NVR (NVR) Debt-to-Equity

: 0.23 (As of Dec. 2023)

View and export this data going back to 1986. Start your Free Trial

NVR's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. NVR's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,014 Mil. NVR's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $4,365 Mil. NVR's debt to equity for the quarter that ended in Dec. 2023 was 0.23.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for NVR's Debt-to-Equity or its related term are showing as below:

NVR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.41 Max: 0.53
Current: 0.23

During the past 13 years, the highest Debt-to-Equity Ratio of NVR was 0.53. The lowest was 0.23. And the median was 0.41.

NVR's Debt-to-Equity is ranked better than
73.2% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 0.56 vs NVR: 0.23

NVR Debt-to-Equity Historical Data

The historical data trend for NVR's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NVR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.29

0.51

0.53

0.29

0.23

NVR Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity																0.29	0.26	0.25	0.24	0.23

Competitive Comparison

For the Residential Construction subindustry, NVR's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NVR Debt-to-Equity Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, NVR's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NVR's Debt-to-Equity falls into.

NVR Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NVR's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1014.299)	/	4364.725
	=	0.23

NVR's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	1014.299)	/	4364.725
	=	0.23

NVR (NYSE:NVR) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

NVR Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of NVR's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

NVR (NVR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » NVR Inc (NYSE:NVR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N1VR34:Brazil

Address

11700 Plaza America Drive, Suite 500, Reston, VA, USA, 20190

Website

https://www.nvrinc.com

NVR Inc is a United States-based homebuilding company operating in over 33 metropolitan areas across the east of the Mississippi River. The company builds single-family detached homes, townhomes, and condominium buildings under three brands, Ryan Homes, NVHomes, and Heartland Homes. NVR's avoidance of direct land development activity is unique among public homebuilders and results in relatively outsize return metrics. The Virginia-based company also manages mortgage banking segment and homebuilding operating segments. The homebuilding segment includes four geographic areas; Mid-Atlantic, North East, Mid-East, and South East.

Executives

Daniel David Malzahn	officer: Chief Financial Officer	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Paul C Saville	officer: Executive Vice President, CFO	C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Susan Williamson Ross	director	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Eugene James Bredow	officer: Controller	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Matthew B. Kelpy	officer: VP, Chief Accounting Officer	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Melquiades R. Martinez	director	450 SOUTH ORANGE AVENUE, SUITE 250, ORLANDO FL 32801-3443
Alfred E Festa	director
Charles Elliott Andrews	director	C/O H&R BLOCK, ONE H&R BLOCK WAY, KANSAS CITY MO 64105
Sallie B Bailey	director	FERRO CORPORATION, 1000 LAKESIDE AVENUE, CLEVELAND OH 44124-1147
Thomas D Eckert	director	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Manuel H Johnson	director	C/O NVR INC, 7601 LEWINSVILLE ROAD SUITE 300, MCLEEAN VA 22102
Paul W Praylo	officer: SVP, Chief Operating Officer	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Alexandra A Jung	director	11700 PLAZA AMERICA DR, SUITE 500, RESTON VA 20190
Jeffrey D Martchek	officer: President of Homebuilding Ops	11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
David A Preiser	director