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Hovnanian Enterprises, Inc. HOV Financial Services — Interest Income Expense Net

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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$807.34M+3.6%
Enterprise value$1.74B+5.2%
P/E21.7×+16.8×
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:InterestIncomeExpenseNet.

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

Filed
Jun 2, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001753926-26-000964
(In thousands)NortheastSoutheastWestFinancial ServicesTotal
Total revenues252,08373,226316,69223,398665,399
Cost of sales (2)191,75667,787295,955-555,498
Selling, general and administrative16,2949,56022,142-47,996
Financial services expenses---13,36113,361
Other segment items (3)3,0239339,918-13,874
Total segment profit (loss)$$41,010$(5,054)$(11,323)$10,03734,670
Corporate and unallocated (4)34,331
Income before income taxes$339

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FAQ

What is Hovnanian Enterprises, Inc.'s financial services — interest income expense net?
Hovnanian Enterprises, Inc. (HOV) reported financial services — interest income expense net of $13.36M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s financial services — interest income expense net changed year-over-year?
Hovnanian Enterprises, Inc.'s financial services — interest income expense net increased by 3.6% year-over-year, from $12.89M to $13.36M.
What is the long-term trend for Hovnanian Enterprises, Inc.'s financial services — interest income expense net?
Over 3 years (2021 to 2024), Hovnanian Enterprises, Inc.'s financial services — interest income expense net has grown at a 1025.8% compound annual growth rate (CAGR), from -$35K to $49.94M.
What does financial services — interest income expense net mean?
The net result of interest earned on financial assets versus interest paid on debt or credit facilities within the financial services segment. This metric highlights the profitability of the segment's interest-bearing activities and its sensitivity to interest rate fluctuations. A positive net value indicates that the segment is effectively managing its interest rate spread.

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