Company research
Howard Hughes Corp
CIK 1498828Updated Nov 13, 2026
Securities
Historical securities (1)
HHC · NYSE · equity · closed Aug 11, 2023Name history
Spinco, Inc. · through Oct 7, 2010
HHC price & chart
Historical security
This listing closed Aug 11, 2023. Live provider charts are shown only for current listings.
In the news
No coverage from other publishers is available.
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 |