NVR vs TPC
NVR Inc. and Tutor Perini Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NVR | TPC |
|---|---|---|
| Revenue | $10.3B | $5.5B |
| Net income | $1.3B | $80.4M |
| Gross margin | · | 11.7% |
| Net margin | 13.0% | 2.6% |
| Return on equity | 33.2% | 6.8% |
| Diluted EPS | $436.55 | $1.51 |
| Dividend / share | · | $0.06 |
| Payout ratio | · | 3.9% |
| Free cash flow | $1.1B | $567.2M |
| Equity | $3.9B | $1.2B |
| Net debt / equity | · | −0.27× |
| Current ratio | · | 1.27× |
| Revenue CAGR 5y | 6.5% | 0.8% |
| Profit CAGR 5y | 8.3% | −5.8% |
NVR bills 1.9× the revenue of TPC, and keeps more of each dollar of revenue as profit (13.0% against 2.6%).
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 | TPC |
|---|---|---|
| FY2025 | $10.3B | $5.5B |
| FY2024 | $10.5B | $4.3B |
| FY2023 | $9.5B | $3.9B |
| FY2022 | $10.5B | $3.8B |
| FY2021 | $9.0B | $4.6B |
| FY2020 | $7.5B | $5.3B |
| FY2019 | $7.4B | $4.5B |
| FY2018 | $7.2B | $4.5B |
| FY2017 | $6.3B | $4.8B |
| FY2016 | $5.8B | $5.0B |
Bottom line
| Fiscal year | NVR | TPC |
|---|---|---|
| FY2025 | $1.3B | $80.4M |
| FY2024 | $1.7B | $-163.7M |
| FY2023 | $1.6B | $-171.2M |
| FY2022 | $1.7B | $-210.0M |
| FY2021 | $1.2B | $91.9M |
| FY2020 | $901.2M | $108.4M |
| FY2019 | $878.5M | $-387.7M |
| FY2018 | $797.2M | $83.4M |
| FY2017 | $537.5M | $148.4M |
| FY2016 | $425.3M | $95.8M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$4,780,920,000 | NVR |
| FY2024 | +$6,197,557,000 | NVR |
| FY2023 | +$5,637,975,000 | NVR |
| FY2022 | +$6,735,679,000 | NVR |
| FY2021 | +$4,309,195,000 | NVR |
| FY2020 | +$2,218,160,000 | NVR |
| FY2019 | +$2,937,832,000 | NVR |
| FY2018 | +$2,709,012,000 | NVR |
| FY2017 | +$1,548,632,000 | NVR |
| FY2016 | +$849,468,000 | NVR |
NVR has reported the higher revenue in every one of these 10 fiscal years. The gap has widened since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +10.4 pp | NVR |
| FY2024 | +18.8 pp | NVR |
| FY2023 | +20.0 pp | NVR |
| FY2022 | +21.5 pp | NVR |
| FY2021 | +10.9 pp | NVR |
| FY2020 | +9.1 pp | NVR |
| FY2019 | +20.0 pp | NVR |
| FY2018 | +8.9 pp | NVR |
| FY2017 | +5.3 pp | NVR |
| FY2016 | +5.4 pp | NVR |
NVR has kept the higher net margin in every one of these 10 fiscal years.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
TPC's net margin has been more volatile than NVR's over the 10 comparable fiscal years — 3.9 percentage points of standard deviation against 3.0.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NVR led in net margin in every one of the 10 comparable fiscal years — a structural lead, not a recent swing.
10 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 TPC's over the 17 comparable fiscal years — 13.1 percentage points of standard deviation against 11.3.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
NVR led in return on equity in every one of the 17 comparable fiscal years — a structural lead, not a recent swing.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.