Hovnanian Enterprises, Inc.: Business Overview, Financials & Competitive Analysis
Hovnanian Enterprises, Inc. scores 6/10 on the AskCyborg Cyborg Score (Solid). Cyclical homebuilder with integrated financial services exposure, navigating demand softness while maintaining operational scale and financial flexibility. Q1 FY2026 showed $632M in revenue with 10.1% homebuilding gross margin after charges. The company faces margin pressure and backlog dollars decreased about 16% year-over-year, though it maintains solid liquidity and established.
What is Hovnanian Enterprises, Inc.'s industry? Hovnanian Enterprises, Inc. (khov.com) operates in Residential Homebuilding & Construction. AskCyborg classifies Hovnanian Enterprises, Inc. under Residential Homebuilding & Construction in its company registry.
Hovnanian Enterprises designs, constructs, markets, and sells residential homes in the United States, offering single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle home...
Cyborg Score thesis
Cyclical homebuilder with integrated financial services exposure, navigating demand softness while maintaining operational scale...
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Get Current Report FreeHovnanian Enterprises, Inc. Overview
Pro stress-test →Hovnanian Enterprises designs, constructs, markets, and sells residential homes in the United States, offering single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes. The company operates across three geographic segments (Northeast, Southeast, and West) and generates approximately $3B in annual revenue.
Strategic Profile
Pro stress-test →Hovnanian combines land development, architectural design and construction services with in-house mortgage and insurance offerings to provide a comprehensive homebuying experience. The company targets diverse buyer segments from first-time buyers to luxury and active lifestyle buyers across its regional divisions.
Competitive Landscape
Pro stress-test →Competitors include Beazer Homes USA, PulteGroup, Toll Brothers, M/I Homes, LGI Homes, and D.R. Horton. Hovnanian competes as a mid-tier regional homebuilder with integrated financial services, differentiated by its tri-regional presence and diverse product offerings across price points.
Industry Context
Hovnanian Enterprises, Inc. operates in Residential Homebuilding & Construction.
Key facts
Founded: 1959 · Headquarters: Red Bank, NJ · Employees: 1,890 · Revenue: $2.98B · Market cap: $0.73B