Howard Hughes Holdings Inc.(HHH)Stock Analysis
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Rank #2,007 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
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.
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% YoYNet Income
+122.5% YoYOperating Income
+53.3% YoYEPS (Diluted)
+119.9% YoYTotal Assets
+11.1% YoYTotal Debt
-3.6% YoYOp. Cash Flow
+278.9% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Revenue | $1.47B +62.3% | $908.8M -39.0% | $1.49B +4.3% | $1.43B | — |
| Net Income | $123.9M +122.5% | $-551.8M -399.0% | $184.5M | — | — |
| Operating Income | $331.5M +53.3% | $216.2M -49.0% | $424.2M +75.4% | $241.9M | — |
| EPS (Diluted) | $2.21 +119.9% | $-11.12 -404.7% | $3.65 +254.4% | $1.03 | — |
| Total Assets | $10.64B +11.1% | $9.58B -0.3% | $9.60B | — | — |
| Total Debt | $5.11B -3.6% | $5.30B | — | — | — |
| Operating Cash Flow | $462.4M +278.9% | $-258.5M -179.5% | $325.3M +214.5% | $-284.0M | — |
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:
Top Institutional Holders of HHH
Pershing Square Capital Management, L.P.
$1.2B18,852,064 shPERSHING SQUARE HOLDCO, L.P.
$569.3M9,000,000 shVANGUARD PORTFOLIO MANAGEMENT LLC
$190.3M3,007,740 shDIMENSIONAL FUND ADVISORS LP
$178.5M2,822,522 shVANGUARD CAPITAL MANAGEMENT LLC
$104.4M1,649,652 shBlackRock, Inc.
$93.6M1,479,435 shWELLS FARGO & COMPANY/MN
$93.0M1,470,378 shAMERICAN CENTURY COMPANIES INC
$78.4M1,239,333 shDONALD SMITH & CO., INC.
$66.0M1,043,822 shLong Focus Capital Management, LLC
$46.4M733,695 sh
| Fund | Value | Shares |
|---|---|---|
| Pershing Square Capital Management, L.P. | $1.2B | 18,852,064 |
| PERSHING SQUARE HOLDCO, L.P. | $569.3M | 9,000,000 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $190.3M | 3,007,740 |
| DIMENSIONAL FUND ADVISORS LP | $178.5M | 2,822,522 |
| VANGUARD CAPITAL MANAGEMENT LLC | $104.4M | 1,649,652 |
| BlackRock, Inc. | $93.6M | 1,479,435 |
| WELLS FARGO & COMPANY/MN | $93.0M | 1,470,378 |
| AMERICAN CENTURY COMPANIES INC | $78.4M | 1,239,333 |
| DONALD SMITH & CO., INC. | $66.0M | 1,043,822 |
| Long Focus Capital Management, LLC | $46.4M | 733,695 |
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Popular Research
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.