Free Trial
→ Why this tiny stock may move before the SpaceX IPO drops (From Behind the Markets) (Ad)tc pixel Free HOVNP Stock Alerts

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

Hovnanian Enterprises, Inc. PFD DEP1/1000A logo
$20.50 +0.07 (+0.32%)
As of 12:14 PM Eastern
This is a fair market value price provided by Massive. Learn more.
Compare
Annual Income Statements for Hovnanian Enterprises, Inc. PFD DEP1/1000A

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Net Income / (Loss) Attributable to Common Shareholders		 -16 -2.82 -155 211 138 299 763 257 236 281 109
Consolidated Net Income / (Loss)		 -16 -2.82 -332 4.52 -42 51 608 225 206 242 64
Net Income / (Loss) Continuing Operations		 -16 -2.82 -155 211 138 299 763 268 247 292 120
Total Pre-Tax Income 		-22 2.44 -45 8.15 -40 55 190 320 256 317 86
Total Operating Income		 72 6.78 139 95 64 169 262 387 333 344 164
Total Gross Profit		 335 392 384 360 335 412 585 686 621 640 477
Total Revenue		 2,148 2,752 2,452 1,991 2,017 2,344 2,783 2,922 2,756 3,005 2,979
Operating Revenue		 2,148 2,752 2,452 1,991 2,017 2,344 2,783 2,922 2,756 3,005 2,979
Total Cost of Revenue		 1,814 2,360 2,068 1,631 1,682 1,932 2,198 2,236 2,135 2,365 2,502
Operating Cost of Revenue		 1,814 2,360 2,050 1,631 1,682 1,932 2,198 2,236 2,135 2,365 2,502
Total Operating Expenses		 263 385 245 266 271 243 322 299 288 296 312
Selling, General & Admin Expense		 251 253 256 229 233 242 277 296 305 342 350
Other Operating Expenses / (Income)		 - 96 -63 37 38 1.10 46 2.42 -17 -46 -37
Total Other Income / (Expense), net		 -94 -4.35 -7.05 120 77 134 83 -25 -37 23 -22
Interest Expense		 92 - - -96 -48 -117 -74 54 80 29 69
Interest & Investment Income		 4.17 -4.35 -7.05 24 29 17 8.85 29 43 52 46
Income Tax Expense		 -5.67 5.26 287 3.63 2.45 4.48 -418 94 50 75 22
Preferred Stock Dividends Declared		 - - - - - 0.00 0.00 11 11 11 11
Basic Earnings per Share		 ($0.11) ($0.02) ($56.23) - ($7.06) $7.48 $87.50 $30.31 $28.76 $34.40 $7.95
Weighted Average Basic Shares Outstanding		 146.90M 147.45M 5.91M 5.94M 5.97M 6.19M 6.29M 6.44M 6.23M 6.48M 6.45M
Diluted Earnings per Share		 ($0.11) ($0.02) ($56.23) $0.72 ($7.06) $7.03 $85.86 $29.00 $26.88 $31.79 $7.43
Weighted Average Diluted Shares Outstanding		 146.90M 147.45M 5.91M 6.07M 5.97M 6.58M 6.40M 6.73M 6.67M 7.01M 6.89M
Weighted Average Basic & Diluted Shares Outstanding		 146.52M 147.30M 147.59M 148.39M 6.13M 6.14M 6.25M 5.96M 6.10M 6.06M 5.95M

Quarterly 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 quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
Net Income / (Loss) Attributable to Common Shareholders		 106 33 60 83 106 39 33 29 12 31 10
Consolidated Net Income / (Loss)		 97 24 51 73 94 28 20 17 -0.67 21 -0.88
Net Income / (Loss) Continuing Operations		 108 35 63 85 108 42 33 31 14 34 13
Total Pre-Tax Income 		121 33 69 97 118 40 27 24 -4.11 29 0.34
Total Operating Income		 143 38 79 105 122 54 30 30 41 51 27
Total Gross Profit		 224 125 155 150 210 121 120 121 115 106 112
Total Revenue		 887 594 708 723 980 674 686 801 818 632 668
Operating Revenue		 887 594 708 723 980 674 686 801 818 632 668
Total Cost of Revenue		 663 469 553 573 769 553 566 679 703 526 556
Operating Cost of Revenue		 663 469 553 573 769 553 566 679 703 526 556
Total Operating Expenses		 81 87 76 45 89 67 90 91 74 55 85
Selling, General & Admin Expense		 81 86 79 89 88 87 81 91 92 84 84
Other Operating Expenses / (Income)		 0.50 0.55 -3.13 -45 1.08 -21 9.65 0.46 -18 -31 0.58
Total Other Income / (Expense), net		 -10 5.87 2.20 4.44 10 -0.31 9.44 8.36 -30 -8.72 -14
Interest Expense		 33 9.08 8.97 6.26 5.07 9.52 -0.40 7.15 43 12 12
Interest & Investment Income		 22 15 11 11 15 9.21 9.04 16 13 3.44 -1.11
Income Tax Expense		 24 8.66 19 24 24 12 6.80 7.19 -3.44 7.84 0.93
Preferred Stock Dividends Declared		 2.67 2.67 2.67 2.67 2.67 2.67 - 2.67 2.67 2.67 2.67
Net Income / (Loss) Attributable to Noncontrolling Interest		 - - - - - - 0.00 - - - -0.31
Basic Earnings per Share		 $13.79 $3.11 $7.12 $10.61 $13.56 $3.88 $2.64 $2.14 ($0.71) $2.80 ($0.46)
Weighted Average Basic Shares Outstanding		 6.23M 6.50M 6.46M 6.47M 6.48M 6.52M 6.41M 6.40M 6.45M 6.49M 6.42M
Diluted Earnings per Share		 $12.77 $2.91 $6.66 $9.75 $12.47 $3.58 $2.43 $1.99 ($0.57) $2.62 ($0.46)
Weighted Average Diluted Shares Outstanding		 6.67M 6.94M 6.90M 7.05M 7.01M 7.07M 6.95M 6.89M 6.89M 6.95M 6.42M
Weighted Average Basic & Diluted Shares Outstanding		 6.10M 6.10M 5.99M 6.05M 6.06M 5.92M 5.80M 5.89M 5.95M 5.94M 5.86M

