Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP) Financials

$16.38 -0.07 (-0.43%)

Closing price 05/21/2025 03:54 PM Eastern

Extended Trading

$16.31 -0.07 (-0.43%)

As of 05/21/2025 04:04 PM Eastern

Annual Income Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

This table shows Hovnanian Enterprises, Inc. PFD DEP1/1000A's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	10/31/2024	10/31/2023	10/31/2022
Net Income / (Loss) Attributable to Common Shareholders	281	236	257
Consolidated Net Income / (Loss)	242	206	225
Net Income / (Loss) Continuing Operations	292	247	268
Total Pre-Tax Income	317	256	320
Total Operating Income	344	333	387
Total Gross Profit	640	621	686
Total Revenue	3,005	2,756	2,922
Operating Revenue	3,005	2,756	2,922
Total Cost of Revenue	2,365	2,135	2,236
Operating Cost of Revenue	2,365	2,135	2,236
Total Operating Expenses	296	288	299
Selling, General & Admin Expense	342	305	296
Other Operating Expenses / (Income)	-46	-17	2.42
Total Other Income / (Expense), net	23	-37	-25
Interest Expense	29	80	54
Interest & Investment Income	52	43	29
Income Tax Expense	75	50	94
Preferred Stock Dividends Declared	11	11	11
Basic Earnings per Share	$34.40	$28.76	$30.31
Weighted Average Basic Shares Outstanding	6.48M	6.23M	6.44M
Diluted Earnings per Share	$31.79	$26.88	$29.00
Weighted Average Diluted Shares Outstanding	7.01M	6.67M	6.73M
Weighted Average Basic & Diluted Shares Outstanding	6.06M	6.10M	5.96M

This table shows Hovnanian Enterprises, Inc. PFD DEP1/1000A's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Income / (Loss) Attributable to Common Shareholders	39	106	83	60	33	106	63	42	25	49	99
Consolidated Net Income / (Loss)	28	94	73	51	24	97	56	34	19	56	83
Net Income / (Loss) Continuing Operations	42	108	85	63	35	108	66	44	28	27	102
Total Pre-Tax Income	40	118	97	69	33	121	70	46	18	91	112
Total Operating Income	54	122	105	79	38	143	90	65	35	147	109
Total Gross Profit	120	210	150	155	125	224	146	141	109	201	195
Total Revenue	674	980	723	708	594	887	650	704	515	887	768
Operating Revenue	674	980	723	708	594	887	650	704	515	887	768
Total Cost of Revenue	554	769	573	553	469	663	504	562	407	686	572
Operating Cost of Revenue	554	769	573	553	469	663	504	562	407	686	572
Total Operating Expenses	66	89	45	76	87	81	56	76	74	54	86
Selling, General & Admin Expense	87	88	89	79	86	81	75	76	73	81	75
Other Operating Expenses / (Income)	-21	1.08	-45	-3.13	0.55	0.50	-19	0.57	0.39	-20	11
Total Other Income / (Expense), net	-0.31	10	4.44	2.20	5.87	-10	-9.18	-9.09	-7.93	-84	22
Interest Expense	9.52	5.07	6.26	8.97	9.08	33	18	15	15	-	-9.62
Interest & Investment Income	9.21	15	11	11	15	22	8.40	5.41	7.16	5.11	13
Income Tax Expense	12	24	24	19	8.66	24	15	12	-0.67	36	29
Preferred Stock Dividends Declared	2.67	2.67	2.67	2.67	2.67	2.67	2.67	2.67	2.67	-	2.67
Basic Earnings per Share	$3.88	$13.56	$10.61	$7.12	$3.11	$13.79	$7.92	$4.68	$2.37	-	$10.92
Weighted Average Basic Shares Outstanding	6.52M	6.48M	6.47M	6.46M	6.50M	6.23M	6.25M	6.17M	6.19M	6.44M	6.49M
Diluted Earnings per Share	$3.58	$12.47	$9.75	$6.66	$2.91	$12.77	$7.38	$4.47	$2.26	$6.72	$10.82
Weighted Average Diluted Shares Outstanding	7.07M	7.01M	7.05M	6.90M	6.94M	6.67M	6.71M	6.46M	6.47M	6.73M	6.54M
Weighted Average Basic & Diluted Shares Outstanding	5.92M	6.06M	6.05M	5.99M	6.10M	6.10M	6.09M	6.00M	720.31K	5.96M	6.39M

This table details how cash moves in and out of Hovnanian Enterprises, Inc. PFD DEP1/1000A's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	10/31/2024	10/31/2023	10/31/2022
Net Change in Cash & Equivalents	-211	95	71
Net Cash From Operating Activities	24	435	89
Net Cash From Continuing Operating Activities	24	435	89
Net Income / (Loss) Continuing Operations	242	206	225
Consolidated Net Income / (Loss)	242	206	225
Depreciation Expense	7.73	8.80	5.46
Amortization Expense	-1.04	1.65	0.38
Non-Cash Adjustments To Reconcile Net Income	-78	-22	46
Changes in Operating Assets and Liabilities, net	-147	241	-188
Net Cash From Investing Activities	-46	-78	-2.15
Net Cash From Continuing Investing Activities	-46	-78	-2.15
Purchase of Property, Plant & Equipment	-18	-19	-13
Acquisitions	-34	-78	0.04
Sale of Property, Plant & Equipment	1.42	1.96	0.06
Sale and/or Maturity of Investments	4.40	16	10
Net Cash From Financing Activities	-188	-262	-17
Net Cash From Continuing Financing Activities	-188	-262	-17
Repayment of Debt	-489	-1,149	-533
Repurchase of Common Equity	-27	-4.80	-12
Payment of Dividends	-11	-11	-11
Issuance of Debt	322	982	398
Other Financing Activities, net	17	-79	141
Cash Interest Paid	48	63	45
Cash Income Taxes Paid	9.69	9.41	14

