HOV Q2 2021 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q2 2021 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$703M+30.6% YoY

Gross Profit

$133M19.0% margin

Operating Income

$53M7.5% margin

Net Income

$489M69.5% margin

EPS (Diluted)

$69.65

QoQ Revenue Growth

+22.4%

Cash Flow

Operating Cash Flow

$110M

Free Cash Flow

$108M

Stock-Based Comp.

$851,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.3B

Stockholders' Equity

$72M

Cash & Equivalents

$218M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$703M	$538M	+30.6%
Gross Profit	$133M	$81M	+64.6%
Operating Income	$53M	$30M	+77.1%
Net Income	$489M	$4M	+11880.3%

Revenue Segments

Homebuilding

$681M97%

Financial Services

$22M3%