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| Date | Value |
|---|---|
| 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% |