This table details how cash moves in and out of Hovnanian Enterprises, Inc. PFD DEP1/1000A's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Net Change in Cash & Equivalents	-123	83	-47	-7.20	-239	110	-3.34	91	-103	104	72
Net Cash From Operating Activities	-56	116	-92	89	-89	144	226	97	-31	118	34
Net Cash From Continuing Operating Activities	-56	116	-92	89	-89	144	226	97	-31	118	34
Net Income / (Loss) Continuing Operations	28	94	73	51	24	97	56	34	19	56	83
Consolidated Net Income / (Loss)	28	94	73	51	24	97	56	34	19	56	83
Depreciation Expense	2.30	2.05	2.07	2.01	1.60	1.58	1.30	4.51	1.41	1.45	1.52
Amortization Expense	-0.77	-0.68	-0.94	0.36	0.21	0.08	0.84	0.39	0.33	0.58	-0.01
Non-Cash Adjustments To Reconcile Net Income	6.50	-2.24	-94	-2.25	20	-41	-10	-3.76	33	-13	-1.02
Changes in Operating Assets and Liabilities, net	-92	22	-72	38	-135	85	178	62	-84	73	-50
Net Cash From Investing Activities	-25	-6.18	-3.10	-33	-4.12	0.18	-58	2.82	-23	1.13	-0.19
Net Cash From Continuing Investing Activities	-25	-6.18	-3.10	-33	-4.12	0.18	-58	2.82	-23	1.13	-0.19
Purchase of Property, Plant & Equipment	-3.69	-4.42	-3.55	-4.44	-5.44	-5.62	-5.03	-4.43	-3.74	-3.99	-3.27
Acquisitions	-26	-	-	-	0.00	0.74	-	-	-22	-	-
Sale of Property, Plant & Equipment	0.88	0.47	-0.05	0.96	0.04	1.50	0.37	0.02	0.07	-	-
Sale and/or Maturity of Investments	3.83	0.05	0.19	2.89	1.28	3.56	5.23	5.03	2.63	4.92	3.10
Net Cash From Financing Activities	-42	-27	48	-63	-146	-34	-171	-8.60	-48	-16	38
Net Cash From Continuing Financing Activities	-42	-27	48	-63	-146	-34	-171	-8.60	-48	-16	38
Repayment of Debt	-96	-123	-64	-90	-213	-775	-177	-91	-105	-77	-129
Repurchase of Common Equity	-18	0.01	-11	-15	0.00	-	-	-	-4.80	-12	-
Payment of Dividends	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67	-2.67
Issuance of Debt	58	94	76	72	79	766	64	95	58	52	115
Other Financing Activities, net	17	4.96	50	-28	-9.80	-22	-55	-9.26	6.77	24	55

This table presents Hovnanian Enterprises, Inc. PFD DEP1/1000A's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	10/31/2024	10/31/2023	10/31/2022
Total Assets	2,606	2,493	2,562
Total Current Assets	1,945	1,862	705
Cash & Equivalents	210	434	333
Restricted Cash	7.88	8.43	-
Inventories, net	1,645	1,349	309
Prepaid Expenses	83	70	64
Plant, Property, & Equipment, net	43	34	26
Total Noncurrent Assets	2,778	2,619	2,026
Long-Term Investments	143	98	75
Noncurrent Note & Lease Receivables	29	28	38
Noncurrent Deferred & Refundable Income Taxes	2,606	2,493	345
Total Liabilities & Shareholders' Equity	2,606	2,493	2,562
Total Liabilities	1,805	1,911	2,179
Total Current Liabilities	0.00	0.00	443
Total Noncurrent Liabilities	1,805	1,911	1,600
Other Noncurrent Operating Liabilities	1,805	1,911	309
Total Equity & Noncontrolling Interests	800	582	383
Total Preferred & Common Equity	800	582	383
Preferred Stock	135	135	135
Total Common Equity	665	446	248
Common Stock	750	736	728
Retained Earnings	74	-157	-352
Treasury Stock	-159	-132	-128

