What is Hovnanian Enterprises, Inc.'s earnings per share (EPS)?

Hovnanian Enterprises, Inc. (HOV) reported diluted earnings per share of $7.43 for fiscal year 2025. This represents a -76.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hovnanian Enterprises, Inc. (HOV) Financials

HOV

Trailing 12 months to July 31, 2026

Revenue $2.8B -10.1% YoY

Net Income $18.1M -88.6% YoY

EPS (Diluted) $0.95 -95.4% YoY

Free Cash Flow $197.8M +74.1% YoY

Market Cap $692.5M as of Oct 3, 2026

Price / Sales 0.2x on $2.8B revenue, trailing 12 months to July 31, 2026

Price / Earnings 38.2x on $18.1M net income, trailing 12 months to July 31, 2026

Price / Book 0.8x on $818.7M equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jul 31, 2026 Reported Aug 28, 2026 Currency USD FYE October

Newest figures come from the 10-Q for Q3 FY2026, filed Aug 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HOV SEC filings page.

Hovnanian Enterprises, Inc. (HOV) reported $2.8B in revenue over the twelve months to Jul 31, 2026, down 10.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HOV FY2025 2026-10-03

Nearly flat sales still produced a sharp FY2025 earnings drop, while cash generation recovered and leverage continued moving lower.

In FY2025, operating cash flow of $188.3M exceeded net income of $63.9M, indicating that reported earnings understated cash produced. That reverses FY2024, when operating cash flow was only $23.6M against $242.0M of earnings, pointing to a major working-capital or other operating-timing swing.

The balance sheet has become less debt-dependent: debt-to-equity fell from 1.8x in FY2023 to 1.1x in FY2025. By FY2025, equity was $830.9M while total liabilities stayed around $1.8B, so the lower ratio reflects a stronger capital base as well as reduced debt.

Free cash flow recovered to $166.2M in FY2025 from $5.8M in FY2024, even as capital expenditures increased to $22.1M. This makes the cash rebound look driven by cash-flow mechanics rather than simply deferred investment, while weaker margins show cash and accounting profit are not moving together.

Financial Health Signals

Financial health score not available

Hovnanian Enterprises, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/6

Hovnanian Enterprises, Inc. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

2.95x

For every $1 of reported earnings, Hovnanian Enterprises, Inc. generates $2.95 in operating cash flow ($188.3M OCF vs $63.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$705.7M

YoY-11.8%

QoQ+5.7%

5Y CAGR+0.4%

10Y CAGR-0.2%

Hovnanian Enterprises, Inc. generated $705.7M in revenue in Q3 2026. This represents a decrease of 11.8% from the same quarter a year earlier. Against the prior quarter it is up 5.7%.

Net Income

-$1.8M

YoY-110.8%

QoQ-534.2%

Hovnanian Enterprises, Inc. reported -$1.8M in net income in Q3 2026. This represents a decrease of 110.8% from the same quarter a year earlier. Against the prior quarter it is down 534.2%.

EPS (Diluted)

-$0.70

Hovnanian Enterprises, Inc. earned -$0.70 per diluted share (EPS) in Q3 2026.

EBITDA

Not reported for Q3 2026.

Cash & Balance Sheet

Free Cash Flow

-$27.9M

YoY-160.9%

QoQ+60.4%

Hovnanian Enterprises, Inc. recorded an outflow of $27.9M in free cash flow in Q3 2026, representing a cash shortfall after capex. This represents a decrease of 160.9% from the same quarter a year earlier. Against the prior quarter it is up 60.4%.

Cash & Debt

Debt $902.5M

YoY+4.7%

QoQ+0.1%

5Y CAGR-7.3%

Hovnanian Enterprises, Inc. carried $902.5M in long-term debt as of Q3 2026; cash and equivalents are not reported for that period.

Shares Outstanding

Diluted avg 6M

Hovnanian Enterprises, Inc. had a weighted average of 6M diluted shares in Q3 2026; the shares outstanding count is not reported for that period.

Dividends Per Share

Not reported for Q3 2026.

