Company research
Howard Hughes Corp
CIK 1498828Updated Sep 27, 2026
Name history
Spinco, Inc. · through Oct 7, 2010
Filing activity
Latest filing
50 filings on record · 10-Q, 10-K, 15-12G, S-8 POS, POSASR, 8-K.
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 9,733,644,000Source | 9,208,793,000Source | 9,575,612,000Source | 9,603,463,000Source |
| GoodwillUSD | 2,336,000Source | — | — | 0Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 570,574,000Source | 595,696,000Source | 631,548,000Source | 626,653,000Source |
| Accounts Receivable | — | — | — | — |
| Operating Lease, Right-of-Use AssetUSD | 5,231,000Source | 5,806,000Source | 44,897,000Source | 46,926,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,782,785,000Source | 6,368,492,000Source | 6,517,015,000Source | 5,997,351,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 564,000Source |
| Retained Earnings (Accumulated Deficit)USD | -50,577,000Source | -182,462,000Source | -383,012,000Source | 168,077,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,827,000Source | 1,968,000Source | 1,272,000Source | 10,335,000Source |
| Stockholders' Equity Attributable to ParentUSD | 2,884,069,000Source | 2,774,753,000Source | 2,992,544,000Source | 3,540,499,000Source |
| Additional Paid in Capital, Common StockUSD | 2,936,473,000Source | 2,955,247,000Source | 3,374,284,000Source | 3,972,561,000Source |
| Liabilities and EquityUSD | 9,733,644,000Source | 9,208,793,000Source | 9,575,612,000Source | 9,603,463,000Source |
| Deferred Income Tax Liabilities, NetUSD | 164,507,000Source | 143,107,000Source | 88,065,000Source | 254,336,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 66,790,000Source | 65,548,000Source | 66,053,000Source | 65,613,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 164,507,000Source | 143,107,000Source | 88,065,000Source | 254,336,000Source |
| Long-term DebtUSD | 5,109,828,000Source | 5,127,469,000Source | 5,302,620,000Source | 4,747,183,000Source |
| Redeemable Noncontrolling Interest, Equity, Carrying AmountUSD | — | — | — | 0Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 131,831,000Source | 199,839,000Source | -550,708,000Source | 184,636,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 18,421,000Source | 14,436,000Source | 15,852,000Source | 11,895,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 18,215,000Source | -83,784,000Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | 22,607,000Source | 62,306,000Source | -163,613,000Source | 42,022,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 461,344,000Source | 398,626,000Source | -256,234,000Source | 325,254,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -219,066,000Source | -301,259,000Source | -336,143,000Source | -220,695,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 1,458,000Source | — | — | — |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 0Source | 943,000Source | 2,643,000Source | 3,011,000Source |
| Payments for Repurchase of Common StockUSD | — | 0Source | 0Source | 403,863,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -41,169,000Source | -152,308,000Source | 546,497,000Source | -222,259,000Source |
| Repayments of Long-term DebtUSD | 782,458,000Source | 807,548,000Source | 249,435,000Source | 1,065,348,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 201,109,000Source | -54,941,000Source | -45,880,000Source | -117,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,199,225,000Source | 998,116,000Source | 1,053,057,000Source | 1,098,937,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 282,844,000Source | 298,364,000Source | 249,702,000Source | 214,583,000Source |
| Income Taxes Paid, NetUSD | — | 3,943,000Source | 10,608,000Source | 24,974,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 15,235,000Source | 10,500,000Source | 11,183,000Source | 7,110,000Source |
| Amortization of Debt Issuance Costs and DiscountsUSD | 12,375,000Source | 12,396,000Source | 12,303,000Source | 10,754,000Source |
| DepreciationUSD | 164,031,000Source | 160,638,000Source | 195,630,000Source | 180,201,000Source |
| Equity Method Investment, Realized Gain (Loss) on DisposalUSD | — | 0Source | 0Source | 5,016,000Source |
| Gain (Loss) on Sale of PropertiesUSD | 29,825,000Source | 22,907,000Source | 24,162,000Source | 29,687,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | -698,000Source | -465,000Source | -144,000Source | -2,377,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | 29,825,000Source | 22,907,000Source | 24,162,000Source | 29,678,000Source |
| General and Administrative ExpenseUSD | 88,903,000Source | 88,128,000Source | 90,141,000Source | 81,772,000Source |
