NVR (NVR) reported capex of $4.87M in Q1 2026.

How has NVR's capex changed year-over-year?

NVR's capex decreased by 31.0% year-over-year, from $7.06M to $4.87M.

What is the long-term trend for NVR's capex?

Over 4 years (2021 to 2025), NVR's capex has grown at a 8.2% compound annual growth rate (CAGR), from $17.88M to $24.51M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

NVR NVR CapEx

CapEx at other companies

PultegroupPHM

$25.4M-14.2%

D.R. HortonDHI

$37.2M+8.5%

LennarLEN

$29.99M-46.5%

Forestar GroupFOR

$200K-71.4%

Dream Finders HomesDFH

$5.27M+66.4%

M/I HomesMHO

$154K-88.5%

Other financials

Income statement

See full

Revenue$1.9B-21.7%

Net income$198.4M-33.8%

EPS (diluted)$67.76-28.5%

Balance sheet

See full

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

See full

Operating cash flow$339.7M+63.5%

Free cash flow$334.8M+66.8%

Valuation

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Market cap$17.54B-22.0%

Enterprise value$15.85B-23.4%

P/E14.2×-0.6×

P/S1.8×-0.3×

Profitability

See full

Operating margin9.7%—

Net margin12.6%-2.3pp

FCF margin12.6%-0.7pp

Returns & leverage

See full

Return on equity33.3%-5.0pp

Debt / equity0×0.0×

Where this comes from

Reported directly by NVR in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: NVR’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NVR's capex?: NVR (NVR) reported capex of $4.87M in Q1 2026.
How has NVR's capex changed year-over-year?: NVR's capex decreased by 31.0% year-over-year, from $7.06M to $4.87M.
What is the long-term trend for NVR's capex?: Over 4 years (2021 to 2025), NVR's capex has grown at a 8.2% compound annual growth rate (CAGR), from $17.88M to $24.51M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.