Hovnanian Enterprises Inc. (HOVVB) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
90 MATAWAN ROAD, 5TH FLOOR MATAWAN, NJ 07747 |
| State of Incorp. | DE |
| Fiscal Year End | October 31 |
| Industry (SIC) | 1531 - Operative Builders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 7/31/2025 MRQ | 1/31/2025 MRQ | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 15 | 14 | 11 | 13 | 16 | 16 | |||
| Cash and cash equivalent | 15 | 14 | 11 | 13 | 16 | 16 | |||
| Total current assets: | 15 | 14 | 11 | 13 | 16 | 16 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 24 | 29 | |||||||
| Inventory, real estate | 53 | 58 | 52 | 60 | 58 | 67 | |||
| Property, plant and equipment | 43 | 34 | 26 | 19 | 18 | ||||
| Long-term investments and receivables | 143 | 98 | 75 | 61 | 103 | ||||
| Long-term investments | 143 | 98 | 75 | 61 | 103 | ||||
| Deferred income tax assets | 230 | 241 | 303 | 345 | 426 | ||||
| Total noncurrent assets: | 307 | 514 | 487 | 505 | 563 | 188 | |||
| Other undisclosed assets | 2,212 | 2,078 | 1,995 | 2,043 | 1,741 | 1,623 | |||
| TOTAL ASSETS: | 2,533 | 2,606 | 2,493 | 2,562 | 2,321 | 1,827 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 1,722 | 1,805 | 1,911 | 2,179 | 2,145 | 2,263 | |||
| Total liabilities: | 1,722 | 1,805 | 1,911 | 2,179 | 2,145 | 2,263 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 811 | 800 | 582 | 383 | 175 | (437) | |||
| Preferred stock | 135 | 135 | 135 | 135 | 135 | 135 | |||
| Treasury stock, value | (177) | (159) | (132) | (128) | (115) | (115) | |||
| Additional paid in capital | 753 | 750 | 736 | 728 | 722 | 718 | |||
| Retained earnings (accumulated deficit) | 100 | 74 | (157) | (352) | (567) | (1,175) | |||
| Other undisclosed equity, attributable to parent | 0 | 0 | 0 | 0 | 0 | ||||
| Equity, attributable to noncontrolling interest | 0 | 0 | 0 | 1 | |||||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | 811 | 800 | 582 | 383 | 175 | (436) | |||
| TOTAL LIABILITIES AND EQUITY: | 2,533 | 2,606 | 2,493 | 2,562 | 2,321 | 1,827 | |||
Income Statement (P&L) ($ in millions)
| 7/31/2025 TTM | 1/31/2025 TTM | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,084 | 3,005 | 2,756 | 2,922 | 2,783 | 2,344 | ||
| Cost of revenue | (2,806) | (2,741) | (2,518) | (2,625) | (0) | (2,290) | ||
| Provision for loan, lease, and other losses | (0) | (0) | ||||||
| Gross profit: | 278 | 263 | 238 | 298 | 2,783 | 54 | ||
| Operating expenses | (28) | |||||||
| Other operating income (expense), net | 67 | 46 | (1) | |||||
| Operating income: | 345 | 310 | 238 | 298 | 2,783 | 24 | ||
| Interest and debt expense | 1 | (26) | (7) | (4) | (165) | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 345 | 311 | 213 | 291 | 2,779 | (140) | ||
| Income from equity method investments | 47 | 52 | 43 | 29 | 9 | 17 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (67) | (46) | (2,598) | 179 | ||||
| Income from continuing operations before income taxes: | 324 | 317 | 256 | 320 | 190 | 55 | ||
| Income tax expense (benefit) | (78) | (75) | (50) | (94) | 418 | (4) | ||
| Income from continuing operations: | 246 | 242 | 206 | 225 | 608 | 51 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | 225 | 608 | 51 | |
| Net income attributable to parent: | 246 | 242 | 206 | 225 | 608 | 51 | ||
| Undistributed earnings (loss) allocated to participating securities, basic | (8) | (8) | (16) | (20) | (58) | (5) | ||
| Other undisclosed net loss available to common stockholders, basic | (11) | (11) | (11) | (11) | ||||
| Net income available to common stockholders, basic: | 228 | 223 | 179 | 195 | 550 | 46 | ||
| Other undisclosed net loss available to common stockholders, diluted | (0) | (0) | (0) | (0) | (1) | |||
| Net income available to common stockholders, diluted: | 228 | 223 | 179 | 195 | 549 | 46 | ||
Comprehensive Income ($ in millions)
| 7/31/2025 TTM | 1/31/2025 TTM | 10/31/2024 | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 246 | 242 | 206 | 225 | 608 | 51 | ||
| Comprehensive income, net of tax, attributable to parent: | 246 | 242 | 206 | 225 | 608 | 51 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.