Howard Hughes Holdings Inc.
For the period ended Dec 31, 2025. Filed Feb 19, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 19, 2026
HHH$85.60+10.1%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Financial Statements Consolidated Balance Sheets
| FINANCIAL STATEMENTS | Table of ContentsIndex to Financial Statements |
|---|
CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| thousands except par values and share amounts | 2025 | 2024 |
| ASSETS | ||
| Master Planned Communities assets | $2,635,077 | $2,511,662 |
| Buildings and equipment | 4,028,862 | 3,841,872 |
| Less: accumulated depreciation | (1,082,124) | (949,533) |
| Land | 307,625 | 302,446 |
| Developments | 1,477,615 | 1,341,029 |
| Net investment in real estate | 7,367,055 | 7,047,476 |
| Investments in unconsolidated ventures | 170,122 | 169,566 |
| Cash and cash equivalents | 1,468,507 | 596,083 |
| Restricted cash | 628,651 | 402,420 |
| Accounts receivable, net | 134,122 | 105,185 |
| Municipal Utility District (MUD) receivables, net | 459,729 | 463,799 |
| Deferred expenses, net | 160,966 | 139,350 |
| Operating lease right-of-use assets | 5,231 | 5,806 |
| Other assets, net | 245,078 | 281,551 |
| Total assets | $10,639,461 | $9,211,236 |
| LIABILITIES | ||
| Mortgages, notes, and loans payable, net | $5,109,828 | $5,127,469 |
| Operating lease obligations | 4,868 | 5,456 |
| Deferred tax liabilities, net | 164,472 | 142,100 |
| Accounts payable and other liabilities | 1,518,047 | 1,094,437 |
| Total liabilities | 6,797,215 | 6,369,462 |
| Commitments and Contingencies (see Note 12) | ||
| EQUITY | ||
| Preferred stock: $0.01 par value; 50,000,000 shares authorized, none issued | — | — |
| Common stock: $0.01 par value; 150,000,000 shares authorized, 65,910,640 issued, and 59,370,353 outstanding as of December 31, 2025, and 56,610,009 shares issued, and 50,116,150 outstanding as of December 31, 2024 | 659 | 566 |
| Additional paid-in capital | 4,458,838 | 3,576,274 |
| Retained earnings (accumulated deficit) | (62,096) | (185,993) |
| Accumulated other comprehensive income (loss) | (1,827) | 1,968 |
| Treasury stock, at cost, 6,540,287 shares as of December 31, 2025, and 6,493,859 shares as of December 31, 2024 | (620,118) | (616,589) |
| Total stockholders' equity | 3,775,456 | 2,776,226 |
| Noncontrolling interests | 66,790 | 65,548 |
| Total equity | 3,842,246 | 2,841,774 |
| Total liabilities and equity | $10,639,461 | $9,211,236 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.