Saturday 17 October 2026 Export HOV’s income statement to Excel — free account

Hovnanian Enterprises Inc

HOV Consumer Cyclical Residential Construction

Hovnanian Enterprises Inc’s revenue for fiscal 2025 (year ended October 2025) was $3.0 billion, down 0.88% from fiscal 2024. In the quarter to July 2026, revenue fell 11.9%, EPS fell 132.7%, free cash flow fell 160.9% and total debt fell 39.4%, each against the same quarter a year earlier.

97.27 3.66 −3.63%

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Market cap: $602.7M
P/E: 86.1×
Fwd P/E: 86.5×
Dividend yield: —
F-score: 6/9
Altman Z: 1.91
Beneish M: −2.68
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 1.77

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	2	—	—	—	—

Insider Ownership 32.78%

Capital & Financial Ratios $m

Market Cap 602.74

Revenue 2,823.25

Net Income 17.38

Free Cash Flow 202.26

Net Debt (380.97)

Current Ratio 1.46

Debt/Equity 0.04

P/E ratio 86.08

Fwd P/E 86.50

P/S ratio 0.22

P/B ratio 0.91

Past 5Y EPS Growth 1.11%

This Y EPS Growth (46.30%)

Next Y EPS Growth (46.12%)

Next Y revenue growth (4.92%)

Next 5Y EPS Growth (18.85%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 95.97%

10-year low 10-year high

P/S against its own 10 years 68.08%

10-year low 10-year high

P/B against its own 10 years 2.89%

10-year low 10-year high

EV/Sales against its own 10 years 39.76%

10-year low 10-year high

EV/FCF against its own 10 years 40.89%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	540	361	449	413
Receivables	28	29	26	50
Inventory	1,349	1,645	1,637	1,794
Other	—	—	—	—
	1,987	2,117	2,203	2,386

	2023	2024	2025	Q'26
Payables	415	433	439	467
ST’ Debt	—	—	—	—
Other	51	42	46	235
	1,547	1,391	1,398	1,637

Compound Annual Growth %

	10y	5y	3y
Sales	3.32%	4.91%	0.64%
Cash Flow	0.00%	(8.45%)	28.15%
Earnings	0.00%	2.06%	(35.96%)
Book Value	0.00%	0.00%	29.45%

Revenue $m

	Jan	Apr	Jul	Oct	Year
’26	632	668	706	—	—
’25	674	686	801	818	2,979
’24	594	708	723	980	3,005
’23	515	704	650	887	2,756
’22	565	703	768	887	2,922
’21	575	703	691	814	2,783
’20	494	538	628	683	2,344

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	141	(67)	(24)	—	—
’25	(56)	22	53	169	188
’24	(89)	89	(92)	116	24
’23	(31)	97	226	144	435
’22	(116)	54	34	118	89
’21	(94)	110	67	128	210
’20	28	52	113	100	293

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jan	Apr	Jul	Oct	Year
’26	132	(66)	(28)	—	—
’25	(59)	17	46	164	168
’24	(94)	86	(96)	112	7
’23	(35)	93	221	140	418
’22	(118)	51	30	114	77
’21	(95)	108	65	126	204
’20	27	51	112	99	290

Fiscal quarters ending in the months shown.

EPS $

	Jan	Apr	Jul	Oct	Year
’26	2.62	(0.46)	(0.70)	—	—
’25	3.58	2.43	1.99	(0.51)	7.43
’24	2.91	6.66	9.75	12.79	31.79
’23	2.26	4.47	7.38	13.05	26.88
’22	3.07	8.39	10.82	7.24	29.00
’21	2.75	69.65	6.72	7.41	85.86
’20	(1.49)	0.60	2.16	5.54	7.03

