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) Free cash flow margin

Alert me on Free cash flow margin

NVR, Inc.'s free cash flow margin over the twelve months to 30 June 2026 was 11.0%, up 0.4 percentage points from fiscal 2025 (10.6%). Over the past ten years it has ranged from 4.05% (fiscal 2015) to 17.6% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Residential Construction industry median of 8.46% and above the Consumer Cyclical sector median of 2.70%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 10.6% (2.18)
FY2024 12.8% (2.69)
FY2023 15.5% (2.10)
FY2022 17.6% 3.91
FY2021 13.7% 1.61
FY2020 12.1% 0.63
FY2019 11.5% 1.61
FY2018 9.84% 1.10
FY2017 8.74% 2.36
FY2016 6.38% 2.33

Against its own ten years

Low 4.05% High 17.6%
Ten-year median 11.5%
Current reading's percentile 45

Free cash flow margin against peers

Company Free cash flow margin
NVR NVR, Inc. 11.0%
CVCO Cavco Industries, Inc. compare 10.2%
SKY Champion Homes, Inc. compare 10.2%
TOL Toll Brothers Inc. compare 10.1%
IBP Installed Building Products, Inc. compare 9.92%
DHI D.R. Horton, Inc. compare 9.62%
PHM PulteGroup, Inc. compare 9.22%
LEN Lennar Corporation compare 2.93%
LEN.B Lennar Corporation compare 2.93%
Residential Construction industry median 8.46%
Consumer Cyclical sector median 2.70%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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