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Howard Hughes

OverviewSuggest Edit

The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the country. Our company is comprised of master planned communities, operating properties, development opportunities and other unique assets spanning from New York to Hawaii. We have approximately 1,000 employees, over half of whom are dedicated to the growth and service of our master planned communities. The company's operating properties are primarily retail and include South Street Seaport (Manhattan, NY), various properties in Columbia Town Center (Columbia, MD), Landmark Mall (Alexandria, VA), The Outlet Collection at Riverwalk (New Orleans, LA), Cottonwood Square (Holladay, UT), Park West (Peoria, AZ) and Ward Centers (Honolulu, HI). Currently, several of the operating properties present significant opportunities for redevelopment. The company also has an exciting and diverse pipeline of strategic opportunities for near, mid and long-term development. These range from air rights and surface parking lots to aging properties poised for redevelopment. The Howard Hughes Corporation’s mission is to be the preeminent developer and operator of master planned communities and mixed-use properties. We create timeless places and memorable experiences that inspire people while driving sustainable, long-term growth and value for our shareholders.
TypePublic
Founded2011
HQDallas, TX, USMap
Websitehowardhughes.com
Employee Ratings3.5More
Overall CultureC+More
View Jobs (56)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)1,500(+8%)
Job Openings56
Revenue (FY, 2020)$699.5 M(-46%)
Share Price (Nov 2021)$93.1
Cybersecurity ratingBMore
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Key People/Management at Howard Hughes

William Ackman

William Ackman

Chairman
Paul H. Layne

Paul H. Layne

Chief Executive Officer, Director
David O'Reilly

David O'Reilly

President and Chief Financial Officer
Peter F. Riley

Peter F. Riley

General Counsel
Correne S. Loeffler

Correne S. Loeffler

Chief Financial Officer
Jim Carman

Jim Carman

President, Houston Region
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Howard Hughes Office Locations

Howard Hughes has offices in Dallas, Alexandria, Columbia, Cypress and in 6 other locations
Dallas, TX, US (HQ)
13355 Noel Rd
Alexandria, VA, US
5801 Duke St Suite D-108Alexandria
Columbia, MD, US
10960 Grantchester Way #110
Cypress, TX, US
16919 N Bridgeland Lake Pkwy
Cypress, TX, US
23720 House & Hahl Rd
Honolulu, HI, US
1240 Ala Moana Blvd #601
Show all (11)

Howard Hughes Financials and Metrics

Howard Hughes Revenue

Howard Hughes's revenue was reported to be $699.49 m in FY, 2020
USD

Revenue (Q1, 2021)

190.6m

Net income (Q1, 2021)

(68.2m)

EBIT (Q1, 2021)

(35.1m)

Market capitalization (12-Nov-2021)

5.1b

Closing stock price (12-Nov-2021)

93.1

Cash (31-Mar-2021)

975.8m

EV

4.2b
Howard Hughes's current market capitalization is $5.1 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

151.1m275.7m376.9m474.6m634.6m797.1m1.0b1.1b1.1b1.3b699.5m

Revenue growth, %

82%37%26%34%26%30%

Sales and marketing expense

22.8m25.5m22.2m20.5m29.2m23.1m8.2m

General and administrative expense

35.2m34.4m48.5m73.6m81.3m86.6m89.9m104.6m156.3m109.4m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

50.8m86.9m79.8m93.9m94.8m90.1m147.1m103.5m98.7m209.6m119.2m155.1m209.2m203.4m239.7m272.2m240.8m231.8m308.6m258.7m161.7m342.7m353.9m431.3m231.2m175.2m156.2m154.4m190.6m

