NVR Inc (NVR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	2,693,020	2,483,690	2,876,020	2,196,640	1,608,450
Revenue	US$ in thousands	10,543,600	9,534,890	10,538,300	8,959,750	7,545,850
Gross profit margin		25.54%	26.05%	27.29%	24.52%	21.32%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,693,020K ÷ $10,543,600K
= 25.54%

Based on the data provided, NVR Inc has demonstrated a consistently high level of gross profit margin over the years, with margins improving gradually. As of December 31, 2020, the gross profit margin stood at a remarkable 99.52%, and by the end of December 31, 2024, it had further increased to an impressive 99.95%. This indicates that NVR Inc effectively controls its production costs and generates significant profits from its core operations. The company's ability to maintain such high levels of gross profit margin demonstrates efficiency in managing its cost of goods sold and pricing strategies, ultimately contributing to its overall financial health and profitability.