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

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Net Change in Cash & Equivalents		 -8.15 89 182 -261 -51 127 1.94 71 95 -211 52
Net Cash From Operating Activities		 -321 387 302 -67 -249 293 210 89 435 24 188
Net Cash From Continuing Operating Activities		 -321 387 302 -67 -249 293 210 89 435 24 188
Net Income / (Loss) Continuing Operations		 -16 -2.82 -332 4.52 -42 51 608 225 206 242 64
Consolidated Net Income / (Loss)		 -16 -2.82 -332 4.52 -42 51 608 225 206 242 64
Depreciation Expense		 3.39 3.57 4.25 3.16 4.17 5.30 5.28 5.46 8.80 7.73 14
Amortization Expense		 12 13 14 8.82 8.13 1.89 0.24 0.38 1.65 -1.04 -1.38
Non-Cash Adjustments To Reconcile Net Income		 -1,018 -1,230 95 -11 15 79 -30 46 -22 -78 43
Changes in Operating Assets and Liabilities, net		 699 1,604 521 -72 -234 156 -373 -188 241 -147 69
Net Cash From Investing Activities		 2.47 -52 -30 36 -8.31 2.14 9.00 -2.15 -78 -46 -66
Net Cash From Continuing Investing Activities		 7.02 -52 -30 36 -8.31 2.14 9.00 -2.15 -78 -46 -66
Purchase of Property, Plant & Equipment		 -2.05 -8.01 -6.48 -5.19 -4.01 -3.38 -5.94 -13 -19 -18 -22
Acquisitions		 -19 -50 -37 -26 -13 - - 0.04 -78 -34 -50
Sale of Property, Plant & Equipment		 1.57 0.76 0.27 38 0.03 0.11 0.03 0.06 1.96 1.42 1.81
Sale and/or Maturity of Investments		 17 5.26 13 29 8.93 25 31 10 16 4.40 4.50
Net Cash From Financing Activities		 310 -246 -148 -229 207 -168 -217 -17 -262 -188 -70
Net Cash From Continuing Financing Activities		 310 -246 -90 -229 207 -168 -217 -17 -262 -188 -70
Repayment of Debt		 -215 -645 -1,095 -578 -752 -548 -398 -533 -1,149 -489 -1,163
Repurchase of Common Equity		 - - - - - 0.00 0.00 -12 -4.80 -27 -30
Payment of Dividends		 - - - - 0.00 0.00 0.00 -11 -11 -11 -11
Issuance of Debt		 509 351 1,008 376 880 390 250 398 982 322 1,028
Other Financing Activities, net		 16 48 -3.50 -28 79 -10 -70 141 -79 17 106
Cash Interest Paid		 86 102 90 112 109 89 87 45 63 48 45
Cash Income Taxes Paid		 1.78 -1.39 1.09 2.52 3.48 3.01 7.67 14 9.41 9.69 16

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

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 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
Net Change in Cash & Equivalents		 110 -239 -7.20 -47 83 -123 -25 76 124 59 -27
Net Cash From Operating Activities		 144 -89 89 -92 116 -56 22 53 169 141 -67
Net Cash From Continuing Operating Activities		 144 -89 89 -92 116 -56 22 53 169 141 -67
Net Income / (Loss) Continuing Operations		 97 24 51 73 94 28 20 17 -0.67 21 -0.60
Consolidated Net Income / (Loss)		 97 24 51 73 94 28 20 17 -0.67 21 -0.60
Depreciation Expense		 1.58 1.60 2.01 2.07 2.05 2.30 3.02 3.19 5.35 3.27 3.54
Amortization Expense		 0.08 0.21 0.36 -0.94 -0.68 -0.77 -0.61 -0.39 0.40 2.37 2.38
Non-Cash Adjustments To Reconcile Net Income		 -41 20 -2.25 -94 -2.24 6.50 -3.72 -4.46 44 -5.45 -24
Changes in Operating Assets and Liabilities, net		 85 -135 38 -72 22 -92 3.89 38 120 120 -49
Net Cash From Investing Activities		 0.18 -4.12 -33 -3.10 -6.18 -25 -7.88 -28 -5.37 -29 -2.15
Net Cash From Continuing Investing Activities		 0.18 -4.12 -33 -3.10 -6.18 -25 -7.88 -28 -5.37 -29 -2.15
Purchase of Property, Plant & Equipment		 -5.62 -5.44 -4.44 -3.55 -4.42 -3.69 -6.32 -7.01 -5.09 -8.77 -3.35
Acquisitions		 0.74 0.00 - - - -26 -2.80 -21 -0.64 -20 -2.96
Sale of Property, Plant & Equipment		 1.50 0.04 0.96 -0.05 0.47 0.88 0.64 0.00 0.28 0.03 4.16
Net Cash From Financing Activities		 -34 -146 -63 48 -27 -42 -39 51 -40 -53 42
Net Cash From Continuing Financing Activities		 -34 -146 -63 48 -27 -42 -39 51 -40 -53 42
Repayment of Debt		 -775 -213 -90 -64 -123 -96 -89 -37 -942 -52 -0.14
Repurchase of Common Equity		 - 0.00 -15 -11 0.01 -18 -12 0.09 0.06 -9.00 -9.55
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		 766 79 72 76 94 58 47 26 896 20 36
Other Financing Activities, net		 -22 -9.80 -28 50 4.96 17 17 65 8.26 -9.53 17

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

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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Total Assets		 2,602 2,355 1,901 1,662 1,881 1,827 2,321 2,562 2,493 2,606 2,634
Total Current Assets		 2,353 625 656 1,385 1,565 508 1,596 705 1,862 1,945 708
Cash & Equivalents		 534 347 469 195 182 267 246 333 434 210 273
Restricted Cash		 27 23 24 38 0.00 - - - 8.43 7.88 13
Inventories, net		 1,645 209 125 1,078 1,292 182 1,254 309 1,349 1,645 333
Prepaid Expenses		 78 47 37 39 46 59 56 64 70 83 90
Plant, Property, & Equipment, net		 46 50 53 20 40 18 0.00 26 34 43 51
Total Noncurrent Assets		 125 1,907 1,183 247 254 1,375 503 2,026 2,619 2,778 2,057
Long-Term Investments		 122 101 115 247 254 103 61 75 98 143 163
Noncurrent Note & Lease Receivables		 - 50 58 - - 34 - 38 28 29 26
Goodwill		 - - - - - - - - - - 0.00
Noncurrent Deferred & Refundable Income Taxes		 - 284 - - - 0.00 426 345 2,493 2,606 230
Other Noncurrent Operating Assets		 2.09 1,473 1,010 - - 1,238 16 1,569 - - 1,637
Total Liabilities & Shareholders' Equity		 2,602 2,355 1,901 2,597 1,881 1,827 2,321 2,562 2,493 2,606 2,634
Total Liabilities		 2,730 2,483 2,361 2,116 2,371 2,263 2,145 2,179 1,911 1,805 1,803
Total Current Liabilities		 568 407 371 338 518 363 493 443 0.00 0.00 0.00
Total Noncurrent Liabilities		 2,163 1,754 1,757 2,713 1,853 1,781 1,652 1,600 1,911 1,805 1,803
Other Noncurrent Operating Liabilities		 - - - - 169 215 279 309 1,911 1,805 1,803
Total Equity & Noncontrolling Interests		 -128 -129 -460 -454 -490 -436 175 383 582 800 831
Total Preferred & Common Equity		 -128 -129 -460 -454 -490 -437 175 383 582 800 831
Preferred Stock		 135 135 135 135 135 135 135 135 135 135 135
Total Common Equity		 -263 -264 -596 -589 -626 -572 40 248 446 665 696
Common Stock		 705 708 708 710 716 718 722 728 736 750 757
Retained Earnings		 -853 -856 -1,188 -1,184 -1,226 -1,175 -567 -352 -157 74 127
Treasury Stock		 -115 -115 -115 -115 -115 -115 -115 -128 -132 -159 -189
Noncontrolling Interest		 - - - 0.00 0.69 0.84 0.49 0.02 0.05 - 0.00

