HHH (Howard Hughes Holdings) Debt-to-EBITDA : 4.14 (As of Jun. 2026) — 61% Below Median

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HHH Howard Hughes Holdings Inc HHH
81 GF Score
Price $68.61
GF Value $96.03
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Howard Hughes Holdings Debt-to-EBITDA?

Howard Hughes Holdings HHH +0.82% 81 Debt-to-EBITDA is 4.14 as of Jun. 2026, which is 61% below its 10-year median of 10.58. GuruFocus rates HHH with a GF Score™ of 81/100 and a GF Value™ of $96.03 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,273 Real Estate companies, Howard Hughes Holdings ranks worse than 75.33% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Howard Hughes Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0 Mil. Howard Hughes Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $5,464 Mil. Howard Hughes Holdings's annualized EBITDA for the quarter that ended in Jun. 2026 was $1,318 Mil. Howard Hughes Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 4.14.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Howard Hughes Holdings's Debt-to-EBITDA or its related term are showing as below:

HHH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.58   Med: 10.58   Max: 12.16
Current: 7.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Howard Hughes Holdings was 12.16. The lowest was 5.58. And the median was 10.58.

HHH's Debt-to-EBITDA is ranked worse than
75.33% of 1273 companies
in the Real Estate industry
Industry Median: 5.66 vs HHH: 7.07

Howard Hughes Holdings  (NYSE:HHH) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Howard Hughes Holdings Debt-to-EBITDA Related Terms


Howard Hughes Holdings Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Howard Hughes Holdings's Debt-to-EBITDA 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.

Howard Hughes Holdings Debt-to-EBITDA Chart

Howard Hughes Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.67 7.97 11.81 7.23 9.93

Howard Hughes Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA 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 18.11 5.32 13.66 14.32 4.14

HHH vs CCS, FOR, FPH: Debt-to-EBITDA Comparison

For the Real Estate - Development subindustry, Howard Hughes Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Howard Hughes Holdings's Debt-to-EBITDA falls into.


HHH
81GF Score
Howard Hughes Holdings Inc HHH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howard Hughes Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Howard Hughes Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 5114.696) / 514.985
=9.93

Howard Hughes Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 5463.942) / 1318.472
=4.14

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 4.14 mean?
Howard Hughes Holdings (HHH) has a Debt-to-EBITDA of 4.14 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Howard Hughes Holdings. This is 61% below median its historical median of 10.58. Over the past decade, Howard Hughes Holdings' Debt-to-EBITDA has ranged from 5.58 to 12.16. According to the industry distribution chart, Howard Hughes Holdings ranks #959 out of 1273 companies in the Real Estate industry, placing it in the top 75.3%.
Is Howard Hughes Holdings' Debt-to-EBITDA too high?
Howard Hughes Holdings' current Debt-to-EBITDA of 4.14 is 61% below median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 12.16. The Real Estate industry median Debt-to-EBITDA is 5.66. Howard Hughes Holdings' value of 4.14 is 26.9% below this industry median. Based on the distribution chart, Howard Hughes Holdings ranks #959 out of 1273 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Howard Hughes Holdings has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' Debt-to-EBITDA compare to CCS and FOR?
According to the Real Estate industry distribution chart, Howard Hughes Holdings ranks #959 out of 1273 companies for Debt-to-EBITDA. This places Howard Hughes Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 5.66. Howard Hughes Holdings' value of 4.14 is 26.9% below this benchmark. Historically, Howard Hughes Holdings' own Debt-to-EBITDA has ranged from 5.58 to 12.16 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 5.66, Howard Hughes Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.66, based on 1,273 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Howard Hughes Holdings's current Debt-to-EBITDA of 4.14 is 26.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Howard Hughes Holdings. For the Real Estate industry, the median Debt-to-EBITDA is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Howard Hughes Holdings's current Debt-to-EBITDA is 4.14, which is 61% below median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howard Hughes Holdings stock overvalued right now?
Based on GuruFocus' analysis, Howard Hughes Holdings (HHH) is currently considered Modestly Undervalued. The stock's GF Value™ is $96.03, compared to a current price of $68.61 — trading 28.6% below its estimated fair value. The current Debt-to-EBITDA is 4.14, which is 61% below median its 10-year median of 10.58 and 26.9% below the Real Estate industry median of 5.66. Howard Hughes Holdings' overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Howard Hughes Holdings (HHH), the current Debt-to-EBITDA is 4.14 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Howard Hughes Holdings (HHH) Overvalued in 2026?

Based on GuruFocus' analysis, Howard Hughes Holdings stock appears to be undervalued. The current stock price of $68.61 is trading 28.6% below its estimated GF Value™ of $96.03. GuruFocus considers Howard Hughes Holdings to be Modestly Undervalued.

Key valuation signals for HHH:

  • Debt-to-EBITDA: 4.14 (61% below median its 10-year median of 10.58)
  • GF Value™: $96.03 vs. price of $68.61 (28.6% below fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 26.9% below the Real Estate median (#959 of 1273)

No single metric tells the full story. See the HHH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howard Hughes Holdings Business Description

Address 9950 Woodloch Forest Drive, Suite 1100, 11th Floor, The Woodlands, TX, USA, 77380
Howard Hughes Holdings Inc, through its subsidiary, operates a large-scale, mixed-use real estate platform focused on the development of master planned communities (MPCs), the investment in strategic real estate development opportunities, and the ownership and operation of income-producing properties. The group operates through three reportable business segments: Operating Assets, MPCs, and Strategic Developments. Maximum revenue is generated from the MPC segment, which consists of the development and sale of land in large-scale, long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona. Revenues are mainly generated through the sale of residential and commercial land to homebuilders and developers.
81GF Score

Get the complete analysis for HHH

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$68.61
Price
$96.03
GF Value