| Metric [Unit: $ Thousand] | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 |
|---------------------------|---------|---------|---------|---------|---------|---------|---------|---------|
| Homebuilding Revenue      | 2,670,000  **[0000906163-23-000002_q42022ex991_earningsrelease.htm:0]**  | 2,131,333  **[0000906163-23-000038_q12023ex991_earningsrelease.htm:2]**  | 2,283,769  **[0000906163-23-000108_nvr-20230630.htm:11]**  | 2,512,409  **[0000906163-23-000155_nvr-20230930.htm:22]**  | 2,390,000  **[0000906163-24-000004_q42023ex991_earningsrelease.htm:0]**  | 2,286,177  **[0000906163-24-000065_q12024ex991_earningsrelease.htm:2]**  | 2,547,891  **[0000906163-24-000109_nvr-20240630.htm:11]**  | 2,677,640  **[0000906163-24-000118_q32024ex991_earningsrelease.htm:2]**  |
| Mortgage Banking Revenue  | 44,100  **[0000906163-23-000002_q42022ex991_earningsrelease.htm:2]**    | 46,944  **[0000906163-23-000048_nvr-20230331.htm:7]**    | 54,561  **[0000906163-23-000108_nvr-20230630.htm:11]**    | 56,616  **[0000906163-23-000155_nvr-20230930.htm:10]**    | 45,500  **[0000906163-24-000004_q42023ex991_earningsrelease.htm:2]**    | 47,286  **[0000906163-24-000071_nvr-20240331.htm:9]**    | 64,566  **[0000906163-24-000109_nvr-20240630.htm:11]**    | 55,311  **[0000906163-24-000123_nvr-20240930.htm:11]**    |

668e4b29b90a1900795552fc89c524fa239faa53a61a8214f1ddaa6fd85a00f1

4fb88d94b06db33a3c72c662c9560a7983490bf8ffcc8be66edca44ea7b4698e

842e53920e3ad217052887296d3413b530fbb94098f3b813cb85d408bf6fdb3e

NVR, Inc. is a company that operates primarily in the homebuilding and mortgage banking sectors. The homebuilding segment constructs and sells single-family detached homes, townhomes, and condominium buildings under the trade names Ryan Homes, NVHomes, and Heartland Homes, targeting various buyer demographics **[0000906163-24-000062_nvr-20240319.htm:4]** **[0000906163-24-000033_nvr-20231231.htm:4]** **[0000906163-24-000094_q22024ex991_earningsrelease.htm:1]**. The company operates in thirty-six metropolitan areas across sixteen states and Washington, D.C. **[0000906163-24-000062_nvr-20240319.htm:4]** **[0000906163-24-000033_nvr-20231231.htm:4]** **[0000906163-24-000094_q22024ex991_earningsrelease.htm:1]**. The mortgage banking segment, through NVR Mortgage Finance, Inc. (NVRM), provides mortgage-related services primarily to NVR's homebuyers **[0000906163-24-000033_nvr-20231231.htm:4]** **[0000906163-24-000033_nvr-20231231.htm:8]**.

1. **Homebuilding** - Constructs and sells single-family detached homes, townhomes, and condominium buildings under the trade names Ryan Homes, NVHomes, and Heartland Homes. Ryan Homes targets first-time and first-time move-up buyers, while NVHomes and Heartland Homes cater to move-up and luxury buyers **[0000906163-24-000062_nvr-20240319.htm:4]** **[0000906163-24-000033_nvr-20231231.htm:4]** **[0000906163-24-000094_q22024ex991_earningsrelease.htm:1]**.
   - **Mid Atlantic** - Contributes to the company's revenue through homebuilding operations in this geographic region **[0000906163-24-000033_nvr-20231231.htm:30]** **[0000906163-24-000033_nvr-20231231.htm:80]**.
   - **North East** - Engages in homebuilding activities, adding to the company's overall revenue **[0000906163-24-000033_nvr-20231231.htm:30]** **[0000906163-24-000033_nvr-20231231.htm:80]**.
   - **Mid East** - Participates in homebuilding, supporting the company's revenue generation **[0000906163-24-000033_nvr-20231231.htm:30]** **[0000906163-24-000033_nvr-20231231.htm:80]**.
   - **South East** - Involved in homebuilding, contributing to the company's revenue **[0000906163-24-000033_nvr-20231231.htm:30]** **[0000906163-24-000033_nvr-20231231.htm:80]**.
2. **Mortgage Banking** - Provides mortgage-related services primarily to NVR's homebuyers, generating revenue from origination fees, gains on sales of loans, and title fees **[0000906163-24-000033_nvr-20231231.htm:4]** **[0000906163-24-000033_nvr-20231231.htm:8]**.

