net Income | 123.9 | 197.7 | (551.8) | 184.5 | 56.1 | (26.2) | 74.0 | 57.0 | 168.4 | 202.3 | 126.7 | (23.5) | (73.8) | (128.3) | 147.2 | (69.4) | (703.6) |
| EPS (Diluted) | 2.10 | 3.96 | -11.13 | 3.65 | 1.03 | -0.50 | 1.71 | 1.32 | 3.91 | 4.73 | 1.60 | -0.60 | -1.87 | -3.36 | 1.17 | -1.84 | -18.66 |
| Balance Sheet | |||||||||||||||||
| Cash & Equivalents | 1,468.5 | 596.1 | 629.7 | 626.7 | 843.2 | 1,243.0 | 422.9 | 499.7 | 861.1 | 665.5 | 3.2 | ||||||
| Total Assets | 10,639.5 | 9,211.2 | 9,577.0 | 9,603.5 | 9,581.7 | 9,140.3 | 8,413.8 | 7,355.8 | 6,729.1 | 6,367.4 | 2,905.2 | ||||||
| Total Debt | 5,114.7 | 5,132.9 | 5,152.4 | 4,798.5 | 4,660.5 | 4,356.3 | 4,207.0 | 3,181.2 | 2,857.9 | 2,690.7 | 208.9 | ||||||
| Stockholders' Equity | 3,775.5 | 2,776.2 | 2,992.9 | 3,540.5 | 3,710.0 | 3,714.6 | 3,148.1 | 3,132.2 | 3,183.0 | 2,567.7 | 1,502.6 | ||||||
| Cash Flow | |||||||||||||||||
| Operating Cash Flow | 462.4 | 400.9 | (248.2) | 325.3 | (284.0) | (72.9) | 207.7 | 210.5 | 319.0 | 58.9 | |||||||
| Capital Expenditure | (21.6) | (50.1) | (47.6) | (2.0) | (1.8) | (1.6) | (7.0) | (4.5) | (7.0) | (9.7) | |||||||
| Free Cash Flow | 440.8 | 350.9 | (295.7) | 323.2 | (285.8) | (74.5) | 200.8 | 206.0 | 312.1 | 49.3 | |||||||