Hovnanian Enterprises (HOV) Return on Invested Capital [ROIC] (2011 - 2026)
Hovnanian Enterprises (HOV) reported Return on Invested Capital [ROIC] of -216.01% for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 10.03 percentage points from -205.98% a year earlier and down 8.04 percentage points from the prior quarter.
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Analysis
Hovnanian Enterprises (HOV) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Hovnanian Enterprises posted Return on Invested Capital [ROIC] of -205.78%, down 0.70 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a three-year change of +124.29 percentage points (FY2022 to FY2025).
- By fiscal year, Return on Invested Capital [ROIC] came in at -205.08% in FY2024 (+48.94 pp), -254.01% in FY2023 (+76.06 pp) and -330.07% in FY2022.
- The fiscal Q3 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q1 2024.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last five quarters, with an average year-over-year change of +2.48 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was fiscal Q3 2022 (a gain of 641.97 percentage points); the low point was fiscal Q1 2026 (a drop of 26.49 percentage points).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at -207.97% (Q2 2026), -210.67% (Q1 2026) and -206.06% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 37.89 Bn | 28.78 Bn | 2.15 Bn | - |
| 2 | Pultegroup | 21.69 Bn | 14.98 Bn | 1.06 Bn | - |
| 3 | Lennar | 16.59 Bn | 6.36 Bn | 618.54 Mn | - |
| 4 | Nvr | 15.98 Bn | 9.26 Bn | 485.14 Mn | 26.53% |
| 5 | Toll Brothers | 12.59 Bn | 7.97 Bn | 625.22 Mn | 10.68% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 14.03% |
| 7 | Champion Homes | 4.87 Bn | 2.35 Bn | - | - |
| 8 | Cavco Industries | 4.53 Bn | 3.28 Bn | - | - |
| 9 | Meritage Homes | 4.16 Bn | 1.08 Bn | 513.60 Mn | 19.24% |
| 10 | Hovnanian Enterprises | 745.01 Mn | -425.40 Mn | 106.58 Mn | -216.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -216.01% |
| Apr 30, 2026 | -207.97% |
| Jan 31, 2026 | -210.67% |
| Oct 31, 2025 | -206.06% |
| Jul 31, 2025 | -205.98% |
| Apr 30, 2025 | -189.28% |
| Jan 31, 2025 | -184.18% |
| Oct 31, 2024 | -187.55% |
| Jul 31, 2024 | -194.52% |
| Apr 30, 2024 | -207.62% |
| Jan 31, 2024 | -220.94% |
| Oct 31, 2023 | -237.46% |
| Jul 31, 2023 | -242.92% |
| Apr 30, 2023 | -261.27% |
| Jan 31, 2023 | -263.43% |
| Oct 31, 2022 | -259.30% |
| Jul 31, 2022 | -279.59% |
| Apr 30, 2022 | -328.38% |
| Jan 31, 2022 | -572.73% |
| Oct 31, 2021 | -746.73% |
API Access
Hovnanian Enterprises Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=HOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "HOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=HOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();