Hovnanian Pretax Profit Margin from 2010 to 2024

HOV Stock  USD 150.25  11.37  8.19%   
Hovnanian Enterprises Pretax Profit Margin yearly trend continues to be fairly stable with very little volatility. Pretax Profit Margin is likely to outpace its year average in 2024. During the period from 2010 to 2024, Hovnanian Enterprises Pretax Profit Margin regression line of quarterly data had mean square error of  0 and geometric mean of  0.03. View All Fundamentals
 
Pretax Profit Margin  
First Reported
2010-12-31
Previous Quarter
0.11
Current Value
0.11
Quarterly Volatility
0.05792616
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hovnanian Enterprises financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hovnanian main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.8 B, Interest Expense of 78.8 M or Total Revenue of 2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.17, Dividend Yield of 0.0211 or PTB Ratio of 0.79. Hovnanian financial statements analysis is a perfect complement when working with Hovnanian Enterprises Valuation or Volatility modules.
  
This module can also supplement various Hovnanian Enterprises Technical models . Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.

Latest Hovnanian Enterprises' Pretax Profit Margin Growth Pattern

Below is the plot of the Pretax Profit Margin of Hovnanian Enterprises over the last few years. It is Hovnanian Enterprises' Pretax Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hovnanian Enterprises' overall financial position and show how it may be relating to other accounts over time.
Pretax Profit Margin10 Years Trend
Slightly volatile
   Pretax Profit Margin   
       Timeline  

Hovnanian Pretax Profit Margin Regression Statistics

Arithmetic Mean0.03
Geometric Mean0.03
Coefficient Of Variation166.80
Mean Deviation0.05
Median0.01
Standard Deviation0.06
Sample Variance0
Range0.1782
R-Value0.62
Mean Square Error0
R-Squared0.38
Significance0.01
Slope0.01
Total Sum of Squares0.05

Hovnanian Pretax Profit Margin History

2022 0.0929
2021 0.11
2020 0.0682
2019 0.0236
2018 -0.0197
2017 0.004091
2016 -0.0185

About Hovnanian Enterprises Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Hovnanian Enterprises income statement, its balance sheet, and the statement of cash flows. Hovnanian Enterprises investors use historical funamental indicators, such as Hovnanian Enterprises's Pretax Profit Margin, to determine how well the company is positioned to perform in the future. Although Hovnanian Enterprises investors may use each financial statement separately, they are all related. The changes in Hovnanian Enterprises's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Hovnanian Enterprises's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Hovnanian Enterprises Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Hovnanian Enterprises. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.09  0.11 

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When determining whether Hovnanian Enterprises is a strong investment it is important to analyze Hovnanian Enterprises' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hovnanian Enterprises' future performance. For an informed investment choice regarding Hovnanian Stock, refer to the following important reports:
Check out the analysis of Hovnanian Enterprises Correlation against competitors.
For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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When running Hovnanian Enterprises' price analysis, check to measure Hovnanian Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hovnanian Enterprises is operating at the current time. Most of Hovnanian Enterprises' value examination focuses on studying past and present price action to predict the probability of Hovnanian Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hovnanian Enterprises' price. Additionally, you may evaluate how the addition of Hovnanian Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Hovnanian Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hovnanian Enterprises. If investors know Hovnanian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hovnanian Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.288
Earnings Share
27.53
Revenue Per Share
449.441
Quarterly Revenue Growth
0.153
Return On Assets
0.0721
The market value of Hovnanian Enterprises is measured differently than its book value, which is the value of Hovnanian that is recorded on the company's balance sheet. Investors also form their own opinion of Hovnanian Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Hovnanian Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hovnanian Enterprises' market value can be influenced by many factors that don't directly affect Hovnanian Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hovnanian Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Hovnanian Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hovnanian Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.