Hovnanian Enterprises (HOV) Asset Writedowns and Impairment (2010 - 2026)

Hovnanian Enterprises (HOV) reported Asset Writedowns and Impairment of $2.4 million for Q1 2026, up 126.83% on a YoY basis from $1.0 million in Q1 2025, and down 87.86% quarter-over-quarter from $19.4 million in Q4 2025.

Hovnanian Enterprises (HOV) Asset Writedowns and Impairment (2010 - 2026) Analysis & Trends

Hovnanian Enterprises has reported Asset Writedowns and Impairment for 17 years, with the latest figure at $2.4 million in Q1 2026.

  • For the quarter ending Q1 2026, Asset Writedowns and Impairment rose 126.83% year-over-year to $2.4 million; the trailing twelve-month figure through Jan 2026 stood at $40.9 million (up 232.6% YoY), and the FY2025 full-year result was $39.6 million, up 242.43% from the prior year.
  • Asset Writedowns and Impairment for Q1 2026 stood at $2.4 million, down from $19.4 million in the prior quarter.
  • The five-year high for Asset Writedowns and Impairment was $19.4 million in Q4 2025, with the low at $99000.0 in Q1 2022.
  • Historically, Asset Writedowns and Impairment has averaged $4.1 million across 5 years, with a median of $1.0 million in 2025.
  • Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment soared 3271.63% — and 2023, when it plunged 94.98%.
  • Hovnanian Enterprises' Asset Writedowns and Impairment stood at $12.2 million in 2022, then sank by 94.98% to $614000.0 in 2023, then soared by 1189.58% to $7.9 million in 2024, then soared by 145.39% to $19.4 million in 2025, then tumbled by 87.86% to $2.4 million in 2026.
  • The last three Asset Writedowns and Impairment figures came in at $2.4 million (Q1 2026), $19.4 million (Q4 2025), and $16.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Horton D R 43.54 Bn 42.20 Bn 1.70 Bn
2 Pultegroup 23.57 Bn 21.76 Bn 881.27 Mn
3 Lennar 22.65 Bn 20.45 Bn 6.36 Bn
4 Nvr 17.80 Bn 16.15 Bn 1.31 Bn
5 Toll Brothers 13.73 Bn 12.64 Bn 604.89 Mn
6 Taylor Morrison Home 6.88 Bn 6.88 Bn 290.64 Mn
7 Installed Building Products 5.53 Bn 5.05 Bn 212.30 Mn
8 Meritage Homes 4.85 Bn 4.09 Bn -269,000.00
9 Cavco Industries 4.56 Bn 4.52 Bn 135.92 Mn
10 Hovnanian Enterprises 739.67 Mn 732.16 Mn 417.00 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 2.36 Mn
Jan 31, 2026 2.36 Mn
Oct 31, 2025 19.43 Mn
Oct 31, 2025 19.43 Mn
Jul 31, 2025 16.05 Mn
Jul 31, 2025 16.05 Mn
Apr 30, 2025 3.06 Mn
Apr 30, 2025 3.06 Mn
Jan 31, 2025 1.04 Mn
Jan 31, 2025 1.04 Mn
Oct 31, 2024 7.92 Mn
Oct 31, 2024 7.92 Mn
Jul 31, 2024 3.10 Mn
Jul 31, 2024 3.10 Mn
Apr 30, 2024 237,000.00
Apr 30, 2024 237,000.00
Jan 31, 2024 302,000.00
Jan 31, 2024 302,000.00
Oct 31, 2023 614,000.00
Oct 31, 2023 614,000.00