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Discontinued — last reported Q2 '26

Invested capital at other companies

Travel + Leisure logo
Travel + LeisureTNL
18.8%+0.1pp
Belden logo
BeldenBDC
12.2%+0.5pp
Cabot Corporation logo
Cabot CorporationCBT
14.7%-6.0pp
Unifirst logo
UnifirstUNF
6.2%-0.9pp
Envista Holdings Corporation logo
Envista Holdings CorporationNVST
3.4%+1.8pp
Liberty Broadband Corporation logo
Liberty Broadband CorporationLBRDK
-0.3%-0.1pp

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

Calculated from Hovnanian Enterprises, Inc.’s reported figures.

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 invested capital?
Hovnanian Enterprises, Inc. (HOV) reported invested capital of $1.76B in Q1 2026.
How has Hovnanian Enterprises, Inc.'s invested capital changed year-over-year?
Hovnanian Enterprises, Inc.'s invested capital increased by 3.7% year-over-year, from $1.7B to $1.76B.
What is the long-term trend for Hovnanian Enterprises, Inc.'s invested capital?
Over 5 years (2020 to 2025), Hovnanian Enterprises, Inc.'s invested capital has grown at a 11.9% compound annual growth rate (CAGR), from $994.18M to $1.75B.
What does invested capital mean?
Total debt plus shareholders' equity minus cash, at the quarter end. The capital actually put to work in the operating business — the denominator of return on invested capital (ROIC).