Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026)
Hovnanian Enterprises' (HOV) quarterly Change in Inventory came in at -$180.7 million in Q1 2026, down 420246.51% YoY from N/an in Q1 2025, and down 31.65% on a QoQ basis from -$137.2 million in Q4 2025.
Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026) Analysis & Trends
Hovnanian Enterprises (HOV) has 17 years of Change in Inventory data on file, last reported at -$180.7 million in 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 retreated to -$180.7 million in Q1 2026, from -$137.2 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $159.2 million in Q1 2022 to a low of -$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 slumped 420246.51%.
- Tracing HOV's Change in Inventory over 5 years: stood at -$53.9 million in 2022, then fell by 14.12% to -$61.5 million in 2023, then surged by 103.66% to $2.3 million in 2024, then slumped by 6193.65% to -$137.2 million in 2025, then sank by 31.65% to -$180.7 million in 2026.
- The last three Change in Inventory figures came in at -$180.7 million (Q1 2026), -$137.2 million (Q4 2025), and -$35.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 17.40 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | -98.28 Mn |
| 10 | Hovnanian Enterprises | 844.60 Mn | 835.80 Mn | 111.87 Mn | 84.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 84.37 Mn |
| Apr 30, 2026 | 84.37 Mn |
| 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 |