Howard Hughes Holdings (HHH) Gross Margin (2022 - 2026)

Howard Hughes Holdings (HHH) reported Gross Margin of 77.52% for Q1 2026, up 300.0% year-over-year from 19.38% in Q1 2025, and down 35.68% quarter-over-quarter from 120.51% in Q4 2025.

Howard Hughes Holdings (HHH) Gross Margin (2022 - 2026) Analysis & Trends

Howard Hughes Holdings (HHH) has 5 years of Gross Margin data on file, last reported at 77.52% in Q1 2026.

  • Gross Margin for Q1 2026 came in at 77.52%, up 300.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 101.64% (up 584.0% YoY), and the FY2025 annual result was 98.7%, down 44.0% from the prior year.
  • Gross Margin eased to 77.52% in Q1 2026 per HHH's latest filing, from 120.51% in the prior quarter.
  • Over five years, Gross Margin peaked at 161.94% in Q4 2022 and troughed at 54.89% in Q2 2023.
  • A 5-year average of 97.34% and a median of 98.03% in 2023 frame the typical range for Gross Margin.
  • On a YoY basis, Gross Margin climbed as much as 4374 bps in 2024 and fell as far as 4340 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 161.94% in 2022, then dropped by 12 bps to 143.02% in 2023, then slumped by 30 bps to 99.62% in 2024, then rose by 21 bps to 120.51% in 2025, then slumped by 36 bps to 77.52% in 2026.
  • Business Quant data shows HHH's Gross Margin at 77.52% in Q1 2026, 120.51% in Q4 2025, and 88.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Vesta Real Estate Corporation, S.A.B. de C.V 19.65 Bn 19.45 Bn - -
2 Howard Hughes Holdings 3.99 Bn 2.22 Bn 182.88 Mn 77.52%
3 Century Communities 1.70 Bn 1.62 Bn 637.90 Mn 80.78%
4 Forestar 1.48 Bn 1.12 Bn 80.20 Mn 21.43%
5 Five Point Holdings 361.15 Mn 1.49 Bn 13.58 Mn 100.00%
6 Sky Harbour 317.31 Mn 324.50 Mn 7.09 Mn 87.97%
7 Belpointe PREP 180.46 Mn 161.50 Mn - -
8 Amrep 138.84 Mn 88.35 Mn 14.23 Mn 97.65%
9 Smith Douglas Homes 121.76 Mn 447.61 Mn 40.45 Mn 19.59%
10 JFB Construction Holdings 88.07 Mn 62.81 Mn 681,192.00 4.27%

Historic Data

Download Data
DateValue
Mar 31, 2026 77.52%
Dec 31, 2025 120.51%
Sep 30, 2025 88.23%
Jun 30, 2025 98.36%
Mar 31, 2025 74.52%
Dec 31, 2024 99.62%
Sep 30, 2024 70.40%
Jun 30, 2024 98.64%
Mar 31, 2024 97.56%
Dec 31, 2023 143.02%
Sep 30, 2023 77.30%
Jun 30, 2023 54.89%
Mar 31, 2023 98.03%
Dec 31, 2022 161.94%
Sep 30, 2022 99.55%