Skip to content
MARKETS / NYSE / NVR
NYSE · OPERATIVE BUILDERS · LARGE CAP

NVR Inc. NVR

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$10.3B
▼ 1.9% YoY
$1.3B
▼ 20.3% YoY
$1.1B
▼ 18.5% YoY
In brief

What this company does

NVR, Inc. constructs and sells single-family detached homes, townhomes and condominium buildings, primarily on a pre-sold basis, and also operates a mortgage banking and title services business. It operates in thirty-seven metropolitan areas in sixteen states and Washington, D.C., under three trade names: Ryan Homes, NVHomes and Heartland Homes. As of December 31, 2025, it had approximately 6,300 full time employees, of whom approximately 5,320 worked in its homebuilding operations and approximately 980 worked in its mortgage banking operations. Its four reportable homebuilding segments operate in the Mid Atlantic, North East, Mid East and South East geographic regions. Its mortgage banking operations provide mortgage related services to homebuilding customers and include separate subsidiaries that broker title insurance and perform title searches, while NVRM originates mortgage loans exclusively for its homebuilding customers. In 2025, NVRM closed approximately 16,400 loans with an aggregate principal amount of approximately $6.0 billion. NVR, Inc., a Virginia corporation, was formed in 1980 as NVHomes, Inc.

Written from the business description in NVR INC's annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth
USD 10.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 10.3 · Net income 1.3
4B8B2008201120142017202020232025
Compound annual growth
−0.6%
+6.5%
+7.2%
+8.5%
−8.1%
+8.3%
+13.3%
+13.3%
−3.9%
+13.7%
+17.1%
+18.7%
+10.4%
+55.9%
+17.6%
+11.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +6.5% a year over five years — but profit grew faster: net income at +8.3%, earnings per share at +13.7%.

The share count fell from 0.00B to 0.00B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
13 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 13.0%
5%10%15%2008201120142017202020232025
ROE
FY2025 · ROE 33.2%
20%40%2008201120142017202020232025

Each USD of equity produced 33 cents of profit this year.

Cash & shareholders
USD 1.8B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
0.8B1.6B2008201120142017202020232025
Net buybacks $B Dividends $B
FY2025 · Dividends — · Net buybacks 1.8
0.8B1.6B201020122014201620182020202220242025

USD 1.8B in buybacks — 131% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 5.9B
EquityUSD 3.9B
CashUSD 2.0B

Equity funds 66% of total assets.

The 18-year record
18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B10.310.59.510.59.07.57.47.26.35.85.24.44.23.22.73.02.7·
Operating income $B··················
EBITDA $B··················
Income tax $B0.40.40.30.50.40.20.10.20.30.20.20.20.20.10.10.10.10.1
Net income $B1.31.71.61.71.20.90.90.80.50.40.40.30.30.20.10.20.20.1
Free cash flow $B1.11.31.51.91.20.90.80.70.60.40.20.20.30.3−0.00.00.20.5
EPS, diluted $436.55506.69463.31491.82320.48230.11221.13194.80126.77103.6189.9963.5054.8135.1223.0133.4231.2617.04
Dividend / sh $··················
Payout %··················
ROE %33.239.240.453.040.533.142.346.736.933.432.423.619.412.68.311.812.37.3
Shares out B0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.000.01··

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 4 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityOperative Builders
Listed onNYSE
Incorporated inVirginia
Fiscal year endsDecember 31
Data on record since2008

Share this section

Download image