This table presents Hovnanian Enterprises, Inc. PFD DEP1/1000A's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	1/31/2025	7/31/2024	4/30/2024	1/31/2024	7/31/2023	4/30/2023	1/31/2023	7/31/2022
Total Assets	2,533	2,541	2,318	2,340	2,394	2,484	415	2,538
Total Current Assets	1,848	1,861	1,680	1,723	639	695	40	1,920
Cash & Equivalents	94	122	182	183	329	337	0.00	225
Restricted Cash	8.45	9.62	8.37	8.37	-	-	40	-
Inventories, net	1,666	1,650	1,417	1,464	251	301	0.00	1,585
Prepaid Expenses	79	79	73	68	59	57	0.00	64
Plant, Property, & Equipment, net	45	41	40	37	31	28	28	23
Total Noncurrent Assets	2,780	2,715	2,493	2,475	1,892	1,978	347	467
Long-Term Investments	173	126	151	111	85	86	0.00	75
Noncurrent Note & Lease Receivables	74	48	25	24	33	37	-	-
Noncurrent Deferred & Refundable Income Taxes	2,533	2,541	2,318	2,340	325	337	347	377
Total Liabilities & Shareholders' Equity	2,533	2,541	2,318	2,340	2,394	2,484	1,598	2,538
Total Liabilities	1,722	1,837	1,671	1,733	1,911	2,054	1,202	2,199
Total Current Liabilities	0.00	0.00	0.00	0.00	382	377	57	607
Total Noncurrent Liabilities	1,722	1,837	1,671	1,733	1,435	1,586	1,145	1,591
Other Noncurrent Operating Liabilities	1,722	1,837	1,671	1,733	261	308	-	256
Total Equity & Noncontrolling Interests	811	703	647	607	483	429	396	339
Total Preferred & Common Equity	811	703	647	607	482	429	396	338
Preferred Stock	135	135	135	135	135	135	135	135
Total Common Equity	676	568	512	472	347	294	260	203
Common Stock	753	745	747	740	731	731	729	724
Retained Earnings	100	-18	-88	-136	-252	-305	-336	-405
Treasury Stock	-177	-159	-148	-132	-132	-132	-132	-115

This table displays calculated financial ratios and metrics derived from Hovnanian Enterprises, Inc. PFD DEP1/1000A's official financial filings.

