NVR, Inc.
NVR Consumer Cyclical Residential Construction
NVR, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $10.3 billion, down 1.91% from fiscal 2024. In the quarter to June 2026, revenue fell 10.5%, EPS fell 23.5%, free cash flow fell 682.7% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; insiders bought in the last twelve months.
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NVR, Inc. 10-K filed Feb 11, 2026
What changed
Item 1, Business, against the 10-K filed Feb 12, 2025: 11 modified; 1 with only figures updated
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Modified · General
We are one of the largest homebuilders in the United States. We operate in
thirty-sixthirty-seven metropolitan areas in sixteen states, and Washington, D.C. Our homebuilding operations include the construction and sale of single-family detached homes, townhomes and condominium buildings under three trade names: Ryan Homes, NVHomes and Heartland Homes. Our Ryan Homes product is marketed primarily to first-time and first-time move-up buyers. Ryan Homes operates inthirty-sixthirty-seven metropolitan areas located in Maryland, Virginia, Washington, D.C., Delaware, West Virginia, Pennsylvania, Ohio, New York, New Jersey, Indiana, Illinois, North Carolina, South Carolina, Georgia, Florida, Tennessee and Kentucky. Our NVHomes and Heartland Homes products are marketed primarily to move-up and luxury buyers. NVHomes operates in Delaware, New Jersey, and the Washington, D.C., Baltimore, MD and Philadelphia, PA metropolitan areas. Heartland Homes operates in the Pittsburgh, PA metropolitan area.
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