NVR - NYSE
NVR, Inc.
$6.12K
-1.2%NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers. It also provides various mortgage related services to its homebuilding customers, as well as brokers title insurance; performs title searches in connection with mortgage loan closings; and sells mortgage loans to investors in the secondary markets on a servicing released basis. The company primarily serves in Maryland, Virginia, West Virginia, Delaware, New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Florida, Tennessee, and Washington, D.C. NVR, Inc. was founded in 1980 and is headquartered in Reston, Virginia.
At a Glance
Live SnapshotNVR, Inc. Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.
Working Capital Impact
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash Flow Quality Insight
Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.
NVR, Inc. Cash Flow Statement
NVR • NYSE
| NVR, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
1.3B | 1.7B | 1.6B | 1.7B | 1.2B | 901.2M | 878.5M | 797.2M | 537.5M | 425.3M | 382.9M | 281.6M | 266.5M | 180.6M | 129.4M | 206M | 192.2M | 100.9M | 334M | 587.4M | |
24.5M | 18.4M | 16.9M | 17.4M | 19.5M | 22M | 20.8M | 20.2M | 22.7M | 22.3M | 21.5M | 17.6M | 13.4M | 8.1M | 6.7M | 7.3M | 9.7M | 13.6M | 17M | 14.2M | |
-1.4M | 5.8M | -3.7M | -11.1M | -234K | -17.6M | -4.1M | 914K | 61.3M | -10M | 1.9M | -4.2M | -16.8M | 11.8M | 23.7M | 13.6M | 21.9M | -12M | -43.3M | -74.5M | |
69.2M | 73.9M | 99.5M | 82.5M | 58.2M | 50.8M | 78.5M | 75.7M | 44.6M | 43.6M | 54.1M | 63.2M | 34.3M | 64.8M | 64.5M | 53.1M | 46.3M | 41.2M | 14.2M | 58.1M | |
-162.4M | -97.1M | 23.1M | 67.8M | 95.2M | 54.8M | -26.4M | -89.6M | 10.7M | -39.9M | -142.8M | 6.3M | -48.4M | 42.8M | -78.4M | -220.2M | -81.7M | 188.5M | 129.7M | 5.1M | |
(438.8M) | (409.9M) | (407.2M) | (529.8M) | (389.4M) | (163.1M) | (153.9M) | (181.2M) | (260.2M) | (219M) | (194.7M) | (181.8M) | (113.2M) | (59.6M) | (49.8M) | (40.7M) | (28.8M) | (65.1M) | (157.1M) | (0.0) | |
-148.4M | -308.4M | -229.3M | -12.1M | -167M | -86M | -80.9M | -81.3M | -107.8M | -56.8M | -114.3M | -180M | 21.3M | -43.8M | -144.4M | -4.4M | 53.3M | 130.2M | 107.2M | 92.7M | |
1.1B | 1.4B | 1.5B | 1.9B | 1.2B | 925.3M | 866.5M | 723.1M | 568.9M | 384.5M | 203.4M | 184.5M | 270.2M | 264.4M | 1.5M | 55.4M | 241.6M | 462.4M | 558.8M | 683M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-24.5M | -29.2M | -24.9M | -18.4M | -17.9M | -16.1M | -22.7M | -19.7M | -20.3M | -22.4M | -18.3M | -31.7M | -19M | -12.4M | -11.4M | -6.9M | -3M | -6.9M | -10.5M | -23.4M | |
(0.0) | (0.0) | (0.0) | -9.7M | -1.3M | -435K | -702K | (1.3M) | (847K) | (1M) | -1.9M | (0.0) | -22.9M | -15.3M | (0.0) | (655K) | -637.9M | (0.0) | (0.0) | (0.0) | |
(0.0) | (0.0) | (0.0) | -9.7M | -1.3M | -435K | -702K | (0.0) | -3.8M | -653K | (0.0) | (0.0) | (0.0) | (0.0) | -61.6M | -152M | -858.4M | (0.0) | (0.0) | (0.0) | |
