HOV Q3 2021 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q3 2021 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$691M+10.0% YoY

Gross Profit

$137M19.8% margin

Operating Income

$81M11.8% margin

Net Income

$48M6.9% margin

EPS (Diluted)

$6.72

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$65M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$2.2B

Stockholders' Equity

$120M

Cash & Equivalents

$173M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$691M	$628M	+10.0%
Gross Profit	$137M	$94M	+46.1%
Operating Income	$81M	$38M	+114.5%
Net Income	$48M	$15M	+210.5%

Revenue Segments

Homebuilding

$671M97%

Financial Services

$20M3%