---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-24-000004"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2024-01-30T23:59:59+00:00"
generated_at: "2026-06-06T15:37:11.935299+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NVR reports Q4 EPS $121.56 (-9% YoY); new orders surge 25% to 5,190 units

## Summary
- Net income $410.1M ($121.56 diluted EPS) vs $454.8M ($133.44) in Q4 2022, down 10% and 9% respectively.
- Consolidated revenues $2.43B, down 10% from $2.71B; full-year revenues $9.52B, down 10%.
- New orders in Q4 increased 25% to 5,190 units; cancellation rate improved to 13% from 18%.
- Homebuilding gross margin fell to 24.1% (Q4) vs 25.3% a year ago; mortgage banking income before tax rose 12% to $29.7M.
- Backlog units up 12% to 10,229 units; dollar backlog $4.76B (+10%).

## SEC filing metadata
- accession: 0000906163-24-000004
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2024-01-30T23:59:59+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/906163/000090616324000004/0000906163-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616324000004/nvr-20240130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-24-000004
- JSON: https://secwatch.observer/filing/0000906163-24-000004.json
- Plain text: https://secwatch.observer/filing/0000906163-24-000004.txt

## Key facts
- Earnings Releases
  NVR INC reported fourth quarter ended December 31, 2023 results: revenue $2.43 billion, net income $410.1 million, EPS $121.56 per diluted share.
  - Period: fourth quarter ended December 31, 2023
  - Revenue: $2.43 billion
  - Net income: $410.1 million
  - EPS: $121.56 per diluted share
  - Result: reported results
  source text: 9%, respectively, when compared to 2022 fourth quarter net income of $454.8 million, or $133.44 per diluted share. Consolidated revenues for the fourth quarter of 2023 totaled $2.43 billion, which decreased 10% from $2.71 billion in the fourth quarter of 2022. For the year ended December 31, 2023, consolidated revenues were $9.52 billion, a 10% decrease from $10.53
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616324000004/0000906163-24-000004-index.htm
- Earnings Releases
  NVR INC reported year ended December 31, 2023 results: revenue $9.52 billion, net income $1.59 billion, EPS $463.31 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $9.52 billion
  - Net income: $1.59 billion
  - EPS: $463.31 per diluted share
  - Result: reported results
  source text: quarter of 2023 totaled $2.43 billion, which decreased 10% from $2.71 billion in the fourth quarter of 2022. For the year ended December 31, 2023, consolidated revenues were $9.52 billion, a 10% decrease from $10.53 billion reported in 2022. Net income for the year ended December 31, 2023 was $1.59 billion, a decrease of 8% when compared to net income for the year
  evidence_url: https://www.sec.gov/Archives/edgar/data/906163/000090616324000004/0000906163-24-000004-index.htm

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