Hovnanian Enterprises, Inc. (HOV) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HOV Revenue Growth
Revenue Breakdown (FY 2025)
HOV's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HOV Revenue Analysis (2014–2025)
As of May 8, 2026, Hovnanian Enterprises, Inc. (HOV) generated trailing twelve-month (TTM) revenue of $2.98 billion, reflecting significant decline in growth of -16.5% year-over-year. The most recent quarter (Q4 2025) recorded $817.9 million in revenue, up 2.2% sequentially.
Looking at the longer-term picture, HOV's 5-year compound annual growth rate (CAGR) stands at +4.9%, indicating moderate growth over time. The company achieved its highest annual revenue of $3.00 billion in 2024.
Revenue diversification analysis shows HOV's business is primarily driven by Home Building (97%), and Financial Service (3%). With over half of revenue concentrated in Home Building, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including DHI (-5.6% YoY), LEN (-3.8% YoY), and PHM (-5.9% YoY), HOV has underperformed the peer group in terms of revenue growth. Compare HOV vs DHI →
HOV Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HOVCurrent | $3.0B | -16.5% | +4.9% | 4.3% | |
 DHI | $34.3B | -5.6% | +11.0% | 12.9% | |
 LEN | $34.2B | -3.8% | +8.8% | 8.0% | |
 PHM | $17.3B | -5.9% | +9.4% | 17.3% | |
 TOL | $11.0B | +1.1% | +9.2% | 15.7% | |
 MHO | $4.4B | -1.5% | +7.7% | 11.5% |
HOV Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.98B | -0.9% | $420.7M | 14.1% | $127.7M | 4.3% |
| 2024 | $3.00B | +9.0% | $601.8M | 20.0% | $259.6M | 8.6% |
| 2023 | $2.76B | -5.7% | $580.1M | 21.0% | $276.9M | 10.0% |
| 2022 | $2.92B | +5.0% | $643.4M | 22.0% | $343.7M | 11.8% |
| 2021 | $2.78B | +18.7% | $540.8M | 19.4% | $257.9M | 9.3% |
| 2020 | $2.34B | +16.2% | $372.2M | 15.9% | $140.6M | 6.0% |
| 2019 | $2.02B | +1.3% | $298.6M | 14.8% | $88.7M | 4.4% |
| 2018 | $1.99B | -18.8% | $325.4M | 16.3% | $115.8M | 5.8% |
| 2017 | $2.45B | -10.9% | $351.2M | 14.3% | $82.7M | 3.4% |
| 2016 | $2.75B | +28.1% | $358.9M | 13.0% | $93.0M | 3.4% |
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Start ComparisonHOV — Frequently Asked Questions
Quick answers to the most common questions about buying HOV stock.
Is HOV's revenue growth accelerating or slowing?
HOV revenue declined -16.5% year-over-year, contrasting with the 5-year CAGR of +4.9%. TTM revenue fell to $3.0B. This reverses the prior growth trend.
What is HOV's long-term revenue growth rate?
Hovnanian Enterprises, Inc.'s 5-year revenue CAGR of +4.9% reflects the variable expansion pattern. Current YoY growth of -16.5% is below this long-term average.
How is HOV's revenue distributed by segment?
HOV reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.