| GoodwillUSD | 2,336,000Source | — | — | 0Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 131,831,000Source | 288,062,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 131,831,000Source | 288,062,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -88,223,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 1,772,000Source | -5,829,000Source | -55,708,000Source | -14,549,000Source |
| Income (Loss) from Equity Method Investments, Net of Dividends or DistributionsUSD | -4,496,000Source | -12,436,000Source | -66,676,000Source | -28,081,000Source |
| Income Tax Expense (Benefit)USD | 38,535,000Source | 80,961,000Source | -163,505,000Source | 60,500,000Source |
| InterestExpenseNonoperatingUSD | 169,931,000Source | 164,926,000Source | — | — |
| Investment Income, InterestUSD | 22,568,000Source | 25,349,000Source | 25,750,000Source | 3,818,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -54,000Source | -711,000Source | 243,000Source | 103,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 131,885,000Source | 200,550,000Source | -550,951,000Source | 184,533,000Source |
| Operating Lease, ExpenseUSD | — | — | 5,300,000Source | 5,600,000Source |
| Other Operating Income (Expense), NetUSD | 13,802,000Source | 115,027,000Source | -644,046,000Source | 31,587,000Source |
| Payments of Financing CostsUSD | 6,091,000Source | 6,235,000Source | 2,821,000Source | 18,515,000Source |
| Proceeds from Issuance of Common StockUSD | — | — | — | 0Source |
| Proceeds from Issuance of Long-term DebtUSD | 759,545,000Source | 761,429,000Source | 792,441,000Source | 1,235,895,000Source |
| Proceeds from Noncontrolling InterestsUSD | — | 0Source | 0Source | 31,234,000Source |
| Proceeds from Stock Options ExercisedUSD | — | 0Source | 0Source | 345,000Source |
| Provision for Loan, Lease, and Other LossesUSD | 3,414,000Source | -499,000Source | 8,601,000Source | -2,235,000Source |
| Real Estate Tax ExpenseUSD | 60,768,000Source | 58,395,000Source | 57,650,000Source | 54,033,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 1,474,892,000Source | 1,750,689,000Source | 1,024,102,000Source | 1,608,488,000Source |
| Operating Income (Loss)USD | 364,852,000Source | 563,545,000Source | -527,160,000Source | 369,135,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 170,366,000Source | 369,023,000Source | -714,213,000Source | 245,136,000Source |
| Income Tax Expense (Benefit)USD | 38,535,000Source | 80,961,000Source | -163,505,000Source | 60,500,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -54,000Source | -711,000Source | 243,000Source | 103,000Source |
| Earnings Per Share, BasicUSD per share | — | — | — | 3.65Source |
| Earnings Per Share, DilutedUSD per share | — | — | — | 3.65Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 50,513,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 50,558,000Source |
| Interest Expense (non-operating)USD | 169,931,000Source | 164,926,000Source | — | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 1,123,842,000Source | 1,302,171,000Source | 907,216,000Source | 1,270,940,000Source |
| Current Income Tax Expense (Benefit)USD | 15,928,000Source | 18,655,000Source | 108,000Source | 18,478,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 183,232,000Source | 179,799,000Source | 216,118,000Source | 200,361,000Source |
| Gains (Losses) on Sales of Investment Real EstateUSD | 29,825,000Source | 22,907,000Source | 24,162,000Source | 29,678,000Source |
| General and Administrative ExpenseUSD | 88,903,000Source | 88,128,000Source | 90,141,000Source | 81,772,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 131,831,000Source | 288,062,000Source | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 131,831,000Source | 288,062,000Source | — | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | 0Source | -88,223,000Source | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 1,772,000Source | -5,829,000Source | -55,708,000Source | -14,549,000Source |
| Interest ExpenseUSD | — | — | 156,951,000Source | 110,891,000Source |
| Investment Income, InterestUSD | 22,568,000Source | 25,349,000Source | 25,750,000Source | 3,818,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 131,885,000Source | 200,550,000Source | -550,951,000Source | 184,533,000Source |
| Operating Lease, ExpenseUSD | — | — | 5,300,000Source | 5,600,000Source |
| Other Cost and Expense, OperatingUSD | 213,449,000Source | 208,578,000Source | 337,018,000Source | 317,389,000Source |
| Other General ExpenseUSD | 19,146,000Source | 15,002,000Source | 13,383,000Source | 11,977,000Source |
| Other Operating Income (Expense), NetUSD | 13,802,000Source | 115,027,000Source | -644,046,000Source | 31,587,000Source |
| Real Estate Tax ExpenseUSD | 60,768,000Source | 58,395,000Source | 57,650,000Source | 54,033,000Source |