What is NVR, Inc.'s earnings per share (EPS)?

NVR, Inc. (NVR) reported diluted earnings per share of $436.55 for fiscal year 2025. This represents a -13.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

NVR, Inc. (NVR) Financials

NVR

Trailing 12 months to June 30, 2026

Revenue $9.5B -9.9% YoY

Net Income $1.1B -24.9% YoY

EPS (Diluted) $385.27 -18.6% YoY

Free Cash Flow $1.0B -13.4% YoY

Market Cap $16.0B as of Oct 9, 2026

Price / Sales 1.7x on $9.5B revenue, trailing 12 months to June 30, 2026

Price / Earnings 14.0x on $1.1B net income, trailing 12 months to June 30, 2026

Price / Book 4.7x on $3.4B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the NVR SEC filings page.

NVR, Inc. (NVR) reported $9.5B in revenue over the twelve months to Jun 30, 2026, down 9.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI NVR FY2025 2026-10-03

NVR converts most reported profit into cash, but 2025’s softer margins and large buybacks reduced equity and per-share earnings.

In FY2025, operating cash flow of $1.12B remained close to net income of $1.34B, while free cash flow was $1.10B against only $24.5M of capital spending. That combination indicates high cash conversion with limited reinvestment needs, while buybacks exceeding free cash flow explain why the balance sheet became smaller despite ongoing profitability.

Revenue edged down from $10.5B in FY2024 to $10.3B in FY2025. Net profit margin fell from 16.0% to 13.0% over the same period, so profit contracted faster than sales—evidence of margin pressure rather than a volume collapse.

Liabilities declined from $2.17B to $1.99B while debt-to-equity stayed near 0.5x, indicating lower absolute obligations without a major change in leverage posture. Shares outstanding fell from 3.0M to 2.8M, showing how capital returns can reshape per-share results even as total earnings weaken.

Financial Health Signals

Financial health score not available

NVR, Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/6

NVR, Inc. passes 4 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.84x

For every $1 of reported earnings, NVR, Inc. generates $0.84 in operating cash flow ($1.1B OCF vs $1.3B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue

$2.3B

YoY-10.5%

QoQ+23.7%

5Y CAGR+0.4%

10Y CAGR+5.3%

NVR, Inc. generated $2.3B in revenue in Q2 2026. This represents a decrease of 10.5% from the same quarter a year earlier. Against the prior quarter it is up 23.7%.

Net Income

$236.5M

YoY-29.1%

QoQ+19.2%

5Y CAGR-5.9%

10Y CAGR+9.9%

NVR, Inc. reported $236.5M in net income in Q2 2026. This represents a decrease of 29.1% from the same quarter a year earlier. Against the prior quarter it is up 19.2%.

EPS (Diluted)

$83.96

YoY-22.6%

QoQ+23.9%

5Y CAGR+0.4%

10Y CAGR+14.3%

NVR, Inc. earned $83.96 per diluted share (EPS) in Q2 2026. This represents a decrease of 22.6% from the same quarter a year earlier. Against the prior quarter it is up 23.9%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$157.7M

YoY-688.3%

QoQ-147.1%

NVR, Inc. recorded an outflow of $157.7M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 688.3% from the same quarter a year earlier. Against the prior quarter it is down 147.1%.

Cash & Debt

$1.2B

YoY-34.6%

QoQ-30.8%

5Y CAGR-14.8%

10Y CAGR+12.6%

NVR, Inc. held $1.2B in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

YoY-7.1%

QoQ-1.3%

NVR, Inc. had 3M shares outstanding in Q2 2026. This represents a decrease of 7.1% from the same quarter a year earlier. Against the prior quarter it is down 1.3%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Net Margin

10.2%

YoY-2.7pp

QoQ-0.4pp

5Y change-3.9pp

10Y change+3.6pp

NVR, Inc.'s net profit margin was 10.2% in Q2 2026, showing the share of revenue converted to profit. This is down 2.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.4 percentage points.

