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HOVNANIAN ENTERPRISES INC（HOV）与JELD-WEN Holding, Inc.（JELD）财务数据对比。点击上方公司名可切换其他公司
HOVNANIAN ENTERPRISES INC的季度营收约是JELD-WEN Holding, Inc.的1.0倍（$817.9M vs $802.0M），HOVNANIAN ENTERPRISES INC净利率更高（-0.1% vs -5.2%，领先5.1%），JELD-WEN Holding, Inc.同比增速更快（-10.5% vs -16.5%），HOVNANIAN ENTERPRISES INC自由现金流更多（$164.0M vs $3.4M），过去两年HOVNANIAN ENTERPRISES INC的营收复合增速更高（17.3% vs -8.6%）
霍夫纳尼安企业是美国知名房地产企业，业务覆盖住宅开发全流程，包含设计、建造与销售，产品线丰富，不仅开发独立独栋住宅，也开发联排别墅、公寓以及养老住宅等高密度居住物业。
JELD-WEN是一家总部位于美国北卡罗来纳州夏洛特的企业，在全球19个国家运营着超过120家生产基地。公司主营设计、生产并销售室内外门窗、各类材质窗品、墙体系统、淋浴隔断、衣帽间系统等建筑部件，产品广泛应用于住宅与非住宅建筑的新建、维修及改造工程。
HOV vs JELD — 直观对比
营收规模更大
HOV
是对方的1.0倍
$802.0M
营收增速更快
JELD
高出6.0%
-16.5%
净利率更高
HOV
高出5.1%
-5.2%
自由现金流更多
HOV
多$160.6M
$3.4M
两年增速更快
HOV
近两年复合增速
-8.6%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $817.9M | $802.0M |
| 净利润 | $-667.0K | $-41.9M |
| 毛利率 | — | 14.7% |
| 营业利润率 | -0.5% | -1.8% |
| 净利率 | -0.1% | -5.2% |
| 营收同比 | -16.5% | -10.5% |
| 净利润同比 | -100.7% | 38.7% |
| 每股收益（稀释后） | $-0.57 | $-0.50 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HOVJELD
| Q4 25 | $817.9M | $802.0M | ||
| Q3 25 | $800.6M | $809.5M | ||
| Q2 25 | $686.5M | $823.7M | ||
| Q1 25 | $673.6M | $776.0M | ||
| Q4 24 | $979.6M | $895.7M | ||
| Q3 24 | $722.7M | $934.7M | ||
| Q2 24 | $708.4M | $986.0M | ||
| Q1 24 | $594.2M | $959.1M |
净利润HOVJELD
| Q4 25 | $-667.0K | $-41.9M | ||
| Q3 25 | $16.6M | $-367.6M | ||
| Q2 25 | $19.7M | $-21.5M | ||
| Q1 25 | $28.2M | $-190.1M | ||
| Q4 24 | $94.3M | $-68.4M | ||
| Q3 24 | $72.9M | $-74.4M | ||
| Q2 24 | $50.8M | $-18.5M | ||
| Q1 24 | $23.9M | $-27.7M |
毛利率HOVJELD
| Q4 25 | — | 14.7% | ||
| Q3 25 | — | 17.4% | ||
| Q2 25 | — | 17.4% | ||
| Q1 25 | — | 14.4% | ||
| Q4 24 | — | 16.4% | ||
| Q3 24 | — | 19.2% | ||
| Q2 24 | — | 19.3% | ||
| Q1 24 | — | 18.0% |
营业利润率HOVJELD
| Q4 25 | -0.5% | -1.8% | ||
| Q3 25 | 3.0% | -25.0% | ||
| Q2 25 | 3.9% | -1.7% | ||
| Q1 25 | 5.9% | -23.8% | ||
| Q4 24 | 12.0% | -5.7% | ||
| Q3 24 | 13.5% | -5.6% | ||
| Q2 24 | 9.8% | 0.5% | ||
| Q1 24 | 5.5% | -2.9% |
净利率HOVJELD
| Q4 25 | -0.1% | -5.2% | ||
| Q3 25 | 2.1% | -45.4% | ||
| Q2 25 | 2.9% | -2.6% | ||
| Q1 25 | 4.2% | -24.5% | ||
| Q4 24 | 9.6% | -7.6% | ||
| Q3 24 | 10.1% | -8.0% | ||
| Q2 24 | 7.2% | -1.9% | ||
| Q1 24 | 4.0% | -2.9% |
每股收益（稀释后）HOVJELD
| Q4 25 | $-0.57 | $-0.50 | ||
| Q3 25 | $1.99 | $-4.30 | ||
| Q2 25 | $2.43 | $-0.25 | ||
| Q1 25 | $3.58 | $-2.24 | ||
| Q4 24 | $12.47 | $-0.80 | ||
| Q3 24 | $9.75 | $-0.88 | ||
| Q2 24 | $6.66 | $-0.22 | ||
| Q1 24 | $2.91 | $-0.32 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $136.1M |
| 总债务越低越好 | $900.7M | $1.1B |
| 股东权益账面价值 | $830.9M | $92.2M |
| 总资产 | $2.6B | $2.1B |
| 负债/权益比越低杠杆越低 | 1.08× | 12.47× |
8季度趋势，按日历期对齐
现金及短期投资HOVJELD
| Q4 25 | — | $136.1M | ||
| Q3 25 | — | $106.7M | ||
| Q2 25 | — | $134.1M | ||
