NVR, Inc. (NVR) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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NVR Revenue Growth
Revenue Breakdown (FY 2025)
NVR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
NVR Revenue Analysis (2014–2025)
As of May 8, 2026, NVR, Inc. (NVR) generated trailing twelve-month (TTM) revenue of $10.17 billion, reflecting slight decline in growth of -4.9% year-over-year. The most recent quarter (Q4 2025) recorded $2.71 billion in revenue, up 8.3% sequentially.
Looking at the longer-term picture, NVR's 5-year compound annual growth rate (CAGR) stands at +6.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $10.54 billion in 2024.
Revenue diversification analysis shows NVR's business is primarily driven by Home Building Segment (98%), and Mortgage Banking Segment (2%). With over half of revenue concentrated in Home Building Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including DHI (-5.6% YoY), LEN (-3.8% YoY), and PHM (-5.9% YoY), NVR has underperformed the peer group in terms of revenue growth. Compare NVR vs DHI →
NVR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| NVRCurrent | $10.2B | -4.9% | +6.5% | 16.2% | |
 DHI | $34.3B | -5.6% | +11.0% | 12.9% | |
 LEN | $34.2B | -3.8% | +8.8% | 8.0% | |
 PHM | $17.3B | -5.9% | +9.4% | 17.3% | |
 TOL | $11.0B | +1.1% | +9.2% | 15.7% | |
 MHO | $4.4B | -1.5% | +7.7% | 11.5% |
NVR Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $10.32B | -2.1% | $2.37B | 23.0% | $1.67B | 16.2% |
| 2024 | $10.54B | +10.6% | $2.69B | 25.5% | $1.99B | 18.9% |
| 2023 | $9.53B | -9.5% | $2.48B | 26.0% | $1.82B | 19.1% |
| 2022 | $10.54B | +17.6% | $2.88B | 27.3% | $2.17B | 20.6% |
| 2021 | $8.96B | +18.7% | $2.20B | 24.5% | $1.47B | 16.4% |
| 2020 | $7.55B | +2.0% | $1.61B | 21.3% | $977.4M | 13.0% |
| 2019 | $7.40B | +3.1% | $1.55B | 21.0% | $948.2M | 12.8% |
| 2018 | $7.18B | +13.6% | $1.48B | 20.7% | $895.1M | 12.5% |
| 2017 | $6.31B | +8.3% | $1.32B | 21.0% | $799.4M | 12.7% |
| 2016 | $5.83B | +12.9% | $1.12B | 19.2% | $621.7M | 10.7% |
Full NVR Stock Analysis
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Start ComparisonNVR — Frequently Asked Questions
Quick answers to the most common questions about buying NVR stock.
Is NVR's revenue growth accelerating or slowing?
NVR revenue growth slowed to -4.9%, below the 5-year CAGR of +6.5%. TTM revenue is $10.2B. The deceleration marks a shift from historical growth rates.
What is NVR's long-term revenue growth rate?
NVR, Inc.'s 5-year revenue CAGR of +6.5% reflects the variable expansion pattern. Current YoY growth of -4.9% is near this long-term average.
How is NVR's revenue distributed by segment?
NVR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.