Hovnanian Enterprises, Inc. (HOV)

Hovnanian Enterprises Income Statement

Financials in millions USD. Fiscal year is November - October.

Year Ending	TTM	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020	Oct 31, 2019
Revenue	2,840	2,756	2,922	2,783	2,344	2,017
Revenue Growth (YoY)	-1.18%	-5.69%	5.01%	18.73%	16.21%	1.29%
Cost of Revenue	2,189	2,135	2,236	2,198	1,932	1,682
Gross Profit	650.44	620.86	685.85	584.93	412.27	335.13
Selling, General & Admin	320.91	304.77	296.15	276.59	241.81	233.15
Other Operating Expenses	-20.69	-17.15	2.42	1.74	1.1	1.56
Operating Expenses	300.22	287.63	298.58	278.33	242.91	234.71
Operating Income	350.22	333.23	387.28	306.61	169.36	100.42
Interest Expense / Income	43.91	54.08	47.34	77.72	103.8	90.06
Other Expense / Income	12.57	23.2	20.18	39.03	10.16	50.03
Pretax Income	293.74	255.95	319.75	189.86	55.4	-39.67
Income Tax	65.97	50.06	94.26	-417.96	4.48	2.45
Net Income	227.77	205.89	225.49	607.82	50.93	-42.12
Preferred Dividends	10.68	10.68	10.68	0	0	0
Net Income Common	217.09	195.22	214.82	607.82	50.93	-42.12
Net Income Growth	20.32%	-9.12%	-64.66%	1093.48%	-	-
Shares Outstanding (Basic)	6	6	6	6	6	6
Shares Outstanding (Diluted)	7	7	7	6	7	6
Shares Change	6.81%	-0.92%	5.21%	-2.87%	10.32%	-1.71%
EPS (Basic)	31.94	28.76	30.31	87.50	7.48	-7.06
EPS (Diluted)	29.86	26.88	29.00	85.86	7.03	-7.06
EPS Growth	20.50%	-7.31%	-66.22%	1121.34%	-	-
Free Cash Flow	351.74	418.42	76.94	204.3	289.56	-253.1
Free Cash Flow Per Share	54.47	67.16	11.95	32.50	46.79	-42.41
Gross Margin	22.91%	22.53%	23.47%	21.02%	17.59%	16.62%
Operating Margin	12.33%	12.09%	13.25%	11.02%	7.23%	4.98%
Profit Margin	7.65%	7.08%	7.35%	21.84%	2.17%	-2.09%
Free Cash Flow Margin	12.39%	15.18%	2.63%	7.34%	12.35%	-12.55%
Effective Tax Rate	22.46%	19.56%	29.48%	-220.14%	8.08%	-
EBITDA	344.13	318.83	372.55	272.86	164.51	54.56
EBITDA Margin	12.12%	11.57%	12.75%	9.80%	7.02%	2.71%
Depreciation & Amortization	6.49	8.8	5.46	5.28	5.3	4.17
EBIT	337.64	310.03	367.1	267.58	159.2	50.39
EBIT Margin	11.89%	11.25%	12.56%	9.62%	6.79%	2.50%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).