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Hovnanian Enterprises, Inc. HOV West — Number Of Communities Impaired

Other geography segments

Southeast
1

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BZHWest — # of Communities Impaired
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BZHWest — # of Lots Impaired
37
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LGIHWest — Inventory impairment
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BZHWest — Total impairment charges on projects in progress
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BZHWest — Total impairment charges on land held for sale
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BZHWest — Inventory impairments and abandonments
$1.17M+122%

Other financials

Income statement

See full
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+23.6%
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 hov:NumberOfCommunitiesImpaired.

The official record: Hovnanian Enterprises, Inc.’s 10-K, filed December 22, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hovnanian Enterprises, Inc.'s west — number of communities impaired?
Hovnanian Enterprises, Inc. (HOV) reported west — number of communities impaired of 1.3 in Q3 2025.
How has Hovnanian Enterprises, Inc.'s west — number of communities impaired changed year-over-year?
Hovnanian Enterprises, Inc.'s west — number of communities impaired increased by 150.0% year-over-year, from 0.5 to 1.3.
What is the long-term trend for Hovnanian Enterprises, Inc.'s west — number of communities impaired?
Over 3 years (2021 to 2025), Hovnanian Enterprises, Inc.'s west — number of communities impaired has grown at a 71.0% compound annual growth rate (CAGR), from 1 to 5.
What does west — number of communities impaired mean?
Indicates the count of residential communities within the West segment that have experienced a decline in value requiring an impairment charge. A rising number of impaired communities may signal regional market weakness or poor land acquisition decisions.