Howard Hughes Corp
Real Estate · Real Estate Investment Trusts · DE · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $1.47B | $156.5M | $908.8M | $1.49B | $1.43B | $699.5M |
| Operating income | $364.9M | $13.3M | $217.3M | $424.2M | $241.9M | −$119.6M |
| Net income | $131.8M | −$51.9M | −$22.7M | $184.6M | $48.9M | −$3.2M |
| Total assets | $9.73B | $9.21B | $9.58B | $9.60B | $9.58B | $9.14B |
| Total liabilities | $6.78B | $6.37B | $6.52B | $6.00B | $5.85B | $5.40B |
| Equity | $2.88B | $2.77B | $2.99B | $3.54B | $3.71B | $3.71B |
| EPS (diluted) | — | — | — | $3.65 | $1.03 | $-0.50 |
| Shares out. | 10 | 10 | 49.8M | 54.1M | 55.1M | 42.7M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 24.7%
- Net margin
- 8.9%
- Return on equity
- 4.6%
- Return on assets
- 1.4%
- Return on capital (ROCE)
- —
- Liabilities / assets
- 69.7%
- Debt / equity
- 2.35×
- Book value / share
- $288406900.00
- Revenue growth (YoY)
- 842.5%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Accruals / assets
- −3.4%clean
- Piotroski F-Score
- 7/8strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 4 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2011
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Entered a material agreement · Delisting / listing-standard notice · Modified shareholder rights · Director / officer change · Amended charter or bylawsAug 11, 2023
- Results of operations · Regulation FD disclosureAug 8, 2023
- Other material eventJul 17, 2023
- Shareholder voteMay 26, 2023
- Results of operations · Regulation FD disclosureMay 8, 2023
- Director / officer changeApr 4, 2023
- Results of operations · Regulation FD disclosureFeb 27, 2023
- Director / officer change · Other material eventFeb 13, 2023
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.