NVR's Q4 revenue, profit fall on higher lot costs and pricing pressure

Reuters

01/28

NVR's Q4 revenue, profit fall on higher lot costs and pricing pressure

Overview

Homebuilder's Q4 revenue decreased 5% yr/yr, with net income down 20%
Average sales price of new orders in Q4 2025 decreased by 3%
Mortgage banking income for Q4 rose 24% due to increased secondary marketing gains

Result Drivers

HIGHER LOT COSTS - Gross profit margin decreased due to higher lot costs and pricing pressure
NEW ORDERS INCREASE - New orders in Q4 2025 increased by 3% to 4,951 units
MORTGAGE BANKING GAINS - Mortgage banking income rose 24% due to increased secondary marketing gains

Key Details

Metric	Beat/Miss	Actual	Consensus Estimate
Q4 Homebuilding Revenues		$2.64 bln
Q4 EPS		$121.54
Q4 Net Income		$363.82 mln

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the homebuilding peer group is "buy."
Wall Street's median 12-month price target for NVR Inc is $8,275.00, about 10.3% above its January 27 closing price of $7,499.76
The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nPn4C6WBza

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. 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For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.</p><p>(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4559","symbol_name":"巴菲特持仓","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260128:nL1N3YT0P5:1","article_id":"2606712979","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2606712979","pubTimestamp":1769609299,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"NVR's Q4 revenue, profit fall on higher lot costs and pricing pressureOverviewHomebuilder's Q4 revenue decreased 5% yr/yr, with net income down 20%Average sales price of new orders in Q4 2025 decrease","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4559":"巴菲特持仓","LU2506952097.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) ACC","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4088":"住宅建筑","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU2506951875.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) ACC","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","NVR":"NVR Inc","LU0950375773.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","LU0823417653.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) ACC","LU2506951958.HKD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (HKDHDG) INC"},"translate_title":"NVR第四季度收入和利润因批次成本上升和定价压力而下降","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVR":0.9},"content_text":"NVR's Q4 revenue, profit fall on higher lot costs and pricing pressureOverviewHomebuilder's Q4 revenue decreased 5% yr/yr, with net income down 20%Average sales price of new orders in Q4 2025 decreased by 3%Mortgage banking income for Q4 rose 24% due to increased secondary marketing gainsResult DriversHIGHER LOT COSTS - Gross profit margin decreased due to higher lot costs and pricing pressureNEW ORDERS INCREASE - New orders in Q4 2025 increased by 3% to 4,951 unitsMORTGAGE BANKING GAINS - Mortgage banking income rose 24% due to increased secondary marketing gainsKey DetailsMetricBeat/MissActualConsensus EstimateQ4 Homebuilding Revenues$2.64 blnQ4 EPS$121.54Q4 Net Income$363.82 mlnAnalyst CoverageThe current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is 2 \"strong buy\" or \"buy\", 4 \"hold\" and 1 \"sell\" or \"strong sell\"The average consensus recommendation for the homebuilding peer group is \"buy.\"Wall Street's median 12-month price target for NVR Inc is $8,275.00, about 10.3% above its January 27 closing price of $7,499.76The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months agoPress Release: ID:nPn4C6WBzaFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}