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| Date | Value |
|---|---|
| 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% |