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Side-by-side financial comparison of Howard Hughes Holdings Inc. (HHH) and Noble Corp plc (NE). Click either name above to swap in a different company.
Noble Corp plc is the larger business by last-quarter revenue ($764.4M vs $235.9M, roughly 3.2× Howard Hughes Holdings Inc.). Noble Corp plc runs the higher net margin — 11.3% vs 3.4%, a 7.9% gap on every dollar of revenue. On growth, Howard Hughes Holdings Inc. posted the faster year-over-year revenue change (18.4% vs -17.6%). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% CAGR vs -13.8%).
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.
Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.
HHH vs NE — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $235.9M | $764.4M |
| Net Profit | $8.1M | $86.6M |
| Gross Margin | — | — |
| Operating Margin | 121.6% | 5.6% |
| Net Margin | 3.4% | 11.3% |
| Revenue YoY | 18.4% | -17.6% |
| Net Profit YoY | -25.6% | -10.4% |
| EPS (diluted) | $0.14 | $0.54 |
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.
| Q1 26 | $235.9M | — | ||
| Q4 25 | $624.4M | $764.4M | ||
| Q3 25 | $390.2M | $798.0M | ||
| Q2 25 | $260.9M | $848.7M | ||
| Q1 25 | $199.3M | $874.5M | ||
| Q4 24 | $935.0M | $927.3M | ||
| Q3 24 | $327.1M | $800.5M | ||
| Q2 24 | $317.4M | $692.8M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $6.0M | $86.6M | ||
| Q3 25 | $119.5M | $-21.1M | ||
| Q2 25 | $-12.1M | $42.9M | ||
| Q1 25 | $10.5M | $108.3M | ||
| Q4 24 | $156.3M | $96.6M | ||
| Q3 24 | $72.8M | $61.2M | ||
| Q2 24 | $21.1M | $195.0M |
| Q1 26 | 121.6% | — | ||
| Q4 25 | 4.2% | 5.6% | ||
| Q3 25 | 48.6% | 6.3% | ||
| Q2 25 | 26.0% | 15.9% | ||
| Q1 25 | 24.0% | 21.4% | ||
| Q4 24 | 33.5% | 18.4% | ||
| Q3 24 | 60.6% | 14.4% | ||
| Q2 24 | 20.4% | 30.3% |
| Q1 26 | 3.4% | — | ||
| Q4 25 | 1.0% | 11.3% | ||
| Q3 25 | 30.6% | -2.6% | ||
| Q2 25 | -4.7% | 5.1% | ||
| Q1 25 | 5.3% | 12.4% | ||
| Q4 24 | 16.7% | 10.4% | ||
| Q3 24 | 22.2% | 7.6% | ||
| Q2 24 | 6.6% | 28.1% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.20 | $0.54 | ||
| Q3 25 | $2.02 | $-0.13 | ||
| Q2 25 | $-0.22 | $0.27 | ||
| Q1 25 | $0.21 | $0.67 | ||
| Q4 24 | $3.14 | $0.56 | ||
| Q3 24 | $1.46 | $0.40 | ||
| Q2 24 | $0.42 | $1.34 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.8B | $471.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | $4.5B |
| Total Assets | $11.2B | $7.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.5B | $471.4M | ||
| Q3 25 | $1.5B | $477.9M | ||
| Q2 25 | $1.4B | $338.2M | ||
| Q1 25 | $493.7M | $303.8M | ||
| Q4 24 | $596.1M | $247.3M | ||
| Q3 24 | $400.7M | $391.9M | ||
| Q2 24 | $436.8M | $162.9M |
| Q1 26 | — | — | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.8B | — | ||
| Q4 25 | $3.8B | $4.5B | ||
| Q3 25 | $3.8B | $4.5B | ||
| Q2 25 | $3.6B | $4.6B | ||
| Q1 25 | $2.8B | $4.7B | ||
| Q4 24 | $2.8B | $4.7B | ||
| Q3 24 | $2.6B | $4.7B | ||
| Q2 24 | $3.0B | $4.0B |
| Q1 26 | $11.2B | — | ||
| Q4 25 | $10.6B | $7.5B | ||
| Q3 25 | $10.7B | $7.6B | ||
| Q2 25 | $10.3B | $7.7B | ||
| Q1 25 | $9.3B | $7.9B | ||
| Q4 24 | $9.2B | $8.0B | ||
| Q3 24 | $9.4B | $8.0B | ||
| Q2 24 | $9.9B | $5.6B |
| Q1 26 | — | — | ||
| Q4 25 | 1.35× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $187.1M |
| Free Cash FlowOCF − Capex | — | $35.4M |
| FCF MarginFCF / Revenue | — | 4.6% |
| Capex IntensityCapex / Revenue | — | 19.9% |
| Cash ConversionOCF / Net Profit | — | 2.16× |
| TTM Free Cash FlowTrailing 4 quarters | — | $432.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $360.3M | $187.1M | ||
| Q3 25 | $149.8M | $277.1M | ||
| Q2 25 | $177.3M | $216.4M | ||
| Q1 25 | $-224.9M | $271.1M | ||
| Q4 24 | $337.1M | $136.2M | ||
| Q3 24 | $248.3M | $283.8M | ||
| Q2 24 | $-17.5M | $106.8M |
| Q1 26 | — | — | ||
| Q4 25 | $348.6M | $35.4M | ||
| Q3 25 | $137.7M | $139.5M | ||
| Q2 25 | $169.7M | $99.8M | ||
| Q1 25 | $-238.4M | $157.5M | ||
| Q4 24 | $317.1M | $-4.4M | ||
| Q3 24 | $238.7M | $156.8M | ||
| Q2 24 | $-25.1M | $-34.3M |
| Q1 26 | — | — | ||
| Q4 25 | 55.8% | 4.6% | ||
| Q3 25 | 35.3% | 17.5% | ||
| Q2 25 | 65.1% | 11.8% | ||
| Q1 25 | -119.6% | 18.0% | ||
| Q4 24 | 33.9% | -0.5% | ||
| Q3 24 | 73.0% | 19.6% | ||
| Q2 24 | -7.9% | -4.9% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 19.9% | ||
| Q3 25 | 3.1% | 17.3% | ||
| Q2 25 | 2.9% | 13.7% | ||
| Q1 25 | 6.8% | 13.0% | ||
| Q4 24 | 2.1% | 15.2% | ||
| Q3 24 | 2.9% | 15.9% | ||
| Q2 24 | 2.4% | 20.4% |
| Q1 26 | — | — | ||
| Q4 25 | 60.04× | 2.16× | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | — | 5.05× | ||
| Q1 25 | -21.35× | 2.50× | ||
| Q4 24 | 2.16× | 1.41× | ||
| Q3 24 | 3.41× | 4.64× | ||
| Q2 24 | -0.83× | 0.55× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HHH
| Rental revenue | $113.5M | 48% |
| Master Planned Communities land sales | $99.6M | 42% |
| Other revenues | $11.0M | 5% |
| Builder price participation | $8.7M | 4% |
| Condominium rights and unit sales | $3.1M | 1% |
NE
| Floaters | $559.8M | 73% |
| Jackups | $145.5M | 19% |
| Service Other | $59.1M | 8% |