| Q1 25 | — | $132.5M | ||
| Q4 24 | — | $150.3M | ||
| Q3 24 | — | $208.5M | ||
| Q2 24 | — | $212.8M | ||
| Q1 24 | — | $234.5M |
总债务HOVJELD
| Q4 25 | $900.7M | $1.1B | ||
| Q3 25 | $861.9M | $1.2B | ||
| Q2 25 | $864.3M | $1.2B | ||
| Q1 25 | $893.7M | $1.2B | ||
| Q4 24 | $896.2M | $1.2B | ||
| Q3 24 | $898.7M | $1.2B | ||
| Q2 24 | $933.0M | $1.2B | ||
| Q1 24 | $934.6M | $1.2B |
股东权益HOVJELD
| Q4 25 | $830.9M | $92.2M | ||
| Q3 25 | $835.4M | $113.9M | ||
| Q2 25 | $820.4M | $477.1M | ||
| Q1 25 | $811.4M | $452.1M | ||
| Q4 24 | $800.3M | $620.1M | ||
| Q3 24 | $703.4M | $720.3M | ||
| Q2 24 | $647.0M | $770.0M | ||
| Q1 24 | $607.1M | $811.5M |
总资产HOVJELD
| Q4 25 | $2.6B | $2.1B | ||
| Q3 25 | $2.6B | $2.2B | ||
| Q2 25 | $2.6B | $2.5B | ||
| Q1 25 | $2.5B | $2.4B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.5B | $2.8B | ||
| Q2 24 | $2.3B | $2.9B | ||
| Q1 24 | $2.3B | $2.9B |
负债/权益比HOVJELD
| Q4 25 | 1.08× | 12.47× | ||
| Q3 25 | 1.03× | 10.14× | ||
| Q2 25 | 1.05× | 2.42× | ||
| Q1 25 | 1.10× | 2.56× | ||
| Q4 24 | 1.12× | 1.86× | ||
| Q3 24 | 1.28× | 1.64× | ||
| Q2 24 | 1.44× | 1.53× | ||
| Q1 24 | 1.54× | 1.46× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $169.1M | $32.8M |
| 自由现金流经营现金流 - 资本支出 | $164.0M | $3.4M |
| 自由现金流率自由现金流/营收 | 20.0% | 0.4% |
| 资本支出强度资本支出/营收 | 0.6% | 3.7% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $166.2M | $-124.6M |
8季度趋势，按日历期对齐
经营现金流HOVJELD
| Q4 25 | $169.1M | $32.8M | ||
| Q3 25 | $52.8M | $11.2M | ||
| Q2 25 | $22.3M | $34.6M | ||
| Q1 25 | $-55.9M | $-83.5M | ||
| Q4 24 | $115.8M | $28.2M | ||
| Q3 24 | $-92.3M | $37.6M | ||
| Q2 24 | $89.1M | $51.4M | ||
| Q1 24 | $-89.0M | $-11.0M |
自由现金流HOVJELD
| Q4 25 | $164.0M | $3.4M | ||
| Q3 25 | $45.8M | $-13.1M | ||
| Q2 25 | $16.0M | $5.3M | ||
| Q1 25 | $-59.6M | $-120.3M | ||
| Q4 24 | $111.4M | $-23.9M | ||
| Q3 24 | $-95.8M | $-4.3M | ||
| Q2 24 | $84.7M | $14.7M | ||
| Q1 24 | $-94.4M | $-42.2M |
自由现金流率HOVJELD
| Q4 25 | 20.0% | 0.4% | ||
| Q3 25 | 5.7% | -1.6% | ||
| Q2 25 | 2.3% | 0.6% | ||
| Q1 25 | -8.8% | -15.5% | ||
| Q4 24 | 11.4% | -2.7% | ||
| Q3 24 | -13.3% | -0.5% | ||
| Q2 24 | 12.0% | 1.5% | ||
| Q1 24 | -15.9% | -4.4% |
资本支出强度HOVJELD
| Q4 25 | 0.6% | 3.7% | ||
| Q3 25 | 0.9% | 3.0% | ||
| Q2 25 | 0.9% | 3.6% | ||
| Q1 25 | 0.5% | 4.7% | ||
| Q4 24 | 0.5% | 5.8% | ||
| Q3 24 | 0.5% | 4.5% | ||
| Q2 24 | 0.6% | 3.7% | ||
| Q1 24 | 0.9% | 3.3% |
现金转化率HOVJELD
| Q4 25 | — | — | ||
| Q3 25 | 3.18× | — | ||
| Q2 25 | 1.13× | — | ||
| Q1 25 | -1.98× | — | ||
| Q4 24 | 1.23× | — | ||
| Q3 24 | -1.27× | — | ||
| Q2 24 | 1.75× | — | ||
| Q1 24 | -3.72× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HOV
| Home Building | $789.8M | 97% |
| Financial Services | $28.1M | 3% |
| Management Fees | $7.1M | 1% |
JELD
| North America Segment | $522.0M | 65% |
| Europe Segment | $280.0M | 35% |
