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NVR

NVR, Inc.

Consumer DiscretionaryConstructionS&P 500
Ticker NVRRESTON, VAFiscal year ends DecemberBook value per share $1180.78Diluted shares 2.9M

NVR, Inc. (NYSE: NVR) builds and sells single-family detached homes, townhomes and condominium buildings, primarily on a pre-sold basis, and provides mortgage banking and title services to its homebuyers. Its homes are marketed under the Ryan Homes, NVHomes and Heartland Homes brands: Ryan Homes serves mainly… From the company’s description.

In fiscal 2025, NVR, Inc. reported revenue of $10.32B, down 1.9% from fiscal 2024, and net income of $1.34B. Operations generated $1.12B in cash. Over the twelve months to Jun 30, 2026, revenue was $9.53B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$10.32BFY2025
−1.9% year over year
Last 12 mo $9.53B
0.00%FY2025
$1.34BFY2025
−20.3% year over year
Last 12 mo $1.14B
34.67%FY2025
−5.3 percentage points
Last 12 mo 33.66%
Cash & financing
$1.12BFY2025
−18.4% year over year
Last 12 mo $1.07B
$1.10BFY2025
−18.5% year over year
Last 12 mo $1.05B
0.24FY2025
Was 0.22× a year earlier
Last 12 mo 0.27
3.1MFY2025
−7.5% year over year
Last 12 mo 2.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NVR, Inc. does

In the company’s own words

NVR, Inc. (NYSE: NVR) builds and sells single-family detached homes, townhomes and condominium buildings, primarily on a pre-sold basis, and provides mortgage banking and title services to its homebuyers. Its homes are marketed under the Ryan Homes, NVHomes and Heartland Homes brands: Ryan Homes serves mainly first-time and first-time move-up buyers, while NVHomes and Heartland Homes target move-up and luxury buyers. Homebuilding is organized into four reportable segments covering the Mid Atlantic, North East, Mid East and South East regions; mortgage banking is a separate business, originating loans exclusively for NVR homebuyers and selling them primarily into secondary markets. NVR generally acquires finished building lots from third-party developers through agreements with forfeitable deposits rather than developing land directly. It operates in 37 metropolitan areas across 16 states and Washington, D.C. As of December 31, 2025, NVR had approximately 6,300 full-time employees. Its website is www.nvrinc.com.

Company details
Sector
Consumer Discretionary
Industry (SIC)
Construction
Headquarters
RESTON, VA
Fiscal year end
December
CIK
906163
SIC
1531

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.05B$2.11B$5.26B$8.42B$11.58B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NVR, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

600
funds hold it
4 of 35
superinvestors hold it
$7.48B
held by funds, at market
43.1%
of shares held by funds
1
bond issues held by funds

Superinvestors in NVR, Inc. · what they did last quarter

Bill SmeadINCREASED +31.2%
Smead Capital Management
4.1%of 13F portfolio
Francois RochonDECREASED -3.0%
Giverny Capital
3.0%of 13F portfolio
Tom GaynerINCREASED +0.1%
Markel Group (Markel-Gayner)
0.6%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · NVR, Inc.’s weight in each

0.20%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.03%of fund net assets
0.50%of fund net assets
MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

NVR, Inc.’s bonds, as funds hold them

Funds report holding 1 issues of NVR, Inc.’s debt, $137.02M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.00%, maturing 2030 to 2030.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do NVR, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of NVR, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in NVR, Inc.'s last four quarterly filings that the numbers alone won't show?”
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