HOV Q2 2022 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$569M

Q2 2022 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$703M-0.1% YoY

Gross Profit

$166M23.6% margin

Operating Income

$99M14.1% margin

Net Income

$62M8.9% margin

EPS (Diluted)

$9.64

QoQ Revenue Growth

+24.3%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$51M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.1B

Stockholders' Equity

$258M

Cash & Equivalents

$149M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$703M	$703M	-0.1%
Gross Profit	$166M	$133M	+24.2%
Operating Income	$99M	$53M	+86.3%
Net Income	$62M	$489M	-87.2%

Revenue Segments

Homebuilding

$687M98%

Financial Services

$16M2%