HHH (Howard Hughes Holdings) Selling, General, & Admin. Expense: $126 Mil (TTM As of Mar. 2026)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HHH Howard Hughes Holdings Inc HHH
85 GF Score
Price $64.87
GF Value $68.09
Valuation Fairly Valued
! 5 Warning Signs
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What is Howard Hughes Holdings Selling, General, & Admin. Expense?

Howard Hughes Holdings HHH -1.88% 85 Selling, General, & Admin. Expense is $126 Mil as of Mar. 2026. GuruFocus rates HHH with a GF Score™ of 85/100 and a GF Value™ of $68.09 (Fairly Valued). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Howard Hughes Holdings's selling, general, & admin. expense for the three months ended in Mar. 2026 was $26 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $126 Mil.


Howard Hughes Holdings  (NYSE:HHH) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Howard Hughes Holdings Selling, General, & Admin. Expense Related Terms


Howard Hughes Holdings Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Howard Hughes Holdings's Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart

Howard Hughes Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 81.99 81.77 86.67 91.75 122.24

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
Selling, General, & Admin. Expense 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 22.44 34.55 28.28 36.97 25.76

HHH vs CCS, FOR, FPH: Selling, General, & Admin. Expense Comparison

For the Real Estate - Development subindustry, Howard Hughes Holdings's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Howard Hughes Holdings's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Howard Hughes Holdings's Selling, General, & Admin. Expense falls into.


HHH
85GF Score
Howard Hughes Holdings Inc HHH
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Howard Hughes Holdings Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $126 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.

What does a Selling, General, & Admin. Expense of $126 Mil mean?
Howard Hughes Holdings (HHH) has a Selling, General, & Admin. Expense of $126 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Howard Hughes Holdings and its competitors.
Is Howard Hughes Holdings' Selling, General, & Admin. Expense too high?
Howard Hughes Holdings' current Selling, General, & Admin. Expense is $126 Mil. Overall, Howard Hughes Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Howard Hughes Holdings' Selling, General, & Admin. Expense compare to CCS and FOR?
Howard Hughes Holdings' Selling, General, & Admin. Expense of $126 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 Selling, General, & Admin. Expense for a Real Estate company?
A good Selling, General, & Admin. Expense depends on the Real Estate industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Howard Hughes Holdings and its competitors. Howard Hughes Holdings's current Selling, General, & Admin. Expense is $126 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 $68.09, compared to a current price of $64.87 — trading 4.7% below its estimated fair value. The current Selling, General, & Admin. Expense is $126 Mil. Howard Hughes Holdings' overall GF Score™ is 85/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Howard Hughes Holdings (HHH), the current Selling, General, & Admin. Expense is $126 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 undervalued. The current stock price of $64.87 is trading 4.7% below its estimated GF Value™ of $68.09. GuruFocus considers Howard Hughes Holdings to be Fairly Valued.

Key valuation signals for HHH:

  • Selling, General, & Admin. Expense: $126 Mil
  • GF Value™: $68.09 vs. price of $64.87 (4.7% below fair value)
  • GF Score™: 85/100 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.
85GF Score

Get the complete analysis for HHH

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$64.87
Price
$68.09
GF Value