NVR Inc (NVR)

NVR, Inc. operates as a homebuilder in the United States. The company operates through Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers. It also provides various mortgage related services to its homebuilding customers, as well as brokers title insurance; performs title searches; and sells mortgage loans to investors in the secondary markets on a servicing released basis. The company primarily serves Maryland, Virginia, West Virginia, Delaware, Washington, D.C., New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Tennessee, Florida, Georgia, and Kentucky. NVR, Inc. was founded in 1948 and is headquartered in Reston, Virginia.

Symbol
NVR
Exchange
NYSE
Sector
Consumer Cyclical
Industry
Residential Construction
Market cap
$16.17B
52 week range
5501.01 - 8200

Valuation

Share price
$5993.85 (close of 2026-10-02)
P/E (TTM)
14.76x
Price to book
4.77x
Price to free cash flow
15.45x
Enterprise value
$16.02B
Book value per share
$1257.10

Price performance

PeriodChange
1 day-2.16%
5 days-4.82%
1 month-5.26%
3 months-11.21%
6 months-10.04%
Year to date-17.81%
1 year-25.74%
3 years+0.55%
5 years+25.25%
10 years+265.51%
All time+19629.59%

Members of Congress who disclosed NVR trades

Maria Elvira Salazar · Robert Bresnahan

Super investors holding NVR

Francois Rochon (Giverny Capital Inc) · Warren Buffett (Berkshire Hathaway) · Ken Griffin (Citadel) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity
34.67%
Return on assets
22.88%
Net margin
12.98%
EBITDA margin
17.30%
Revenue growth
-1.91%
Net income growth
-20.34%
Free cash flow growth
-18.47%

Cash flow and balance sheet

Free cash flow yield (TTM)
6.47%
Net debt to EBITDA
-0.10x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$10.32B
EBITDA
$1.79B
Net income
$1.34B
Earnings per share
$462.00
Shares outstanding
2.90M

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$10.32B$1.34B$462.00
2024-12-31$10.52B$1.68B$540.88
2023-12-31$9.52B$1.59B$491.52
2022-12-31$10.53B$1.73B$525.20
2021-12-31$8.95B$1.24B$345.37
2020-12-31$7.54B$901.25M$244.11
2019-12-31$7.39B$878.54M$241.31
2018-12-31$7.16B$797.20M$219.58
2017-12-31$6.31B$537.52M$144.00
2016-12-31$5.82B$425.26M$110.53

Margins and returns by year

Period endNet marginReturn on equity
2025-12-3112.98%34.67%
2024-12-3115.98%39.95%
2023-12-3116.72%36.47%
2022-12-3116.39%49.21%
2021-12-3113.82%41.19%
2020-12-3111.96%29.04%
2019-12-3111.89%37.52%
2018-12-3111.13%44.08%
2017-12-318.52%33.48%
2016-12-317.30%32.60%

Cash and debt by year

Period endCash
2025-12-31$1.96B
2024-12-31$2.66B
2023-12-31$3.22B
2022-12-31$2.57B
2021-12-31$2.64B
2020-12-31$2.81B
2019-12-31$1.16B
2018-12-31$732.25M
2017-12-31$689.56M
2016-12-31$416.04M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$1.10B$69.21M
2024-12-31$1.35B$73.92M
2023-12-31$1.47B$99.51M
2022-12-31$1.85B$82.54M
2021-12-31$1.22B$58.23M
2020-12-31$909.15M$50.79M
2019-12-31$843.84M$78.53M
2018-12-31$703.46M$75.70M
2017-12-31$550.09M$44.56M
2016-12-31$370.62M$43.60M

Dividend history

Most recent payment
1990-02-23
Payment dateDividend per share
1990-02-23$0.17
1989-10-26$0.23
1989-07-26$0.22
1989-04-19$0.20
1989-02-16$0.19
1988-11-08$0.13
1988-07-26$0.13
1988-03-25$0.08

Investor relations

Next earnings report

Next confirmed report
2026-10-28
Consensus EPS estimate
$108.53

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-23Jun/2026$94.82
2026-04-22Mar/2026$78.25
2026-01-28Dec/2025$104.96
2025-10-22Sep/2025$107.88
2025-07-23Jun/2025$104.89
2025-04-22Mar/2025$107.87
2025-01-28Dec/2024$126.41
2024-10-22Sep/2024$132.08

Filings and sources

Company website
nvrinc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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