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NVR NVR Mortgage Banking — Selling, General, And Administrative Expense, Adjusted

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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 nvr:SellingGeneralAndAdministrativeExpenseAdjusted.

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 — selling, general, and administrative expense, adjusted?
NVR (NVR) reported mortgage banking — selling, general, and administrative expense, adjusted of $22.33M in Q1 2026.
How has NVR's mortgage banking — selling, general, and administrative expense, adjusted changed year-over-year?
NVR's mortgage banking — selling, general, and administrative expense, adjusted decreased by 5.0% year-over-year, from $23.51M to $22.33M.
What is the long-term trend for NVR's mortgage banking — selling, general, and administrative expense, adjusted?
Over 3 years (2022 to 2025), NVR's mortgage banking — selling, general, and administrative expense, adjusted has grown at a 2.2% compound annual growth rate (CAGR), from $89.34M to $95.35M.
What does mortgage banking — selling, general, and administrative expense, adjusted mean?
This is the adjusted operating expense for the mortgage segment, excluding certain non-recurring or non-operational items to provide a clearer view of core business costs. It is used by management to evaluate the underlying efficiency of the mortgage origination and servicing platform. This metric helps normalize performance comparisons across different periods.