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Side-by-side financial comparison of Capri Holdings Ltd (CPRI) and Howard Hughes Holdings Inc. (HHH). Click either name above to swap in a different company.

Capri Holdings Ltd is the larger business by last-quarter revenue ($1.0B vs $624.4M, roughly 1.6× Howard Hughes Holdings Inc.). Capri Holdings Ltd runs the higher net margin — 11.3% vs 1.0%, a 10.4% gap on every dollar of revenue. On growth, Capri Holdings Ltd posted the faster year-over-year revenue change (-18.7% vs -33.2%). Howard Hughes Holdings Inc. produced more free cash flow last quarter ($348.6M vs $183.0M). Over the past eight quarters, Howard Hughes Holdings Inc.'s revenue compounded faster (91.0% CAGR vs -15.2%).

Capri Holdings Limited is a multinational fashion holding company, incorporated in the British Virgin Islands, with executive offices in London and operational offices in New York. It was founded in 1981 by American designer Michael Kors. The company sells clothes, shoes, watches, handbags, and other accessories. In 2015, the company had more than 550 stores and over 1,500 in-store boutiques in various countries.

Howard Hughes Holdings Inc., formerly the Howard Hughes Corporation, is a real estate development and management company based in The Woodlands, Texas. It was formed in 2010 as a spin-off from General Growth Properties (GGP). Most of its holdings are focused on several master-planned communities. It took its name from the original Howard Hughes Corporation, which had developed the planned community of Summerlin, Nevada, and later became a subsidiary of GGP.

CPRI vs HHH — Head-to-Head

Bigger by revenue
CPRI
CPRI
1.6× larger
CPRI
$1.0B
$624.4M
HHH
Growing faster (revenue YoY)
CPRI
CPRI
+14.5% gap
CPRI
-18.7%
-33.2%
HHH
Higher net margin
CPRI
CPRI
10.4% more per $
CPRI
11.3%
1.0%
HHH
More free cash flow
HHH
HHH
$165.6M more FCF
HHH
$348.6M
$183.0M
CPRI
Faster 2-yr revenue CAGR
HHH
HHH
Annualised
HHH
91.0%
-15.2%
CPRI

