$NVR
NVR INC Stock $nvr

$nvr Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000090616321000056 Filed on May 04, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$2.041B	$1.583B
YoY Change	29.0%	-6.19%
Cost Of Revenue	$1.578B	$1.295B
YoY Change	21.84%	-3.29%
Gross Profit	$468.5M	$296.2M
YoY Change	58.17%	-17.1%
Gross Profit Margin	22.95%	18.72%
Selling, General & Admin	$143.1M	$128.4M
YoY Change	11.45%	-3.09%
% of Gross Profit	30.54%	43.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.203M	$5.622M
YoY Change	-7.45%	11.06%
% of Gross Profit	1.11%	1.9%
Operating Expenses	$143.0M	$128.4M
YoY Change	11.37%	-3.09%
Operating Profit	$325.5M	$167.8M
YoY Change	93.98%	-25.36%
Interest Expense	$13.40M	$6.486M
YoY Change	106.55%	4.36%
% of Operating Profit	4.12%	3.87%
Other Income/Expense, Net
YoY Change
Pretax Income	$312.0M	$161.4M
YoY Change	93.34%	-26.18%
Income Tax	$63.24M	-$14.33M
% Of Pretax Income	20.27%	-8.88%
Net Earnings	$248.8M	$175.7M
YoY Change	41.58%	-6.74%
Net Earnings / Revenue	12.19%	11.1%
Basic Earnings Per Share	$67.72	$47.97
Diluted Earnings Per Share	$63.21	$44.96
COMMON SHARES
Basic Shares Outstanding	3.673M shares	3.663M shares
Diluted Shares Outstanding	3.935M shares	3.908M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.774B	$1.092B
YoY Change	154.05%	33.74%
Cash & Equivalents	$2.815B	$1.118B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.830B	$1.516B
Prepaid Expenses
Receivables	$22.10M	$27.10M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$4.626B	$2.635B
YoY Change	75.58%	23.8%
LONG-TERM ASSETS
Property, Plant & Equipment	$123.0M	$132.1M
YoY Change	-6.89%	3.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$25.90M	$27.80M
YoY Change	-6.83%	-10.61%
Other Assets	$40.10M	$26.00M
YoY Change	54.23%	8.79%
Total Long-Term Assets	$1.195B	$1.253B
YoY Change	-4.64%	1.48%
TOTAL ASSETS
Total Short-Term Assets	$4.626B	$2.635B
Total Long-Term Assets	$1.195B	$1.253B
Total Assets	$5.821B	$3.888B
YoY Change	49.73%	15.6%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$414.2M	$367.2M
YoY Change	12.8%	12.5%
Accrued Expenses	$528.5M	$357.8M
YoY Change	47.71%	-9.9%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.257B	$872.2M
YoY Change	44.14%	0.7%
LONG-TERM LIABILITIES
Long-Term Debt	$1.517B	$598.5M
YoY Change	153.48%	0.12%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.517B	$598.5M
YoY Change	153.48%	0.12%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.257B	$872.2M
Total Long-Term Liabilities	$1.517B	$598.5M
Total Liabilities	$2.774B	$1.471B
YoY Change	88.65%	0.45%
SHAREHOLDERS EQUITY
Retained Earnings	$9.060B	$8.086B
YoY Change	12.05%	11.99%
Common Stock	$2.272B	$2.128B
YoY Change	6.8%	12.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$8.286B	$7.796B
YoY Change	6.28%	7.98%
Treasury Stock Shares	16.92M shares	16.88M shares
Shareholders Equity	$3.047B	$2.417B
YoY Change
Total Liabilities & Shareholders Equity	$5.821B	$3.888B
YoY Change	49.73%	15.6%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$248.8M	$175.7M
YoY Change	41.58%	-6.74%
Depreciation, Depletion And Amortization	$5.203M	$5.622M
YoY Change	-7.45%	11.06%
Cash From Operating Activities	$328.3M	$68.44M
YoY Change	379.62%	-69.96%
INVESTING ACTIVITIES
Capital Expenditures	$3.104M	$3.510M
YoY Change	-11.57%	-33.59%
Acquisitions
YoY Change
Other Investing Activities	-$300.0K	$300.0K
YoY Change	-200.0%	-91.18%
Cash From Investing Activities	-$3.394M	-$3.258M
YoY Change	4.17%	73.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$377.4M	$216.6M
YoY Change	74.26%	0.04%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$320.1M	-$107.7M
YoY Change	197.19%	-8.34%
NET CHANGE
Cash From Operating Activities	$328.3M	$68.44M
Cash From Investing Activities	-$3.394M	-$3.258M
Cash From Financing Activities	-$320.1M	-$107.7M
Net Change In Cash	$4.735M	-$42.54M
YoY Change	-111.13%	-139.22%
FREE CASH FLOW
Cash From Operating Activities	$328.3M	$68.44M
Capital Expenditures	$3.104M	$3.510M
Free Cash Flow	$325.2M	$64.93M
YoY Change	400.77%	-70.83%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000906163
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	1-12378
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	NVR, Inc.
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	VA
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	54-1394360
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	11700 Plaza America Drive
CY2021Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 500
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Reston
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	20190
CY2021Q1	dei	City Area Code CityAreaCode	703
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	956-4000
CY2021Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.01 per share
CY2021Q1	dei	Trading Symbol TradingSymbol	NVR
CY2021Q1	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3636606	shares
CY2021Q1	us-gaap	Assets Assets	5820808000	USD
CY2020Q4	us-gaap	Assets Assets	5777141000	USD
CY2021Q1	us-gaap	Liabilities Liabilities	2774301000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	2674067000	USD
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60000000	shares
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20555330	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20555330	shares
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	206000	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	206000	USD
CY2021Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2272006000	USD
CY2020Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	2214426000	USD
CY2021Q1	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	106697	shares