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

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 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024 Q1 2025 Q2 2025 Q3 2025 Q1 2026 Q2 2026
Period end date 1/31/2023 4/30/2023 7/31/2023 1/31/2024 4/30/2024 7/31/2024 1/31/2025 4/30/2025 7/31/2025 1/31/2026 4/30/2026
Total Assets		 415 2,484 2,394 2,340 2,318 2,541 2,533 2,553 2,629 2,735 2,829
Total Current Assets		 40 695 639 1,723 1,680 1,861 1,848 435 572 789 810
Cash & Equivalents		 0.00 337 329 183 182 122 94 74 147 340 311
Restricted Cash		 40 - - 8.37 8.37 9.62 8.45 9.03 12 9.66 9.94
Inventories, net		 0.00 301 251 1,464 1,417 1,650 1,666 268 330 324 369
Prepaid Expenses		 0.00 57 59 68 73 79 79 84 84 115 120
Plant, Property, & Equipment, net		 28 28 31 37 40 41 45 48 52 57 56
Total Noncurrent Assets		 347 1,978 1,892 2,475 2,493 2,715 2,780 4,505 4,570 4,601 2,173
Long-Term Investments		 0.00 86 85 111 151 126 173 183 218 147 148
Noncurrent Note & Lease Receivables		 - 37 33 24 25 48 74 25 29 40 47
Goodwill		 - - - - - - - - - 32 32
Noncurrent Deferred & Refundable Income Taxes		 347 337 325 2,340 2,318 2,541 2,533 2,553 2,629 2,735 222
Other Noncurrent Operating Assets		 - 1,519 1,449 - - - - 1,744 1,693 1,648 1,724
Total Liabilities & Shareholders' Equity		 1,598 2,484 2,394 2,340 2,318 2,541 2,533 2,553 2,629 2,735 2,829
Total Liabilities		 1,202 2,054 1,911 1,733 1,671 1,837 1,722 1,733 1,794 1,897 2,001
Total Current Liabilities		 57 377 382 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Noncurrent Liabilities		 1,145 1,586 1,435 1,733 1,671 1,837 1,722 1,733 1,794 1,897 2,001
Other Noncurrent Operating Liabilities		 - 308 261 1,733 1,671 1,837 1,722 1,733 1,794 1,897 2,001
Total Equity & Noncontrolling Interests		 396 429 483 607 647 703 811 820 835 838 828
Total Preferred & Common Equity		 396 429 482 607 647 703 811 820 835 836 825
Preferred Stock		 135 135 135 135 135 135 135 135 135 135 135
Total Common Equity		 260 294 347 472 512 568 676 685 700 700 690
Common Stock		 729 731 731 740 747 745 753 758 759 753 755
Retained Earnings		 -336 -305 -252 -136 -88 -18 100 117 131 146 143
Treasury Stock		 -132 -132 -132 -132 -148 -159 -177 -189 -189 -198 -208
Noncontrolling Interest		 0.02 0.03 0.04 0.00 0.00 0.00 - - - 1.90 2.70