f6e4a7b27b0da89d6c59ffe2aafefa5acc2e8082a8290a73d93b13c563f39d13

| Metric (Unit) | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 |
|---------------|---------|---------|---------|---------|---------|---------|---------|---------|
| Revenue ($) | N/A | $2,131,333,000 **[0000906163-23-000048_nvr-20230331.htm:16]** | $2,338,330,000 **[0000906163-23-000108_nvr-20230630.htm:11]** | $2,569,025,000 **[0000906163-23-000155_nvr-20230930.htm:10]** | $2,387,094,000 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:2]** | $2,333,463,000 **[0000906163-24-000071_nvr-20240331.htm:9]** | $2,612,457,000 **[0000906163-24-000109_nvr-20240630.htm:11]** | $2,732,951,000 **[0000906163-24-000123_nvr-20240930.htm:11]** |
| Backlog (Units) | 9,162 **[0000906163-23-000023_nvr-20221231.htm:6]** | 10,411 **[0000906163-23-000048_nvr-20230331.htm:16]** | 11,231 **[0000906163-23-000096_q22023ex991_earningsrelease.htm:3]** | 10,371 **[0000906163-23-000155_nvr-20230930.htm:21]** | 10,229 **[0000906163-24-000033_nvr-20231231.htm:34]** | 11,189 **[0000906163-24-000071_nvr-20240331.htm:21]** | 11,597 **[0000906163-24-000109_nvr-20240630.htm:24]** | 11,339 **[0000906163-24-000123_nvr-20240930.htm:24]** |
| Average Backlog Price ($) | $472,200 **[0000906163-23-000023_nvr-20221231.htm:6]** | $460.3 **[0000906163-23-000048_nvr-20230331.htm:16]** | $458.6 **[0000906163-23-000096_q22023ex991_earningsrelease.htm:3]** | N/A | $465,000 **[0000906163-24-000033_nvr-20231231.htm:34]** | $466.4 **[0000906163-24-000071_nvr-20240331.htm:21]** | $470.3 **[0000906163-24-000109_nvr-20240630.htm:24]** | $469.5 **[0000906163-24-000123_nvr-20240930.htm:24]** |
| Total Active Communities | 415 **[0000906163-23-000023_nvr-20221231.htm:34]** | 413 **[0000906163-23-000038_q12023ex991_earningsrelease.htm:4]** | 426 **[0000906163-23-000108_nvr-20230630.htm:23]** | 431 **[0000906163-23-000155_nvr-20230930.htm:23]** | 438 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | 427 **[0000906163-24-000071_nvr-20240331.htm:21]** | 433 **[0000906163-24-000094_q22024ex991_earningsrelease.htm:4]** | 422 **[0000906163-24-000123_nvr-20240930.htm:24]** |
| Units Sold | 5,749 **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]** | 4,639 **[0000906163-23-000048_nvr-20230331.htm:16]** | 5,085 **[0000906163-23-000108_nvr-20230630.htm:23]** | 5,606 **[0000906163-23-000155_nvr-20230930.htm:23]** | 5,332 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | 5,089 **[0000906163-24-000071_nvr-20240331.htm:21]** | 5,659 **[0000906163-24-000109_nvr-20240630.htm:24]** | 5,908 **[0000906163-24-000123_nvr-20240930.htm:24]** |
| Loan Closing Volume ($) | $1,524,665,000 **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]** | $1,237,283,000 **[0000906163-23-000048_nvr-20230331.htm:22]** | $1,381,647,000 **[0000906163-23-000108_nvr-20230630.htm:29]** | $1,621,599 **[0000906163-23-000155_nvr-20230930.htm:29]** | $1,496,003,000 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | $1,378,009,000 **[0000906163-24-000071_nvr-20240331.htm:25]** | $1,530,081,000 **[0000906163-24-000109_nvr-20240630.htm:30]** | $1,656,507,000 **[0000906163-24-000123_nvr-20240930.htm:30]** |
| Capture Rate (%) | 80% **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]** | 83% **[0000906163-23-000038_q12023ex991_earningsrelease.htm:4]** | 86% **[0000906163-23-000096_q22023ex991_earningsrelease.htm:4]** | 89% **[0000906163-23-000141_q32023ex991_earningsrelease.htm:4]** | 88% **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | 86% **[0000906163-24-000065_q12024ex991_earningsrelease.htm:4]** | 86% **[0000906163-24-000094_q22024ex991_earningsrelease.htm:4]** | 86% **[0000906163-24-000118_q32024ex991_earningsrelease.htm:4]** |
| Corporate Capital Allocation Charge ($) | N/A | $69,074,000 **[0000906163-23-000048_nvr-20230331.htm:8]** | $72,617,000 **[0000906163-23-000108_nvr-20230630.htm:12]** | $74,171,000 **[0000906163-23-000155_nvr-20230930.htm:11]** | N/A | $77,061,000 **[0000906163-24-000071_nvr-20240331.htm:24]** | $82,494,000 **[0000906163-24-000109_nvr-20240630.htm:12]** | $86,489,000 **[0000906163-24-000123_nvr-20240930.htm:12]** |
