HHH (Howard Hughes Holdings) EBIT: $328 Mil (TTM As of Mar. 2026)


HHH Howard Hughes Holdings Inc HHH
81 GF Score
Price $69.89
GF Value $66.99
Valuation Fairly Valued
! 5 Warning Signs
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What is Howard Hughes Holdings EBIT?

Howard Hughes Holdings HHH +3.97% 81 EBIT is $328 Mil as of Mar. 2026. GuruFocus rates HHH with a GF Score™ of 81/100 and a GF Value™ of $66.99 (Fairly Valued). The stock has 5 warning signs investors should review.

Howard Hughes Holdings's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $328 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Howard Hughes Holdings's annualized ROC % for the quarter that ended in Mar. 2026 was 1.72%. Howard Hughes Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 77.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Howard Hughes Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.01%.

Howard Hughes Holdings  (NYSE:HHH) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Howard Hughes Holdings's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=202.704 * ( 1 - 24.51% )/( (8720.523 + 9066.032)/ 2 )
=153.0212496/8893.2775
=1.72 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10639.461 - 450.431 - ( 1468.507 - max(0, 616.552 - 2884.624+1468.507))
=8720.523

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11248.115 - 346.254 - ( 1835.829 - max(0, 503.075 - 3345.717+1835.829))
=9066.032

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Howard Hughes Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=209.892/( ( (5.231 + max(192.8, 0)) + (5.074 + max(339.728, 0)) )/ 2 )
=209.892/( ( 198.031 + 344.802 )/ 2 )
=209.892/271.4165
=77.33 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(102.487 + 3.937 + 702.928) - (450.431 + 166.121 + 0)
=192.8

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.15 + 0.886 + 738.767) - (346.254 + 156.821 + -5.6843418860808E-14)
=339.728

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Howard Hughes Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=328.495/8194.513
=4.01 %

* 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 EBIT Related Terms

Howard Hughes Holdings EBIT Historical Data

* Premium members only.

The historical data trend for Howard Hughes Holdings's EBIT 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 EBIT Chart

Howard Hughes Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 194.11 447.40 267.40 530.33 331.39

Howard Hughes Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 55.37 27.80 202.16 46.07 52.47

HHH vs CCS, FOR, FPH: EBIT Comparison

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

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

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


HHH
81GF Score
Howard Hughes Holdings Inc HHH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Howard Hughes Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $328 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $328 Mil mean?
Howard Hughes Holdings (HHH) has a EBIT of $328 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howard Hughes Holdings.
Is Howard Hughes Holdings' EBIT too high?
Howard Hughes Holdings' current EBIT is $328 Mil. Overall, Howard Hughes Holdings has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' EBIT compare to CCS and FOR?
Howard Hughes Holdings' EBIT of $328 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Real Estate company?
A good EBIT depends on the Real Estate industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howard Hughes Holdings. Howard Hughes Holdings's current EBIT is $328 Mil. 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 Fairly Valued. The stock's GF Value™ is $66.99, compared to a current price of $69.89 — trading 4.3% above its estimated fair value. The current EBIT is $328 Mil. Howard Hughes Holdings' overall GF Score™ is 81/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Howard Hughes Holdings (HHH), the current EBIT is $328 Mil as of Mar. 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 overvalued. The current stock price of $69.89 is trading 4.3% above its estimated GF Value™ of $66.99. GuruFocus considers Howard Hughes Holdings to be Fairly Valued.

Key valuation signals for HHH:

  • EBIT: $328 Mil
  • GF Value™: $66.99 vs. price of $69.89 (4.3% above fair value)
  • GF Score™: 81/100 with 5 warning signs

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

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

$69.89
Price
$66.99
GF Value