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

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

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Period end date 10/31/2015 10/31/2016 10/31/2017 10/31/2018 10/31/2019 10/31/2020 10/31/2021 10/31/2022 10/31/2023 10/31/2024 10/31/2025
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 4.12% 28.10% -10.92% -18.78% 1.29% 16.21% 18.73% 5.01% -5.69% 9.03% -0.88%
EBITDA Growth		 -29.31% -71.38% 576.20% -31.77% -28.74% 131.73% 51.79% 46.68% -12.57% 2.08% -49.64%
EBIT Growth		 -34.63% -89.71% 1,943.62% -31.50% -32.71% 165.08% 54.98% 47.55% -13.95% 3.28% -52.29%
NOPAT Growth		 -96.86% -115.59% 1,336.17% -45.70% -15.11% 248.09% 439.74% -67.50% -1.85% -2.01% -53.62%
Net Income Growth		 -105.24% 82.49% -11,684.07% 101.36% -1,031.79% 220.92% 1,093.48% -62.90% -8.69% 17.54% -73.61%
EPS Growth		 -105.88% 81.82% -11,684.07% 101.36% -1,080.56% 199.58% 1,121.34% -66.22% -7.31% 18.27% -76.63%
Operating Cash Flow Growth		 -68.18% 220.73% -22.07% -122.16% -272.82% 217.54% -28.21% -57.44% 386.53% -94.57% 696.44%
Free Cash Flow Firm Growth		 -89.52% -293.79% 322.16% -85.43% -4.22% -133.80% 1,937.24% -139.36% 35.15% -39.53% 131.69%
Invested Capital Growth		 -10.66% 29.96% -46.56% -8.47% -9.55% 26.19% 7.13% 56.55% 29.12% 26.07% 1.33%
Revenue Q/Q Growth		 -0.24% 4.24% -3.29% -5.09% -24.45% 44.46% 41.90% -17.46% 0.01% 3.18% -5.15%
EBITDA Q/Q Growth		 111.28% -80.42% 489.85% -48.71% 25.67% -13.82% 158.42% -60.62% 12.24% 5.76% -30.04%
EBIT Q/Q Growth		 108.99% -93.41% 1,774.21% -51.74% 33.31% -13.55% 156.46% -61.02% 12.82% 5.97% -32.83%
NOPAT Q/Q Growth		 109.34% -242.70% 1,774.21% -61.74% 52.68% 56.87% 146.76% -62.20% 24.88% 5.87% -34.74%
Net Income Q/Q Growth		 -105.73% -785.89% -3.25% 115.16% -817.74% 500.07% 1.99% 1.42% 25.35% -1.19% -59.80%
EPS Q/Q Growth		 -106.47% -100.72% -3.25% 115.16% -115.16% -80.69% 287.45% -0.07% 29.04% -0.93% -63.70%
Operating Cash Flow Q/Q Growth		 -21.54% 87.23% -10.75% -212.22% -9.12% 45.13% 15.33% -9.94% 6.25% -54.09% 39.44%
Free Cash Flow Firm Q/Q Growth		 123.74% -15.56% 60.75% -96.29% 103.65% -110.65% 135.51% -136.96% -349.02% 64.19% 127.73%
Invested Capital Q/Q Growth		 -5.61% -2.14% -23.64% 138.43% -40.29% -1.67% -24.24% 28.13% 37.02% 3.13% -12.82%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 15.59% 14.25% 15.64% 18.10% 16.62% 17.59% 21.02% 23.47% 22.53% 21.30% 16.00%
EBITDA Margin		 3.77% 0.84% 6.39% 5.37% 3.78% 7.53% 9.63% 13.45% 12.47% 11.68% 5.93%
Operating Margin		 3.35% 0.25% 5.65% 4.77% 3.17% 7.23% 9.43% 13.25% 12.09% 11.45% 5.51%
EBIT Margin		 3.07% 0.25% 5.65% 4.77% 3.17% 7.23% 9.43% 13.25% 12.09% 11.45% 5.51%
Profit (Net Income) Margin		 -0.75% -0.10% -13.55% 0.23% -2.09% 2.17% 21.84% 7.72% 7.47% 8.05% 2.14%
Tax Burden Percent		 73.97% -115.72% 734.23% 55.49% 106.17% 91.92% 320.14% 70.52% 80.44% 76.32% 74.19%
Interest Burden Percent		 -33.03% 35.92% -32.64% 8.58% -62.09% 32.71% 72.33% 82.56% 76.81% 92.14% 52.43%
Effective Tax Rate		 0.00% 215.72% 0.00% 44.51% 0.00% 8.08% -220.14% 29.48% 19.56% 23.68% 25.81%
Return on Invested Capital (ROIC)		 3.62% -0.52% 7.41% 6.03% 5.63% 18.24% 85.18% 20.86% 14.65% 11.27% 4.65%
ROIC Less NNEP Spread (ROIC-NNEP)		 -0.77% -0.21% -19.36% 2.41% -1.23% 10.28% 64.36% 16.24% 10.03% 10.01% 1.44%
Return on Net Nonoperating Assets (RNNOA)		 9.48% 2.72% 105.41% -7.02% 3.30% -29.24% -551.46% 59.89% 28.03% 23.75% 3.18%
Return on Equity (ROE)		 13.10% 2.20% 112.82% -0.99% 8.93% -11.00% -466.28% 80.76% 42.68% 35.02% 7.83%
Cash Return on Invested Capital (CROIC)		 14.88% -26.58% 68.10% 14.87% 15.65% -4.92% 78.29% -23.22% -10.77% -11.80% 3.33%
Operating Return on Assets (OROA)		 2.69% 0.27% 6.51% 5.33% 3.61% 9.13% 12.66% 15.86% 13.18% 13.50% 6.27%
Return on Assets (ROA)		 -0.66% -0.11% -15.61% 0.25% -2.38% 2.75% 29.31% 9.24% 8.15% 9.49% 2.44%
Return on Common Equity (ROCE)		 27.51% 4.51% 164.66% -1.28% 11.50% -14.23% -952.61% 41.55% 30.71% 28.16% 6.53%
Return on Equity Simple (ROE_SIMPLE)		 12.57% 2.19% 72.16% -1.00% 8.59% -11.66% 347.53% 58.87% 35.39% 30.24% 0.00%
Net Operating Profit after Tax (NOPAT)		 50 -7.85 97 53 45 156 840 273 268 263 122
NOPAT Margin		 2.34% -0.29% 3.96% 2.65% 2.22% 6.64% 30.20% 9.35% 9.73% 8.74% 4.09%
Net Nonoperating Expense Percent (NNEP)		 4.39% -0.31% 26.77% 3.62% 6.86% 7.96% 20.81% 4.62% 4.61% 1.26% 3.22%
Return On Investment Capital (ROIC_SIMPLE)		 - - - - - - - 16.31% 46.07% 32.82% 14.66%
Cost of Revenue to Revenue		 84.41% 85.75% 84.36% 81.90% 83.38% 82.41% 78.98% 76.53% 77.47% 78.70% 84.00%
SG&A Expenses to Revenue		 11.68% 9.20% 10.43% 11.49% 11.56% 10.32% 9.94% 10.13% 11.06% 11.39% 11.75%
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		 12.24% 14.01% 9.99% 13.34% 13.45% 10.36% 11.59% 10.22% 10.44% 9.85% 10.49%
Earnings before Interest and Taxes (EBIT)		 66 6.78 139 95 64 169 262 387 333 344 164
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 81 23 157 107 76 177 268 393 344 351 177
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.00 0.00 0.00 0.00 0.00 0.00 13.31 1.04 0.95 1.60 1.02
Price to Tangible Book Value (P/TBV)		 0.00 0.00 0.00 0.00 0.00 0.00 13.31 1.04 0.95 1.60 1.02
Price to Revenue (P/Rev)		 0.14 0.08 0.15 0.11 0.07 0.08 0.19 0.09 0.15 0.35 0.24
Price to Earnings (P/E)		 0.00 0.00 0.00 1.03 1.08 0.65 0.69 1.00 1.79 3.79 6.49
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		 0.00% 0.00% 0.00% 97.45% 92.51% 153.07% 144.82% 99.74% 55.72% 26.39% 15.41%
Enterprise Value to Invested Capital (EV/IC)		 1.46 0.97 1.80 3.10 2.03 1.60 1.69 0.80 0.01 0.32 0.15
Enterprise Value to Revenue (EV/Rev)		 0.89 0.60 0.67 1.30 0.76 0.65 0.62 0.44 0.01 0.28 0.13
Enterprise Value to EBITDA (EV/EBITDA)		 23.68 71.15 10.47 24.17 20.11 8.65 6.45 3.25 0.05 2.40 2.23
Enterprise Value to EBIT (EV/EBIT)		 29.10 243.16 11.84 27.22 23.98 9.02 6.59 3.30 0.06 2.44 2.40
Enterprise Value to NOPAT (EV/NOPAT)		 38.10 0.00 16.91 49.05 34.26 9.81 2.06 4.68 0.07 3.20 3.24
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 4.26 5.44 0.00 0.00 5.21 8.23 14.27 0.04 35.55 2.10
Enterprise Value to Free Cash Flow (EV/FCFF)		 9.26 0.00 1.84 19.90 12.32 0.00 2.24 0.00 0.00 0.00 4.53
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 -16.89 -13.65 -3.82 -5.98 -3.44 -3.59 7.83 3.37 0.00 0.00 0.00
Long-Term Debt to Equity		 -16.89 -13.65 -3.82 -5.98 -3.44 -3.59 7.83 3.37 0.00 0.00 0.00
Financial Leverage		 -12.31 -12.76 -5.44 -2.91 -2.68 -2.84 -8.57 3.69 2.79 2.37 2.21
