NVR's fundamental outlook is defined by a striking divergence: six consecutive quarters of year-over-year revenue erosion (bottoming at -10.6% in 2026Q2) and approximately 550 basis points of gross margin compression from the 25.6% peak in 2024Q2 to 20.1% in 2026Q3 weigh against a still-fortress balance sheet carrying…
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
NVR's revenue has now declined year-over-year for six straight quarters, and gross margin has compressed roughly 550 basis points from its 25.6% peak in 2024Q2 to 20.1% in 2026Q3, with operating income down 29.9% year-over-year signaling material negative operating leverage against a sticky SG&A base of $158.5 million.
NVR operates a robust homebuilding business under well-known brands like Ryan Homes and NVHomes, driving revenue growth.
The mortgage banking segment complements homebuilding, providing integrated financial services and enhancing customer value.
Analysts highlight NVR's potential for sustained revenue growth, supported by market demand and operational efficiency.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 22, 2026 | $89.45-13.0% vs $102.77 | $2.4B-6.5% vs $2.6B |
Q3 2026 Jul 23, 2026 | $83.96-6.7% vs $89.98 | $2.3B-3.0% vs $2.4B |
Q2 2026 Apr 22, 2026 | $0.68-12.4% vs $0.77 | $1.9B-8.1% vs $2.0B |
Q1 2026 Jan 28, 2026 | $1.22+14.8% vs $1.06 | $2.7B+9.5% vs $2.5B |
Citizens Financial Group Inc. RI lifted its holdings in shares of NVR, Inc. (NYSE: NVR) by 166.0% during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor owned 250 shares of the construction company's stock after purchasing an additional 156 shares during the quarter. Citizens Financial Group
NVR Inc. (NYSE:NVR) received a downgrade from Bank of America on Friday as the investment firm warned that weakening homebuyer demand, rising construction costs and pressure on profit margins could weigh on the homebuilder's earnings through 2027.
NVR's Q3 earnings and homebuilding revenues miss estimates as margin pressure, fewer settlements and softer pricing weigh on results, despite 10% backlog growth.
A wild Thursday saw Treasury yields crater, oil surge past $111, crypto liquidations top $431 million, and Meta's cash flow surprise rattle markets. Now analysts are reshuffling their calls on some of the week's most closely watched names.
Benchmark NVR against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for NVR, Inc. (NVR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $6298.29 | $17B | 16.71 | -2.08% | 11.23% | 29.53% | — | |
| $152.28 | $42.59B | 14.65 | -3.52% | 8.74% | 11.93% | 1.18% | |
| $88.74 | $22.03B | 16.09 | -3.54% | 4.1% | 5.99% | 2.28% | |
| $132.49 | $25.57B | 13.85 | -3.54% | 11.24% | 13.8% | 0.67% | |
| $152.56 | $14.26B | 12.17 | 1.11% | 11.14% | 14.21% | 0.64% | |
| $131.60 | $3.39B | 12.31 | -1.93% | 6.59% | 8.64% | — |
NVR, Inc. (NVR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
NVR, Inc. (NVR) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 22, 2026·SEC
Jul 23, 2026·SEC
May 15, 2026·SEC
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NVR, Inc. (NVR) stock FAQ — growth, dividends, profitability & financials explained
NVR, Inc. (NVR) reported $9.32B in revenue over the trailing twelve months. Revenue was $10.32B in fiscal year 2025. That is 865% more than the $1.07B of fiscal year 1996.
NVR, Inc. (NVR) revenue fell by 9.6% over the trailing twelve months, compared with the twelve months before.
Yes. NVR, Inc. (NVR) earned $1.05B in net income over the trailing twelve months (a 11.2% net margin).
NVR, Inc. (NVR) had a return on equity (ROE) of 29.5% over the trailing twelve months. That is well above the market's typical 10-15%.
NVR, Inc. (NVR) generated $818.2M in free cash flow over the trailing twelve months.
