NVR
NVR is a leading American homebuilder that constructs single-family detached homes, townhomes, and condominiums primarily on a pre-sold basis. The company distinguishes itself through a conservative lot acquisition strategy, utilizing fixed-price purchase agreements with third-party developers to minimize land ownership risks. To support its core construction activities, the company also provides integrated mortgage banking and title services to its homebuyers.
Financials
Based on Q1 2026 filing
Revenue
View metricNet Income
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View metricFree Cash Flow
View metricEPS (Diluted)
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Homebuilding
primaryThe primary business segment focused on the construction and sale of residential properties across multiple price points and buyer profiles. It operates under three distinct brands and utilizes independent subcontractors for construction work.
Ryan Homes, NVHomes, Heartland Homes
First-time buyers, First-time move-up buyers, Luxury buyers
Mortgage Banking
moderateProvides mortgage origination and title-related services exclusively to the company's homebuilding customers. It generates revenue through origination fees, gains on loan sales, and title fees before selling loans into the secondary market.
Mortgage Loan Origination, Title Insurance Brokerage, Title Search Services
NVR Homebuyers
Segment Financials
Home Building Segment — Lots and housing units, covered under sales agreements with customers
View metricHome Building Segment — Revenue
View metricHome Building Segment — Building Inventory
View metricMortgage Banking — Revenue
View metricMortgage Banking — Other income
View metricMortgage Banking — Mortgage loans held for sale, net
View metricBusiness Overview
Competitive Position
NVR is one of the largest homebuilders in the United States, maintaining a leading market position in the metropolitan areas it serves through an asset-light land strategy.
Geographies
United States, Mid Atlantic, North East, Mid East, South East
Customer Segments
Individual homebuyers, First-time homeowners, Luxury real estate buyers
Upstream Dependencies
Third-party land developers, Independent construction subcontractors, Building material suppliers
Downstream Customers
Individual residential homebuyers, Secondary mortgage market investors
Competitors & Partners
Competitors
Partners
Ginnie Mae
Secondary market investor for mortgage loans
Subsidiaries
NVR Mortgage Finance, Inc.
Wholly owned mortgage banking subsidiary
NVR FAQ
Common questions about NVR
NVR is a leading American homebuilder that constructs single-family detached homes, townhomes, and condominiums primarily on a pre-sold basis. The company distinguishes itself through a conservative lot acquisition strategy, utilizing fixed-price purchase agreements with third-party developers to minimize land ownership risks. To support its core construction activities, the company also provides integrated mortgage banking and title services to its homebuyers.
NVR (NVR) has a market capitalization of $16.6B and trades on NYSE.
NVR generated $9.8B in trailing twelve-month revenue with net income of $1.2B, representing a net margin of 12.6%, with free cash flow of $1.2B. These figures are based on the Q1 2026 filing.
NVR's key competitors include Lennar Corporation, PulteGroup, Inc., D.R. Horton, Inc., and others. These companies compete in similar markets and product categories.
NVR has approximately 6,300 employees.