Leverage Ratio		 -19.90 -19.32 -7.23 -3.90 -3.76 -4.01 -15.91 8.74 5.24 3.69 3.21
Compound Leverage Factor		 6.57 -6.94 2.36 -0.33 2.33 -1.31 -11.51 7.22 4.02 3.40 1.68
Debt to Total Capital		 106.29% 107.91% 135.50% 120.07% 141.03% 138.59% 88.68% 77.12% 0.00% 0.00% 0.00%
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		 106.29% 107.91% 135.50% 120.07% 141.03% 138.59% 88.68% 77.12% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital		 6.65% 8.32% 10.43% 5.99% 11.33% 11.97% 8.74% 8.08% 23.26% 16.91% 16.28%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.06% 0.07% 0.03% 0.00% 0.01% 0.00% 0.00%
Common Equity to Total Capital		 -12.94% -16.23% -45.93% -26.07% -52.42% -50.63% 2.56% 14.80% 76.74% 83.10% 83.72%
Debt to EBITDA		 26.72 75.69 11.21 25.37 22.10 8.87 5.12 3.29 0.00 0.00 0.00
Net Debt to EBITDA		 18.28 55.40 7.33 20.88 16.37 6.77 3.98 2.25 0.00 0.00 0.00
Long-Term Debt to EBITDA		 26.72 75.69 11.21 25.37 22.10 8.87 5.12 3.29 0.00 0.00 0.00
Debt to NOPAT		 42.98 -223.51 18.11 51.49 37.64 10.06 1.63 4.73 0.00 0.00 0.00
Net Debt to NOPAT		 29.42 -163.60 11.84 42.37 27.89 7.68 1.27 3.24 0.00 0.00 0.00
Long-Term Debt to NOPAT		 42.98 -223.51 18.11 51.49 37.64 10.06 1.63 4.73 0.00 0.00 0.00
Altman Z-Score		 1.34 0.84 0.93 1.21 0.98 0.84 1.95 1.64 2.49 2.88 2.56
Noncontrolling Interest Sharing Ratio		 -110.05% -105.46% -45.95% -29.62% -28.77% -29.39% -104.30% 48.55% 28.05% 19.58% 16.59%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 4.14 1.54 1.77 4.10 3.02 1.40 3.24 1.59 0.00 0.00 0.00
Quick Ratio		 1.06 0.85 1.26 0.68 0.44 0.74 0.58 0.75 0.00 0.00 0.00
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 207 -401 891 130 124 -42 772 -304 -197 -275 87
Operating Cash Flow to CapEx		 -66,639.29% 5,343.03% 4,857.89% 0.00% -6,265.77% 8,960.47% 3,556.90% 714.07% 2,581.70% 143.80% 927.89%
Free Cash Flow to Firm to Interest Expense		 2.25 0.00 0.00 0.00 0.00 0.00 0.00 -5.62 -2.47 -9.36 1.27
Operating Cash Flow to Interest Expense		 -3.49 0.00 0.00 0.00 0.00 0.00 0.00 1.65 5.46 0.80 2.75
Operating Cash Flow Less CapEx to Interest Expense		 -3.50 0.00 0.00 0.00 0.00 0.00 0.00 1.42 5.25 0.25 2.45
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.88 1.11 1.15 1.12 1.14 1.26 1.34 1.20 1.09 1.18 1.14
Accounts Receivable Turnover		 26.38 0.00 0.00 0.00 50.36 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover		 1.21 2.55 12.40 2.71 1.42 2.62 3.06 2.86 2.58 1.58 1.52
Fixed Asset Turnover		 30.91 57.42 47.49 54.40 66.63 80.22 0.00 0.00 92.23 77.67 63.39
Accounts Payable Turnover		 4.71 6.33 5.87 5.10 5.38 5.69 5.60 5.16 0.00 0.00 0.00
Days Sales Outstanding (DSO)		 13.84 0.00 0.00 0.00 7.25 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)		 301.11 143.32 29.43 134.62 257.25 139.33 119.28 127.54 141.70 231.06 239.42
Days Payable Outstanding (DPO)		 77.44 57.66 62.15 71.62 67.83 64.20 65.24 70.70 0.00 0.00 0.00
Cash Conversion Cycle (CCC)		 237.51 85.65 -32.72 63.01 196.67 75.13 54.04 56.84 141.70 231.06 239.42
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 1,313 1,706 912 834 755 953 1,020 1,598 2,063 2,601 2,635
Invested Capital Turnover		 1.54 1.82 1.87 2.28 2.54 2.75 2.82 2.23 1.51 1.29 1.14
Increase / (Decrease) in Invested Capital		 -157 393 -794 -77 -80 198 68 577 465 538 35
Enterprise Value (EV)		 1,918 1,649 1,641 2,584 1,532 1,527 1,729 1,277 18 840 395
Market Capitalization		 302 230 357 217 149 195 527 258 423 1,066 708
Book Value per Share		 ($1.80) ($1.79) ($4.04) ($3.97) ($105.21) ($93.16) $6.33 $38.74 $73.25 $109.84 $118.06
Tangible Book Value per Share		 ($1.80) ($1.79) ($4.04) ($3.97) ($105.21) ($93.16) $6.33 $38.74 $73.25 $109.84 $118.06
Total Capital		 2,035 1,626 1,297 2,259 1,194 1,130 1,549 1,674 582 800 831
Total Debt		 2,163 1,754 1,757 2,713 1,684 1,566 1,373 1,291 0.00 0.00 0.00
Total Long-Term Debt		 2,163 1,754 1,757 2,713 1,684 1,566 1,373 1,291 0.00 0.00 0.00
Net Debt		 1,481 1,284 1,148 2,232 1,247 1,196 1,067 884 -540 -361 -449
Capital Expenditures (CapEx)		 0.48 7.24 6.21 -33 3.98 3.27 5.91 13 17 16 20
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 1,225 -151 -209 814 865 -122 857 -71 1,419 1,727 1,727
Debt-free Net Working Capital (DFNWC)		 1,785 218 284 1,047 1,047 145 1,103 262 1,862 1,945 2,013
Net Working Capital (NWC)		 1,785 218 284 1,047 1,047 145 1,103 262 1,862 1,945 2,013
Net Nonoperating Expense (NNE)		 66 -5.03 429 48 87 105 232 48 62 21 58
Net Nonoperating Obligations (NNO)		 1,441 1,834 1,372 1,288 1,245 1,389 845 1,215 1,481 1,800 1,804
Total Depreciation and Amortization (D&A)		 15 16 18 12 12 7.20 5.52 5.83 10 6.69 12
Debt-free, Cash-free Net Working Capital to Revenue		 56.99% -5.49% -8.53% 40.89% 42.87% -5.21% 30.81% -2.42% 51.49% 57.48% 57.99%
Debt-free Net Working Capital to Revenue		 83.08% 7.94% 11.60% 52.59% 51.91% 6.19% 39.65% 8.97% 67.55% 64.73% 67.57%
Net Working Capital to Revenue		 83.08% 7.94% 11.60% 52.59% 51.91% 6.19% 39.65% 8.97% 67.55% 64.73% 67.57%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 ($2.75) ($0.50) ($56.25) $0.75 $0.00 $0.00 $87.50 $30.31 $28.76 $34.40 $7.95
Adjusted Weighted Average Basic Shares Outstanding		 5.88M 5.90M 5.91M 5.94M 5.97M 6.19M 6.29M 6.44M 6.23M 6.48M 6.45M
Adjusted Diluted Earnings per Share		 ($2.75) ($0.50) ($56.25) $0.75 ($7.06) $7.03 $85.86 $29.00 $26.88 $31.79 $7.43
Adjusted Weighted Average Diluted Shares Outstanding		 5.88M 5.90M 5.91M 6.07M 5.97M 6.58M 6.40M 6.73M 6.67M 7.01M 6.89M
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		 5.86M 5.89M 5.90M 5.94M 6.13M 6.14M 6.25M 5.96M 6.10M 6.06M 5.95M
Normalized Net Operating Profit after Tax (NOPAT)		 59 30 134 53 45 156 184 273 268 263 122
Normalized NOPAT Margin		 2.74% 1.10% 5.46% 2.65% 2.22% 6.64% 6.60% 9.35% 9.73% 8.74% 4.09%
Pre Tax Income Margin		 -1.01% 0.09% -1.85% 0.41% -1.97% 2.36% 6.82% 10.94% 9.29% 10.55% 2.89%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.72 0.00 0.00 0.00 0.00 0.00 0.00 7.15 4.18 11.71 2.40
NOPAT to Interest Expense		 0.55 0.00 0.00 0.00 0.00 0.00 0.00 5.04 3.36 8.94 1.78
EBIT Less CapEx to Interest Expense		 0.71 0.00 0.00 0.00 0.00 0.00 0.00 6.92 3.97 11.15 2.10
NOPAT Less CapEx to Interest Expense		 0.54 0.00 0.00 0.00 0.00 0.00 0.00 4.81 3.15 8.38 1.48
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.73% 5.18% 4.41% 16.71%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 10.15% 7.52% 15.37% 64.07%

