HOV (Hovnanian Enterprises, Inc.) Stock Financials & Earnings | Market Cap Arena

HOV (Hovnanian Enterprises, Inc.) Stock Financials & Earnings | Market Cap Arena

HOVHovnanian Enterprises, Inc.

Mkt Cap$569M

Consumer Cyclical·Residential Construction·🇺🇸 United States·NYSE

Revenue (TTM)$2.9B

Net Income (TTM)$57M

EPS (TTM)$6.62

Free Cash Flow (TTM)$358M

Gross Margin55.6%

Op. Margin46.2%

Net Margin1.9%

FCF Margin12.2%

P/S Ratio (TTM)0.2x

P/E Ratio (TTM)10.1x

YoY Rev Growth-4.8%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 23	$704M	$131M	$56M
Q3 23	$650M	$136M	$88M
Q4 23	$887M	$213M	-$1.4B
Q1 24	$593M	$113M	$28M
Q2 24	$708M	$143M	$64M
Q3 24	$723M	$138M	$51M
Q4 24	$980M	$204M	$76M
Q1 25	$674M	$107M	$20M
Q2 25	$686M	$107M	$40M
Q3 25	$801M	$123M	$16M
Q4 25	$818M	$790M	$738M
Q1 26	$632M	$613M	$563M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q2 23	0.2x	3.0x
Q3 23	0.2x	3.5x
Q4 23	0.2x	2.8x
Q1 24	0.2x	2.7x
Q2 24	0.2x	2.5x
Q3 24	0.2x	2.3x
Q4 24	0.2x	2.4x
Q1 25	0.2x	2.3x
Q2 25	0.2x	2.6x
Q3 25	0.2x	3.6x
Q4 25	0.2x	8.9x
Q1 26	0.2x	10.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$97M	$93M
Q3 23	$226M	$221M
Q4 23	$144M	$138M
Q1 24	-$89M	-$94M
Q2 24	$89M	$85M
Q3 24	-$92M	-$96M
Q4 24	$116M	$111M
Q1 25	-$56M	-$60M
Q2 25	$22M	$16M
Q3 25	$53M	$46M
Q4 25	$169M	$164M
Q1 26	$141M	$132M

Capital Expenditures

CapEx

Quarter	CapEx
Q2 23	$4M
Q3 23	$5M
Q4 23	$6M
Q1 24	$5M
Q2 24	$4M
Q3 24	$4M
Q4 24	$4M
Q1 25	$4M
Q2 25	$6M
Q3 25	$7M
Q4 25	$5M
Q1 26	$9M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	+0.2%	+7.3%
Q3 23	-15.3%	-13.2%
Q4 23	+0.0%	+188.9%
Q1 24	+15.1%	+15.7%
Q2 24	+0.7%	-0.5%
Q3 24	+11.2%	+19.4%
Q4 24	+10.4%	-60.1%
Q1 25	+13.5%	+15.6%
Q2 25	-3.1%	+0.4%
Q3 25	+10.8%	+16.9%
Q4 25	-16.5%	-91.2%
Q1 26	-6.2%	-89.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$2M	0.3%
Q3 23	$5M	0.8%
Q4 23	$5M	0.5%
Q1 24	$4M	0.7%
Q2 24	$7M	1.0%
Q3 24	$9M	1.3%
Q4 24	$5M	0.5%
Q1 25	$4M	0.5%
Q2 25	$4M	0.6%
Q3 25	$6M	0.8%
Q4 25	$3M	0.3%
Q1 26	$2M	0.2%

OpEx Breakdown

Quarter	G&A	S&M
Q2 23	$76M	—
Q3 23	$75M	—
Q4 23	$14M	$67M
Q1 24	$37M	$49M
Q2 24	$33M	$46M
Q3 24	$38M	$51M
Q4 24	$20M	$68M
Q1 25	$87M	—
Q2 25	$51M	—
Q3 25	$91M	—
Q4 25	$121M	—
Q1 26	$34M	—

Revenue Segments

Quarter	Financial Service	Home Building
Q1 24	$15M	$579M
Q2 24	$17M	$691M
Q3 24	$19M	$704M
Q4 24	$23M	$957M
Q1 25	$17M	$657M
Q2 25	$21M	$665M
Q3 25	$29M	$772M
Q4 25	$28M	$790M
Q1 26	$19M	$613M

Revenue by Geography

Quarter	Northeast	Southeast	West
Q1 26	$275M	$74M	$262M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 23	$333M	$0	$333M
Q3 23	$325M	$0	$325M
Q4 23	$434M	$0	$434M
Q1 24	$238M	$0	$238M
Q2 24	$182M	$0	$182M
Q3 24	$122M	$0	$122M
Q4 24	$210M	$0	$210M
Q1 25	$94M	$0	$94M
Q2 25	$74M	$0	$74M
Q3 25	$147M	$0	$147M
Q4 25	$273M	$0	$273M
Q1 26	$350M	$0	$350M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 23	6M	-0.1%
Q3 23	7M	+3.8%
Q4 23	7M	+0.9%
Q1 24	7M	+2.6%
Q2 24	7M	-0.5%
Q3 24	7M	+2.1%
Q4 24	7M	-0.4%
Q1 25	7M	+0.8%
Q2 25	7M	-1.7%
Q3 25	6M	-7.9%
Q4 25	6M	+1.1%
Q1 26	6M	+0.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$1M	2K
FY 15	$1M	2K
FY 16	$1M	2K
FY 17	$1M	2K
FY 18	$1M	2K
FY 19	$1M	2K
FY 20	$1M	2K
FY 21	$2M	2K
FY 22	$2M	2K
FY 23	$2M	2K
FY 24	$2M	2K
FY 25	$2M	2K