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) Operating margin

Alert me on Operating margin

NVR, Inc.'s operating margin over the twelve months to 30 September 2026 was 0.00%, down 17.5 percentage points from fiscal 2025 (17.5%). Over the past ten years it has ranged from 11.9% (fiscal 2016) to 21.9% (fiscal 2022); the current reading is higher than 64% of that period. That is below the Residential Construction industry median of 7.50% and below the Consumer Cyclical sector median of 3.88%.

Operating margin, annual

Embed this chart

Annual newest first

Period Operating margin Change (points)
FY2025 17.5% (3.03)
FY2024 20.6% (0.18)
FY2023 20.7% (1.16)
FY2022 21.9% 3.43
FY2021 18.5% 3.50
FY2020 15.0% 0.57
FY2019 14.4% 0.48
FY2018 13.9% (0.03)
FY2017 13.9% 2.07
FY2016 11.9% (0.40)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 0.00% (14.17)
Jun 2026 14.2% 0.21
Mar 2026 14.0% (3.76)
Dec 2025 17.7% 0.24
43 more quarters

Against its own ten years

Low 11.9% High 21.9%
Ten-year median 15.0%
Current reading's percentile 64

Operating margin against peers

Company Operating margin
PHM PulteGroup, Inc. compare 14.7%
TOL Toll Brothers Inc. compare 13.8%
IBP Installed Building Products, Inc. compare 11.8%
DHI D.R. Horton, Inc. compare 10.9%
CVCO Cavco Industries, Inc. compare 9.54%
SKY Champion Homes, Inc. compare 8.27%
LEN.B Lennar Corporation compare 5.63%
LEN Lennar Corporation compare 5.63%
NVR NVR, Inc. 0.00%
Residential Construction industry median 7.50%
Consumer Cyclical sector median 3.88%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on NVR