HOV Q3 2024 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$569M

Q3 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$723M+11.2% YoY

Gross Profit

$138M19.0% margin

Operating Income

$51M7.1% margin

Net Income

$73M10.1% margin

EPS (Diluted)

$9.75

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$92M

Free Cash Flow

-$96M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$1.8B

Stockholders' Equity

$703M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$723M	$650M	+11.2%
Gross Profit	$138M	$136M	+1.1%
Operating Income	$51M	$88M	-41.5%
Net Income	$73M	$56M	+30.8%

Revenue Segments

Home Building

$704M97%

Financial Service

$19M3%