| Contract Land Deposits ($) | $553,140,000 **[0000906163-23-000023_nvr-20221231.htm:89]** | $555,136 **[0000906163-23-000048_nvr-20230331.htm:4]** | $563,110,000 **[0000906163-23-000108_nvr-20230630.htm:5]** | $580,353,000 **[0000906163-23-000155_nvr-20230930.htm:5]** | $629,948,000 **[0000906163-24-000033_nvr-20231231.htm:86]** | $655,339,000 **[0000906163-24-000071_nvr-20240331.htm:5]** | $690,948 **[0000906163-24-000109_nvr-20240630.htm:6]** | $716,122,000 **[0000906163-24-000123_nvr-20240930.htm:6]** |
| New Orders | 4,153 **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]** | 5,888 **[0000906163-23-000048_nvr-20230331.htm:16]** | 5,905 **[0000906163-23-000108_nvr-20230630.htm:20]** | 4,746 **[0000906163-23-000155_nvr-20230930.htm:23]** | 5,190 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | 6,049 **[0000906163-24-000071_nvr-20240331.htm:18]** | 6,067 **[0000906163-24-000109_nvr-20240630.htm:20]** | 5,650 **[0000906163-24-000123_nvr-20240930.htm:24]** |
| New Order Cancellation Rate (%) | 18.4% **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]** | 14% **[0000906163-23-000048_nvr-20230331.htm:17]** | 10.9% **[0000906163-23-000108_nvr-20230630.htm:20]** | 13.6% **[0000906163-23-000141_q32023ex991_earningsrelease.htm:4]** | 13.0% **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]** | 13% **[0000906163-24-000071_nvr-20240331.htm:19]** | 12.9% **[0000906163-24-000109_nvr-20240630.htm:20]** | 14.5% **[0000906163-24-000118_q32024ex991_earningsrelease.htm:4]** |
| Lots Controlled under LPAs | 125,100 **[0000906163-23-000023_nvr-20221231.htm:88]** | 123,100 **[0000906163-23-000048_nvr-20230331.htm:4]** | 123,900 **[0000906163-23-000108_nvr-20230630.htm:19]** | 127,000 **[0000906163-23-000155_nvr-20230930.htm:18]** | 134,900 **[0000906163-24-000033_nvr-20231231.htm:84]** | 135,800 **[0000906163-24-000071_nvr-20240331.htm:5]** | 142,300 **[0000906163-24-000109_nvr-20240630.htm:6]** | 144,400 **[0000906163-24-000123_nvr-20240930.htm:6]** |
| Aggregate Investment in Joint Ventures ($) | $27,200,000 **[0000906163-23-000023_nvr-20221231.htm:89]** | $26,800,000 **[0000906163-23-000048_nvr-20230331.htm:4]** | $27,600 **[0000906163-23-000108_nvr-20230630.htm:6]** | $28,100 **[0000906163-23-000155_nvr-20230930.htm:6]** | $29,200 **[0000906163-24-000033_nvr-20231231.htm:86]** | $28,100,000 **[0000906163-24-000071_nvr-20240331.htm:6]** | $27,100 **[0000906163-24-000109_nvr-20240630.htm:7]** | $27,800,000 **[0000906163-24-000123_nvr-20240930.htm:7]** |
| Backlog Turnover Rate | N/A | 204,646.5 **[0000906163-23-000048_nvr-20230331.htm:16]****[0000906163-23-000048_nvr-20230331.htm:16]** | 208,168.9 **[0000906163-23-000108_nvr-20230630.htm:11]****[0000906163-23-000096_q22023ex991_earningsrelease.htm:3]** | 247,726.1 **[0000906163-23-000155_nvr-20230930.htm:10]****[0000906163-23-000155_nvr-20230930.htm:21]** | 233,396.3 **[0000906163-24-000004_q42023ex991_earningsrelease.htm:2]****[0000906163-24-000033_nvr-20231231.htm:34]** | 208,573.8 **[0000906163-24-000071_nvr-20240331.htm:9]****[0000906163-24-000071_nvr-20240331.htm:21]** | 225,267.1 **[0000906163-24-000109_nvr-20240630.htm:11]****[0000906163-24-000109_nvr-20240630.htm:24]** | 240,962.1 **[0000906163-24-000123_nvr-20240930.htm:11]****[0000906163-24-000123_nvr-20240930.htm:24]** |
| Sales Absorption Rate (%) | 62.8% **[0000906163-23-000002_q42022ex991_earningsrelease.htm:4]****[0000906163-23-000023_nvr-20221231.htm:6]** | 44.5% **[0000906163-23-000048_nvr-20230331.htm:16]****[0000906163-23-000048_nvr-20230331.htm:16]** | 45.3% **[0000906163-23-000108_nvr-20230630.htm:23]****[0000906163-23-000096_q22023ex991_earningsrelease.htm:3]** | 54.1% **[0000906163-23-000155_nvr-20230930.htm:23]****[0000906163-23-000155_nvr-20230930.htm:21]** | 52.1% **[0000906163-24-000004_q42023ex991_earningsrelease.htm:4]****[0000906163-24-000033_nvr-20231231.htm:34]** | N/A | N/A | N/A |