Metric	2024	2023	2022
Period end date	10/31/2024	10/31/2023	10/31/2022
Growth Metrics	-	-	-
Revenue Growth	9.03%	-5.69%	5.01%
EBITDA Growth	2.08%	-12.57%	46.68%
EBIT Growth	3.28%	-13.95%	47.55%
NOPAT Growth	-2.01%	-1.85%	-67.50%
Net Income Growth	17.54%	-8.69%	-62.90%
EPS Growth	18.27%	-7.31%	-66.22%
Operating Cash Flow Growth	-94.57%	386.53%	-57.44%
Free Cash Flow Firm Growth	-39.53%	35.15%	-139.36%
Invested Capital Growth	26.07%	29.12%	56.55%
Revenue Q/Q Growth	3.18%	0.01%	-17.46%
EBITDA Q/Q Growth	5.76%	12.24%	-60.62%
EBIT Q/Q Growth	5.97%	12.82%	-61.02%
NOPAT Q/Q Growth	5.87%	24.88%	-62.20%
Net Income Q/Q Growth	-1.19%	25.35%	1.42%
EPS Q/Q Growth	-0.93%	29.04%	-0.07%
Operating Cash Flow Q/Q Growth	-54.09%	6.25%	-9.94%
Free Cash Flow Firm Q/Q Growth	64.19%	-349.02%	-136.96%
Invested Capital Q/Q Growth	3.13%	37.02%	28.13%
Profitability Metrics	-	-	-
Gross Margin	21.30%	22.53%	23.47%
EBITDA Margin	11.68%	12.47%	13.45%
Operating Margin	11.45%	12.09%	13.25%
EBIT Margin	11.45%	12.09%	13.25%
Profit (Net Income) Margin	8.05%	7.47%	7.72%
Tax Burden Percent	76.32%	80.44%	70.52%
Interest Burden Percent	92.14%	76.81%	82.56%
Effective Tax Rate	23.68%	19.56%	29.48%
Return on Invested Capital (ROIC)	11.27%	14.65%	20.86%
ROIC Less NNEP Spread (ROIC-NNEP)	10.01%	10.03%	16.24%
Return on Net Nonoperating Assets (RNNOA)	23.75%	28.03%	59.89%
Return on Equity (ROE)	35.02%	42.68%	80.76%
Cash Return on Invested Capital (CROIC)	-11.80%	-10.77%	-23.22%
Operating Return on Assets (OROA)	13.50%	13.18%	15.86%
Return on Assets (ROA)	9.49%	8.15%	9.24%
Return on Common Equity (ROCE)	28.16%	30.71%	41.55%
Return on Equity Simple (ROE_SIMPLE)	30.24%	35.39%	58.87%
Net Operating Profit after Tax (NOPAT)	263	268	273
NOPAT Margin	8.74%	9.73%	9.35%
Net Nonoperating Expense Percent (NNEP)	1.26%	4.61%	4.62%
Return On Investment Capital (ROIC_SIMPLE)	32.82%	46.07%	16.31%
Cost of Revenue to Revenue	78.70%	77.47%	76.53%
SG&A Expenses to Revenue	11.39%	11.06%	10.13%
R&D to Revenue	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.85%	10.44%	10.22%
Earnings before Interest and Taxes (EBIT)	344	333	387
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	351	344	393
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.60	0.95	1.04
Price to Tangible Book Value (P/TBV)	1.60	0.95	1.04
Price to Revenue (P/Rev)	0.35	0.15	0.09
Price to Earnings (P/E)	3.79	1.79	1.00
Dividend Yield	0.00%	0.00%	0.00%
Earnings Yield	26.39%	55.72%	99.74%
Enterprise Value to Invested Capital (EV/IC)	0.32	0.01	0.80
Enterprise Value to Revenue (EV/Rev)	0.28	0.01	0.44
Enterprise Value to EBITDA (EV/EBITDA)	2.40	0.05	3.25
Enterprise Value to EBIT (EV/EBIT)	2.44	0.06	3.30
Enterprise Value to NOPAT (EV/NOPAT)	3.20	0.07	4.68
Enterprise Value to Operating Cash Flow (EV/OCF)	35.55	0.04	14.27
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.00	3.37
Long-Term Debt to Equity	0.00	0.00	3.37
Financial Leverage	2.37	2.79	3.69
Leverage Ratio	3.69	5.24	8.74
Compound Leverage Factor	3.40	4.02	7.22
Debt to Total Capital	0.00%	0.00%	77.12%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	77.12%
Preferred Equity to Total Capital	16.91%	23.26%	8.08%
Noncontrolling Interests to Total Capital	0.00%	0.01%	0.00%
Common Equity to Total Capital	83.10%	76.74%	14.80%
Debt to EBITDA	0.00	0.00	3.29
Net Debt to EBITDA	0.00	0.00	2.25
Long-Term Debt to EBITDA	0.00	0.00	3.29
Debt to NOPAT	0.00	0.00	4.73
Net Debt to NOPAT	0.00	0.00	3.24
Long-Term Debt to NOPAT	0.00	0.00	4.73
Altman Z-Score	2.88	2.49	1.64
Noncontrolling Interest Sharing Ratio	19.58%	28.05%	48.55%
Liquidity Ratios	-	-	-
Current Ratio	0.00	0.00	1.59
Quick Ratio	0.00	0.00	0.75
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	-275	-197	-304
Operating Cash Flow to CapEx	143.80%	2,581.70%	714.07%
Free Cash Flow to Firm to Interest Expense	-9.36	-2.47	-5.62
Operating Cash Flow to Interest Expense	0.80	5.46	1.65
Operating Cash Flow Less CapEx to Interest Expense	0.25	5.25	1.42
Efficiency Ratios	-	-	-
Asset Turnover	1.18	1.09	1.20
Accounts Receivable Turnover	0.00	0.00	0.00
Inventory Turnover	1.58	2.58	2.86
Fixed Asset Turnover	77.67	92.23	0.00
Accounts Payable Turnover	0.00	0.00	5.16
Days Sales Outstanding (DSO)	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	231.06	141.70	127.54
Days Payable Outstanding (DPO)	0.00	0.00	70.70
Cash Conversion Cycle (CCC)	231.06	141.70	56.84
Capital & Investment Metrics	-	-	-
Invested Capital	2,601	2,063	1,598
Invested Capital Turnover	1.29	1.51	2.23
Increase / (Decrease) in Invested Capital	538	465	577
Enterprise Value (EV)	840	18	1,277
Market Capitalization	1,066	423	258
Book Value per Share	$109.84	$73.25	$38.74
Tangible Book Value per Share	$109.84	$73.25	$38.74
Total Capital	800	582	1,674
Total Debt	0.00	0.00	1,291
Total Long-Term Debt	0.00	0.00	1,291
Net Debt	-361	-540	884
Capital Expenditures (CapEx)	16	17	13
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,727	1,419	-71
Debt-free Net Working Capital (DFNWC)	1,945	1,862	262
Net Working Capital (NWC)	1,945	1,862	262
Net Nonoperating Expense (NNE)	21	62	48
Net Nonoperating Obligations (NNO)	1,800	1,481	1,215
Total Depreciation and Amortization (D&A)	6.69	10	5.83
Debt-free, Cash-free Net Working Capital to Revenue	57.48%	51.49%	-2.42%
Debt-free Net Working Capital to Revenue	64.73%	67.55%	8.97%
Net Working Capital to Revenue	64.73%	67.55%	8.97%
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$34.40	$28.76	$30.31
Adjusted Weighted Average Basic Shares Outstanding	6.48M	6.23M	6.44M
Adjusted Diluted Earnings per Share	$31.79	$26.88	$29.00
Adjusted Weighted Average Diluted Shares Outstanding	7.01M	6.67M	6.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	6.06M	6.10M	5.96M
Normalized Net Operating Profit after Tax (NOPAT)	263	268	273
Normalized NOPAT Margin	8.74%	9.73%	9.35%
Pre Tax Income Margin	10.55%	9.29%	10.94%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	11.71	4.18	7.15
NOPAT to Interest Expense	8.94	3.36	5.04
EBIT Less CapEx to Interest Expense	11.15	3.97	6.92
NOPAT Less CapEx to Interest Expense	8.38	3.15	4.81
Payout Ratios	-	-	-
Dividend Payout Ratio	4.41%	5.18%	4.73%
Augmented Payout Ratio	15.37%	7.52%	10.15%

