SuperworthNVR profit margin NVR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 12.0%
- Operating margin, 12 months
- 15.9%
- Net margin on a year earlier
- −2.4 pts
- Peer median
- 7.5%
Over the twelve months to Jun 30, 2026, NVR kept 12.0% of its revenue as net profit, with an operating margin of 15.9% and a gross margin of 22.0%.
Five years earlier its net margin was 13.1%.
The median for 10 homebuilders of a similar size is 7.5%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 13.0% | 17.3% | 23.0% |
| FY2024 | 16.0% | 20.4% | 25.4% |
| FY2023 | 16.7% | 20.6% | n/a |
| FY2022 | 16.4% | 21.6% | n/a |
| FY2021 | 13.8% | 18.3% | n/a |
| FY2020 | 12.0% | 14.7% | n/a |
| FY2019 | 11.9% | 14.1% | n/a |
| FY2018 | 11.1% | 13.6% | n/a |
| FY2017 | 8.7% | 14.0% | n/a |
| FY2016 | 7.4% | 12.0% | n/a |
| FY2015 | 7.6% | 12.4% | n/a |
| FY2014 | 6.4% | 10.9% | n/a |
| FY2013 | 6.4% | 10.7% | n/a |
| FY2012 | 5.8% | 8.9% | n/a |
| FY2011 | 5.0% | 7.8% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.0% | −2.4 pts | 15.9% | |
| Q1 FY26 | 12.6% | −2.3 pts | 16.7% | |
| Q4 FY25 | 13.0% | −3.0 pts | 17.3% | |
| Q3 FY25 | 13.7% | −2.5 pts | 18.1% | |
| Q2 FY25 | 14.4% | −2.1 pts | 18.8% | |
| Q1 FY25 | 15.0% | −2.0 pts | 19.6% | |
| Q4 FY24 | 16.0% | −0.7 pts | 20.4% | |
| Q3 FY24 | 16.2% | −0.5 pts | 20.3% | |
| Q2 FY24 | 16.5% | +0.3 pts | 20.7% | |
| Q1 FY24 | 17.0% | +1.1 pts | 20.6% | |
| Q4 FY23 | 16.7% | +0.3 pts | 20.6% | |
| Q3 FY23 | 16.7% | +0.7 pts | 20.8% |
Against its peers
Companies in Residential Construction nearest NVR's size, closest first, today.
| Company | Profit margin |
|---|---|
| NVRNVR | 12.0% |
| TOLToll Brothers | 11.1% |
| PHMPulteGroup | 11.6% |
| DHID.R. Horton | 9.2% |
| IBPInstalled Building Products | 8.5% |
| ECGEverus Construction | 6.0% |
| MTHMeritage Homes CORP | 6.1% |
| TPCTutor Perini | 2.1% |
| GEOGEO | 10.3% |
| MHOM/I Homes | 6.6% |
| KBHKB Home | 4.4% |
| Peer median | 7.5% |
Where NVR ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on NVR
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.