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 $2.8 b in 2016 which is a 28% increase from the previous period.
Numbers are in $, USD

Revenue (Y, 2016)

2.8 b

Revenue growth (Y, 2015 - Y, 2016), %

28%

Gross profit (Y, 2016)

396 m

Gross profit margin (Y, 2016), %

14%

Net income (Y, 2016)

(2.8 m)

Market capitalization (25-May-2017)

390.5 m

Closing share price (25-May-2017)

2.5

Cash (31-Oct-2016)

346.8 m
Hovnanian Enterprises's current market capitalization is $390.5 m.
Numbers are in $, USDY, 2013Y, 2014Y, 2015Y, 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)
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

329.2 m261.9 m253.7 m346.8 m

Accounts Receivable

Inventories

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 m369.2 m

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)
Numbers are in $, 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

Accounts Receivable

Inventories

(110 m)(270 m)(310 m)328 m

Accounts Payable

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)
Numbers are in $, USDY, 2016

Revenue/Employee

1.3 m

Hovnanian Enterprises Market Value History

Hovnanian Enterprises Online and Social Media Presence

Hovnanian Enterprises Company Life and Culture

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