NVR Inc (NVR)
Pretax margin
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,865,844 | 1,960,383 | 2,046,818 | 2,115,506 | 2,026,919 | 2,027,647 | 1,965,255 | 1,928,373 | 2,019,048 | 2,018,223 | 2,121,059 | 2,253,194 | 2,105,277 | 2,000,889 | 1,844,342 | 1,590,403 | 1,548,968 | 1,436,298 | 1,228,664 | 1,078,033 |
| Revenue (ttm) | US$ in thousands | 10,310,260 | 10,542,640 | 10,556,460 | 10,543,580 | 10,129,720 | 9,966,130 | 9,691,150 | 9,534,890 | 9,813,290 | 10,019,540 | 10,339,110 | 10,538,290 | 10,055,030 | 9,672,670 | 9,296,760 | 8,959,760 | 9,073,670 | 8,667,920 | 8,004,330 | 7,545,850 |
| Pretax margin | 18.10% | 18.59% | 19.39% | 20.06% | 20.01% | 20.35% | 20.28% | 20.22% | 20.57% | 20.14% | 20.51% | 21.38% | 20.94% | 20.69% | 19.84% | 17.75% | 17.07% | 16.57% | 15.35% | 14.29% |
September 30, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,865,844K ÷ $10,310,260K
= 18.10%
Peer comparison
Sep 30, 2025
Company name
Symbol
Pretax margin
NVR Inc
NVR
18.10%
DR Horton Inc
DHI
13.84%
KB Home
KBH
8.89%
Lennar Corporation
LEN
8.24%
M/I Homes Inc
MHO
11.93%
Meritage Corporation
MTH
9.98%
PulteGroup Inc
PHM
16.82%
Toll Brothers Inc
TOL
16.33%