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Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Net margin1.3%-5.8pp1.9%-6.0pp2.2%-5.9pp5.1%-3.4pp7%-1.0pp
EBITDA margin2.3%-7.2pp3.2%-7.6pp3.5%-7.3pp7%-4.3pp9.5%-1.1pp
Returns
Return on equity4.5%-24.8pp6.9%-27.8pp7.9%-27.1pp20.7%-20.7pp29.3%-13.0pp
Return on assets1.4%-7.5pp2.2%-7.9pp2.5%-7.0pp6.1%-3.8pp8.8%-0.7pp
Return on invested capital3.1%-10.0pp4.5%-10.5pp5.2%-9.2pp9.6%-6.0pp13.1%-1.3pp
Efficiency
Asset turnover1.1×-0.2×1.1×-0.2×1.1×0.0×1.2×0.0×1.3×+0.1×
Leverage
Debt-to-equity1.1×+0.1×1.1×0.0×1.1×0.0×1.1×-0.3×1.1×-0.4×
Debt-to-assets0.3×0.0×0.3×0.0×0.4×0.0×0.3×0.0×0.3×-0.1×
Net debt / EBITDA13.7×+10.7×9.9×+7.2×8.8×+6.0×+1.2×-0.1×
Per Share
Book value per share$128.57+8.9%$120.25+4.8%$120.57+5.6%$121.30+21.5%$118.02+25.9%
Valuation
Market capitalization$831.54M+50.5%$670.57M-16.4%$708.41M-33.5%$692.71M-44.9%$584.88M-35.1%
Enterprise value$1.77B+23.7%$1.6B-6.0%$1.62B-17.9%$1.57B-27.7%$1.46B-20.9%
Price / earnings22.4×+19.8×11.7×+8.5×11×+6.6×4.4×-0.8×2.7×-1.2×
Price / sales0.3×+0.1×0.2×0.0×0.2×-0.1×0.2×-0.2×0.2×-0.1×
Price / book+0.3×0.8×-0.2×0.9×-0.5×0.8×-1.0×0.7×-0.7×
EV / EBITDA25.9×+21.0×17.1×+12.0×15.6×+9.5×7.2×+0.6×-1.1×
EV / sales0.6×+0.1×0.5×0.0×0.5×-0.1×0.5×-0.2×0.5×-0.2×
Earnings yield4.5%-34.5pp8.5%-22.2pp9.1%-13.6pp22.9%+3.5pp36.8%+11.5pp

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Questions, answered.

Where do Hovnanian Enterprises, Inc.'s ratios come from?
Every ratio is computed from Hovnanian Enterprises, Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.