Nvr Inc (NVR)
Consumer Discretionary · Homebuilding · US stock · S&P 500 component
$6,110.63
▲ +210.63 (3.57%)
Fair valueFair
$6,209 +1.6% to fair value
$3,105fair band $5,285–$7,527$9,314
Day's range
$5,600.00 – $6,118.77
52-week range
$5,501.01 – $8,200.00
About Nvr Inc
NVR is a homebuilder that builds and markets houses and townhomes under the Ryan Homes, NVHomes and Heartland Homes names, and it also runs a mortgage banking business. Its homes are built in the mid-Atlantic, North East, Midwest and Southeast regions of the United States. The company relies on controlling land through purchase options rather than owning large amounts of land outright. Its customers are first-time and move-up households.
NVR earns its revenue mostly from the homes it builds and delivers, with a smaller contribution from mortgage banking. Revenue was $9.5 billion over the last twelve months, and it has changed at -0.6% a year across the last three years, which is almost flat. No dividend is paid. Margin, return and net debt measures are not available on the site for this company. On the site's X-Ray Score it receives 25 out of 100.
Price chart
52-wk range $5,501.01 – $8,200.00Volume 68,675Daily, split-adjusted
Vitals
Market cap$17.2B
52-week range$5,501.01 – $8,200.00
Volume (last day)68,675
P/E (TTM)15.9
EBIT / EV yield–
Free-cash-flow yield6.1%
Dividend yieldNo dividend
Revenue (TTM)$9.5B
Net income (TTM)$1.1B
Operating margin–
Return on capital–
Debt incl. leasesData missing
Cash & securities$1.2B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$6,209middle half of models $6,127 – $6,251
Fair
+1.6% to fair value
Average of the 4 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $6,111
Undervalued < $5,285Fair $5,285 – $7,527Overvalued > $7,527
P/E multiple
$6,117
P/B multiple
$6,384
P/S multiple
$6,207
EV/revenue multiple
$6,130
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Consumer Discretionary peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
46/100
Expensive against its sector on earnings and cash flow.
See the numbers →
Free-cash-flow yield6.1%
Fair value vs price1.0×
Growth
Weak
16/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)-0.6%
EPS growth (3y)-3.9%
Growth consistency50%
Profitability
Weak
10/100
Earns lower returns on its capital than most peers.
See the numbers →
Financial health
n/a
–/100
Not enough data.
See the numbers →
Dividends
None
–/100
Pays no dividend.
See the numbers →
Quarterly results: last 6 quarters
+3.0%
Mar '25
-0.5%
Jun '25
-4.5%
Sep '25
-4.7%
Dec '25
-21.7%
Mar '26
-10.5%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.3B, diluted EPS $83.96.
Compare with peers
DHI Horton D R Inc43 LEN Lennar Corp33 PHM Pultegroup Inc26Other Homebuilding companies by X-Ray Score.
SWOT analysis: Nvr Inc
Strengthsinside the company
- Free cash flow equals 6.1% of the market value, which funds dividends, buybacks or debt paydown.
Weaknessesinside the company
- Revenue has fallen 0.6% a year over three years while industry peers grew 0.8%.
Opportunitiesvaluation and setting
- No specific opportunity is visible in our valuation, sector or growth data.
Threatsvaluation and setting
- Earnings in Homebuilding follow the industry cycle, so margins and profits can swing from year to year.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare NVR with peers and sector
Medians of 3 Homebuilding peers and of 46 Consumer Discretionary stocks in our universe.
Largest peers (X-Ray Score): DHI 43, PHM 26, LEN 33.