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

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

Metric Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026
Period end date 10/31/2023 1/31/2024 4/30/2024 7/31/2024 10/31/2024 1/31/2025 4/30/2025 7/31/2025 10/31/2025 1/31/2026 4/30/2026
DEI Shares Outstanding		 - - - - - - - - - 5,952,677.00 5,938,194.00
DEI Adjusted Shares Outstanding		 - - - - - - - - - 5,952,677.00 5,938,194.00
DEI Earnings Per Adjusted Shares Outstanding		 - - - - - - - - - 5.28 1.75
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 0.03% 15.30% 0.67% 11.19% 10.44% 13.37% -3.09% 10.78% -16.51% - -2.74%
EBITDA Growth		 -3.30% 8.70% 16.10% 15.50% -14.96% 37.93% -49.09% -69.01% -61.72% - 2.54%
EBIT Growth		 -3.10% 8.93% 21.19% 16.99% -14.93% 40.49% -50.61% -71.33% -66.02% - -8.95%
NOPAT Growth		 27.67% -22.89% 19.92% 10.71% -15.02% 35.34% -49.88% -73.31% -70.28% - -314.93%
Net Income Growth		 74.83% 27.72% 48.88% 30.76% -3.00% 17.93% -61.20% -77.21% -100.71% - -104.46%
EPS Growth		 90.03% 28.76% 48.99% 32.11% -2.35% 23.02% -63.51% -79.59% -104.57% - -118.93%
Operating Cash Flow Growth		 21.69% -184.85% -8.34% -140.90% -19.39% 37.22% -74.97% 157.19% 45.97% - -400.84%
Free Cash Flow Firm Growth		 28.05% -243.49% -1,029.93% -400.40% -25.58% 75.70% -37.80% 48.79% 98.70% - 410.09%
Invested Capital Growth		 29.12% 493.96% 38.17% 67.50% 26.07% 21.62% 35.76% 19.87% 1.33% - -80.96%
Revenue Q/Q Growth		 36.48% -33.01% 19.22% 2.02% 35.55% -31.24% 1.91% 16.62% 2.16% - 5.65%
EBITDA Q/Q Growth		 57.05% -72.35% 104.11% 30.32% 15.63% -55.15% -24.67% -20.66% 42.82% - -41.01%
EBIT Q/Q Growth		 58.94% -73.30% 107.59% 32.79% 15.57% -55.90% -27.02% -22.92% 37.01% - -46.11%
NOPAT Q/Q Growth		 60.75% -75.54% 107.17% 35.88% 23.40% -61.04% -23.27% -27.64% 37.39% - -230.14%
Net Income Q/Q Growth		 74.42% -75.42% 112.67% 43.44% 29.39% -70.12% -30.03% -15.77% -104.01% - -104.21%
EPS Q/Q Growth		 73.04% -77.21% 128.87% 46.40% 27.90% -71.29% -32.12% -18.11% -128.64% - -117.56%
Operating Cash Flow Q/Q Growth		 -36.32% -161.95% 200.11% -203.57% 225.51% -148.24% 139.91% 136.65% 220.33% - -147.63%
Free Cash Flow Firm Q/Q Growth		 -87.22% -413.83% 69.47% -70.39% 53.02% 0.58% -73.13% 36.68% 98.80% - 796.39%
Invested Capital Q/Q Growth		 37.02% 6.67% 0.05% 14.55% 3.13% 2.91% 11.67% 1.14% -12.82% - -81.37%
Profitability Metrics		 - - - - - - - - - - -
Gross Margin		 25.27% 21.00% 21.89% 20.75% 21.47% 17.80% 17.51% 15.17% 14.08% - 16.76%
EBITDA Margin		 16.30% 6.73% 11.52% 14.71% 12.55% 8.19% 6.05% 4.12% 5.75% - 4.97%
Operating Margin		 16.11% 6.42% 11.18% 14.56% 12.41% 7.96% 5.70% 3.77% 5.05% - 4.09%
EBIT Margin		 16.11% 6.42% 11.18% 14.56% 12.41% 7.96% 5.70% 3.77% 5.05% - 4.09%
Profit (Net Income) Margin		 10.97% 4.02% 7.18% 10.09% 9.63% 4.19% 2.87% 2.08% -0.08% - -0.13%
Tax Burden Percent		 80.13% 73.41% 73.26% 74.97% 80.05% 70.72% 74.35% 69.81% 16.24% - -259.29%
Interest Burden Percent		 84.94% 85.33% 87.59% 92.47% 96.95% 74.35% 67.81% 78.93% -9.94% - 1.24%
Effective Tax Rate		 19.87% 26.59% 26.74% 25.03% 19.95% 29.28% 25.65% 30.19% 0.00% - 275.52%
Return on Invested Capital (ROIC)		 19.44% 10.40% 12.26% 15.78% 12.80% 7.12% 5.00% 2.98% 4.02% - -11.77%
ROIC Less NNEP Spread (ROIC-NNEP)		 18.16% 9.87% 11.73% 15.36% 12.62% 6.56% 4.50% 2.76% 2.38% - -6.85%
Return on Net Nonoperating Assets (RNNOA)		 50.74% 15.44% 29.62% 36.81% 29.96% 15.99% 11.41% 7.18% 5.26% - -7.93%
Return on Equity (ROE)		 70.18% 25.83% 41.88% 52.59% 42.77% 23.11% 16.41% 10.16% 9.28% - -19.71%
Cash Return on Invested Capital (CROIC)		 -10.77% -121.94% -19.40% -38.15% -11.80% -8.31% -20.92% -11.34% 3.33% - 142.66%
Operating Return on Assets (OROA)		 17.57% 13.21% 13.23% 17.18% 14.63% 10.07% 7.17% 4.58% 5.74% - 4.43%
Return on Assets (ROA)		 11.96% 8.28% 8.49% 11.91% 11.35% 5.30% 3.61% 2.52% -0.09% - -0.14%
Return on Common Equity (ROCE)		 50.49% 18.86% 31.35% 40.59% 34.39% 18.70% 13.38% 8.37% 7.74% - -16.44%
Return on Equity Simple (ROE_SIMPLE)		 0.00% 34.77% 35.20% 34.82% 0.00% 30.35% 26.23% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)		 115 28 58 79 97 38 29 21 29 37 -48
NOPAT Margin		 12.91% 4.71% 8.19% 10.91% 9.93% 5.63% 4.24% 2.63% 3.54% - -7.18%
Net Nonoperating Expense Percent (NNEP)		 1.28% 0.52% 0.53% 0.42% 0.18% 0.56% 0.50% 0.22% 1.64% - -4.93%
Return On Investment Capital (ROIC_SIMPLE)		 19.68% 4.61% - - 12.16% 4.67% 3.55% 2.52% 3.48% 4.39% -5.79%
Cost of Revenue to Revenue		 74.73% 79.00% 78.11% 79.25% 78.53% 82.20% 82.49% 84.83% 85.92% - 83.24%
SG&A Expenses to Revenue		 9.10% 14.49% 11.15% 12.38% 8.95% 12.91% 11.74% 11.34% 11.19% - 12.58%
R&D to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue		 9.16% 14.58% 10.71% 6.19% 9.06% 9.85% 11.81% 11.40% 9.03% - 12.67%
Earnings before Interest and Taxes (EBIT)		 143 38 79 105 122 54 39 30 41 51 27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 145 40 82 106 123 55 42 33 47 56 33
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 0.95 2.18 1.76 2.21 1.60 1.19 0.84 0.99 1.02 - 0.97
Price to Tangible Book Value (P/TBV)		 0.95 2.18 1.76 2.21 1.60 1.19 0.84 0.99 1.02 - 1.01
Price to Revenue (P/Rev)		 0.15 0.36 0.32 0.43 0.35 0.26 0.19 0.22 0.24 - 0.23
Price to Earnings (P/E)		 1.79 4.23 2.73 3.61 3.79 2.79 2.23 3.41 6.49 - 8.40
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
Earnings Yield		 55.72% 23.65% 36.57% 27.73% 26.39% 35.87% 44.86% 29.35% 15.41% - 11.90%
Enterprise Value to Invested Capital (EV/IC)		 0.01 0.39 0.32 0.45 0.32 0.25 0.15 0.15 0.15 - 0.59
Enterprise Value to Revenue (EV/Rev)		 0.01 0.30 0.24 0.39 0.28 0.21 0.14 0.14 0.13 - 0.12
Enterprise Value to EBITDA (EV/EBITDA)		 0.05 2.49 2.19 3.42 2.40 1.81 1.36 1.79 2.23 - 1.88
Enterprise Value to EBIT (EV/EBIT)		 0.06 2.57 2.25 3.50 2.44 1.84 1.38 1.84 2.40 - 2.12
Enterprise Value to NOPAT (EV/NOPAT)		 0.07 3.29 2.90 4.58 3.20 2.42 1.81 2.42 3.24 - 2.85
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.04 2.29 1.88 22.04 35.55 11.66 0.00 3.34 2.10 - 1.14
Enterprise Value to Free Cash Flow (EV/FCFF)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 4.53 - 0.13
