NVR, Inc. (NYSE: NVR ) released its second quarter results on July 23, and despite the flat revenues and the 17% Y/Y decrease in net income, the stock has been trading sideways.Triba Research's mission is to uncover high-quality businesses with the potential to deliver sustainable, double-digit returns over the long term. The firm's strategy focuses on identifying companies with strong competitive advantages, operating in growing markets, maintaining low debt levels, and led by a skilled and aligned managem ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____ to ____ Commission File Number: 1-12378 NVR, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...

Core Insights - NVR, Inc. reported better-than-expected second-quarter 2025 results, with earnings and Homebuilding revenues surpassing the Zacks Consensus Estimate, although year-over-year earnings declined and Homebuilding revenues remained flat [1][4]. Financial Performance - Earnings per share were $108.54, exceeding the Zacks Consensus Estimate of $104.89 by 3.5%, but decreased 10.1% from the prior-year quarter's earnings of $120.69 [4][9]. - Homebuilding revenues reached $2.55 billion, surpassing the consensus mark of $2.4 billion by 6.1%, but were flat year over year [4][9]. - Consolidated revenues, including Homebuilding and Mortgage Banking fees, amounted to $2.60 billion, a slight decline of 0.4% year over year [4]. Homebuilding Segment Analysis - Homebuilding segment revenues were flat compared to the year-ago quarter, with settlements down 3% year over year to 5,475 units [5][9]. - The average selling price (ASP) for settlements increased by 3% year over year to $465,400, while gross margin contracted by 210 basis points to 21.5% [5][6]. - New orders decreased by 11% year over year to 5,379 units, with the ASP of new orders remaining flat at $458,100 [6][9]. Market Conditions - The results reflect ongoing affordability challenges for homebuyers amid macroeconomic risks and inflationary pressures, leading to a pullback in the Homebuilding segment [2][3]. - Backlog units and value weakened due to uncertainties in the housing market, with backlog decreasing 13% to 10,069 homes and $4.75 billion in value [6][9]. Mortgage Banking Performance - Mortgage banking fees fell 21.7% year over year to $50.5 million, while closed loan production totaled $1.56 billion, up 2% year over year [7][9]. - The capture rate improved to 87% in the second quarter, up from 86% in the prior year [7]. Shareholder Actions - During the first six months of 2025, NVR repurchased 142,954 shares for $1.05 billion, with 2,883,215 shares outstanding at the end of June 30, 2025 [10].

NVR (NVR -0.05%), a leading U.S. homebuilder behind the Ryan Homes, NVHomes, and Heartland Homes brands, released its second quarter 2025 earnings on July 23, 2025. The headline news was a beat on revenue (GAAP), which reached $2.60 billion, surpassing the analysts' estimate of $2,502.45 million, and earnings per share (GAAP), which came in at $108.54 compared to the expected $106.20. Despite these beats, Several key business metrics declined year over year, with GAAP diluted earnings per share down about 1 ...

NVR (NVR 0.08%), a leading U.S. homebuilder known for its Ryan Homes, NVHomes, and Heartland Homes brands, released its second quarter 2025 earnings results on July 23, 2025. The company beat Wall Street forecasts, reporting earnings per share of $108.54 against an estimate of $106.20 and revenue of $2.60 billion compared to a $2.50 billion consensus. While it exceeded market expectations, it reported year-over-year declines in both profit and earnings per share, reflecting lower new home orders, higher can ...

NVR (NVR) came out with quarterly earnings of $108.54 per share, beating the Zacks Consensus Estimate of $104.89 per share. This compares to earnings of $120.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +3.48%. A quarter ago, it was expected that this homebuilder would post earnings of $107.87 per share when it actually produced earnings of $94.83, delivering a surprise of -12.09%.Over the last four quarters, the company ...

Exhibit 99.1 NVR, INC. ANNOUNCES SECOND QUARTER RESULTS July 23, 2025, Reston, VA—NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announced net income for its second quarter ended June 30, 2025 of $333.7 million, or $108.54 per diluted share. For the second quarter ended June 30, 2025, net income and diluted earnings per share decreased 17% and 10%, respectively, when compared to 2024 second quarter net income of $400.9 million, or $120.69 per diluted share. C ...

Core Insights - The article compares two stocks in the Building Products - Home Builders sector: Persimmon Plc (PSMMY) and NVR (NVR) to determine which presents a better value opportunity for investors [1] Valuation Metrics - Persimmon Plc has a Zacks Rank of 2 (Buy), indicating a positive earnings outlook, while NVR has a Zacks Rank of 4 (Sell) [3] - PSMMY has a forward P/E ratio of 12.45, significantly lower than NVR's forward P/E of 18.22 [5] - The PEG ratio for PSMMY is 0.82, while NVR's PEG ratio is much higher at 4.05, suggesting PSMMY is more favorably valued in terms of expected earnings growth [5] - PSMMY's P/B ratio is 1.14, compared to NVR's P/B ratio of 5.58, further indicating that PSMMY is undervalued relative to its book value [6] Investment Conclusion - Given the stronger estimate revision activity and more attractive valuation metrics, PSMMY is considered the superior option for value investors at this time [7]

Key Takeaways NVR is expected to report an 11.9% drop in Q2 EPS and a 5.8% decline in revenues year over year. Soft homebuyer demand and high mortgage rates weighed on Q2 settlements and average selling price. NVR's Q2 gross margin is projected to fall 150 bps, with SG&A expenses rising 2.7% in homebuilding.NVR, Inc. (NVR) is expected to report lower earnings in the second quarter of 2025. Homebuilding revenues are also likely to have decreased on a year-over-year basis, given soft demand, elevated invent ...

Wall Street expects a year-over-year decline in earnings on lower revenues when NVR (NVR) reports results for the quarter ended June 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lowe ...