Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026)
Hovnanian Enterprises (HOV) reported Change in Inventory of -$180.7 million for Q1 2026, down 420246.51% on a YoY basis from N/an in Q1 2025, and down 31.65% quarter-over-quarter from -$137.2 million in Q4 2025.
Hovnanian Enterprises (HOV) Change in Inventory (2010 - 2026) Analysis & Trends
Hovnanian Enterprises has reported Change in Inventory for 17 years, with the latest figure at -$180.7 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Inventory fell 420246.51% year-over-year to -$180.7 million; the trailing twelve-month figure through Jan 2026 stood at -$272.3 million (down 495.33% YoY), and the FY2025 full-year result was -$91.6 million, down 149.94% from the prior year.
- Change in Inventory for Q1 2026 stood at -$180.7 million, down from -$137.2 million in the prior quarter.
- The five-year high for Change in Inventory was $159.2 million in Q1 2022, with the low at -$180.7 million in Q1 2026.
- Historically, Change in Inventory has averaged $13.4 million across 5 years, with a median of $2.3 million in 2024.
- Annual changes were most pronounced in 2024 — Change in Inventory jumped 1082.72% — and 2026, when it slumped 420246.51%.
- Hovnanian Enterprises' Change in Inventory 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | 1.28 Bn |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | 376.39 Mn |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | 652.02 Mn |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 214.95 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | 175.80 Mn |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 2.10 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | -34.05 Mn |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | -15.74 Mn |
| 10 | Hovnanian Enterprises | 739.67 Mn | 732.16 Mn | 417.00 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 |