| Metric | NVR | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 25 | 33 | 51 |
| Valuation | 46 | 63 | 49 |
| Growth | 16 | 28 | 53 |
| Profitability | 10 | 19 | 52 |
| Financial health | – | 36 | 50 |
| Dividends | – | 49 | 52 |
Sector leaders: highest X-Ray Score in Consumer Discretionary
NVR ranks #47 of 47 in Consumer Discretionary and #4 of 4 in Homebuilding by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for NVR
Each factor is rated by where NVR stands among the 47 Consumer Discretionary stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 1 Good · 7 Average · 5 Bad of 13
Growth: 0 · 1 · 2
Profitability: 0 · 2 · 0
Valuation: 1 · 3 · 0
Cash flow: 0 · 1 · 3
| Factor | NVR | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | −0.6% | Bad beats 10% | +6.5% | – | – |
| Revenue growth, last year | −1.9% | Bad beats 10% | +4.9% | +10.6% | ▼ Worse |
| EPS growth, 3 years a year | −3.9% | Average beats 35% | +4.0% | – | – |
| Profitability | |||||
| Net margin | 12.0% | Average beats 60% | 11.4% | 16.0% | ▼ Worse |
| Return on equity | 33.7% | Average beats 46% | 35.3% | 40.0% | ▼ Worse |
| Valuation | |||||
| P/E ratio | 15.1x | Good beats 81% | 21.1x | 16.1x | ≈ In line |
| Price / book | 5.1x | Average beats 63% | 7.2x | 5.8x | ▲ Better |
| Price / sales | 1.8x | Average beats 61% | 2.1x | 2.5x | ▲ Better |
| Free cash flow yield | 6.1% | Average beats 60% | 4.3% | 5.4% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 11.0% | Average beats 51% | 10.8% | 13.7% | ▼ Worse |
| Cash from operations / net income | 0.93 | Bad beats 13% | 1.37 | 0.94 | ≈ In line |
| Free cash flow growth, 3 years a year | −16.0% | Bad beats 10% | +12.1% | – | – |
| Accruals (lower is better) | +1.4% | Bad beats 10% | −5.3% | – | – |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 0 Good · ● 3 Average · ● 4 BadCash quality
Earnings backed by cashBad
Free-cash-flow yieldAverage
Risk models
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Bad
Growth consistencyBad
Balance sheet
Valuation
Fair value vs priceAverage
Profitability
Each check is graded against the company's sector, not a fixed number. Checklist score 32/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $9.0B | $10.5B | $9.5B | $10.5B | $10.3B |
| Operating income | – | – | – | – | – |
| Net income | $1.2B | $1.7B | $1.6B | $1.7B | $1.3B |
| Operating cash flow | $1.2B | $1.9B | $1.5B | $1.4B | $1.1B |
| Operating margin | – | – | – | – | – |
| Free cash flow | $1.2B | $1.9B | $1.5B | $1.3B | $1.1B |
| Diluted EPS | $320.48 | $491.82 | $463.31 | $506.69 | $436.55 |
Fiscal years, from SEC filings.
Technical summary
Daily
Bearish
5 bullish · 2 neutral · 9 bearish
Weekly
Strongly bearish
0 bullish · 1 neutral · 11 bearish
Monthly
Strongly bearish
0 bullish · 1 neutral · 7 bearish
Moving averages (daily)
| SMA 10 | 5,885.7 | Bullish |
| EMA 10 | 5,948.6 | Bullish |
| SMA 20 | 5,994.1 | Bullish |
| EMA 20 | 5,992.2 | Bullish |
| SMA 50 | 6,168.7 | Bearish |
| EMA 50 | 6,122.1 | Bearish |
| SMA 100 | 6,296.8 | Bearish |
| EMA 100 | 6,266.8 | Bearish |
| SMA 200 | 6,587.8 | Bearish |
| EMA 200 | 6,542.6 | Bearish |
Oscillators (daily)
| RSI (14) | 53.30 | Neutral |
| MACD (12, 26) | -70.50 | Bearish |
| Momentum (12) | 1.06 | Bullish |
| Stochastic %K (14) | 98.43 | Bearish |
| Williams %R (14) | -1.57 | Bearish |
| CCI (20) | -24.73 | Neutral |
Pivot points (classic, last session)
S3 5,248.7 | S2 5,424.4 | S1 5,767.5 | Pivot 5,943.1 | R1 6,286.3 | R2 6,461.9 | R3 6,805.0 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
ETFs that hold NVR
| ETF | Share of the fund |
|---|---|
| ITB iShares U.S. Home Construction | 6.72% |
| NAIL Direxion Daily Homebuilders & Supplies... | 5.44% |
| XHB SPDR S&P Homebuilders | 3.20% |
| FTCS First Trust Capital Strength | 1.96% |
| OMFL Oppenheimer Russell 1000 Dynamic Multi... | 0.48% |
| XLY Consumer Discretionary Select Sector S... | 0.46% |
| COWZ Pacer US Cash Cows 100 | 0.37% |
| QUAL iShares MSCI USA Quality Factor | 0.35% |
The eight funds with the largest weight in NVR among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
NVR SEC filings
8-KSEC EDGAR
Results of operations
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Director or officer change
8-KSEC EDGAR
Shareholder vote results
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
DEF 14ASEC EDGAR
Proxy statement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.