This table displays calculated financial ratios and metrics derived from Hovnanian Enterprises, Inc. PFD DEP1/1000A's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	1/31/2025	10/31/2024	7/31/2024	4/30/2024	1/31/2024	10/31/2023	7/31/2023	4/30/2023	1/31/2023	10/31/2022	7/31/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	13.37%	10.44%	11.19%	0.67%	15.30%	0.03%	-15.33%	0.16%	-8.84%	-41.08%	0.00%
EBITDA Growth	37.93%	-14.96%	15.50%	16.10%	8.70%	-3.30%	-16.70%	-11.24%	-11.39%	-80.19%	118.36%
EBIT Growth	40.49%	-14.93%	16.99%	21.19%	8.93%	-3.10%	-17.50%	-15.95%	-13.72%	-80.43%	118.07%
NOPAT Growth	35.34%	-15.02%	10.71%	19.92%	-22.89%	27.67%	-11.45%	-30.44%	27.69%	-82.44%	117.28%
Net Income Growth	17.93%	-3.00%	30.76%	48.88%	27.72%	74.83%	-32.50%	-45.31%	-24.56%	6.01%	73.19%
EPS Growth	23.02%	-2.35%	32.11%	48.99%	28.76%	90.03%	-31.79%	-46.72%	-26.38%	-0.30%	61.01%
Operating Cash Flow Growth	37.22%	-19.39%	-140.90%	-8.34%	-184.85%	21.69%	571.40%	81.62%	73.00%	-7.72%	-49.70%
Free Cash Flow Firm Growth	75.70%	-25.58%	-400.40%	-1,029.93%	-243.49%	28.05%	-203.78%	126.08%	253.12%	-210.08%	121.39%
Invested Capital Growth	21.62%	26.07%	67.50%	38.17%	493.96%	29.12%	20.74%	-0.67%	-76.70%	56.55%	-7.43%
Revenue Q/Q Growth	-31.24%	35.55%	2.02%	19.22%	-33.01%	36.48%	-7.63%	36.54%	-41.88%	15.53%	9.26%
EBITDA Q/Q Growth	-55.15%	15.63%	30.32%	104.11%	-72.35%	57.05%	31.00%	91.10%	-65.66%	35.30%	39.57%
EBIT Q/Q Growth	-55.90%	15.57%	32.79%	107.59%	-73.30%	58.94%	37.56%	86.59%	-66.65%	35.31%	40.14%
NOPAT Q/Q Growth	-61.04%	23.40%	35.88%	107.17%	-75.54%	60.75%	47.20%	33.20%	-43.14%	11.49%	15.63%
Net Income Q/Q Growth	-70.12%	29.39%	43.44%	112.67%	-75.42%	74.42%	63.31%	82.44%	-66.36%	-32.66%	32.32%
EPS Q/Q Growth	-71.29%	27.90%	46.40%	128.87%	-77.21%	73.04%	65.10%	97.79%	-66.37%	-37.89%	28.96%
Operating Cash Flow Q/Q Growth	-148.24%	225.51%	-203.57%	200.11%	-161.95%	-36.32%	132.10%	411.12%	-126.47%	251.32%	-37.22%
Free Cash Flow Firm Q/Q Growth	0.58%	53.02%	-70.39%	69.47%	-413.83%	-87.22%	-416.65%	-95.29%	344.70%	-370.03%	179.58%
Invested Capital Q/Q Growth	2.91%	3.13%	14.55%	0.05%	6.67%	37.02%	-5.51%	330.07%	-76.81%	28.13%	-22.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	17.80%	21.47%	20.75%	21.89%	21.00%	25.27%	22.52%	20.11%	21.12%	22.68%	25.46%
EBITDA Margin	8.19%	12.55%	14.71%	11.52%	6.73%	16.30%	14.16%	9.99%	7.14%	16.86%	14.40%
Operating Margin	7.96%	12.41%	14.56%	11.18%	6.42%	16.11%	13.83%	9.29%	6.80%	16.63%	14.20%
EBIT Margin	7.96%	12.41%	14.56%	11.18%	6.42%	16.11%	13.83%	9.29%	6.80%	16.63%	14.20%
Profit (Net Income) Margin	4.19%	9.63%	10.09%	7.18%	4.02%	10.97%	8.58%	4.85%	3.63%	6.27%	10.76%
Tax Burden Percent	70.72%	80.05%	74.97%	73.26%	73.41%	80.13%	79.22%	74.03%	103.71%	60.81%	73.81%
Interest Burden Percent	74.35%	96.95%	92.47%	87.59%	85.33%	84.94%	78.28%	70.56%	51.51%	62.03%	102.69%
Effective Tax Rate	29.28%	19.95%	25.03%	26.74%	26.59%	19.87%	20.78%	25.97%	-3.71%	39.19%	26.19%
Return on Invested Capital (ROIC)	7.12%	12.80%	15.78%	12.26%	10.40%	19.44%	21.95%	12.36%	20.66%	22.58%	28.61%
ROIC Less NNEP Spread (ROIC-NNEP)	6.56%	12.62%	15.36%	11.73%	9.87%	18.16%	20.34%	11.23%	18.08%	19.27%	28.81%
Return on Net Nonoperating Assets (RNNOA)	15.99%	29.96%	36.81%	29.62%	15.44%	50.74%	47.84%	40.95%	41.73%	71.08%	133.86%
Return on Equity (ROE)	23.11%	42.77%	52.59%	41.88%	25.83%	70.18%	69.78%	53.31%	62.38%	93.65%	162.47%
Cash Return on Invested Capital (CROIC)	-8.31%	-11.80%	-38.15%	-19.40%	-121.94%	-10.77%	-3.19%	14.72%	149.52%	-23.22%	63.43%
Operating Return on Assets (OROA)	10.07%	14.63%	17.18%	13.23%	13.21%	17.57%	15.46%	10.97%	14.33%	19.91%	23.82%
Return on Assets (ROA)	5.30%	11.35%	11.91%	8.49%	8.28%	11.96%	9.59%	5.73%	7.66%	7.51%	18.05%
Return on Common Equity (ROCE)	18.70%	34.39%	40.59%	31.35%	18.86%	50.49%	46.76%	32.31%	33.85%	48.19%	66.45%
Return on Equity Simple (ROE_SIMPLE)	30.35%	0.00%	34.82%	35.20%	34.77%	0.00%	34.04%	44.50%	55.43%	0.00%	65.70%
Net Operating Profit after Tax (NOPAT)	38	97	79	58	28	115	71	48	36	90	80
NOPAT Margin	5.63%	9.93%	10.91%	8.19%	4.71%	12.91%	10.96%	6.88%	7.05%	10.11%	10.48%
