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Acquisitions at other companies

D.R. Horton logo
D.R. HortonDHI
-$175.8M
Lennar logo
LennarLEN
$0-100%
Dream Finders Homes logo
Dream Finders HomesDFH
$0-100%
M/I Homes logo
M/I HomesMHO
$3.8M-54.1%
Cavco Industries logo
Cavco IndustriesCVCO
$1.34M
Skyline Champion logo
Skyline ChampionSKY
$2M-91.9%

Other financials

Income statement

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Revenue$667.6M-2.7%
Net income-$284.0K-101%
EPS (diluted)-$0.46-119%

Balance sheet

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Cash & equivalents$8.8M-28.5%
Total debt$942.7M+6.2%
Total equity$824.9M+0.6%
Total assets$2.8B+10.8%

Cash flow

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Operating cash flow$140.9M+352%
CapEx$3.4M-46.9%
Free cash flow$132.1M+322%

Valuation

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Market cap$771.71M-0.9%
Enterprise value$1.71B+3.1%
P/E20.8×+15.8×
P/S0.3×0.0×

Profitability

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Net margin1.3%-5.8pp
FCF margin12.2%+10.9pp

Returns & leverage

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Return on equity4.5%-24.8pp
Debt / equity1.1×+0.1×

Where this comes from

Reported directly by Hovnanian Enterprises, Inc. in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Hovnanian Enterprises, Inc.’s 10-Q, filed March 2, 2026.

Filed
Mar 2, 2026, 5:01 PM EST
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001753926-26-000412
Line itemThree Months Ended / January 31, 2026Three Months Ended / January 31, 2025
Purchase of property, equipment, and other fixed assets(8,768)(3,685)
Investment in and advances to unconsolidated joint ventures, net of reimbursements(51,903)(26,088)
Distributions of capital from unconsolidated joint ventures-3,825
Acquisitions of business, net of cash acquired31,517-
Net cash used in investing activities(29,121)(25,066)
Cash flows from financing activities:
Proceeds from mortgages and notes20,41358,171
Payments related to mortgages and notes(26,628)(61,587)

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FAQ

What is Hovnanian Enterprises, Inc.'s acquisitions?
Hovnanian Enterprises, Inc. (HOV) reported acquisitions of -$31.52M in Q4 2025.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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