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 Aug 30, 2026, 10:11 UTC 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 10.6× (Nov '26).
The price-to-sales ratio has risen from 0.1× (Mar '23) to 0.2× (Nov '26).
The dividend yield has fallen from 2.5% (Mar '23) to 1.6% (Nov '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?

Hovnanian Enterprises Inc's P/E (TTM) is 10.60 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the HOV stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 10.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.