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Side-by-side financial comparison of Howard Hughes Holdings Inc. (HHH) and Woodward, Inc. (WWD). Click either name above to swap in a different company.
Woodward, Inc. is the larger business by last-quarter revenue ($1.1B vs $235.9M, roughly 4.6× Howard Hughes Holdings Inc.). Woodward, Inc. runs the higher net margin — 12.3% vs 3.4%, a 8.9% gap on every dollar of revenue. On growth, Woodward, Inc. posted the faster year-over-year revenue change (23.4% vs 18.4%). Over the past eight quarters, Woodward, Inc.'s revenue compounded faster (13.4% 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.
Woodward, Inc. is an American designer, manufacturer, and service provider of control systems and control system components for aircraft, aircraft engines, industrial engines and turbines, power generation and mobile industrial equipment. The company also provides military devices and other equipment for defense.
HHH vs WWD — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $235.9M | $1.1B |
| Net Profit | $8.1M | $134.0M |
| Gross Margin | — | 29.0% |
| Operating Margin | 121.6% | 15.4% |
| Net Margin | 3.4% | 12.3% |
| Revenue YoY | 18.4% | 23.4% |
| Net Profit YoY | -25.6% | 22.9% |
| EPS (diluted) | $0.14 | $2.19 |
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 | $1.1B | ||
| Q4 25 | $624.4M | $996.5M | ||
| Q3 25 | $390.2M | $995.3M | ||
| Q2 25 | $260.9M | $915.4M | ||
| Q1 25 | $199.3M | $883.6M | ||
| Q4 24 | $935.0M | $772.7M | ||
| Q3 24 | $327.1M | $854.5M | ||
| Q2 24 | $317.4M | $847.7M |
| Q1 26 | $8.1M | $134.0M | ||
| Q4 25 | $6.0M | $133.7M | ||
| Q3 25 | $119.5M | $137.6M | ||
| Q2 25 | $-12.1M | $108.4M | ||
| Q1 25 | $10.5M | $108.9M | ||
| Q4 24 | $156.3M | $87.1M | ||
| Q3 24 | $72.8M | $83.3M | ||
| Q2 24 | $21.1M | $102.1M |
| Q1 26 | — | 29.0% | ||
| Q4 25 | — | 29.3% | ||
| Q3 25 | — | 27.9% | ||
| Q2 25 | — | 27.2% | ||
| Q1 25 | — | 27.2% | ||
| Q4 24 | — | 24.5% | ||
| Q3 24 | — | 24.3% | ||
| Q2 24 | — | 27.1% |
| Q1 26 | 121.6% | 15.4% | ||
| Q4 25 | 4.2% | 17.0% | ||
| Q3 25 | 48.6% | 16.1% | ||
| Q2 25 | 26.0% | 13.9% | ||
| Q1 25 | 24.0% | 15.0% | ||
| Q4 24 | 33.5% | 13.2% | ||
| Q3 24 | 60.6% | 11.9% | ||
| Q2 24 | 20.4% | 14.4% |
| Q1 26 | 3.4% | 12.3% | ||
| Q4 25 | 1.0% | 13.4% | ||
| Q3 25 | 30.6% | 13.8% | ||
| Q2 25 | -4.7% | 11.8% | ||
| Q1 25 | 5.3% | 12.3% | ||
| Q4 24 | 16.7% | 11.3% | ||
| Q3 24 | 22.2% | 9.7% | ||
| Q2 24 | 6.6% | 12.0% |
| Q1 26 | $0.14 | $2.19 | ||
| Q4 25 | $0.20 | $2.17 | ||
| Q3 25 | $2.02 | $2.23 | ||
| Q2 25 | $-0.22 | $1.76 | ||
| Q1 25 | $0.21 | $1.78 | ||
| Q4 24 | $3.14 | $1.42 | ||
| Q3 24 | $1.46 | $1.36 | ||
| Q2 24 | $0.42 | $1.63 |
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 | $501.2M |
| Total DebtLower is stronger | — | $1.1B |
