NVR, Inc. (NVR) reported third-quarter 2025 results, with earnings and Homebuilding revenues surpassing the Zacks Consensus Estimate. Meanwhile, both earnings and Homebuilding revenues declined on a year-over-year basis.The third-quarter results highlight continued softness in the housing market, with affordability challenges persisting amid macroeconomic uncertainty and inflationary pressures. The Homebuilding segment saw a year-over-year decline in settlements, while average selling prices remained consis ...

NVR, Inc. (NYSE:NVR) reported an impressive EPS of $112.33, beating the estimated $104.27 and showcasing its ability to exceed market expectations.The company's revenue for the third quarter of 2025 reached approximately $2.61 billion, surpassing the estimated $2.43 billion and indicating strong market presence and operational efficiency.NVR maintains a strong financial position with a price-to-earnings (P/E) ratio of approximately 14.93 and a low debt-to-equity ratio of 0.27, reflecting a conservative appr ...

NVR (NVR) came out with quarterly earnings of $112.33 per share, beating the Zacks Consensus Estimate of $107.88 per share. This compares to earnings of $130.5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +4.12%. A quarter ago, it was expected that this homebuilder would post earnings of $104.89 per share when it actually produced earnings of $108.54, delivering a surprise of +3.48%.Over the last four quarters, the company ...

Exhibit 99.1 Ef ective Tax Rate Our effective tax rate for the three and nine month periods ended September 30, 2025 was 22.8% and 24.5%, respectively, compared to 20.3% and 20.6% for the three and nine month periods ended September 30, 2024, respectively. The increase in the effective tax rate in each period is primarily attributable to a lower income tax benefit recognized for excess tax benefits from stock option exercises, which totaled $13.4 million and $19.7 million for the three and nine months ended ...

核心财务表现 - 2025年第三季度净利润为3.427亿美元，同比下降20%，稀释后每股收益为112.33美元，同比下降14% [1] - 2025年第三季度综合收入为26.1亿美元，较2024年同期的27.3亿美元下降4% [1] - 2025年前九个月净利润为9.76亿美元，同比下降20%，收入为76.1亿美元，同比下降1% [1] 住宅建筑业务运营 - 2025年第三季度新订单为4,735套，同比下降16%，平均销售价格为464,800美元，同比上涨3% [2] - 订单取消率从2024年第三季度的15%上升至2025年第三季度的19% [2] - 2025年第三季度完成结算5,639套，同比下降5%，平均结算价格为454,000美元，与去年同期基本持平 [2] - 截至2025年9月30日，已售未结算订单积压量为9,165套，同比下降19%，价值43.9亿美元，同比下降17% [2] 住宅建筑业务财务 - 2025年第三季度住宅建筑收入为25.6亿美元，同比下降4% [3] - 毛利率从2024年第三季度的23.4%下降至2025年第三季度的21.0%，主要受地块成本上升、可负担性挑战带来的定价压力以及约1,890万美元的土地定金减值影响 [3] - 2025年第三季度住宅建筑业务税前收入为4.114亿美元，同比下降18% [3] 抵押贷款银行业务 - 2025年第三季度抵押贷款发放额为15.4亿美元，同比下降7% [4] - 2025年第三季度抵押贷款业务税前收入为3,270万美元，同比下降6% [4] 税率与股票回购 - 2025年第三季度和前九个月的实际税率分别为22.8%和24.5%，高于2024年同期的20.3%和20.6%，主要归因于股票期权行权带来的税收优惠减少 [4] - 公司在第三季度回购了35,224股股票，总成本为2.764亿美元，前九个月共回购178,178股，总成本为13.3亿美元 [10] - 董事会授权了一项高达7.5亿美元的股票回购计划 [12] 区域运营数据 - 按区域划分，2025年第三季度新订单量在中大西洋地区为1,714套，东北地区为433套，中东地区为931套，东南地区为1,657套 [9] - 同期结算量在中大西洋地区为2,008套，东北地区为420套，中东地区为1,200套，东南地区为2,011套 [9] - 平均活跃社区数量从2024年第三季度的422个增加至2025年第三季度的450个 [9][10]

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Investors looking for stocks in the Building Products - Home Builders sector might want to consider either Persimmon Plc (PSMMY) or NVR (NVR) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores ...

NVR, Inc. (NVR) is a leading U.S. homebuilding firm headquartered in Reston, Virginia. Operating through its Ryan Homes, NVHomes and Heartland Homes divisions, NVR primarily engages in the design, development and sale of single-family detached homes, townhomes and condominiums, and also maintains a mortgage banking arm. NVR’s market capitalization is around $21.4 billion. The company is expected to announce its fiscal third-quarter earnings for 2025 soon. Ahead of the event, analysts expect NVR to report ...

Investors interested in Building Products - Home Builders stocks are likely familiar with D.R. Horton (DHI) and NVR (NVR) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our S ...

住房市场现状 - 新屋开工年率下降至130万套 远低于经济学家预期[2] - 建筑行业过去四个月出现裁员 加剧失业问题[3] - 美国住房短缺达到470万套的历史新高[8] 房价与收入对比 - 2025年房价中位数416,900美元与收入中位数83,150美元之比达5倍[4] - 1985年房价收入比为3.5倍（房价82,800美元 vs 收入23,620美元）[4] - 经通胀调整后 2024年房价较1965年上涨100%[6][13] 政策应对措施 - 财政部宣布将采取新措施解决住房成本问题[9] - 可能宣布国家住房紧急状态并推出首购补贴 首付援助 简化审批等政策[10] - 联邦土地可能用于新开发项目[10] 利率政策影响 - 美联储预计未来12个月进行4-5次降息[16] - 30年期抵押贷款利率可能从6.26%降至4.5%-5.5%区间[17][18] - 降息可能引发竞价战争并推高房价[19] 投资机会分析 - 建议关注头部建筑商：Lennar/LEN、PulteGroup/PHM、DR Horton/DHI等[12] - 住房科技股推荐：Zillow/Z、Opendoor/OPEN、Compass/COMP、Rocket Mortgage/RKT[12][21] - 政策干预可能引发近二十年来最强的住房繁荣[11] 市场供需矛盾 - 住房可负担性处于历史最低水平[7] - 供应量接近历史低点[7] - 年轻人无力购房 老年业主惜售 新建设跟不上需求[8]