The Howard Hughes's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of The Howard Hughes (HHC) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: The Howard Hughes vs Its Competitors
- TTM: Trailing 12-month revenue of 2,260M vs 17,608M combined for its competitors (11.4% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+78.6% annualized vs trailing 12 months), vs accelerating (+2.7%) for its tracked peer group.
- Growth: The Howard Hughes generated 286.8% revenue growth year over year in Q2 2026, vs 4.0% for its competitors combined.
- Profitability: Its 18.3% net margin compares with 25.0% for the peer group.
- Peer revenue share: The Howard Hughes accounted for 18.3% of combined revenue among its tracked peer group, up from 5.7% a year earlier.
- Peer differentiation: Revenue per employee of $2.05M compares with $2.18M for the peer group (0.9x).
- Structure: The Howard Hughes operates in the following segments: Operating Assets, Master Planned Communities, Strategic Developments, Corporate and Unallocated.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
HHC Sales vs. its Competitors, Q2 2026
The Howard Hughes reported revenue growth of 286.84 % year on year in Q2 2026, above its competitors' combined revenue growth of 4.01 %.
With a net margin of 18.26 %, The Howard Hughes reported lower profitability than its competitors (24.95 %).
The Howard Hughes generated 18.25 % of the combined sales of its peer group, up from 5.66 % a year earlier.
API endpoints for this dataset
The Howard Hughes vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in The Howard Hughes reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across The Howard Hughes and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| The Howard Hughes Corporation | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (1) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across The Howard Hughes's competitor groups requires a Commercial License.
For context: the Real Estate Investment Trusts industry grew revenue -1.0% year over year, combined, vs 286.8% for The Howard Hughes. The Howard Hughes's share of combined industry revenue moved from 0.35% to 1.36%, a gain of 1.01 percentage points.
The Howard Hughes's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| The Howard Hughes Corporation | Yes | Yes | Yes | No |
| Competitors combined (7) | ||||
| High-Confidence Competitors (1) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 100.00 % (8 of 8) | 100.00 % (8 of 8) | 0.00 % (0 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
HHC Stock Performance relative to its Competitors
HHC Stock Performance relative to High-Confidence Competitors
HHC Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Simon Property Group inc | 282.9% | Outperformed |
| 2 | Prologis Inc | 282.9% | Outperformed |
| 3 | Vornado Realty Trust | 282.9% | Outperformed |
| 4 | Sl green Realty corp | 282.9% | Outperformed |
| 5 | Bxp Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for The Howard Hughes's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
The Howard Hughes's Comment on Competition and Industry Peers
Publicly Traded Peers of The Howard Hughes Corporation
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 The Howard Hughes Corporation |
- | 2,259.79 |
 Prologis Inc |
121,612.95 | 9,189.77 |
 Simon Property Group inc |
74,227.68 | 6,648.59 |
 Bxp Inc |
10,377.48 | 3,525.68 |
 Alexandria Real Estate Equities Inc |
7,649.64 | 2,759.40 |
 Vornado Realty Trust |
6,794.41 | 1,807.95 |
| SUBTOTAL | 228,443.92 | 28,323.90 |
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Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on The Howard Hughes Corporation versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
The Howard Hughes's Competitors Named by the Company
Competitive relationships identified from The Howard Hughes reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Floreo | Company report | 85% |
| Bridgeland | Company report | 85% |
| Summerlin | Company report | 85% |
| RCLCO | Company report | 85% |
| Robert Charles Lesser & Co., LLC (RCLCO) | Company report | 85% |
| Ernst and Young | Company report | 85% |
| AvalonBay Communities | Company report | 85% |
| Simon Property Group inc | Company report | 85% |
| Vornado Realty Trust | Company report | 85% |
Company report basis, confidence, active dates and source counts for The Howard Hughes's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
The Howard Hughes's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| The Howard Hughes Corporation | Operating Assets 50.53 % |
| Prologis Inc | Real Estate Operations Segment 93.21 % |
| Alexandria Real Estate Equities Inc | Reportable Segment, Aggregation before Other Operating 93.26 % |
| Vornado Realty Trust | New York 82.22 % |
| Kilroy Realty Corporation | Office and Life Science Properties 100.00 % |
| Sl green Realty corp | Real Estate 83.75 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
The Howard Hughes's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| The Howard Hughes Corporation | - | 2,054,352 | 295,714 |
| Prologis Inc | 121,613 | 3,279,717 | 1,574,047 |
| Simon Property Group inc | 74,228 | 1,846,829 | 1,515,221 |
| Bxp Inc | 10,377 | 4,268,383 | 500,507 |
| Alexandria Real Estate Equities Inc | 7,650 | 52,064,189 | -24,030,792 |
| Vornado Realty Trust | 6,794 | 574,865 | 259,254 |
| PEERS TOTAL | 228,444 | 2,180,003 | 823,112 |
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The Howard Hughes's Position in Industry Market Structure
Market-capitalization share and concentration across all 181 companies in The Howard Hughes's industry classification, broader than the peer set above. Market cap in millions of $.The Howard Hughes ranks #0 of 181 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 413, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Welltower Inc | 180,807 | 12.02 % |
| 2 | Prologis Inc | 121,613 | 8.09 % |
| 3 | Equinix Inc | 100,396 | 6.67 % |
| 4 | American Tower Corporation | 88,026 | 5.85 % |
| 5 | Simon Property Group inc | 1,234 | 5.2% |
| 6 | Digital Realty Trust Inc | 1,234 | 5.2% |
| 7 | Public Storage | 1,234 | 5.2% |
| 8 | Realty Income Corporation | 1,234 | 5.2% |
| 9 | Ventas inc | 1,234 | 5.2% |
| 10 | Crown Castle Inc | 1,234 | 5.2% |
| 0 | The Howard Hughes Corporation | - | 0.00 % |
Market cap and industry share for the rest of The Howard Hughes's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2023-08-11.