Return on Equity

7.0%

YoY-1.7pp

QoQ+1.3pp

5Y change-3.6pp

10Y change+0.2pp

NVR, Inc.'s ROE was 7.0% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 1.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.3 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$373.6M

YoY-20.7%

QoQ-40.9%

5Y CAGR-0.2%

10Y CAGR+44.5%

NVR, Inc. spent $373.6M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 20.7% from the same quarter a year earlier. Against the prior quarter it is down 40.9%.

Capital Expenditures

$6.2M

YoY-25.9%

QoQ+26.3%

5Y CAGR+11.8%

10Y CAGR-0.3%

NVR, Inc. invested $6.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 25.9% from the same quarter a year earlier. Against the prior quarter it is up 26.3%.

R&D Spending

Not reported for Q2 2026.

NVR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NVR quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$9.5B	$10.3B-1.9%	$10.5B+10.6%	$9.5B-9.6%	$10.5B+17.6%	$9.0B+18.8%	$7.5B+2.0%	$7.4B+3.1%	$7.2B+13.6%	$6.3B+8.3%	$5.8B+12.9%	$5.2B+16.1%	$4.4B+5.5%	$4.2B+32.2%	$3.2B+19.8%	$2.7B
Interest Expense	N/A	N/A	$27.8M+0.2%	$27.7M-29.8%	$39.5M-25.6%	$53.1M+30.0%	$40.9M+61.0%	$25.4M+1.2%	$25.1M+3.7%	$24.2M+11.4%	$21.7M-7.9%	$23.6M+1.8%	$23.1M+3.4%	$22.4M+197.3%	$7.5M+297.9%	$1.9M
Income Tax	$341.8M	$422.1M-2.6%	$433.6M+28.7%	$336.8M-36.2%	$527.6M+49.2%	$353.7M+100.1%	$176.8M+20.1%	$147.3M-9.4%	$162.5M-47.5%	$309.4M+30.9%	$236.4M+7.3%	$220.3M+28.1%	$171.9M+12.9%	$152.2M+61.1%	$94.5M+20.9%	$78.2M
Net Income	$1.1B	$1.3B-20.3%	$1.7B+5.7%	$1.6B-7.8%	$1.7B+39.5%	$1.2B+37.2%	$901.2M+2.6%	$878.5M+10.2%	$797.2M+48.3%	$537.5M+26.4%	$425.3M+11.1%	$382.9M+36.0%	$281.6M+5.7%	$266.5M+47.6%	$180.6M+39.5%	$129.4M
EPS (Basic)	N/A	$462.00-14.6%	$540.88+10.0%	$491.52-6.4%	$525.20+52.1%	$345.37+41.5%	$244.11+1.2%	$241.31+9.9%	$219.58+52.5%	$144.00+30.3%	$110.53+16.1%	$95.21+44.6%	$65.83+17.0%	$56.25+56.1%	$36.04+52.3%	$23.66
EPS (Diluted)	$385.27	$436.55-13.8%	$506.69+9.4%	$463.31-5.8%	$491.82+53.5%	$320.48+39.3%	$230.11+4.1%	$221.13+13.5%	$194.80+53.7%	$126.77+22.4%	$103.61+15.1%	$89.99+41.7%	$63.50+15.9%	$54.81+56.1%	$35.12+52.6%	$23.01
Diluted Shares (Avg)	N/A	3M-7.5%	3M-3.4%	3M-2.1%	4M-9.1%	4M-1.5%	4M-1.4%	4M-2.9%	4M-3.5%	4M+3.3%	4M-3.5%	4M-4.1%	4M-8.8%	5M-5.4%	5M-8.6%	6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$2.3B-10.5%	$1.9B-21.7%	$2.7B-4.7%	$2.6B-4.5%	$2.6B-0.5%	$2.4B+3.0%	$2.8B+17.0%	$2.7B+6.4%
Interest Expense	N/A	N/A	N/A	N/A	N/A	$7.5M+9.2%	N/A	N/A
Income Tax	$82.2M-27.5%	$53.3M-47.9%	$104.9M-8.9%	$101.4M-7.2%	$113.4M-14.5%	$102.4M+34.0%	$115.2M+55.7%	$109.3M+2.9%
Net Income	$236.5M-29.1%	$198.4M-33.8%	$363.8M-20.5%	$342.7M-20.2%	$333.7M-16.8%	$299.6M-24.0%	$457.4M+11.5%	$429.3M-0.9%
EPS (Basic)	$87.65-23.5%	$71.33-29.0%	$128.14-14.3%	$119.26-14.6%	$114.52-10.7%	$100.41-18.9%	$149.51+16.5%	$139.65+5.1%
EPS (Diluted)	$83.96-22.6%	$67.76-28.5%	$121.22-13.1%	$112.33-13.9%	$108.54-10.1%	$94.83-18.5%	$139.49+15.0%	$130.50+4.2%
Diluted Shares (Avg)	3M-8.4%	3M-7.3%	N/A	3M-7.3%	3M-7.4%	3M-6.7%	N/A	3M-4.9%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA.

