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Hovnanian Enterprises (Hovnanian Enterprises) Net Margin %

: 4.02% (As of Jan. 2024)
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Net margin is calculated as Net Income divided by its Revenue. Hovnanian Enterprises's Net Income for the three months ended in Jan. 2024 was $24 Mil. Hovnanian Enterprises's Revenue for the three months ended in Jan. 2024 was $594 Mil. Therefore, Hovnanian Enterprises's net margin for the quarter that ended in Jan. 2024 was 4.02%.

The historical rank and industry rank for Hovnanian Enterprises's Net Margin % or its related term are showing as below:

HOV' s Net Margin % Range Over the Past 10 Years
Min: -13.55   Med: 1.2   Max: 21.84
Current: 7.45


HOV's Net Margin % is ranked better than
55.24% of 105 companies
in the Homebuilding & Construction industry
Industry Median: 6.34 vs HOV: 7.45

Hovnanian Enterprises Net Margin % Historical Data

The historical data trend for Hovnanian Enterprises's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hovnanian Enterprises Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.09 2.17 21.84 7.72 7.47

Hovnanian Enterprises Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.63 4.85 8.58 10.97 4.02

Competitive Comparison

For the Residential Construction subindustry, Hovnanian Enterprises's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hovnanian Enterprises Net Margin % Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's Net Margin % distribution charts can be found below:

* The bar in red indicates where Hovnanian Enterprises's Net Margin % falls into.



Hovnanian Enterprises Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Hovnanian Enterprises's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=205.891/2756.016
=7.47 %

Hovnanian Enterprises's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=23.904/594.196
=4.02 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hovnanian Enterprises  (NYSE:HOV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Hovnanian Enterprises Net Margin % Related Terms

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Hovnanian Enterprises (Hovnanian Enterprises) Business Description

Traded in Other Exchanges
Address
90 Matawan Road, Fifth Floor, Matawan, NJ, USA, 07747
Hovnanian Enterprises Inc conducts all of its homebuilding and financial services operations . The company designs, constructs, markets, and sells single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes in planned residential developments. It has two distinct operations: homebuilding and financial services. Its homebuilding operations are divided geographically into three segments; Northeast which includes Delaware, Maryland, New Jersey, Ohio, Pennsylvania, Virginia and West Virginia; Southeast which includes Florida, Georgia and South Carolina; and West which includes Arizona, California and Texas. The firm generates maximum revenue from West Segment.
Executives
Vincent Jr Pagano director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Ara K Hovnanian director, 10 percent owner, officer: Chairman of Bd., Pres. & CEO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Edward A Kangas director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
J Larry Sorsby director, officer: Exec. VP and CFO 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Miriam Hernandez-kakol director 90 MATAWAN ROAD, 5TH FLOOR, MATAWAN NJ 07747
Park West Asset Management Llc 10 percent owner 1 LETTERMAN DRIVE, SUITE C5-900, SAN FRANCISCO CA 94129
Hovnanian Family 2012 L.l.c. 10 percent owner C/O ARA K. HOVNANIAN, 110 WEST FRONT STREET, P.O. BOX 500, RED BANK NJ 07701
Robin Stone Sellers director 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Lucian T. Smith officer: Chief Operating Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Executors Of The Estate Of Kevork S. Hovnanian, Deceased 10 percent owner 425 LEXINGTON AVENUE, NEW YORK NY 10017
Thomas J. Pellerito officer: Chief Operating Officer 110 WEST FRONT STREET, RED BANK NJ 07701
Joseph A Marengi director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682-2244
Brad G O'connor officer: VP & Chief Accounting Officer 90 MATAWAN ROAD, FIFTH FLOOR, MATAWAN NJ 07747
Paul W Buchanan officer: SVP Corporate Controller 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701
Peter S Reinhart officer: Sr. VP/General Counsel 10 HIGHWAY 35, P O BOX 500, RED BANK NJ 07701