Net Nonoperating Expense Percent (NNEP)	0.56%	0.18%	0.42%	0.53%	0.52%	1.28%	1.60%	1.14%	2.58%	3.31%	-0.20%
Return On Investment Capital (ROIC_SIMPLE)	4.67%	12.16%	-	-	4.61%	19.68%	-	-	-	5.36%	-
Cost of Revenue to Revenue	82.20%	78.53%	79.25%	78.11%	79.00%	74.73%	77.48%	79.89%	78.88%	77.32%	74.55%
SG&A Expenses to Revenue	12.91%	8.95%	12.38%	11.15%	14.49%	9.10%	11.55%	10.73%	14.24%	9.12%	9.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	9.85%	9.06%	6.19%	10.71%	14.58%	9.16%	8.69%	10.82%	14.32%	6.05%	11.26%
Earnings before Interest and Taxes (EBIT)	54	122	105	79	38	143	90	65	35	147	109
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	55	123	106	82	40	145	92	70	37	150	111
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.19	1.60	2.21	1.76	2.18	0.95	1.84	0.18	1.33	1.04	1.51
Price to Tangible Book Value (P/TBV)	1.19	1.60	2.21	1.76	2.18	0.95	1.84	0.18	1.33	1.04	1.51
Price to Revenue (P/Rev)	0.26	0.35	0.43	0.32	0.36	0.15	0.23	0.02	0.12	0.09	0.09
Price to Earnings (P/E)	2.79	3.79	3.61	2.73	4.23	1.79	2.77	0.20	1.10	1.00	0.32
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	35.87%	26.39%	27.73%	36.57%	23.65%	55.72%	36.12%	502.11%	90.51%	99.74%	316.06%
Enterprise Value to Invested Capital (EV/IC)	0.25	0.32	0.45	0.32	0.39	0.01	1.02	0.66	4.28	0.80	1.19
Enterprise Value to Revenue (EV/Rev)	0.21	0.28	0.39	0.24	0.30	0.01	0.56	0.36	0.55	0.44	0.42
Enterprise Value to EBITDA (EV/EBITDA)	1.81	2.40	3.42	2.19	2.49	0.05	5.01	3.22	4.58	3.25	1.48
Enterprise Value to EBIT (EV/EBIT)	1.84	2.44	3.50	2.25	2.57	0.06	5.19	3.32	4.67	3.30	1.49
Enterprise Value to NOPAT (EV/NOPAT)	2.42	3.20	4.58	2.90	3.29	0.07	7.15	4.65	6.44	4.68	2.05
Enterprise Value to Operating Cash Flow (EV/OCF)	11.66	35.55	22.04	1.88	2.29	0.04	3.75	4.80	9.12	14.27	14.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.44	1.08	0.00	1.80
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	2.43	2.98	2.89	3.37	3.94
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	2.43	2.98	2.89	3.37	3.94
Financial Leverage	2.44	2.37	2.40	2.52	1.56	2.79	2.35	3.65	2.31	3.69	4.65
Leverage Ratio	3.44	3.69	4.16	4.46	2.75	5.24	6.00	7.08	4.60	8.74	9.19
Compound Leverage Factor	2.55	3.58	3.85	3.91	2.34	4.45	4.70	4.99	2.37	5.42	9.44
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	70.87%	74.85%	74.32%	77.12%	79.77%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	70.87%	74.85%	74.32%	77.12%	79.77%
Preferred Equity to Total Capital	16.67%	16.91%	19.24%	20.91%	22.29%	23.26%	8.17%	7.92%	8.78%	8.08%	8.08%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.02%
Common Equity to Total Capital	83.33%	83.10%	80.76%	79.09%	77.71%	76.74%	20.96%	17.23%	16.90%	14.80%	12.13%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	3.83	3.94	3.31	3.29	1.34
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	2.48	2.63	3.20	2.25	1.04
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	3.83	3.94	3.31	3.29	1.34
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	5.47	5.69	4.65	4.73	1.85
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	3.54	3.81	4.49	3.24	1.43
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	5.47	5.69	4.65	4.73	1.85
Altman Z-Score	2.50	2.60	2.56	2.48	2.42	2.24	1.46	1.24	6.19	1.33	2.02
Noncontrolling Interest Sharing Ratio	19.08%	19.58%	22.82%	25.14%	26.99%	28.05%	32.99%	39.40%	45.74%	48.55%	59.10%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.00	0.00	0.00	0.00	0.00	1.67	1.84	0.70	1.59	3.16
Quick Ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.86	0.89	0.00	0.75	0.44
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-438	-440	-937	-550	-1,802	-351	-187	59	1,256	-487	181
Operating Cash Flow to CapEx	-1,993.54%	2,929.29%	-2,561.28%	2,557.49%	-1,648.53%	3,490.67%	4,833.59%	2,206.88%	-851.16%	2,961.94%	1,027.39%
Free Cash Flow to Firm to Interest Expense	-46.01	-86.86	-149.69	-61.33	-198.45	-10.78	-10.65	4.08	83.21	0.00	0.00
Operating Cash Flow to Interest Expense	-5.87	22.85	-14.74	9.93	-9.80	4.42	12.83	6.70	-2.07	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	-6.17	22.07	-15.31	9.55	-10.40	4.29	12.57	6.40	-2.31	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.27	1.18	1.18	1.18	2.06	1.09	1.12	1.18	2.11	1.20	1.68
