secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2022-02-01T23:59:59+00:00
Accession:  0000906163-22-000002
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q4 2021 EPS $89.09 (+16% YoY); homebuilding margins expand to 24.4%
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- Q4 net income $334.6M, diluted EPS $89.09 (+16% YoY); revenue $2.23B (-5% YoY).
- New orders Q4 up 4% to 5,685 units; average sales price up 14% to $454,900; cancellation rate 10% vs 12%.
- Homebuilding gross margin Q4 24.4% vs 19.5% YoY; segment income before tax $392M (+21%).
- Backlog units +10% to 12,730; dollar value +26% to $5.78B.
- Mortgage banking segment income before tax $34.8M (-44% YoY) on lower secondary gains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616322000002/0000906163-22-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616322000002/nvr-20220201.htm
  HTML page:      https://secwatch.observer/filing/0000906163-22-000002

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