NVR Inc (NVR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,115,510 | 1,928,370 | 2,253,190 | 1,590,400 | 1,078,030 |
| Revenue | US$ in thousands | 10,524,500 | 9,518,200 | 10,526,400 | 8,951,020 | 7,536,920 |
| Pretax margin | 20.10% | 20.26% | 21.41% | 17.77% | 14.30% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,115,510K ÷ $10,524,500K
= 20.10%
The pretax margin of NVR Inc has shown consistent improvement over the past five years, indicating a positive trend in the company's ability to generate profits before taxes relative to its total revenue. The margin increased from 14.30% on December 31, 2020, to 20.10% on December 31, 2024. This indicates that the company has become more efficient in managing its operating expenses and controlling costs, resulting in higher profitability. The steady growth in pretax margin reflects NVR Inc's ability to effectively manage its financial operations and optimize its profitability over the years.
Peer comparison
Dec 31, 2024