Hovnanian Enterprises, Inc. (HOV) — Financial statements
Income statement, balance sheet, and cash flow for Hovnanian Enterprises, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,979↓0.9% | 3,005↑9.0% | 2,756↓5.7% | 2,922↑5.0% | 2,783 | |
| Cost of Revenue | 2,558↑6.4% | 2,403↑10.4% | 2,176↓4.5% | 2,279↑1.6% | 2,242 | |
| Gross Profit | 421↓30.1% | 602↑3.7% | 580↓9.8% | 643↑19.0% | 541 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 350↑2.2% | 342↑231.6% | 103↓65.2% | 296↑7.1% | 277 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 202 | 0.00 | 0.00 | |
| SG&A Expenses | 350↑2.2% | 342↑12.3% | 305↑2.9% | 296↑7.1% | 277 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 350↑2.2% | 342↑12.3% | 305↑2.9% | 296↑7.1% | 277 | |
| Total Costs & Expenses | 307↓88.8% | 2,745↑10.7% | 2,479↓3.8% | 2,577↑2.3% | 2,520 | |
| Operating Results | ||||||
| Operating Income | 128↓50.8% | 260↓6.3% | 277↓19.4% | 344↑33.3% | 258 | |
| Depreciation & Amortization | 14↑79.3% | 8↓12.1% | 9↑61.2% | 5↑3.4% | 5 | |
| EBITDA | 135↓61.9% | 356↑25.3% | 284↓18.7% | 349↑32.7% | 263 | |
| EBIT | 122↓65.1% | 348↑26.5% | 275↓20.0% | 344↑33.3% | 258 | |
| Interest & Other Income | ||||||
| Net Interest Income | -35↓15.2% | -31↑43.1% | -54↓14.2% | -47↑39.1% | -78 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 35↑15.2% | 31↓43.1% | 54↑14.2% | 47↓39.1% | 78 | |
| Non-Operating Income | 6↑107.0% | -88↓4622.5% | 2 | 0.00 | 0.00 | |
| Other Income / Expenses | -42↓172.4% | 58↑374.6% | -21↑12.6% | -24↑64.7% | -68 | |
| Income Before Tax | 86↓72.9% | 317↑23.9% | 256↓20.0% | 320↑68.4% | 190 | |
| Income Tax Expense | 22↓70.4% | 75↑50.0% | 50↓46.9% | 94↑122.6% | -418 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 64↓73.6% | 242↑17.5% | 206↓8.7% | 225↓62.9% | 608 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 64↓73.6% | 242↑17.5% | 206↓8.7% | 225↓62.9% | 608 | |
| Bottom-Line Net Income | 51↓77.0% | 223↑24.3% | 179↓8.2% | 195↓64.5% | 549 | |
| EPS (Basic) | 7.95↓76.9% | 34.40↑19.6% | 28.76↓5.1% | 30.31↓65.4% | 87.50 | |
| EPS (Diluted) | 7.43↓76.6% | 31.79↑18.3% | 26.88↓7.3% | 29.00↓66.2% | 85.87 | |
| Weighted Average Shares | 6↓0.5% | 6↑4.0% | 6↓3.2% | 6↑2.4% | 6 | |
| Weighted Average Diluted Shares | 6↓8.0% | 7↑5.1% | 7↓0.9% | 7↑5.2% | 6 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.