---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-23-000002"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2023-01-31T23:59:59+00:00"
generated_at: "2026-06-20T06:13:26.827308+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NVR Q4 net income $454.8M, EPS $133.44 (+50% YoY); new orders down 27%

## Summary
- Net income $454.8M ($133.44 diluted EPS) vs $334.6M ($89.09) in Q4 2021; consolidated revenue $2.71B (+22% YoY).
- Homebuilding new orders 4,153 units (-27% YoY); cancellation rate 18% (vs 10% in Q4 2021).
- Backlog 9,162 units (-28%); settlements 5,749 units (+13%) avg price $464K (+9%).
- Homebuilding gross margin 25.3% (vs 24.4%); $25M land deposit impairment (94 bps).
- Mortgage banking income before tax $26.4M (-24% YoY); closed loan production $1.52B (+3%).

## SEC filing metadata
- accession: 0000906163-23-000002
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2023-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906163/000090616323000002/0000906163-23-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616323000002/nvr-20230131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-23-000002
- JSON: https://secwatch.observer/filing/0000906163-23-000002.json
- Plain text: https://secwatch.observer/filing/0000906163-23-000002.txt

## Key facts
- Earnings Releases
  NVR INC reported the fourth quarter ended December 31, 2022 results: revenue $2.71 billion, net income $454.8 million, EPS $133.44 per diluted share.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $2.71 billion
  - Net income: $454.8 million
  - EPS: $133.44 per diluted share
  - Result: reported results
  source text: announced net income for its fourth quarter ended December 31, 2022 of $454.8 million, or $133.44 per diluted share. Net income and diluted earnings per share for the fourth quarter ended December 31, 2022 increased 36% and 50%, respectively, when compared to 2021 fourth quarter net income of $334.6 million, or $89.09 per diluted share. Consolidated revenues for the fourth quarter of 2022 totaled $2.71 billion, which increased 22% from $2.23 billion in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616323000002/0000906163-23-000002-index.htm
- Earnings Releases
  NVR INC reported the year ended December 31, 2022 results: revenue $10.53 billion, net income $1.73 billion, EPS $491.82 per diluted share.
  - Period: the year ended December 31, 2022
  - Revenue: $10.53 billion
  - Net income: $1.73 billion
  - EPS: $491.82 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2022, consolidated revenues were $10.53 billion, an 18% increase from $8.95 billion reported in 2021. Net income for the year ended December 31, 2022 was $1.73 billion, an increase of 40% when compared to net income for the year ended December 31, 2021 of $1.24 billion. Diluted earnings per share for the year ended December 31, 2022 was $491.82, an increase of 53% from $320.48 per diluted share for 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616323000002/0000906163-23-000002-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.