0.0 | 0.0 | 0.0 | 9.7M | 1.3M | 435K | 702K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 369.5M | 638.8M | 0.0 | 0.0 | 0.0 | |
-46.7M | 2.7M | 777K | 732K | 978K | 12.6M | 10.1M | 10.2M | 7.2M | 12.6M | 19.2M | 12.6M | 7.4M | 5M | 11.2M | 1.2M | 638.8M | 1.4M | 1.2M | 833K | |
-71.2M | -26.6M | -24.1M | -27.4M | -18.2M | -3.9M | -13.3M | -8.2M | -16M | -9.4M | -1M | -19.1M | -34.5M | -22.6M | -61.9M | (212.4M) | -221.6M | -5.5M | -9.3M | -22.6M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-1.8B | -1.9B | -831.3M | -1.3B | -1.4B | -190.2M | -424.4M | -672M | -281.6M | -417.2M | -345.4M | -491.4M | -540.5M | -154.1M | -582.3M | -339.6M | 78.5M | 52M | -440.1M | -271.2M | |
-4.7M | -2.6M | -1.7M | -601.5M | -1.4M | 922.9M | -306K | 0.0 | 0.0 | 0.0 | -64K | -3.4M | -1.9M | 575.8M | -93.1M | -48.2M | -62.5M | -75.6M | -70.3M | -106.5M | |
-1.8B | -2.1B | -1.1B | -1.5B | -1.5B | -371.1M | -698.4M | -846.1M | -422.2M | -455.4M | -431.4M | -567.5M | -554.5M | -227.3M | -689.3M | -417.1M | (0.0) | -128K | -507.6M | -291.7M | |
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -5.1M | 0.0 | -234K | 0.0 | 13.5M | 23M | 8.5M | 19.4M | 14.3M | 22.8M | 63.6M | 66.4M | 50.2M | 69M | 96M | |
-1.8B | -1.9B | -833M | -1.9B | -1.4B | 727.6M | -424.7M | -672.3M | -281.6M | -403.7M | -322.5M | -486.3M | -523M | 430.9M | -652.6M | -324.2M | 82.5M | 26.6M | -441.4M | -281.8M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-707.8M | -550.8M | 640.9M | -62.5M | -172.8M | 1.6B | 428.6M | 42.7M | 271.2M | -28.7M | -120.1M | -320.8M | -287.3M | 672.7M | -713M | -56.4M | 102.5M | 483.4M | 108.1M | 378.6M | |
2.7B | 3.2B | 2.6B | 2.6B | 2.8B | 1.2B | 732.2M | 689.6M | 396.6M | 425.3M | 545.4M | 866.3M | 1.2B | 480.8M | 1.2B | 1.3B | 1.1B | 664.2M | 556.1M | 177.5M | |
2B | 2.7B | 3.2B | 2.6B | 2.6B | 2.8B | 1.2B | 732.2M | 667.9M | 396.6M | 425.3M | 545.4M | 866.3M | 1.2B | 480.8M | 1.2B | 1.3B | 1.1B | 664.2M | 556.1M | |
1.1B | 1.3B | 1.5B | 1.9B | 1.2B | 909.2M | 843.8M | 703.5M | 548.6M | 362.1M | 185.1M | 152.9M | 251.2M | 252M | -10M | 48.4M | 238.6M | 455.5M | 548.2M | 659.5M |
SEC Filings
NVR - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 14, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 08, 2026 | May 07, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 22, 2026 | April 22, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 17, 2026 | May 07, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 11, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | January 28, 2026 | January 28, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 22, 2025 | October 22, 2025 | 2025 | |
8-K 8-K 2025 N/A | October 01, 2025 | October 01, 2025 | 2025 |
Related Guides
Continue your NVR research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.