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	85.57
Inventory Turnover	1.56	1.58	2.38	2.55	0.00	2.58	2.35	8.91	0.00	2.86	1.51
Fixed Asset Turnover	74.99	77.67	80.29	84.08	86.52	92.23	100.87	116.07	119.41	0.00	171.51
Accounts Payable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	5.35	5.67	0.00	5.16	5.30
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.27
Days Inventory Outstanding (DIO)	233.25	231.06	153.67	143.21	0.00	141.70	155.30	40.97	0.00	127.54	241.63
Days Payable Outstanding (DPO)	0.00	0.00	0.00	0.00	0.00	0.00	68.19	64.32	0.00	70.70	68.84
Cash Conversion Cycle (CCC)	233.25	231.06	153.67	143.21	0.00	141.70	87.12	-23.35	0.00	56.84	177.06
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,676	2,601	2,522	2,201	2,200	2,063	1,505	1,593	370	1,598	1,247
Invested Capital Turnover	1.27	1.29	1.45	1.50	2.21	1.51	2.00	1.80	2.93	2.23	2.73
Increase / (Decrease) in Invested Capital	476	538	1,016	608	1,830	465	259	-11	-1,220	577	-100
Enterprise Value (EV)	662	840	1,135	695	863	18	1,534	1,044	1,586	1,277	1,478
Market Capitalization	802	1,066	1,258	901	1,030	423	640	53	345	258	306
Book Value per Share	$111.66	$109.84	$94.80	$83.95	$72.63	$73.25	$57.87	$408.40	$43.66	$38.74	$32.18
Tangible Book Value per Share	$111.66	$109.84	$94.80	$83.95	$72.63	$73.25	$57.87	$408.40	$43.66	$38.74	$32.18
Total Capital	811	800	703	647	607	582	1,656	1,708	1,541	1,674	1,674
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	1,174	1,278	1,145	1,291	1,336
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	1,174	1,278	1,145	1,291	1,336
Net Debt	-275	-361	-258	-341	-302	-540	759	855	1,106	884	1,036
Capital Expenditures (CapEx)	2.80	3.95	3.60	3.48	5.40	4.12	4.67	4.41	3.67	3.99	3.27
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,746	1,727	1,729	1,490	1,532	1,419	-72	-19	-57	-71	1,087
Debt-free Net Working Capital (DFNWC)	1,848	1,945	1,861	1,680	1,723	1,862	257	318	-17	262	1,312
Net Working Capital (NWC)	1,848	1,945	1,861	1,680	1,723	1,862	257	318	-17	262	1,312
Net Nonoperating Expense (NNE)	9.72	2.97	5.94	7.20	4.11	17	15	14	18	34	-2.16
Net Nonoperating Obligations (NNO)	1,865	1,800	1,818	1,554	1,593	1,481	1,023	1,164	-25	1,215	908
Total Depreciation and Amortization (D&A)	1.53	1.38	1.13	2.37	1.81	1.66	2.14	4.91	1.74	2.03	1.51
Debt-free, Cash-free Net Working Capital to Revenue	56.60%	57.48%	59.37%	52.47%	54.03%	51.49%	-2.62%	-0.67%	-1.99%	-2.42%	30.71%
Debt-free Net Working Capital to Revenue	59.93%	64.73%	63.89%	59.17%	60.79%	67.55%	9.33%	11.06%	-0.60%	8.97%	37.07%
Net Working Capital to Revenue	59.93%	64.73%	63.89%	59.17%	60.79%	67.55%	9.33%	11.06%	-0.60%	8.97%	37.07%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.88	$13.56	$10.61	$7.12	$3.11	$13.79	$7.92	$0.00	$2.37	$0.00	$10.92
Adjusted Weighted Average Basic Shares Outstanding	6.52M	6.48M	6.47M	6.46M	6.50M	6.23M	6.25M	6.17M	6.19M	6.44M	6.49M
Adjusted Diluted Earnings per Share	$3.58	$12.47	$9.75	$6.66	$2.91	$12.77	$7.38	$4.47	$2.26	$6.72	$10.82
Adjusted Weighted Average Diluted Shares Outstanding	7.07M	7.01M	7.05M	6.90M	6.94M	6.67M	6.71M	6.46M	6.47M	6.73M	6.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	5.92M	6.06M	6.05M	5.99M	6.10M	6.10M	6.09M	6.00M	720.31K	5.96M	6.39M
Normalized Net Operating Profit after Tax (NOPAT)	38	97	79	58	28	115	71	48	25	90	80
Normalized NOPAT Margin	5.63%	9.93%	10.91%	8.19%	4.71%	12.91%	10.96%	6.88%	4.76%	10.11%	10.48%
Pre Tax Income Margin	5.92%	12.03%	13.46%	9.80%	5.48%	13.69%	10.83%	6.55%	3.50%	10.32%	14.58%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.63	23.98	16.80	8.83	4.20	4.39	5.11	4.51	2.32	0.00	0.00
NOPAT to Interest Expense	3.98	19.19	12.59	6.47	3.09	3.52	4.05	3.34	2.41	0.00	0.00
EBIT Less CapEx to Interest Expense	5.34	23.20	16.22	8.44	3.61	4.27	4.85	4.20	2.08	0.00	0.00
NOPAT Less CapEx to Interest Expense	3.69	18.41	12.02	6.08	2.49	3.39	3.79	3.03	2.16	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.33%	4.41%	4.36%	4.69%	5.06%	5.18%	6.50%	5.59%	4.87%	4.73%	3.60%
Augmented Payout Ratio	22.43%	15.37%	15.19%	11.34%	5.06%	7.52%	16.86%	14.49%	12.62%	10.15%	3.60%

