NVR Inc (NVR)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,591,611	1,636,304	1,614,540	1,643,827	1,725,575	1,605,388	1,526,076	1,414,057	1,236,719	1,207,142	1,131,527	974,307	901,248	852,381	819,702	865,836	878,539	854,560	826,589	819,554
Revenue (ttm)	US$ in thousands	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	7,388,660	7,393,010	7,334,160	7,321,270
Net profit margin		16.72%	16.70%	16.14%	15.92%	16.39%	15.98%	15.79%	15.22%	13.82%	13.32%	13.07%	12.19%	11.96%	11.87%	11.54%	11.89%	11.89%	11.56%	11.27%	11.19%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,591,611K ÷ $9,518,200K
= 16.72%

The net profit margin of NVR Inc. has been relatively stable over the past eight quarters, ranging between 15.20% to 16.61%. This indicates that the company has been able to maintain a consistent level of profitability relative to its revenue during this period. The highest net profit margin was observed in Q3 2023 at 16.61%, while the lowest was in Q2 2022 at 15.20%.

Overall, NVR Inc. has demonstrated a favorable ability to generate profits from its operations, as evidenced by its net profit margin consistently above 15%. This suggests efficient cost management and effective revenue generation strategies within the company. However, further analysis of other financial metrics and industry benchmarks would provide a more comprehensive evaluation of the company's financial performance.