Margins & Returns

Net Margin

-0.3%

YoY-2.3pp

QoQ-0.2pp

5Y change-7.2pp

10Y change-0.2pp

Hovnanian Enterprises, Inc.'s net profit margin was -0.3% in Q3 2026, showing the share of revenue converted to profit. This is down 2.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Return on Equity

-0.2%

YoY-2.2pp

QoQ-0.2pp

5Y change-39.9pp

Hovnanian Enterprises, Inc.'s ROE was -0.2% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is down 2.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.2 percentage points.

Gross Margin

Not reported for Q3 2026.

Operating Margin

Not reported for Q3 2026.

Capital Allocation

Share Buybacks

$78K

YoY-17.0%

QoQ-99.2%

Hovnanian Enterprises, Inc. spent $78K on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 17.0% from the same quarter a year earlier. Against the prior quarter it is down 99.2%.

Capital Expenditures

$3.8M

YoY-45.2%

QoQ+14.5%

5Y CAGR+21.9%

10Y CAGR+1.1%

Hovnanian Enterprises, Inc. invested $3.8M in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 45.2% from the same quarter a year earlier. Against the prior quarter it is up 14.5%.

R&D Spending

Not reported for Q3 2026.

HOV Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HOV quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$2.8B	$3.0B-0.9%	$3.0B+9.0%	$2.8B-5.7%	$2.9B+5.0%	$2.8B+18.7%	$2.3B+16.2%	$2.0B+1.3%	$2.0B-18.8%	$2.5B-10.9%	$2.8B+28.1%	$2.1B+4.1%	$2.1B+11.5%	$1.9B+24.6%	$1.5B+30.9%	$1.1B
Interest Expense	N/A	N/A	$120.7M-10.5%	$134.9M+1.9%	$132.4M-18.2%	$161.8M-9.2%	$178.1M+10.5%	$161.1M-1.8%	$164.1M-11.4%	$185.2M+1.4%	$182.6M+21.4%	$150.4M+6.5%	$141.2M-2.0%	$144.1M-5.8%	$153.0M-11.2%	$172.2M
Income Tax	$4.8M	$22.2M-70.4%	$75.1M+50.0%	$50.1M-46.9%	$94.3M+122.6%	-$418.0M-9439.8%	$4.5M+82.7%	$2.4M-32.5%	$3.6M-98.7%	$286.9M+5360.5%	$5.3M+192.8%	-$5.7M+98.0%	-$287.0M-2965.9%	-$9.4M+73.3%	-$35.1M-537.2%	-$5.5M
Net Income	$18.1M	$63.9M-73.6%	$242.0M+17.5%	$205.9M-8.7%	$225.5M-62.9%	$607.8M+1093.5%	$50.9M+220.9%	-$42.1M-1031.8%	$4.5M+101.4%	-$332.2M-11684.1%	-$2.8M+82.5%	-$16.1M-105.2%	$307.1M+881.4%	$31.3M+147.3%	-$66.2M+76.9%	-$286.1M
EPS (Basic)	N/A	$7.95-76.9%	$34.40+19.6%	$28.76-5.1%	$30.31-65.4%	$87.50+1069.8%	$7.48+205.9%	-$7.06-1067.1%	$0.73+101.3%	-$56.23-281050.0%	-$0.02+81.8%	-$0.11-105.4%	$2.05+831.8%	$0.22+142.3%	-$0.52+81.8%	-$2.85
EPS (Diluted)	$0.95	$7.43-76.6%	$31.79+18.3%	$26.88-7.3%	$29.00-66.2%	$85.86+1121.3%	$7.03+199.6%	-$7.06-1080.6%	$0.72+101.3%	-$56.23	-$0.02+81.8%	-$0.11-105.9%	$1.87+750.0%	$0.22+142.3%	-$0.52+81.8%	-$2.85
Diluted Shares (Avg)	N/A	7M-1.6%	7M+5.1%	7M-0.9%	7M+5.2%	6M-2.9%	7M+10.3%	6M-1.7%	6M+2.8%	6M	147M+0.4%	147M+90332.2%	162,441-99.9%	162M+28.5%	126M+125691.5%	100,444

