NVR, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Eugene James Bredow
- Full Time Employees
- 6,300
- Sector
- Consumer Cyclical
- Industry
- Residential Construction
- Address
- Plaza America Tower I Reston VA United States of America 20190
- IPO Date
- Jul 22, 1985
- CIK
- 0000906163
- Website
- nvrinc.com
- Similar Companies
- Business
- NVR, Inc. (NYSE: NVR) operates as one of the largest homebuilders in the United States, engaging in the construction and sale of single-family detached homes, townhomes, and condominium buildings through its Homebuilding segment; it also conducts mortgage banking and title services via its Mortgage Banking segment. The company markets homes under the Ryan Homes brand to first-time and first-time move-up buyers, NVHomes to move-up and luxury buyers, and Heartland Homes to similar upscale segments; Ryan Homes, NVHomes, and Heartland Homes offerings include a range of standardized designs with structural building components manufactured at company facilities in states such as Maryland, Virginia, Pennsylvania, New York, New Jersey, North Carolina, Ohio, and Tennessee. NVR Mortgage provides mortgage financing exclusively to its homebuyers, while NVR Settlement Services delivers title searches, insurance brokering, and settlement services; the company employs a land-light model, acquiring finished lots to minimize development risk and enhance capital efficiency. Founded in 1980 as NVHomes, Inc. by Dwight C. Schar and headquartered in Reston, Virginia, NVR, Inc. conducts operations across 36 metropolitan areas in 16 states--including Maryland, New York, North Carolina, Virginia, Ohio, Indiana, Illinois, South Carolina, Pennsylvania, Tennessee, Florida, Delaware, West Virginia, New Jersey, Kentucky, and Georgia--as well as Washington, D.C., with approximately 22% of 2021 revenue derived from the Washington metropolitan area. The company supports its subsidiaries through centralized sales and marketing, human resources, and information technology functions, serving approximately 7,000 employees and ranking as the fourth-largest U.S. homebuilder by homes closed as of 2023. Recent developments include multiple $750 million share repurchase authorizations approved by the Board of Directors on May 7, 2024, and December 11, 2024, underscoring confidence in its capital-efficient model amid high interest rates; in 2025, NVR executed over $1.05 billion in repurchases during the first half while reporting full-year 2024 revenues of $10.52 billion, up 11%, and net income of $1.68 billion, up 6%. The company appointed Michael J. DeVito and George R. Oliver to its board in 2025, bolstering expertise in financial regulation and manufacturing operations; additionally, NVR signed a lease for 68,000 square feet at 1900 and 1910 Oracle Way in Reston during 2025, signaling a headquarters relocation for potential operational consolidation and expansion. Full-year 2024 homebuilding revenues reached approximately $9.5 billion, with mortgage banking contributing about $200 million to earnings through integrated financing services.
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