The Howard Hughes's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Real Estate Investment Trusts industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (283 companies). See the full Real Estate Investment Trusts industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 38.90 % | 42.02 % (avg) | -3.1 pp |
| Operating Margin | 25.79 % | industry median | -1.3 pp |
| EBITDA Margin | 31.86 % | 38.49 % (avg) | -6.6 pp |
| Capital Intensity (Capex / Revenue) | 7.38 % | 28.31 % (avg) | -20.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
The Howard Hughes's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue Growth | -3.23 % | 22.17 % | -46.22 % | 104.13 % | 12.65 % | -43.50 % | 92.65 % | -15.75 % |
| Operating Margin | 10.03 % | 11.56 % | -17.09 % | 16.94 % | 22.95 % | 23.91 % | 32.19 % | 24.74 % |
| Return on Invested Capital | 1.11 % | 1.40 % | -0.99 % | 2.00 % | 2.93 % | 1.67 % | 4.48 % | 3.25 % |
| P/E | 73.7x | 68.4x | - | 78.2x | 19.9x | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
The Howard Hughes's Strategic Group Map
The Howard Hughes is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
The Howard Hughes's trailing-12-month revenue growth of 27.6% and operating margin of 25.8% compares with an average of 22.3% growth and 25.6% margin across its 8 closest peers by combined growth, margin and ROIC -- The Howard Hughes sits above that peer average on growth and above it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
The Howard Hughes's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 413 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 7.38 % vs industry average 28.31 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on The Howard Hughes's dedicated Suppliers and Customers pages, not here.
The Howard Hughes's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
The Howard Hughes falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
The Howard Hughes's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Return on equity 5.7 points above the industry aggregate.
- Latest-quarter revenue run-rate is accelerating (+78.6% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
No rule matched.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
The Howard Hughes's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| The Howard Hughes Corporation | 0.65 | 1.10 | 1.89 |
| Prologis Inc | 0.62 | 0.62 | 0.61 |
| Simon Property Group inc | 481.01 | 876.45 | 5.95 |
| Bxp Inc | 0.75 | 0.89 | 1.45 |
| Alexandria Real Estate Equities Inc | 0.20 | 0.39 | 0.64 |
| Vornado Realty Trust | 2.83 | 3.06 | 0.79 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
The Howard Hughes's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| The Howard Hughes Corporation | Q2 2026 | +286.8 % | - |
| Prologis Inc | Q2 2026 | +11.1 % | +70.7 % |
| Simon Property Group inc | Q1 2026 | +19.3 % | +19.0 % |
| Bxp Inc | Q2 2026 | +3.1 % | -14.0 % |
| Alexandria Real Estate Equities Inc | Q3 2026 | -10.7 % | - |
| Vornado Realty Trust | Q1 2026 | -0.5 % | - |
| PEERS TOTAL | +18.7 % | +6.6 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
The Howard Hughes's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| The Howard Hughes Corporation | Q2 2026 | - | -34.4 % |
| Prologis Inc | Q2 2026 | +717.8 % | +88.4 % |
| Simon Property Group inc | Q1 2026 | +24.8 % | -9.5 % |
| Bxp Inc | Q2 2026 | +1.2 % | +13.1 % |
| Alexandria Real Estate Equities Inc | Q3 2026 | -4.7 % | -17.2 % |
| Vornado Realty Trust | Q1 2026 | - | +229.8 % |
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The Howard Hughes's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| The Howard Hughes Corporation | 3.30% | 3.67% | 11.34% |
| Prologis Inc | 4.45% | 3.12% | 7.64% |
| Simon Property Group inc | 14.83% | 12.17% | 120.40% |
| Bxp Inc | 1.61% | 1.44% | 5.40% |
| Alexandria Real Estate Equities Inc | - | - | - |
| Vornado Realty Trust | 5.19% | 5.08% | 13.13% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
The Howard Hughes's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| The Howard Hughes Corporation | 16.06 | - |
| Prologis Inc | 28.47 | 13.23 |
| Simon Property Group inc | 15.88 | 11.16 |
| Bxp Inc | 34.95 | 2.94 |
| Alexandria Real Estate Equities Inc | - | 2.77 |
| Vornado Realty Trust | 8.72 | 3.76 |
| PEERS AVERAGE | 22.47 | 8.07 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.