Stocks · Industrials · Operative Builders

HOVNANIAN ENTERPRISES INC

HOV Clue Score34
United States Fiscal year ends October CIK 0000357294
$105.80 -3.82% Close, 9 Oct 2026
Price $105.80 +29.61% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue2,752.2Net income−2.8EPS, diluted−0.02Fiscal year 2017Revenue2,451.7 −10.9%Net income−332.2EPS, diluted−56.23Fiscal year 2018Revenue1,991.2 −18.8%Net income4.5EPS, diluted0.72Fiscal year 2019Revenue2,016.9 +1.3%Net income−42.1 −1,031.8%EPS, diluted−7.06Fiscal year 2020Revenue2,343.9 +16.2%Net income50.9EPS, diluted7.03Fiscal year 2021Revenue2,782.9 +18.7%Net income607.8 +1,093.5%EPS, diluted85.86Fiscal year 2022Revenue2,922.2 +5.0%Net income225.5 −62.9%EPS, diluted29.00Fiscal year 2023Revenue2,756.0 −5.7%Net income205.9 −8.7%EPS, diluted26.88Fiscal year 2024Revenue3,004.9 +9.0%Net income242.0 +17.5%EPS, diluted31.79Fiscal year 2025Revenue2,978.6 −0.9%Net income63.9 −73.6%EPS, diluted7.43
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,752.2 2,451.7 1,991.2 2,016.9 2,343.9 2,782.9 2,922.2 2,756.0 3,004.9 2,978.6
Growth −10.9% −18.8% +1.3% +16.2% +18.7% +5.0% −5.7% +9.0% −0.9%
Net income −2.8 −332.2 4.5 −42.1 50.9 607.8 225.5 205.9 242.0 63.9
Growth −1,031.8% +1,093.5% −62.9% −8.7% +17.5% −73.6%
EPS, diluted −0.02 −56.23 0.72 −7.06 7.03 85.86 29.00 26.88 31.79 7.43

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin−0.1%Free cash flow margin13.8%Fiscal year 2017Net margin−13.5%Free cash flow margin12.0%Fiscal year 2018Net margin0.2%Free cash flow margin−3.6%Fiscal year 2019Net margin−2.1%Free cash flow margin−12.6%Fiscal year 2020Net margin2.2%Free cash flow margin12.3%Fiscal year 2021Net margin21.8%Free cash flow margin7.3%Fiscal year 2022Net margin7.7%Free cash flow margin2.6%Fiscal year 2023Net margin7.5%Free cash flow margin15.1%Fiscal year 2024Net margin8.1%Free cash flow margin0.2%Fiscal year 2025Net margin2.1%Free cash flow margin5.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin −0.1% −13.5% 0.2% −2.1% 2.2% 21.8% 7.7% 7.5% 8.1% 2.1%
Free cash flow margin 13.8% 12.0% −3.6% −12.6% 12.3% 7.3% 2.6% 15.1% 0.2% 5.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow387.0Capital expenditure−8.0Free cash flow379.0Fiscal year 2017Operating cash flow301.6Capital expenditure−6.5Free cash flow295.1 −22.1%Fiscal year 2018Operating cash flow−66.8Capital expenditure−5.2Free cash flow−72.0 −124.4%Fiscal year 2019Operating cash flow−249.1Capital expenditure−4.0Free cash flow−253.1Dividends paid0.0Fiscal year 2020Operating cash flow292.8Capital expenditure−3.4Free cash flow289.4Buybacks0.0Dividends paid0.0Fiscal year 2021Operating cash flow210.2Capital expenditure−5.9Free cash flow204.3 −29.4%Buybacks0.0Dividends paid0.0Fiscal year 2022Operating cash flow89.5Capital expenditure−12.6Free cash flow76.9 −62.4%Buybacks−12.2Dividends paid−10.7Fiscal year 2023Operating cash flow435.3Capital expenditure−18.8Free cash flow416.5 +441.7%Buybacks−4.8Dividends paid−10.7Fiscal year 2024Operating cash flow23.6Capital expenditure−17.9Free cash flow5.8 −98.6%Buybacks−26.5Dividends paid−10.7Fiscal year 2025Operating cash flow188.3Capital expenditure−22.1Free cash flow166.2 +2,774.6%Buybacks−30.2Dividends paid−10.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 387.0 301.6 −66.8 −249.1 292.8 210.2 89.5 435.3 23.6 188.3
Capital expenditure −8.0 −6.5 −5.2 −4.0 −3.4 −5.9 −12.6 −18.8 −17.9 −22.1
Free cash flow 379.0 295.1 −72.0 −253.1 289.4 204.3 76.9 416.5 5.8 166.2
Growth −22.1% −124.4% −29.4% −62.4% +441.7% −98.6% +2,774.6%
Buybacks n/a n/a n/a n/a 0.0 0.0 −12.2 −4.8 −26.5 −30.2
Dividends paid n/a n/a n/a 0.0 0.0 0.0 −10.7 −10.7 −10.7 −10.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash346.8Total debt1,606.3Net cash (debt)−1,259.5Shareholders’ equity−128.5Fiscal year 2017Cash469.3Total debt1,609.5Net cash (debt)−1,140.2Shareholders’ equity−460.4Fiscal year 2018Total debt1,439.2Shareholders’ equity−453.5Fiscal year 2019Total debt1,480.0Shareholders’ equity−490.5Fiscal year 2020Total debt1,431.1Shareholders’ equity−436.9Fiscal year 2021Total debt1,248.4Shareholders’ equity174.9Debt to equity7.14Fiscal year 2022Total debt1,146.5Shareholders’ equity383.0Debt to equity2.99Fiscal year 2023Total debt1,051.5Shareholders’ equity581.7Debt to equity1.81Fiscal year 2024Total debt896.2Shareholders’ equity800.3Debt to equity1.12Fiscal year 2025Total debt900.7Shareholders’ equity830.9Debt to equity1.08
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 346.8 469.3 n/a n/a n/a n/a n/a n/a n/a n/a
Total debt 1,606.3 1,609.5 1,439.2 1,480.0 1,431.1 1,248.4 1,146.5 1,051.5 896.2 900.7
Net cash (debt) −1,259.5 −1,140.2 n/a n/a n/a n/a n/a n/a n/a n/a
Shareholders’ equity −128.5 −460.4 −453.5 −490.5 −436.9 174.9 383.0 581.7 800.3 830.9
Debt to equity n/a n/a n/a n/a n/a 7.14 2.99 1.81 1.12 1.08