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$705.7M-11.8%	$667.6M-2.7%	$632.0M-6.2%	$817.9M-16.5%	$800.6M+10.8%	$686.5M-3.1%	$673.6M+13.4%	$979.6M+10.4%
Income Tax	-$560K-107.8%	$934K-86.3%	$7.8M-32.8%	-$3.4M-114.6%	$7.2M-70.5%	$6.8M-63.3%	$11.7M+34.8%	$23.5M-2.5%
Net Income	-$1.8M-110.8%	-$284K-101.4%	$20.9M-26.0%	-$667K-100.7%	$16.6M-77.2%	$19.7M-61.2%	$28.2M+17.9%	$94.3M-3.0%
EPS (Basic)	-$0.70-132.7%	-$0.46-117.4%	$2.80-27.8%	-$0.60-104.4%	$2.14-79.8%	$2.64-62.9%	$3.88+24.8%	$13.55-1.7%
EPS (Diluted)	-$0.70	-$0.46	$2.62-26.8%	-$0.51	$1.99-79.6%	$2.43-63.5%	$3.58+23.0%	$12.64-2.1%
Diluted Shares (Avg)	6M	6M	7M-1.7%	N/A	7M-2.3%	7M+0.7%	7M+1.9%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense.

HOV Balance Sheet

HOV quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.6B+1.1%	$2.6B+4.5%	$2.5B-2.7%	$2.6B+10.4%	$2.3B+27.0%	$1.8B-2.9%	$1.9B+13.2%	$1.7B-12.6%	$1.9B-19.3%	$2.4B-9.5%	$2.6B+13.6%	$2.3B+30.2%	$1.8B+4.4%	$1.7B+5.1%	$1.6B
Cash & Equivalents	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$469.3M+35.3%	$346.8M+36.7%	$253.7M-3.1%	$261.9M-20.4%	$329.2M+20.5%	$273.2M+9.0%	$250.7M
Short-Term Investments	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$1.8B-0.1%	$1.8B-5.5%	$1.9B-12.3%	$2.2B+1.6%	$2.1B-5.2%	$2.3B-4.5%	$2.4B+12.1%	$2.1B-10.4%	$2.4B-4.9%	$2.5B-9.0%	$2.7B+13.4%	$2.4B+9.8%	$2.2B+1.0%	$2.2B+3.4%	$2.1B
Long-Term Debt	$900.7M+0.5%	$896.2M-14.8%	$1.1B-8.3%	$1.1B-8.2%	$1.2B-12.8%	$1.4B-3.3%	$1.5B+2.8%	$1.4B-10.6%	$1.6B+0.2%	$1.6B-13.6%	$1.9B+11.3%	$1.7B+8.2%	$1.5B-0.9%	$1.6B	N/A
Total Equity	$830.9M+3.8%	$800.3M+37.6%	$581.7M+51.9%	$383.0M+119.0%	$174.9M+140.0%	-$436.9M+10.9%	-$490.5M-8.1%	-$453.5M+1.5%	-$460.4M-258.2%	-$128.5M-0.3%	-$128.1M-8.7%	-$117.8M+72.8%	-$432.8M+10.9%	-$485.6M+2.2%	-$496.7M
Retained Earnings	$127.3M+71.7%	$74.1M+147.2%	-$157.2M+55.4%	-$352.4M+37.9%	-$567.2M+51.7%	-$1.2B+4.2%	-$1.2B-3.6%	-$1.2B+0.4%	-$1.2B-38.8%	-$856.2M-0.3%	-$853.4M-1.9%	-$837.3M+26.8%	-$1.1B+2.7%	-$1.2B-6.0%	-$1.1B

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$2.9B+8.8%	$2.8B+10.8%	$2.7B+8.0%	$2.6B+1.1%	$2.6B+3.5%	$2.6B+10.2%	$2.5B+8.2%	$2.6B+4.5%
Total Liabilities	$2.0B+13.7%	$2.0B+15.5%	$1.9B+10.2%	$1.8B-0.1%	$1.8B-2.3%	$1.7B+3.7%	$1.7B-0.7%	$1.8B-5.5%
Long-Term Debt	$902.5M+4.7%	$901.9M+4.4%	$901.3M+0.9%	$900.7M+0.5%	$861.9M-4.1%	$864.3M-7.4%	$893.7M-4.4%	$896.2M-14.8%
Total Equity	$818.7M-2.0%	$824.9M+0.6%	$835.7M+3.0%	$830.9M+3.8%	$835.4M+18.8%	$820.4M+26.8%	$811.4M+33.7%	$800.3M+37.6%
Retained Earnings	$138.1M+5.7%	$142.6M+22.1%	$145.5M+46.0%	$127.3M+71.7%	$130.7M+844.7%	$116.7M+232.9%	$99.7M+173.3%	$74.1M+147.2%

Not reported in any period shown, so not listed: Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Current Liabilities, Non-Current Liabilities.

