Hovnanian Enterprises Inc (HOV) — Free Cash Flow Generation Index

Latest as of January 2026: 0.94x

Hovnanian Enterprises Inc (HOV) has a Free Cash Flow Generation Index of 0.94x as of January 2026. Free cash flow of $132.12 Million represents 1% of operating cash flow ($140.89 Million). Explore reinvestment intensity of Hovnanian Enterprises Inc to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.94x
Free Cash Flow / Operating CF

Free Cash Flow

$132.12 Million
USD

Operating Cash Flow

$140.89 Million
USD

Capital Expenditures

$8.77 Million
USD

Hovnanian Enterprises Inc Free Cash Flow Generation Index (1990–2025)

Historical FCF Generation Index trend for Hovnanian Enterprises Inc across 18 annual periods. For the full cash flow conversion analysis, see Hovnanian Enterprises Inc cash conversion from operations.

Annual Free Cash Flow Generation for Hovnanian Enterprises Inc (1990–2025)

Year-by-year Free Cash Flow Generation Index for Hovnanian Enterprises Inc. Check HOV cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.88x $166.18 Million $188.28 Million $22.10 Million ▲ +260.9%
2024 0.24x $5.78 Million $23.64 Million $17.86 Million ▼ -73.2%
2023 0.91x $195.87 Million $214.69 Million $18.82 Million ▲ +6.2%
2022 0.86x $76.87 Million $89.47 Million $12.59 Million ▼ -11.6%
2021 0.97x $204.27 Million $210.21 Million $5.94 Million ▼ -1.7%
2020 0.99x $289.45 Million $292.83 Million $3.38 Million ▲ +1.0%
2017 0.98x $295.10 Million $301.58 Million $6.48 Million ▼ -0.1%
2016 0.98x $378.99 Million $387.00 Million $8.01 Million ▲ +17.7%
2013 0.83x $7.71 Million $9.27 Million $1.56 Million ▼ -10.0%
2010 0.92x $30.03 Million $32.49 Million $2.46 Million ▼ -6.5%
2008 0.99x $456.83 Million $462.07 Million $5.24 Million ▲ +153.3%
2007 0.39x $24.19 Million $61.97 Million $37.78 Million ▼ -59.8%
2002 0.97x $241.64 Million $248.54 Million $6.90 Million ▲ +19.0%
2001 0.82x $30.29 Million $37.07 Million $6.78 Million ▲ +31.2%
1999 0.62x $22.10 Million $35.48 Million $25.60 Million ▼ -34.4%
1998 0.95x $59.10 Million $62.20 Million $3.10 Million ▲ +13.1%
1996 0.84x $31.00 Million $36.90 Million $5.90 Million ▲ +52.8%
1990 0.55x $16.77 Million $30.50 Million $1.50 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).