NVR

NVR

Halal Rating :
Comfortable
Last Price $8,386.56 Last updated:
Market Cap $25.62b
7D Change 5.33%
1 Year Change 13.09%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Construction
  • Construction
  • Operative Builders
Exchange NYSE
Next Earnings Date Oct. 22, 2024

NVR, Inc. is one of America's leading homebuilders, operating under the Ryan Homes, NVHomes, and Heartland Homes brands. The company primarily engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings. NVR operates in multiple states across the East Coast and Midwest regions of the United States.

The company utilizes a unique land-light business model where it generally does not develop land, instead optioning lots from third-party land developers. This approach reduces capital requirements and mitigates risks associated with land ownership.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $2.73b $2.23b - $7.05m 0.00% 0.32%
June 30, 2024 $2.61b $2.12b - $6.9m 0.00% 0.33%
March 31, 2024 $2.33b $1.91b - $6.83m 0.00% 0.36%

Company Impact

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