NVR Inc (NVR)
Operating return on assets (Operating ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 10,516,000 | 9,441,460 | 10,451,200 | 8,880,980 | 7,467,690 |
| Total assets | US$ in thousands | 6,380,990 | 6,601,760 | 5,660,970 | 5,834,480 | 5,777,140 |
| Operating ROA | 164.80% | 143.01% | 184.62% | 152.22% | 129.26% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $10,516,000K ÷ $6,380,990K
= 164.80%
Based on the provided information, NVR Inc's operating return on assets (operating ROA) has shown a positive trend over the years. The operating ROA increased from 129.26% as of December 31, 2020, to 152.22% by the end of December 31, 2021, indicating an improvement in the company's ability to generate operating income from its assets.
This positive trend continued as the operating ROA further rose to 184.62% by December 31, 2022, suggesting that NVR Inc was becoming more efficient in utilizing its assets to generate operating profits. However, there was a slight decrease in the operating ROA to 143.01% as of December 31, 2023, which might indicate some operational challenges or changes in the company's business environment during that period.
Nevertheless, NVR Inc managed to bounce back, with the operating ROA increasing to 164.80% by the end of December 31, 2024, showcasing the company's ability to maintain profitability from its asset base. Overall, the trend in NVR Inc's operating ROA reflects a generally positive performance, with fluctuations that may require further analysis to understand the underlying factors contributing to the changes in the ratio.
Peer comparison
Dec 31, 2024