Sales and marketing expense

5.3m6.4m6.2m5.6m7.6m4.5m6.3m4.7m4.2m4.7m5.9m6.1m5.7m5.8m5.3m2.8m1.8m1.9m1.6m

General and administrative expense

8.4m10.0m9.8m8.2m9.3m11.2m6.8m11.9m16.9m17.5m14.8m19.0m19.6m18.5m20.3m20.1m21.1m18.1m22.9m22.4m24.3m51.2m25.3m30.1m32.5m39.1m22.2m23.4m21.8m

Operating expense total

17.8m27.0m23.9m23.2m26.3m26.7m24.1m34.5m34.7m39.4m36.3m43.4m44.8m42.8m40.6m41.6m42.4m40.8m48.0m49.6m53.5m348.7m68.3m77.2m91.1m56.2m33.7m26.7m82.0m
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Annual
USDY, 2009Y, 2010Y, 2011FY, 2011FY, 2012Y, 2012Y, 2013FY, 2013FY, 2014Y, 2014Y, 2015FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

3.2m284.7m227.6m227.6m229.2m229.2m894.9m894.9m560.5m560.5m445.3m445.3m665.5m861.1m499.7m422.9m1.0b

Accounts Receivable

15.6m13.9m21.4m21.4m28.2m28.2m32.2m32.2m9.9m13.0m12.6m12.3m7.4m

Prepaid Expenses

127.2m143.5m173.9m310.1m441.2m473.3m411.6m300.4m341.4m

Inventories

Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Cash

276.0m293.4m210.0m254.3m272.9m200.5m213.2m210.8m827.1m739.6m805.6m458.4m488.6m450.6m736.8m670.8m653.0m541.5m660.1m601.9m632.8m606.7m452.9m650.7m638.0m971.7m930.6m857.4m975.8m

Accounts Receivable

7.0m15.6m14.0m15.3m13.4m16.6m18.7m19.7m24.3m25.2m25.8m37.3m36.1m32.1m29.1m40.2m38.2m10.2m12.0m9.7m14.4m13.5m16.0m20.0m17.2m71.0m

Prepaid Expenses

141.1m130.0m130.6m120.0m124.8m154.2m125.8m151.4m216.3m282.9m314.3m293.2m278.3m323.6m550.9m692.6m820.2m714.4m752.6m796.0m210.3m253.6m249.5m246.9m332.6m343.1m360.2m215.6m

PP&E

2.1b2.5b2.5b2.6b2.6b2.7b2.7b2.8b3.1b3.3b3.5b4.2b4.3b4.4b4.4b4.5b4.6b4.8b4.9b5.0b5.4b6.0b6.0b6.1b3.9b4.0b4.1b4.1b
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

148.5m(127.5m)(73.7m)(23.5m)126.7m202.3m166.6m57.7m74.3m(3.2m)

Depreciation and Amortization

16.8m24.4m33.8m56.0m99.0m95.9m132.3m126.6m154.4m198.6m

Accounts Payable

19.5m15.1m20.3m37.2m29.9m(46.3m)8.2m20.7m27.3m(1.2m)

Cash From Operating Activities

86.5m153.1m129.3m(58.3m)23.9m58.9m319.0m210.5m207.7m(72.9m)
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

(48.5m)116.5m(111.5m)(76.5m)(126.7m)(23.2m)(99.7m)(92.2m)(86.3m)(101.1m)(55.4m)(106.0m)(55.4m)100.8m143.8m150.7m158.7m5.7m8.8m19.3m1.8m(4.0m)31.9m45.3m75.3m(125.1m)(159.2m)4.8m(68.2m)

Depreciation and Amortization

6.4m13.6m5.1m11.0m17.7m6.4m13.2m23.2m10.5m22.0m35.0m21.5m46.6m71.6m23.0m47.9m71.2m25.5m60.3m96.2m27.9m56.8m36.0m73.8m113.9m57.3m99.7m146.3m49.3m

Accounts Payable

(13.2m)(20.5m)(15.3m)4.9m(5.9m)5.8m38.1m(5.7m)18.1m(7.7m)(11.0m)39.1m8.7m(24.8m)(19.0m)(59.1m)(40.5m)(36.6m)(49.9m)(20.8m)(57.3m)(16.6m)(9.6m)(47.4m)(25.0m)(33.0m)(47.8m)

