Name | Value |
---|---|
Revenues | 482.0M |
Cost of Revenue | 293.5M |
Gross Profit | 188.5M |
Operating Expense | 78.0M |
Operating I/L | 79.1M |
Other Income/Expense | -7.1M |
Interest Income | 2.5M |
Pretax | 72.0M |
Income Tax Expense | 18.7M |
Net Income/Loss | 52.8M |
The Howard Hughes Corporation owns, manages, and develops commercial, residential, and hospitality properties in the United States. It operates through segments including Operating Assets, Master Planned Communities (MPCs), Seaport District, and Strategic Developments. The Operating Assets segment owns retail, office, multi-family, hospitality, and other operating assets primarily located in key cities. The MPCs segment develops and sells single-family homes and leases land for commercial development. The Seaport District segment is involved in landlord operations, managed businesses, and events. The Strategic Development segment invests in residential and commercial property projects, totaling 18 development or redevelopment projects.