Howard Hughes Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	489.81	466.86	429.87	424.59	521.95
Service and Other Revenue	985.08	1,284	478.88	1,065	905.95
Revenue	1,475	1,751	908.75	1,489	1,428
Revenue Growth (YoY)	-15.75%	92.65%	-38.99%	4.31%	-
Property Expenses	213.45	208.58	205.45	191.86	294
Service and Other Expenses	558.11	751.77	195.47	603.45	567.83
Total Property Expenses	771.56	960.34	400.92	795.31	861.83
Property Taxes	60.77	58.4	55.65	52.12	55.4
Gross Profit	642.56	731.95	452.18	642.06	510.68
Selling, General & Admin	89.14	88.63	82.86	82.4	81.53
Depreciation & Amortization Expenses	183.23	179.8	168.73	154.61	205.1
Other Operating Expenses	5.34	-100.03	-16.68	-19.18	-17.83
Operating Income	364.85	563.55	217.28	424.24	241.87
Net Gains on Disposal of Properties	29.83	22.91	24.16	29.68	53.08
Interest Income	24.34	19.52	51.28	25.54	-9.75
Interest Expense	-169.93	-164.93	-157.58	-112.5	-130.04
Other Non-Operating Income (Expense)	32.87	141.24	5.92	3.8	26.5
Total Non-Operating Income (Expense)	-82.89	18.74	-76.22	-53.48	-60.2
Pretax Income	170.37	369.02	110.88	334.91	64.08
Provision for Income Taxes	38.54	80.96	26.65	82.2	15.15
Net Income	131.89	200.55	-550.95	184.53	56.1
Minority Interest in Earnings	-0.05	-0.71	0.24	0.1	-7.18
Earnings From Discontinued Operations	-	-88.22	-634.94	-68.07	-
Net Income to Common	131.89	200.55	-550.95	184.53	56.1
Net Income Growth	-34.24%	-	-	228.94%	-
Shares Outstanding (Basic)	56	50	50	51	55
Shares Outstanding (Diluted)	56	50	50	51	55
Shares Change (YoY)	12.29%	0.60%	-1.86%	-7.49%	-
EPS (Basic)	2.22	3.98	-11.13	5.00	1.03
EPS (Diluted)	2.21	3.96	-11.12	5.00	1.03
EPS Growth	-44.19%	-	-	385.44%	-
Free Cash Flow	224.01	77.13	-540.72	11.64	-596.43
Free Cash Flow Growth	190.45%	-	-	-	-
Free Cash Flow Per Share	4.00	1.55	-10.90	0.23	-10.91
Gross Margin	43.57%	41.81%	49.76%	43.11%	35.76%
Operating Margin	24.74%	32.19%	23.91%	28.48%	16.94%
Profit Margin	17.88%	27.87%	-51.33%	29.36%	3.43%
FCF Margin	15.19%	4.41%	-59.50%	0.78%	-41.77%
EBITDA	554.67	749.05	390.61	581.72	448.05
EBITDA Margin	37.61%	42.79%	42.98%	39.05%	31.38%
EBIT	364.85	563.55	217.28	424.24	241.87
EBIT Margin	24.74%	32.19%	23.91%	28.48%	16.94%
Effective Tax Rate	22.62%	21.94%	24.03%	24.54%	23.65%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q