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.
 
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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.
  
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.

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.

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 Revenue2.9B2.8B3.2B2.0B
Interest Expense47.3M54.1M62.2M78.8M

Hovnanian Enterprises income statement Correlations

-0.280.320.470.29-0.99-0.990.760.660.640.860.320.20.330.61-0.170.230.570.15-0.70.650.640.82
-0.280.25-0.340.340.30.3-0.32-0.2-0.52-0.66-0.29-0.050.310.0-0.620.09-0.240.020.51-0.58-0.32-0.4
0.320.250.790.99-0.31-0.310.620.830.520.140.330.010.990.75-0.690.390.23-0.01-0.440.470.610.53
0.47-0.340.790.72-0.47-0.470.820.90.840.530.58-0.050.720.69-0.330.430.47-0.1-0.770.780.860.77
0.290.340.990.72-0.28-0.280.570.790.450.080.280.021.00.74-0.730.360.180.01-0.370.390.550.47
-0.990.3-0.31-0.47-0.281.0-0.71-0.64-0.61-0.85-0.28-0.21-0.31-0.570.15-0.2-0.55-0.170.7-0.64-0.61-0.84
-0.990.3-0.31-0.47-0.281.0-0.71-0.64-0.61-0.85-0.28-0.21-0.31-0.570.15-0.2-0.55-0.170.7-0.64-0.61-0.84
0.76-0.320.620.820.57-0.71-0.710.840.950.750.630.020.60.8-0.350.50.67-0.06-0.820.870.840.74
0.66-0.20.830.90.79-0.64-0.640.840.780.60.50.040.80.87-0.430.330.440.04-0.730.730.80.8
0.64-0.520.520.840.45-0.61-0.610.950.780.780.69-0.050.480.71-0.190.460.67-0.13-0.810.890.820.7
0.86-0.660.140.530.08-0.85-0.850.750.60.780.480.080.120.510.120.20.640.02-0.710.730.670.78
0.32-0.290.330.580.28-0.28-0.280.630.50.690.48-0.750.290.44-0.140.810.64-0.73-0.440.530.580.4
0.2-0.050.01-0.050.02-0.21-0.210.020.04-0.050.08-0.750.040.060.01-0.69-0.250.89-0.130.07-0.050.1
0.330.310.990.721.0-0.31-0.310.60.80.480.120.290.040.77-0.710.340.180.01-0.370.420.560.48
0.610.00.750.690.74-0.57-0.570.80.870.710.510.440.060.77-0.60.250.360.06-0.530.550.60.55
-0.17-0.62-0.69-0.33-0.730.150.15-0.35-0.43-0.190.12-0.140.01-0.71-0.6-0.45-0.2-0.030.14-0.13-0.19-0.15
0.230.090.390.430.36-0.2-0.20.50.330.460.20.81-0.690.340.25-0.450.63-0.65-0.340.430.440.3
0.57-0.240.230.470.18-0.55-0.550.670.440.670.640.64-0.250.180.36-0.20.63-0.26-0.680.60.570.51
0.150.02-0.01-0.10.01-0.17-0.17-0.060.04-0.130.02-0.730.890.010.06-0.03-0.65-0.26-0.070.01-0.170.04
-0.70.51-0.44-0.77-0.370.70.7-0.82-0.73-0.81-0.71-0.44-0.13-0.37-0.530.14-0.34-0.68-0.07-0.9-0.73-0.79
0.65-0.580.470.780.39-0.64-0.640.870.730.890.730.530.070.420.55-0.130.430.60.01-0.90.680.72
0.64-0.320.610.860.55-0.61-0.610.840.80.820.670.58-0.050.560.6-0.190.440.57-0.17-0.730.680.86
0.82-0.40.530.770.47-0.84-0.840.740.80.70.780.40.10.480.55-0.150.30.510.04-0.790.720.86
Click cells to compare fundamentals

Hovnanian Enterprises Account Relationship Matchups

Hovnanian Enterprises income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization5.3M5.3M5.5M4.8B5.5B5.8B
Interest Expense103.8M77.7M47.3M54.1M62.2M78.8M
Total Revenue2.3B2.8B2.9B2.8B3.2B2.0B
Gross Profit372.2M540.8M643.4M580.1M667.2M343.9M
Other Operating Expenses2.2B2.5B2.6B2.5B2.9B2.0B
Operating Income140.6M266.0M368.4M(4.5B)(4.0B)(3.8B)
Ebit140.6M266.0M368.4M(4.5B)(4.0B)(3.8B)
Ebitda145.9M271.3M373.9M335.7M386.0M405.3M
Total Operating Expenses242.9M278.3M298.6M304.8M350.5M279.9M
Income Before Tax55.4M189.9M319.8M256.0M230.4M241.9M
Total Other Income Expense Net(85.2M)(76.2M)(48.7M)34.7M31.2M32.8M
Net Income50.9M607.8M225.5M205.9M236.8M248.6M
Income Tax Expense4.5M(418.0M)94.3M50.1M45.1M47.3M
Cost Of Revenue2.0B2.2B2.3B2.2B2.5B1.9B
Selling General Administrative241.8M276.6M296.2M304.8M350.5M368.0M
Net Income Applicable To Common Shares46.3M607.8M214.8M179.2M161.3M86.5M
Net Income From Continuing Ops50.9M607.8M225.5M205.9M236.8M248.6M
Non Operating Income Net Other16.5M(13.5M)5.1M22.2M25.6M26.9M
Tax Provision4.5M(418.0M)94.3M50.1M45.1M47.3M
Interest Income97.6M127.3M113.0M60.7M54.7M90.2M
Net Interest Income(103.8M)(77.7M)(47.3M)(54.1M)(62.2M)(65.3M)
Reconciled Depreciation5.3M5.3M5.5M8.8M10.1M5.7M

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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 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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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.