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Hovnanian Enterprises, Inc. HOV Home Building — Inventory Real Estate

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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:InventoryRealEstate.

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 itemApril 30, 2026October 31, 2025
Sold and unsold homes and lots under development1,196,9301,132,798
Land and land options held for future development or sale157,536171,793
Consolidated inventory not owned369,121332,879
Total inventories1,723,5871,637,470
Investments in and advances to unconsolidated joint ventures148,480163,469
Receivables, deposits and notes, net47,36826,454
Property and equipment, net56,01150,539
Goodwill31,705-

Document

FAQ

What is Hovnanian Enterprises, Inc.'s home building — inventory real estate?
Hovnanian Enterprises, Inc. (HOV) reported home building — inventory real estate of $1.72B in Q1 2026.
How has Hovnanian Enterprises, Inc.'s home building — inventory real estate changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — inventory real estate decreased by 1.2% year-over-year, from $1.74B to $1.72B.
What does home building — inventory real estate mean?
The aggregate book value of all real estate assets held for sale or development, including finished homes, work-in-progress, and raw land. It serves as a primary indicator of the scale and capital intensity of the homebuilding segment.

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