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
CPRI
CPRI
HHH
HHH
Revenue
$1.0B
$624.4M
Net Profit
$116.0M
$6.0M
Gross Margin
60.8%
Operating Margin
4.5%
4.2%
Net Margin
11.3%
1.0%
Revenue YoY
-18.7%
-33.2%
Net Profit YoY
121.2%
-96.2%
EPS (diluted)
$0.96
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CPRI
CPRI
HHH
HHH
Q4 25
$1.0B
$624.4M
Q3 25
$856.0M
$390.2M
Q2 25
$797.0M
$260.9M
Q1 25
$1.6B
$199.3M
Q4 24
$1.1B
$935.0M
Q3 24
$878.0M
$327.1M
Q2 24
$848.0M
$317.4M
Q1 24
$171.1M
Net Profit
CPRI
CPRI
HHH
HHH
Q4 25
$116.0M
$6.0M
Q3 25
$-28.0M
$119.5M
Q2 25
$53.0M
$-12.1M
Q1 25
$-645.0M
$10.5M
Q4 24
$-547.0M
$156.3M
Q3 24
$24.0M
$72.8M
Q2 24
$-14.0M
$21.1M
Q1 24
$-52.5M
Gross Margin
CPRI
CPRI
HHH
HHH
Q4 25
60.8%
Q3 25
61.0%
Q2 25
63.0%
Q1 25
64.9%
Q4 24
63.1%
Q3 24
62.3%
Q2 24
63.1%
Q1 24
Operating Margin
CPRI
CPRI
HHH
HHH
Q4 25
4.5%
4.2%
Q3 25
-1.4%
48.6%
Q2 25
2.0%
26.0%
Q1 25
-47.5%
24.0%
Q4 24
2.4%
33.5%
Q3 24
-0.7%
60.6%
Q2 24
1.3%
20.4%
Q1 24
-9.8%
Net Margin
CPRI
CPRI
HHH
HHH
Q4 25
11.3%
1.0%
Q3 25
-3.3%
30.6%
Q2 25
6.6%
-4.7%
Q1 25
-39.1%
5.3%
Q4 24
-51.2%
16.7%
Q3 24
2.7%
22.2%
Q2 24
-1.7%
6.6%
Q1 24
-30.7%
EPS (diluted)
CPRI
CPRI
HHH
HHH
Q4 25
$0.96
$0.20
Q3 25
$-0.22
$2.02
Q2 25
$0.44
$-0.22
Q1 25
$-5.47
$0.21
Q4 24
$-4.61
$3.14
Q3 24
$0.20
$1.46
Q2 24
$-0.12
$0.42
Q1 24
$-1.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CPRI
CPRI
HHH
HHH
Cash + ST InvestmentsLiquidity on hand
$154.0M
$1.5B
Total DebtLower is stronger
$234.0M
$5.1B
Stockholders' EquityBook value
$105.0M
$3.8B
Total Assets
$3.3B
$10.6B
Debt / EquityLower = less leverage
2.23×
1.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CPRI
CPRI
HHH
HHH
Q4 25
$154.0M
$1.5B
Q3 25
$120.0M
$1.5B
Q2 25
$129.0M
$1.4B
Q1 25
$107.0M
$493.7M
Q4 24
$356.0M
$596.1M
Q3 24
$182.0M
$400.7M
Q2 24
$213.0M
$436.8M
Q1 24
$462.7M
Total Debt
CPRI
CPRI
HHH
HHH
Q4 25
$234.0M
$5.1B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.5B
Q4 24
$1.5B
$5.1B
Q3 24
$1.7B
Q2 24
$1.7B
Q1 24
Stockholders' Equity
CPRI
CPRI
HHH
HHH
Q4 25
$105.0M
$3.8B
Q3 25
$-74.0M
$3.8B
Q2 25
$-17.0M
$3.6B
Q1 25
$368.0M
$2.8B
Q4 24
$1.1B
$2.8B
Q3 24
$1.5B
$2.6B
Q2 24
$1.6B
$3.0B
Q1 24
$2.9B
Total Assets
CPRI
CPRI
HHH
HHH
Q4 25
$3.3B
$10.6B
Q3 25
$5.6B
$10.7B
Q2 25
$5.5B
$10.3B
Q1 25
$5.2B
$9.3B
Q4 24
$5.9B
$9.2B
Q3 24
$6.8B
$9.4B
Q2 24
$6.6B
$9.9B
Q1 24
$9.6B
Debt / Equity
CPRI
CPRI
HHH
HHH
Q4 25
2.23×
1.35×
Q3 25
Q2 25
Q1 25
4.05×
Q4 24
1.38×
1.85×
Q3 24
1.15×
Q2 24
1.08×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CPRI
CPRI
HHH
HHH
Operating Cash FlowLast quarter
$202.0M
$360.3M
Free Cash FlowOCF − Capex
$183.0M
$348.6M
FCF MarginFCF / Revenue
17.9%
55.8%
Capex IntensityCapex / Revenue
1.9%
1.9%
Cash ConversionOCF / Net Profit
1.74×
60.04×
TTM Free Cash FlowTrailing 4 quarters
$-134.0M
$417.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CPRI
CPRI
HHH
HHH
Q4 25
$202.0M
$360.3M
Q3 25
$-52.0M
$149.8M
Q2 25
$-8.0M
$177.3M
Q1 25
$-161.0M
$-224.9M
Q4 24
$309.0M
$337.1M
Q3 24
$50.0M
$248.3M
Q2 24
$83.0M
$-17.5M
Q1 24
$-171.2M
Free Cash Flow
CPRI
CPRI
HHH
HHH
Q4 25
$183.0M
$348.6M
Q3 25
$-65.0M
$137.7M
Q2 25
$-21.0M
$169.7M
Q1 25
$-231.0M
$-238.4M
Q4 24
$287.0M
$317.1M
Q3 24
$30.0M
$238.7M
Q2 24
$67.0M
$-25.1M
Q1 24
$-182.0M
FCF Margin
CPRI
CPRI
HHH
HHH
Q4 25
17.9%
55.8%
Q3 25
-7.6%
35.3%
Q2 25
-2.6%
65.1%
Q1 25
-14.0%
-119.6%
Q4 24
26.9%
33.9%
Q3 24
3.4%
73.0%
Q2 24
7.9%
-7.9%
Q1 24
-106.4%
Capex Intensity
CPRI
CPRI
HHH
HHH
Q4 25
1.9%
1.9%
Q3 25
1.5%
3.1%
Q2 25
1.6%
2.9%
Q1 25
4.2%
6.8%
Q4 24
2.1%
2.1%
Q3 24
2.3%
2.9%
Q2 24
1.9%
2.4%
Q1 24
6.3%
Cash Conversion
CPRI
CPRI
HHH
HHH
Q4 25
1.74×
60.04×
Q3 25
1.25×
Q2 25
-0.15×
Q1 25
-21.35×
Q4 24
2.16×
Q3 24
2.08×
3.41×
Q2 24
-0.83×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CPRI
CPRI

Michael Kors Segment$593.0M58%
Other$379.0M37%
Jimmy Choo Segment$53.0M5%

HHH
HHH

Transferred At Point In Time$499.8M80%
Operating Assets Segment$117.9M19%
Builder Price Participation$12.9M2%

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