NVR Balance Sheet

NVR quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$5.9B-8.2%	$6.4B-3.3%	$6.6B+16.6%	$5.7B-3.0%	$5.8B+1.0%	$5.8B+51.6%	$3.8B+20.3%	$3.2B+5.9%	$3.0B+13.1%	$2.6B+5.3%	$2.5B+6.8%	$2.4B-5.4%	$2.5B-4.6%	$2.6B+46.4%	$1.8B
Cash & Equivalents	$2.0B-26.6%	$2.7B-17.1%	$3.2B+24.9%	$2.6B-2.4%	$2.6B-6.1%	$2.8B+142.1%	$1.2B+58.5%	$732.2M+6.2%	$689.6M+65.7%	$416.0M-7.7%	$450.8M-17.3%	$545.4M-37.0%	$866.3M-24.9%	$1.2B+139.9%	$480.8M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$441K	N/A
Total Liabilities	$2.0B-8.2%	$2.2B-3.0%	$2.2B+3.8%	$2.2B-23.9%	$2.8B+5.9%	$2.7B+82.1%	$1.5B+8.2%	$1.4B-1.9%	$1.4B+3.3%	$1.3B+5.3%	$1.3B+3.7%	$1.2B+0.2%	$1.2B+8.9%	$1.1B+177.8%	$404.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$600.1M	N/A	N/A
Total Equity	$3.9B-8.2%	$4.2B-3.5%	$4.4B+24.5%	$3.5B+16.8%	$3.0B-3.2%	$3.1B+32.5%	$2.3B+29.5%	$1.8B+12.6%	$1.6B+23.1%	$1.3B+5.3%	$1.2B+10.2%	$1.1B-10.9%	$1.3B-14.8%	$1.5B+7.7%	$1.4B
Retained Earnings	$16.4B+8.9%	$15.0B+12.6%	$13.4B+13.5%	$11.8B+17.2%	$10.0B+14.0%	$8.8B+11.4%	$7.9B+12.5%	$7.0B+12.8%	$6.2B+9.4%	$5.7B+8.1%	$5.3B+7.8%	$4.9B+6.1%	$4.6B+6.1%	$4.3B+4.3%	$4.2B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.5B-7.9%	$5.6B-9.8%	$5.9B-8.2%	$6.0B-7.0%	$5.9B-7.3%	$6.2B-5.2%	$6.4B-3.3%	$6.5B+1.8%
Cash & Equivalents	$1.2B-34.6%	$1.7B-24.4%	$2.0B-26.6%	$2.0B-21.2%	$1.8B-27.6%	$2.3B-21.8%	$2.7B-17.1%	$2.6B-13.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$2.1B-0.7%	$2.1B-6.7%	$2.0B-8.2%	$2.1B-6.7%	$2.1B-7.9%	$2.2B+2.1%	$2.2B-3.0%	$2.2B+0.8%
Total Equity	$3.4B-11.8%	$3.5B-11.6%	$3.9B-8.2%	$4.0B-7.1%	$3.8B-7.0%	$4.0B-9.0%	$4.2B-3.5%	$4.3B+2.4%
Retained Earnings	$16.8B+7.3%	$16.6B+8.1%	$16.4B+8.9%	$16.0B+9.8%	$15.7B+10.7%	$15.3B+11.5%	$15.0B+12.6%	$14.6B+12.6%

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.

