Hovnanian Enterprises Past Earnings Performance
Past criteria checks 5/6
Hovnanian Enterprises has been growing earnings at an average annual rate of 19%, while the Consumer Durables industry saw earnings growing at 19% annually. Revenues have been growing at an average rate of 6.9% per year. Hovnanian Enterprises's return on equity is 34.8%, and it has net margins of 7.6%.
Key information
19.0%
Earnings growth rate
18.8%
EPS growth rate
| Consumer Durables Industry Growth | 24.5% |
| Revenue growth rate | 6.9% |
| Return on equity | 34.8% |
| Net Margin | 7.6% |
| Last Earnings Update | 31 Jul 2024 |
Recent past performance updates
Recent updates
These 4 Measures Indicate That Hovnanian Enterprises (NYSE:HOV) Is Using Debt Extensively
Aug 18
There's No Escaping Hovnanian Enterprises, Inc.'s (NYSE:HOV) Muted Earnings Despite A 27% Share Price Rise
Jul 21Hovnanian Enterprises (NYSE:HOV) Is Looking To Continue Growing Its Returns On Capital
Jul 12Hovnanian Enterprises, Inc. (NYSE:HOV) Could Be Riskier Than It Looks
May 23Hovnanian Enterprises Preferred Stock Diversity Comes With Risks
Apr 06Hovnanian Enterprises (NYSE:HOV) Is Doing The Right Things To Multiply Its Share Price
Feb 23Hovnanian Enterprises (NYSE:HOV) Has A Somewhat Strained Balance Sheet
Feb 06Investors Still Aren't Entirely Convinced By Hovnanian Enterprises, Inc.'s (NYSE:HOV) Earnings Despite 36% Price Jump
Jan 04Here's Why Hovnanian Enterprises (NYSE:HOV) Has A Meaningful Debt Burden
Nov 03Hovnanian's Valuation, Ownership, And Debt Concerns: Is It A Viable Investment?
Sep 28Hovnanian Enterprises (NYSE:HOV) Might Have The Makings Of A Multi-Bagger
Sep 05Hovnanian Enterprises (NYSE:HOV) Takes On Some Risk With Its Use Of Debt
Jul 13Buy Homebuilder Hovnanian, It's Still A Solid Value Play
Jun 02It's Unlikely That Hovnanian Enterprises, Inc.'s (NYSE:HOV) CEO Will See A Huge Pay Rise This Year
Mar 22Hovnanian Enterprises (NYSE:HOV) Is Experiencing Growth In Returns On Capital
Jan 25Does Hovnanian Enterprises (NYSE:HOV) Have A Healthy Balance Sheet?
Dec 31Hovnanian Enterprises: Home-Ageddon Is Upon It
Dec 21Hovnanian GAAP EPS of $7.24, revenue of $886.79M
Dec 08Returns Are Gaining Momentum At Hovnanian Enterprises (NYSE:HOV)
Oct 18Revenue & Expenses Breakdown
How Hovnanian Enterprises makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jul 24 | 2,912 | 221 | 335 | 0 |
| 30 Apr 24 | 2,840 | 202 | 321 | 0 |
| 31 Jan 24 | 2,835 | 185 | 317 | 0 |
| 31 Oct 23 | 2,756 | 179 | 305 | 0 |
| 31 Jul 23 | 2,756 | 146 | 305 | 0 |
| 30 Apr 23 | 2,873 | 168 | 305 | 0 |
| 31 Jan 23 | 2,872 | 190 | 297 | 0 |
| 31 Oct 22 | 2,922 | 195 | 296 | 0 |
| 31 Jul 22 | 2,850 | 191 | 285 | 0 |
| 30 Apr 22 | 2,773 | 163 | 271 | 0 |
| 31 Jan 22 | 2,774 | 553 | 285 | 0 |
| 31 Oct 21 | 2,783 | 550 | 277 | 0 |
| 31 Jul 21 | 2,652 | 538 | 272 | 0 |
| 30 Apr 21 | 2,589 | 509 | 272 | 0 |
| 31 Jan 21 | 2,425 | 73 | 245 | 0 |
| 31 Oct 20 | 2,344 | 46 | 242 | 0 |
| 31 Jul 20 | 2,374 | 8 | 230 | 0 |
| 30 Apr 20 | 2,228 | -14 | 229 | 0 |
| 31 Jan 20 | 2,130 | -34 | 233 | 0 |
| 31 Oct 19 | 2,017 | -42 | 233 | 0 |
| 31 Jul 19 | 1,918 | 6 | 230 | 0 |
| 30 Apr 19 | 1,893 | 12 | 226 | 0 |
| 31 Jan 19 | 1,955 | 18 | 227 | 0 |
| 31 Oct 18 | 1,991 | 4 | 229 | 0 |
| 31 Jul 18 | 2,098 | -30 | 238 | 0 |
| 30 Apr 18 | 2,233 | -366 | 246 | 0 |
| 31 Jan 18 | 2,317 | -363 | 245 | 0 |
| 31 Oct 17 | 2,452 | -332 | 243 | 0 |
| 31 Jul 17 | 2,535 | -322 | 237 | 0 |
| 30 Apr 17 | 2,660 | 15 | 242 | 0 |
| 31 Jan 17 | 2,729 | 13 | 249 | 0 |
| 31 Oct 16 | 2,752 | -3 | 253 | 0 |
| 31 Jul 16 | 2,640 | 0 | 249 | 0 |
| 30 Apr 16 | 2,464 | -7 | 250 | 0 |
| 31 Jan 16 | 2,278 | -18 | 250 | 0 |
| 31 Oct 15 | 2,148 | -16 | 251 | 0 |
| 31 Jul 15 | 2,154 | 274 | 267 | 0 |
| 30 Apr 15 | 2,164 | 299 | 266 | 0 |
| 31 Jan 15 | 2,145 | 310 | 259 | 0 |
| 31 Oct 14 | 2,063 | 300 | 255 | 0 |
| 31 Jul 14 | 1,957 | 17 | 253 | 0 |
| 30 Apr 14 | 1,884 | 9 | 242 | 0 |
| 31 Jan 14 | 1,857 | 18 | 231 | 0 |
Quality Earnings: HOV has high quality earnings.
Growing Profit Margin: HOV's current net profit margins (7.6%) are higher than last year (5.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HOV's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: HOV's earnings growth over the past year (51.3%) exceeds its 5-year average (19% per year).
Earnings vs Industry: HOV earnings growth over the past year (51.3%) exceeded the Consumer Durables industry 1.1%.
Return on Equity
High ROE: Whilst HOV's Return on Equity (34.82%) is high, this metric is skewed due to their high level of debt.