NVR (NVR) Gross Profit: $2,113 Mil (TTM As of Mar. 2026)

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NVR NVR Inc NVR
88 GF Score
Price $6,365.78
GF Value $7,462.51
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NVR Gross Profit?

NVR NVR +1.57% 88 Gross Profit is $2,113 Mil as of Mar. 2026. GuruFocus rates NVR with a GF Score™ of 88/100 and a GF Value™ of $7,462.51 (Modestly Undervalued). The stock has 1 warning sign investors should review.

NVR's gross profit for the three months ended in Mar. 2026 was $410 Mil. NVR's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $2,113 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NVR's gross profit for the three months ended in Mar. 2026 was $410 Mil. NVR's Revenue for the three months ended in Mar. 2026 was $1,885 Mil. Therefore, NVR's Gross Margin % for the quarter that ended in Mar. 2026 was 21.76%.

NVR had a gross margin of 21.76% for the quarter that ended in Mar. 2026 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of NVR was 27.29%. The lowest was 19.25%. And the median was 22.21%.


NVR  (NYSE:NVR) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

NVR had a gross margin of 21.76% for the quarter that ended in Mar. 2026 => Competition eroding margins


NVR Gross Profit Related Terms


NVR Gross Profit Historical Data

* Premium members only.

The historical data trend for NVR's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NVR Gross Profit Chart

NVR Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,196.64 2,876.02 2,483.69 2,693.02 2,388.44

NVR Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 603.32 592.99 620.67 410.15 489.12

NVR vs LEN, TOL, PHM: Gross Profit Comparison

For the Residential Construction subindustry, NVR's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NVR Gross Profit vs Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Gross Profit distribution charts can be found below:

* The bar in red indicates where NVR's Gross Profit falls into.


NVR
88GF Score
NVR Inc NVR
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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NVR Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

NVR's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=10341.845 - 7953.401
=2,388

NVR's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=1884.692 - 1474.539
=410

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,113 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

NVR's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=410 / 1884.692
=21.76 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of $2,113 Mil mean?
NVR (NVR) has a Gross Profit of $2,113 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on NVR and its competitors.
Is NVR's Gross Profit too high?
NVR's current Gross Profit is $2,113 Mil. Overall, NVR has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NVR's Gross Profit compare to LEN and TOL?
NVR's Gross Profit of $2,113 Mil can be compared against companies in the Homebuilding & Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Homebuilding & Construction company?
A good Gross Profit depends on the Homebuilding & Construction industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on NVR and its competitors. NVR's current Gross Profit is $2,113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NVR stock overvalued right now?
Based on GuruFocus' analysis, NVR (NVR) is currently considered Modestly Undervalued. The stock's GF Value™ is $7,462.51, compared to a current price of $6,365.78 — trading 14.7% below its estimated fair value. The current Gross Profit is $2,113 Mil. NVR's overall GF Score™ is 88/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For NVR (NVR), the current Gross Profit is $2,113 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NVR (NVR) Overvalued in 2026?

Based on GuruFocus' analysis, NVR stock appears to be undervalued. The current stock price of $6,365.78 is trading 14.7% below its estimated GF Value™ of $7,462.51. GuruFocus considers NVR to be Modestly Undervalued.

Key valuation signals for NVR:

  • Gross Profit: $2,113 Mil
  • GF Value™: $7,462.51 vs. price of $6,365.78 (14.7% below fair value)
  • GF Score™: 88/100 with 1 warning sign

No single metric tells the full story. See the NVR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NVR Business Description

Other Exchanges N1VR34:Brazil
Address 11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190
NVR Inc is engaged in the construction and sale of residential properties, including single-family detached homes, townhomes, and condominium buildings, all of which are built on a pre-sold basis. Additionally, the company provides related services through its mortgage banking and title services businesses. Its business segments are Homebuilding and Mortgage Banking. Its geographical segments include the Mid Atlantic, the North East, the Mid East, and the South East regions of America. The majority of the company's revenue is derived from the Homebuilding Mid Atlantic segment, which includes homebuilding operations that construct and sell single-family detached homes, townhomes and condominiums in Maryland, Virginia, West Virginia, Delaware and Washington, D.C. regions.
88GF Score

Get the complete analysis for NVR

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$6,365.78
Price
$7,462.51
GF Value