NVR Inc (NVR)

Operating return on assets (Operating ROA)

		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
Operating income (ttm)	US$ in thousands	10,516,020	10,033,130	9,870,130	9,577,570	9,404,220	7,043,330	7,232,430	7,555,010	7,757,300	7,756,700	7,378,540	7,004,490	6,668,620	6,676,220	6,271,280	5,608,310	5,149,070	7,179,910	7,099,290	7,295,560
Total assets	US$ in thousands	6,380,990	6,488,160	6,407,290	6,538,160	6,601,760	6,372,260	6,266,780	6,075,900	5,660,970	5,389,530	5,287,700	5,726,210	5,834,480	5,788,890	5,854,440	5,820,810	5,777,140	5,499,920	4,730,020	3,887,520
Operating ROA		164.80%	154.64%	154.05%	146.49%	142.45%	110.53%	115.41%	124.34%	137.03%	143.92%	139.54%	122.32%	114.30%	115.33%	107.12%	96.35%	89.13%	130.55%	150.09%	187.67%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $10,516,020K ÷ $6,380,990K
= 164.80%

Operating return on assets (operating ROA) is a key metric that evaluates a company's efficiency in generating operating income relative to its total assets. NVR Inc's operating ROA has shown fluctuations over the quarters, ranging from a high of 187.67% in March 2020 to a low of 89.13% in December 2020.

The trend has been mostly positive since then, with operating ROA gradually increasing and peaking at 164.80% by the end of December 2024. This indicates that NVR Inc has been able to improve its efficiency in utilizing its assets to generate operating profits over time.

Overall, the upward trend in operating ROA suggests that NVR Inc has been successful in managing its assets effectively to drive operating income, which is a positive indicator of the company's operational performance and financial health.