HOV Q3 2022 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$547M

Q3 2022 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$768M+11.1% YoY

Gross Profit

$185M24.0% margin

Operating Income

$120M15.6% margin

Net Income

$83M10.8% margin

EPS (Diluted)

$12.62

QoQ Revenue Growth

+9.3%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$30M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$2.2B

Stockholders' Equity

$338M

Cash & Equivalents

$225M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$768M	$691M	+11.1%
Gross Profit	$185M	$137M	+34.7%
Operating Income	$120M	$81M	+47.7%
Net Income	$83M	$48M	+73.2%

Revenue Segments

Homebuilding

$753M98%

Financial Services

$15M2%