What does financial services — cost of goods sold mean?

Represents the direct costs incurred by the financial services segment to generate its revenue, such as loan processing fees, underwriting costs, and secondary market execution expenses. Tracking this metric is essential for calculating the segment's gross margin and operational efficiency. Lower costs relative to revenue indicate a more efficient financial services delivery model.

Hovnanian Enterprises, Inc. HOV Financial Services — Cost of Goods Sold

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Other financials

Income statement

See full

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$831.54M+50.5%

Enterprise value$1.77B+23.6%

P/E22.4×+19.8×

P/S0.3×+0.1×

Profitability

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Net margin1.3%-5.8pp

FCF margin12.2%+10.9pp

Returns & leverage

See full

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:CostOfGoodsAndServicesSold.

The official record: Hovnanian Enterprises, Inc.’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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What is Hovnanian Enterprises, Inc.'s financial services — cost of goods sold?: Hovnanian Enterprises, Inc. (HOV) reported financial services — cost of goods sold of $0 in Q1 2026.
What does financial services — cost of goods sold mean?: Represents the direct costs incurred by the financial services segment to generate its revenue, such as loan processing fees, underwriting costs, and secondary market execution expenses. Tracking this metric is essential for calculating the segment's gross margin and operational efficiency. Lower costs relative to revenue indicate a more efficient financial services delivery model.