Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026)
Hovnanian Enterprises' (HOV) quarterly Interest Expenses came in at $51.8 million in Q1 2026, up 444.64% YoY from $9.5 million in Q1 2025, and up 89.52% on a QoQ basis from $27.3 million in Q4 2025.
Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026) Analysis & Trends
Hovnanian Enterprises (HOV) has 17 years of Interest Expenses data on file, last reported at $51.8 million in Q1 2026.
- Quarterly Interest Expenses rose 444.64% year-over-year to $51.8 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $51.8 million (up 516.33% YoY) and the FY2025 annual result came in at $45.4 million, down 18.46% from the prior year.
- Interest Expenses climbed to $51.8 million in Q1 2026, from $27.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $101.6 million in Q1 2022 to a low of -$33.8 million in Q4 2023.
- A 5-year average of $39.0 million and a median of $27.3 million in 2025 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses slumped 341.12% — and 2026, when it soared 444.64%.
- Tracing HOV's Interest Expenses over 5 years: stood at -$7.7 million in 2022, then sank by 341.12% to -$33.8 million in 2023, then soared by 51.67% to -$16.3 million in 2024, then soared by 267.4% to $27.3 million in 2025, then surged by 89.52% to $51.8 million in 2026.
- The last three Interest Expenses figures came in at $51.8 million (Q1 2026), $27.3 million (Q4 2025), and $31.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 41.98 Bn | 39.85 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 24.45 Bn | 23.08 Bn | 1.06 Bn | - |
| 3 | Lennar | 20.97 Bn | 18.79 Bn | 7.69 Bn | - |
| 4 | Nvr | 17.21 Bn | 16.12 Bn | 485.14 Mn | 6.70 Mn |
| 5 | Toll Brothers | 14.01 Bn | 12.90 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 6.61 Bn | 6.21 Bn | 258.90 Mn | 10.50 Mn |
| 8 | Champion Homes | 5.07 Bn | 4.43 Bn | - | - |
| 9 | Meritage Homes | 4.73 Bn | 3.93 Bn | 254.14 Mn | 2.19 Mn |
| 10 | Hovnanian Enterprises | 844.60 Mn | 835.80 Mn | 111.87 Mn | 12.49 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 51.47 Mn |
| Apr 30, 2026 | 51.47 Mn |
| Jan 31, 2026 | 51.83 Mn |
| Jan 31, 2026 | 51.83 Mn |
| Oct 31, 2025 | 27.35 Mn |
| Oct 31, 2025 | 27.35 Mn |
| Jul 31, 2025 | 31.04 Mn |
| Jul 31, 2025 | 31.04 Mn |
| Apr 30, 2025 | 9.15 Mn |
| Apr 30, 2025 | 9.15 Mn |
| Jan 31, 2025 | 9.52 Mn |
| Jan 31, 2025 | 9.52 Mn |
| Oct 31, 2024 | -16.34 Mn |
| Oct 31, 2024 | -16.34 Mn |
| Jul 31, 2024 | 6.26 Mn |
| Jul 31, 2024 | 6.26 Mn |
| Apr 30, 2024 | 8.97 Mn |
| Apr 30, 2024 | 8.97 Mn |
| Jan 31, 2024 | 10.45 Mn |
| Jan 31, 2024 | 10.45 Mn |