Overview
Howard Hughes
The Howard Hughes Corporation (THHC) is involved in neither planes, movies, or medical research, but one of the 20th century entrepreneur's later interests, real estate. The company arose from the bankruptcy restructuring of shopping mall developer General Growth Properties (GGP) to oversee much of GGP's non-retail assets. THHC owns GGP's former portfolio of four master planned communities outside Columbia, Maryland; Houston, Texas; and Summerlin,
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Read More Nevada; as well as about two dozen other as-yet undeveloped sites and commercial properties in 16 states from New York to Hawaii, including GGP's own headquarters building in downtown Chicago. Unlike GGP, THHC does not operate as a REIT.
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Read More Nevada; as well as about two dozen other as-yet undeveloped sites and commercial properties in 16 states from New York to Hawaii, including GGP's own headquarters building in downtown Chicago. Unlike GGP, THHC does not operate as a REIT.
Read Less
David O'Reilly
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Land Subdivision
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Lessors of Real Estate
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Heavy and Civil Engineering Construction
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Construction
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Subdividers and developers, nec
See All Industries Real estate investment trusts
See Fewer Industries
See All Industries Real estate investment trusts
See Fewer Industries
Building Equipment Contractors
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Building Finishing Contractors
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Foundation, Structure, and Building Exterior Contractors
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Highway, Street, and Bridge Construction
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Nonresidential Building Construction
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Other Heavy and Civil Engineering Construction
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Other Specialty Trade Contractors
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Residential Building Construction
View more Utility System Construction
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View more Utility System Construction
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Modelled
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Actual
$1.75 billion
Actual
92.65%
$9,211
DEC
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Contacts
Get in Touch with 6 Principals* and 194 Contacts
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David O'ReillyChief Executive Officer
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Contact 2?
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Contact 3?
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Contact 4?
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Financial Statements
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Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$1.75 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Net Operating Cash | $397 | -$258 | $325 |
Net Investing Cash | -$301 | -$336 | -$221 |
Net Financing Cash | -$150 | $549 | -$222 |
Net Change in Cash | -$55 | -$46 | -$118 |
Cash at Beginning of Period | $1,053 | $1,099 | $1,217 |
Cash at End of Period | $999 | $1,053 | $1,099 |
Capital Expenditure | -$2 | -$7 | -$2 |
Assets (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $596 | $630 | $627 |
Accounts Receivable | $93 | $90 | $96 |
Inventories | $1 | $1 | $22 |
Other Current Assets | $1,086 | $1,737 | $1,100 |
Asset Summary | |||
Total Current Assets | $1,775 | $2,457 | $1,846 |
Tangible Fixed Assets | $6 | $5 | $47 |
Intangible Assets | $36 | $37 | $65 |
Total Assets | $9,211 | $9,577 | $9,603 |
Liabilities (mil) | 2024 | 2023 | 2022 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $48 | $48 | $36 |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $539 | $726 | $492 |
Liability Summary | |||
Total Current Liabilities | $588 | $773 | $528 |
Long-Term Debt | $5,127 | $5,147 | $4,747 |
Other Long-Term Liabilities | $507 | $508 | $416 |
Total Liabilities | $6,369 | $6,518 | $5,997 |
Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
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Equity | |||
Common Stock | $1 | $1 | $1 |
Retained Earnings | -$186 | -$384 | $168 |
Equity Summary | |||
Total Equity | $2,776 | $2,993 | $3,540 |
Shares Outstanding | 50,116,150 | 50,038,014 | 49,801,997 |