HOV Cash Flow Statement

HOV quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$218.8M	$188.3M+696.4%	$23.6M-94.6%	$435.3M+386.5%	$89.5M-57.4%	$210.2M-28.2%	$292.8M+217.5%	-$249.1M-272.8%	-$66.8M-122.2%	$301.6M-22.1%	$387.0M+220.7%	-$320.5M-68.2%	-$190.6M-2156.4%	$9.3M+113.8%	-$67.0M+67.7%	-$207.4M
Depreciation & Amortization	N/A	$13.9M+79.3%	$7.7M-12.1%	$8.8M+61.2%	$5.5M+3.4%	$5.3M-0.5%	$5.3M+27.1%	$4.2M+32.2%	$3.2M-25.7%	$4.2M+19.2%	$3.6M+5.2%	$3.4M-0.8%	$3.4M-27.5%	$4.7M-24.3%	$6.2M-33.4%	$9.3M
Stock-Based Compensation	N/A	$16.7M-34.0%	$25.3M+77.6%	$14.2M+38.4%	$10.3M+34.0%	$7.7M+175.9%	$2.8M+285.4%	$721K-80.3%	$3.7M+558.7%	$557K-80.9%	$2.9M-66.9%	$8.8M-14.2%	$10.3M+50.2%	$6.8M+6.0%	$6.5M+3.8%	$6.2M
Capital Expenditures	$21.1M	$22.1M+23.7%	$17.9M-5.1%	$18.8M+49.5%	$12.6M+111.9%	$5.9M+75.8%	$3.4M-15.6%	$4.0M-22.9%	$5.2M-19.8%	$6.5M-19.1%	$8.0M+289.8%	$2.1M-40.0%	$3.4M+119.7%	$1.6M-69.2%	$5.1M+512.5%	$826K
Free Cash Flow	$197.8M	$166.2M+2774.6%	$5.8M-98.6%	$416.5M+441.7%	$76.9M-62.4%	$204.3M-29.4%	$289.4M+214.3%	-$253.1M-251.5%	-$72.0M-124.4%	$295.1M-22.1%	$379.0M+217.5%	-$322.6M-66.3%	-$194.0M-2616.3%	$7.7M+110.7%	-$72.1M+65.4%	-$208.2M
Investing Cash Flow	-$43.7M	-$66.0M-42.0%	-$46.5M+40.6%	-$78.2M-3535.5%	-$2.2M-123.9%	$9.0M+320.4%	$2.1M+125.8%	-$8.3M-123.4%	$35.5M+219.5%	-$29.7M+42.7%	-$51.9M-2198.9%	$2.5M+117.5%	-$14.2M-146.7%	$30.3M+2119.0%	-$1.5M-225.5%	$1.2M
Financing Cash Flow	-$79.0M	-$70.4M+62.5%	-$187.9M+28.2%	-$261.7M-1484.2%	-$16.5M+92.4%	-$217.3M-29.5%	-$167.8M-181.2%	$206.7M+190.1%	-$229.4M-55.2%	-$147.8M+39.8%	-$245.7M-179.3%	$309.9M+125.5%	$137.4M+737.0%	$16.4M-82.0%	$91.0M+1.3%	$89.8M
Dividends Paid	N/A	$10.7M0.0%	$10.7M0.0%	$10.7M0.0%	$10.7M	$0	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$18.4M	$30.2M+14.0%	$26.5M+452.7%	$4.8M-60.7%	$12.2M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$103K	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	-$24.0M-145.5%	-$67.1M-400.8%	$140.9M+352.1%	$169.1M+46.0%	$52.8M+157.2%	$22.3M-75.0%	-$55.9M+37.2%	$115.8M-19.4%
Depreciation & Amortization	$3.7M+16.6%	$3.5M+17.2%	$3.3M+42.3%	$5.3M+160.8%	$3.2M+54.4%	$3.0M+50.1%	$2.3M+43.8%	$2.1M+30.2%
Stock-Based Compensation	$5.5M-11.3%	$1.8M-57.1%	$1.6M-56.7%	N/A	$6.2M-32.6%	$4.2M-39.1%	$3.6M-10.4%	N/A
Capital Expenditures	$3.8M-45.2%	$3.4M-46.9%	$8.8M+137.9%	$5.1M+15.0%	$7.0M+97.2%	$6.3M+42.3%	$3.7M-32.3%	$4.4M-21.3%
Free Cash Flow	-$27.9M-160.9%	-$70.5M-540.8%	$132.1M+321.8%	$164.0M+47.2%	$45.8M+147.8%	$16.0M-81.1%	-$59.6M+36.9%	$111.4M-19.3%
Investing Cash Flow	-$7.1M+74.5%	-$2.1M+72.7%	-$29.1M-16.2%	-$5.4M+13.0%	-$27.7M-794.6%	-$7.9M+76.2%	-$25.1M-508.3%	-$6.2M-3531.7%
Financing Cash Flow	-$28.3M-156.1%	$41.8M+206.1%	-$52.6M-26.6%	-$39.9M-49.0%	$50.5M+4.5%	-$39.4M+37.6%	-$41.6M+71.6%	-$26.8M+20.6%
Dividends Paid	N/A	N/A	N/A	$2.7M0.0%	$2.7M0.0%	$2.7M0.0%	N/A	$2.7M0.0%
Share Buybacks	-$78K-17.0%	$9.5M-22.7%	$9.0M-50.1%	-$58K+427.3%	-$94K-99.2%	$12.3M-18.5%	$18.1M	-$11K

HOV Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HOV quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	2.1%-5.9pp	8.1%+0.6pp	7.5%-0.3pp	7.7%-14.1pp	21.8%+19.7pp	2.2%+4.3pp	-2.1%-2.3pp	0.2%+13.8pp	-13.6%-13.5pp	-0.1%+0.7pp	-0.8%-15.6pp	14.9%+13.2pp	1.7%+6.2pp	-4.5%+20.8pp	-25.2%
Return on Equity	7.7%-22.6pp	30.2%-5.1pp	35.4%-23.5pp	58.9%-288.7pp	347.5%	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	2.4%-6.9pp	9.3%+1.0pp	8.3%-0.5pp	8.8%-17.4pp	26.2%+23.4pp	2.8%+5.0pp	-2.2%-2.5pp	0.3%+17.8pp	-17.5%-17.4pp	-0.1%+0.5pp	-0.6%-14.0pp	13.4%+11.6pp	1.8%+5.7pp	-3.9%+13.9pp	-17.9%
Debt-to-Equity	1.080.0x	1.12-0.7x	1.81-1.2x	2.99-4.1x	7.14	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Asset Turnover	1.130.0x	1.150.0x	1.110.0x	1.14-0.1x	1.20-0.1x	1.28+0.2x	1.07-0.1x	1.20-0.1x	1.29+0.1x	1.17+0.3x	0.83-0.1x	0.90-0.2x	1.05+0.2x	0.88+0.2x	0.71
FCF Margin	5.6%+5.4pp	0.2%-14.9pp	15.1%+12.5pp	2.6%-4.7pp	7.3%-5.0pp	12.3%+24.9pp	-12.6%-8.9pp	-3.6%-15.7pp	12.0%-1.7pp	13.8%+28.8pp	-15.0%-5.6pp	-9.4%-9.8pp	0.4%+5.3pp	-4.9%+13.5pp	-18.4%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Net Margin	-0.3%-2.3pp	0.0%-2.9pp	3.3%-0.9pp	-0.1%-9.7pp	2.1%-8.0pp	2.9%-4.3pp	4.2%+0.2pp	9.6%-1.3pp
Return on Equity	-0.2%-2.2pp	0.0%-2.4pp	2.5%-1.0pp	-0.1%-11.9pp	2.0%-8.4pp	2.4%-5.5pp	3.5%-0.5pp	11.8%-4.9pp
Return on Assets	-0.1%-0.7pp	0.0%-0.8pp	0.8%-0.4pp	0.0%-3.7pp	0.6%-2.2pp	0.8%-1.4pp	1.1%+0.1pp	3.6%-0.3pp
Debt-to-Equity	1.10+0.1x	1.090.0x	1.080.0x	1.080.0x	1.03-0.2x	1.05-0.4x	1.10-0.4x	1.12-0.7x
Asset Turnover	0.25-0.1x	0.240.0x	0.230.0x	0.31-0.1x	0.300.0x	0.270.0x	0.270.0x	0.380.0x
FCF Margin	-4.0%-9.7pp	-10.5%-12.9pp	20.9%+29.8pp	20.1%+8.7pp	5.7%+19.0pp	2.3%-9.6pp	-8.8%+7.1pp	11.4%-4.2pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Hovnanian Enterprises, Inc. HOV	FY2025	$3.0B	$63.9M	2.1%	$692.5M	—
Beazer Homes USA, Inc. New BZH	FY2025	$2.4B	$45.6M	1.9%	$891.1M	27/100
Legacy Housing Corporation LEGH	FY2025	$164.6M	$41.8M	25.4%	$698.0M	69/100
LGI Homes, Inc. LGIH	FY2025	$1.7B	$72.6M	4.3%	$1.1B	13/100
Dream Finders Homes, Inc. DFH	FY2025	$4.3B	$217.4M	5.0%	$973.3M	21/100
United Homes Group, Inc UHG	FY2025	$406.7M	-$16.3M	-4.0%	$71.8M	15/100

