Saturday 31 October 2026 Export NVR’s income statement to Excel — free account

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.

5,958.56 60.39 −1.00%

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Market cap: $16.0B
P/E: 14.7×
Fwd P/E: 17.6×
Dividend yield: —
F-score: 5/9
Altman Z: 13.81
Beneish M: −2.12
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

NVR, Inc. (NVR) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Home Building Segment	10,094	97.78%
Mortgage Banking	230	2.22%
Gross margin		22.96%
Operating margin		17.35%
Pre-tax margin		17.07%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Home Building Segment	10,094 97.78%	10,292 97.80%	9,315 97.86%	10,327 98.10%	8,702 97.21%	7,329 97.24%	7,221 97.73%	7,004 97.78%	6,176 97.93%	5,709 98.05%
Mortgage Banking	230 2.22%	232 2.20%	204 2.14%	200 1.90%	249 2.79%	208 2.76%	168 2.27%	159 2.22%	130 2.07%	113 1.95%
Revenue	10,324	10,524	9,518	10,526	8,951	7,537	7,389	7,164	6,306	5,823

Operating income by segment $m, and margin

	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Home Building Segment	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
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Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Average active communities	Q3 FY2026	454.00	450.00	+0.89%
Average sales price of new orders	Q2 FY2026	$437,100.00	$458,100.00	−4.58%
Average settlement price	Q2 FY2026	$450,700.00	$465,400.00	−3.16%
Backlog dollar balance	Q3 FY2026	$4.6B	$4.4B	+4.56%
Backlog of homes sold but not settled	Q3 FY2026	10.1K	9.2K	+10.43%
Lots controlled at end of period	Q3 FY2026	185.3K	175.3K	+5.70%
New orders	Q3 FY2026	4.4K	4.7K	−7.27%
Settlements	Q3 FY2026	5.3K	5.6K	−6.58%

	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023
Average active communities	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average sales price of new orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Average settlement price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Backlog dollar balance	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Backlog of homes sold but not settled	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Lots controlled at end of period	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
New orders	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Settlements	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.