Name | Value |
---|---|
Revenues | 650.0M |
Cost of Revenue | 513.9M |
Gross Profit | 136.0M |
Operating Expense | 75.1M |
Operating I/L | 88.0M |
Other Income/Expense | 1,124.9M |
Interest Income | 13.5M |
Pretax | 70.4M |
Income Tax Expense | 14.6M |
Net Income/Loss | 55.8M |
Hovnanian Enterprises, Inc. specializes in the design, construction, marketing, and sale of a wide range of residential homes in the United States. Their offerings include single-family detached homes, attached townhomes and condominiums, urban infill, and active lifestyle homes with various amenities. The company targets diverse buyer segments, including first-time buyers, move-up buyers, luxury buyers, active lifestyle buyers, and empty nesters. Additionally, they provide mortgage loans and title insurance services to facilitate home purchases. Hovnanian generates revenue through the sale of residential properties and the provision of related financial services.