← Howard Hughes Holdings Inc.
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| Total Revenue | $369.3m |
$399.1m
+8.06%
|
$405.4m
+1.57%
|
$422.1m
+4.13%
|
$441.4m
+4.58%
|
$2.4b
+437.54%
|
|
| Cost of sales | $567.8m |
$603.4m
+6.27%
|
$195.5m
-67.61%
|
$751.8m
+284.60%
|
$558.1m
-25.76%
|
$1.5b
+174.61%
|
|
| Gross Profit | $860.1m |
$1.0b
+16.86%
|
$828.6m
-17.55%
|
$998.9m
+20.55%
|
$916.8m
-8.22%
|
$840.3m
-8.34%
|
|
| General and administrative | $82.0m | $81.8m | $91.2m | $91.8m | $122.2m | $127.1m | |
| Operating costs | $294.0m | $317.4m | $337.0m | $208.6m | $213.4m | — | |
| Operating income (loss) | $241.9m |
$369.1m
+52.62%
|
($528.2m)
-243.09%
|
$559.9m
+206.00%
|
$331.5m
-40.79%
|
$478.0m
+44.20%
|
|
| Interest expense | ($130.0m) | ($110.9m) | ($157.0m) | ($164.9m) | ($169.9m) | $172.7m | |
| Interest income | $107k | $3.8m | $25.8m | $25.3m | $47.0m | $59.0m | |
| Gain (loss) on sale or disposal of real estate and other assets, net | $53.1m | $29.7m | $24.2m | $22.9m | $29.8m | — | |
| Gain (loss) on extinguishment of debt | ($38.0m) | ($2.4m) | ($144k) | ($465k) | ($698k) | — | |
| Gain (loss) on sale of MUD receivables | — | $0 | $0 | ($48.7m) | ($48.2m) | — | |
| Other income (loss), net | ($11.5m) | $1.9m | $4.3m | $92.1m | ($16.0m) | — | |
| Income (loss) from continuing operations before income taxes | $64.1m | $245.1m | ($715.3m) | $365.4m | $161.5m | $380.7m | |
| Income tax expense (benefit) | $15.2m | $60.5m | ($163.7m) | $80.2m | $37.6m | $90.6m | |
| Net income (loss) from continuing operations | — | $252.7m | $83.4m | $285.2m | $123.8m | $292.1m | |
| Net income (loss) from discontinued operations, net of tax | — | ($68.1m) | ($634.9m) | ($88.2m) | $0 | $292.1m | |
| Net income (loss) | $48.9m |
$184.6m
+277.39%
|
($551.5m)
-398.71%
|
$197.0m
+135.72%
|
$123.8m
-37.13%
|
$292.1m
+135.86%
|
|
| Net income (loss) attributable to common stockholders | $56.1m |
$184.5m
+228.94%
|
($551.8m)
-399.01%
|
$197.7m
+135.83%
|
$123.9m
-37.33%
|
$292.1m
+135.76%
|
|
| Basic income (loss) per share — continuing operations (in dollars per share) | — | $5.00 | $1.68 | $5.75 | $2.22 | — | |
| Basic income (loss) per share — discontinued operations (in dollars per share) | — | ($1.35) | ($12.81) | ($1.78) | $0.00 | — | |
| Basic income (loss) per share attributable to common stockholders (in dollars per share) | $1 | $4 | ($11) | $4 | $2 | — | |
| Diluted income (loss) per share — continuing operations (in dollars per share) | — | $5.00 | $1.68 | $5.73 | $2.21 | — | |
| Diluted income (loss) per share — discontinued operations (in dollars per share) | — | ($1.35) | ($12.80) | ($1.77) | $0.00 | — | |
| Diluted income (loss) per share attributable to common stockholders (in dollars per share) | $1 | $4 | ($11) | $4 | $2 | — | |
| Rental property real estate taxes | $55.4m | $54.0m | $57.6m | $58.4m | $60.8m | — | |
| Provision for (recovery of) doubtful accounts | ($459k) | $2.0m | ($2.6m) | $504k | $232k | — | |
| Depreciation and amortization | $205.1m | $200.4m | $216.1m | $179.8m | $183.2m | $199.0m | |
| Other | $10.7m | $12.0m | $13.4m | $15.0m | $19.1m | — | |
| Equity in earnings (losses) from unconsolidated ventures | ($9.9m) | ($14.5m) | ($55.7m) | ($5.8m) | $1.8m | — | |
| Net (income) loss attributable to noncontrolling interests | $7.2m | ($103k) | ($243k) | $711k | $54k | $292.1m | |
| Total expenses | $1.2b | $1.3b | $908.3m | $1.3b | $1.2b | $1.9b | |
| Total other | $28.5m | $31.6m | ($644.0m) | $115.0m | $13.8m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.