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Hovnanian Enterprises, Inc. HOV Deposits Associated With Land And Lot Options Of Unconsolidated Variable Interest Entities

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$831.36M+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:DepositsAssociatedWithLandAndLotOptionsOfUnconsolidatedVariableInterestEntities.

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 deposits associated with land and lot options of unconsolidated variable interest entities?
Hovnanian Enterprises, Inc. (HOV) reported deposits associated with land and lot options of unconsolidated variable interest entities of $340.8M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s deposits associated with land and lot options of unconsolidated variable interest entities changed year-over-year?
Hovnanian Enterprises, Inc.'s deposits associated with land and lot options of unconsolidated variable interest entities increased by 11.3% year-over-year, from $306.3M to $340.8M.
What is the long-term trend for Hovnanian Enterprises, Inc.'s deposits associated with land and lot options of unconsolidated variable interest entities?
Over 2 years (2023 to 2025), Hovnanian Enterprises, Inc.'s deposits associated with land and lot options of unconsolidated variable interest entities has grown at a 31.6% compound annual growth rate (CAGR), from $192.3M to $333.2M.