Hovnanian Enterprises (HOVNP) Asset Utilization Ratio (2011 - 2026)
Hovnanian Enterprises' (HOVNP) quarterly Asset Utilization Ratio came in at 0.99 in Q3 2026, down 18.11% on a YoY basis from 1.21 in Q3 2025, and down 5.4% quarter-over-quarter from 1.05 in Q2 2026.
Analysis
Hovnanian Enterprises (HOVNP) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Hovnanian Enterprises (HOVNP) has reported Asset Utilization Ratio for 16 consecutive years, with 0.99 the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Asset Utilization Ratio fell 18.11% year-over-year to 0.99; the trailing twelve-month figure through Jul 2026 stood at 0.99 (down 18.11% YoY), and the FY2025 full-year result was 1.14, down 3.54% from the prior year.
- Asset Utilization Ratio slipped to 0.99 in Q3 2026 per HOVNP's latest filing, from 1.05 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.22 in Q2 2024 and bottomed at 0.99 in Q3 2026.
- Historically, Asset Utilization Ratio has averaged 1.15 across 5 years, with a median of 1.17 in 2024.
- The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio climbed 6.11% in 2024, then declined 18.11% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 1.15 in 2022, then fell by 1.58% to 1.13 in 2023, then advanced by 3.54% to 1.17 in 2024, then decreased by 3.08% to 1.13 in 2025, then declined by 12.32% to 0.99 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.99, 1.05, and 1.09 for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.06 Bn | 38.52 Bn | 2.15 Bn | 0.93 |
| 2 | Pultegroup | 23.32 Bn | 21.94 Bn | 1.06 Bn | 0.90 |
| 3 | Lennar | 17.60 Bn | 15.42 Bn | 7.69 Bn | 0.98 |
| 4 | Nvr | 16.78 Bn | 15.69 Bn | 485.14 Mn | 1.72 |
| 5 | Toll Brothers | 13.05 Bn | 12.01 Bn | 625.22 Mn | 0.74 |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 0.78 |
| 7 | Meritage Homes | 4.38 Bn | 3.58 Bn | 254.14 Mn | 0.71 |
| 8 | M | 3.74 Bn | 3.01 Bn | 235.50 Mn | 0.88 |
| 9 | Kb Home | 3.20 Bn | 3.14 Bn | 174.03 Mn | 0.82 |
| 10 | Hovnanian Enterprises | 126.80 Mn | 119.29 Mn | 106.58 Mn | 0.99 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.99 |
| Apr 30, 2026 | 1.05 |
| Jan 31, 2026 | 1.09 |
| Oct 31, 2025 | 1.13 |
| Jul 31, 2025 | 1.21 |
| Apr 30, 2025 | 1.20 |
| Jan 31, 2025 | 1.20 |
| Oct 31, 2024 | 1.17 |
| Jul 31, 2024 | 1.20 |
| Apr 30, 2024 | 1.22 |
| Jan 31, 2024 | 1.17 |
| Oct 31, 2023 | 1.13 |
| Jul 31, 2023 | 1.13 |
| Apr 30, 2023 | 1.17 |
| Jan 31, 2023 | 1.15 |
| Oct 31, 2022 | 1.15 |
| Jul 31, 2022 | 1.16 |
| Apr 30, 2022 | 1.18 |
| Jan 31, 2022 | 1.20 |
| Oct 31, 2021 | 1.20 |