HOV Q1 2022 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$569M

Q1 2022 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$565M-1.6% YoY

Gross Profit

$113M20.0% margin

Operating Income

$48M8.4% margin

Net Income

$25M4.4% margin

EPS (Diluted)

$3.82

QoQ Revenue Growth

-30.6%

Cash Flow

Operating Cash Flow

-$116M

Free Cash Flow

-$118M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.1B

Stockholders' Equity

$196M

Cash & Equivalents

$138M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$565M	$575M	-1.6%
Gross Profit	$113M	$106M	+7.1%
Operating Income	$48M	$42M	+12.8%
Net Income	$25M	$19M	+30.9%

Revenue Segments

Homebuilding

$552M98%

Financial Services

$13M2%