Howard Hughes Holdings Inc. (HHH) - Net Assets
Based on the latest financial reports, Howard Hughes Holdings Inc. (HHH) has net assets worth $3.84 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($10.64 Billion) and total liabilities ($6.80 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check HHH asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.84 Billion |
| % of Total Assets | 36.11% |
| Annual Growth Rate | 3.96% |
| 5-Year Change | 2.92% |
| 10-Year Change | 49.42% |
| Growth Volatility | 16.41 |
Howard Hughes Holdings Inc. - Net Assets Trend (2008–2025)
This chart illustrates how Howard Hughes Holdings Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Howard Hughes Holdings Inc. for the complete picture of this company's asset base.
Annual Net Assets for Howard Hughes Holdings Inc. (2008–2025)
The table below shows the annual net assets of Howard Hughes Holdings Inc. from 2008 to 2025. For live valuation and market cap data, see Howard Hughes Holdings Inc. (HHH) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.84 Billion | +35.21% |
| 2024-12-31 | $2.84 Billion | -7.10% |
| 2023-12-31 | $3.06 Billion | -15.17% |
| 2022-12-31 | $3.61 Billion | -3.40% |
| 2021-12-31 | $3.73 Billion | +0.49% |
| 2020-12-31 | $3.72 Billion | +11.46% |
| 2019-12-31 | $3.33 Billion | +2.93% |
| 2018-12-31 | $3.24 Billion | +1.55% |
| 2017-12-31 | $3.19 Billion | +24.00% |
| 2016-12-31 | $2.57 Billion | +8.78% |
| 2015-12-31 | $2.36 Billion | +6.12% |
| 2014-12-31 | $2.23 Billion | -0.79% |
| 2013-12-31 | $2.25 Billion | -2.85% |
| 2012-12-31 | $2.31 Billion | -0.80% |
| 2011-12-31 | $2.33 Billion | +6.91% |
| 2010-12-31 | $2.18 Billion | +44.93% |
| 2009-12-31 | $1.50 Billion | -24.29% |
| 2008-12-31 | $1.99 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Howard Hughes Holdings Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 6209600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $659.00K | 0.02% |
| Other Comprehensive Income | $-1.83 Million | -0.05% |
| Other Components | $3.84 Billion | 101.68% |
| Total Equity | $3.78 Billion | 100.00% |
Howard Hughes Holdings Inc. Competitors by Market Cap
The table below lists competitors of Howard Hughes Holdings Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Broadstone Net Lease Inc
NYSE:BNL
|
$3.79 Billion |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800
|
$3.79 Billion |
|
Paladin Energy Ltd
AU:PDN
|
$3.79 Billion |
|
NEXI SPA (UNSP.ADR)/1
F:N0X0
|
$3.79 Billion |
|
Wendel
PA:MF
|
$3.78 Billion |
|
Tera Yatirim Menkul Degerler A.S.
IS:TERA
|
$3.78 Billion |
|
Vale Indonesia Tbk
JK:INCO
|
$3.78 Billion |
|
Allreal Holding
SW:ALLN
|
$3.78 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Howard Hughes Holdings Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,776,226,000 to 3,775,456,000, a change of 999,230,000 (36.0%).
- Net income of 123,897,000 contributed positively to equity growth.
- Share repurchases of 3,641,000 reduced equity.
- New share issuances of 862,789,000 increased equity.
