HHHHoward Hughes Holdings Inc.(HHH)Stock Analysis

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SEC EDGAR: CIK 1981792HHH stock profile & AI dashboard →

13F Pro Quality Score

38.4/100

Rank #2,007 of 2,879 stocks

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Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

4.2/100

Profitability

70.8/100

Balance Sheet

45.5/100

Earnings Quality

4.6/100

Free Cash Flow

17.8/100

Institutional Flow

71.9/100

Revenue Scale

50.9/100

Dilution Risk

49.5/100

HHH Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Howard Hughes Holdings Inc. (HHH), a Real Estate sector company. 13F Pro's AI-powered ranking engine scores HHH at 38.4/100 on a 32-signal composite quality model, placing it at rank #2,007 of 2,879 stocks — the bottom half of the AI-ranked universe. Areas of concern include revenue growth (4.2) and earnings quality (4.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 49.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Howard Hughes Holdings Inc. reports quarterly revenue of $235.9M, net income of $8.2M, an operating margin of 21.5%. Top institutional holders of HHH by reported 13-F value include Pershing Square Capital Management, L.P., PERSHING SQUARE HOLDCO, L.P., VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. HHH trades on the NYSE exchange and files with the SEC under CIK 1981792. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate HHH daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Howard Hughes Holdings Inc. directly from SEC EDGAR. Howard Hughes Holdings Inc.'s 13F Pro composite quality score has ranged between 8 and 75 since 2024, currently 38.4 — an improving long-term trajectory across 44 quarterly and live scoring snapshots.

Fun facts about Howard Hughes Holdings Inc.

Quirks, history, and lore behind HHH — the kind of stuff that makes a stock memorable.

  • 1
    The Basics
    U.S. real estate company · mid-cap · listed on NYSE · headquartered in Texas.
  • 2
    The Numbers
    Its portfolio spans master-planned communities, commercial properties, and operating assets — a mix that makes it hard to value and easy to underestimate.
  • 3
    The History
    Spun off from General Growth Properties around 2010, it inherited a collection of large-scale, long-horizon community developments that most developers wouldn't touch.
  • 4
    The Secret
    Its crown jewel communities sell residential land to homebuilders rather than homes directly — a low-capital, high-margin model hiding inside a real estate company.
  • 5
    The Lore
    Bill Ackman and Pershing Square have been major long-term backers, calling it a deeply undervalued collection of assets — essentially a city-building operation masquerading as a stock.
  • 6
    The Giveaway
    It literally owns and developed The Woodlands — a massive planned city north of Houston — and its ticker is three letters that once belonged to a very famous aviator and businessman.
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Revenue

Q1 2026

$235.9M

Net Income

Q1 2026

$8.2M

Free Cash Flow

Q1 2026

$-229.4M

Operating Margin

Q1 2026

21.5%

ROIC

Q1 2026

1.3%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+62.3% YoY
$1.47BFY 2025
FY21 $1.43BFY22 $1.49BFY23 $908.8MFY25 $1.47B

Net Income

+122.5% YoY
$123.9MFY 2025
FY21 FY22 $184.5MFY23 $-551.8MFY25 $123.9M

Operating Income

+53.3% YoY
$331.5MFY 2025
FY21 $241.9MFY22 $424.2MFY23 $216.2MFY25 $331.5M

EPS (Diluted)

+119.9% YoY
$2.21FY 2025
FY21 $1.03FY22 $3.65FY23 $-11.12FY25 $2.21

Total Assets

+11.1% YoY
$10.64BFY 2025
FY21 FY22 $9.60BFY23 $9.58BFY25 $10.64B

Total Debt

-3.6% YoY
$5.11BFY 2025
FY21 FY22 FY23 $5.30BFY25 $5.11B

Op. Cash Flow

+278.9% YoY
$462.4MFY 2025
FY21 $-284.0MFY22 $325.3MFY23 $-258.5MFY25 $462.4M

AI Insight: HHH Financial Trends

HHH's Q4 2025 operating income collapsed to $26M from $261M a year earlier, even as full-year equity grew and total debt edged down to $5,110M.

Operating income fell sharply from $261M in Q4 2024 to $26M in Q4 2025, a steep year-over-year deterioration on similar seasonal quarters.

Equity expanded from $2,776M in Q4 2024 to $3,775M in Q4 2025, a $999M improvement over four quarters.

Total debt declined modestly from $5,127M in Q4 2024 to $5,110M in Q4 2025, leaving leverage broadly flat.

Operating cash flow remains volatile: Q1 2025 and Q1 2026 both printed negative ($-225M and $-229M), consistent with seasonal land-sale timing.

Net income swung to $-12M in Q2 2025 and recovered only to $6M in Q4 2025 — profitability consistency remains fragile.

Revenue dropped from $624M in Q4 2025 to $236M in Q1 2026 — monitor whether full-year 2026 cadence recovers toward 2024 levels.

Debt figures are missing for five of eight quarters; full leverage picture is unclear until Q4 2025 debt is confirmed trend-setting.

AI Insight: HHH Ratio Trends

Q4 2025 operating margin collapsed to 4.2% — the weakest quarter in the visible dataset — dragging TTM ROIC down to 8.8% from a Q3 2025 peak of 20.1%.

Operating margin swings violently quarter to quarter: from 48.6% in Q3 2025 to just 4.2% in Q4 2025, signaling lumpy, transaction-driven revenue.

ROIC fell from 20.1% in Q3 2025 to 1.2% in Q4 2025, then partially recovered to 5.4% in Q1 2026 — still well below prior peaks.

D/E improved from 1.85 in Q4 2024 to 1.35 in Q4 2025, the only two quarters with leverage data available.

NPM turned negative at -4.7% in Q2 2025, recovered sharply to 30.6% in Q3 2025, then compressed to 1.0% in Q4 2025 — highly erratic.

Q4 2025 ROIC of 1.2% is the lowest single-quarter read visible; monitor whether Q2 2026 sustains the Q1 2026 partial recovery to 5.4%.

Extreme quarterly margin volatility makes TTM figures (OpMargin 22.1%, ROIC 8.8%) unreliable guides to underlying earnings power.

D/E data is only available for two quarters; broader leverage trend remains opaque and warrants closer monitoring.

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Available Research

13F Pro tracks comprehensive data for Howard Hughes Holdings Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

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Is HHH a good stock to buy?

13F Pro's AI-powered analysis of Howard Hughes Holdings Inc. (HHH) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Real Estate sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for HHH are available on the HHH stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own HHH?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling HHH. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Howard Hughes Holdings Inc.'s investment landscape.