NVR Inc - Company Profile
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NVR Inc (NVR) is a homebuilder. It constructs and sells condominium buildings, single-family detached homes and townhomes. The company develops and manages buildings on a pre-sold basis. NVR develops homes under the trade names Ryan Homes, NV Homes and Heartland Homes. The company also offers mortgage banking, settlement, and title services. It offers Ryan Homes to first-time and first-time move-up buyers, and Heartland Homes and NVHomes are offered to up-scale and move-up buyers. The company has operations in metropolitan areas in Maryland, Virginia, Washington, D.C., West Virginia, Pennsylvania, New York, North Carolina, South Carolina, Ohio, Florida, New Jersey, Delaware, Indiana, Illinois and Tennessee in the US. NVR is headquartered in Reston, Virginia, the US.
Headquarters
United States of America
Address
Suite 500, 11700 Plaza America Dr., Reston, Virginia, 20190
Website
www.nvrinc.com
Telephone
1 703 9564000
No of Employees
6,300
Industry
Construction
Ticker Symbol & Exchange
NVR (NYSE)
Revenue (2022)
$9.7B
-8.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-7.8%
(2022 vs 2021)
Market Cap*
$24.7B
Net Profit Margin (2022)
XYZ
0.7%
(2022 vs 2021)
* As of and is in US$
NVR Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Homebuilding | Mortgage Banking | Heartland Homes |
| Single-Family Detached Homes | Settlement and Title Services | Ryan Homes |
| Condominium Buildings | Nvhomes | |
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, NVR Ryan Homes signed an agreement with La Cite Development to add 180 units of single-family homes in West Baltimore, the US. |
| 2016 | Corporate Changes/Expansions | Montgomery Investment Management Inc reduced its stake in the company by 2.5%. |
| 2016 | Corporate Changes/Expansions | Pennant Capital Management LLC reduced its stake in NVR by 14.4%. |
Competitor Comparison
| Key Parameters | NVR Inc | D.R. Horton Inc | Lennar Corp | PulteGroup Inc | KB Home |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Reston | Arlington | Miami | Atlanta | Los Angeles |
| State/Province | Virginia | Texas | Florida | Georgia | California |
| No. of Employees | 6,300 | 13,450 | 12,284 | 6,382 | 2,205 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Paul C. Saville | Chairman | Executive Board | 2022 | 67 |
| Eugene J. Bredow | Chief Executive Officer; President | Senior Management | 2022 | 53 |
| Daniel D. Malzahn | Chief Financial Officer; Treasurer; Senior Vice President | Senior Management | 2016 | 53 |
| Matthew B. Kelpy | Vice President; Controller; Chief Accounting Officer | Senior Management | 2018 | 49 |
| David A. Preiser | Director | Non Executive Board | 1993 | 65 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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