Operating Income for NVR (NVR)
According to NVR's latest reported financial statements, the company's current operating income (TTM) is $1.52B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

NVR
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.52B
YoY change
-15.9%
5Y CAGR
+11.3%
Peak year (2022)
$2.17B
Cumulative operating income
$21.71B
Operating Income history chart for NVR (NVR) from 1994 to 2025
Operating Income history table for NVR (NVR) from 1994 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.67B | -15.9% | ||
| 2024 | $1.99B | +9.1% | ||
| 2023 | $1.82B | -16.0% | ||
| 2022 | $2.17B | +47.5% | ||
| 2021 | $1.47B | +50.4% | ||
| 2020 | $977.42M | +3.1% | ||
| 2019 | $948.21M | +5.9% | ||
| 2018 | $895.14M | +12.0% | ||
| 2017 | $799.41M | +28.6% | ||
| 2016 | $621.72M | +7.5% | ||
| 2015 | $578.25M | +28.4% | ||
| 2014 | $450.48M | +12.3% | ||
| 2013 | $401.21M | +61.8% | ||
| 2012 | $247.91M | +33.6% | ||
| 2011 | $185.60M | -42.5% | ||
| 2010 | $323.01M | +4.3% | ||
| 2009 | $309.79M | +80.4% | ||
| 2008 | $171.71M | -65.6% | ||
| 2007 | $498.73M | -45.6% | ||
| 2006 | $916.26M | -16.7% | ||
| 2005 | $1.10B | +32.1% | ||
| 2004 | $833.08M | +26.1% | ||
| 2003 | $660.48M | +31.5% | ||
| 2002 | $502.40M | +33.7% | ||
| 2001 | $375.64M | +30.3% | ||
| 2000 | $288.21M | +39.8% | ||
| 1999 | $206.20M | +53.8% | ||
| 1998 | $134.10M | +238.6% | ||
| 1997 | $39.60M | -34.9% | ||
| 1996 | $60.80M | +115.6% | ||
| 1995 | $28.20M | -22.1% | ||
| 1994 | $36.20M | — |
Operating Income values are taken from NVR's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of NVR (NVR) operating income is $1.67B – declined 15.9% year-over-year.
NVR operating income has recorded the values shown across consecutive periods, with a +11.3% compound annual growth rate over 2020–2025 (5 years).
Between 2022 and 2025, NVR operating income declined 22.9%, falling from $2.17B to $1.67B.
2022 marks the peak operating income at $2.17B, with the historical low of $28.20M recorded in 1995.
Within Consumer Cyclical, NVR (NVR) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
NVR Operating Income by Year
NVR Operating Income 2025: $1.67B
NVR operating income in 2025 was $1.67B, declined 15.9% below 2024.
NVR Operating Income 2024: $1.99B
NVR operating income in 2024 was $1.99B, grew 9.1% from 2023.
NVR Operating Income 2023: $1.82B
NVR operating income in 2023 was $1.82B, declined 16.0% below 2022.
NVR Operating Income 2022: $2.17B
NVR operating income in 2022 was $2.17B, surged 47.5% from 2021. This figure represents the highest annual value in the available history.
NVR Operating Income 2021: $1.47B
NVR operating income in 2021 was $1.47B.
See more financial history for NVR (NVR).
Sector peers — Operating Income
Companies in the same sector as NVR, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is NVR's operating income?
- Latest reported operating income for NVR (NVR) is $1.52B (period ending March 31, 2026).
How has NVR operating income changed year-over-year?
- NVR (NVR) operating income changed -15.9% year-over-year on the latest annual filing.
What is the long-term growth rate of NVR operating income?
- NVR (NVR) operating income compound annual growth rate is +11.3% over the most recent 5 years available.
When did NVR operating income hit its highest annual value?
- NVR operating income reached its highest annual value of $2.17B in 2022.
What was NVR operating income in 2024?
- NVR (NVR) operating income in 2024 was $1.99B.
What was NVR operating income in 2025?
- NVR (NVR) operating income in 2025 was $1.67B.
Metrics overview
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