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending October, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Oct 2016 FY2017† 31 Oct 2017 FY2018 31 Oct 2018 FY2019 31 Oct 2019 FY2020 31 Oct 2020 FY2021 31 Oct 2021 FY2022 31 Oct 2022 FY2023 31 Oct 2023 FY2024 31 Oct 2024 FY2025 31 Oct 2025
Revenue and profit
2,752.2 2,451.7 1,991.2 2,016.9 2,343.9 2,782.9 2,922.2 2,756.0 3,004.9 2,978.6
Growth −10.9% −18.8% +1.3% +16.2% +18.7% +5.0% −5.7% +9.0% −0.9%
2.4 −45.2 8.1 −39.7 55.4 189.9 319.8 256.0 317.1 86.1
5.3 286.9 3.6 2.4 4.5 −418.0 94.3 50.1 75.1 22.2
−2.8 −332.2 4.5 −42.1 50.9 607.8 225.5 205.9 242.0 63.9
Growth −1,031.8% +1,093.5% −62.9% −8.7% +17.5% −73.6%
Per share
−0.02 −56.23 0.73 −7.06 7.48 87.50 30.31 28.76 34.40 7.95
−0.02 −56.23 0.72 −7.06 7.03 85.86 29.00 26.88 31.79 7.43
Growth −1,080.6% +1,121.3% −66.2% −7.3% +18.3% −76.6%
147.5 5.9 5.9 6.0 6.2 6.3 6.4 6.2 6.5 6.4
147.5 5.9 6.1 6.0 6.6 6.4 6.7 6.7 7.0 6.9
Growth −96.0% +2.8% −1.7% +10.3% −2.9% +5.2% −0.9% +5.1% −1.6%

† The diluted share count jumps at 2017, so per-share figures either side of that column are not comparable. Usually a split, but the break lands on the restatement boundary rather than on the split date, because every column is that period’s latest filing.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 4.9% a year over five years.
  • A net loss in 3 of 10 years on file.