| Stockholders' EquityBook value | $3.8B | $2.5B |
| Total Assets | $11.2B | $5.0B |
| Debt / EquityLower = less leverage | — | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.8B | $501.2M | ||
| Q4 25 | $1.5B | $454.2M | ||
| Q3 25 | $1.5B | $327.4M | ||
| Q2 25 | $1.4B | $473.2M | ||
| Q1 25 | $493.7M | $364.1M | ||
| Q4 24 | $596.1M | $283.7M | ||
| Q3 24 | $400.7M | $282.3M | ||
| Q2 24 | $436.8M | $308.3M |
| Q1 26 | — | $1.1B | ||
| Q4 25 | $5.1B | — | ||
| Q3 25 | — | $579.9M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $5.1B | — | ||
| Q3 24 | — | $655.5M | ||
| Q2 24 | — | — |
| Q1 26 | $3.8B | $2.5B | ||
| Q4 25 | $3.8B | $2.6B | ||
| Q3 25 | $3.8B | $2.6B | ||
| Q2 25 | $3.6B | $2.5B | ||
| Q1 25 | $2.8B | $2.3B | ||
| Q4 24 | $2.8B | $2.2B | ||
| Q3 24 | $2.6B | $2.2B | ||
| Q2 24 | $3.0B | $2.2B |
| Q1 26 | $11.2B | $5.0B | ||
| Q4 25 | $10.6B | $4.7B | ||
| Q3 25 | $10.7B | $4.6B | ||
| Q2 25 | $10.3B | $4.7B | ||
| Q1 25 | $9.3B | $4.5B | ||
| Q4 24 | $9.2B | $4.3B | ||
| Q3 24 | $9.4B | $4.4B | ||
| Q2 24 | $9.9B | $4.3B |
| Q1 26 | — | 0.43× | ||
| Q4 25 | 1.35× | — | ||
| Q3 25 | — | 0.23× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.85× | — | ||
| Q3 24 | — | 0.30× | ||
| 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 | — | $91.0M |
| Free Cash FlowOCF − Capex | — | $38.0M |
| FCF MarginFCF / Revenue | — | 3.5% |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | 0.68× |
| TTM Free Cash FlowTrailing 4 quarters | — | $388.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $91.0M | ||
| Q4 25 | $360.3M | $114.4M | ||
| Q3 25 | $149.8M | $233.3M | ||
| Q2 25 | $177.3M | $125.6M | ||
| Q1 25 | $-224.9M | $77.8M | ||
| Q4 24 | $337.1M | $34.5M | ||
| Q3 24 | $248.3M | $141.8M | ||
| Q2 24 | $-17.5M | $153.2M |
| Q1 26 | — | $38.0M | ||
| Q4 25 | $348.6M | $70.3M | ||
| Q3 25 | $137.7M | $180.9M | ||
| Q2 25 | $169.7M | $99.1M | ||
| Q1 25 | $-238.4M | $59.4M | ||
| Q4 24 | $317.1M | $942.0K | ||
| Q3 24 | $238.7M | $117.7M | ||
| Q2 24 | $-25.1M | $137.3M |
| Q1 26 | — | 3.5% | ||
| Q4 25 | 55.8% | 7.1% | ||
| Q3 25 | 35.3% | 18.2% | ||
| Q2 25 | 65.1% | 10.8% | ||
| Q1 25 | -119.6% | 6.7% | ||
| Q4 24 | 33.9% | 0.1% | ||
| Q3 24 | 73.0% | 13.8% | ||
| Q2 24 | -7.9% | 16.2% |
| Q1 26 | — | 4.9% | ||
| Q4 25 | 1.9% | 4.4% | ||
| Q3 25 | 3.1% | 5.3% | ||
| Q2 25 | 2.9% | 2.9% | ||
| Q1 25 | 6.8% | 2.1% | ||
| Q4 24 | 2.1% | 4.3% | ||
| Q3 24 | 2.9% | 2.8% | ||
| Q2 24 | 2.4% | 1.9% |
| Q1 26 | — | 0.68× | ||
| Q4 25 | 60.04× | 0.86× | ||
| Q3 25 | 1.25× | 1.70× | ||
| Q2 25 | — | 1.16× | ||
| Q1 25 | -21.35× | 0.71× | ||
| Q4 24 | 2.16× | 0.40× | ||
| Q3 24 | 3.41× | 1.70× | ||
| Q2 24 | -0.83× | 1.50× |
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% |
WWD
Segment breakdown not available.
