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NVR NVR Home Building Segment — Operating lease liabilities

Other segment segments

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$25.15M+1.8%

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Other financials

Income statement

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Revenue$2.3B-10.3%
Net income$236.5M-29.1%
EPS (diluted)$83.96-22.6%

Balance sheet

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Cash & equivalents$1.7B-24.4%
Total debt$41.0M-1.0%
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$4.9M-31.0%
Free cash flow$334.8M+66.8%

Valuation

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Market cap$17.18B-21.1%
P/E15.1×+0.7×
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 us-gaap:OperatingLeaseLiability.

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 home building segment — operating lease liabilities?
NVR (NVR) reported home building segment — operating lease liabilities of $116.04M in Q1 2026.
How has NVR's home building segment — operating lease liabilities changed year-over-year?
NVR's home building segment — operating lease liabilities increased by 28.2% year-over-year, from $90.49M to $116.04M.
What is the long-term trend for NVR's home building segment — operating lease liabilities?
Over 4 years (2021 to 2025), NVR's home building segment — operating lease liabilities has grown at a 11.5% compound annual growth rate (CAGR), from $254.24M to $393.43M.
What does home building segment — operating lease liabilities mean?
This represents the present value of future lease payments for assets used by the homebuilding segment, such as sales offices or regional headquarters. It reflects the long-term financial commitment associated with the segment's leased infrastructure.