Cash From Operating Activities

17.0m22.0m(878.0k)29.6m59.3m16.6m89.4m108.8m26.2m9.3m16.0m(21.9m)(957.0k)32.6m(42.4m)(136.8m)(218.3m)(57.8m)(97.6m)(127.5m)(86.4m)(59.7m)160.3m137.2m(73.2m)(98.6m)(169.8m)(84.7m)
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Show all financial metrics

Howard Hughes Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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Howard Hughes Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Howard Hughes Online and Social Media Presence

Howard Hughes's Trends

Embed Graph

Howard Hughes Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    C

    67/100

  • Compensation

    B+

    78/100

  • Diversity

    B+

    78/100

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Howard Hughes News and Updates

October 07, 2021

The Howard Hughes Corporation® Announces Dates And Times For Third-Quarter 2021 Earnings Release And Conference Call

HOUSTON, Oct. 7, 2021 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that it will release 2021 third-quarter earnings on Thursday, November 4, 2021, after the market closes and will hold its third-quarter conference call on Friday, November 5, 2021, at 10:00...
September 17, 2021

Cork Publishing Company Announces the Release of THE FORENSIC by Paul Regan, an Untold Story of Billionaire Howard Hughes

A Rare Story of Justice Draws Wide Acclaim
September 17, 2021

CPA Paul Regan Announces the Release of THE FORENSIC, an Untold Story of Billionaire Howard Hughes

A Rare Story of Justice Draws Wide Acclaim
April 08, 2021

The Howard Hughes Corporation® Names Correne Loeffler As Chief Financial Officer

HOUSTON, April 8, 2021 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) today announced that Correne Loeffler has been appointed to serve as the company's Chief Financial Officer, effective April 19, 2021. Ms. Loeffler succeeds David O'Reilly as the company's CFO, a position...
February 03, 2021

The Howard Hughes Corporation Accelerates Growth Across Portfolio Of Master Planned Communities With Plans For Approximately 2 Million Square Feet Of Development

HOUSTON, Feb. 3, 2021 /PRNewswire/ -- The Howard Hughes Corporation (NYSE: HHC) today announced the acceleration of plans for approximately two million square feet of development across the company's portfolio of master planned communities (MPCs). Following strong home sales in 2020 and...
January 29, 2021

The Howard Hughes Corporation® Announces Appointment of Anthony A. Williams to Board of Directors

HOUSTON, Jan. 29, 2021 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today the appointment of Anthony A. Williams to its Board of Directors, effective February 1, 2021. Mr. Williams is the Chief Executive Officer of Federal City Council, a nonprofit organization...
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 Howard Hughes Frequently Asked Questions

  • When was Howard Hughes founded?

    Howard Hughes was founded in 2011.

  • Who are Howard Hughes key executives?

    Howard Hughes's key executives are William Ackman, Paul H. Layne and David O'Reilly.

  • How many employees does Howard Hughes have?

    Howard Hughes has 1,500 employees.

  • What is Howard Hughes revenue?

    Latest Howard Hughes annual revenue is $699.5 m.

  • What is Howard Hughes revenue per employee?

    Latest Howard Hughes revenue per employee is $466.3 k.

  • Who are Howard Hughes competitors?

    Competitors of Howard Hughes include Krata Sociedad de Tasacion, Omaxe and Starworth Infrastructure and Construction.

  • Where is Howard Hughes headquarters?

    Howard Hughes headquarters is located at 13355 Noel Rd, Dallas.

  • Where are Howard Hughes offices?

    Howard Hughes has offices in Dallas, Alexandria, Columbia, Cypress and in 6 other locations.

  • How many offices does Howard Hughes have?

    Howard Hughes has 11 offices.