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	29.75	41.50	16.00	5.15	5.12	30.17	33.20	41.95	125.63	81.15	Analyst estimates 2026–2028 Powerpack
	High	74.00	84.00	85.25	30.35	42.47	146.34	130.50	162.50	240.34	162.06
People
People	Employees	1,961	1,905	1,851	1,868	1,697	1,784	1,866	1,715	1,878	1,891
	Revenue/emp, $m	1.40	1.29	1.08	1.08	1.38	1.56	1.57	1.61	1.60	1.58
Income, $m
Income, $m	Revenue	2,752	2,452	1,991	2,017	2,344	2,783	2,922	2,756	3,005	2,979
	Gross margin, %	13.04	14.32	16.34	14.80	15.88	19.43	22.02	21.05	19.64	14.12
	EBT	2	(45)	8	(40)	55	190	320	256	317	86
	EBT margin, %	0.09	(1.85)	0.41	(1.97)	2.36	6.82	10.94	9.29	10.55	2.89
	Net income	(3)	(332)	5	(42)	51	608	225	206	242	64
	Depreciation	16	18	12	12	7	6	6	10	7	12
Per share, $
Per share, $	Revenue	466.64	414.97	335.17	337.96	378.72	442.64	453.97	442.38	463.79	461.87
	Earnings	(0.50)	(56.25)	0.75	(7.06)	7.48	87.50	30.31	28.76	34.40	7.95
	Cash flow	65.61	51.05	(11.25)	(41.74)	47.31	33.44	13.90	69.87	3.65	29.20
	Capex	(1.23)	(1.05)	5.57	(0.67)	(0.53)	(0.94)	(1.95)	(2.71)	(2.54)	(3.15)
	Free cash flow	64.39	49.99	(5.67)	(42.41)	46.79	32.50	11.95	67.16	1.11	26.05
	Book value	(21.79)	(77.92)	(76.33)	(82.07)	(70.46)	27.90	59.51	93.39	123.53	128.85
	Shares, m	6	6	6	6	6	6	6	6	6	6
Valuation, ×
Valuation, ×	P/E	0.00	0.00	111.45	0.00	4.64	0.99	1.34	2.40	5.08	14.75
	P/S	0.08	0.15	0.11	0.07	0.09	0.20	0.09	0.16	0.38	0.26
	P/B	0.00	0.00	0.00	0.00	0.00	13.70	1.05	0.97	1.72	1.11
	EV/Sales	(0.05)	(0.06)	(0.01)	0.04	(0.01)	0.13	0.00	(0.01)	0.29	0.12
	EV/FCF	(0.33)	(0.49)	0.36	(0.29)	(0.12)	1.72	(0.13)	(0.04)	120.90	2.12
Cash, $m
Cash, $m	Operating cash flow	387	302	(67)	(249)	293	210	89	435	24	188
	Capex	(7)	(6)	33	(4)	(3)	(6)	(13)	(17)	(16)	(20)
	Free cash flow	380	295	(34)	(253)	290	204	77	418	7	168
Balance, $m
Balance, $m	Working capital	50	(365)	(336)	(195)	(210)	(102)	339	440	726	805
	Total debt	96	78	96	204	135	125	145	92	91	29
	Net debt	(355)	(503)	(229)	(75)	(245)	(198)	(270)	(449)	(270)	(419)
	Shareholders’ equity	(129)	(460)	(454)	(490)	(436)	175	383	582	800	831
Returns, %
Returns, %	ROA	(0.11)	(15.61)	0.24	(2.38)	2.50	26.53	7.99	7.09	8.74	1.96
	ROIC	0.00	0.00	0.00	0.00	0.00	0.00	191.51	129.51	29.23	10.76
	ROE	1.07	77.30	(0.74)	6.94	(7.74)	(207.09)	135.57	51.62	40.10	7.53

Negative figures in brackets.

All 10 years →

Fiscal years to Oct 2025 · latest quarter Jul 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MTH Meritage Homes Corporation	$3.9B	12.3×	13.6×	−13.77% (below 0%: shrinking)	−33.01% (below 0%: shrinking)	+2,516.98% (above 0%: growing)	18.60%	8.19%	Compare
MHO M/I Homes, Inc.	$3.2B	10.3×	10.9×	−8.54% (below 0%: shrinking)	−31.86% (below 0%: shrinking)	−11.50% (below 0%: shrinking)	22.15%	9.53%	Compare
GRBK Green Brick Partners, Inc.	$2.7B	9.2×	12.0×	−8.70% (below 0%: shrinking)	−8.06% (below 0%: shrinking)	−113.25% (below 0%: shrinking)	31.90%	19.54%	Compare
KBH KB Home	$2.7B	12.0×	16.2×	−19.96% (below 0%: shrinking)	−35.34% (below 0%: shrinking)	−178.04% (below 0%: shrinking)	5.54%	5.54%	Compare
LGIH LGI Homes, Inc.	$1.0B	15.1×	17.3×	+5.70% (above 0%: growing)	−14.71% (below 0%: shrinking)	+254.15% (above 0%: growing)	19.71%	5.61%	Compare
BZH Beazer Homes USA, Inc.	$891.4M	— (loss-making)	— (loss-making)	−5.33% (below 0%: shrinking)	n/m	−119.25% (below 0%: shrinking)	12.80%	(2.20%)	Compare
DFH Dream Finders Homes, Inc.	$764.1M	6.1×	10.9×	−7.57% (below 0%: shrinking)	−52.63% (below 0%: shrinking)	−36.48% (below 0%: shrinking)	14.52%	2.44%	Compare
LEGH Legacy Housing Corporation	$647.9M	12.7×	10.9×	+32.27% (above 0%: growing)	+62.30% (above 0%: growing)	+238.78% (above 0%: growing)	49.43%	39.88%	Compare
HOV Hovnanian Enterprises Inc	$602.7M	86.1×	86.5×	−11.85% (below 0%: shrinking)	n/m	−160.88% (below 0%: shrinking)	13.12%	0.81%
Median of peers	$1.8B	12.0×	12.0×	−8.06%	−31.86%	−23.99%	19.16%	6.90%

All 19 Residential Construction stocks →

Hovnanian Enterprises Inc (HOV) key facts

Concern: Hovnanian Enterprises Inc’s revenue for fiscal 2025 (year ended October 2025) was $3.0 billion, down 0.88% from fiscal 2024.
Hovnanian Enterprises Inc (HOV) is a Residential Construction company in the Consumer Cyclical sector, listed on the New York Stock Exchange.
As of October 16, 2026, HOV traded at $97.27, a market capitalization of $602.7 million.
Return on equity was 7.53% and debt-to-equity 0.04.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 1.91 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.