HOVHOVNANIAN ENTERPRISES INC
Operative Builders
- Revenue
- $3.0B
- 0.9% YoY
- Operating margin
- —
- EBITDA
- —
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- $681M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear42× net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear22% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $2.9B | $2.8B | $3.0B | $3.0B | 0.9% |
| Operating cash flow | $210M | $89M | $435M | $24M | $188M | 696% |
| Capex | $6M | $13M | $19M | $18M | $22M | 24% |
| Stock-based comp | $8M | $10M | $14M | $25M | $17M | 34% |
| Buybacks | $0 | $12M | $5M | $27M | $30M | 14% |
| Dividends | $0 | $11M | $11M | $11M | $11M | 0.0% |
Deal filings
None.
13D filers
None on file.
Insider trading
No open-market trades in the last 12 months.
Pay vs performance
No pay-versus-performance disclosure yet.