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.

5,919.82 21.01 −0.35%
Market cap
$15.8B
P/E
14.6×
Fwd P/E
17.0×
Dividend yield
—
F-score
5/9
Altman Z
13.81
Beneish M
−2.12
Dividend safety
n/a

NVR, Inc. (NVR) Debt to equity

Alert me on Debt to equity

NVR, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.0× from fiscal 2025 (0.2×). Over the past ten years it has ranged from 0.2× (fiscal 2023) to 0.5× (fiscal 2021); the current reading is higher than 27% of that period. That is above the Residential Construction industry median of 0.2× and above the Consumer Cyclical sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.2× 8.69%
FY2024 0.2× 3.44%
FY2023 0.2× (19.82%)
FY2022 0.3× (48.34%)
FY2021 0.5× 3.27%
FY2020 0.5× 91.39%
FY2019 0.3× (22.69%)
FY2018 0.3× (11.13%)
FY2017 0.4× (18.66%)
FY2016 0.5× (4.91%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× 2.96%
Mar 2026 0.3× 10.59%
Dec 2025 0.2× 2.57%
Sep 2025 0.2× (3.13%)
42 more quarters

Against its own ten years

Low 0.2× High 0.5×
Ten-year median 0.3×
Current reading's percentile 27

Debt to equity against peers

Company Debt to equity
CVCO Cavco Industries, Inc. compare 0.0×
SKY Champion Homes, Inc. compare 0.0×
PHM PulteGroup, Inc. compare 0.2×
LEN.B Lennar Corporation compare 0.2×
LEN Lennar Corporation compare 0.2×
NVR NVR, Inc. 0.3×
DHI D.R. Horton, Inc. compare 0.3×
TOL Toll Brothers Inc. compare 0.3×
IBP Installed Building Products, Inc. compare 1.7×
Residential Construction industry median 0.2×
Consumer Cyclical sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on NVR