Hovnanian Enterprises Inc
NYSE:HOV
Income Statement
Earnings Waterfall
Hovnanian Enterprises Inc
Revenue
|
2.8B
USD
|
Cost of Revenue
|
-2.2B
USD
|
Gross Profit
|
638.2m
USD
|
Operating Expenses
|
-300.5m
USD
|
Operating Income
|
337.7m
USD
|
Other Expenses
|
-152.9m
USD
|
Net Income
|
184.8m
USD
|
Income Statement
Hovnanian Enterprises Inc
Jan-2014 | Apr-2014 | Jul-2014 | Oct-2014 | Jan-2015 | Apr-2015 | Jul-2015 | Oct-2015 | Jan-2016 | Apr-2016 | Jul-2016 | Oct-2016 | Jan-2017 | Apr-2017 | Jul-2017 | Oct-2017 | Jan-2018 | Apr-2018 | Jul-2018 | Oct-2018 | Jan-2019 | Apr-2019 | Jul-2019 | Oct-2019 | Jan-2020 | Apr-2020 | Jul-2020 | Oct-2020 | Jan-2021 | Apr-2021 | Jul-2021 | Oct-2021 | Jan-2022 | Apr-2022 | Jul-2022 | Oct-2022 | Jan-2023 | Apr-2023 | Jul-2023 | Oct-2023 | Jan-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 857
N/A
|
1 884
+1%
|
1 957
+4%
|
2 063
+5%
|
2 145
+4%
|
2 164
+1%
|
2 154
0%
|
2 149
0%
|
2 278
+6%
|
2 464
+8%
|
2 640
+7%
|
2 752
+4%
|
2 729
-1%
|
2 660
-3%
|
2 535
-5%
|
2 452
-3%
|
2 317
-6%
|
2 233
-4%
|
2 098
-6%
|
1 991
-5%
|
1 955
-2%
|
1 893
-3%
|
1 918
+1%
|
2 017
+5%
|
2 130
+6%
|
2 228
+5%
|
2 374
+7%
|
2 344
-1%
|
2 425
+3%
|
2 589
+7%
|
2 652
+2%
|
2 783
+5%
|
2 774
0%
|
2 773
0%
|
2 850
+3%
|
2 922
+3%
|
2 872
-2%
|
2 874
+0%
|
2 756
-4%
|
2 756
+0%
|
2 835
+3%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 494)
|
(1 512)
|
(1 568)
|
(1 669)
|
(1 737)
|
(1 768)
|
(1 777)
|
(1 782)
|
(1 897)
|
(2 060)
|
(2 223)
|
(2 323)
|
(2 305)
|
(2 244)
|
(2 130)
|
(2 050)
|
(1 929)
|
(1 846)
|
(1 722)
|
(1 627)
|
(1 601)
|
(1 558)
|
(1 584)
|
(1 676)
|
(1 775)
|
(1 852)
|
(1 973)
|
(1 923)
|
(1 965)
|
(2 077)
|
(2 096)
|
(2 194)
|
(2 179)
|
(2 146)
|
(2 176)
|
(2 222)
|
(2 187)
|
(2 223)
|
(2 156)
|
(2 134)
|
(2 197)
|
|
Gross Profit |
364
N/A
|
372
+2%
|
389
+5%
|
394
+1%
|
408
+4%
|
396
-3%
|
377
-5%
|
367
-3%
|
382
+4%
|
404
+6%
|
417
+3%
|
429
+3%
|
424
-1%
|
417
-2%
|
406
-3%
|
401
-1%
|
388
-3%
|
388
N/A
|
376
-3%
|
364
-3%
|
354
-3%
|
335
-5%
|
334
0%
|
341
+2%
|
356
+4%
|
376
+6%
|
402
+7%
|
421
+5%
|
459
