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AI brief of an SEC Form 8-K · NVR (NVR)

NVR Q4 net income rises 12% to $457.4 million as revenue climbs 17%

Positive Impact 3 of 5 earnings Written later

NVR reported fourth-quarter 2024 net income of $457.4 million, or $139.93 per diluted share, up 12% and 15% respectively from a year earlier, on consolidated revenue of $2.85 billion, up 17%. For the full year, revenue rose 11% to $10.52 billion and diluted earnings per share rose 9% to $506.69, though fourth-quarter new orders fell 8% and the homebuilding gross profit margin narrowed.

Key points

  • Q4 2024 net income $457.4 million vs. $410.1 million in Q4 2023; diluted EPS $139.93 vs. $121.56
  • Q4 2024 new orders fell 8% to 4,794 units; cancellation rate rose to 17% from 13%
  • Homebuilding gross profit margin fell to 23.6% in Q4 2024 from 24.1% a year earlier
  • Full-year 2024 net income $1.68 billion, up 6%; share repurchases totaled $2.06 billion for the year

The filing

CompanyNVR (NVR)
Form8-K, current report
Filed with the SECJan 28, 2025, 2:17 PM ET
Accession number0000906163-25-000003

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.