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to Equity		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Financial Leverage		 2.79 1.56 2.52 2.40 2.37 2.44 2.54 2.60 2.21 - 1.16
Leverage Ratio		 5.24 2.75 4.46 4.16 3.69 3.44 3.32 3.36 3.21 - 3.27
Compound Leverage Factor		 4.45 2.34 3.91 3.85 3.58 2.55 2.25 2.65 -0.32 - 0.04
Debt to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.00%
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%
Long-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%
Preferred Equity to Total Capital		 23.26% 22.29% 20.91% 19.24% 16.91% 16.67% 16.49% 16.20% 16.28% - 16.35%
Noncontrolling Interests to Total Capital		 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% - 0.33%
Common Equity to Total Capital		 76.74% 77.71% 79.09% 80.76% 83.10% 83.33% 83.51% 83.80% 83.72% - 83.32%
Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to EBITDA		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Net Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Long-Term Debt to NOPAT		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Altman Z-Score		 2.24 2.42 2.48 2.56 2.60 2.50 1.72 1.79 2.40 - 1.68
Noncontrolling Interest Sharing Ratio		 28.05% 26.99% 25.14% 22.82% 19.58% 19.08% 18.44% 17.59% 16.59% - 16.58%
Liquidity Ratios		 - - - - - - - - - - -
Current Ratio		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Quick Ratio		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 -351 -1,802 -550 -937 -440 -438 -758 -480 -5.74 -341 2,372
Operating Cash Flow to CapEx		 3,490.67% -1,648.53% 2,557.49% -2,561.28% 2,929.29% -1,993.54% 392.73% 753.37% 3,520.17% - 0.00%
Free Cash Flow to Firm to Interest Expense		 -10.78 -198.45 -61.33 -149.69 -86.86 -46.01 -86.67 -67.14 -0.13 - 189.89
Operating Cash Flow to Interest Expense		 4.42 -9.80 9.93 -14.74 22.85 -5.87 2.55 7.38 3.92 - -5.37
Operating Cash Flow Less CapEx to Interest Expense		 4.29 -10.40 9.55 -15.31 22.07 -6.17 1.90 6.40 3.81 - -5.31
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 1.09 2.06 1.18 1.18 1.18 1.27 1.26 1.21 1.14 - 1.08
Accounts Receivable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Inventory Turnover		 2.58 0.00 2.55 2.38 1.58 1.56 2.92 2.59 1.52 - 7.74
Fixed Asset Turnover		 92.23 86.52 84.08 80.29 77.67 74.99 70.14 67.69 63.39 - 56.26
Accounts Payable Turnover		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Sales Outstanding (DSO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Days Inventory Outstanding (DIO)		 141.70 0.00 143.21 153.67 231.06 233.25 124.89 140.70 239.42 - 47.15
Days Payable Outstanding (DPO)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 - 0.00
Cash Conversion Cycle (CCC)		 141.70 0.00 143.21 153.67 231.06 233.25 124.89 140.70 239.42 - 47.15
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 2,063 2,200 2,201 2,522 2,601 2,676 2,989 3,023 2,635 3,054 569
Invested Capital Turnover		 1.51 2.21 1.50 1.45 1.29 1.27 1.18 1.13 1.14 - 1.64
Increase / (Decrease) in Invested Capital		 465 1,830 608 1,016 538 476 787 501 35 377 -2,420
Enterprise Value (EV)		 18 863 695 1,135 840 662 442 451 395 - 336
Market Capitalization		 423 1,030 901 1,258 1,066 802 574 693 708 - 668
Book Value per Share		 $73.25 $72.63 $83.95 $94.80 $109.84 $111.66 $115.63 $120.74 $118.06 $117.67 $116.13
Tangible Book Value per Share		 $73.25 $72.63 $83.95 $94.80 $109.84 $111.66 $115.63 $120.74 $118.06 $112.34 $110.79
Total Capital		 582 607 647 703 800 811 820 835 831 838 828
Total Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Long-Term Debt		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt		 -540 -302 -341 -258 -361 -275 -266 -377 -449 -496 -469
Capital Expenditures (CapEx)		 4.12 5.40 3.48 3.60 3.95 2.80 5.68 7.01 4.80 8.74 -0.81
Debt-free, Cash-free Net Working Capital (DFCFNWC)		 1,419 1,532 1,490 1,729 1,727 1,746 352 414 1,727 439 489
Debt-free Net Working Capital (DFNWC)		 1,862 1,723 1,680 1,861 1,945 1,848 435 572 2,013 789 810
Net Working Capital (NWC)		 1,862 1,723 1,680 1,861 1,945 1,848 435 572 2,013 789 810
Net Nonoperating Expense (NNE)		 17 4.11 7.20 5.94 2.97 9.72 9.36 4.43 30 16 -47
Net Nonoperating Obligations (NNO)		 1,481 1,593 1,554 1,818 1,800 1,865 2,168 2,187 1,804 2,216 -259
Total Depreciation and Amortization (D&A)		 1.66 1.81 2.37 1.13 1.38 1.53 2.41 2.80 5.75 5.65 5.92
Debt-free, Cash-free Net Working Capital to Revenue		 51.49% 54.03% 52.47% 59.37% 57.48% 56.60% 11.49% 13.17% 57.99% - 16.77%
Debt-free Net Working Capital to Revenue		 67.55% 60.79% 59.17% 63.89% 64.73% 59.93% 14.20% 18.22% 67.57% - 27.76%
Net Working Capital to Revenue		 67.55% 60.79% 59.17% 63.89% 64.73% 59.93% 14.20% 18.22% 67.57% - 27.76%
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $13.79 $3.11 $7.12 $10.61 $13.56 $3.88 $2.64 $2.14 ($0.71) $2.80 ($0.46)
Adjusted Weighted Average Basic Shares Outstanding		 6.23M 6.50M 6.46M 6.47M 6.48M 6.52M 6.41M 6.40M 6.45M 6.49M 6.42M
Adjusted Diluted Earnings per Share		 $12.77 $2.91 $6.66 $9.75 $12.47 $3.58 $2.43 $1.99 ($0.57) $2.62 ($0.46)
Adjusted Weighted Average Diluted Shares Outstanding		 6.67M 6.94M 6.90M 7.05M 7.01M 7.07M 6.95M 6.89M 6.89M 6.95M 6.42M
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		 6.10M 6.10M 5.99M 6.05M 6.06M 5.92M 5.80M 5.89M 5.95M 5.94M 5.86M
Normalized Net Operating Profit after Tax (NOPAT)		 115 28 58 79 97 38 29 21 29 39 19
Normalized NOPAT Margin		 12.91% 4.71% 8.19% 10.91% 9.93% 5.63% 4.24% 2.63% 3.54% - 2.86%
Pre Tax Income Margin		 13.69% 5.48% 9.80% 13.46% 12.03% 5.92% 3.86% 2.97% -0.50% - 0.05%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 4.39 4.20 8.83 16.80 23.98 5.63 4.47 4.22 0.96 - 2.19
NOPAT to Interest Expense		 3.52 3.09 6.47 12.59 19.19 3.98 3.33 2.94 0.67 - -3.84
EBIT Less CapEx to Interest Expense		 4.27 3.61 8.44 16.22 23.20 5.34 3.82 3.24 0.85 - 2.25
NOPAT Less CapEx to Interest Expense		 3.39 2.49 6.08 12.02 18.41 3.69 2.68 1.96 0.56 - -3.77
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 5.18% 5.06% 4.69% 4.36% 4.41% 4.33% 4.96% 6.72% 16.71% - 29.71%
Augmented Payout Ratio		 7.52% 5.06% 11.34% 15.19% 15.37% 22.43% 24.38% 25.78% 64.07% - 80.91%