+9%
|
513
+12%
|
556
+8%
|
589
+6%
|
594
+1%
|
627
+5%
|
674
+7%
|
700
+4%
|
686
-2%
|
650
-5%
|
600
-8%
|
622
+4%
|
638
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(232)
|
(247)
|
(257)
|
(260)
|
(264)
|
(272)
|
(273)
|
(257)
|
(256)
|
(255)
|
(253)
|
(258)
|
(254)
|
(246)
|
(239)
|
(257)
|
(258)
|
(259)
|
(252)
|
(231)
|
(228)
|
(227)
|
(232)
|
(235)
|
(235)
|
(230)
|
(231)
|
(243)
|
(246)
|
(273)
|
(274)
|
(278)
|
(287)
|
(273)
|
(287)
|
(299)
|
(300)
|
(307)
|
(288)
|
(288)
|
(300)
|
|
Selling, General & Administrative |
(231)
|
(242)
|
(253)
|
(255)
|
(259)
|
(266)
|
(267)
|
(251)
|
(250)
|
(250)
|
(249)
|
(253)
|
(249)
|
(242)
|
(237)
|
(256)
|
(258)
|
(258)
|
(251)
|
(229)
|
(227)
|
(225)
|
(230)
|
(233)
|
(233)
|
(229)
|
(230)
|
(242)
|
(245)
|
(272)
|
(272)
|
(277)
|
(285)
|
(271)
|
(285)
|
(296)
|
(297)
|
(305)
|
(305)
|
(305)
|
(317)
|
|
Other Operating Expenses |
(1)
|
(5)
|
(4)
|
(5)
|
(5)
|
(6)
|
(6)
|
(6)
|
(6)
|
(5)
|
(5)
|
(5)
|
(5)
|
(4)
|
(3)
|
(2)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
17
|
17
|
17
|
|
Operating Income |
131
N/A
|
125
-5%
|
132
+6%
|
135
+2%
|
144
+7%
|
124
-14%
|
104
-17%
|
110
+6%
|
126
+14%
|
149
+18%
|
164
+10%
|
172
+5%
|
169
-1%
|
171
+1%
|
166
-3%
|
144
-13%
|
130
-10%
|
129
0%
|
124
-4%
|
134
+8%
|
126
-6%
|
108
-14%
|
103
-5%
|
107
+4%
|
121
+13%
|
146
+21%
|
170
+17%
|
178
+5%
|
213
+20%
|
239
+12%
|
282
+18%
|
310
+10%
|
308
-1%
|
354
+15%
|
386
+9%
|
401
+4%
|
386
-4%
|
343
-11%
|
312
-9%
|
335
+7%
|
338
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(107)
|
(107)
|
(109)
|
(108)
|
(112)
|
(112)
|
(116)
|
(120)
|
(120)
|
(126)
|
(129)
|
(133)
|
(133)
|
(132)
|
(134)
|
(137)
|
(148)
|
(147)
|
(134)
|
(114)
|
(93)
|
(84)
|
(88)
|
(98)
|
(110)
|
(116)
|
(120)
|
(127)
|
(127)
|
(127)
|
(121)
|
(113)
|
(96)
|
(85)
|
(68)
|
(61)
|
(62)
|
(61)
|
(69)
|
(52)
|
(42)
|
|
Non-Reccuring Items |
(6)
|
(5)
|
(5)
|
(6)
|
(8)
|
(11)
|
(11)
|
(12)
|
(22)
|
(27)
|
(27)
|
(37)
|
(20)
|
(13)
|
(58)
|
(53)
|
(58)
|
(60)
|
(17)
|
(11)
|
(11)
|
(9)
|
(6)
|
(49)
|
(41)
|
(41)
|
(38)
|
5
|
(4)
|
(3)