CY2020Q4	us-gaap	Common Stock Shares Held In Employee Trust Shares CommonStockSharesHeldInEmployeeTrustShares	106697	shares
CY2021Q1	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	16710000	USD
CY2020Q4	us-gaap	Common Stock Shares Held In Employee Trust CommonStockSharesHeldInEmployeeTrust	16710000	USD
CY2021Q1	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	16710000	USD
CY2020Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	16710000	USD
CY2021Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	9059882000	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8811120000	USD
CY2021Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	16915721	shares
CY2020Q4	us-gaap	Treasury Stock Shares TreasuryStockShares	16859753	shares
CY2021Q1	us-gaap	Treasury Stock Value TreasuryStockValue	8285587000	USD
CY2020Q4	us-gaap	Treasury Stock Value TreasuryStockValue	7922678000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	3046507000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	3103074000	USD
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5820808000	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5777141000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	312006000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	161375000	USD
CY2021Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	63244000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-14328000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	248762000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	175703000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	67.72
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	47.97
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	63.21
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	44.96
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3673000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3663000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3935000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3908000	shares
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	248762000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	175703000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5203000	USD
CY2020Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5622000	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	14471000	USD
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	7492000	USD
CY2021Q1	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	-6183000	USD
CY2020Q1	nvr	Contract Land Deposit Impairment Recoveries ContractLandDepositImpairmentRecoveries	36336000	USD
CY2021Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	67550000	USD
CY2020Q1	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	18400000	USD
CY2021Q1	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1413988000	USD
CY2020Q1	us-gaap	Payments For Origination Of Mortgage Loans Held For Sale PaymentsForOriginationOfMortgageLoansHeldForSale	1133283000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1583701000	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Mortgage Loans Held For Sale ProceedsFromSaleOfMortgageLoansHeldForSale	1228025000	USD
CY2021Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	120710000	USD
CY2020Q1	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	168352000	USD
CY2021Q1	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	3092000	USD
CY2020Q1	us-gaap	Increase Decrease In Deposits Outstanding IncreaseDecreaseInDepositsOutstanding	-8259000	USD
CY2021Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	4243000	USD
CY2020Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	33190000	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	33618000	USD
CY2020Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-39438000	USD
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	73695000	USD
CY2020Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	15275000	USD
CY2021Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-15426000	USD
CY2020Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-15608000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	328258000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	68441000	USD
CY2021Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	659000	USD
CY2020Q1	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture	0	USD
CY2021Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3104000	USD
CY2020Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3510000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	369000	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	252000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3394000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3258000	USD
CY2021Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	377425000	USD
CY2020Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	216582000	USD
CY2021Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	329000	USD
CY2020Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	200000	USD
CY2021Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	57625000	USD
CY2020Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	109062000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-320129000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-107720000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	4735000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-42537000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2809782000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1160804000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2814517000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1118267000	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	12614000	USD
