StockCV
NVR, Inc. logo

NVR, Inc.

Operative Builders

$5 899.16
-1.72%
Market cap $15.7B

NVR Inc is engaged in the construction and sale of residential properties, including single-family detached homes, townhomes, and condominium buildings, all of which are built on a pre-sold basis. Additionally, the company provides related services through its mortgage banking and title services businesses.

It is a $15.7B industrial company. Revenue shrank 9.9% over the last year, and it keeps 12¢ of every dollar of sales as profit. It trades at 13.8× earnings — around the middle of its own history.

Website
nvrinc.com
Location
Reston, VA
Employees
6 300
Sector
Industrials
Founded
1948

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Valuation85Growth32Profitability90Health75Quality77Moat81

Strong valuation, profitability, health, quality and moat; Growth lags behind.

Valuation85
  • P/E vs own history34th pct · 20/25
  • FCF yield6.7% · 20/25
  • P/S1.6x · 25/25
  • EV/EBITDA10.1x · 20/25
Growth32
  • Revenue CAGR3.6% · 6/25
  • Net income CAGR2.0% · 6/25
  • EPS CAGR ~5Y13.7% · 20/25
  • Fwd implied growth-16.3% · 0/25
Profitability90
  • ROIC69.9% · 25/25
  • ROE31.0% · 25/25
  • Net margin12.0% · 20/25
  • Operating margin15.7% · 20/25
Health75
  • Altman Z11.03 · 25/25
  • Current ratio2.93 · 25/25
  • Interest coverage62.1x · 25/25
  • Net cash / debtn/a · 0/25
Quality77
  • Piotroski F4/9 · 10/25
  • Beneish M-2.27 · 20/25
  • FCF conversion92% · 22/25
  • Margin stabilityσ 4.0% · 25/25
Moat81
  • ROIC >12% years9/9 yrs · 25/25
  • Median gross margin24.4% · 6/25
  • FCF-positive years10/10 yrs · 25/25
  • Worst-year net marginworst 11.1% · 25/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

  1. FY2022Financial
    Revenue crossed $10B
    $10.5B for the year
  2. FY2022Financial
    Best year on record
    $1.73B net income
  3. FY2018Financial
    Revenue crossed $1B
    $7.16B for the year
  4. FY2016Financial
    Profitable every year on record
    10 consecutive profitable years in our data
  5. FY2016Financial
    Positive free cash flow every year since
    10-year streak
  6. 2012Acquisition
    The company acquired Heartland Homes
  7. 1993Milestone
    The company emerged from bankruptcy protection and once again became a public company
  8. 1992Milestone
    During the early 1990s recession, the company filed bankruptcy
  9. 1986Acquisition
    The company acquired Ryan Homes
  10. 1948Founded
    It was founded in 1948 in Pittsburgh, Pennsylvania, to provide housing in the expanding post-war economy

Achievements

Verifiable track record, straight from the reported numbers.

$10 000 invested in 2021 would be worth ~$11 897 today — price return only
$10.3B revenue in FY2025
Profitable 10 years in a row
Positive free cash flow 10 years in a row
6 300 employees
ROIC of 69.9%

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

  • Interest covered 62.1× by operating earnings
  • High returns on invested capital (ROIC 69.9%)
  • Altman Z-Score 11.03 — low bankruptcy-risk zone

Watch-outs

  • Revenue shrinking 9.9% year over year

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 10 checks passed
  • Revenue growing-9.9% YoY
  • Profitable$1.14B TTM
  • Profit growing+0.4% YoY
  • Generates cash$1.05B TTM
  • Debt under controlcurrent ratio 2.93
  • Established company$15.7B market cap
  • Not printing shares-21.6% shares over ~5y
  • Proven track record10/10 profitable years
  • Financially stableAltman Z 11.0 — safe
  • Pays a dividendno data
  • Valuation not extremeP/E 13.8
Peer comparisonNVR, Inc. vs 6 largest industrials peers — cap, P/E, growth and margin side by sideOpen ▾
CompanyMarket capP/ERevenue growthNet marginProfile
NVR this company$15.7B13.8-9.9%12.0%Strong
LRCX Lam Research Corp$399.2B54.9+26.0%31.3%Strong
CAT Caterpillar Inc.$368.0B33.9+18.4%14.5%Solid
RTX RTX Corporation$251.3B32.4+11.8%8.3%Strained
DE Deere & Company$167.7B34.4+8.3%10.2%Solid
ETN Eaton Corporation, plc$167.2B43.6+15.5%12.8%Mixed
UNP Union Pacific Corp.$166.8B22.6+4.2%28.8%Strained

Head-to-head: NVR vs LRCX · NVR vs CAT · NVR vs RTX

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 2Hold 5Sell 6Strong sell 1

Appendix · Financial records

The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of NVR on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $5 899.16 · market cap $15.7B.