Hovnanian Enterprises EBIT 2024

Hovnanian Enterprises EBIT

334.77 M USD

Hovnanian Enterprises Dividend yield

Ticker

HOV

ISIN

US4424874018

WKN

A2N69Z

In 2024, Hovnanian Enterprises's EBIT was 334.77 M USD, a -16.6% increase from the 401.4 M USD EBIT recorded in the previous year.

The Hovnanian Enterprises EBIT history

YEAREBIT (undefined USD)
2023334.77
2022401.4
2021310.3
2020178.2
2019106.7
2018133.5
2017144.2
2016171.5
2015109.9
2014134.7
2013136
201256.5
2011-69.9
2010-64.5
2009-252.7
2008-355.4
2007-102.8
2006616.1
2005802.2
2004598

Hovnanian Enterprises Aktienanalyse

What does Hovnanian Enterprises do?

Hovnanian Enterprises Inc. is an American company founded in 1959 by Kevork S. Hovnanian. The company is headquartered in Red Bank, New Jersey and operates in the construction industry. The company is involved in the construction and sale of residential properties. It develops and builds a variety of residential properties, ranging from single-family homes to multi-family homes and large luxury properties. The company operates in three different divisions, each offering different products and services. The first division, K. Hovnanian Homes, develops and builds single-family homes, townhouses, and condominiums in various price ranges and sizes. This division mainly focuses on selling properties to individuals and families. The second division, K. Hovnanian Senior Housing Services, specializes in the development and construction of senior living communities. This includes assisted living, independent living, and nursing homes for seniors. This division provides services for older adults who require assistance with daily living or have special needs. The third division, K. Hovnanian American Mortgage LLC, offers financial services for homebuyers. This includes mortgage and refinancing services. This division sets the company apart from other construction companies by offering one-stop financing for its properties. The company's business model is primarily based on the construction, development, and sale of residential properties. However, the company also has other business areas, such as property management and maintenance services, as well as property leasing. Hovnanian Enterprises Inc. has received numerous awards and recognition over the years for the quality of its properties and services. The company places great importance on customer satisfaction and strives to offer high-quality properties at reasonable prices. Overall, Hovnanian Enterprises Inc. is a reputable company in the construction industry that is able to develop and offer high-quality properties due to its extensive experience and expertise. The company specializes in building and developing properties for various clients and also offers additional services. Hovnanian Enterprises ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Hovnanian Enterprises's EBIT

Hovnanian Enterprises's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Hovnanian Enterprises's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Hovnanian Enterprises's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Hovnanian Enterprises’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Hovnanian Enterprises Stock

How much did Hovnanian Enterprises achieve in EBIT for the current year?

In the current year, Hovnanian Enterprises has achieved an EBIT of 334.77 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Hovnanian Enterprises.

How has the EBIT of Hovnanian Enterprises developed in recent years?

The EBIT of Hovnanian Enterprises has increased by -16.599% decreased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Hovnanian Enterprises?

The EBIT of Hovnanian Enterprises is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Hovnanian Enterprises pay?

Over the past 12 months, Hovnanian Enterprises paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Hovnanian Enterprises is expected to pay a dividend of 0 USD.

What is the dividend yield of Hovnanian Enterprises?

The current dividend yield of Hovnanian Enterprises is .

When does Hovnanian Enterprises pay dividends?

Hovnanian Enterprises pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Hovnanian Enterprises?

Hovnanian Enterprises paid dividends every year for the past 0 years.

What is the dividend of Hovnanian Enterprises?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Hovnanian Enterprises located?

Hovnanian Enterprises is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Hovnanian Enterprises kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Hovnanian Enterprises from 5/16/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did Hovnanian Enterprises pay the last dividend?

The last dividend was paid out on 5/16/2024.

What was the dividend of Hovnanian Enterprises in the year 2023?

In the year 2023, Hovnanian Enterprises distributed 0 USD as dividends.

In which currency does Hovnanian Enterprises pay out the dividend?

The dividends of Hovnanian Enterprises are distributed in USD.

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Andere Kennzahlen von Hovnanian Enterprises

Our stock analysis for Hovnanian Enterprises Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Hovnanian Enterprises Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.