7ec70c7ec8d44a4bcd3a817ee976f9b60dfd1c119f91986dca820b63a2464426

83a4cc81c51529a20ce7787991eea13a0fdfec96d9b214e96b02b60b4b346e97

Mid Atlantic

North East

Mid East

South East

Consolidated Revenue

Total Revenue

7792c9313d4c38a57038385bb0839747978923ffdaa5cea0dfec938fa186b17e

Homebuilding

- Mid Atlantic

- North East

- Mid East

- South East

Mortgage Banking

- Mortgage Banking Fees

- Interest Income

8a95d6801dd7d9120cac74bc35a6d8c39b17aa4513aa24b3984a1180eb92f989

Revenue ($)

Backlog (Units)

Average Backlog Price ($)

Units Sold

Loan Closing Volume ($)

Capture Rate (%)

Corporate Capital Allocation Charge ($)

Contract Land Deposits ($)

New Orders

New Order Cancellation Rate (%)

Lots Controlled under LPAs

Aggregate Investment in Joint Ventures ($)

Backlog Turnover Rate

Sales Absorption Rate (%)

ad5735a09304ea34191a650c71290915a91641a771b1ec9c5f07030ac81b589e

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06d261d6d3f5deee3c2c462d3916c8d9d5296ace8a8044fd5197678f56f0773a

