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

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

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

Hovnanian Enterprises' Asset Writedowns and Impairment history runs 17 years deep, the most recent figure standing at $2.4 million for Q1 2026.

  • Quarterly Asset Writedowns and Impairment rose 126.83% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $40.9 million (up 232.6% YoY) and the FY2025 annual result came in at $39.6 million, up 242.43% from the prior year.
  • Asset Writedowns and Impairment was $2.4 million for Q1 2026 at Hovnanian Enterprises, down from $19.4 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $19.4 million in Q4 2025 and bottomed at $99000.0 in Q1 2022.
  • A 5-year average of $4.1 million and a median of $1.0 million in 2025 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment soared 3271.63% — and 2023, when it tumbled 94.98%.
  • Hovnanian Enterprises' Asset Writedowns and Impairment stood at $12.2 million in 2022, then tumbled by 94.98% to $614000.0 in 2023, then surged by 1189.58% to $7.9 million in 2024, then surged by 145.39% to $19.4 million in 2025, then sank by 87.86% to $2.4 million in 2026.
  • Business Quant data shows HOV's Asset Writedowns and Impairment at $2.4 million in Q1 2026, $19.4 million in Q4 2025, and $16.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Horton D R 41.60 Bn 39.46 Bn 2.15 Bn
2 Pultegroup 24.51 Bn 23.18 Bn 3.92 Bn
3 Lennar 20.55 Bn 20.41 Bn 7.69 Bn
4 Nvr 17.91 Bn 16.26 Bn 1.31 Bn
5 Toll Brothers 14.37 Bn 13.27 Bn 604.89 Mn
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn
7 Installed Building Products 6.15 Bn 5.68 Bn 212.30 Mn
8 Meritage Homes 4.95 Bn 4.19 Bn 68.61 Mn
9 Champion Homes 4.59 Bn 3.93 Bn 172.19 Mn
10 Hovnanian Enterprises 875.89 Mn 866.49 Mn 631.95 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