Nvr (NVR) Operating Margin (2009 - 2026)
Nvr's Operating Margin was 14.38% in Q2 2026, down 2.93 percentage points from 17.30% a year earlier but up 1.11 percentage points from the prior quarter.
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Analysis
Nvr (NVR) Operating Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nvr's Operating Margin was 15.77% through Jun 30, 2026, down 2.66 percentage points year-over-year; for FY2025, it came in at 17.15%, down 2.57 percentage points from FY2024.
- Operating Margin shows a five-year change of +4.18 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 19.72% in FY2024 (+0.58 pp), 19.15% in FY2023 (-1.46 pp), 20.61% in FY2022 (+4.18 pp) and 16.43% in FY2021 (+3.46 pp).
- Quarterly Operating Margin has moved between 13.27% (Q1 2026) and 22.27% (Q1 2022) over five years.
- Compared with a year earlier, Operating Margin has declined for six straight quarters, with an average year-over-year change of -1.97 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q1 2022 (a gain of 9.22 percentage points); the worst was Q1 2026 (a drop of 3.48 percentage points).
- Per Business Quant data, NVR's Operating Margin in the three quarters before Q2 2026 was 13.27% (Q1 2026), 17.45% (Q4 2025) and 17.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 39.14 Bn | 30.03 Bn | 2.15 Bn | 12.52% |
| 2 | Pultegroup | 22.34 Bn | 15.63 Bn | 1.06 Bn | 16.95% |
| 3 | Lennar | 17.27 Bn | 6.70 Bn | 807.31 Mn | -84.82% |
| 4 | Nvr | 16.72 Bn | 10.01 Bn | 485.14 Mn | 14.38% |
| 5 | Toll Brothers | 12.58 Bn | 7.96 Bn | 625.22 Mn | 13.51% |
| 6 | Taylor Morrison Home | 6.77 Bn | 4.76 Bn | 290.64 Mn | 16.70% |
| 7 | Champion Homes | 4.80 Bn | 2.28 Bn | - | - |
| 8 | Cavco Industries | 4.31 Bn | 3.07 Bn | - | - |
| 9 | Meritage Homes | 4.24 Bn | 1.16 Bn | 513.60 Mn | 16.42% |
| 10 | M | 3.48 Bn | 550.71 Mn | 235.50 Mn | -68.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.38% |
| Mar 31, 2026 | 13.27% |
| Dec 31, 2025 | 17.45% |
| Sep 30, 2025 | 17.07% |
| Jun 30, 2025 | 17.30% |
| Mar 31, 2025 | 16.75% |
| Dec 31, 2024 | 19.86% |
| Sep 30, 2024 | 19.47% |
| Jun 30, 2024 | 20.04% |
| Mar 31, 2024 | 19.21% |
| Dec 31, 2023 | 18.95% |
| Sep 30, 2023 | 19.75% |
| Jun 30, 2023 | 18.87% |
| Mar 31, 2023 | 18.95% |
| Dec 31, 2022 | 20.46% |
| Sep 30, 2022 | 19.01% |
| Jun 30, 2022 | 20.94% |
| Mar 31, 2022 | 22.27% |
| Dec 31, 2021 | 18.15% |
| Sep 30, 2021 | 17.03% |
API Access
Nvr Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NVR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NVR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NVR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();