Hovnanian Enterprises IncHOV
What Hovnanian Enterprises Inc does.
Hovnanian Enterprises, Inc. (“HEI”) conducts all of its homebuilding and financial services operations through its subsidiaries (references herein to the “Company,” “we,” “us” or “our” refer to HEI and its consolidated subsidiaries and should be understood to reflect the consolidated business of HEI’s subsidiaries). Through its subsidiaries, HEI designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments and is one of the nation’s largest builders of residential homes. Founded in 1959 by Kevork Hovnanian, HEI was incorporated in New Jersey in 1967 and reincorporated in Delaware in 1983 . Since the incorporation of HEI’s predecessor company, the Company combined with its unconsolidated joint ventures have delivered in excess of 382,000 homes, including 6,431 homes in fiscal 2025 . The Company has two distinct operations: homebuilding and financial services. Our homebuilding operations consist of three reportable segments: Northeast, Southeast and West. Our financial services operations provide mortgage loans and title services to the customers of our homebuilding operations.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.3B | $2.8B | $2.9B | $2.8B | $3.0B | $3.0B |
| Net income | $50.9M | $607.8M | $225.5M | $205.9M | $242.0M | $63.9M |
| Free cash flow | $289.4M | $204.3M | $76.9M | $416.5M | $5.8M | $166.2M |
More on HOV.
- Hovnanian Enterprises Inc summary
- Hovnanian Enterprises Inc financial statements
- Hovnanian Enterprises Inc key metrics
- Hovnanian Enterprises Inc health scores and style box
- Hovnanian Enterprises Inc earnings
- Hovnanian Enterprises Inc dividends
- Hovnanian Enterprises Inc valuation
- Hovnanian Enterprises Inc ownership and insiders
- Hovnanian Enterprises Inc peers
Figures from Hovnanian Enterprises Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.