Financials · HOV

Hovnanian Enterprises Inc. (HOV) financials

For the twelve months ended Jul 31, 2026, Hovnanian Enterprises Inc. reported $2.82B of revenue and $5.18M of net income.

Revenue, TTM
$2.82B
Revenue growth, YoY
-10.1%
Net income, TTM
$5.18M
Net income growth, YoY
-96.6%
Net margin
0.2%
Free cash flow, TTM
$197.78M
EPS, diluted, TTM
$0.89
Total debt
$902.49M
P/E
116.80
P/S
0.21
Market cap
$604.7M
Annual revenue$2.98B
FY2016FY2025
Annual net income$51.25M
FY2016FY2025
Annual free cash flow$166.18M
FY2016FY2025

HOV revenue and earnings growth

HOV revenueQ3 2026$705.75M

Quarter YoY
-11.8%
QoQ
+5.7%
FY YoY
-0.9%
5Y CAGR
+4.9%
10Y CAGR
+3.3%

HOV revenue was $705.75M in fiscal Q3 2026 (ended Jul 31, 2026), down 11.8% from a year earlier and up 5.7% from the prior quarter. For the full fiscal 2025 it was $2.98B, down 0.9% from fiscal 2024. Compound annual growth was +4.9% over 5 years and +3.3% over 10 years. It rose in 6 of the last 10 fiscal years.

HOV net incomeQ3 2026-$1.80M

FY YoY
-77.0%
5Y CAGR
+2.1%

HOV net income was -$1.80M in fiscal Q3 2026 (ended Jul 31, 2026), compared with $16.61M a year earlier. For the full fiscal 2025 it was $51.25M, down 77.0% from fiscal 2024. Compound annual growth was +2.1% over 5 years. It rose in 2 of the last 5 fiscal years.

HOV EPSQ3 2026-$0.70

FY YoY
-76.6%
5Y CAGR
+1.1%

HOV diluted EPS was -$0.70 in fiscal Q3 2026 (ended Jul 31, 2026), compared with $1.99 a year earlier. For the full fiscal 2025 it was $7.43, down 76.6% from fiscal 2024. Compound annual growth was +1.1% over 5 years.

HOV free cash flowQ3 2026-$27.87M

FY YoY
29x
5Y CAGR
-10.5%

HOV free cash flow was -$27.87M in fiscal Q3 2026 (ended Jul 31, 2026), compared with $45.77M a year earlier. For the full fiscal 2025 it was $166.18M, up about 29-fold from fiscal 2024. Compound annual growth was -10.5% over 5 years. It rose in 2 of the last 5 fiscal years.

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Income statement

Income statement
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Revenue$2.98B$3.00B$2.76B$2.92B$2.78B$2.34B$2.02B$1.99B$2.45B$2.75B
Interest expense-$120.68M$134.90M$132.37M$161.78M$178.10M$161.12M$164.09M$185.21M$182.59M
Pre-tax income$86.09M$317.09M$255.95M$319.75M$189.86M$55.40M-$39.67M$8.15M-$45.24M$2.44M
Income tax$22.22M$75.08M$50.06M$94.26M-$417.96M$4.47M$2.45M$3.63M$286.95M$5.25M
Net income$51.25M$222.88M$179.19M$195.11M$550.14M$46.28M-$42.12M$4.36M-$332.19M-$2.82M
EPS, basic$7.95$34.40$28.76$30.31$87.50$7.48-$7.06$0.73-$56.23-$0.50
EPS, diluted$7.43$31.79$26.88$29.00$85.86$7.03-$7.06$0.72-$56.23-$0.50
Diluted shares6.9M7.0M6.7M6.7M6.4M6.6M6.0M6.1M5.9M5.9M

Balance sheet

Balance sheet
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Cash and equivalents--------$469.32M$346.76M
Total assets$2.63B$2.61B$2.49B$2.56B$2.32B$1.83B$1.88B$1.66B$1.90B$2.35B
Total debt$900.72M$896.22M$1.05B$1.15B$1.25B$1.43B$1.48B$1.44B$1.61B$1.61B
Total liabilities$1.80B$1.81B$1.91B$2.18B$2.15B$2.26B$2.37B$2.12B$2.36B$2.48B
Shareholders' equity$830.93M$800.35M$581.79M$383.05M$175.38M-$436.09M-$489.78M-$453.50M-$460.37M-$128.51M