|
(6)
|
(7)
|
(6)
|
(13)
|
(13)
|
(21)
|
(21)
|
(14)
|
(17)
|
(27)
|
(26)
|
|
Pre-Tax Income |
19
N/A
|
13
-32%
|
18
+39%
|
20
+13%
|
24
+21%
|
2
-91%
|
(23)
N/A
|
(22)
+6%
|
(15)
+30%
|
(3)
+78%
|
8
N/A
|
2
-69%
|
16
+563%
|
26
+62%
|
(26)
N/A
|
(45)
-77%
|
(76)
-68%
|
(78)
-2%
|
(28)
+64%
|
8
N/A
|
22
+165%
|
16
-25%
|
9
-44%
|
(40)
N/A
|
(30)
+24%
|
(11)
+64%
|
12
N/A
|
55
+347%
|
82
+49%
|
109
+33%
|
155
+42%
|
190
+23%
|
206
+8%
|
256
+24%
|
306
+20%
|
320
+5%
|
302
-5%
|
268
-12%
|
226
-16%
|
256
+13%
|
270
+6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(4)
|
(0)
|
287
|
293
|
303
|
304
|
6
|
(3)
|
(4)
|
(7)
|
(5)
|
(3)
|
(11)
|
(296)
|
(287)
|
(287)
|
(288)
|
(2)
|
(4)
|
(4)
|
(4)
|
(3)
|
(2)
|
(4)
|
(4)
|
(4)
|
(5)
|
(3)
|
454
|
441
|
418
|
408
|
(68)
|
(83)
|
(94)
|
(83)
|
(76)
|
(62)
|
(50)
|
(59)
|
|
Income from Continuing Operations |
18
|
9
|
18
|
307
|
317
|
306
|
281
|
(16)
|
(18)
|
(7)
|
0
|
(3)
|
13
|
15
|
(322)
|
(332)
|
(363)
|
(366)
|
(30)
|
5
|
18
|
12
|
6
|
(42)
|
(34)
|
(14)
|
9
|
51
|
79
|
564
|
596
|
608
|
614
|
187
|
222
|
226
|
219
|
191
|
164
|
206
|
211
|
|
Net Income (Common) |
18
N/A
|
9
-51%
|
17
+92%
|
300
+1 654%
|
310
+3%
|
298
-4%
|
274
-8%
|
(16)
N/A
|
(18)
-12%
|
(7)
+62%
|
0
N/A
|
(3)
N/A
|
13
N/A
|
15
+14%
|
(322)
N/A
|
(332)
-3%
|
(363)
-9%
|
(366)
-1%
|
(30)
+92%
|
5
N/A
|
18
+298%
|
12
-31%
|
6
-53%
|
(42)
N/A
|
(34)
+20%
|
(14)
+59%
|
8
N/A
|
46
+501%
|
73
+57%
|
509
+598%
|
538
+6%
|
550
+2%
|
553
+0%
|
163
-70%
|
191
+17%
|
195
+2%
|
190
-3%
|
168
-12%
|
146
-13%
|
179
+22%
|
185
+3%
|
|
EPS (Diluted) |
3.12
N/A
|
1.5
-52%
|
2.63
+75%
|
46.15
+1 655%
|
52.5
+14%
|
50.52
-4%
|
46.38
-8%
|
-2.74
N/A
|
-3.05
-11%
|
-1.16
+62%
|
0.07
N/A
|
-0.48
N/A
|
2.23
N/A
|
2.54
+14%
|
-54.52
N/A
|
-56.3
-3%
|
-61.5
-9%
|
-62.03
-1%
|
-5.05
+92%
|
0.74
N/A
|
2.98
+303%
|
2.06
-31%
|
0.96
-53%
|
-7.01
N/A
|
-5.45
+22%
|
-2.22
+59%
|
1.18
N/A
|
7.03
+496%
|
11.57
+65%
|
77.1
+566%
|
84.07
+9%
|
85.95
+2%
|
85.03
-1%
|
24.71
-71%
|
29.32
+19%
|
29.11
-1%
|
29.21
+0%
|
23.95
-18%
|
21.85
-9%
|
26.88
+23%
|
26.63
-1%
|