NVR, Inc. (NVR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
11700 PLAZA AMERICA DR. RESTON, VA 20190 |
| State of Incorp. | VA |
| Fiscal Year End | December 31 |
| Industry (SIC) | 1531 - Operative Builders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 2,810 | 732 | 668 | ||||||
| Cash and cash equivalents | 2,810 | 732 | 668 | ||||||
| Total current assets: | 2,810 | 732 | 668 | ||||||
| Noncurrent Assets | |||||||||
| Finance lease, right-of-use asset, after accumulated amortization | ✕ | ✕ | |||||||
| Inventory, real estate | 28 | 13 | 64 | 73 | 43 | 40 | |||
| Long-term investments and receivables | 27 | 20 | 24 | 27 | 29 | 46 | |||
| Long-term investments | 27 | 20 | 24 | 27 | 29 | 46 | |||
| Total noncurrent assets: | 55 | 33 | 87 | 99 | 72 | 85 | |||
| Other undisclosed assets | 5,606 | 5,801 | 2,880 | 3,710 | 2,361 | 2,236 | |||
| TOTAL ASSETS: | 5,661 | 5,834 | 5,777 | 3,810 | 3,166 | 2,989 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 2,154 | 2,832 | 2,674 | 1,469 | 1,357 | 1,384 | |||
| Total liabilities: | 2,154 | 2,832 | 2,674 | 1,469 | 1,357 | 1,384 | |||
| Equity | |||||||||
| Equity, attributable to parent | 3,507 | 3,002 | 3,103 | 2,341 | 1,809 | 1,605 | |||
| Common stock | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Treasury stock, value | (10,867) | (9,424) | (7,923) | (7,624) | (7,043) | (6,271) | |||
| Additional paid in capital | 2,600 | 2,378 | 2,214 | 2,055 | 1,820 | 1,644 | |||
| Retained earnings | 11,773 | 10,048 | 8,811 | 7,910 | 7,031 | 6,232 | |||
| Total equity: | 3,507 | 3,002 | 3,103 | 2,341 | 1,809 | 1,605 | |||
| TOTAL LIABILITIES AND EQUITY: | 5,661 | 5,834 | 5,777 | 3,810 | 3,166 | 2,989 | |||
Income Statement (P&L) ($ in millions)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 10,526 | 8,951 | 7,537 | 7,389 | 7,164 | 6,306 | ||
| Cost of revenue | (3) | (3) | (3) | (4) | (3) | (3) | ||
| Provision for loan, lease, and other losses | (3) | (3) | (3) | (4) | (3) | ✕ | ||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | (3) | |
| Other undisclosed gross profit | ||||||||
| Gross profit: | 10,524 | 8,948 | 7,534 | 7,384 | 7,160 | 6,303 | ||
| Operating income: | 10,524 | 8,948 | 7,534 | 7,384 | 7,160 | 6,303 | ||
| Interest and debt expense | (40) | (53) | (41) | (25) | (25) | (24) | ||
| Income from continuing operations before income taxes: | 10,484 | 8,895 | 7,493 | 7,359 | 7,135 | 6,279 | ||
| Income tax expense | (528) | (354) | (177) | (147) | (163) | (309) | ||
| Income from continuing operations: | 9,957 | 8,542 | 7,316 | 7,212 | 6,973 | 5,969 | ||
| Income before gain (loss) on sale of properties: | ✕ | 8,542 | 7,316 | 7,212 | 6,973 | 5,969 | ||
| Net income: | 9,957 | 8,542 | 7,316 | 7,212 | 6,973 | 5,969 | ||
| Other undisclosed net loss attributable to parent | (8,231) | (7,305) | (6,415) | (6,333) | (6,176) | (5,432) | ||
| Net income available to common stockholders, diluted: | 1,726 | 1,237 | 901 | 879 | 797 | 538 | ||
Comprehensive Income ($ in millions)
| 6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 9,957 | 8,542 | 7,316 | 7,212 | 6,973 | 5,969 | ||
| Comprehensive income, net of tax, attributable to parent: | 9,957 | 8,542 | 7,316 | 7,212 | 6,973 | 5,969 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.