NVR Inc (NVR)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Revenue | US$ in thousands | 10,524,500 | 9,518,200 | 10,526,400 | 8,951,020 | 7,536,920 |
| Property, plant and equipment | US$ in thousands | — | — | 148,601 | 115,989 | 62,330 |
| Fixed asset turnover | — | — | 70.84 | 77.17 | 120.92 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $10,524,500K ÷ $—K
= —
The fixed asset turnover ratio for NVR Inc has exhibited a declining trend over the years, decreasing from 120.92 in December 31, 2020, to 77.17 in December 31, 2021, and further to 70.84 in December 31, 2022. This suggests that the company is generating fewer revenues relative to its investment in fixed assets, indicating declining efficiency in utilizing its fixed assets to generate sales. The absence of data for the subsequent years, December 31, 2023 and 2024, makes it challenging to assess the trajectory of the fixed asset turnover ratio beyond 2022. The declining trend observed in the earlier years prompts further scrutiny into NVR Inc's operational efficiency and asset utilization strategies.
Peer comparison
Dec 31, 2024