Frequently Asked Questions About Hovnanian Enterprises, Inc. PFD DEP1/1000A's Financials

When does Hovnanian Enterprises, Inc. PFD DEP1/1000A's fiscal year end?

According to the most recent income statement we have on file, Hovnanian Enterprises, Inc. PFD DEP1/1000A's financial year ends in October. Their financial year 2024 ended on October 31, 2024.

How has Hovnanian Enterprises, Inc. PFD DEP1/1000A's net income changed over the last 2 years?

Hovnanian Enterprises, Inc. PFD DEP1/1000A's net income appears to be on an upward trend, with a most recent value of $242.01 million in 2024, rising from $225.49 million in 2022. The previous period was $205.89 million in 2023.

What is Hovnanian Enterprises, Inc. PFD DEP1/1000A's operating income?

Hovnanian Enterprises, Inc. PFD DEP1/1000A's total operating income in 2024 was $344.15 million, based on the following breakdown:

Total Gross Profit: $640.17 million
Total Operating Expenses: $296.02 million

How has Hovnanian Enterprises, Inc. PFD DEP1/1000A revenue changed over the last 2 years?

Over the last 2 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's total revenue changed from $2.92 billion in 2022 to $3.00 billion in 2024, a change of 2.8%.

How much debt does Hovnanian Enterprises, Inc. PFD DEP1/1000A have?

Hovnanian Enterprises, Inc. PFD DEP1/1000A's total liabilities were at $1.81 billion at the end of 2024, a 5.5% decrease from 2023, and a 17.2% decrease since 2022.

How much cash does Hovnanian Enterprises, Inc. PFD DEP1/1000A have?

In the past 2 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's cash and equivalents has ranged from $209.98 million in 2024 to $434.12 million in 2023, and is currently $209.98 million as of their latest financial filing in 2024.

How has Hovnanian Enterprises, Inc. PFD DEP1/1000A's book value per share changed over the last 2 years?

Over the last 2 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's book value per share changed from 38.74 in 2022 to 109.84 in 2024, a change of 183.5%.

Related Companies

This page (NASDAQ:HOVNP) was last updated on 5/22/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP) Financials

Frequently Asked Questions About Hovnanian Enterprises, Inc. PFD DEP1/1000A's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

Hovnanian Enterprises, Inc. PFD DEP1/1000A (HOVNP) Financials

Annual Income Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Quarterly Income Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Annual Cash Flow Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Quarterly Cash Flow Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Annual Balance Sheets for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Quarterly Balance Sheets for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Annual Metrics And Ratios for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Quarterly Metrics And Ratios for Hovnanian Enterprises, Inc. PFD DEP1/1000A

Frequently Asked Questions About Hovnanian Enterprises, Inc. PFD DEP1/1000A's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools