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Hovnanian Enterprises, Inc. HOV Home Building — Cost Of Goods And Services Sold Interest

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AXRHome Sales — Cost of Goods Sold
$4.66M+120%

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$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 hov:CostOfGoodsAndServicesSoldInterest.

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
Line itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025Six Months Ended April 30, 2026Six Months Ended April 30, 2025
Expenses:
Homebuilding:
Cost of sales, excluding interest531,061543,2891,040,6921,076,579
Cost of sales interest15,96619,93832,55739,294
Inventory impairments and land option write-offs8,7503,05611,1094,096
Total cost of sales555,777566,2831,084,3581,119,969
Selling, general and administrative56,99851,064107,279105,317
Total homebuilding expenses612,775617,3471,191,6371,225,286

Document

FAQ

What is Hovnanian Enterprises, Inc.'s home building — cost of goods and services sold interest?
Hovnanian Enterprises, Inc. (HOV) reported home building — cost of goods and services sold interest of $15.97M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s home building — cost of goods and services sold interest changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — cost of goods and services sold interest decreased by 19.9% year-over-year, from $19.94M to $15.97M.
What is the long-term trend for Hovnanian Enterprises, Inc.'s home building — cost of goods and services sold interest?
Over 3 years (2022 to 2025), Hovnanian Enterprises, Inc.'s home building — cost of goods and services sold interest has grown at a 2.2% compound annual growth rate (CAGR), from $85.24M to $90.98M.
What does home building — cost of goods and services sold interest mean?
This metric represents the portion of interest expense directly attributable to the cost of producing homes and related services. It reflects the financing costs capitalized into the inventory of homes under construction and subsequently recognized as an expense upon sale. Monitoring this helps investors understand the impact of debt financing on the direct production costs of the homebuilding segment.

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