NVR, Inc.

NVRNYSEConsumer Cyclical● Active

$6,182.55

+$5.28(+0.09%)

Market Cap$16.7B

P/E Ratio—

52W High$8618.28

52W Low$5501.01

Avg Volume26K

Open$6,155.95

Beta0.92

Free Cash Flow Financials Revenue

NVR, Inc. (NVR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

NVR · free cash flow · updated Jun 8, 2026

Core FCF metrics

NVR · FCF · TTM · margin & CAGR

Free cash flow was $1.10B for FY2025 (fiscal year ending 2025-12-31), down 18.5% year-over-year The FCF margin was 10.6%. Five-year CAGR stands at +3.8%.

FY2025 Free Cash Flow$1.10B▼ -18.5% YoY

Trailing 12M (TTM)$1.23Btrailing 4 quarters sum

FCF Margin10.6%$1.10B ÷ revenue

3-Year CAGR-16.0%FY2022 → FY2025

5-Year CAGR+3.8%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

NVR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$1.12B(25M)$1.10B▼ 18.5%10.6%

FY2024$1.37B(29M)$1.35B▼ 8.7%12.8%

FY2023$1.50B(25M)$1.47B▼ 20.4%15.4%

FY2022$1.87B(18M)$1.85B▲ +51.2%17.6%

FY2021$1.24B(18M)$1.22B▲ +34.7%13.7%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

NVR · P/FCF · FCF yield · FCF per share

NVR, Inc. (NVR) trades at a FCF yield of 7.38% and a price-to-free-cash-flow ratio of 14.6x. FCF per share stands at $424.45, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

7.38%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$424.45

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x13.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

NVR · cash flow statement · operating / investing / financing

For FY2025, NVR, Inc. generated $1.12B in operating cash flow and spent 25M in capital expenditures, yielding $1.10B in free cash flow.

Operating Activities

+$1.12B

Cash from core business operations

2025-12-31

Investing Activities

−$71.2M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$1.76B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($1.12B) − |CapEx| (25M) = FCF ($1.10B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

NVR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

NVR, Inc.YOU

NVR

$1.10B-18.5%10.6%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

NVR, Inc. (NVR) reported free cash flow of $1.10B for FY2025 (fiscal year ending 2025-12-31), down 18.5% year-over-year. The FCF margin was 10.6%.

Based on available data, NVR, Inc. has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $1.85B in FY2022. The 5-year CAGR stands at +3.8%.

NVR, Inc.'s FCF yield is 7.38% and price-to-FCF ratio is 14.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

NVR free cash flow · 8 questions

NVR, Inc. free cash flow was $1.10B for FY2025, down 18.5% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $1.23B.

NVR free cash flowNVR FCFNVR FCF 2025NVR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · NVR, Inc. · NVR, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026