secwatch.observer — SEC 8-K summary
======================================

Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2021-10-21T23:59:59+00:00
Accession:  0000906163-21-000093
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q3 net income $332M, EPS $86.44, up 33% YoY; revenue $2.4B, up 20%
----------------------------------------------------------------------

- Diluted EPS $86.44 vs $65.11 in Q3 2020, increase of 33%.
- Homebuilding new orders down 22% to 5,201 units; average price up 15% to $442k.
- Homebuilding gross margin improved to 22.2% from 20.0%; segment income before tax up 47% to $395.1M.
- Mortgage banking income before tax down 25% to $39.0M on lower secondary marketing gains.
- Backlog dollars up 15% to $5.37B; settlements up 10% to 5,683 units.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616321000093/0000906163-21-000093-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616321000093/nvr-20211021.htm
  HTML page:      https://secwatch.observer/filing/0000906163-21-000093

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