Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026)
Hovnanian Enterprises (HOV) posted Interest Expenses of $51.8 million for Q1 2026, up 164.4% on a QoQ basis from $19.6 million in Q4 2025, and up 444.64% year-over-year from $9.5 million in Q1 2025.
Hovnanian Enterprises (HOV) Interest Expenses (2010 - 2026) Analysis & Trends
Hovnanian Enterprises' Interest Expenses history runs 17 years deep, the most recent figure standing at $51.8 million for 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 (down 21.4% YoY) and the FY2025 annual result came in at $45.4 million, down 18.46% from the prior year.
- Interest Expenses was $51.8 million for Q1 2026 at Hovnanian Enterprises, up from $19.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $101.6 million in Q1 2022 and bottomed at $6.3 million in Q3 2024.
- A 5-year average of $47.1 million and a median of $35.9 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2024 — Interest Expenses tumbled 93.18% — and 2026, when it soared 444.64%.
- Hovnanian Enterprises' Interest Expenses stood at $9.4 million in 2022, then surged by 281.19% to $35.9 million in 2023, then climbed by 14.61% to $41.2 million in 2024, then plunged by 52.42% to $19.6 million in 2025, then jumped by 164.4% to $51.8 million in 2026.
- Business Quant data shows HOV's Interest Expenses at $51.8 million in Q1 2026, $19.6 million in Q4 2025, and $31.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 49.60 Mn |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 148.25 Mn |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 47.48 Mn |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 9.57 Mn |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 4.62 Mn |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 11.14 Mn |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 27.20 Mn |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 16.22 Mn |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | - |
| 10 | Hovnanian Enterprises | 847.85 Mn | 840.35 Mn | 631.95 Mn | 51.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 51.83 Mn |
| Jan 31, 2026 | 51.83 Mn |
| Oct 31, 2025 | 19.60 Mn |
| Oct 31, 2025 | 19.60 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 | 41.20 Mn |
| Oct 31, 2024 | 41.20 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 | 35.95 Mn |
| Oct 31, 2023 | 35.95 Mn |