NVR, Inc. (NVR)
Consumer Discretionary · Residential homebuilding
One of America's largest homebuilders, constructing pre-sold single-family homes, townhomes, and condominiums across 37 metro areas while operating a complementary mortgage banking subsidiary.
What NVR, Inc. does
NVR, Inc. is one of the largest homebuilders in the United States, constructing and selling single-family detached homes, townhomes, and condominium buildings primarily on a pre-sold basis across 37 metropolitan areas in 16 states and Washington, D.C. The company operates three homebuilding brands—Ryan Homes (targeting first-time and first-time move-up buyers), NVHomes, and Heartland Homes (targeting move-up and luxury buyers)—and acquires finished building lots from third-party land developers primarily through fixed-price lot purchase agreements with forfeitable deposits. Through its wholly owned subsidiary NVR Mortgage Finance, Inc., the company provides mortgage banking and title services exclusively to its homebuyers, generating revenues from origination fees, loan sale gains, and title fees.
Themes: ["Residential construction","Pre-sold homebuilding","U.S. housing market","Mortgage banking integration","First-time homebuyers","Move-up and luxury homes"]
Fundamentals
- Price$6,471.44 as of 2026-07-09 close
- Market cap$17.5B as of 2026-07-10
- 1-year return-16.0% as of 2026-07-09 close
- P/E14.11 as of 2026-07-10
- Net margin+12.5% as of 2026-07-10
- Gross margin+23.5% as of 2026-07-10
- ROE+32.7% as of 2026-07-10
- Debt / equity0.26 as of 2026-07-10
- Revenue growth (YoY)-7.7% as of 2026-07-10
- Revenue CAGR (3y)-0.6% SEC XBRL
- Beta0.90 as of 2026-07-10
Key risks (from latest filing)
["Revenue declined 7.68% year-over-year, reflecting weakness in residential demand and potential market contraction in homebuilding activity","Business model relies on maintaining adequate supply of finished building lots through third-party developers; loss of lot acquisition capacity or developer disruption could impact construction pipeline","Exposed to regional economic cycles and fluctuations in mortgage rates and housing market sentiment, which directly impact buyer demand and pricing power"]
Competitors & peers
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.