MEDIUMBuilt-inGeographic
Texas
“10-K Item 1A: 'During fiscal year 2024, we experienced disruptions from Hurricane Beryl in Texas, our largest state in terms of deliveries.'”
HOV · Concentration risk · 10-K extracted
Hovnanian Enterprises (HOV) concentration risks
Updated
The most significant concentration Hovnanian Enterprises discloses is Texas, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Hovnanian Enterprises’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 1 disclosed concentration
HIGH0
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Hovnanian Enterprises' only disclosed concentration in the sources provided is geographic: the company identifies Texas as its largest state in terms of deliveries, noting that it experienced disruptions from Hurricane Beryl there in fiscal year 2024. This is a medium-size, structural exposure — a description of where the homebuilder's delivery volume is currently weighted rather than a dependency on any single customer, supplier, or counterparty. The character of this risk is largely climate- and market-cyclical: a state that generates a large share of deliveries is naturally more exposed to regional weather events, local housing-market conditions, and regional economic cycles than a more geographically diversified builder would be. Because no percentage figure or additional named exposure is disclosed in the sources, the size of this Texas weighting relative to Hovnanian's total delivery footprint cannot be quantified precisely, but the company's own disclosure of storm-related disruption there signals that regional weather risk is a live consideration for the business. No customer, supplier, or other geographic concentration is provided in the sources reviewed.
For the engine’s reasoning on HOV’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Residential Construction
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| CVCO | Cavco Industries, Inc. | 3 | 2 | 0 | 5 |
| DHI | D.R. Horton, Inc. | 2 | 0 | 0 | 2 |
| DFH | Dream Finders Homes, Inc. | 0 | 1 | 0 | 1 |
| GRBK | Green Brick Partners, Inc. | 0 | 1 | 0 | 1 |
| HOV● | Hovnanian Enterprises, Inc. | 0 | 1 | 0 | 1 |
| BZH | Beazer Homes USA, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.