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

Howard Hughes Holdings Inc. is the larger business by last-quarter revenue ($235.9M vs $124.5M, roughly 1.9× PagerDuty, Inc.). PagerDuty, Inc. runs the higher net margin — 129.7% vs 3.4%, a 126.3% gap on every dollar of revenue. On growth, Howard Hughes Holdings Inc. posted the faster year-over-year revenue change (18.4% vs 4.7%). Over the past eight quarters, PagerDuty, Inc.'s revenue compounded faster (5.9% 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.

PagerDuty, Inc. is an American cloud computing company specializing in a SaaS incident management platform for IT operations departments.

HHH vs PD — Head-to-Head

Bigger by revenue
HHH
HHH
1.9× larger
HHH
$235.9M
$124.5M
PD
Growing faster (revenue YoY)
HHH
HHH
+13.6% gap
HHH
18.4%
4.7%
PD
Higher net margin
PD
PD
126.3% more per $
PD
129.7%
3.4%
HHH
Faster 2-yr revenue CAGR
PD
PD
Annualised
PD
5.9%
-13.8%
HHH

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
HHH
HHH
PD
PD
Revenue
$235.9M
$124.5M
Net Profit
$8.1M
$161.6M
Gross Margin
85.3%
Operating Margin
121.6%
6.5%
Net Margin
3.4%
129.7%
Revenue YoY
18.4%
4.7%
Net Profit YoY
-25.6%
2827.7%
EPS (diluted)
$0.14
$1.69

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
PD
PD
Q1 26
$235.9M
Q4 25
$624.4M
$124.5M
Q3 25
$390.2M
$123.4M
Q2 25
$260.9M
$119.8M
Q1 25
$199.3M
$121.4M
Q4 24
$935.0M
$118.9M
Q3 24
$327.1M
$115.9M
Q2 24
$317.4M
$111.2M
Net Profit
HHH
HHH
PD
PD
Q1 26
$8.1M
Q4 25
$6.0M
$161.6M
Q3 25
$119.5M
$9.6M
Q2 25
$-12.1M
$-7.2M
Q1 25
$10.5M
$-8.8M
Q4 24
$156.3M
$-5.9M
Q3 24
$72.8M
$-10.9M
Q2 24
$21.1M
$-17.1M
Gross Margin
HHH
HHH
PD
PD
Q1 26
Q4 25
85.3%
Q3 25
84.6%
Q2 25
84.0%
Q1 25
83.6%
Q4 24
83.0%
Q3 24
82.7%
Q2 24
82.6%
Operating Margin
HHH
HHH
PD
PD
Q1 26
121.6%
Q4 25
4.2%
6.5%
Q3 25
48.6%
2.9%
Q2 25
26.0%
-8.6%
Q1 25
24.0%
-9.6%
Q4 24
33.5%
-8.7%
Q3 24
60.6%
-13.8%
Q2 24
20.4%
-19.5%
Net Margin
HHH
HHH
PD
PD
Q1 26
3.4%
Q4 25
1.0%
129.7%
Q3 25
30.6%
7.8%
Q2 25
-4.7%
-6.0%
Q1 25
5.3%
-7.2%
Q4 24
16.7%
-5.0%
Q3 24
22.2%
-9.4%
Q2 24
6.6%
-15.4%
EPS (diluted)
HHH
HHH
PD
PD
Q1 26
$0.14
Q4 25
$0.20
$1.69
Q3 25
$2.02
$0.10
Q2 25
$-0.22
$-0.07
Q1 25
$0.21
$-0.12
Q4 24
$3.14
$-0.07
Q3 24
$1.46
$-0.14
Q2 24
$0.42
$-0.26

Balance Sheet & Financial Strength

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

Metric
HHH
HHH
PD
PD
Cash + ST InvestmentsLiquidity on hand
$1.8B
$547.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.8B
$320.5M
Total Assets
$11.2B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HHH
HHH
PD
PD
Q1 26
$1.8B
Q4 25
$1.5B
$547.8M
Q3 25
$1.5B
$567.9M
Q2 25
$1.4B
$597.1M
Q1 25
$493.7M
$570.8M
Q4 24
$596.1M
$542.2M
Q3 24
$400.7M
$599.3M
Q2 24
$436.8M
$592.8M
Total Debt
HHH
HHH
PD
PD
Q1 26
Q4 25
$5.1B
Q3 25
Q2 25
Q1 25
$484.5M
Q4 24
$5.1B
Q3 24
Q2 24
Stockholders' Equity
HHH
HHH
PD
PD
Q1 26
$3.8B
Q4 25
$3.8B
$320.5M
Q3 25
$3.8B
$180.7M
Q2 25
$3.6B
$145.7M
Q1 25
$2.8B
$129.8M
Q4 24
$2.8B
$111.6M
Q3 24
$2.6B
$164.7M
Q2 24
$3.0B
$174.0M
Total Assets
HHH
HHH
PD
PD
Q1 26
$11.2B
Q4 25
$10.6B
$1.0B
Q3 25
$10.7B
$891.5M
Q2 25
$10.3B
$926.8M
Q1 25
$9.3B
$927.3M
Q4 24
$9.2B
$866.8M
Q3 24
$9.4B
$916.0M
Q2 24
$9.9B
$924.0M
Debt / Equity
HHH
HHH
PD
PD
Q1 26
Q4 25
1.35×
Q3 25
Q2 25
Q1 25
3.73×
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
HHH
HHH
PD
PD
Operating Cash FlowLast quarter
$24.8M
Free Cash FlowOCF − Capex
$24.1M
FCF MarginFCF / Revenue
19.3%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters
$117.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HHH
HHH
PD
PD
Q1 26
Q4 25
$360.3M
$24.8M
Q3 25
$149.8M
$34.0M
Q2 25
$177.3M
$30.7M
Q1 25
$-224.9M
$31.4M
Q4 24
$337.1M
$22.1M
Q3 24
$248.3M
$35.8M
Q2 24
$-17.5M
$28.6M
Free Cash Flow
HHH
HHH
PD
PD
Q1 26
Q4 25
$348.6M
$24.1M
Q3 25
$137.7M
$33.1M
Q2 25
$169.7M
$30.2M
Q1 25
$-238.4M
$30.3M
Q4 24
$317.1M
$21.5M
Q3 24
$238.7M
$35.1M
Q2 24
$-25.1M
$28.2M
FCF Margin
HHH
HHH
PD
PD
Q1 26
Q4 25
55.8%
19.3%
Q3 25
35.3%
26.8%
Q2 25
65.1%
25.2%
Q1 25
-119.6%
24.9%
Q4 24
33.9%
18.1%
Q3 24
73.0%
30.3%
Q2 24
-7.9%
25.4%
Capex Intensity
HHH
HHH
PD
PD
Q1 26
Q4 25
1.9%
0.6%
Q3 25
3.1%
0.7%
Q2 25
2.9%
0.4%
Q1 25
6.8%
0.9%
Q4 24
2.1%
0.5%
Q3 24
2.9%
0.5%
Q2 24
2.4%
0.4%
Cash Conversion
HHH
HHH
PD
PD
Q1 26
Q4 25
60.04×
0.15×
Q3 25
1.25×
3.55×
Q2 25
Q1 25
-21.35×
Q4 24
2.16×
Q3 24
3.41×
Q2 24
-0.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HHH
HHH

Rental revenue$113.5M48%
Master Planned Communities land sales$99.6M42%
Other revenues$11.0M5%
Builder price participation$8.7M4%
Condominium rights and unit sales$3.1M1%

PD
PD

US$88.8M71%
Non Us$35.7M29%

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