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Hovnanian Enterprises, Inc. HOV Home Building — Preimpairment Value

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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 hov:PreimpairmentValue.

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 — preimpairment value?
Hovnanian Enterprises, Inc. (HOV) reported home building — preimpairment value of $18.85M in Q3 2025.
How has Hovnanian Enterprises, Inc.'s home building — preimpairment value changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — preimpairment value increased by 83.9% year-over-year, from $10.25M to $18.85M.
What is the long-term trend for Hovnanian Enterprises, Inc.'s home building — preimpairment value?
Over 2 years (2022 to 2025), Hovnanian Enterprises, Inc.'s home building — preimpairment value has grown at a 166.7% compound annual growth rate (CAGR), from $10.6M to $75.4M.
What does home building — preimpairment value mean?
The carrying amount of real estate assets prior to the recognition of any impairment charges. This metric establishes the baseline valuation of assets before accounting adjustments for market value declines.

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