NVR financials
$6,234.63−0.53%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.32B | $10.52B | $9.52B | $10.53B | $8.95B | $7.54B | $7.39B | $7.16B | $6.31B | $5.82B |
| Gross profit | $2.37B | $2.67B | $2.47B | $2.86B | $2.19B | $1.60B | $1.54B | $1.47B | $1.32B | $1.11B |
| Gross margin | 23.0% | 25.4% | 25.9% | 27.2% | 24.4% | 21.2% | 20.8% | 20.5% | 20.9% | 19.1% |
| Operating income | $1.67B | $1.97B | $1.79B | $2.24B | $1.62B | $1.09B | $1.01B | $958.8M | $854.7M | $671.4M |
| Net income | $1.34B | $1.68B | $1.59B | $1.73B | $1.24B | $901.2M | $878.5M | $797.2M | $537.5M | $425.3M |
| Net margin | 13.0% | 16.0% | 16.7% | 16.4% | 13.8% | 12.0% | 11.9% | 11.1% | 8.5% | 7.3% |
| Diluted EPS | $436.55 | $506.69 | $463.31 | $491.82 | $320.48 | $230.11 | $221.13 | $194.82 | $126.77 | $103.61 |
| EBITDA | $1.70B | $1.99B | $1.80B | $2.26B | $1.64B | $1.11B | $1.03B | $979.0M | $877.3M | $693.6M |
| Operating cash flow | $1.12B | $1.37B | $1.50B | -$4.57B | -$5.09B | $925.3M | $866.5M | $723.1M | $570.4M | $393.0M |
| Free cash flow | $1.10B | $1.35B | $1.47B | -$4.59B | -$5.11B | $909.1M | $843.8M | $703.5M | $550.1M | $370.6M |
| Diluted shares | 3.1M | 3.3M | 3.4M | 3.5M | 3.9M | 3.9M | 4.0M | 4.1M | 4.2M | 4.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.92B | $2.61B | $3.16B | $2.52B | $2.57B | $2.78B |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $909.2M | $911.1M | $913.0M | $914.9M | $1.52B | $1.52B |
| Total assets | $5.86B | $6.38B | $6.60B | $5.66B | $5.83B | $5.78B |
| Total liabilities | $2.01B | $2.17B | $2.24B | $2.15B | $2.83B | $2.67B |
| Shareholders' equity | $3.85B | $4.21B | $4.36B | $3.51B | $3.00B | $3.10B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology