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HOVNANIAN ENTRPRS B NEW (HOVVB) Financials

HOVVB
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
Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jul 31, 2026 Reported 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 HOVVB SEC filings page.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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 HOVVB FY2025

Balance-sheet deleveraging has progressed even as FY2025 profit compressed and cash conversion diverged from earnings.

In FY2025, operating cash flow of $188.3M exceeded net income of $63.9M. That contrasts with FY2024, when operating cash flow was only $23.6M against $242.0M of net income, showing that accounting profit and cash generation have not moved together.

Revenue remained broadly stable across FY2024 and FY2025, but net margin fell from 8.1% to 2.1%, meaning the latest earnings decline was not driven by a comparable top-line collapse. Free cash flow rose from $5.8M in FY2024 to $166.2M in FY2025, reinforcing that cash generation recovered even as accounting profitability weakened.

Debt-to-equity declined from 7.1x in FY2021 to 1.1x in FY2025. Equity expanded from $174.9M to $830.9M over that span while total liabilities edged lower by FY2025; deleveraging came mainly through balance-sheet strengthening rather than revenue expansion.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

HOVNANIAN ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW 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 ENTRPRS B NEW'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 ENTRPRS B NEW'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 ENTRPRS B NEW 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 ENTRPRS B NEW 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.

HOVVB 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.

HOVVB quarterly income statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-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)6M6M7M-1.7%N/A7M-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.

HOVVB Balance Sheet

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.

HOVVB quarterly balance sheet
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-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.

HOVVB Cash Flow 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.

HOVVB quarterly cash flow statement
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-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 PaidN/AN/AN/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

HOVVB 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.

HOVVB quarterly financial ratios
MetricQ3'2610-QQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-K
Net Margin-0.3%-2.3pp0.0%-2.9pp3.3%-0.9pp-0.1%-9.7pp2.1%-8.0pp2.9%-4.3pp4.2%+0.2pp9.6%-1.3pp
Return on Equity-0.2%-2.2pp0.0%-2.4pp2.5%-1.0pp-0.1%-11.9pp2.0%-8.4pp2.4%-5.5pp3.5%-0.5pp11.8%-4.9pp
Return on Assets-0.1%-0.7pp0.0%-0.8pp0.8%-0.4pp0.0%-3.7pp0.6%-2.2pp0.8%-1.4pp1.1%+0.1pp3.6%-0.3pp
Debt-to-Equity1.10+0.1x1.090.0x1.080.0x1.080.0x1.03-0.2x1.05-0.4x1.10-0.4x1.12-0.7x
Asset Turnover0.25-0.1x0.240.0x0.230.0x0.31-0.1x0.300.0x0.270.0x0.270.0x0.380.0x
FCF Margin-4.0%-9.7pp-10.5%-12.9pp20.9%+29.8pp20.1%+8.7pp5.7%+19.0pp2.3%-9.6pp-8.8%+7.1pp11.4%-4.2pp

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

Frequently Asked Questions

What is HOVNANIAN ENTRPRS B NEW's annual revenue?

HOVNANIAN ENTRPRS B NEW (HOVVB) 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 ENTRPRS B NEW's revenue growing?

HOVNANIAN ENTRPRS B NEW (HOVVB) revenue declined by 0.9% year-over-year, from $3.0B to $3.0B in fiscal year 2025.

Is HOVNANIAN ENTRPRS B NEW profitable?

Yes, HOVNANIAN ENTRPRS B NEW (HOVVB) reported a net income of $63.9M in fiscal year 2025, with a net profit margin of 2.1%.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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 ENTRPRS B NEW (HOVVB) had a net profit margin of 2.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

HOVNANIAN ENTRPRS B NEW (HOVVB) has a return on equity of 7.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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.

HOVNANIAN ENTRPRS B NEW (HOVVB) generated $188.3M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

HOVNANIAN ENTRPRS B NEW (HOVVB) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

HOVNANIAN ENTRPRS B NEW (HOVVB) invested $22.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, HOVNANIAN ENTRPRS B NEW (HOVVB) spent $30.2M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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.

HOVNANIAN ENTRPRS B NEW (HOVVB) had a return on assets of 2.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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.

HOVNANIAN ENTRPRS B NEW (HOVVB) 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.

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