Hovnanian Enterprises (HOV) Operating Margin (2010 - 2026)
Hovnanian Enterprises (HOV) posted Operating Margin of 4.0% for Q1 2026, up 103.52% on a QoQ basis from 113.56% in Q4 2025, and up 8164.0% year-over-year from 0.05% in Q1 2025.
Hovnanian Enterprises (HOV) Operating Margin (2010 - 2026) Analysis & Trends
Hovnanian Enterprises' Operating Margin history runs 17 years deep, the most recent figure standing at 4.0% for Q1 2026.
- Quarterly Operating Margin rose 8164.0% year-over-year to 4.0% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 34.46% (up 7342.0% YoY) and the FY2025 annual result came in at 29.3%, up 4063.0% from the prior year.
- Operating Margin was 4.0% for Q1 2026 at Hovnanian Enterprises, up from 113.56% in the prior quarter.
- Across five years, Operating Margin topped out at 147.44% in Q4 2022 and bottomed at 230.89% in Q4 2024.
- A 5-year average of 30.96% and a median of 15.55% in 2024 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 21582 bps — and 2024, when it sank 27383 bps.
- Hovnanian Enterprises' Operating Margin stood at 147.44% in 2022, then tumbled by 71 bps to 42.94% in 2023, then tumbled by 638 bps to 230.89% in 2024, then surged by 51 bps to 113.56% in 2025, then soared by 104 bps to 4.0% in 2026.
- Business Quant data shows HOV's Operating Margin at 4.0% in Q1 2026, 113.56% in Q4 2025, and 1.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 88.86% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 1.84% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 61.14% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 13.69% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 10.22% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 8.72% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | -5.62% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 9.51% |
| 10 | Hovnanian Enterprises | 847.85 Mn | 840.35 Mn | 631.95 Mn | 4.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 4.00% |
| Oct 31, 2025 | -113.56% |
| Jul 31, 2025 | 1.04% |
| Apr 30, 2025 | -17.02% |
| Jan 31, 2025 | -77.64% |
| Oct 31, 2024 | -230.89% |
| Jul 31, 2024 | -6.59% |
| Apr 30, 2024 | -69.89% |
| Jan 31, 2024 | -15.55% |
| Oct 31, 2023 | 42.94% |
| Jul 31, 2023 | 10.17% |
| Apr 30, 2023 | -5.06% |
| Jan 31, 2023 | 2.11% |
| Oct 31, 2022 | 147.44% |
| Jul 31, 2022 | -61.60% |
| Apr 30, 2022 | -62.82% |
| Jan 31, 2022 | -73.33% |
| Oct 31, 2021 | -68.38% |
| Jul 31, 2021 | -70.27% |
| Apr 30, 2021 | -75.37% |