NVR Home Building Segment — Selling, General and Administrative Expense increased by 10.0% to $156.97M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 4.9%, from $165.12M to $156.97M. Over 4 years (FY 2021 to FY 2025), Home Building Segment — Selling, General and Administrative Expense shows an upward trend with a 6.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of SG&A to revenue may indicate operational inefficiency or increased marketing spend, while a declining ratio suggests improved operating leverage.
Operating expenses incurred by the homebuilding segment that are not directly tied to the construction of homes. This in...
Commonly tracked across all public homebuilders as a key measure of operational discipline.
nvr_segment_home_building_segment_selling_general_and_administrative_expense| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $113.41M | $112.23M | $127.76M | $129.51M | $132.43M | $129.42M | $141.00M | $143.62M | $148.54M | $142.72M | $154.09M | $152.50M | $141.21M | $149.78M | $154.71M | $165.12M | $149.17M | $142.74M | $142.64M | $156.97M |
| QoQ Change | — | -1.0% | +13.8% | +1.4% | +2.3% | -2.3% | +8.9% | +1.9% | +3.4% | -3.9% | +8.0% | -1.0% | -7.4% | +6.1% | +3.3% | +6.7% | -9.7% | -4.3% | -0.1% | +10.0% |
| YoY Change | — | — | — | — | +16.8% | +15.3% | +10.4% | +10.9% | +12.2% | +10.3% | +9.3% | +6.2% | -4.9% | +4.9% | +0.4% | +8.3% | +5.6% | -4.7% | -7.8% | -4.9% |