Hovnanian Enterprises, Inc.
HOVFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
10/31/2025
Revenue
2,979
Cost of Revenue
95
Gross Profit
2,884
Gross Margin
96.8%
Operating Income
2,671
Operating Margin
89.7%
Net Income
64
Net Margin
2.1%
EPS (Basic)
$7.95
EPS (Diluted)
$7.95
EBITDA
2,671
EBITDA Margin
89.7%
2024
10/31/2024
Revenue
3,005
Cost of Revenue
2,403
Gross Profit
602
Gross Margin
20.0%
Operating Income
260
Operating Margin
8.6%
Net Income
242
Net Margin
8.1%
EPS (Basic)
$34.40
EPS (Diluted)
$31.79
EBITDA
356
EBITDA Margin
11.8%
2023
10/31/2023
Revenue
2,756
Cost of Revenue
2,176
Gross Profit
580
Gross Margin
21.0%
Operating Income
277
Operating Margin
10.0%
Net Income
206
Net Margin
7.5%
EPS (Basic)
$28.76
EPS (Diluted)
$26.88
EBITDA
284
EBITDA Margin
10.3%
2022
10/31/2022
Revenue
2,922
Cost of Revenue
2,279
Gross Profit
643
Gross Margin
22.0%
Operating Income
368
Operating Margin
12.6%
Net Income
225
Net Margin
7.7%
EPS (Basic)
$30.31
EPS (Diluted)
$29.00
EBITDA
364
EBITDA Margin
12.5%
2021
10/31/2021
Revenue
2,783
Cost of Revenue
2,242
Gross Profit
541
Gross Margin
19.4%
Operating Income
266
Operating Margin
9.6%
Net Income
608
Net Margin
21.8%
EPS (Basic)
$87.50
EPS (Diluted)
$85.87
EBITDA
271
EBITDA Margin
9.8%