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Howard Hughes Holdings (Howard Hughes Holdings) Return-on-Tangible-Equity : 4.70% (As of Dec. 2023)


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What is Howard Hughes Holdings Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Howard Hughes Holdings's annualized net income for the quarter that ended in Dec. 2023 was $137 Mil. Howard Hughes Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $2,920 Mil. Therefore, Howard Hughes Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 4.70%.

The historical rank and industry rank for Howard Hughes Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HHH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.21   Med: 2.13   Max: 8.36
Current: -17.02

During the past 13 years, Howard Hughes Holdings's highest Return-on-Tangible-Equity was 8.36%. The lowest was -17.21%. And the median was 2.13%.

HHH's Return-on-Tangible-Equity is ranked worse than
87.59% of 1765 companies
in the Real Estate industry
Industry Median: 3.06 vs HHH: -17.02

Howard Hughes Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Howard Hughes Holdings's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Howard Hughes Holdings Return-on-Tangible-Equity Chart

Howard Hughes Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.41 -0.78 1.54 5.19 -17.21

Howard Hughes Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.12 -2.63 -2.22 -68.60 4.70

Competitive Comparison of Howard Hughes Holdings's Return-on-Tangible-Equity

For the Real Estate - Diversified subindustry, Howard Hughes Holdings's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Howard Hughes Holdings's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Howard Hughes Holdings's Return-on-Tangible-Equity falls into.



Howard Hughes Holdings Return-on-Tangible-Equity Calculation

Howard Hughes Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-551.773/( (3475.633+2935.487 )/ 2 )
=-551.773/3205.56
=-17.21 %

Howard Hughes Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=137.184/( (2904.648+2935.487)/ 2 )
=137.184/2920.0675
=4.70 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Howard Hughes Holdings  (NYSE:HHH) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Howard Hughes Holdings Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Howard Hughes Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Howard Hughes Holdings (Howard Hughes Holdings) Business Description

Traded in Other Exchanges
Address
9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc owns, manages, and develops commercial, residential, and mixed-use real estate throughout the USA. Its portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country.
Executives
Douglas Johnstone officer: Regional President, Hawaii ONE GALLERIA TOWER, 13355 NOEL ROAD, 22ND FOOR, DALLAS TX 75240
Pershing Square Capital Management, L.p. director, 10 percent owner 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Zachary Winick officer: CO-PRESIDENT, NEW YORK REGION C/O THE HOWARD HUGHES CORPORATION, 199 WATER STREET, 28TH FLOOR, NEW YORK NY 10038
Elena Verbinskaya officer: Chief Accounting Officer C/O IPSCO TUBULARS INC., 10120 HOUSTON OAKS DRIVE, HOUSTON TX 77064
Kristi Smith officer: President, Columbia 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
William A Ackman director, 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc director, 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Frank Stephan officer: PRESIDENT, NEVADA 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
Anthony Williams director 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
David Eun director 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77380
David Michael Striph officer: EVP, Head of Operations ONE GALLERIA TOWER, 13355 NOEL ROAD, 22ND FLOOR, DALLAS TX 75240
Andrew Schwartz officer: CO-PRESIDENT, NEW YORK REGION C/O THE HOWARD HUGHES CORPORATION, 199 WATER STREET, 28TH FLOOR, NEW YORK NY 10038
Heath Melton officer: PRESIDENT, PHOENIX REGION 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77381
Carlos A. Olea officer: CHIEF FINANCIAL OFFICER 9950 WOODLOCH FOREST DRIVE, SUITE 1100, THE WOODLANDS TX 77381
L Jay Cross officer: President 233 SOUTH WACKER DRIVE, SUITE 4600, CHICAGO IL 60606

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