CY2020Q1	us-gaap	Interest Paid Net InterestPaidNet	12174000	USD
CY2021Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2635000	USD
CY2020Q1	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2438000	USD
CY2021Q1	nvr	Contract Land Deposit Reserve Adjustment ContractLandDepositReserveAdjustment	-6200000	USD
CY2020Q1	nvr	Net Contract Land Deposit Impairment Recoveries NetContractLandDepositImpairmentRecoveries	36400000	USD
CY2021Q1	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	46008000	USD
CY2020Q4	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	52205000	USD
CY2021Q1	nvr	Contract Land Deposits ContractLandDeposits	442911000	USD
CY2020Q4	nvr	Contract Land Deposits ContractLandDeposits	439833000	USD
CY2021Q1	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	46008000	USD
CY2020Q4	nvr	Loss Reserve On Contract Land Deposits LossReserveOnContractLandDeposits	52205000	USD
CY2021Q1	us-gaap	Deposits Assets DepositsAssets	396903000	USD
CY2020Q4	us-gaap	Deposits Assets DepositsAssets	387628000	USD
CY2021Q1	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	7414000	USD
CY2020Q4	nvr	Letters Of Credit Related To Lots LettersOfCreditRelatedToLots	8249000	USD
CY2021Q1	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	404317000	USD
CY2020Q4	us-gaap	Guarantee Obligations Maximum Exposure GuaranteeObligationsMaximumExposure	395877000	USD
CY2021Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	25900000	USD
CY2021Q1	nvr	Number Of Joint Ventures NumberOfJointVentures	4	joint_venture
CY2021Q1	nvr	Expected Production Of Finished Lots From Joint Ventures ExpectedProductionOfFinishedLotsFromJointVentures	5050	lot
CY2021Q1	nvr	Joint Venture Lots Controlled By Company JointVentureLotsControlledByCompany	2100	lot
CY2021Q1	nvr	Joint Venture Lots Either Under Contract With Unrelated Parties Or Not Under Contract JointVentureLotsEitherUnderContractWithUnrelatedPartiesOrNotUnderContract	2950	lot
CY2021Q1	nvr	Aggregate Additional Funding Commitments AggregateAdditionalFundingCommitments	3100000	USD
CY2021Q1	nvr	Number Of Joint Ventures Company Is Not Primary Beneficiary NumberOfJointVenturesCompanyIsNotPrimaryBeneficiary	3	joint_venture
CY2021Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	13422000	USD
CY2020Q1	us-gaap	Interest Costs Incurred InterestCostsIncurred	6635000	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	13397000	USD
CY2020Q1	us-gaap	Interest Expense InterestExpense	6486000	USD
CY2021Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	221000	USD
CY2020Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs Cost Of Sales1 RealEstateInventoryCapitalizedInterestCostsCostOfSales1	614000	USD
CY2021Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	829000	USD
CY2020Q1	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3034000	USD
CY2021Q1	nvr	Number Of Raw Parcels Of Land Owned NumberOfRawParcelsOfLandOwned	3	parcel
CY2021Q1	us-gaap	Inventory Real Estate Land And Land Development Costs InventoryRealEstateLandAndLandDevelopmentCosts	63153000	USD
CY2021Q1	nvr	Number Of Finished Lots Expected To Be Developed From Raw Parcels Of Land NumberOfFinishedLotsExpectedToBeDevelopedFromRawParcelsOfLand	500	lot
CY2021Q1	nvr	Aggregate Additional Funding Commitments Related To Raw Land Property Development AggregateAdditionalFundingCommitmentsRelatedToRawLandPropertyDevelopment	5100000	USD
CY2021Q1	nvr	Expected Development Credit ExpectedDevelopmentCredit	2800000	USD
CY2020Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	1025000	USD
CY2019Q4	us-gaap	Real Estate Inventory Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts	3499000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3673000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3663000	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	262000	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	245000	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3935000	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3908000	shares
CY2021Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	23000	shares
CY2020Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	26000	shares
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	3103074000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	248762000	USD
CY2021Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	377425000	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	14471000	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	57625000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	3046507000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	2341244000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	175703000	USD
CY2020Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	216582000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	7492000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	109062000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	2416919000	USD
CY2021Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	87000	shares
CY2020Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	58000	shares
CY2021Q1	nvr	Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther	31000	shares
CY2020Q1	nvr	Stock Issued During Period Shares Treasury Stock Reissued Upon Exercise Of Stock Option And Other StockIssuedDuringPeriodSharesTreasuryStockReissuedUponExerciseOfStockOptionAndOther	99000	shares
CY2020Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	119638000	USD
CY2019Q4	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	108053000	USD
CY2021Q1	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	22329000	USD
CY2020Q1	nvr	Costs Accrued For New Warranty Contracts And Changes In Estimates For Pre Existing Warranties CostsAccruedForNewWarrantyContractsAndChangesInEstimatesForPreExistingWarranties	12421000	USD
