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.

Revenue
−7.94%
EPS
−21.6%
Free cash flow
−52.7%
Total debt
−0.22%

Quarter to September 2026, against a year earlier

6,423.72 46.90 +0.74%
Market cap
$17.1B
P/E
16.9×
Fwd P/E
17.6×
Dividend yield
—
F-score
5/9
Altman Z
13.81
Beneish M
−2.12
Dividend safety
n/a

NVR, Inc. (NVR) Gross margin

Alert me on Gross margin

NVR, Inc.'s gross margin over the twelve months to 30 September 2026 was 0.00%, down 23.0 percentage points from fiscal 2025 (23.0%). Over the past ten years it has ranged from 19.1% (fiscal 2016) to 27.2% (fiscal 2022); the current reading is higher than 64% of that period. That is below the Residential Construction industry median of 19.2% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 23.0% (2.45)
FY2024 25.4% (0.51)
FY2023 25.9% (1.29)
FY2022 27.2% 2.77
FY2021 24.4% 3.22
FY2020 21.2% 0.39
FY2019 20.8% 0.29
FY2018 20.5% (0.32)
FY2017 20.9% 1.72
FY2016 19.1% (1.02)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 0.00% (20.85)
Jun 2026 20.9% (0.76)
Mar 2026 21.6% (1.10)
Dec 2025 22.7% 0.17
43 more quarters

Against its own ten years

Low 19.1% High 27.2%
Ten-year median 21.2%
Current reading's percentile 64

Gross margin against peers

Company Gross margin
IBP Installed Building Products, Inc. compare 33.1%
SKY Champion Homes, Inc. compare 25.5%
PHM PulteGroup, Inc. compare 24.8%
TOL Toll Brothers Inc. compare 23.8%
CVCO Cavco Industries, Inc. compare 22.7%
DHI D.R. Horton, Inc. compare 22.3%
LEN.B Lennar Corporation compare 7.49%
LEN Lennar Corporation compare 7.49%
NVR NVR, Inc. 0.00%
Residential Construction industry median 19.2%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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