secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000906163-21-000075
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q2 net income surges 96% to $321.3M, revenue up 41% to $2.28B
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- Net income $321.3M, diluted EPS $82.45 (up 94% YoY) on revenue $2.28B (+41%).
- Homebuilding gross profit margin expanded to 22.6% from 19.2% YoY.
- New orders down 6% to 5,521 units, but avg selling price rose 20% to $440,200.
- Backlog units +19%, dollar backlog $5.41B (+35%).
- Mortgage banking income before tax $39.2M, up 161% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616321000075/0000906163-21-000075-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616321000075/nvr-20210721.htm
  HTML page:      https://secwatch.observer/filing/0000906163-21-000075

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer