Howard Hughes Holdings (HHH) EV to EBITDA (2023 - 2026)
Howard Hughes Holdings' (HHH) EV to EBITDA was 2.42 for Q3 2026, down 48.6% from 4.71 a year earlier but up 1.6% from the prior quarter.
Howard Hughes Holdings (HHH) EV to EBITDA (2023 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Howard Hughes Holdings' EV to EBITDA came in at -6.56; for FY2025, it was 6.56, up 44.7% from FY2024.
- By year, EV to EBITDA came in at 4.53 in FY2024 (-51.0%), 9.25 in FY2023 (+71.8%), 5.39 in FY2022 (-44.0%) and 9.61 in FY2021.
- Five-year quarterly EV to EBITDA spans a low of 2.38 in Q2 2026 and a high of 9.25 in Q4 2023.
- Year over year, EV to EBITDA has now declined in each of the last three quarters, with an average decline of 27.3% over the last eight quarters.
- The high point for year-over-year EV to EBITDA in five years was Q4 2025 (growth of 44.7%); the low point was Q1 2025 (a decline of 51.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 2.38 (Q2 2026), 3.89 (Q1 2026) and 6.56 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn |
| 6 | Vesta Real Estate Corporation, S.A.B. de C.V | 3.31 Bn | 2.12 Bn | - |
| 7 | EagleRock Land | 2.77 Bn | 4.07 Bn | 39.50 Mn |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.42 |
| Jun 30, 2026 | 2.38 |
| Mar 31, 2026 | 3.89 |
| Dec 31, 2025 | 6.56 |
| Sep 30, 2025 | 4.71 |
| Jun 30, 2025 | 3.53 |
| Mar 31, 2025 | 4.30 |
| Dec 31, 2024 | 4.53 |
| Sep 30, 2024 | 6.12 |
| Jun 30, 2024 | 6.61 |
| Mar 31, 2024 | 8.91 |
| Dec 31, 2023 | 9.25 |
| Sep 30, 2023 | 7.33 |
| Jun 30, 2023 | 6.92 |
Howard Hughes Holdings EV to EBITDA 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=ev-to-ebitda&ticker=HHH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=HHH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();