Hovnanian Enterprises (HOV) Gross Margin (2010 - 2026)

Hovnanian Enterprises (HOV) posted Gross Margin of 100.0% for Q1 2026, up 740.68% on a QoQ basis from 15.61% in Q4 2025, and up 8220.0% year-over-year from 1.2% in Q1 2025.

Hovnanian Enterprises (HOV) Gross Margin (2010 - 2026) Analysis & Trends

Hovnanian Enterprises' Gross Margin history runs 17 years deep, the most recent figure standing at 100.0% for Q1 2026.

  • Quarterly Gross Margin rose 8220.0% year-over-year to 100.0% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 63.24% (up 8014.0% YoY) and the FY2025 annual result came in at 68.25%, up 4695.0% from the prior year.
  • Gross Margin was 100.0% for Q1 2026 at Hovnanian Enterprises, up from 15.61% in the prior quarter.
  • Across five years, Gross Margin topped out at 237.7% in Q4 2022 and bottomed at 141.35% in Q4 2024.
  • A 5-year average of 62.06% and a median of 81.43% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 21610 bps — and 2024, when it plunged 27067 bps.
  • Hovnanian Enterprises' Gross Margin stood at 237.7% in 2022, then slumped by 46 bps to 129.32% in 2023, then sank by 209 bps to 141.35% in 2024, then jumped by 89 bps to 15.61% in 2025, then soared by 741 bps to 100.0% in 2026.
  • Business Quant data shows HOV's Gross Margin at 100.0% in Q1 2026, 15.61% in Q4 2025, and 100.0% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 23.26%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 98.48%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 96.82%
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 69.49%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 23.90%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 20.95%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 32.14%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn 6.19%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 26.22%
10 Hovnanian Enterprises 847.85 Mn 840.35 Mn 631.95 Mn 100.00%

Historic Data

Download Data
DateValue
Jan 31, 2026 100.00%
Oct 31, 2025 -15.61%
Jul 31, 2025 100.00%
Apr 30, 2025 80.49%
Jan 31, 2025 17.80%
Oct 31, 2024 -141.35%
Jul 31, 2024 81.43%
Apr 30, 2024 21.89%
Jan 31, 2024 81.71%
Oct 31, 2023 129.32%
Jul 31, 2023 100.00%
Apr 30, 2023 89.15%
Jan 31, 2023 100.00%
Oct 31, 2022 237.70%
Jul 31, 2022 25.46%
Apr 30, 2022 25.14%
Jan 31, 2022 21.86%
Oct 31, 2021 21.60%
Jul 31, 2021 21.47%
Apr 30, 2021 20.60%