Hovnanian Enterprises (HOV) Asset Utilization Ratio (2011 - 2026)
Hovnanian Enterprises' Asset Utilization Ratio came in at 0.99 for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 18.1% from 1.21 a year earlier and down 5.4% from the prior quarter.
Hovnanian Enterprises (HOV) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Hovnanian Enterprises' Asset Utilization Ratio was 1.14, down 3.5% from FY2024.
- Going back by fiscal year, Asset Utilization Ratio was 1.18 in FY2024 (+8.1%), 1.09 in FY2023 (-8.9%), 1.20 in FY2022 (-10.8%) and 1.34 in FY2021 (+6.2%).
- The fiscal Q3 2026 figure represents the lowest quarterly Asset Utilization Ratio since fiscal Q2 2016.
- Year-over-year, Asset Utilization Ratio has declined for four consecutive quarters, with an average decline of 4.7% over the last eight quarters.
- The fastest year-over-year change in Asset Utilization Ratio over five years came in fiscal Q3 2024 (growth of 6.1%), and the weakest in fiscal Q3 2026 (a decline of 18.1%).
- Business Quant data shows HOV's Asset Utilization Ratio at 1.05 (Q2 2026), 1.09 (Q1 2026) and 1.13 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 22.22 Bn | 15.51 Bn | 1.06 Bn | 0.90 |
| 3 | Lennar | 17.48 Bn | 6.90 Bn | 807.31 Mn | 0.98 |
| 4 | Nvr | 16.60 Bn | 9.88 Bn | 485.14 Mn | 1.72 |
| 5 | Toll Brothers | 12.52 Bn | 7.91 Bn | 625.22 Mn | 0.74 |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 0.78 |
| 7 | Champion Homes | 4.79 Bn | 2.27 Bn | - | - |
| 8 | Cavco Industries | 4.30 Bn | 3.05 Bn | - | - |
| 9 | Meritage Homes | 4.17 Bn | 1.09 Bn | 513.60 Mn | 1.42 |
| 10 | Hovnanian Enterprises | 720.45 Mn | -449.95 Mn | 106.58 Mn | 0.99 |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.99 |
| Apr 30, 2026 | 1.05 |
| Jan 31, 2026 | 1.09 |
| Oct 31, 2025 | 1.13 |
| Jul 31, 2025 | 1.21 |
| Apr 30, 2025 | 1.20 |
| Jan 31, 2025 | 1.20 |
| Oct 31, 2024 | 1.17 |
| Jul 31, 2024 | 1.20 |
| Apr 30, 2024 | 1.22 |
| Jan 31, 2024 | 1.17 |
| Oct 31, 2023 | 1.13 |
| Jul 31, 2023 | 1.13 |
| Apr 30, 2023 | 1.17 |
| Jan 31, 2023 | 1.15 |
| Oct 31, 2022 | 1.15 |
| Jul 31, 2022 | 1.16 |
| Apr 30, 2022 | 1.18 |
| Jan 31, 2022 | 1.20 |
| Oct 31, 2021 | 1.20 |
Hovnanian Enterprises Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "HOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=HOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();