Hovnanian Enterprises vs Installed Building Products
Hovnanian Enterprises and Installed Building Products are similar in size: $2.98bn and $2.97bn of revenue in their latest fiscal years. Installed Building Products grew faster (1.0% against -0.9%). Installed Building Products kept more of each dollar of sales as profit: a net margin of 8.9% against 1.7%. Hovnanian Enterprises carries less debt relative to equity (111.3% against 124.9%).
| Latest fiscal year | Hovnanian EnterprisesHOV, 2025 | Installed Building ProductsIBP, 2025 |
|---|---|---|
| Revenue | $2.98bn | $2.97bn |
| Revenue growth | -0.9% | 1.0% |
| Net income | $51.2m | $265m |
| Operating margin | — | 13.0% |
| Net margin | 1.7% | 8.9% |
| Return on equity | 6.3% | 37.5% |
| Free cash flow | $166m | $301m |
| Cash | — | $322m |
| Total debt | $925m | $887m |
| Debt to equity | 111.3% | 124.9% |
| Dividend per share | — | $3.18 |
| Dividend yield | — | 1.5% |
| Share buybacks | $30.2m | $173m |
| Employees | 1,891 | 10,400 |
| Market value | $647m | $5.64bn |
| Price vs our value range | Within our value range | Within our value range |
| Moat score | 36 (Weak) | 69 (Moderate) |
| Insider trades, 12 months | 0 buys, 2 sales | 27 buys, 7 sales |