NVR INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 3,865 | 100.0 |
| Total capitalization | 3,865 | 100.0 |
2,664,860 shares outstanding at 31 July 2026 (cover page of the 10-Q filed 5 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Common shares authorized | 60,000,000 |
| Common shares issued | 20,555,330 |
| Treasury shares | 17,755,943 |
| Par or stated value per share ($) | 0.01 |
| Outstanding at 7/31/26 | 2,664,860 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Virginia.
BUSINESS: Classified by the SEC under Standard Industrial Classification 1531, Operative Builders. Large accelerated filer. Principal executive office: 11700 Plaza America Dr., Suite 500, Reston, VA 20190. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 10,324 | 10,524 | 9,518 |
| Depreciation and amortization | 25 | 18 | 17 |
| Interest expense | – | 28 | 28 |
| Income before income taxes | 1,762 | 2,116 | 1,928 |
| Income taxes | 422 | 434 | 337 |
| Net income | 1,340 | 1,682 | 1,592 |
| Earned per share, diluted ($) | 436.55 | 506.69 | 463.31 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Total assets | 5,857 | 6,381 |
| Total liabilities | 1,992 | 2,171 |
| Stockholders' equity | 3,865 | 4,210 |
| Total liabilities and equity | 5,857 | 6,381 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 10,324 | – | 1,340 | 13.0 | 436.55 | – | 1,121 | 25 | 1,097 | 5,857 | 1,992 | – | 3,865 | 34.7 | – |
| 12/31/24 | 10,524 | – | 1,682 | 16.0 | 506.69 | – | 1,374 | 29 | 1,345 | 6,381 | 2,171 | – | 4,210 | 40.0 | – |
| 12/31/23 | 9,518 | – | 1,592 | 16.7 | 463.31 | – | 1,498 | 25 | 1,473 | 6,602 | 2,237 | – | 4,365 | 36.5 | – |
| 12/31/22 | 10,526 | – | 1,726 | 16.4 | 491.82 | – | 1,870 | 18 | 1,852 | 5,661 | 2,154 | – | 3,507 | 49.2 | – |
| 12/31/21 | 8,951 | – | 1,237 | 13.8 | 320.48 | – | 1,242 | 18 | 1,225 | 5,834 | 2,832 | – | 3,002 | 41.2 | – |
| 12/31/20 | 7,537 | – | 901 | 12.0 | 230.11 | – | 925 | 16 | 909 | 5,777 | 2,674 | – | 3,103 | 29.0 | – |
| 12/31/19 | 7,389 | – | 879 | 11.9 | 221.13 | – | 867 | 23 | 844 | 3,810 | 1,469 | – | 2,341 | 37.5 | – |
| 12/31/18 | 7,164 | – | 797 | 11.1 | 194.80 | – | 723 | 20 | 703 | 3,166 | 1,357 | – | 1,809 | 44.1 | – |
| 12/31/17 | 6,306 | – | 538 | 8.5 | 126.77 | – | 570 | 20 | 550 | 2,989 | 1,384 | – | 1,605 | 33.5 | – |
| 12/31/16 | 5,823 | – | 425 | 7.3 | 103.61 | – | 393 | 22 | 371 | 2,644 | 1,340 | – | 1,304 | 32.6 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
NVR INC
CIK 906163 · EIN 54-1394360
PRINCIPAL OFFICE:
11700 Plaza America Dr., Suite 500, Reston, VA 20190
Tel.: 7039564000
INCORPORATED:
Virginia
INDUSTRY (SEC SIC CODE):
1531 · Operative Builders
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 11 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/11/26) · 10-K FY2024 (filed 2/12/25) · 10-K FY2023 (filed 2/14/24) · 10-K FY2022 (filed 2/15/23) · 10-K FY2021 (filed 2/16/22) · 10-K FY2020 (filed 2/12/21) · 10-K FY2019 (filed 2/19/20) · 10-K FY2018 (filed 2/13/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.