HOVNYSEOperative BuildersFiscal year ends October 31Also trades as HOVNP, HOVVB
HOVNANIAN ENTERPRISES INC
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Aug 28, 2026
$90.75−6.52 (-6.70%)
Close on Oct 19, 2026
- Market cap
- $581.89M
- P/E (TTM)
- 102.0
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Net margin
–
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.9% | +0.6% | +4.9% | +3.3% | |
| EPS, diluted | -76.6% | -36.5% | +1.1% | – | |
| Free cash flow | +2774.6% | +29.3% | -10.5% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 2.2% | – | – | |
| Return on assets | -0.1% | – | – | |
| Capex to revenue | 0.3% | 0.1% | 0.7% | |
| Diluted shares | 6M | 7M | 7M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Hovnanian Enterprises generated $946.87M from operations and spent $193.91M on capital expenditure, dividends and share buybacks. 40% of that went back into the business.
Generated
$946.87M
Used
$193.91M
Capital expenditure$77.31M40%Dividends$42.80M22%Share buybacks$73.79M38%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin0.2%
×Asset turnover1.12×
×Equity multiplier-3.90×
=Return on equity, FY2018-1.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2018 | 0.2% | 1.12× | -3.90× | -1.0% |
| FY2017 | -13.5% | 1.15× | -7.23× | 112.8% |
| FY2016 | -0.1% | 1.11× | -19.32× | 2.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 3 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero$188.28M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$188.28M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise7M → 7M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose1.21 → 1.14