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Side-by-side financial comparison of Howard Hughes Holdings Inc. (HHH) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.
Howard Hughes Holdings Inc. is the larger business by last-quarter revenue ($624.4M vs $377.3M, roughly 1.7× Bristow Group Inc.). Bristow Group Inc. runs the higher net margin — 4.9% vs 1.0%, a 3.9% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -33.2%). Howard Hughes Holdings Inc. produced more free cash flow last quarter ($348.6M vs $47.8M). Over the past eight quarters, Howard Hughes Holdings Inc.'s revenue compounded faster (91.0% CAGR vs 5.8%).
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.
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.
HHH vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $624.4M | $377.3M |
| Net Profit | $6.0M | $18.4M |
| Gross Margin | — | — |
| Operating Margin | 4.2% | 8.5% |
| Net Margin | 1.0% | 4.9% |
| Revenue YoY | -33.2% | 6.7% |
| Net Profit YoY | -96.2% | -42.1% |
| EPS (diluted) | $0.20 | $0.61 |
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.
| Q4 25 | $624.4M | $377.3M | ||
| Q3 25 | $390.2M | $386.3M | ||
| Q2 25 | $260.9M | $376.4M | ||
| Q1 25 | $199.3M | $350.5M | ||
| Q4 24 | $935.0M | $353.5M | ||
| Q3 24 | $327.1M | $365.1M | ||
| Q2 24 | $317.4M | $359.7M | ||
| Q1 24 | $171.1M | $337.1M |
| Q4 25 | $6.0M | $18.4M | ||
| Q3 25 | $119.5M | $51.5M | ||
| Q2 25 | $-12.1M | $31.7M | ||
| Q1 25 | $10.5M | $27.4M | ||
| Q4 24 | $156.3M | $31.8M | ||
| Q3 24 | $72.8M | $28.2M | ||
| Q2 24 | $21.1M | $28.2M | ||
| Q1 24 | $-52.5M | $6.6M |
| Q4 25 | 4.2% | 8.5% | ||
| Q3 25 | 48.6% | 13.1% | ||
| Q2 25 | 26.0% | 11.3% | ||
| Q1 25 | 24.0% | 9.6% | ||
| Q4 24 | 33.5% | 9.0% | ||
| Q3 24 | 60.6% | 9.1% | ||
| Q2 24 | 20.4% | 12.4% | ||
| Q1 24 | -9.8% | 6.8% |
| Q4 25 | 1.0% | 4.9% | ||
| Q3 25 | 30.6% | 13.3% | ||
| Q2 25 | -4.7% | 8.4% | ||
| Q1 25 | 5.3% | 7.8% | ||
| Q4 24 | 16.7% | 9.0% | ||
| Q3 24 | 22.2% | 7.7% | ||
| Q2 24 | 6.6% | 7.8% | ||
| Q1 24 | -30.7% | 2.0% |
| Q4 25 | $0.20 | $0.61 | ||
| Q3 25 | $2.02 | $1.72 | ||
| Q2 25 | $-0.22 | $1.07 | ||
| Q1 25 | $0.21 | $0.92 | ||
| Q4 24 | $3.14 | $1.07 | ||
| Q3 24 | $1.46 | $0.95 | ||
| Q2 24 | $0.42 | $0.96 | ||
| Q1 24 | $-1.06 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5B | $286.2M |
| Total DebtLower is stronger | $5.1B | $671.5M |
| Stockholders' EquityBook value | $3.8B | $1.1B |
| Total Assets | $10.6B | $2.3B |
| Debt / EquityLower = less leverage | 1.35× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5B | $286.2M | ||
| Q3 25 | $1.5B | $245.5M | ||
| Q2 25 | $1.4B | $251.8M | ||
| Q1 25 | $493.7M | $191.1M | ||
| Q4 24 | $596.1M | $247.5M | ||
