HHH - NYSE
Howard Hughes Holdings Inc.
$65.20
+2.3%Howard Hughes Holdings Inc., together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona. The Seaport segment is involved in the landlord operations, managed businesses, and events and sponsorships services of its restaurant, retail, and entertain properties in Pier 17, New York City; Historic Area/Uplands; and Tin Building, as well as in 250 Water Street and in the Jean-Georges restaurants. The Strategic Development segment develops and redevelops residential condominiums and commercial properties. It serves homebuilders. Howard Hughes Holdings Inc. was founded in 2010 and is headquartered in The Woodlands, Texas.
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Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $580.9M | $729.7M | $916.7M | $1.2B | $1.4B | $1.8B | $2.3B | $2.9B | $3.6B | $4.5B |
| Maintenance CapEx | -$5.4M | -$6.8M | -$8.6M | -$10.8M | -$13.5M | -$17.0M | -$21.3M | -$26.8M | -$33.7M | -$42.3M |
| Owner Earnings | $575.4M | $722.9M | $908.1M | $1.1B | $1.4B | $1.8B | $2.3B | $2.8B | $3.6B | $4.5B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $532.8M | $619.7M | $720.9M | $838.5M | $975.4M | $1.1B | $1.3B | $1.5B | $1.8B | $2.1B |
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