vs

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

MATTEL INC is the larger business by last-quarter revenue ($862.2M vs $624.4M, roughly 1.4× Howard Hughes Holdings Inc.). MATTEL INC runs the higher net margin — 7.1% vs 1.0%, a 6.1% gap on every dollar of revenue. On growth, MATTEL INC posted the faster year-over-year revenue change (4.3% vs -33.2%). Howard Hughes Holdings Inc. produced more free cash flow last quarter ($348.6M vs $-88.1M). Over the past eight quarters, Howard Hughes Holdings Inc.'s revenue compounded faster (91.0% CAGR vs -10.6%).

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.

Mattel Films was the film production division of American toy and entertainment company Mattel that operated from September 6, 2018 to June 2, 2025. It succeeded Mattel Playground Productions, which was formed on October 16, 2013 as part of Mattel Global Brands, a unified media structural and strategy unit, as itself the successor to Mattel Entertainment and Mattel Studios, Mattel's prior entertainment brands/banners.

HHH vs MAT — Head-to-Head

Bigger by revenue
MAT
MAT
1.4× larger
MAT
$862.2M
$624.4M
HHH
Growing faster (revenue YoY)
MAT
MAT
+37.5% gap
MAT
4.3%
-33.2%
HHH
Higher net margin
MAT
MAT
6.1% more per $
MAT
7.1%
1.0%
HHH
More free cash flow
HHH
HHH
$436.7M more FCF
HHH
$348.6M
$-88.1M
MAT
Faster 2-yr revenue CAGR
HHH
HHH
Annualised
HHH
91.0%
-10.6%
MAT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HHH
HHH
MAT
MAT
Revenue
$624.4M
$862.2M
Net Profit
$6.0M
$61.0M
Gross Margin
44.9%
Operating Margin
4.2%
Net Margin
1.0%
7.1%
Revenue YoY
-33.2%
4.3%
Net Profit YoY
-96.2%
251.4%
EPS (diluted)
$0.20
$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
HHH
HHH
MAT
MAT
Q1 26
$862.2M
Q4 25
$624.4M
$1.8B
Q3 25
$390.2M
$1.7B
Q2 25
$260.9M
$1.0B
Q1 25
$199.3M
$826.6M
Q4 24
$935.0M
$1.6B
Q3 24
$327.1M
$1.8B
Q2 24
$317.4M
$1.1B
Net Profit
HHH
HHH
MAT
MAT
Q1 26
$61.0M
Q4 25
$6.0M
$106.2M
Q3 25
$119.5M
$278.4M
Q2 25
$-12.1M
$53.4M
Q1 25
$10.5M
$-40.3M
Q4 24
$156.3M
$140.9M
Q3 24
$72.8M
$372.4M
Q2 24
$21.1M
$56.9M
Gross Margin
HHH
HHH
MAT
MAT
Q1 26
44.9%
Q4 25
45.9%
Q3 25
50.0%
Q2 25
50.9%
Q1 25
49.4%
Q4 24
50.7%
Q3 24
53.1%
Q2 24
49.2%
Operating Margin
HHH
HHH
MAT
MAT
Q1 26
Q4 25
4.2%
8.0%
Q3 25
48.6%
21.9%
Q2 25
26.0%
7.7%
Q1 25
24.0%
-6.4%
Q4 24
33.5%
9.6%
Q3 24
60.6%
26.5%
Q2 24
20.4%
7.7%
Net Margin
HHH
HHH
MAT
MAT
Q1 26
7.1%
Q4 25
1.0%
6.0%
Q3 25
30.6%
16.0%
Q2 25
-4.7%
5.2%
Q1 25
5.3%
-4.9%
Q4 24
16.7%
8.6%
Q3 24
22.2%
20.2%
Q2 24
6.6%
5.3%
EPS (diluted)
HHH
HHH
MAT
MAT
Q1 26
$0.20
Q4 25
$0.20
$0.32
Q3 25
$2.02
$0.88
Q2 25
$-0.22
$0.16
Q1 25
$0.21
$-0.12
Q4 24
$3.14
$0.40
Q3 24
$1.46
$1.09
Q2 24
$0.42
$0.17

