Howard Hughes Holdings Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Property Revenue	479.17	466.86	429.87	424.59	521.95
Service and Other Revenue	1,292	1,284	478.88	1,065	905.95
Revenue	1,771	1,751	908.75	1,489	1,428
Revenue Growth (YoY)	80.45%	92.65%	-38.99%	4.31%	-
Property Expenses	211.31	208.58	205.45	191.86	294
Service and Other Expenses	748.68	751.77	195.47	603.45	567.83
Total Property Expenses	959.99	960.34	400.92	795.31	861.83
Property Taxes	59.74	58.4	55.65	52.12	55.4
Gross Profit	751.21	731.95	452.18	642.06	510.68
Selling, General & Admin	105.43	92.26	83.91	82.4	81.53
Depreciation & Amortization Expenses	178.52	179.8	168.73	154.61	205.1
Other Operating Expenses	16.39	15	13.3	11.92	23.74
Operating Income	450.88	444.89	186.24	393.14	200.31
Net Gains on Disposal of Properties	33.5	22.91	24.16	29.68	53.08
Interest Income	24.07	19.52	51.28	25.54	-9.75
Interest Expense	-170.92	-164.93	-157.58	-112.5	-130.04
Other Non-Operating Income (Expense)	90.26	141.24	5.92	3.8	26.5
Total Non-Operating Income (Expense)	-23.09	18.74	-76.22	-53.48	-60.2
Pretax Income	330.37	365.4	109.83	334.91	140.11
Provision for Income Taxes	72.76	80.18	26.42	82.2	15.15
Net Income	227.48	197.7	-551.77	184.53	56.1
Minority Interest in Earnings	0.31	0.71	-0.24	-0.1	7.18
Earnings From Discontinued Operations	-30.45	-88.22	-634.94	-68.07	-
Net Income to Common	227.48	197.7	-551.77	184.53	56.1
Net Income Growth	-	-	-	228.94%	-
Shares Outstanding (Basic)	51	50	50	51	55
Shares Outstanding (Diluted)	51	50	50	51	55
Shares Change (YoY)	3.17%	0.60%	-1.86%	-7.49%	-
EPS (Basic)	6.37	5.75	1.68	5.00	1.03
EPS (Diluted)	6.35	5.73	1.68	5.00	1.03
EPS Growth	122.03%	241.07%	-66.40%	385.44%	-
Free Cash Flow	255.16	75.09	-542.97	11.64	-596.43
Free Cash Flow Growth	239.81%	-	-	-	-
Free Cash Flow Per Share	4.97	1.50	-10.94	0.23	-10.91
Gross Margin	42.42%	41.81%	49.76%	43.11%	35.76%
Operating Margin	25.46%	25.41%	20.49%	26.39%	14.03%
Profit Margin	14.55%	16.29%	9.18%	16.97%	8.75%
FCF Margin	14.41%	4.29%	-59.75%	0.78%	-41.77%
EBITDA	634.66	630.4	359.58	550.62	406.48
EBITDA Margin	35.84%	36.01%	39.57%	36.97%	28.47%
EBIT	450.88	444.89	186.24	393.14	200.31
EBIT Margin	25.46%	25.41%	20.49%	26.39%	14.03%
Effective Tax Rate	22.02%	21.94%	24.05%	24.54%	10.82%

Updated Jun 30, 2025. Data Source: Fiscal.ai. Real Estate template. Financial Sources.

SEC Filings: 10-K · 10-Q