Where Hovnanian Enterprises, Inc. Ranks

Frequently Asked Questions

What is Hovnanian Enterprises, Inc.'s annual revenue?

Hovnanian Enterprises, Inc. (HOV) reported $3.0B in total revenue for fiscal year 2025. This represents a -0.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hovnanian Enterprises, Inc.'s revenue growing?

Hovnanian Enterprises, Inc. (HOV) revenue declined by 0.9% year-over-year, from $3.0B to $3.0B in fiscal year 2025.

Is Hovnanian Enterprises, Inc. profitable?

Yes, Hovnanian Enterprises, Inc. (HOV) reported a net income of $63.9M in fiscal year 2025, with a net profit margin of 2.1%.

What is Hovnanian Enterprises, Inc.'s net profit margin?

Hovnanian Enterprises, Inc. (HOV) had a net profit margin of 2.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hovnanian Enterprises, Inc.'s return on equity (ROE)?

Hovnanian Enterprises, Inc. (HOV) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hovnanian Enterprises, Inc.'s free cash flow?

Hovnanian Enterprises, Inc. (HOV) generated $166.2M in free cash flow during fiscal year 2025. This represents a 2774.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hovnanian Enterprises, Inc.'s operating cash flow?

Hovnanian Enterprises, Inc. (HOV) generated $188.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hovnanian Enterprises, Inc.'s total assets?

Hovnanian Enterprises, Inc. (HOV) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Hovnanian Enterprises, Inc.'s capital expenditures?

Hovnanian Enterprises, Inc. (HOV) invested $22.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Hovnanian Enterprises, Inc. buy back shares?

Yes, Hovnanian Enterprises, Inc. (HOV) spent $30.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Hovnanian Enterprises, Inc.'s debt-to-equity ratio?

Hovnanian Enterprises, Inc. (HOV) had a debt-to-equity ratio of 1.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hovnanian Enterprises, Inc.'s return on assets (ROA)?

Hovnanian Enterprises, Inc. (HOV) had a return on assets of 2.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hovnanian Enterprises, Inc.'s P/E ratio?

Hovnanian Enterprises, Inc. (HOV) trades at 38.2x earnings, its market capitalization divided by net income of $18.1M net income, trailing 12 months to July 31, 2026. The market capitalization is $692.5M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hovnanian Enterprises, Inc.'s price-to-sales ratio?

Hovnanian Enterprises, Inc. (HOV) trades at 0.2x sales, its market capitalization divided by revenue of $2.8B revenue, trailing 12 months to July 31, 2026. The market capitalization is $692.5M as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hovnanian Enterprises, Inc.'s Piotroski F-Score?

Hovnanian Enterprises, Inc. (HOV) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hovnanian Enterprises, Inc.'s earnings high quality?

Hovnanian Enterprises, Inc. (HOV) has an earnings quality ratio of 2.95x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.