Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026)
Hovnanian Enterprises (HOV) reported Interest Expenses of $12.2 million for Q1 2026, up 27.75% on a YoY basis from $9.5 million in Q1 2025, and up 26.25% quarter-over-quarter from $9.6 million in Q4 2025.
Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026) Analysis & Trends
Hovnanian Enterprises has reported Interest Expenses for 17 years, with the latest figure at $12.2 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses rose 27.75% year-over-year to $12.2 million; the trailing twelve-month figure through Jan 2026 stood at $38.1 million (up 27.71% YoY), and the FY2025 full-year result was $35.4 million, up 15.25% from the prior year.
- Interest Expenses for Q1 2026 stood at $12.2 million, up from $9.6 million in the prior quarter.
- The five-year high for Interest Expenses was $96.9 million in Q4 2022, with the low at $5.1 million in Q4 2024.
- Historically, Interest Expenses has averaged $15.6 million across 5 years, with a median of $10.5 million in 2024.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 672.33% — and 2023, when it tumbled 88.67%.
- Hovnanian Enterprises' Interest Expenses stood at $96.9 million in 2022, then plunged by 88.67% to $11.0 million in 2023, then sank by 53.85% to $5.1 million in 2024, then soared by 89.94% to $9.6 million in 2025, then advanced by 26.25% to $12.2 million in 2026.
- The last three Interest Expenses figures came in at $12.2 million (Q1 2026), $9.6 million (Q4 2025), and $7.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 43.54 Bn | 42.20 Bn | 1.70 Bn | - |
| 2 | Pultegroup | 23.57 Bn | 21.76 Bn | 881.27 Mn | - |
| 3 | Lennar | 22.65 Bn | 20.45 Bn | 6.36 Bn | - |
| 4 | Nvr | 17.80 Bn | 16.15 Bn | 1.31 Bn | 6.85 Mn |
| 5 | Toll Brothers | 13.73 Bn | 12.64 Bn | 604.89 Mn | - |
| 6 | Taylor Morrison Home | 6.88 Bn | 6.88 Bn | 290.64 Mn | - |
| 7 | Installed Building Products | 5.53 Bn | 5.05 Bn | 212.30 Mn | 10.30 Mn |
| 8 | Meritage Homes | 4.85 Bn | 4.09 Bn | -269,000.00 | 587,000.00 |
| 9 | Cavco Industries | 4.56 Bn | 4.52 Bn | 135.92 Mn | 131,000.00 |
| 10 | Hovnanian Enterprises | 739.67 Mn | 732.16 Mn | 417.00 Mn | 12.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 12.16 Mn |
| Jan 31, 2026 | 12.16 Mn |
| Oct 31, 2025 | 9.63 Mn |
| Oct 31, 2025 | 9.63 Mn |
| Jul 31, 2025 | 7.15 Mn |
| Jul 31, 2025 | 7.15 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 | 5.07 Mn |
| Oct 31, 2024 | 5.07 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 |
| Oct 31, 2023 | 10.99 Mn |
| Oct 31, 2023 | 10.99 Mn |