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
DateValue
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%