Guarantor Subsidiaries was Hovnanian Enterprises’s largest revenue line in fiscal 2014, bringing in $3.32B of $4.13B (80%).
| Legal Entity | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 |
|---|---|---|---|---|---|
| Guarantor Subsidiaries | $2.21B | $2.73B | $2.80B | $3.32B | |
| Non-Guarantor Subsidiaries | $14.72M | $174.25M | $623.46M | $804.88M | |
| Subsidiary Issuer | -$490.00K | -$540.00K | $163.16M | — | |
| Parent Company | $42.00K | $18.00K | $6.00K | — | |
| Consolidation, Eliminations | — | — | — | — | |
| Total | $2.22B | $2.90B | $3.59B | $4.13B |
Hovnanian Enterprises brought in $4.13B from its two revenue lines in fiscal 2014, the year ended October 31, 2014. Hovnanian Enterprises regrouped these revenue lines after fiscal 2013, so the total does not compare directly with that year's $3.59B. Guarantor Subsidiaries was the largest at $3.32B (80.5%), ahead of Non-Guarantor Subsidiaries at $804.88M (19.5%).
Compared with fiscal 2013, Non-Guarantor Subsidiaries grew 29.1% to $804.88M and Guarantor Subsidiaries grew 18.5% to $3.32B.
Hovnanian Enterprises stopped reporting Subsidiary Issuer ($163.16M in fiscal 2013) and Parent Company ($6.00K in fiscal 2013) as separate revenue lines.
Hovnanian Enterprises (HOV) reports its revenue by legal entity. In fiscal 2014, Guarantor Subsidiaries was its largest revenue line, bringing in $3.32B (80.5% of the total), followed by Non-Guarantor Subsidiaries at $804.88M (19.5%).
Guarantor Subsidiaries was Hovnanian Enterprises' largest revenue line in fiscal 2014, bringing in $3.32B, or 80.5% of the $4.13B total across its two revenue lines.
Every figure comes from Hovnanian Enterprises' annual financial filings, as reported. Each line keeps the name Hovnanian Enterprises gives it, and years follow its fiscal calendar.
Hovnanian Enterprises' revenue by legal entity goes back to fiscal 2010, with figures through fiscal 2014. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.