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NVR NVR Letters Of Credit Related To Lots

Letters Of Credit Related To Lots at other companies

Smith Douglas Homes logo
Smith Douglas HomesSDHC
$800K
Carriage Services logo
Carriage ServicesCSV
$10.0%
Carriage Services logo
Carriage ServicesCSV
10.0%
Citigroup logo
CitigroupC
$3.4B+9.7%
Entergy logo
EntergyETR
$4M+33.3%
Raymond James Financial logo
Raymond James FinancialRJF
$234M

Other financials

Income statement

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Revenue$2.3B-10.5%
Net income$236.5M-29.1%
EPS (diluted)$83.96-22.6%

Balance sheet

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Cash & equivalents$1.2B-34.6%
Total debt$39.6M-1.7%
Total equity$3.4B-11.8%
Total assets$5.5B-7.9%

Cash flow

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Operating cash flow$339.7M+63.5%
CapEx$6.2M-25.9%
Free cash flow$334.8M+66.8%

Valuation

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Market cap$17.05B-22.0%
Enterprise value$15.89B-20.8%
P/E14.9×+0.6×
P/S1.8×-0.3×

Profitability

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Operating margin9.7%
Net margin12%-2.4pp
FCF margin12.6%-0.7pp

Returns & leverage

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Return on equity31.5%-6.6pp
Debt / equity0.0×

Where this comes from

Reported directly by NVR in its filing.

Tagged under the XBRL concept nvr:LettersOfCreditRelatedToLots.

The source filing: NVR’s 10-Q, filed May 6, 2026.

Filed
May 6, 2026, 3:20 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000906163-26-000040
Line itemMarch 31, 2026December 31, 2025
Contract land deposits$1,052,440$962,416
Allowance for losses on contract land deposits(113,459)(110,958)
Contract land deposits, net938,981851,458
Contingent obligations in the form of letters of credit5,4824,565
Total risk of loss$944,463$856,023

Item 1. Financial Statements

FAQ

What is NVR's letters of credit related to lots?
NVR (NVR) reported letters of credit related to lots of $5.48M in Q1 2026.
How has NVR's letters of credit related to lots changed year-over-year?
NVR's letters of credit related to lots increased by 18.5% year-over-year, from $4.63M to $5.48M.
What is the long-term trend for NVR's letters of credit related to lots?
Over 5 years (2020 to 2025), NVR's letters of credit related to lots has grown at a -11.2% compound annual growth rate (CAGR), from $8.25M to $4.57M.
What does letters of credit related to lots mean?
Letters Of Credit Related To Lots as reported by NVR, Inc..

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