Nvr (NVR) Gross Margin (2009 - 2026)
Nvr's (NVR) quarterly Gross Margin came in at 69.49% in Q1 2026, up 4586.0% year-on-year from 1.48% in Q1 2025, and up 15.32% quarter-over-quarter from 60.25% in Q4 2025.
Nvr (NVR) Gross Margin (2009 - 2026) Analysis & Trends
Nvr's Gross Margin history runs 18 years deep, the most recent figure standing at 69.49% for Q1 2026.
- On a quarterly basis, Gross Margin rose 4586.0% year-over-year to 69.49% in Q1 2026; TTM through Mar 2026 was 58.68%, a 1069.0% decrease from a year earlier, with the FY2025 full-year figure at 79.07%, up 4.0% from the prior year.
- Gross Margin advanced to 69.49% in Q1 2026 per NVR's latest filing, from 60.25% in the prior quarter.
- Across five years, Gross Margin topped out at 240.4% in Q4 2023 and bottomed at 23.04% in Q2 2025.
- The 5-year median for Gross Margin is 60.25% (2025), against an average of 69.28%.
- Across the five-year window, Gross Margin soared 15428 bps in 2022 and sank 16318 bps in 2024, its largest moves.
- Year by year, Gross Margin stood at 180.48% in 2022, then soared by 33 bps to 240.4% in 2023, then tumbled by 68 bps to 77.22% in 2024, then retreated by 22 bps to 60.25% in 2025, then gained by 15 bps to 69.49% in 2026.
- Per Business Quant, the three latest NVR Gross Margin figures stand at 69.49% (Q1 2026), 60.25% (Q4 2025), and 84.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 98.48% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 6.19% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 26.22% |
| 10 | M | 4.43 Bn | 3.66 Bn | 202.59 Mn | 22.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.49% |
| Dec 31, 2025 | 60.25% |
| Sep 30, 2025 | 84.73% |
| Jun 30, 2025 | 23.04% |
| Mar 31, 2025 | 23.62% |
| Dec 31, 2024 | 77.22% |
| Sep 30, 2024 | 91.87% |
| Jun 30, 2024 | 79.37% |
| Mar 31, 2024 | 86.18% |
| Dec 31, 2023 | 240.40% |
| Sep 30, 2023 | 25.96% |
| Jun 30, 2023 | 26.09% |
| Mar 31, 2023 | 26.18% |
| Dec 31, 2022 | 180.48% |
| Sep 30, 2022 | 24.65% |
| Jun 30, 2022 | 27.61% |
| Mar 31, 2022 | 30.57% |
| Dec 31, 2021 | 26.20% |
| Sep 30, 2021 | 24.11% |
| Jun 30, 2021 | 24.61% |