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Hovnanian Enterprises, Inc. HOV Standard and Extended Product Warranty Accrual

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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$831.36M+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 us-gaap:ProductWarrantyAccrual.

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 standard and extended product warranty accrual?
Hovnanian Enterprises, Inc. (HOV) reported standard and extended product warranty accrual of $103.64M in Q1 2026.
How has Hovnanian Enterprises, Inc.'s standard and extended product warranty accrual changed year-over-year?
Hovnanian Enterprises, Inc.'s standard and extended product warranty accrual increased by 12.9% year-over-year, from $91.8M to $103.64M.
What is the long-term trend for Hovnanian Enterprises, Inc.'s standard and extended product warranty accrual?
Over 3 years (2022 to 2025), Hovnanian Enterprises, Inc.'s standard and extended product warranty accrual has grown at a 2.0% compound annual growth rate (CAGR), from $97.72M to $103.82M.