Balance Sheet & Financial Strength

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

Metric
HHH
HHH
MAT
MAT
Cash + ST InvestmentsLiquidity on hand
$1.5B
$866.0M
Total DebtLower is stronger
$5.1B
$2.3B
Stockholders' EquityBook value
$3.8B
$2.1B
Total Assets
$10.6B
$6.3B
Debt / EquityLower = less leverage
1.35×
1.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HHH
HHH
MAT
MAT
Q1 26
$866.0M
Q4 25
$1.5B
$1.2B
Q3 25
$1.5B
$691.9M
Q2 25
$1.4B
$870.5M
Q1 25
$493.7M
$1.2B
Q4 24
$596.1M
$1.4B
Q3 24
$400.7M
$723.5M
Q2 24
$436.8M
$722.4M
Total Debt
HHH
HHH
MAT
MAT
Q1 26
$2.3B
Q4 25
$5.1B
$2.3B
Q3 25
$2.3B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$5.1B
$2.3B
Q3 24
$2.3B
Q2 24
$2.3B
Stockholders' Equity
HHH
HHH
MAT
MAT
Q1 26
$2.1B
Q4 25
$3.8B
$2.2B
Q3 25
$3.8B
$2.3B
Q2 25
$3.6B
$2.2B
Q1 25
$2.8B
$2.1B
Q4 24
$2.8B
$2.3B
Q3 24
$2.6B
$2.3B
Q2 24
$3.0B
$2.0B
Total Assets
HHH
HHH
MAT
MAT
Q1 26
$6.3B
Q4 25
$10.6B
$6.6B
Q3 25
$10.7B
$6.6B
Q2 25
$10.3B
$6.2B
Q1 25
$9.3B
$6.2B
Q4 24
$9.2B
$6.5B
Q3 24
$9.4B
$6.5B
Q2 24
$9.9B
$5.9B
Debt / Equity
HHH
HHH
MAT
MAT
Q1 26
1.11×
Q4 25
1.35×
1.04×
Q3 25
1.03×
Q2 25
1.08×
Q1 25
1.10×
Q4 24
1.85×
1.03×
Q3 24
1.01×
Q2 24
1.18×

Cash Flow & Capital Efficiency

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

Metric
HHH
HHH
MAT
MAT
Operating Cash FlowLast quarter
$360.3M
Free Cash FlowOCF − Capex
$348.6M
$-88.1M
FCF MarginFCF / Revenue
55.8%
-10.2%
Capex IntensityCapex / Revenue
1.9%
7.6%
Cash ConversionOCF / Net Profit
60.04×
TTM Free Cash FlowTrailing 4 quarters
$417.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HHH
HHH
MAT
MAT
Q1 26
Q4 25
$360.3M
$796.6M
Q3 25
$149.8M
$72.0M
Q2 25
$177.3M
$-300.1M
Q1 25
$-224.9M
$24.8M
Q4 24
$337.1M
$862.1M
Q3 24
$248.3M
$155.8M
Q2 24
$-17.5M
$-252.9M
Free Cash Flow
HHH
HHH
MAT
MAT
Q1 26
$-88.1M
Q4 25
$348.6M
Q3 25
$137.7M
Q2 25
$169.7M
Q1 25
$-238.4M
Q4 24
$317.1M
Q3 24
$238.7M
Q2 24
$-25.1M
FCF Margin
HHH
HHH
MAT
MAT
Q1 26
-10.2%
Q4 25
55.8%
Q3 25
35.3%
Q2 25
65.1%
Q1 25
-119.6%
Q4 24
33.9%
Q3 24
73.0%
Q2 24
-7.9%
Capex Intensity
HHH
HHH
MAT
MAT
Q1 26
7.6%
Q4 25
1.9%
Q3 25
3.1%
Q2 25
2.9%
Q1 25
6.8%
Q4 24
2.1%
Q3 24
2.9%
Q2 24
2.4%
Cash Conversion
HHH
HHH
MAT
MAT
Q1 26
Q4 25
60.04×
7.50×
Q3 25
1.25×
0.26×
Q2 25
-5.62×
Q1 25
-21.35×
Q4 24
2.16×
6.12×
Q3 24
3.41×
0.42×
Q2 24
-0.83×
-4.45×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HHH
HHH

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

MAT
MAT

Segment breakdown not available.

Related Comparisons