secwatch.observer — SEC 8-K summary
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Issuer:     NVR INC (NVR)
CIK:        0000906163
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0000906163-24-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NVR Q1 net income up 14% to $394.3M; EPS $116.41, +17% YoY
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- Revenue $2.33B, +7% YoY; homebuilding revenue $2.29B, +7%.
- New orders 6,049 units (+3%); avg. price $454,300 (+3%); cancellation rate 13%.
- Settlements 5,089 units (+10%); avg. price $449,200 (-2%).
- Backlog 11,189 units (+7%) valued at $5.22B (+9%).
- Mortgage closed loans $1.38B (+11%); effective tax rate 16.2% vs. 20.6%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/906163/000090616324000065/0000906163-24-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/906163/000090616324000065/nvr-20240423.htm
  HTML page:      https://secwatch.observer/filing/0000906163-24-000065

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