NVR vs PHM
NVR Inc. and PulteGroup Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NVR | PHM |
|---|---|---|
| Revenue | $10.3B | $17.3B |
| Net income | $1.3B | $2.2B |
| Gross margin | · | · |
| Net margin | 13.0% | 12.8% |
| Return on equity | 33.2% | 17.7% |
| Diluted EPS | $436.55 | $11.12 |
| Dividend / share | · | $0.92 |
| Payout ratio | · | 8.0% |
| Free cash flow | $1.1B | $1.7B |
| Equity | $3.9B | $13.0B |
| Net debt / equity | · | −0.15× |
| Current ratio | · | · |
| Revenue CAGR 5y | 6.5% | 9.4% |
| Profit CAGR 5y | 8.3% | 9.5% |
PHM bills 1.7× the revenue of NVR, and NVR keeps more of each dollar of revenue as profit (13.0% against 12.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | NVR | PHM |
|---|---|---|
| FY2025 | $10.3B | $17.3B |
| FY2024 | $10.5B | $17.9B |
| FY2023 | $9.5B | $16.1B |
| FY2022 | $10.5B | $16.0B |
| FY2021 | $9.0B | $13.7B |
| FY2020 | $7.5B | $11.0B |
| FY2019 | $7.4B | $10.2B |
| FY2018 | $7.2B | $10.2B |
| FY2017 | $6.3B | $8.6B |
| FY2016 | $5.8B | $7.7B |
Bottom line
| Fiscal year | NVR | PHM |
|---|---|---|
| FY2025 | $1.3B | $2.2B |
| FY2024 | $1.7B | $3.1B |
| FY2023 | $1.6B | $2.6B |
| FY2022 | $1.7B | $2.6B |
| FY2021 | $1.2B | $1.9B |
| FY2020 | $901.2M | $1.4B |
| FY2019 | $878.5M | $1.0B |
| FY2018 | $797.2M | $1.0B |
| FY2017 | $537.5M | $447.2M |
| FY2016 | $425.3M | $602.7M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$6,987,994,000 | PHM |
| FY2024 | −$7,422,471,000 | PHM |
| FY2023 | −$6,543,376,000 | PHM |
| FY2022 | −$5,476,545,000 | PHM |
| FY2021 | −$4,785,970,000 | PHM |
| FY2020 | −$3,499,159,000 | PHM |
| FY2019 | −$2,824,293,000 | PHM |
| FY2018 | −$3,024,657,000 | PHM |
| FY2017 | −$2,271,846,000 | PHM |
| FY2016 | −$1,853,986,000 | PHM |
| FY2015 | −$822,956,000 | PHM |
| FY2014 | −$1,377,795,000 | PHM |
| FY2013 | −$1,468,328,000 | PHM |
| FY2012 | −$1,635,348,000 | PHM |
| FY2011 | −$1,477,541,000 | PHM |
| FY2010 | −$1,527,398,000 | PHM |
| FY2009 | −$1,340,541,000 | PHM |
PHM has reported the higher revenue in every one of these 17 fiscal years. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +0.2 pp | NVR |
| FY2024 | −1.2 pp | PHM |
| FY2023 | +0.5 pp | NVR |
| FY2022 | +0.0 pp | NVR |
| FY2021 | −0.4 pp | PHM |
| FY2020 | −0.8 pp | PHM |
| FY2019 | +1.9 pp | NVR |
| FY2018 | +1.1 pp | NVR |
| FY2017 | +3.3 pp | NVR |
| FY2016 | −0.5 pp | PHM |
| FY2015 | −0.8 pp | PHM |
| FY2014 | −1.8 pp | PHM |
| FY2013 | −39.8 pp | PHM |
| FY2012 | +1.4 pp | NVR |
| FY2011 | +10.0 pp | NVR |
| FY2010 | +30.8 pp | NVR |
| FY2009 | +36.0 pp | NVR |
The higher net margin has changed hands between NVR and PHM over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's net margin has been more volatile than NVR's over the 17 comparable fiscal years — 16.0 percentage points of standard deviation against 3.9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NVR and PHM over these 17 fiscal years — NVR led in 10 and PHM in 7.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PHM's return on equity has been more volatile than NVR's over the 18 comparable fiscal years — 29.5 percentage points of standard deviation against 13.8.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NVR and PHM over these 18 fiscal years — NVR led in 17 and PHM in 1.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.