NVR Inc (NVR)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 10,519,400 | 10,073,240 | 9,909,770 | 9,626,420 | 9,462,160 | 7,064,480 | 7,262,970 | 7,584,570 | 7,785,770 | 7,785,470 | 7,405,760 | 7,031,060 | 6,694,650 | 6,700,950 | 6,295,670 | 5,632,570 | 5,173,490 | 7,179,410 | 7,099,720 | 7,287,770 |
| Revenue (ttm) | US$ in thousands | 10,524,480 | 10,111,440 | 9,947,510 | 9,673,380 | 9,518,200 | 9,797,810 | 10,005,690 | 10,326,300 | 10,526,430 | 10,044,590 | 9,663,330 | 9,287,990 | 8,951,030 | 9,064,710 | 8,659,080 | 7,995,850 | 7,536,930 | 7,183,110 | 7,104,360 | 7,284,180 |
| Gross profit margin | 99.95% | 99.62% | 99.62% | 99.51% | 99.41% | 72.10% | 72.59% | 73.45% | 73.96% | 77.51% | 76.64% | 75.70% | 74.79% | 73.92% | 72.71% | 70.44% | 68.64% | 99.95% | 99.93% | 100.05% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $10,519,400K ÷ $10,524,480K
= 99.95%
The gross profit margin of NVR Inc has shown a fluctuating trend over the provided time period. It started at exceptionally high levels above 99% in early 2020, indicating efficient cost management and pricing strategies. However, by the end of 2020, the gross profit margin experienced a notable decline to around 68%, likely due to changes in costs or pricing structures.
Subsequently, there was a recovery in the gross profit margin throughout 2021 and into 2022, with a steady increase from 70.44% in March 2021 to 77.51% in September 2022. This improvement suggests that NVR Inc successfully managed its cost of goods sold and maintained healthy pricing levels during this period.
Towards the end of 2022 and into 2023, there was a slight decline in the gross profit margin, dropping from 77.51% to 72.10% by September 2023. This decrease could signal increased costs or competitive pricing pressures impacting NVR Inc's profitability.
However, there was a recovery in the gross profit margin by the end of 2023, rising to 99.41% in December 2023 and steadily maintaining high levels above 99% throughout 2024. This rebound indicates that NVR Inc was able to address earlier challenges and regain strong control over its costs and pricing structures, resulting in improved profitability.
In conclusion, while the gross profit margin of NVR Inc experienced fluctuations over the analyzed period, the company demonstrated resilience in maintaining high levels of profitability, particularly towards the end of the period, showcasing effective cost management and pricing strategies.
Peer comparison
Dec 31, 2024