Howard Hughes Holdings (HHH) EBITDA Margin (2022 - 2026)
Howard Hughes Holdings (HHH) reported EBITDA Margin of 31.91% for Q3 2026, down 28.16 percentage points from 60.06% a year earlier but up 5.78 percentage points from the prior quarter.
Howard Hughes Holdings (HHH) EBITDA Margin (2022 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Howard Hughes Holdings' EBITDA Margin came in at 25.42%, down 14.94 percentage points year-over-year; for FY2025, it was 34.45%, down 7.43 percentage points from FY2024.
- EBITDA Margin has a four-year change of +3.60 percentage points (FY2021 to FY2025).
- By year, EBITDA Margin came in at 41.87% in FY2024 (+0.05 pp), 41.82% in FY2023 (+3.39 pp), 38.43% in FY2022 (+7.59 pp) and 30.84% in FY2021.
- Five-year quarterly EBITDA Margin spans a low of 11.51% in Q4 2025 and a high of 73.65% in Q3 2024.
- Year over year, EBITDA Margin has now declined in each of the last six quarters, with an average year-over-year change of -11.60 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2024 (a gain of 40.90 percentage points); the low point was Q3 2026 (a drop of 28.16 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 26.12% (Q2 2026), 41.45% (Q1 2026) and 11.51% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 84.35% |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 75.34% |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 31.91% |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | - |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 46.67% |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - | 95.98% |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn | 65.86% |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | -17.51% |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | -74.26% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 31.91% |
| Jun 30, 2026 | 26.12% |
| Mar 31, 2026 | 41.45% |
| Dec 31, 2025 | 11.51% |
| Sep 30, 2025 | 60.06% |
| Jun 30, 2025 | 42.45% |
| Mar 31, 2025 | 45.69% |
| Dec 31, 2024 | 30.91% |
| Sep 30, 2024 | 73.65% |
| Jun 30, 2024 | 47.18% |
| Mar 31, 2024 | 34.72% |
| Dec 31, 2023 | 48.20% |
| Sep 30, 2023 | 32.75% |
| Jun 30, 2023 | 35.48% |
| Mar 31, 2023 | 48.74% |
| Dec 31, 2022 | 54.21% |
| Sep 30, 2022 | 32.40% |
Howard Hughes Holdings EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HHH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "HHH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=HHH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();