| Q3 24 | $400.7M | $200.3M | ||
| Q2 24 | $436.8M | $178.6M | ||
| Q1 24 | $462.7M | $140.6M |
| Q4 25 | $5.1B | $671.5M | ||
| Q3 25 | — | $675.0M | ||
| Q2 25 | — | $705.2M | ||
| Q1 25 | — | $701.9M | ||
| Q4 24 | $5.1B | $689.8M | ||
| Q3 24 | — | $629.1M | ||
| Q2 24 | — | $594.2M | ||
| Q1 24 | — | $544.1M |
| Q4 25 | $3.8B | $1.1B | ||
| Q3 25 | $3.8B | $1.0B | ||
| Q2 25 | $3.6B | $984.4M | ||
| Q1 25 | $2.8B | $931.7M | ||
| Q4 24 | $2.8B | $891.7M | ||
| Q3 24 | $2.6B | $899.2M | ||
| Q2 24 | $3.0B | $849.1M | ||
| Q1 24 | $2.9B | $820.7M |
| Q4 25 | $10.6B | $2.3B | ||
| Q3 25 | $10.7B | $2.3B | ||
| Q2 25 | $10.3B | $2.3B | ||
| Q1 25 | $9.3B | $2.2B | ||
| Q4 24 | $9.2B | $2.1B | ||
| Q3 24 | $9.4B | $2.1B | ||
| Q2 24 | $9.9B | $2.0B | ||
| Q1 24 | $9.6B | $1.9B |
| Q4 25 | 1.35× | 0.63× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 1.85× | 0.77× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.66× |
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 | $360.3M | $76.9M |
| Free Cash FlowOCF − Capex | $348.6M | $47.8M |
| FCF MarginFCF / Revenue | 55.8% | 12.7% |
| Capex IntensityCapex / Revenue | 1.9% | 7.7% |
| Cash ConversionOCF / Net Profit | 60.04× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $417.6M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $360.3M | $76.9M | ||
| Q3 25 | $149.8M | $23.1M | ||
| Q2 25 | $177.3M | $99.0M | ||
| Q1 25 | $-224.9M | $-603.0K | ||
| Q4 24 | $337.1M | $51.1M | ||
| Q3 24 | $248.3M | $66.0M | ||
| Q2 24 | $-17.5M | $33.7M | ||
| Q1 24 | $-171.2M | $26.7M |
| Q4 25 | $348.6M | $47.8M | ||
| Q3 25 | $137.7M | $-6.2M | ||
| Q2 25 | $169.7M | $67.4M | ||
| Q1 25 | $-238.4M | $-52.7M | ||
| Q4 24 | $317.1M | $-32.4M | ||
| Q3 24 | $238.7M | $9.0M | ||
| Q2 24 | $-25.1M | $-16.7M | ||
| Q1 24 | $-182.0M | $-37.9M |
| Q4 25 | 55.8% | 12.7% | ||
| Q3 25 | 35.3% | -1.6% | ||
| Q2 25 | 65.1% | 17.9% | ||
| Q1 25 | -119.6% | -15.0% | ||
| Q4 24 | 33.9% | -9.2% | ||
| Q3 24 | 73.0% | 2.5% | ||
| Q2 24 | -7.9% | -4.6% | ||
| Q1 24 | -106.4% | -11.2% |
| Q4 25 | 1.9% | 7.7% | ||
| Q3 25 | 3.1% | 7.6% | ||
| Q2 25 | 2.9% | 8.4% | ||
| Q1 25 | 6.8% | 14.9% | ||
| Q4 24 | 2.1% | 23.6% | ||
| Q3 24 | 2.9% | 15.6% | ||
| Q2 24 | 2.4% | 14.0% | ||
| Q1 24 | 6.3% | 19.2% |
| Q4 25 | 60.04× | 4.17× | ||
| Q3 25 | 1.25× | 0.45× | ||
| Q2 25 | — | 3.12× | ||
| Q1 25 | -21.35× | -0.02× | ||
| Q4 24 | 2.16× | 1.61× | ||
| Q3 24 | 3.41× | 2.34× | ||
| Q2 24 | -0.83× | 1.20× | ||
| Q1 24 | — | 4.04× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HHH
| Transferred At Point In Time | $499.8M | 80% |
| Operating Assets Segment | $117.9M | 19% |
| Builder Price Participation | $12.9M | 2% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
