The Howard Hughes Corporation (HHC) — Financial statements
Income statement, balance sheet, and cash flow for The Howard Hughes Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,475↓15.8% | 1,751↑70.9% | 1,024↓36.3% | 1,608↑12.6% | 1,428 | |
| Cost of Revenue | 0.00 | 0.00↓100.0% | 614↓37.0% | 975↑5.1% | 928 | |
| Gross Profit | 0.00 | 0.00↓100.0% | 410↓35.3% | 634↑26.7% | 500 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 89↑0.9% | 88↓2.2% | 90↑10.2% | 82↓0.3% | 82 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 89↑0.9% | 88↓2.2% | 90↑10.2% | 82↓0.3% | 82 | |
| Other Expenses | 1,021 | 0.00 | 0.00↓100.0% | 212↓1.7% | 216 | |
| Operating Expenses | 1,110↑1159.6% | 88↓2.2% | 90↓69.4% | 294↓1.3% | 298 | |
| Total Costs & Expenses | 1,110 | 0.00↓100.0% | 704↓44.5% | 1,269↑3.5% | 1,226 | |
| Operating Results | ||||||
| Operating Income | 365↓35.3% | 564↑206.9% | -527↓242.8% | 369↑52.6% | 242 | |
| Depreciation & Amortization | 183↑1.9% | 180↓9.6% | 199↑24.4% | 160↓22.0% | 205 | |
| EBITDA | 524↑76.6% | 296↑144.1% | -672↓230.3% | 516↑29.9% | 397 | |
| EBIT | 340 | 0.00↑100.0% | -871↓344.7% | 356↑83.4% | 194 | |
| Interest & Other Income | ||||||
| Net Interest Income | -147 | 0.00↓100.0% | 183↑270.6% | -107↑17.6% | -130 | |
| Interest Income | 23↓11.0% | 25↓1.6% | 26↑574.4% | 4↑3468.2% | 0.11 | |
| Interest Expense | 170↑203.0% | -165↓5.1% | -157↓241.5% | 111↓14.7% | 130 | |
| Non-Operating Income | 25 | 0.00↓100.0% | 344↑2524.4% | 13↓72.6% | 48 | |
| Other Income / Expenses | -194↑0.0% | -195↓4.0% | -187↓50.9% | -124↓1478.6% | -8 | |
| Income Before Tax | 170↓53.8% | 369↑151.7% | -714↓391.4% | 245↑282.6% | 64 | |
| Income Tax Expense | 39↓52.4% | 81↑149.5% | -164↓370.3% | 61↑299.3% | 15 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 132↓34.3% | 201↑136.4% | -551↓398.6% | 185↑228.9% | 56 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 132↓34.2% | 201↑136.4% | -551↓398.6% | 185↑228.9% | 56 | |
| Bottom-Line Net Income | 132↓34.2% | 201↑136.4% | -551↓398.6% | 185↑228.9% | 56 | |
| EPS (Basic) | 2.33↓34.4% | 3.55↑136.4% | -9.75↓367.1% | 3.65↑254.4% | 1.03 | |
| EPS (Diluted) | 2.33↓34.4% | 3.55↑136.4% | -9.75↓367.1% | 3.65↑254.4% | 1.03 | |
| Weighted Average Shares | 57↑0.0% | 57↑0.0% | 57↑11.9% | 51↓7.5% | 55 | |
| Weighted Average Diluted Shares | 57↑0.0% | 57↑0.0% | 57↑11.8% | 51↓7.5% | 55 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.