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NVR NVR Mortgage Banking — General and Administrative Expense

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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:GeneralAndAdministrativeExpense.

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 mortgage banking — general and administrative expense?
NVR (NVR) reported mortgage banking — general and administrative expense of $23.13M in Q1 2026.
How has NVR's mortgage banking — general and administrative expense changed year-over-year?
NVR's mortgage banking — general and administrative expense decreased by 6.3% year-over-year, from $24.69M to $23.13M.
What is the long-term trend for NVR's mortgage banking — general and administrative expense?
Over 4 years (2021 to 2025), NVR's mortgage banking — general and administrative expense has grown at a 2.9% compound annual growth rate (CAGR), from $88.62M to $99.46M.
What does mortgage banking — general and administrative expense mean?
This captures the total overhead costs associated with operating the mortgage banking segment, including personnel, technology, and administrative support. It reflects the operational efficiency and cost structure required to maintain the mortgage origination platform. Monitoring this helps assess the scalability of the financial services business.