NVR Cash Flow Statement

NVR quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.1B	$1.1B-18.4%	$1.4B-8.2%	$1.5B-19.9%	$1.9B+50.5%	$1.2B+34.3%	$925.3M+6.8%	$866.5M+19.8%	$723.1M+26.8%	$570.4M+45.1%	$393.0M+73.4%	$226.7M+22.8%	$184.5M-31.7%	$270.2M+2.2%	$264.4M+17971.4%	$1.5M
Depreciation & Amortization	N/A	$24.5M+33.4%	$18.4M+8.6%	$16.9M-2.8%	$17.4M-10.6%	$19.5M-11.5%	$22.0M+5.6%	$20.8M+3.2%	$20.2M-11.0%	$22.7M+1.8%	$22.3M+3.4%	$21.5M+22.3%	$17.6M+31.5%	$13.4M+65.3%	$8.1M+21.4%	$6.7M
Stock-Based Compensation	N/A	$69.2M-6.4%	$73.9M-25.7%	$99.5M+20.6%	$82.5M+41.7%	$58.2M+14.6%	$50.8M-35.3%	$78.5M+3.7%	$75.7M+69.9%	$44.6M+2.2%	$43.6M-19.4%	$54.1M-14.4%	$63.2M+84.4%	$34.3M-47.1%	$64.8M+0.6%	$64.5M
Capital Expenditures	$20.2M	$24.5M-16.1%	$29.2M+17.4%	$24.9M+35.0%	$18.4M+3.1%	$17.9M+10.9%	$16.1M-29.0%	$22.7M+15.4%	$19.7M-3.0%	$20.3M-9.4%	$22.4M+22.4%	$18.3M-42.3%	$31.7M+66.6%	$19.0M+53.8%	$12.4M+8.0%	$11.4M
Free Cash Flow	$1.0B	$1.1B-18.5%	$1.3B-8.7%	$1.5B-20.4%	$1.9B+51.2%	$1.2B+34.7%	$909.1M+7.7%	$843.8M+20.0%	$703.5M+27.9%	$550.1M+48.4%	$370.6M+77.8%	$208.4M+36.3%	$152.9M-39.1%	$251.2M-0.3%	$252.0M+2625.0%	-$10.0M
Investing Cash Flow	-$17.0M	-$71.2M-168.2%	-$26.6M-10.2%	-$24.1M+12.1%	-$27.4M-50.9%	-$18.2M-362.2%	-$3.9M+70.4%	-$13.3M-62.5%	-$8.2M+46.2%	-$15.2M	N/A	N/A	N/A	-$34.5M-52.5%	-$22.6M+63.5%	-$61.9M
Financing Cash Flow	-$1.7B	-$1.8B+7.4%	-$1.9B-127.9%	-$833.0M+56.3%	-$1.9B-36.4%	-$1.4B-292.0%	$727.6M+271.3%	-$424.7M+36.8%	-$672.3M-138.7%	-$281.6M	N/A	N/A	N/A	-$523.0M-221.4%	$430.9M+166.0%	-$652.6M
Share Buybacks	$1.8B	$1.8B-10.9%	$2.1B+90.2%	$1.1B-27.9%	$1.5B-2.4%	$1.5B+314.5%	$371.1M-46.9%	$698.4M-17.5%	$846.1M+100.4%	$422.2M-7.3%	$455.4M+5.6%	$431.4M-24.0%	$567.5M+2.4%	$554.5M+144.0%	$227.3M-67.0%	$689.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$151.5M-531.6%	$339.7M+63.5%	$439.7M-31.0%	$438.7M+22.5%	$35.1M-84.9%	$207.8M+41.9%	$637.0M+28.5%	$358.3M-45.6%
Depreciation & Amortization	$6.4M+13.0%	$6.7M+16.6%	$6.9M+40.2%	$6.1M+30.1%	$5.7M+30.6%	$5.8M+32.0%	$5.0M+14.4%	$4.7M+12.1%
Stock-Based Compensation	$19.3M+8.3%	$13.3M-28.3%	N/A	N/A	$17.8M	$18.5M+8.1%	N/A	N/A
Capital Expenditures	$6.2M-25.9%	$4.9M-31.0%	$3.7M-33.8%	$5.4M-33.7%	$8.3M+29.1%	$7.1M-21.4%	$5.6M-11.9%	$8.2M+15.9%
Free Cash Flow	-$157.7M-688.3%	$334.8M+66.8%	$436.0M-30.9%	$433.3M+23.8%	$26.8M-88.2%	$200.7M+46.0%	$631.5M+29.0%	$350.1M-46.2%
Investing Cash Flow	-$8.5M+75.7%	$12.5M+183.0%	-$13.8M-104.8%	-$7.1M+17.8%	-$35.2M-698.9%	-$15.0M-123.0%	-$6.8M-0.1%	-$8.7M-25.4%
Financing Cash Flow	-$372.3M+18.7%	-$579.3M-1.7%	-$492.6M+7.8%	-$237.9M+23.2%	-$457.8M+26.6%	-$569.5M-32.3%	-$534.3M-119.4%	-$309.9M+29.4%
Share Buybacks	$373.6M-20.7%	$632.0M+8.3%	$502.1M-11.0%	$276.4M-22.7%	$471.4M-26.2%	$583.4M+17.4%	$564.3M+97.0%	$357.4M-26.2%

