HOV Financials Hovnanian Enterprises Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 20 d ago Overview →

Growth & profitability

Revenue has grown 4.9% per year over the past 5 years.
Net income has grown in line with revenue (4.6% vs 4.9% per year).
Free cash flow has declined 10.5% per year over the past 5 years.

Financial health

Total debt has grown slower than revenue (-8.8% vs 4.9% per year).

Shareholder returns

Dividends have been paid for 4 consecutive years, consuming 16.8% of earnings and 6.4% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.0B	$64M	0.0%	0.0%	7.7%	2.4%	$166M	$901M	—
2024	$3.0B	$242M	0.0%	0.0%	30.2%	9.3%	$6M	$896M	—
2023	$2.8B	$206M	0.0%	0.0%	35.4%	8.3%	$416M	$1.1B	—
2022	$2.9B	$225M	0.0%	0.0%	58.9%	8.8%	$77M	$1.1B	—
2021	$2.8B	$608M	0.0%	0.0%	347.5%	26.2%	$204M	$1.2B	—
2020	$2.3B	$51M	0.0%	0.0%	-11.7%	2.8%	$289M	$1.4B	—
2019	$2.0B	-$42M	0.0%	0.0%	8.6%	-2.2%	-$253M	$1.5B	—
2018	$2.0B	$5M	0.0%	0.0%	-1.0%	0.3%	-$72M	$1.4B	—
2017	$2.5B	-$332M	0.0%	0.0%	72.2%	-17.5%	$295M	$1.6B	$469M
2016	$2.8B	—	0.0%	0.0%	0.0%	0.0%	$379M	$1.6B	$347M
2015	$2.1B	—	0.0%	0.0%	0.0%	0.0%	-$323M	$1.9B	$254M
2014	$2.1B	—	0.0%	0.0%	0.0%	0.0%	-$194M	$1.7B	$262M
2013	$1.9B	—	0.0%	0.0%	0.0%	0.0%	$8M	$1.5B	$329M
2012	$1.5B	—	0.0%	0.0%	0.0%	0.0%	-$72M	$1.6B	$273M
2011	$1.1B	—	0.0%	0.0%	0.0%	0.0%	-$208M	—	$251M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jul '26	$706M	-$2M	0.0%	0.0%	-0.2%	-0.1%	-$28M	$902M	—
Apr '26	$668M	-$284000	0.0%	0.0%	-0.0%	-0.0%	-$70M	$902M	—
Jan '26	$632M	—	0.0%	0.0%	0.0%	0.0%	$132M	$901M	—
Oct '25	$818M	—	0.0%	0.0%	0.0%	0.0%	$164M	$901M	—
Jul '25	$801M	$17M	0.0%	0.0%	2.0%	0.6%	$46M	$862M	—
Apr '25	$686M	$20M	0.0%	0.0%	2.4%	0.8%	$16M	$864M	—
Jan '25	$674M	—	0.0%	0.0%	—	0.0%	-$60M	$894M	—
Oct '24	$980M	—	0.0%	0.0%	0.0%	0.0%	$111M	$896M	—
Jul '24	$723M	—	0.0%	0.0%	0.0%	0.0%	-$96M	$899M	—
Apr '24	$708M	—	0.0%	0.0%	0.0%	0.0%	$85M	$933M	—
Jan '24	$594M	—	0.0%	0.0%	0.0%	0.0%	-$94M	$935M	—
Oct '23	$887M	—	0.0%	0.0%	0.0%	0.0%	$138M	$1.1B	—
Jul '23	$650M	—	0.0%	0.0%	0.0%	0.0%	$221M	$1.0B	—
Apr '23	$704M	—	0.0%	0.0%	0.0%	0.0%	$93M	$1.1B	—
Jan '23	$515M	—	0.0%	0.0%	0.0%	0.0%	-$35M	$1.1B	—
Oct '22	$887M	—	0.0%	0.0%	0.0%	0.0%	$114M	$1.1B	—
Jul '22	$768M	—	0.0%	0.0%	0.0%	0.0%	$30M	$1.1B	—
Apr '22	$703M	—	0.0%	0.0%	0.0%	0.0%	$51M	$1.1B	—
Jan '22	$565M	—	0.0%	0.0%	0.0%	0.0%	-$118M	$1.2B	—
Oct '21	$814M	—	0.0%	0.0%	0.0%	0.0%	$126M	$1.2B	—

Valuation over time

How the market has priced HOV against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 1.9× (Mar '23) to 12.2× (Sep '26).
The price-to-sales ratio has risen from 0.1× (Mar '23) to 0.3× (Sep '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.4% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is HOV growing its revenue and profit?

Over the past 5 years, Hovnanian Enterprises Inc's revenue has grown 4.9% per year, and net income grown 4.6% per year. These are computed facts, not advice.

How much debt does HOV have?

As of FY2025, Hovnanian Enterprises Inc reported $901M of total debt against — of cash.

What is HOV's profit margin?

In FY2025, gross margin was —, operating margin —, and net margin 2.1%.

What is HOV's P/E ratio?

As of Sep '26, Hovnanian Enterprises Inc traded at a price-to-earnings ratio of about 12.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.