Howard Hughes

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.
Company Growth (employees)
Type
Public
HQ
Dallas, US
Founded
2011
Size (employees)
1,100 (est)
Howard Hughes was founded in 2011 and is headquartered in Dallas, US

Howard Hughes Office Locations

Howard Hughes has an office in Dallas
Dallas, US (HQ)
13355 Noel Rd

Howard Hughes Data and Metrics

Howard Hughes Financial Metrics

Howard Hughes's revenue was reported to be $1 b in FY, 2016 which is a 30% increase from the previous period.
USD

Revenue (FY, 2016)

1 b

Revenue growth (FY, 2015 - FY, 2016), %

30%

Net income (FY, 2016)

202.3 m

EBIT (FY, 2016)

326.8 m

Market capitalization (21-Jul-2017)

5.4 b

Cash (31-Dec-2016)

665.5 m
Howard Hughes's current market capitalization is $5.4 b.
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

151.1 m275.7 m376.9 m474.6 m634.6 m797.1 m1 b

Revenue growth, %

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

General and administrative expense

86.6 m

Operating expense total

363.4 m467.8 m678.3 m824.5 m

EBIT

111.2 m166.7 m115 m326.8 m

EBIT margin, %

23%26%14%32%

Interest expense

2.4 m964 k9.8 m38.6 m59.7 m65.7 m

Interest income

3.2 m22.5 m586 k1.4 m

Income tax expense

(633.5 m)(18.3 m)6.9 m9.6 m63 m24 m(118.5 m)

Net Income

(73.7 m)(23.5 m)126.7 m202.3 m
USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

3.2 m284.7 m227.6 m229.2 m894.9 m560.5 m445.3 m665.5 m

Accounts Receivable

21.4 m28.2 m32.2 m9.9 m

Total Assets

4.6 b5.1 b5.7 b6.4 b

Accounts Payable

284 m466 m515.4 m572 m

Total Liabilities

3.8 b

Additional Paid-in Capital

2.8 b2.8 b2.8 b2.9 b

Retained Earnings

(583.4 m)(606.9 m)(480.2 m)(277.9 m)

Total Equity

2.2 b2.2 b2.4 b2.6 b

Financial Leverage

2 x2.3 x2.4 x2.5 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(73.7 m)(23.5 m)126.7 m202.3 m

Depreciation and Amortization

33.8 m56 m99 m95.9 m

Accounts Receivable

28.2 m32.2 m9.9 m

Accounts Payable

20.3 m466 m515.4 m572 m

Cash From Operating Activities

129.3 m(334.5 m)(115.2 m)

Interest Paid

30.6 m

Income Taxes Paid

2.3 m
Y, 2016

Financial Leverage

2.5 x

Howard Hughes Market Value History

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