Hovnanian Enterprises, Inc. (HOV)

Hovnanian Enterprises Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Net Income	63.87	242.01	205.89	225.49	607.82
Depreciation & Amortization	13.86	7.73	8.8	5.46	5.28
Other Amortization	-	-	-	-	0.24
Loss (Gain) From Sale of Assets	-0.54	-1.14	-1.11	-0.03	0.09
Asset Writedown & Restructuring Costs	39.57	11.56	1.54	14.08	3.63
Loss (Gain) From Sale of Investments	-22.68	-	-	-	-
Loss (Gain) on Equity Investments	-42.03	-48.34	-24.51	-25.04	0.86
Stock-Based Compensation	16.67	25.27	14.23	10.28	7.67
Other Operating Activities	12.88	-48.07	8.18	7.17	3.75
Change in Accounts Receivable	5.51	-11.9	11.3	-2.63	-3.02
Change in Inventory	91.64	-183.52	278.67	-279	-35.51
Change in Accounts Payable	-36.4	-0.35	-59.55	7.71	71.37
Change in Income Taxes	-5.26	3.62	-1.31	-0.68	0.02
Change in Other Net Operating Assets	39.73	-34.99	-48.85	45.53	-26.74
Operating Cash Flow	188.28	23.64	435.28	89.47	210.21
Operating Cash Flow Growth	696.44%	-94.57%	386.53%	-57.44%	-28.21%
Capital Expenditures	-22.1	-17.86	-18.82	-12.59	-5.94
Sale of Property, Plant & Equipment	1.81	1.42	1.96	0.06	0.03
Investment in Securities	-45.72	-30.03	-61.38	10.38	14.91
Investing Cash Flow	-66.01	-46.47	-78.24	-2.15	9
Short-Term Debt Issued	-	20.64	16.43	-	47.74
Long-Term Debt Issued	1,303	426.89	1,031	663.87	295.82
Total Debt Issued	1,303	447.53	1,048	663.87	343.56
Short-Term Debt Repaid	-37.05	-	-	-40.62	-
Long-Term Debt Repaid	-1,269	-594.28	-1,280	-605.86	-557.47
Total Debt Repaid	-1,306	-594.28	-1,280	-646.48	-557.47
Net Debt Issued (Repaid)	-3.18	-146.75	-232.37	17.39	-213.91
Repurchase of Common Stock	-30.24	-26.53	-4.8	-12.22	-
Preferred Dividends Paid	-10.68	-10.68	-10.68	-10.68	-
Dividends Paid	-10.68	-10.68	-10.68	-10.68	-
Other Financing Activities	-26.28	-3.97	-13.87	-11.01	-3.37
Financing Cash Flow	-70.39	-187.93	-261.71	-16.52	-217.27
Net Cash Flow	51.89	-210.76	95.33	70.79	1.94
Free Cash Flow	166.18	5.78	416.45	76.87	204.27
Free Cash Flow Growth	2774.62%	-98.61%	441.74%	-62.37%	-29.43%
Free Cash Flow Margin	5.58%	0.19%	15.11%	2.63%	7.34%
Free Cash Flow Per Share	24.11	0.82	62.47	11.43	31.94
Cash Interest Paid	45.42	47.8	62.58	44.87	87.23
Cash Income Tax Paid	16.03	9.69	9.41	14.06	7.67
Levered Free Cash Flow	32.28	-125.09	295.16	-45.91	185.65
Unlevered Free Cash Flow	54.43	-105.87	328.96	-16.32	233.98
Change in Working Capital	106.68	-165.37	222.22	-148.2	-419.55

Updated Dec 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q