NVR vs TMHC
NVR Inc. and Taylor Morrison Home Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NVR | TMHC |
|---|---|---|
| Revenue | $10.3B | $8.1B |
| Net income | $1.3B | $782.5M |
| Gross margin | · | 23.0% |
| Net margin | 13.0% | 9.7% |
| Return on equity | 33.2% | 12.9% |
| Diluted EPS | $436.55 | $7.77 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $1.1B | $777.0M |
| Equity | $3.9B | $6.3B |
| Net debt / equity | · | 0.23× |
| Current ratio | · | · |
| Revenue CAGR 5y | 6.5% | 5.8% |
| Profit CAGR 5y | 8.3% | 26.3% |
NVR bills 1.3× the revenue of TMHC, and keeps more of each dollar of revenue as profit (13.0% against 9.7%).
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 | TMHC |
|---|---|---|
| FY2025 | $10.3B | $8.1B |
| FY2024 | $10.5B | $8.2B |
| FY2023 | $9.5B | $7.4B |
| FY2022 | $10.5B | $8.2B |
| FY2021 | $9.0B | $7.5B |
| FY2020 | $7.5B | $6.1B |
| FY2019 | $7.4B | $4.8B |
| FY2018 | $7.2B | $4.2B |
| FY2017 | $6.3B | $3.9B |
| FY2016 | $5.8B | $3.6B |
Bottom line
| Fiscal year | NVR | TMHC |
|---|---|---|
| FY2025 | $1.3B | $782.5M |
| FY2024 | $1.7B | $883.3M |
| FY2023 | $1.6B | $768.9M |
| FY2022 | $1.7B | $1.1B |
| FY2021 | $1.2B | $663.0M |
| FY2020 | $901.2M | $243.4M |
| FY2019 | $878.5M | $254.7M |
| FY2018 | $797.2M | $206.4M |
| FY2017 | $537.5M | $91.2M |
| FY2016 | $425.3M | $52.6M |
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$2,202,479,000 | NVR |
| FY2024 | +$2,356,343,000 | NVR |
| FY2023 | +$2,100,371,000 | NVR |
| FY2022 | +$2,301,517,000 | NVR |
| FY2021 | +$1,449,760,000 | NVR |
| FY2020 | +$1,407,603,000 | NVR |
| FY2019 | +$2,626,605,000 | NVR |
| FY2018 | +$2,936,281,000 | NVR |
| FY2017 | +$2,420,550,000 | NVR |
| FY2016 | +$2,272,515,000 | NVR |
| FY2015 | +$2,182,188,000 | NVR |
| FY2014 | +$1,736,136,000 | NVR |
| FY2013 | +$2,295,186,000 | NVR |
| FY2012 | +$2,143,468,000 | NVR |
NVR has reported the higher revenue in every one of these 14 fiscal years. The gap has widened since the earliest year compared.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
14 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +3.2 pp | NVR |
| FY2024 | +5.1 pp | NVR |
| FY2023 | +6.3 pp | NVR |
| FY2022 | +3.6 pp | NVR |
| FY2021 | +4.7 pp | NVR |
| FY2020 | +7.9 pp | NVR |
| FY2019 | +6.5 pp | NVR |
| FY2018 | +6.1 pp | NVR |
| FY2017 | +4.0 pp | NVR |
| FY2016 | +1.5 pp | NVR |
| FY2015 | −0.3 pp | TMHC |
| FY2014 | −3.5 pp | TMHC |
| FY2013 | +1.4 pp | NVR |
| FY2012 | −35.7 pp | TMHC |
The higher net margin has changed hands between NVR and TMHC over this period.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TMHC's net margin has been more volatile than NVR's over the 14 comparable fiscal years — 9.1 percentage points of standard deviation against 3.8.
14 of 17 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 TMHC over these 14 fiscal years — NVR led in 11 and TMHC in 3.
14 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NVR's return on equity has been more volatile than TMHC's over the 14 comparable fiscal years — 10.3 percentage points of standard deviation against 10.0.
14 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 TMHC over these 14 fiscal years — NVR led in 13 and TMHC in 1.
14 of 18 comparable fiscal years — a year missing data on either side is not counted.