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NVR logoNVR, Inc. (NVR) Earnings History

Annual and quarterly earnings data from 1994 to 2025

TTM Net Income
$1.34B
Profitable
TTM EPS
$447.65
Diluted
YoY EPS Growth
-13.8%
Declining
Net Margin
13.0%
Profitability
Operating Margin16.2%
Gross Margin23.0%
ROE33.2%
ROA21.9%
Highest Annual Net Income$1.73B (2022)
Highest Quarterly EPS$139.93 (Q4 2024)
Consecutive Profitable Years32 years
Q4 2025
Net Income$364M
EPS$121.54
QoQ Growth+6.2%Solid

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NVR EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-13.8%
Declining
3-Year
-3.9%
Slow
5-Year
+13.7%
Strong
10-Year
+17.1%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

NVR Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202523.0%16.2%13.0%
202425.5%18.9%16.0%
202326.0%19.1%16.7%
202227.3%20.6%16.4%
202124.5%16.4%13.8%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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NVR, Inc. (NVR) Earnings Overview

As of May 8, 2026, NVR, Inc. (NVR) reported trailing twelve-month net income of $1.34B, reflecting -13.8% year-over-year growth. The company earned $447.65 per diluted share over the past four quarters, with a net profit margin of 13.0%.

Looking at the long-term picture, NVR's 5-year EPS compound annual growth rate (CAGR) stands at +13.7%, showing solid earnings momentum. The company achieved its highest annual net income of $1.73B in fiscal 2022.

NVR, Inc. maintains positive profitability with a gross margin of 23.0%, operating margin of 16.2%, and net margin of 13.0%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including DHI ($3.17B net income, 10.5% margin), LEN ($2.08B net income, 6.0% margin), PHM ($2.04B net income, 12.8% margin), NVR has outperformed on profitability metrics. Compare NVR vs DHI →

NVR Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
NVR logoNVRCurrent
$1.3B$447.6513.0%33.2%-13.8%—
DHI logoDHI
$3.2B$10.9810.5%14.2%-19.3%
LEN logoLEN
$2.1B$8.236.0%8.2%-44.2%
PHM logoPHM
$2.0B$10.5412.8%17.7%-24.3%
TOL logoTOL
$1.3B$13.8112.3%16.9%-10.1%
MHO logoMHO
$360M$13.549.1%13.2%-25.2%
Best in group
Lowest in group

NVR Historical Earnings Data (1994–2025)

32 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$1.34B-20.3%$1.67B$436.5513.0%16.2%
2024$1.68B+5.7%$1.99B$506.6916.0%18.9%
2023$1.59B-7.8%$1.82B$463.3116.7%19.1%
2022$1.73B+39.5%$2.17B$491.8216.4%20.6%
2021$1.24B+37.2%$1.47B$320.4813.8%16.4%
2020$901M+2.6%$977M$230.0911.9%13.0%
2019$879M+10.2%$948M$221.1311.9%12.8%
2018$797M+48.3%$895M$194.8211.1%12.5%
2017$538M+26.4%$799M$126.778.5%12.7%
2016$425M+11.1%$622M$103.617.3%10.7%

Full NVR Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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Is NVR Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare NVR vs AMZN

Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..

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NVR — Frequently Asked Questions

Quick answers to the most common questions about buying NVR stock.

Is NVR growing earnings?

NVR EPS fell to $447.65, with earnings declining -13.8%. This contrasts with the 5-year CAGR of +13.7%. TTM net income dropped to $1.3B.

What are NVR's profit margins?

NVR, Inc. net margin is +13.0%, with operating margin at +16.2%. Margins sit within typical range for the sector.

How consistent are NVR's earnings?

NVR earnings data spans 1994-2025. The declining earnings trend is -13.8% YoY. Historical data enables comparison across business cycles.

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NVR Earnings Over Time (2014–2025)

Net income and EPS trends