---
schema_version: "secwatch.filing_event.v1"
accession: "0000906163-25-000003"
form_type: "8-K"
ticker: "NVR"
cik: "0000906163"
company_name: "NVR INC"
filed_at: "2025-01-28T23:59:59+00:00"
generated_at: "2026-05-27T08:51:47.645570+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NVR Q4 net income $457M ($139.93 EPS), up 12%; revenue $2.85B, up 17% YoY

## Summary
- Q4 net income $457.4M ($139.93 diluted EPS) vs $410.1M ($121.56) prior year, increases of 12% and 15% respectively.
- Consolidated revenue $2.85B (+17% YoY); full-year 2024 revenue $10.52B (+11%), net income $1.68B (+6%).
- Homebuilding Q4 settlements up 16% to 6,180 units; new orders down 8% to 4,794 units; gross margin 23.6% (24.1% prior year).
- Mortgage banking Q4 pretax income $45.9M (+55% YoY) on $1.70B closed loans, driven by higher secondary marketing gains.
- Effective tax rate Q4 20.1% vs 15.3% due to lower excess tax benefits from stock option exercises.

## SEC filing metadata
- accession: 0000906163-25-000003
- form_type: 8-K
- ticker: NVR
- cik: 0000906163
- company_name: NVR INC
- filed_at: 2025-01-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906163/000090616325000003/0000906163-25-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906163/000090616325000003/nvr-20250128.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000906163-25-000003
- JSON: https://secwatch.observer/filing/0000906163-25-000003.json
- Plain text: https://secwatch.observer/filing/0000906163-25-000003.txt

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