| Name               | Position                                      | Start Date         | Short Bio                                                                                                                                                      |
|--------------------|-----------------------------------------------|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Paul C. Saville    | Executive Chairman of the Board               | May 4, 2022        | Paul C. Saville has been the Executive Chairman of the Board at NVR since May 4, 2022. He was previously the President and CEO from July 1, 2005, to May 3, 2022. He has been with NVR since 1981  **[0000906163-24-000062_nvr-20240319.htm:10]** **[0000906163-24-000062_nvr-20240319.htm:27]** **[0000906163-23-000035_nvr-20230310.htm:10]** . |
| Eugene J. Bredow   | President and Chief Executive Officer         | May 4, 2022        | Eugene J. Bredow has been the President and CEO of NVR since May 4, 2022. He was President of NVR Mortgage from April 1, 2019, to May 3, 2022, and has been with NVR since 2004  **[0000906163-24-000062_nvr-20240319.htm:27]** **[0000906163-23-000035_nvr-20230310.htm:27]** . |
| Daniel D. Malzahn  | Senior Vice President, Chief Financial Officer and Treasurer | February 20, 2013  | Daniel D. Malzahn has been with NVR since 1994. He became Senior Vice President in February 2016 and has served as CFO and Treasurer since February 20, 2013  **[0000906163-24-000062_nvr-20240319.htm:27]** **[0000906163-24-000033_nvr-20231231.htm:55]** **[0000906163-23-000035_nvr-20230310.htm:27]** . |
| Matthew B. Kelpy   | Vice President and Chief Accounting Officer   | March 1, 2018      | Matthew B. Kelpy has been the Vice President and Chief Accounting Officer of NVR since March 1, 2018. He also serves as Vice President and Controller since joining NVR in 2017  **[0000906163-24-000062_nvr-20240319.htm:27]** **[0000906163-23-000035_nvr-20230310.htm:27]** . |

20e5e8d1dd10948a03383486b32d0c6ffe79e01e4745928631c9c0bd20f482f8

| Program Details           | Program 1                  | Program 2                  |
|---------------------------|----------------------------|----------------------------|
| Approval Date             | February 14, 2024  **[0000906163-24-000123_nvr-20240930.htm:37]**       | May 7, 2024  **[0000906163-24-000123_nvr-20240930.htm:37]** **[0000906163-24-000123_nvr-20240930.htm:32]**          |
| End Date/Duration         | Fully utilized by September 2024  **[0000906163-24-000123_nvr-20240930.htm:37]**  | No expiration date specified  **[0000906163-24-000123_nvr-20240930.htm:37]** **[0000906163-24-000123_nvr-20240930.htm:32]**  |
| Total additional amount   | **$750 million**  **[0000906163-24-000123_nvr-20240930.htm:37]**        | **$750 million**  **[0000906163-24-000123_nvr-20240930.htm:37]** **[0000906163-24-000123_nvr-20240930.htm:32]**     |
| Remaining authorization   | **$0**  **[0000906163-24-000123_nvr-20240930.htm:37]**                  | **$682.5 million**  **[0000906163-24-000123_nvr-20240930.htm:37]** **[0000906163-24-000123_nvr-20240930.htm:32]**   |
| Details                   | Fully utilized  **[0000906163-24-000123_nvr-20240930.htm:37]**          | Ongoing, part of strategy to increase shareholder value  **[0000906163-24-000123_nvr-20240930.htm:32]** **[0000906163-24-000109_nvr-20240630.htm:32]** **[0000906163-23-000155_nvr-20230930.htm:31]** **[0000906163-23-000108_nvr-20230630.htm:31]** **[0000906163-24-000071_nvr-20240331.htm:26]** **[0000906163-23-000048_nvr-20230331.htm:24]**  |

c28424542fdccb6c275eafd10348675938a2697e10abcea02fe0e99c2c84b718

| Name       | Start Date | End Date | Reason for Change |
|------------|------------|----------|-------------------|
| KPMG LLP   | 1987  **[0000906163-24-000033_nvr-20231231.htm:66]**    | Present  | Current auditor   |

257e5fed8713eb6c83648d0616d63c04c47f3763cb955356aa39a17b725b076f

23794d91c53ae875c8e247d72561e35d9d06ee07c70c9e0dbcc977a6d161504a

| Year | Amount Due (Billions) | Debt Type   | Interest Rate (%) | % of Total Debt |
|------|-----------------------|-------------|-------------------|-----------------|
| 2030 | 0.9 **[0000906163-24-000123_nvr-20240930.htm:15]**           | Senior Notes| 3.00 **[0000906163-24-000123_nvr-20240930.htm:15]**      | 100% = (0.9B / 0.9B) * 100 **[0000906163-24-000123_nvr-20240930.htm:15]** |

ebd2f9c0b7e20833c2777c5b75689ef569323734b776df384fba1f4afa89892d

NVR Inc (NVR)

Financials