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NVR

NVR

NVR is a leading American homebuilder that constructs single-family detached homes, townhomes, and condominiums primarily on a pre-sold basis.

Market cap
$17.49B-22.2%
Revenue$9.8B-7.5%
Net income$1.2B-22.0%
Free cash flow$1.2B-12.6%
EPS (diluted)$409.85-15.6%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$2.4B
EPS estimate$90.37

Financials

Q1 2026

Income statement

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Revenue$1.9B-21.7%
Net income$198.4M-33.8%
EPS (diluted)$67.76-28.5%

Balance sheet

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Cash & equivalents$1.7B-24.4%
Total debt$41.0M-1.0%
Total equity$3.5B-11.6%
Total assets$5.6B-9.8%

Cash flow

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Operating cash flow$339.7M+63.5%
CapEx$4.9M-31.0%
Free cash flow$334.8M+66.8%

Valuation & ratios

Valuation

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Market cap$17.49B-22.2%
Enterprise value$15.8B-21.7%
P/E14.1×-0.3×
P/S1.8×-0.3×

Profitability

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Net margin12.6%-2.3pp
FCF margin12.6%-0.7pp

Returns & leverage

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Return on equity33.3%-5.0pp
Debt / equity0.0×

Segments

By geography

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Mid Atlantic$738.0M-31.8%
South East$545.9M-3.7%
Mid East$310.5M-24.7%
North East$240.5M-16.7%

By segment

See full
Home Building Segment$1.8B-21.9%
Mortgage Banking$46.2M-12.2%

Competitors

Profile

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.

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.

GeographiesUnited States, Mid Atlantic, North East, Mid East, South East
Customer segmentsIndividual homebuyers, First-time homeowners, Luxury real estate buyers
Business modelAsset-light homebuilding, Financial services
SuppliersThird-party land developers, Independent construction subcontractors, Building material suppliers
CustomersIndividual residential homebuyers, Secondary mortgage market investors
Listed1986
Employees6.3K
CEOEugene James Bredow
Websitenvrinc.com
FilingsSEC EDGAR

Questions, answered.

What is NVR's market cap?
NVR (NVR) has a market capitalization of $17.5B and trades on NYSE.
What is NVR's revenue and profitability?
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.
Who are NVR's competitors?
NVR's key competitors include Lennar Corporation, D.R. Horton, Inc., PulteGroup, Inc., and others. These companies compete in similar markets and product categories.
Who does NVR partner with?
NVR's notable partners include Fannie Mae, Freddie Mac, Ginnie Mae.
What subsidiaries does NVR have?
NVR's subsidiaries include NVR Mortgage Finance, Inc..
Where is NVR headquartered?
NVR is headquartered in United States of America and employs approximately 6,300 people. It has been publicly traded since 1986.