NVR, Inc.

NVR, Inc.

NVR
NVR, Inc.US flagNew York Stock Exchange
6,375.78
USD
-103.92
- -
17.21BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
890.07
1,040.09
1,284.31
1,515.5
1,691.32
1,976.11
2,032.63
2,043.84
2,502.02
3,207.03
2,944.68
3,390.22
3,566.15
3,445.51
Basic EPS, GAAP
56.25
65.83
95.21
110.54
143.99
219.55
241.29
244.11
345.36
525.13
491.54
540.81
462.01
434.6
Free Cash Flow per Basic Share
53.03
35.74
51.82
96.34
147.36
193.74
231.76
246.25
341.95
563.5
454.95
432.56
378.21
431.9
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
972.3
1,142.45
1,310.37
1,480.53
1,669.47
1,936.53
2,172.5
2,386.6
2,805.93
3,582.96
4,127.62
4,838.31
5,650.68
5,819.42
Tangible Book Value per Share
264.85
261.55
307.11
328.27
430.08
498.09
643.02
840.49
838.42
1,067.21
1,347.97
1,353.72
1,332.71
1,225.98
Basic Weighted Avg Shares
5
4
4
4
4
4
4
4
4
3
3
3
3
3
Sales/Revenue/Turnover
4,216
4,450
5,165
5,830
6,314
7,175
7,401
7,546
8,960
10,538
9,535
10,544
10,342
9,820
Operating Margin (%)
10.35
10.63
12.06
11.65
13.66
13.52
13.83
14.56
18.23
21.36
18.92
18.91
16.33
15.66
Depreciation Expense
13
18
22
22
23
20
21
22
19
17
17
18
25
25
Net Income, GAAP
266
282
383
425
538
797
879
901
1,237
1,726
1,592
1,682
1,340
1,239
Effective Tax Rate (%)
36.36
37.9
36.52
35.73
36.53
16.94
14.36
16.4
22.24
23.42
17.46
20.5
23.96
23.15
Profit Margin (%)
6.32
6.33
7.41
7.29
8.51
11.11
11.87
11.94
13.8
16.37
16.69
15.95
12.96
12.61
Working Capital
1,439
1,297
1,454
1,515
1,891
2,098
2,647
4,290
4,161
4,050
4,771
4,687
4,197
3,888
LT Debt
602
599
596
596
597
598
684
1,590
1,591
1,008
1,014
1,020
1,053
1,050
Total Equity
1,261
1,124
1,239
1,304
1,605
1,809
2,341
3,103
3,002
3,507
4,365
4,210
3,865
3,494
Return on Invested Capital (%)
14.07
16.38
22.22
23.36
26.68
34.98
32.28
23.8
27.35
37.85
30.09
29.88
25.32
24.82
Return on Capital (%)
5.53
5.54
7.01
7.22
8.43
11.32
11.1
9.85
11.6
14.38
11.89
11.19
8.13
7.41
Return on Common Equity (%)
5.96
5.93
7.54
7.76
9.01
12.02
11.76
10.78
13.12
15.82
12.66
11.84
8.52
7.76

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
910
909
909
LT Finance Leases
121
144
141
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
23,752
21,155
18,781

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
5,406
5,136
4,930
Cash, Cash Equivalents & STI
1,971
1,916
1,682
Accounts Receivable, Net
41
33
35
Inventories
2,131
1,724
1,939
Total Current Liabilities
1,038
939
1,042
Payables & Accruals
761
690
768
ST Debt
- -
- -
- -
Deferred Revenue
277
249
273

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.93%
5.25%
-8.2%
Free Cash Flow
22.01%
7.66%
-18.47%
Net Income, GAAP
15.29%
10.86%
-20.34%
Sales/Revenue/Turnover
7.54%
7.1%
-1.91%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,338
2,617
2,738
2,851
10,544
2025
2,407
2,603
2,614
2,717
10,342
2026
1,885
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
123.75
128.21
139.66
149.83
540.81
2025
100.39
114.53
119.24
128.51
462.01
2026
71.33
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

MCPAPIChat
CEO
Eugene James Bredow
Full Time Employees
7,000
Sector
Consumer Cyclical
Industry
Residential Construction
Address
Plaza America Tower I Reston VA United States of America 20190
IPO Date
Jul 22, 1985
Website
nvrinc.com
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.

Company News

MCPAPIChat
  • Buffett Just Bought a Homebuilder. One Stock in That Industry Crushed the S&P 500 by 34x Since 1996

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  • PSMMY or NVR: Which Is the Better Value Stock Right Now?

  • 4 High-Flying Stocks Stubbornly Resist Splits—Here's Which Might Crack First

  • NVR (NVR) Down 9.3% Since Last Earnings Report: Can It Rebound?

  • Will GE Vernova, MercadoLibre, or NVR Be the Next Big Stock Split?

  • NVR, INC. ANNOUNCES SHARE REPURCHASE AUTHORIZATION

  • Mortgage Rates Just Hit a Four-Week High Thanks to Iran. Are Homebuilder Stocks a Buy on the Dip?

  • A 45% Trim Inside a 12-Stock Fund Tells You More Than the Share Count

  • NVR, Inc.: Forward Indicators Have Improved, But P&L Hasn't (Rating Upgrade To Hold)

  • NVR: Fundamental Resilience And Reasonable Valuation Warrant A Buy Amid Market Volatility

  • Homebuilder Earnings: D.R. Horton Sticks Out as Pulte & NVR Sales Tank

  • NVR's Q1 Earnings Miss Estimates, Homebuilding Revenues Down Y/Y

  • Is NVR Inc. (NVR) Still Undervalued After Q1 2026 Miss? EPS $67.76 (miss vs. $79.53 est.), Revenue $1.88B (miss vs. $2.069B est.); GF Score 87/100, 13.3% Undervalued

  • NVR (NVR) Misses Q1 Earnings and Revenue Estimates

  • NVR, INC. ANNOUNCES FIRST QUARTER RESULTS

  • Earnings Preview: NVR (NVR) Q1 Earnings Expected to Decline

  • 3 Homebuilder Stocks Signaling Opportunity in a High-Rate World

  • Here's an overlooked reason the housing market could soon get even worse

  • DHI or NVR: Which Is the Better Value Stock Right Now?