Other

Contingent obligations in the form of letters of credit

NVR Contingent obligations in the form of letters of credit increased by 20.1% to $5.48M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 18.5%, from $4.63M to $5.48M. Over 5 years (FY 2020 to FY 2025), Contingent obligations in the form of letters of credit shows a downward trend with a -11.2% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
First reportedQ4 2016
Last reportedQ1 2026May 6, 2026
Metric ID: other_letters_of_credit_related_to_lots

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q4 '22Q1 '23Q4 '23Q1 '24Q4 '24Q1 '25Q4 '25Q1 '26
Value$7.00M$10.76M$10.15M$8.83M$6.90M$7.93M$7.77M$9.99M$8.72M$4.63M$4.57M$5.48M
QoQ Change—+53.6%-5.7%-13.0%-21.9%+15.0%-2.0%+28.6%-12.7%-47.0%-1.3%+20.1%
YoY Change————-32.0%-10.2%+12.7%+26.0%+12.3%-53.7%-47.7%+18.5%
Range$4.57M – $10.76M
CAGR-8.5%
Avg YoY Growth-9.3%
Median YoY Growth+1.0%

Frequently Asked Questions

What is NVR's contingent obligations in the form of letters of credit?
NVR (NVR) reported contingent obligations in the form of letters of credit of $5.48M in Q1 2026.
How has NVR's contingent obligations in the form of letters of credit changed year-over-year?
NVR's contingent obligations in the form of letters of credit increased by 18.5% year-over-year, from $4.63M to $5.48M.
What is the long-term trend for NVR's contingent obligations in the form of letters of credit?
Over 5 years (2020 to 2025), NVR's contingent obligations in the form of letters of credit has grown at a -11.2% compound annual growth rate (CAGR), from $8.25M to $4.57M.