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Business Segments · Operating Lease ROU Assets

Mortgage Banking — Operating Lease ROU Assets

NVR Mortgage Banking — Operating Lease ROU Assets decreased by 3.8% to $23.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $22.69M to $23.04M. Over 4 years (FY 2021 to FY 2025), Mortgage Banking — Operating Lease ROU Assets shows an upward trend with a 21.5% CAGR.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026May 6, 2026

How to read this metric

Changes reflect shifts in the physical footprint or office lease strategy of the mortgage division.

Detailed definition

The recognized asset value representing the company's right to use leased office space or equipment for the mortgage ban...

Peer comparison

Standard under ASC 842; comparable across companies with significant leased office space.

Metric ID: nvr_segment_mortgage_banking_operating_lease_right_of_use_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$11.63M$10.75M$9.76M$8.49M$13.41M$14.53M$16.01M$21.71M$22.81M$24.6M$23.54M$22.01M$20.76M$21.5M$23.48M$22.69M$24.52M$25.25M$23.95M$23.04M
QoQ Change-7.6%-9.2%-13.0%+57.9%+8.4%+10.2%+35.6%+5.1%+7.8%-4.3%-6.5%-5.7%+3.6%+9.2%-3.4%+8.1%+3.0%-5.1%-3.8%
YoY Change+15.3%+35.2%+64.1%+155.7%+70.2%+69.2%+47.0%+1.4%-9.0%-12.6%-0.3%+3.1%+18.1%+17.5%+2.0%+1.5%
Range$8.49M$25.25M
CAGR+15.5%
Avg YoY Growth+29.9%
Median YoY Growth+16.4%
Current Streak2 quarters decline

Frequently Asked Questions

What is NVR's mortgage banking — operating lease rou assets?
NVR (NVR) reported mortgage banking — operating lease rou assets of $23.04M in Q1 2026.
How has NVR's mortgage banking — operating lease rou assets changed year-over-year?
NVR's mortgage banking — operating lease rou assets increased by 1.5% year-over-year, from $22.69M to $23.04M.
What is the long-term trend for NVR's mortgage banking — operating lease rou assets?
Over 4 years (2021 to 2025), NVR's mortgage banking — operating lease rou assets has grown at a 21.5% compound annual growth rate (CAGR), from $44.22M to $96.41M.
What does mortgage banking — operating lease rou assets mean?
The value of the right to use leased property and equipment for mortgage operations.