HOV Q4 2022 Earnings — Hovnanian Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

HOVHovnanian Enterprises, Inc.

$569M

Q4 2022 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$887M+8.9% YoY

Gross Profit

$180M20.3% margin

Operating Income

$102M11.5% margin

Net Income

$56M6.3% margin

EPS (Diluted)

$7.92

QoQ Revenue Growth

+15.5%

Cash Flow

Operating Cash Flow

$118M

Free Cash Flow

$114M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.6B

Total Liabilities

$2.2B

Stockholders' Equity

$383M

Cash & Equivalents

$326M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$887M	$814M	+8.9%
Gross Profit	$180M	$165M	+9.2%
Operating Income	$102M	$92M	+10.5%
Net Income	$56M	$52M	+6.0%

Revenue Segments

Homebuilding

$869M98%

Financial Services

$18M2%