Hovnanian Enterprises

Founded in 1959, Hovnanian Enterprises, Inc., designs, constructs and markets a variety of for-sale housing in 219 residential communities in 16 states. Hovnanian ranks among one of the nation's largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia and with total revenues of $2.1 billion on 5,507 home deliveries in fiscal 2015. Hovnanian is highly diversified by product type, selling a wide array of attached and detached home styles to buyers ranging from first-time purchasers to luxury buyers. As the developer of K. Hovnanian's® Four Seasons communities, the Company is also one of the nation's largest builders of active adult homes and has developed a specialization in urban infill locations. The Company's homes are marketed and sold under the trade names K. Hovnanian® Homes®, Brighton Homes®, and Parkwood Builders.
Company Growth (employees)
Type
Public
HQ
Red Bank, US
Founded
1959
Size (employees)
1,961 (est)-5%
Website
khov.com
Hovnanian Enterprises was founded in 1959 and is headquartered in Red Bank, US

Hovnanian Enterprises Office Locations

Hovnanian Enterprises has an office in Red Bank
Red Bank, US (HQ)
110 W Front St

Hovnanian Enterprises Data and Metrics

Hovnanian Enterprises Financial Metrics

Hovnanian Enterprises's revenue was reported to be $585.9 m in Q2, 2017
USD

Revenue (Q2, 2017)

585.9 m

Gross profit (Q2, 2017)

88.2 m

Gross profit margin (Q2, 2017), %

15%

Net income (Q2, 2017)

(6.7 m)

Market capitalization (25-Jul-2017)

355.6 k

Cash (30-Apr-2017)

280.8 m
Hovnanian Enterprises's current market capitalization is $355.6 k.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1.9 b2.1 b2.1 b2.8 b

Revenue growth, %

11%4%28%

Cost of goods sold

1.5 b1.7 b1.8 b2.4 b

Gross profit

352 m389 m354.8 m396 m

Gross profit Margin, %

19%19%17%14%

Operating expense total

1.8 b2 b2.2 b

Pre tax profit

21.9 m20.2 m(21.8 m)2.4 m

Net Income

31.3 m307.1 m(16.1 m)(2.8 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

551 m445.7 m468.9 m540.6 m575.6 m637.8 m700.3 m552 m585.9 m

Cost of goods sold

440.7 m368.4 m398.5 m450 m492.7 m567.2 m613.8 m466.5 m497.7 m

Gross profit

110.3 m77.4 m70.5 m90.6 m82.9 m70.6 m86.6 m85.5 m88.2 m

Gross profit Margin, %

20%17%15%17%14%11%12%15%15%

General and administrative expense

51.2 m47.6 m52.6 m52 m47.5 m56.4 m51.7 m44.4 m45.5 m

Operating expense total

51.2 m47.6 m52.6 m52 m47.5 m56.4 m51.7 m44.4 m45.5 m

Pre tax profit

15.4 m(19.7 m)(29.5 m)(10 m)(13.2 m)1.3 m18.2 m323 k(7.7 m)

Income tax expense

(758 k)

Net Income

17.1 m(14.4 m)(19.6 m)(7.7 m)(16.2 m)(8.5 m)(474 k)(143 k)(6.7 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

329.2 m261.9 m253.7 m346.8 m

Accounts Receivable

1.5 m

Inventories

1.3 b

PP&E

46.7 m45.5 m50.3 m

Total Assets

1.8 b2.3 b2.6 b2.4 b

Accounts Payable

307.8 m370.9 m348.5 m842.4 k

Total Liabilities

2.5 b

Common Stock

1.4 m1.4 m1.4 m1.4 m

Retained Earnings

(1.1 b)(837.3 m)(853.4 m)(856.2 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

183.7 m273.3 m261.6 m213.9 m152.6 m120.7 m181.5 m201.8 m280.8 m

Inventories

1.4 b1.5 b1.5 b1.6 b1.7 b1.7 b1.5 b1.3 b1.2 b

PP&E

46 m47 m46.4 m45.8 m46 m45.7 m48.4 m50 m53 m

Total Assets

1.9 b2.5 b2.5 b2.5 b2.6 b2.1 b1.9 b

Common Stock

1.4 m1.4 m1.4 m1.4 m1.4 m1.4 m1.4 m1.4 m1.4 m

Retained Earnings

(1.2 b)(851.6 m)(871.2 m)(878.9 m)(869.5 m)(878 m)(878.5 m)(856.3 m)(863 m)
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

31.3 m307.1 m(16.1 m)(2.8 m)

Depreciation and Amortization

4.7 m3.4 m3.4 m3.6 m

Inventories

(110 m)(270 m)(310 m)328.1 m

Cash From Operating Activities

9.3 m(190.6 m)(320.5 m)

Cash From Investing Activities

30.3 m(14.2 m)2.5 m(49 m)

Cash From Financing Activities

16.4 m137.4 m309.9 m(245.7 m)

Interest Paid

85.4 m85.7 m101.8 m

Income Taxes Paid

538 k1.8 m(1.4 m)
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

17.1 m(14.4 m)(19.6 m)(7.7 m)(16.2 m)(8.5 m)(474 k)(143 k)(6.7 m)

Accounts Payable

315.8 m337.1 m342.8 m354.1 m348.4 m360.9 m380.8 m319.7 m312 m

Hovnanian Enterprises Market Value History

Hovnanian Enterprises Online and Social Media Presence

Hovnanian Enterprises Company Life and Culture

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