Hovnanian Historical Income Statement
HOV Stock | USD 128.50 4.22 3.18% |
Historical analysis of Hovnanian Enterprises income statement accounts such as Total Revenue of 2 B or Gross Profit of 343.9 M can show how well Hovnanian Enterprises performed in making a profits. Evaluating Hovnanian Enterprises income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hovnanian Enterprises's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hovnanian Enterprises latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hovnanian Enterprises is a good buy for the upcoming year.
Hovnanian |
About Hovnanian Income Statement Analysis
Hovnanian Enterprises Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hovnanian Enterprises shareholders. The income statement also shows Hovnanian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Hovnanian Enterprises Income Statement Chart
Hovnanian Enterprises Income Statement is one of the three primary financial statements used for reporting Hovnanian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hovnanian Enterprises revenue and expense. Hovnanian Enterprises Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Hovnanian Enterprises' Non Operating Income Net Other is fairly stable compared to the past year. Tax Provision is likely to climb to about 47.3 M in 2024, whereas Gross Profit is likely to drop slightly above 343.9 M in 2024. Add Fundamental
Total Revenue
Total revenue comprises all receipts Hovnanian Enterprises generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Hovnanian Enterprises minus its cost of goods sold. It is profit before Hovnanian Enterprises operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hovnanian Enterprises. It is also known as Hovnanian Enterprises overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Hovnanian Enterprises' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hovnanian Enterprises current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.At this time, Hovnanian Enterprises' Non Operating Income Net Other is fairly stable compared to the past year. Tax Provision is likely to climb to about 47.3 M in 2024, whereas Gross Profit is likely to drop slightly above 343.9 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 2.9B | 2.8B | 3.2B | 2.0B | Interest Expense | 47.3M | 54.1M | 62.2M | 78.8M |
Hovnanian Enterprises income statement Correlations
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Hovnanian Enterprises Account Relationship Matchups
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Hovnanian Enterprises income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 5.3M | 5.3M | 5.5M | 4.8B | 5.5B | 5.8B | |
Interest Expense | 103.8M | 77.7M | 47.3M | 54.1M | 62.2M | 78.8M | |
Total Revenue | 2.3B | 2.8B | 2.9B | 2.8B | 3.2B | 2.0B | |
Gross Profit | 372.2M | 540.8M | 643.4M | 580.1M | 667.2M | 343.9M | |
Other Operating Expenses | 2.2B | 2.5B | 2.6B | 2.5B | 2.9B | 2.0B | |
Operating Income | 140.6M | 266.0M | 368.4M | (4.5B) | (4.0B) | (3.8B) | |
Ebit | 140.6M | 266.0M | 368.4M | (4.5B) | (4.0B) | (3.8B) | |
Ebitda | 145.9M | 271.3M | 373.9M | 335.7M | 386.0M | 405.3M | |
Total Operating Expenses | 242.9M | 278.3M | 298.6M | 304.8M | 350.5M | 279.9M | |
Income Before Tax | 55.4M | 189.9M | 319.8M | 256.0M | 230.4M | 241.9M | |
Total Other Income Expense Net | (85.2M) | (76.2M) | (48.7M) | 34.7M | 31.2M | 32.8M | |
Net Income | 50.9M | 607.8M | 225.5M | 205.9M | 236.8M | 248.6M | |
Income Tax Expense | 4.5M | (418.0M) | 94.3M | 50.1M | 45.1M | 47.3M | |
Cost Of Revenue | 2.0B | 2.2B | 2.3B | 2.2B | 2.5B | 1.9B | |
Selling General Administrative | 241.8M | 276.6M | 296.2M | 304.8M | 350.5M | 368.0M | |
Net Income Applicable To Common Shares | 46.3M | 607.8M | 214.8M | 179.2M | 161.3M | 86.5M | |
Net Income From Continuing Ops | 50.9M | 607.8M | 225.5M | 205.9M | 236.8M | 248.6M | |
Non Operating Income Net Other | 16.5M | (13.5M) | 5.1M | 22.2M | 25.6M | 26.9M | |
Tax Provision | 4.5M | (418.0M) | 94.3M | 50.1M | 45.1M | 47.3M | |
Interest Income | 97.6M | 127.3M | 113.0M | 60.7M | 54.7M | 90.2M | |
Net Interest Income | (103.8M) | (77.7M) | (47.3M) | (54.1M) | (62.2M) | (65.3M) | |
Reconciled Depreciation | 5.3M | 5.3M | 5.5M | 8.8M | 10.1M | 5.7M |
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hovnanian Enterprises. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. For more information on how to buy Hovnanian Stock please use our How to Invest in Hovnanian Enterprises guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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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.