What does home building — contract land deposits, net mean?

The net amount of deposits paid to secure future land purchase rights.

How do you interpret home building — contract land deposits, net?

An increase indicates a growing pipeline of future land control, while a decrease may suggest reduced acquisition activity.

How does home building — contract land deposits, net compare across companies?

Often referred to as 'Land Option Deposits' or 'Earnest Money' in the industry.

NVR NVR Home Building — Contract land deposits, net

Discontinued — last reported Q3 '20

Similar metrics at other companies

LENHomebuilding — Deposits And Pre-acquisition Costs On Real Estate, Net

$5.34M+1,893%

LENHomebuilding — Deposits and pre-acquisition costs on real estate, carrying value

$5.34M+1,893%

AMHPayments for Deposits on Land Option Contracts

$0-100%

LENHomebuilding — Deposits and pre-acquisition costs on real estate, fair value

$0—

LENHomebuilding — Inventory, Real Estate, Homebuilding Deposits and Pre-Acquisition Costs

$94.1M+39.0%

LENDeposits and pre-acquisition costs on real estate

$6.4B+74.9%

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%

CapEx$4.9M-31.0%

Free cash flow$334.8M+66.8%

Valuation

See full

Market cap$17.52B-14.9%

Enterprise value$15.83B-13.7%

P/E14.2×+1.2×

P/S1.8×-0.2×

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:DepositsAssets.

The official record: NVR’s 10-Q, filed November 4, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does home building — contract land deposits, net mean?: The net amount of deposits paid to secure future land purchase rights.
How do you interpret home building — contract land deposits, net?: An increase indicates a growing pipeline of future land control, while a decrease may suggest reduced acquisition activity.
How does home building — contract land deposits, net compare across companies?: Often referred to as 'Land Option Deposits' or 'Earnest Money' in the industry.