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NYSE · OPERATIVE BUILDERS · MID CAP

Hovnanian Enterprises Inc. HOV

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$3.0B
▼ 0.9% YoY
$63.9M
▼ 73.6% YoY
$166.2M
▲ 2774.6% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

It currently offers homes for sale in 140 communities in 27 markets in 13 states throughout the United States. As of October 31, 2025, it employed 1,891 full-time associates, of whom 1,194 were involved in its homebuilding operations, 186 in its financial services operations, and 511 in its corporate operations. Since the incorporation of its predecessor company, the Company combined with its unconsolidated joint ventures has delivered in excess of 382,000 homes, including 6,431 homes in fiscal 2025. It offers a variety of home styles at base prices ranging from $182,000 to $1,191,000, with an average sales price, including options, of $519,000 nationwide in fiscal 2025. The Company has two distinct operations, homebuilding and financial services: its homebuilding operations consist of three reportable segments, Northeast, Southeast and West, and its financial services operations provide mortgage loans and title services to the customers of its homebuilding operations.

Written from the business description in HOVNANIAN ENTERPRISES INC's annual report to the U.S. Securities and Exchange Commission, filed 22 December 2025. Every sentence was checked against that document before publication.

Growth

USD 3.0B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 3.0 · Net income 0.1
1.5B3.0B-0.3B-0.6B
2009201220152018202120242025
Compound annual growth
+0.6%
+4.9%
+3.3%
+5.3%
−34.3%
+4.6%
−36.5%
+1.1%
+21.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.9% a year over the five years to FY2025 — but profit grew slower: net income at +4.6%, earnings per share at +1.1%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 2.9% · Net 2.1%
10%20%-20%-40%
200920172025
ROE
FY2025 · ROE 7.8%
50%
200920172025
Three returns, three denominators.
Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Each USD of equity produced 8 cents of profit this year.

Cash & shareholders

USD 40.9M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 166.2
150M300M-150M-300M
200920172025
Net buybacks $M Dividends $M
FY2025 · Dividends 10.7 · Net buybacks 30.2
15M30M-20M-40MDividendsNet buybacks
20122019202020212022202320242025

USD 10.7M in dividends and USD 30.2M in buybacks — 64% of the year's profit went back to shareholders.

Total assetsUSD 2.6B
EquityUSD 830.9M
Gross debtUSD 900.7M

Equity funds 32% of total assets.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
HOV, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B3.03.02.82.92.82.32.02.02.52.82.12.11.91.51.11.41.6
Operating income $B0.10.30.30.30.20.1−0.00.0−0.00.0−0.00.00.0−0.1−0.3◌◌
EBITDA $B0.10.30.30.30.20.1−0.00.0−0.00.0−0.00.00.0−0.1−0.3◌◌
Income tax $B0.00.10.10.1−0.40.00.00.00.30.0−0.0−0.3−0.0−0.0−0.0−0.30.0
Net income $B0.10.20.20.20.60.1−0.00.0−0.3−0.0−0.00.30.0−0.1−0.30.0−0.7
Free cash flow $B0.20.00.40.10.20.3−0.3−0.10.30.4−0.3−0.20.0−0.1−0.20.0−0.0
EPS, diluted $7.4331.7926.8829.0085.867.03−7.060.72−56.23−0.02−0.111.870.22−0.52−2.850.03−9.16
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout %1745500−0——————————
ROE %7.835.042.780.8—————————————

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 50 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Three checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityOperative Builders
Listed onNYSE
Incorporated inDelaware
Fiscal year endsOctober 31
Data on record since2009

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