NVR NVR margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 60

Gross margin

19.4%

Operating margin

15.2%

EBITDA margin

15.7%

Net margin

11.5%

Currently, NVR has a gross margin of 19.4%, an operating margin of 15.2%, an EBITDA margin of 15.7%, and a net margin of 11.5%. Each available margin declined from the same period last year. Operating margin recorded the strongest contraction, decreasing by 3.1 percentage points.

NVR margin history

Gross, operating, EBITDA and net margin trends

NVR's margins averaged 22.46% gross, 18.9% operating, 19.29% EBITDA, and 14.83% net over the last 3 years. At present, all four current margins are below their three-year averages.

NVR margin expansion

Year-over-year margin changes in percentage points

The strongest decline was in operating margin, which fell by 3.1 percentage points. The other available margins also declined.

Gross margin expansion

-2.6pp

Operating margin expansion

-3.1pp

EBITDA margin expansion

-3pp

Net margin expansion

-2.5pp

NVR Gross margin

The average gross margin for NVR was 22.46% during the last 3 years. At present, the current gross margin for NVR is 19.4%, 3.1 percentage points below its three-year average. The gross margin for NVR moved between 19.4% in Sep 2026 and 24.3% in Mar 2024.

NVR Operating margin

Across the last 3 years, NVR recorded an average operating margin of 18.9%. NVR's current operating margin is 15.2% and is 3.7 percentage points below its three-year average. The highest operating margin for NVR was 20.9% in Jun 2024, while the lowest was 15.2% in Sep 2026.

NVR EBITDA margin

The average EBITDA margin for NVR was 19.29% over the last 3 years. At present, the current EBITDA margin for NVR is 15.7%, 3.6 percentage points below its three-year average. The EBITDA margin for NVR moved between 15.7% in Sep 2026 and 21.3% in Jun 2024.

NVR Net margin

In the last 3 years, NVR had an average net margin of 14.83%. Compared with its three-year average, NVR's current net margin is 11.5% and is 3.3 percentage points below its three-year average. Looking back over the last 3 years, NVR's net margin reached 17.3% at its highest point in Mar 2024 and 11.5% at its lowest in Sep 2026.

NVR margin group comparison

Margins compared with peer-group, industry and sector averages

NVR's gross margin of 19.4% is above its peers average but below the Consumer Cyclical sector and the industry average. Compared to its Consumer Cyclical sector average of 36.3%, NVR's gross margin is 47% lower.

NVR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is NVR's gross margin?

For the period ending Sep 30, 2026, NVR recorded a gross margin of 19.4%.

What is NVR's operating margin?

The current operating margin for NVR is 15.2% as of Sep 30, 2026.

What is NVR's EBITDA margin?

For the period ending Sep 30, 2026, NVR recorded an EBITDA margin of 15.7%.

What is NVR's net margin?

For the period ending Sep 30, 2026, NVR recorded a net margin of 11.5%.

What are the average margins of NVR?

Looking back over 3 years, NVR recorded average margins of 22.5% gross, 18.9% operating, 19.3% EBITDA, and 14.8% net.

What are the highest historical margins of NVR?

Looking back across 5 years, NVR reached 25.8% gross in Dec 2022, 22.1% operating in Dec 2022, 22.4% EBITDA in Dec 2022, and 17.3% net in Mar 2024.

What are the lowest historical margins of NVR?

Over this 5-year history, NVR's margins fell as low as 19.4% gross in Sep 2026, 15.2% operating in Sep 2026, 15.7% EBITDA in Sep 2026, and 11.5% net in Sep 2026.