NVR Tops Q2 Estimates as Orders Fall
(NYSE:NVR), a leading U.S. homebuilder operating under brands such as Ryan Homes, NVHomes, and Heartland Homes, released its financial results for the second quarter on July 23, 2025. The company reported GAAP revenue of $2.60 billion and diluted earnings per share of $108.54, both surpassing Wall Street’s expectations by 3.9% and 2.2%, respectively, on a GAAP basis. Despite the headline beat, bottom-line results and operational trends painted a mixed picture. Net income, new home orders, and profit margins all declined versus the year-ago period (GAAP). The quarter indicated resilient top-line performance, but flagged risks in future orders and margins.
Source: Analyst estimates for the quarter provided by FactSet.
NVR is one of America’s largest homebuilders, constructing single-family homes in 36 metropolitan markets across the Mid Atlantic, North East, Mid East, and South East regions. The company uses a unique approach to land acquisition, preferring to control lots through fixed-price agreements. This strategy helps the company avoid the risks associated with land ownership and development.
Source Fool.com