Cash flow

Cash flow
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Operating cash flow$188.28M$23.64M$435.27M$89.47M$210.21M$292.83M-$249.13M-$66.82M$301.58M$387.00M
Capital expenditures$22.10M$17.86M$18.82M$12.59M$5.94M$3.38M$4.00M$5.19M$6.48M$8.01M
Free cash flow$166.18M$5.78M$416.45M$76.87M$204.27M$289.45M-$253.13M-$72.02M$295.10M$378.99M
Investing cash flow-$66.01M-$46.47M-$78.23M-$2.15M$9.00M$2.14M-$8.31M$35.50M-$29.71M-$51.88M
Financing cash flow-$70.39M-$187.93M-$261.71M-$16.52M-$217.27M-$167.77M$206.71M-$229.43M-$147.84M-$245.67M
Dividends paid$10.70M$10.70M$10.70M$10.70M$0$0$0---
Share repurchases$30.24M$26.53M$4.80M$12.22M$0$0----
Stock-based compensation$16.67M$25.27M$14.23M$10.28M$7.67M$2.78M$721.0K$3.67M$557.0K$2.92M
Depreciation and amortization$13.86M$7.73M$8.80M$5.46M$5.28M$5.30M$4.17M$3.16M$4.25M$3.56M

Key ratios

Key ratios
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Revenue growth, YoY-0.9%9.0%-5.7%5.0%18.7%16.2%1.3%-18.8%-10.9%28.1%
Net income growth, YoY-77.0%24.4%-8.2%-64.5%1088.8%-----
EPS growth, YoY-76.6%18.3%-7.3%-66.2%1121.3%-----
Net margin1.7%7.4%6.5%6.7%19.8%2.0%-2.1%0.2%-13.5%-0.1%
Free cash flow margin5.6%0.2%15.1%2.6%7.3%12.3%-12.6%-3.6%12.0%13.8%
Return on equity6.2%27.8%30.8%50.9%313.7%-----
Return on assets1.9%8.6%7.2%7.6%23.7%2.5%-2.2%0.3%-17.5%-0.1%
Debt to equity1.081.121.812.997.12-----

Source: XBRL data Hovnanian Enterprises Inc. files with the SEC, latest filing dated Aug 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-25, first reported Dec 19, 2019.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

HOV peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
HOV$2.82B-10.1%$5.18M0.2%$604.7M
DHI$33.35B-3.5%$3.07B9.2%$42.59B
LEN$31.97B-8.0%$1.31B4.1%$21.11B
TOL$10.76B-1.1%$1.20B11.1%$14.06B
MTH--$297.75M-$4.38B

HOV FAQ

8 questions
  • What is HOV revenue?
    Hovnanian Enterprises Inc. (HOV) reported $2.82B of revenue for the twelve months ended Jul 31, 2026. That is down 10.1% from the year before. Revenue for fiscal 2025 was $2.98B.
  • Is HOV profitable?
    Yes. Hovnanian Enterprises Inc. earned $5.18M in net income for the twelve months ended Jul 31, 2026, a net margin of 0.2%.
  • How much cash and debt does HOV have?
    Hovnanian Enterprises Inc. reported $902.49M of debt on its most recent balance sheet in SEC filings.
  • How fast is HOV revenue growing?
    Hovnanian Enterprises Inc.'s revenue changed -0.9% in fiscal 2025, to $2.98B. Its compound annual growth rate was +4.9% over 5 years and +3.3% over 10 years.
  • What is HOV free cash flow?
    Hovnanian Enterprises Inc. generated $197.78M of free cash flow for the twelve months ended Jul 31, 2026, which is operating cash flow of $218.84M less capital expenditures.
  • What is HOV earnings per share?
    Diluted earnings per share were $0.89 for the twelve months ended Jul 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did HOV last report financial results?
    The latest statements here come from Hovnanian Enterprises Inc.'s 10-Q filed on Aug 28, 2026, covering the period ended Jul 31, 2026.
  • Where does this HOV financial data come from?
    Quantisnow builds these statements from the structured XBRL data Hovnanian Enterprises Inc. files with the SEC. It is provided for information only and is not investment advice.