Stocktoria

NVR INC NVR

NYSE · stock · Operative Builders · website · IPO 1987-06-25 · LEI

NVR INC statistics & valuation

Market cap$18.4B
P / E13.8×
P / S1.8×
P / B4.8×
P / FCF16.8×
Net margin13.0%
Return on equity34.7%
FCF margin10.6%
Graham number -44.1%$3,516.98

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($3,516.98); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.30% 8.50% 11.10% 11.90% 12.00% 13.80% 16.40% 16.70% 16.00% 13.00% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
32.60% 33.50% 44.10% 37.50% 29.00% 41.20% 49.20% 36.50% 40.00% 34.70% 2016201720182019202020212022202320242025
Shares outstanding
4.1M 4.2M 4.1M 4.0M 3.9M 3.9M 3.5M 3.4M 3.3M 3.1M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
16.10% 18.00% 25.20% 23.10% 15.60% 21.20% 30.50% 24.10% 26.40% 22.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
6.40% 8.70% 9.80% 11.40% 12.10% 13.70% 17.60% 15.50% 12.80% 10.60% 2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$103.61 $126.77 $194.80 $221.13 $230.11 $320.48 $491.82 $463.31 $506.69 $436.55 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

NVR INC trades at about 14.4× earnings — below its 10-year norm (10-year range 10.7×–25.1×, median 17.3×).

10.7× 25.1×

Shaded band = 10-year range (10.7×–25.1×); dot = today's 14.4×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin13.0%16.0%16.7%16.4%13.8%12.0%11.9%11.1%8.5%7.3%
FCF margin10.6%12.8%15.5%17.6%13.7%12.1%11.4%9.8%8.7%6.4%
Return on assets22.9%26.4%24.1%30.5%21.2%15.6%23.1%25.2%18.0%16.1%
Return on equity34.7%40.0%36.5%49.2%41.2%29.0%37.5%44.1%33.5%32.6%

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.