NVR (NVR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

NVR

NYSE•Consumer Cyclical•Residential Construction

$6,242.23+55.80(0.01%)After hours

Market Cap

$16.84B

P/E

14.8x

P/S

1.8x

P/B

5.0x

NVR, Inc. operates as a homebuilder in the United States. The company operates through Homebuilding and Mortgage Banking segments. 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; and sells mortgage loans to investors in the secondary markets on a servicing released basis. The company primarily serves Maryland, Virginia, West Virginia, Delaware, Washington, D.C., New Jersey, Eastern Pennsylvania, New York, Ohio, Western Pennsylvania, Indiana, Illinois, North Carolina, South Carolina, Tennessee, Florida, Georgia, and Kentucky. NVR, Inc. was founded in 1948 and is headquartered in Reston, Virginia.

How this company scores

AverageMetricSide Score: 55/100

Strongest: Profitability (17/25); weakest: Growth (6/25).

Profitability17/25

Growth6/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality17/25

Strengths

High ROEInterest easily coveredCash-backed earningsNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 14.8x5y range 8.1x – 18.5x

Currently near its 20-quarter median.

P/S · 1.8x5y range 1.3x – 3.0x

Currently near its 20-quarter median.

P/B · 5.0x5y range 4.2x – 7.1x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 31.1% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $16.84B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $9.53B
Q. Revenue: $2.33B
TTM EBITDA: $1.26B
TTM Op. Income: $1.22B
Q. Op. Income: $281.47M
TTM Net Income: $1.14B
Q. Net Income: $236.46M
EPS: $87.65
Shares Out.: $2.70M

$9.53B in TTM revenue declined 9.9% YoY, reaching $2.33B last quarter. TTM EBITDA of $1.26B and TTM operating income of $1.22B show growth is flowing through to the bottom line. TTM net income of $1.14B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 20.9%
EBITDA Margin: 12.4%
Op. Margin: 12.1%
Net Margin: 10.2%

Op. margin of 12.1% is down 5.1% YoY — costs are rising relative to revenue. Net margin at 10.2% and gross margin of 20.9% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 14.8x
P/S Ratio: 1.8x
P/B Ratio: 5.0x

At 14.8x P/E, the stock trades below typical market levels. P/S of 1.8x and P/B of 5.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 4% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $5.47B
Cash: $1.20B
Long-Term Debt: N/A
Book Value: $3.39B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $-151.53M
TTM Free Cash Flow: $1.05B
FCF Margin: 11.0%
FCF / Net Income: 0.9

TTM FCF of $1.05B on $-151.53M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 13% — a weakening trend.