Hovnanian Enterprises (HOVNP) Gross Margin (2010 - 2026)
Hovnanian Enterprises (HOVNP) reported Gross Margin of 65.99% for Q1 2026, down 3401.0% on a YoY basis from 2.0% in Q1 2025, and down 16.83% quarter-over-quarter from 79.34% in Q4 2025.
Hovnanian Enterprises (HOVNP) Gross Margin (2010 - 2026) Analysis & Trends
Hovnanian Enterprises has reported Gross Margin for 17 years, with the latest figure at 65.99% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 3401.0% year-over-year to 65.99%; the trailing twelve-month figure through Jan 2026 stood at 77.17% (down 5521.0% YoY), and the FY2025 full-year result was 80.67%, down 765.0% from the prior year.
- Gross Margin for Q1 2026 stood at 65.99%, down from 79.34% in the prior quarter.
- The five-year high for Gross Margin was 227.02% in Q4 2024, with the low at 21.46% in Q4 2022.
- Historically, Gross Margin has averaged 76.87% across 5 years, with a median of 80.93% in 2025.
- Annual changes were most pronounced in 2024 — Gross Margin surged 17145 bps — and 2025, when it sank 14768 bps.
- Hovnanian Enterprises' Gross Margin stood at 21.46% in 2022, then surged by 159 bps to 55.57% in 2023, then surged by 309 bps to 227.02% in 2024, then slumped by 65 bps to 79.34% in 2025, then slipped by 17 bps to 65.99% in 2026.
- The last three Gross Margin figures came in at 65.99% (Q1 2026), 79.34% (Q4 2025), and 80.93% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 45.38 Bn | 44.04 Bn | 1.70 Bn | 22.54% |
| 2 | Pultegroup | 24.44 Bn | 22.63 Bn | 881.27 Mn | 25.85% |
| 3 | Lennar | 21.94 Bn | 19.74 Bn | 6.36 Bn | 96.10% |
| 4 | Nvr | 18.01 Bn | 16.36 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 14.79 Bn | 13.70 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.87 Bn | 6.87 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.83 Bn | 5.36 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 5.11 Bn | 4.34 Bn | -269,000.00 | -0.07% |
| 9 | Cavco Industries | 4.75 Bn | 4.72 Bn | 135.92 Mn | 23.39% |
| 10 | Hovnanian Enterprises | - | - | 417.00 Mn | 65.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 65.99% |
| Oct 31, 2025 | 79.34% |
| Jul 31, 2025 | 80.93% |
| Apr 30, 2025 | 80.49% |
| Jan 31, 2025 | 100.00% |
| Oct 31, 2024 | 227.02% |
| Jul 31, 2024 | 81.37% |
| Apr 30, 2024 | 84.31% |
| Jan 31, 2024 | 100.00% |
| Oct 31, 2023 | 55.57% |
| Jul 31, 2023 | 83.56% |
| Apr 30, 2023 | 89.15% |
| Jan 31, 2023 | 85.08% |
| Oct 31, 2022 | 21.46% |
| Jul 31, 2022 | 25.46% |
| Apr 30, 2022 | 25.14% |
| Jan 31, 2022 | 21.86% |
| Oct 31, 2021 | 21.60% |
| Jul 31, 2021 | 21.47% |
| Apr 30, 2021 | 20.60% |