Hovnanian Enterprises Debt-to-Equity Ratio Growth & History (HOV)
Hovnanian Enterprises's debt-to-equity ratio was 1.12 for fiscal 2025.
View full Hovnanian Enterprises company overviewHovnanian Enterprises annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | 1.12 | −0.04 | −3.61% |
| 2024 | 2024-10-31 | 1.16 | −0.69 | −37.49% |
| 2023 | 2023-10-31 | 1.85 | −1.14 | −38.10% |
| 2022 | 2022-10-31 | 2.99 | −4.14 | −58.06% |
| 2021 | 2021-10-31 | 7.14 | — | — |
Hovnanian Enterprises quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-07-31 | 1.15 | 0.09 | +8.33% |
| Q2 2026 | 2026-04-30 | 1.14 | 0.06 | +5.62% |
| Q1 2026 | 2026-01-31 | 1.13 | −0.01 | −0.48% |
| Q4 2025 | 2025-10-31 | 1.12 | −0.04 | −3.61% |
| Q3 2025 | 2025-07-31 | 1.06 | −0.25 | −19.24% |
| Q2 2025 | 2025-04-30 | 1.08 | −0.40 | −26.98% |
| Q1 2025 | 2025-01-31 | 1.13 | −0.45 | −28.35% |
| Q4 2024 | 2024-10-31 | 1.16 | −0.69 | −37.49% |
| Q3 2024 | 2024-07-31 | 1.32 | −0.85 | −39.23% |
| Q2 2024 | 2024-04-30 | 1.48 | −1.18 | −44.37% |
| Q1 2024 | 2024-01-31 | 1.58 | −1.31 | −45.36% |
| Q4 2023 | 2023-10-31 | 1.85 | −1.14 | −38.10% |
| Q3 2023 | 2023-07-31 | 2.17 | −1.23 | −36.16% |
| Q2 2023 | 2023-04-30 | 2.66 | −1.79 | −40.19% |
| Q1 2023 | 2023-01-31 | 2.89 | −3.45 | −54.41% |
| Q4 2022 | 2022-10-31 | 2.99 | −4.14 | −58.06% |
| Q3 2022 | 2022-07-31 | 3.39 | −7.58 | −69.09% |
| Q2 2022 | 2022-04-30 | 4.45 | −15.41 | −77.58% |
| Q1 2022 | 2022-01-31 | 6.35 | — | — |
| Q4 2021 | 2021-10-31 | 7.14 | — | — |
| Q3 2021 | 2021-07-31 | 10.97 | — | — |
| Q2 2021 | 2021-04-30 | 19.87 | — | — |
Hovnanian Enterprises debt-to-equity ratio trends
Between the periods ended 2021-10-31 and 2025-10-31, Hovnanian Enterprises's debt-to-equity ratio decreased from 7.14 to 1.12, a change of −6.02. The latest reported quarter, Q3 2026, shows 1.15.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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