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Hovnanian Enterprises, Inc. HOV Northeast — Cost of Goods Sold

Other geography segments

West
$295.96M+1.9%
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$67.79M+1.3%

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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$831.54M+50.5%
Enterprise value$1.77B+23.7%
P/E22.4×+19.8×
P/S0.3×+0.1×

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:CostOfGoodsAndServicesSold.

The official record: Hovnanian Enterprises, Inc.’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hovnanian Enterprises, Inc.'s northeast — cost of goods sold?
Hovnanian Enterprises, Inc. (HOV) reported northeast — cost of goods sold of $191.76M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s northeast — cost of goods sold changed year-over-year?
Hovnanian Enterprises, Inc.'s northeast — cost of goods sold decreased by 7.3% year-over-year, from $206.94M to $191.76M.
What does northeast — cost of goods sold mean?
This metric captures the direct costs associated with constructing homes and providing services within the Northeast segment, including materials, labor, and land development costs. It is a critical measure of production efficiency and direct cost control. Investors use this to evaluate the segment's gross margin performance relative to its revenue generation.