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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 29
Relative Valuation: Rel. Valuation: 69
Relative Profitability: Rel. Profitability: 62
Gross margin
20.2%
Operating margin
16.1%
EBITDA margin
16.5%
Net margin
12.3%

Currently, NVR has a gross margin of 20.2%, an operating margin of 16.1%, an EBITDA margin of 16.5%, and a net margin of 12.3%. Each available margin declined from the same period last year. Operating margin recorded the strongest contraction, decreasing by 2.9 percentage points.

NVR margin history

Gross, operating, EBITDA and net margin trends

NVR's margins averaged 22.74% gross, 19.24% operating, 19.62% EBITDA, and 15.14% 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 and EBITDA margins, which fell by 2.9 percentage points. The other available margins also declined.

Gross margin expansion
-2.4pp
Operating margin expansion
-2.9pp
EBITDA margin expansion
-2.9pp
Net margin expansion
-2.4pp

NVR Gross margin

The average gross margin for NVR was 22.74% during the last 3 years. At present, the current gross margin for NVR is 20.2%, 2.5 percentage points below its three-year average. The gross margin for NVR moved between 20.2% in Jun 2026 and 24.3% in Mar 2024.

NVR Operating margin

Across the last 3 years, NVR recorded an average operating margin of 19.24%. NVR's current operating margin is 16.1% and is 3.1 percentage points below its three-year average. The highest operating margin for NVR was 20.9% in Jun 2024, while the lowest was 16.1% in Jun 2026.

NVR EBITDA margin

The average EBITDA margin for NVR was 19.62% over the last 3 years. At present, the current EBITDA margin for NVR is 16.5%, 3.1 percentage points below its three-year average. The EBITDA margin for NVR moved between 16.5% in Jun 2026 and 21.3% in Jun 2024.

NVR Net margin

In the last 3 years, NVR had an average net margin of 15.14%. Compared with its three-year average, NVR's current net margin is 12.3% and is 2.8 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 12.3% at its lowest in Jun 2026.

NVR margin group comparison

Margins compared with peer-group, industry and sector averages

NVR's gross margin of 20.2% 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 44% lower.

NVR margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is NVR's gross margin?

For the period ending Jun 30, 2026, NVR recorded a gross margin of 20.2%.

What is NVR's operating margin?

The current operating margin for NVR is 16.1% as of Jun 30, 2026.

What is NVR's EBITDA margin?

For the period ending Jun 30, 2026, NVR recorded an EBITDA margin of 16.5%.

What is NVR's net margin?

For the period ending Jun 30, 2026, NVR recorded a net margin of 12.3%.

What are the average margins of NVR?

Looking back over 3 years, NVR recorded average margins of 22.7% gross, 19.2% operating, 19.6% EBITDA, and 15.1% 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 20.2% gross in Jun 2026, 16.1% operating in Jun 2026, 16.5% EBITDA in Jun 2026, and 12.3% net in Jun 2026.