Hovnanian Enterprises (HOVNP) Change in Inventory (2010 - 2026)
Hovnanian Enterprises' (HOVNP) quarterly Change in Inventory came in at $71.4 million in Q3 2026, up 303.93% on a YoY basis from $17.7 million in Q3 2025, and down 15.43% quarter-over-quarter from $84.4 million in Q2 2026.
Analysis
Hovnanian Enterprises (HOVNP) Change in Inventory (2010 - 2026) Analysis & Trends
Hovnanian Enterprises (HOVNP) has reported Change in Inventory for 17 consecutive years, with $71.4 million the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Change in Inventory rose 303.93% year-over-year to $71.4 million; the trailing twelve-month figure through Jul 2026 stood at -$162.2 million (down 439.01% YoY), and the FY2025 full-year result was -$91.6 million, down 149.94% from the prior year.
- Change in Inventory fell to $71.4 million in Q3 2026 per HOVNP's latest filing, from $84.4 million in the prior quarter.
- Across five years, Change in Inventory topped out at $159.2 million in Q1 2022 and bottomed at -$180.7 million in Q1 2026.
- Historically, Change in Inventory has averaged $20.2 million across 5 years, with a median of $14.9 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Change in Inventory surged 1082.72% in 2024, then tumbled 420246.51% in 2026.
- Over 5 years, Change in Inventory stood at -$53.9 million in 2022, then decreased by 14.12% to -$61.5 million in 2023, then jumped by 103.66% to $2.3 million in 2024, then plunged by 6193.65% to -$137.2 million in 2025, then jumped by 151.99% to $71.4 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $71.4 million, $84.4 million, and -$180.7 million for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 38.05 Bn | 35.92 Bn | 2.15 Bn | 532.90 Mn |
| 2 | Pultegroup | 21.87 Bn | 20.50 Bn | 1.06 Bn | 430.91 Mn |
| 3 | Lennar | 18.56 Bn | 16.38 Bn | 7.69 Bn | 436.85 Mn |
| 4 | Nvr | 16.43 Bn | 15.34 Bn | 485.14 Mn | 296.78 Mn |
| 5 | Toll Brothers | 12.30 Bn | 11.24 Bn | 625.22 Mn | 328.54 Mn |
| 6 | Taylor Morrison Home | 6.77 Bn | 6.12 Bn | 290.64 Mn | 127.34 Mn |
| 7 | Meritage Homes | 4.07 Bn | 3.26 Bn | 254.14 Mn | -98.28 Mn |
| 8 | M | 3.55 Bn | 2.81 Bn | 235.50 Mn | 117.81 Mn |
| 9 | Kb Home | 2.97 Bn | 2.91 Bn | 174.03 Mn | 35.58 Mn |
| 10 | Hovnanian Enterprises | 123.43 Mn | 113.63 Mn | 106.58 Mn | 71.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 71.35 Mn |
| Apr 30, 2026 | 84.37 Mn |
| Jan 31, 2026 | -180.66 Mn |
| Oct 31, 2025 | -137.23 Mn |
| Jul 31, 2025 | -34.99 Mn |
| Apr 30, 2025 | 80.53 Mn |
| Jan 31, 2025 | 43,000.00 |
| Oct 31, 2024 | 2.25 Mn |
| Jul 31, 2024 | 112.86 Mn |
| Apr 30, 2024 | -46.26 Mn |
| Jan 31, 2024 | 114.67 Mn |
| Oct 31, 2023 | -61.46 Mn |
| Jul 31, 2023 | 95.30 Mn |
| Apr 30, 2023 | 14.90 Mn |
| Jan 31, 2023 | -11.67 Mn |
| Oct 31, 2022 | -53.86 Mn |
| Jul 31, 2022 | 94.29 Mn |
| Apr 30, 2022 | 79.34 Mn |
| Jan 31, 2022 | 159.23 Mn |
| Oct 31, 2021 | -61.06 Mn |