NVR, Inc. (NYSE:NVR) is a leading player in the homebuilding and mortgage banking industry. The company is known for its robust financial performance and strategic market positioning. NVR operates primarily in the United States, focusing on constructing and selling single-family detached homes, townhomes, and condominium buildings. It competes with other major homebuilders like Lennar Corporation and D.R. Horton.
On October 22, 2025, NVR reported impressive earnings per share (EPS) of $112.33, surpassing the estimated $104.27. This performance highlights the company's ability to exceed market expectations. As highlighted by Zacks, the EPS also exceeded their consensus estimate of $107.88, marking an earnings surprise of 4.12%. However, it's important to note that this figure represents a decrease from the $130.50 per share reported in the same quarter last year.
NVR's revenue for the third quarter of 2025 reached approximately $2.61 billion, exceeding the estimated $2.43 billion. This achievement underscores the company's strong market presence and operational efficiency. Despite this revenue beat, the figure is slightly down from the $2.73 billion reported in the same period of the previous year. Over the first nine months of 2025, NVR's consolidated revenues totaled $7.61 billion, reflecting a 1% decrease from the previous year.
The company's net income for the third quarter of 2025 was $342.7 million, translating to $112.33 per diluted share. This marks a 20% decline in net income and a 14% decrease in diluted EPS compared to the third quarter of 2024. For the nine-month period ending September 30, 2025, net income was $976 million, a 20% drop from the $1.22 billion recorded in the corresponding period of 2024.
NVR maintains a strong financial position with a price-to-earnings (P/E) ratio of approximately 14.93, indicating the market's valuation of the company's earnings. The debt-to-equity ratio is relatively low at 0.27, reflecting a conservative approach to leveraging. Additionally, NVR's current ratio of approximately 3.79 highlights its strong liquidity position, ensuring the company can meet its short-term obligations efficiently.