Not reported in any period shown, so not listed: Dividends Paid.

NVR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

NVR quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Net Margin	13.0%-3.0pp	16.0%-0.7pp	16.7%+0.3pp	16.4%+2.6pp	13.8%+1.9pp	12.0%+0.1pp	11.9%+0.8pp	11.1%+2.6pp	8.5%+1.2pp	7.3%-0.1pp	7.4%+1.1pp	6.3%0.0pp	6.3%+0.7pp	5.7%+0.8pp	4.9%
Return on Equity	34.7%-5.3pp	40.0%+3.5pp	36.5%-12.7pp	49.2%+8.0pp	41.2%+12.2pp	29.0%-8.5pp	37.5%-6.6pp	44.1%+10.6pp	33.5%+0.9pp	32.6%+1.7pp	30.9%+5.8pp	25.1%+3.9pp	21.1%+8.9pp	12.2%+2.8pp	9.4%
Return on Assets	22.9%-3.5pp	26.4%+2.2pp	24.1%-6.4pp	30.5%+9.3pp	21.2%+5.6pp	15.6%-7.5pp	23.1%-2.1pp	25.2%+7.2pp	18.0%+1.9pp	16.1%+0.8pp	15.3%+3.3pp	12.0%+1.3pp	10.7%+3.8pp	6.9%-0.3pp	7.3%
Debt-to-Equity	0.520.0x	0.520.0x	0.51-0.1x	0.61-0.3x	0.94+0.1x	0.86+0.2x	0.63-0.1x	0.75-0.1x	0.86-0.2x	1.030.0x	1.03-0.1x	1.09+0.6x	0.48-0.3x	0.76+0.5x	0.29
Asset Turnover	1.76+0.1x	1.65+0.2x	1.44-0.4x	1.86+0.3x	1.53+0.2x	1.30-0.6x	1.94-0.3x	2.26+0.2x	2.11-0.1x	2.20+0.1x	2.05+0.2x	1.89+0.2x	1.69+0.5x	1.22-0.3x	1.49
FCF Margin	10.6%-2.2pp	12.8%-2.7pp	15.5%-2.1pp	17.6%+3.9pp	13.7%+1.6pp	12.1%+0.6pp	11.4%+1.6pp	9.8%+1.1pp	8.7%+2.3pp	6.4%+2.3pp	4.0%+0.6pp	3.4%-2.5pp	6.0%-1.9pp	7.9%+8.3pp	-0.4%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Net Margin	10.2%-2.7pp	10.5%-1.9pp	13.4%-2.7pp	13.1%-2.6pp	12.8%-2.5pp	12.5%-4.4pp	16.1%-0.8pp	15.7%-1.2pp
Return on Equity	7.0%-1.7pp	5.7%-1.9pp	9.4%-1.5pp	8.6%-1.4pp	8.7%-1.0pp	7.6%-1.5pp	10.9%+1.5pp	10.1%-0.3pp
Return on Assets	4.3%-1.3pp	3.5%-1.3pp	6.2%-1.0pp	5.7%-0.9pp	5.6%-0.6pp	4.8%-1.2pp	7.2%+1.0pp	6.6%-0.2pp
Debt-to-Equity	0.61+0.1x	0.600.0x	0.520.0x	0.520.0x	0.540.0x	0.57+0.1x	0.520.0x	0.520.0x
Asset Turnover	0.430.0x	0.34-0.1x	0.460.0x	0.430.0x	0.440.0x	0.390.0x	0.45+0.1x	0.420.0x
FCF Margin	-6.8%-7.8pp	17.8%+9.4pp	16.1%-6.1pp	16.6%+3.8pp	1.0%-7.6pp	8.3%+2.5pp	22.2%+2.1pp	12.8%-12.5pp

