vs
Side-by-side financial comparison of Howard Hughes Holdings Inc. (HHH) and SMITH & WESSON BRANDS, INC. (SWBI). 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 $124.7M, roughly 1.9× SMITH & WESSON BRANDS, INC.). Howard Hughes Holdings Inc. runs the higher net margin — 3.4% vs 1.5%, a 1.9% gap on every dollar of revenue. On growth, Howard Hughes Holdings Inc. posted the faster year-over-year revenue change (18.4% vs -3.9%). Over the past eight quarters, SMITH & WESSON BRANDS, INC.'s revenue compounded faster (-4.8% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
HHH vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $235.9M | $124.7M |
| Net Profit | $8.1M | $1.9M |
| Gross Margin | — | 24.3% |
| Operating Margin | 121.6% | 3.3% |
| Net Margin | 3.4% | 1.5% |
| Revenue YoY | 18.4% | -3.9% |
| Net Profit YoY | -25.6% | -53.6% |
| EPS (diluted) | $0.14 | $0.04 |
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 | $124.7M | ||
| Q3 25 | $390.2M | $85.1M | ||
| Q2 25 | $260.9M | $140.8M | ||
| Q1 25 | $199.3M | $115.9M | ||
| Q4 24 | $935.0M | $129.7M | ||
| Q3 24 | $327.1M | $88.3M | ||
| Q2 24 | $317.4M | $159.1M |
| Q1 26 | $8.1M | — | ||
| Q4 25 | $6.0M | $1.9M | ||
| Q3 25 | $119.5M | $-3.4M | ||
| Q2 25 | $-12.1M | $8.6M | ||
| Q1 25 | $10.5M | $2.1M | ||
| Q4 24 | $156.3M | $4.5M | ||
| Q3 24 | $72.8M | $-1.9M | ||
| Q2 24 | $21.1M | $27.9M |
| Q1 26 | — | — | ||
| Q4 25 | — | 24.3% | ||
| Q3 25 | — | 25.9% | ||
| Q2 25 | — | 28.8% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 26.6% | ||
| Q3 24 | — | 27.4% | ||
| Q2 24 | — | 35.5% |
| Q1 26 | 121.6% | — | ||
| Q4 25 | 4.2% | 3.3% | ||
| Q3 25 | 48.6% | -3.5% | ||
| Q2 25 | 26.0% | 9.3% | ||
| Q1 25 | 24.0% | 4.1% | ||
| Q4 24 | 33.5% | 5.8% | ||
| Q3 24 | 60.6% | -1.7% | ||
| Q2 24 | 20.4% | 17.4% |
| Q1 26 | 3.4% | — | ||
| Q4 25 | 1.0% | 1.5% | ||
| Q3 25 | 30.6% | -4.0% | ||
| Q2 25 | -4.7% | 6.1% | ||
| Q1 25 | 5.3% | 1.8% | ||
| Q4 24 | 16.7% | 3.5% | ||
| Q3 24 | 22.2% | -2.1% | ||
| Q2 24 | 6.6% | 17.5% |
| Q1 26 | $0.14 | — | ||
| Q4 25 | $0.20 | $0.04 | ||
| Q3 25 | $2.02 | $-0.08 | ||
| Q2 25 | $-0.22 | $0.19 | ||
| Q1 25 | $0.21 | $0.05 | ||
| Q4 24 | $3.14 | $0.10 | ||
| Q3 24 | $1.46 | $-0.04 | ||
| Q2 24 | $0.42 | $0.60 |
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 | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.8B | $363.2M |
| Total Assets | $11.2B | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | — | ||
| Q4 25 | $1.5B | $22.4M | ||
| Q3 25 | $1.5B | $18.0M | ||
| Q2 25 | $1.4B | $25.2M | ||
| Q1 25 | $493.7M | $26.7M | ||
| Q4 24 | $596.1M | $39.1M | ||
| Q3 24 | $400.7M | $35.5M | ||
| Q2 24 | $436.8M | $60.8M |
| 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 | $363.2M | ||
| Q3 25 | $3.8B | $364.4M | ||
| Q2 25 | $3.6B | $372.5M | ||
| Q1 25 | $2.8B | $366.9M | ||
| Q4 24 | $2.8B | $371.5M | ||
| Q3 24 | $2.6B | $380.0M | ||
| Q2 24 | $3.0B | $399.9M |
| Q1 26 | $11.2B | — | ||
| Q4 25 | $10.6B | $548.6M | ||
| Q3 25 | $10.7B | $554.6M | ||
| Q2 25 | $10.3B | $559.6M | ||
| Q1 25 | $9.3B | $578.9M | ||
| Q4 24 | $9.2B | $587.4M | ||
| Q3 24 | $9.4B | $571.3M | ||
| Q2 24 | $9.9B | $577.4M |
| 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 | — | $27.3M |
| Free Cash FlowOCF − Capex | — | $16.3M |
| FCF MarginFCF / Revenue | — | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $360.3M | $27.3M | ||
| Q3 25 | $149.8M | $-8.1M | ||
| Q2 25 | $177.3M | $40.8M | ||
| Q1 25 | $-224.9M | $-9.8M | ||
| Q4 24 | $337.1M | $-7.4M | ||
| Q3 24 | $248.3M | $-30.8M | ||
| Q2 24 | $-17.5M | $43.7M |
| Q1 26 | — | — | ||
| Q4 25 | $348.6M | $16.3M | ||
| Q3 25 | $137.7M | $-12.4M | ||
| Q2 25 | $169.7M | $33.5M | ||
| Q1 25 | $-238.4M | $-16.1M | ||
| Q4 24 | $317.1M | $-10.7M | ||
| Q3 24 | $238.7M | $-35.5M | ||
| Q2 24 | $-25.1M | $38.2M |
| Q1 26 | — | — | ||
| Q4 25 | 55.8% | 13.1% | ||
| Q3 25 | 35.3% | -14.6% | ||
| Q2 25 | 65.1% | 23.8% | ||
| Q1 25 | -119.6% | -13.9% | ||
| Q4 24 | 33.9% | -8.3% | ||
| Q3 24 | 73.0% | -40.2% | ||
| Q2 24 | -7.9% | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.9% | 8.8% | ||
| Q3 25 | 3.1% | 5.0% | ||
| Q2 25 | 2.9% | 5.2% | ||
| Q1 25 | 6.8% | 5.4% | ||
| Q4 24 | 2.1% | 2.5% | ||
| Q3 24 | 2.9% | 5.3% | ||
| Q2 24 | 2.4% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | 60.04× | 14.22× | ||
| Q3 25 | 1.25× | — | ||
| Q2 25 | — | 4.73× | ||
| Q1 25 | -21.35× | -4.68× | ||
| Q4 24 | 2.16× | -1.63× | ||
| Q3 24 | 3.41× | — | ||
| Q2 24 | -0.83× | 1.57× |
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% |
SWBI
Segment breakdown not available.
