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Hovnanian Enterprises, Inc. HOV Home Building — Prepaid Expense And Other Assets

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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

See full
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:PrepaidExpenseAndOtherAssets.

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
Property and equipment, net56,01150,539
Goodwill31,705-
Deferred tax assets, net222,166229,617
Prepaid expenses and other assets120,16189,773
Total homebuilding2,670,3382,482,702
Financial services158,486151,211
Total assets$2,828,824$2,633,913
LIABILITIES AND EQUITY

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FAQ

What is Hovnanian Enterprises, Inc.'s home building — prepaid expense and other assets?
Hovnanian Enterprises, Inc. (HOV) reported home building — prepaid expense and other assets of $120.16M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s home building — prepaid expense and other assets changed year-over-year?
Hovnanian Enterprises, Inc.'s home building — prepaid expense and other assets increased by 43.0% year-over-year, from $84.06M to $120.16M.
What does home building — prepaid expense and other assets mean?
Includes payments made in advance for services or goods not yet received, along with miscellaneous assets not classified elsewhere. It provides visibility into short-term operational commitments and non-inventory resource allocation.

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