HOV FY 2023 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$569M

FY 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$2.8B-5.7% YoY

Gross Profit

$580M21.0% margin

Operating Income

$277M10.0% margin

Net Income

$206M7.5% margin

EPS (Diluted)

$26.88

Cash Flow

Operating Cash Flow

$435M

Free Cash Flow

$416M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.9B

Stockholders' Equity

$582M

Cash & Equivalents

$434M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.8B	$2.9B	-5.7%
Gross Profit	$580M	$643M	-9.8%
Operating Income	$277M	$344M	-19.4%
Net Income	$206M	$225M	-8.7%