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Hovnanian Enterprises, Inc. HOV Home Building — Number Of Communities Impaired

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BKDNumber of communities leased
176-25.1%

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 hov:NumberOfCommunitiesImpaired.

The source filing: Hovnanian Enterprises, Inc.’s 10-K, filed December 22, 2025.

Filed
Dec 22, 2025, 4:14 PM EST
Fiscal year
FY2025
Accession
0001753926-25-001938
(Dollars in millions)Year Ended October 31, 2025 / Number of / CommunitiesYear Ended October 31, 2025 / Dollar / Amount of / ImpairmentYear Ended October 31, 2025 / Pre- / Impairment / Value (1)
Northeast6$12.4$39.8
Southeast11.14.0
West57.931.6
Total12$21.4$75.4

ITEM 7A

FAQ

What is Hovnanian Enterprises, Inc.'s home building — number of communities impaired?
Hovnanian Enterprises, Inc. (HOV) reported home building — number of communities impaired of 3 in Q3 2025.
How has Hovnanian Enterprises, Inc.'s home building — number of communities impaired changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — number of communities impaired increased by 200.0% year-over-year, from 1 to 3.
What is the long-term trend for Hovnanian Enterprises, Inc.'s home building — number of communities impaired?
Over 2 years (2022 to 2025), Hovnanian Enterprises, Inc.'s home building — number of communities impaired has grown at a 246.4% compound annual growth rate (CAGR), from 1 to 12.
What does home building — number of communities impaired mean?
The count of individual residential communities or projects that required a write-down of asset value during the reporting period. This provides insight into the geographic or project-specific scope of asset devaluation risks.

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