HOV (Hovnanian Enterprises) EBIT: $90 Mil (TTM As of Apr. 2026)


HOV Hovnanian Enterprises Inc HOV
68 GF Score
Price $141.91
GF Value $124.94
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Hovnanian Enterprises EBIT?

Hovnanian Enterprises HOV +11.31% 68 EBIT is $90 Mil as of Apr. 2026. GuruFocus rates HOV with a GF Score™ of 68/100 and a GF Value™ of $124.94 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Hovnanian Enterprises's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2026 was $13 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2026 was $90 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hovnanian Enterprises's annualized ROC % for the quarter that ended in Apr. 2026 was 0.00%. Hovnanian Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 4.49%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hovnanian Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 5.71%.


Hovnanian Enterprises  (NYSE:HOV) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Hovnanian Enterprises's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=58.04 * ( 1 - 100% )/( (1942.998 + 2047.877)/ 2 )
=0/1995.4375
=0.00 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2734.676 - 451.768 - ( 339.91 - max(0, 628.615 - 2037.733+339.91))
=1942.998

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2828.824 - 470.022 - ( 310.925 - max(0, 676.164 - 2091.815+310.925))
=2047.877

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Hovnanian Enterprises's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=51.316/( ( (56.611 + max(1069.208, 0)) + (56.011 + max(1104.726, 0)) )/ 2 )
=51.316/( ( 1125.819 + 1160.737 )/ 2 )
=51.316/1143.278
=4.49 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.192 + 1647.97 + 9.6609999999998) - (451.768 + 176.847 + 0)
=1069.208

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.368 + 1723.587 + 9.9349999999999) - (470.022 + 206.142 + 0)
=1104.726

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Hovnanian Enterprises's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2026 )
=90.162/1577.879
=5.71 %

* 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 EBIT Related Terms


Hovnanian Enterprises EBIT Historical Data

* Premium members only.

The historical data trend for Hovnanian Enterprises's EBIT 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.

Hovnanian Enterprises EBIT Chart

Hovnanian Enterprises Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 267.58 367.10 310.03 347.84 121.53

Hovnanian Enterprises Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EBIT 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 35.68 30.95 5.52 40.86 12.83

HOV vs BZH, LEGH, LGIH: EBIT Comparison

For the Residential Construction subindustry, Hovnanian Enterprises's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Hovnanian Enterprises's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hovnanian Enterprises's EV-to-EBIT falls into.


HOV
68GF Score
Hovnanian Enterprises Inc HOV
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hovnanian Enterprises EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $90 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $90 Mil mean?
Hovnanian Enterprises (HOV) has a EBIT of $90 Mil as of Apr. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hovnanian Enterprises.
Is Hovnanian Enterprises' EBIT too high?
Hovnanian Enterprises' current EBIT is $90 Mil. Overall, Hovnanian Enterprises has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hovnanian Enterprises' EBIT compare to BZH and LEGH?
Hovnanian Enterprises' EBIT of $90 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Homebuilding & Construction company?
A good EBIT depends on the Homebuilding & Construction industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hovnanian Enterprises. Hovnanian Enterprises's current EBIT is $90 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hovnanian Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Hovnanian Enterprises (HOV) is currently considered Modestly Overvalued. The stock's GF Value™ is $124.94, compared to a current price of $141.91 — trading 13.6% above its estimated fair value. The current EBIT is $90 Mil. Hovnanian Enterprises' overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Hovnanian Enterprises (HOV), the current EBIT is $90 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hovnanian Enterprises (HOV) Overvalued in 2026?

Based on GuruFocus' analysis, Hovnanian Enterprises stock appears to be overvalued. The current stock price of $141.91 is trading 13.6% above its estimated GF Value™ of $124.94. GuruFocus considers Hovnanian Enterprises to be Modestly Overvalued.

Key valuation signals for HOV:

  • EBIT: $90 Mil
  • GF Value™: $124.94 vs. price of $141.91 (13.6% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the HOV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hovnanian Enterprises Business Description

Other Exchanges HOVVB:USAHOVNP.PFD:USA
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 the West Segment.
68GF Score

Get the complete analysis for HOV

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$141.91
Price
$124.94
GF Value