Hovnanian Enterprises price to free cash flow HOV

Market value divided by free cash flow over the last twelve months, since 2013.

Today, Oct 23, 2026: 3.1×
10-year median: 2.6×
Against its 10-year history: 64th; percentile: 0 is its lowest day, 100 its highest
10-year range: 0.3× to 146×
Peer median: 22.6×

Hovnanian Enterprises' price to free cash flow is 3.1× as of Oct 23, 2026.

That is above its ten-year median of 2.6×, close to the middle of its last ten years.

Over that time it ranged from 0.3× in Apr 2023 to 146× in Jan 2025.

The median for 10 homebuilders of a similar size is 22.6×.

Price to free cash flow over time

median 2.6×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	3.1×	1.6×	4.7×
2025	3.6×	3.6×	146×
2024	140×	2.1×	141×
2023	2.3×	0.3×	5.5×
2022	3.3×	1.4×	3.7×
2021	4.5×	0.7×	5.2×
2020	0.7×	0.7×	8.3×
2019	n/m a value too high to mean anything
2018	2.8×	1.0×	5.2×
2017	1.7×	0.5×	1.7×
2016	1.1×	1.1×	2.0×
2015	n/m a value too high to mean anything
2014	91.7×	91.7×	120×
2013	116×	116×	116×

Against its peers

Companies in Residential Construction nearest Hovnanian Enterprises' size, closest first, today.

Company	Price to free cash flow
HOVHovnanian Enterprises	3.1×
SDHCSmith Douglas Homes	15.7×
DFHDream Finders Homes	n/m
LGIHLGI Homes	7.5×
CCSCentury Communities	46.9×
GRBKGreen Brick Partners	24.8×
KBHKB Home	99.7×
MHOM/I Homes	22.6×
GEOGEO	136×
TPCTutor Perini	6.5×
MTHMeritage Homes CORP	10.1×
Peer median	22.6×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Hovnanian Enterprises

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.