Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026)
Hovnanian Enterprises (HOV) posted Change in Inventory of -$180.7 million for Q1 2026, down 31.65% on a QoQ basis from -$137.2 million in Q4 2025, and down 420246.51% year-over-year from N/an in Q1 2025.
Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026) Analysis & Trends
Hovnanian Enterprises' Change in Inventory history runs 17 years deep, the most recent figure standing at -$180.7 million for Q1 2026.
- Quarterly Change in Inventory fell 420246.51% year-over-year to -$180.7 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$272.3 million (down 495.33% YoY) and the FY2025 annual result came in at -$91.6 million, down 149.94% from the prior year.
- Change in Inventory was -$180.7 million for Q1 2026 at Hovnanian Enterprises, down from -$137.2 million in the prior quarter.
- Across five years, Change in Inventory topped out at $159.2 million in Q1 2022 and bottomed at -$180.7 million in Q1 2026.
- A 5-year average of $13.4 million and a median of $2.3 million in 2024 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2024 — Change in Inventory jumped 1082.72% — and 2026, when it sank 420246.51%.
- Hovnanian Enterprises' Change in Inventory stood at -$53.9 million in 2022, then decreased by 14.12% to -$61.5 million in 2023, then jumped by 103.66% to $2.3 million in 2024, then plunged by 6193.65% to -$137.2 million in 2025, then tumbled by 31.65% to -$180.7 million in 2026.
- Business Quant data shows HOV's Change in Inventory at -$180.7 million in Q1 2026, -$137.2 million in Q4 2025, and -$35.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 430.91 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 214.95 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 2.10 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -34.05 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | -11.15 Mn |
| 10 | Hovnanian Enterprises | 847.85 Mn | 840.35 Mn | 631.95 Mn | -180.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -180.66 Mn |
| Jan 31, 2026 | -180.66 Mn |
| Oct 31, 2025 | -137.23 Mn |
| Oct 31, 2025 | -137.23 Mn |
| Jul 31, 2025 | -34.99 Mn |
| Jul 31, 2025 | -34.99 Mn |
| Apr 30, 2025 | 80.53 Mn |
| Apr 30, 2025 | 80.53 Mn |
| Jan 31, 2025 | 43,000.00 |
| Jan 31, 2025 | 43,000.00 |
| Oct 31, 2024 | 2.25 Mn |
| Oct 31, 2024 | 2.25 Mn |
| Jul 31, 2024 | 112.86 Mn |
| Jul 31, 2024 | 112.86 Mn |
| Apr 30, 2024 | -46.26 Mn |
| Apr 30, 2024 | -46.26 Mn |
| Jan 31, 2024 | 114.67 Mn |
| Jan 31, 2024 | 114.67 Mn |
| Oct 31, 2023 | -61.46 Mn |
| Oct 31, 2023 | -61.46 Mn |