Howard Hughes Holdings (HHH) Gross Margin (2022 - 2026)
Howard Hughes Holdings' Gross Margin came in at 68.48% for Q3 2026, down 31.52 percentage points from 100.00% a year earlier and down 26.60 percentage points from the prior quarter.
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Analysis
Howard Hughes Holdings (HHH) Gross Margin (2022 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Howard Hughes Holdings reported Gross Margin of 67.48%, up 1.19 percentage points year-over-year; for FY2025, it came in at 62.16%, up 5.10 percentage points from FY2024.
- Gross Margin carries a four-year change of +1.93 percentage points (FY2021 to FY2025).
- Going back by year, Gross Margin was 57.06% in FY2024 (-21.43 pp), 78.49% in FY2023 (+19.00 pp), 59.49% in FY2022 (-0.75 pp) and 60.23% in FY2021.
- The five-year range for quarterly Gross Margin is 10.62% (Q4 2025) to 100.00% (Q3 2025).
- Year-over-year, Gross Margin has declined for four consecutive quarters, with an average year-over-year change of -7.71 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 31.55 percentage points), and the weakest in Q4 2024 (a drop of 36.96 percentage points).
- Business Quant data shows HHH's Gross Margin at 95.08% (Q2 2026), 83.95% (Q1 2026) and 10.62% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Texas Pacific Land | 20.13 Bn | 19.12 Bn | 106.12 Mn | 38.81% |
| 2 | LandBridge | 5.63 Bn | 5.99 Bn | 69.80 Mn | 98.46% |
| 3 | Howard Hughes Holdings | 4.96 Bn | -3.82 Bn | 435.75 Mn | 68.48% |
| 4 | Millrose Properties | 3.99 Bn | 3.81 Bn | - | - |
| 5 | St Joe | 3.98 Bn | 3.49 Bn | 80.65 Mn | 51.64% |
| 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 | 91.12% |
| 8 | Forestar | 1.14 Bn | 1.14 Bn | - | - |
| 9 | Opendoor Technologies | 1.11 Bn | -2.66 Bn | 38.00 Mn | 3.72% |
| 10 | Five Point Holdings | 664.60 Mn | 682.31 Mn | 7.10 Mn | 48.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 68.48% |
| Jun 30, 2026 | 95.08% |
| Mar 31, 2026 | 83.95% |
| Dec 31, 2025 | 10.62% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 100.00% |
| Mar 31, 2025 | 87.23% |
| Dec 31, 2024 | 39.73% |
| Sep 30, 2024 | 74.20% |
| Jun 30, 2024 | 79.62% |
| Mar 31, 2024 | 89.29% |
| Dec 31, 2023 | 76.69% |
| Sep 30, 2023 | 77.76% |
| Jun 30, 2023 | 75.68% |
| Mar 31, 2023 | 85.38% |
| Dec 31, 2022 | 45.15% |
| Sep 30, 2022 | 50.80% |
API Access
Howard Hughes Holdings Gross 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=gross-margin&ticker=HHH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=HHH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();