- Other comprehensive income decreased equity by 3,795,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $123.90 Million | +3.28% |
| Share Repurchases | $3.64 Million | -0.1% |
| Share Issuances | $862.79 Million | +22.85% |
| Other Comprehensive Income | $-3.79 Million | -0.1% |
| Other Changes | $19.98 Million | +0.53% |
| Total Change | $- | 35.99% |
Book Value vs Market Value Analysis
This analysis compares Howard Hughes Holdings Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.00x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.23x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $52.26 | $64.12 | x |
| 2009-12-31 | $39.84 | $64.12 | x |
| 2010-12-31 | $57.74 | $64.12 | x |
| 2011-12-31 | $59.63 | $64.12 | x |
| 2012-12-31 | $60.61 | $64.12 | x |
| 2013-12-31 | $56.91 | $64.12 | x |
| 2014-12-31 | $56.35 | $64.12 | x |
| 2015-12-31 | $59.88 | $64.12 | x |
| 2016-12-31 | $60.18 | $64.12 | x |
| 2017-12-31 | $74.00 | $64.12 | x |
| 2018-12-31 | $74.89 | $64.12 | x |
| 2019-12-31 | $76.96 | $64.12 | x |
| 2020-12-31 | $71.02 | $64.12 | x |
| 2021-12-31 | $68.31 | $64.12 | x |
| 2022-12-31 | $71.33 | $64.12 | x |
| 2023-12-31 | $60.37 | $64.12 | x |
| 2024-12-31 | $55.40 | $64.12 | x |
| 2025-12-31 | $63.86 | $64.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Howard Hughes Holdings Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.40%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 2.82x
- Recent ROE (3.28%) is above the historical average (-1.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -46.83% | -516.04% | 0.05x | 1.93x | $-853.87 Million |
| 2010 | -3.19% | -48.65% | 0.05x | 1.39x | $-287.26 Million |
| 2011 | 6.33% | 53.39% | 0.08x | 1.46x | $-85.28 Million |
| 2012 | -5.55% | -34.04% | 0.11x | 1.52x | $-359.39 Million |
| 2013 | -3.29% | -15.55% | 0.10x | 2.03x | $-298.30 Million |
| 2014 | -1.06% | -3.71% | 0.12x | 2.30x | $-245.91 Million |
| 2015 | 5.36% | 15.90% | 0.14x | 2.42x | $-109.67 Million |
| 2016 | 7.87% | 19.55% | 0.16x | 2.48x | $-54.85 Million |
| 2017 | 5.28% | 15.31% | 0.16x | 2.11x | $-150.45 Million |
| 2018 | 1.76% | 5.36% | 0.14x | 2.27x | $-266.80 Million |
| 2019 | 2.22% | 5.69% | 0.15x | 2.52x | $-259.34 Million |
| 2020 | -0.70% | -3.74% | 0.08x | 2.46x | $-397.66 Million |
| 2021 | 1.50% | 3.93% | 0.15x | 2.57x | $-317.22 Million |
| 2022 | 5.12% | 12.39% | 0.16x | 2.66x | $-176.08 Million |
| 2023 | -18.44% | -53.88% | 0.11x | 3.20x | $-851.06 Million |
| 2024 | 7.12% | 11.29% | 0.19x | 3.32x | $-79.92 Million |
| 2025 | 3.28% | 8.40% | 0.14x | 2.82x | $-253.65 Million |
Industry Comparison
This section compares Howard Hughes Holdings Inc.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $633,226,599
- Average return on equity (ROE) among peers: 3.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Howard Hughes Holdings Inc. (HHH) | $3.84 Billion | -46.83% | 1.77x | $3.78 Billion |
| Alset Ehome International Inc (AEI) | $129.66 Million | -36.57% | 0.05x | $62.62 Million |
| AMREP Corporation (AXR) | $65.90 Million | 6.07% | 1.82x | $144.04 Million |
| Century Communities Inc (CCS) | $473.64 Million | 10.46% | 1.13x | $1.58 Billion |
| Forestar Group Inc (FOR) | $425.80 Million | 12.18% | 0.46x | $1.29 Billion |
| Five Point Holdings LLC (FPH) | $2.18 Billion | 3.13% | 0.41x | $352.02 Million |
| JFB Construction Holdings Class A Common Stock (JFB) | $6.33 Million | 1.88% | 0.42x | $35.68 Million |
| Logistic Properties of the Americas (LPA) | $216.65 Million | 10.16% | 0.65x | $77.15 Million |
| Lead Real Estate Co., Ltd American Depositary Shares (LRE) | $2.20 Billion | 25.06% | 4.64x | $17.56 Million |
| Landsea Homes Corp (LSEA) | $-97.58K | 0.00% | 0.00x | $411.79 Million |
About Howard Hughes Holdings Inc.
Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States. It operates through three segments: Operating Assets, MPC, and Strategic Developments. The Operating Assets segment acquires or develops retail, office, and multifamily properties, as well as invests in other real estate properties. The MPC segment plans, develops, and sel… Read more