← HOVNANIAN ENTERPRISES INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Available to Common Stockholders, Basic | ($2.8m) |
($332.2m)
-11684.07%
|
$4.4m
+101.31%
|
($42.1m)
-1065.76%
|
$46.3m
+209.87%
|
$550.1m
+1088.83%
|
$195.1m
-64.53%
|
$179.2m
-8.16%
|
$222.9m
+24.38%
|
$51.2m
-77.01%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($2.8m) | ($332.2m) | $4.5m | ($42.1m) | $50.9m | $607.8m | $225.5m | $205.9m | $242.0m | $63.9m | — | |
| Depreciation, Depletion and Amortization | $3.6m | $4.2m | $3.2m | $4.2m | $5.3m | $5.3m | $5.5m | $8.8m | $7.7m | $13.9m | $15.4m | |
| Amortization of Debt Issuance Costs and Discounts | $12.8m | $13.9m | $8.8m | $8.1m | $1.9m | $242k | $376k | $1.6m | ($1.0m) | ($1.4m) | — | |
| Deferred Income Tax Expense (Benefit) | $6.9m | $285.6m | — | — | $0 | ($425.7m) | $80.9m | $42.0m | $61.8m | $11.4m | — | |
| Share-based Payment Arrangement, Noncash Expense | $2.9m | $557k | $3.7m | $721k | — | $7.7m | $10.3m | $14.2m | $25.3m | $16.7m | $12.2m | |
| Share-based Payment Arrangement, Expense | $2.9m | $600k | $3.7m | $700k | $2.8m | $7.7m | $10.3m | $14.2m | $25.3m | — | $12.2m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | $900k | $0 | $0 | $0 | $0 | $0 | — | — | |
| Income (Loss) from Equity Method Investments | ($4.3m) | ($7.0m) | $24.0m | $28.9m | $16.6m | $8.8m | $29.0m | $43.2m | $52.3m | $46.4m | — | |
| Other Nonoperating Income (Expense) | ($4.9m) | ($1.5m) | — | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($328.1m) | ($255.4m) | $58.8m | $220.6m | ($87.9m) | $35.5m | $279.0m | ($278.7m) | $183.5m | ($91.6m) | $268.5m | |
| Other Operating Income (Expense), Net | — | — | ($1.6m) | ($1.6m) | ($1.1m) | ($1.7m) | ($2.4m) | $17.1m | $46.2m | $37.4m | — | |
| Net Cash Provided by (Used in) Operating Activities | $387.7m |
$297.6m
-23.24%
|
($66.8m)
-122.46%
|
($249.1m)
-272.82%
|
$292.8m
+217.54%
|
$210.2m
-28.21%
|
$89.5m
-57.44%
|
$435.3m
+386.53%
|
$23.6m
-94.57%
|
$188.3m
+696.44%
|
$295.6m
+57.02%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.0m | $6.5m | $5.2m | $4.0m | $3.4m | $5.9m | $12.6m | $18.8m | $17.9m | $22.1m | ($24.2m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $632k | $166k | $3.6m | $25k | $81k | ($92k) | $34k | $1.1m | $1.1m | $535k | ($46.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($49.0m) | ($27.2m) | $35.5m | ($8.3m) | $2.1m | $9.0m | ($2.2m) | ($78.2m) | ($46.5m) | ($66.0m) | ($64.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($3.2m) | ($34.9m) | ($7.5m) | ($42.4m) | $13.3m | ($3.7m) | ($6.8m) | ($25.6m) | $1.4m | ($33.1m) | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $12.2m | $4.8m | $26.5m | $30.2m | — | |
| Dividends paid | — | — | — | — | — | $0 | $10.7m | $10.7m | $10.7m | $10.7m | ($10.7m) | |
| Net Cash Provided by (Used in) Financing Activities | ($245.7m) |
($147.8m)
+39.82%
|
($229.4m)
-55.18%
|
$206.7m
+190.10%
|
($167.8m)
-181.16%
|
($217.3m)
-29.50%
|
($16.5m)
+92.40%
|
($261.7m)
-1484.21%
|
($187.9m)
+28.19%
|
($70.4m)
+62.55%
|
($143k)
+99.80%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $89.4m | $124.0m | ($260.8m) | ($50.7m) | $127.2m | $1.9m | $70.8m | $95.3m | ($210.8m) | $51.9m | $350.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $101.8m | $89.8m | $112.0m | $109.1m | $89.5m | $87.2m | $44.9m | $62.6m | $47.8m | $45.4m | — | |
| Income Taxes Paid, Net | ($1.4m) | $1.1m | $2.5m | $3.5m | $3.0m | $7.7m | $14.1m | $9.4m | $9.7m | $16.0m | — | |
| Additional Financial Items | ||||||||||||
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $50.9m | $607.8m | $225.5m | — | — | — | — | |
| Income Tax Expense (Benefit) | $5.3m | $286.9m | $3.6m | $2.4m | $4.5m | ($418.0m) | $94.3m | $50.1m | $75.1m | $22.2m | — | |
| Operating Lease, Expense | — | — | — | — | $10.5m | $10.5m | $10.5m | $11.1m | $11.5m | $11.5m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | $4.0m | $26.3m | — | |
| Proceeds from Noncontrolling Interests | — | — | — | $683k | $0 | — | — | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.