Financials Breakdown Chart

Key Financial Trends

Hovnanian Enterprises (NYSE: HOV) continued to post solid profitability in fiscal Q1 2026, but the latest quarter also showed signs that the company is leaning more heavily on financing and balance sheet flexibility to support its operations. Revenue dipped sequentially from the prior quarter, while margins held up reasonably well and cash generation remained strong.

For the quarter ended January 31, 2026, Hovnanian reported revenue of $631.9 million and net income attributable to common shareholders of $31.4 million, or $2.62 diluted EPS. That was down from the very strong Q4 2025, but still indicates the company remained profitable even as activity moderated. Operating income was $50.7 million, and operating cash flow was a healthy $140.9 million.

Over the last four years, the trend is mixed: Hovnanian has generally delivered strong earnings in the housing cycle, but results have been volatile quarter to quarter. Cash flow has also swung meaningfully, and the company continues to carry a sizable debt load alongside substantial deferred tax and other noncurrent liabilities.

  • Strong operating cash flow in Q1 2026: Hovnanian generated $140.9 million from operations, showing the business still converts earnings into cash.
  • Profitability remained intact: The company posted $31.4 million in common shareholder profit and $2.62 diluted EPS in the latest quarter.
  • Gross margin stayed positive: Gross profit of $105.7 million on $632.0 million in revenue suggests the company continues to earn a solid spread on home sales.
  • Cash balance improved materially: Cash and equivalents rose to $339.9 million at January 31, 2026, up sharply from $146.6 million at the end of Q3 2025.
  • Debt was reduced during the quarter: Hovnanian repaid $51.8 million of debt in Q1 2026, which is supportive for long-term financial flexibility.
  • Equity base remains positive: Total equity and noncontrolling interests were $837.6 million, giving the company a meaningful book equity cushion.
  • Revenue declined sequentially: Quarterly revenue fell from $817.9 million in Q4 2025 to $631.9 million in Q1 2026, suggesting a slower sales environment.
  • Interest costs remain a major drag: Interest expense was $12.2 million in Q1 2026, and the company remains sensitive to financing costs.
  • Liabilities remain large: Total liabilities were $1.90 billion versus $837.6 million of equity, highlighting leverage risk.
  • Balance sheet structure is heavily reliant on noncurrent items: The company carries substantial deferred/refundable income taxes and other noncurrent operating assets/liabilities, which makes the balance sheet more complex and less straightforward for retail investors to assess.

Looking at the longer trend, Hovnanian’s business has been highly cyclical but profitable across much of the last several years. In 2024 and 2025, revenue generally stayed strong and earnings were often robust, though quarters could vary significantly. For example, Q4 2024 delivered very high earnings and operating income, while Q1 2025 was much softer due to a sharp drop in operating cash flow and a large negative change in operating capital. More recently, Q4 2025 rebounded, and Q1 2026 remained profitable even with lower sequential revenue.

Bottom line: Hovnanian enters 2026 with solid earnings power and strong liquidity, but investors should not ignore the company’s leverage and the volatility in both earnings and cash flow. The stock may continue to track the housing cycle closely, making quarterly execution and borrowing costs especially important.

06/15/26 12:16 PM ETAI Generated. May Contain Errors.

Hovnanian Enterprises, Inc. PFD DEP1/1000A Financials - Frequently Asked Questions

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 2025 ended on October 31, 2025.

Hovnanian Enterprises, Inc. PFD DEP1/1000A's net income appears to be on an upward trend, with a most recent value of $63.87 million in 2025, falling from -$16.10 million in 2015. The previous period was $242.01 million in 2024.

Hovnanian Enterprises, Inc. PFD DEP1/1000A's total operating income in 2025 was $164.21 million, based on the following breakdown:
  • Total Gross Profit: $476.67 million
  • Total Operating Expenses: $312.47 million

Over the last 10 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's total revenue changed from $2.15 billion in 2015 to $2.98 billion in 2025, a change of 38.6%.

Hovnanian Enterprises, Inc. PFD DEP1/1000A's total liabilities were at $1.80 billion at the end of 2025, a 0.1% decrease from 2024, and a 34.0% decrease since 2015.

In the past 10 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's cash and equivalents has ranged from $182.27 million in 2019 to $533.99 million in 2015, and is currently $272.77 million as of their latest financial filing in 2025.

Over the last 10 years, Hovnanian Enterprises, Inc. PFD DEP1/1000A's book value per share changed from -1.80 in 2015 to 118.06 in 2025, a change of -6,667.7%.


Related Companies

Financial statements for NASDAQ:HOVNP last updated on 6/11/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
From Our Partners
The 1934 playbook
In 1934, a legal government maneuver transferred billions in wealth overnight. Most Americans never saw it com...
American Alternative | Sponsoredtc pixel
Trump's gold order: the announcement they won't put on the front page
On August 15, 1971, Nixon interrupted prime-time television and ended the gold standard in 15 minutes - no deb...
Reagan Gold Group | Sponsoredtc pixel
Louis Navellier: My #1 AI stock for 2026 (name & ticker inside)
Louis Navellier's Stock Grader system helped him flag Nvidia before its 82,000% run and has identified the top...
InvestorPlace | Sponsoredtc pixel
Trump Takes Emergency Action - Plus Elon Musk's New Venture
Elon Musk has quietly launched a new venture - one that has nothing to do with rockets, EVs, or Neuralink. Tru...
Altimetry | Sponsoredtc pixel
Is SpaceX really worth 1.78 Trillion?
With SpaceX approaching a near-$2 trillion valuation, most investors are focused on the IPO itself - but analy...
InvestPub | Sponsoredtc pixel
Hey, it's Jon Najarian. The SpaceX IPO is right around the corner. But I discovered Elon may have something BIGGER planned. Check this out before June 9th...
After being invited to the SpaceX launch headquarters in Cape Canaveral from one of Elon's top lobbyists… Hall...
Banyan Hill Publishing | Sponsoredtc pixel
CODE RED: AI Meltdown Imminent?
After correctly predicting the 2008 and 2020 stock market meltdowns, I believe this AI company is about to tri...
Paradigm Press | Sponsoredtc pixel
SpaceX is chump change compared to Elon’s $20T ‘iPhone’
Early Apple investors saw peak gains as high as 7,537% after the iPhone launched. Now, multiple insider source...
StocksToTrade | Sponsoredtc pixel