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
NVR, Inc. NVR	FY2025	$10.3B	$1.3B	13.0%	$16.0B	—
Pultegroup, Inc. PHM	FY2025	$17.3B	$2.2B	12.8%	$21.4B	33/100
Lennar Corporation LEN	FY2025	$34.2B	$2.1B	6.1%	$18.1B	24/100
Toll Brothers, Inc. TOL	FY2025	$11.0B	$1.3B	12.3%	$12.3B	41/100
D.R. Horton Inc. DHI	FY2025	$34.3B	$3.6B	10.5%	$37.3B	25/100
Taylor Morrison Home Corporation TMHC	FY2025	$8.1B	$782.5M	9.6%	$6.7B	29/100

Where NVR, Inc. Ranks

Frequently Asked Questions

What is NVR, Inc.'s annual revenue?

NVR, Inc. (NVR) reported $10.3B in total revenue for fiscal year 2025. This represents a -1.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is NVR, Inc.'s revenue growing?

NVR, Inc. (NVR) revenue declined by 1.9% year-over-year, from $10.5B to $10.3B in fiscal year 2025.

Is NVR, Inc. profitable?

Yes, NVR, Inc. (NVR) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 13.0%.

What is NVR, Inc.'s net profit margin?

NVR, Inc. (NVR) had a net profit margin of 13.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is NVR, Inc.'s return on equity (ROE)?

NVR, Inc. (NVR) has a return on equity of 34.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is NVR, Inc.'s free cash flow?

NVR, Inc. (NVR) generated $1.1B in free cash flow during fiscal year 2025. This represents a -18.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is NVR, Inc.'s operating cash flow?

NVR, Inc. (NVR) generated $1.1B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are NVR, Inc.'s total assets?

NVR, Inc. (NVR) had $5.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are NVR, Inc.'s capital expenditures?

NVR, Inc. (NVR) invested $24.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does NVR, Inc. buy back shares?

Yes, NVR, Inc. (NVR) spent $1.8B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does NVR, Inc. have outstanding?

NVR, Inc. (NVR) had 3M shares outstanding as of fiscal year 2025.

What is NVR, Inc.'s debt-to-equity ratio?

NVR, Inc. (NVR) had a debt-to-equity ratio of 0.52 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is NVR, Inc.'s return on assets (ROA)?

NVR, Inc. (NVR) had a return on assets of 22.9% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is NVR, Inc.'s P/E ratio?

NVR, Inc. (NVR) trades at 14.0x earnings, its market capitalization divided by net income of $1.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $16.0B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is NVR, Inc.'s price-to-sales ratio?

NVR, Inc. (NVR) trades at 1.7x sales, its market capitalization divided by revenue of $9.5B revenue, trailing 12 months to June 30, 2026. The market capitalization is $16.0B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is NVR, Inc.'s Piotroski F-Score?

NVR, Inc. (NVR) has a Piotroski F-Score of 4 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are NVR, Inc.'s earnings high quality?

NVR, Inc. (NVR) has an earnings quality ratio of 0.84x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.