CY2021Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	17131000	USD
CY2020Q1	us-gaap	Product Warranty Accrual Payments ProductWarrantyAccrualPayments	13442000	USD
CY2021Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	124836000	USD
CY2020Q1	us-gaap	Product Warranty Accrual ProductWarrantyAccrual	107032000	USD
CY2021Q1	us-gaap	Revenues Revenues	2041446000	USD
CY2020Q1	us-gaap	Revenues Revenues	1582528000	USD
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	312006000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Domestic IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic	161375000	USD
CY2020Q1	nvr	Equity Based Compensation Reversal Due To Forfeited Stock Options EquityBasedCompensationReversalDueToForfeitedStockOptions	7200000	USD
CY2021Q1	us-gaap	Assets Assets	5820808000	USD
CY2020Q4	us-gaap	Assets Assets	5777141000	USD
CY2021Q1	nvr	Fair Value Measurement Assumed Gain Loss From Loan Sale FairValueMeasurementAssumedGainLossFromLoanSale	8712000	USD
CY2021Q1	nvr	Fair Value Measurements Interest Rate Movement Effect FairValueMeasurementsInterestRateMovementEffect	-14907000	USD
CY2021Q1	nvr	Fair Value Measurements Changes In Servicing Rights Value FairValueMeasurementsChangesInServicingRightsValue	11863000	USD
CY2021Q1	nvr	Fair Value Measurements Security Price Change Gain Loss Included In Earnings FairValueMeasurementsSecurityPriceChangeGainLossIncludedInEarnings	10463000	USD
CY2021Q1	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	16131000	USD
CY2020	us-gaap	Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet	15583000	USD
CY2021Q1	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	15419000	USD
CY2021Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	15933000	USD
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	15772000	USD
CY2020Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	16173000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P19Y4M24D
CY2021Q1	us-gaap	Lessee Operating Lease Option To Extend LesseeOperatingLeaseOptionToExtend	20
CY2021Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	7577000	USD
CY2020Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	7911000	USD
CY2021Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	443000	USD
CY2020Q1	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	266000	USD
CY2021Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	110000	USD
CY2020Q1	us-gaap	Finance Lease Interest Expense FinanceLeaseInterestExpense	49000	USD
CY2021Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	5890000	USD
CY2020Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	6426000	USD
CY2021Q1	us-gaap	Lease Cost LeaseCost	14020000	USD
CY2020Q1	us-gaap	Lease Cost LeaseCost	14652000	USD
CY2021Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	6810000	USD
CY2020Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	6718000	USD
CY2021Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	110000	USD
CY2020Q1	us-gaap	Finance Lease Interest Payment On Liability FinanceLeaseInterestPaymentOnLiability	49000	USD
CY2020Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.089
CY2021Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	329000	USD
CY2020Q1	us-gaap	Finance Lease Principal Payments FinanceLeasePrincipalPayments	200000	USD
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3013000	USD
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	3784000	USD
CY2021Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	89000	USD
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	440000	USD
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y7M6D
CY2020Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y8M12D
CY2021Q1	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P12Y3M18D
CY2020Q4	us-gaap	Finance Lease Weighted Average Remaining Lease Term1 FinanceLeaseWeightedAverageRemainingLeaseTerm1	P12Y6M
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.033
CY2020Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.034
CY2021Q1	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.028
CY2020Q4	us-gaap	Finance Lease Weighted Average Discount Rate Percent FinanceLeaseWeightedAverageDiscountRatePercent	0.028
CY2021Q1	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.203
CY2021Q1	nvr	Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet	17377000	USD
CY2020Q1	nvr	Adjustment To Income Tax Expense Income Tax Effect From Share Based Compensation Net AdjustmentToIncomeTaxExpenseIncomeTaxEffectFromShareBasedCompensationNet	55655000	USD

Files In Submission

Name	View Source	Status
0000906163-21-000056-index-headers.html	Edgar Link	pending
0000906163-21-000056-index.html	Edgar Link	pending
0000906163-21-000056.txt	Edgar Link	pending
0000906163-21-000056-xbrl.zip	Edgar Link	pending
exhibit311q12021.htm	Edgar Link	pending
exhibit312q12021.htm	Edgar Link	pending
exhibit32q12021.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nvr-20210331.htm	Edgar Link	pending
nvr-20210331.xsd	Edgar Link	pending
nvr-20210331_cal.xml	Edgar Link	unprocessable
nvr-20210331_def.xml	Edgar Link	unprocessable
nvr-20210331_htm.xml	Edgar Link	completed
nvr-20210331_lab.xml	Edgar Link	unprocessable
nvr-20210331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
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R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NVR
NVR INC Stock $nvr

2021 Q1 Form 10-Q Financial Statement

#000090616321000056 Filed on May 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR NVR INC Stock $nvr

2021 Q1 Form 10-Q Financial Statement

#000090616321000056 Filed on May 04, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NVR
NVR INC Stock $nvr