NVR, Inc. (NVR)

NVR, Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	-	1,682	1,592	1,726	1,237
Depreciation & Amortization	-	18.38	16.92	17.4	19.46
Loss (Gain) From Sale of Assets	-	-189.48	-163.32	-152.67	-205.58
Loss (Gain) on Equity Investments	-	1.5	2	9	9.5
Stock-Based Compensation	-	73.93	99.51	82.54	58.23
Other Operating Activities	-	2.44	-28.83	43.64	-53.74
Change in Accounts Receivable	-	62.66	-59.65	-27.38	1.96
Change in Inventory	-	-108.56	-161.88	159.09	-238.28
Change in Accounts Payable	-	-83.22	49.11	-13.78	-19.95
Change in Unearned Revenue	-	-11.52	20.64	-103.66	176.71
Change in Other Net Operating Assets	-	-157.29	-77.56	-26.41	-87.37
Operating Cash Flow	-	1,374	1,498	1,870	1,242
Operating Cash Flow Growth	-	-8.25%	-19.90%	50.52%	34.27%
Capital Expenditures	-	-29.21	-24.88	-18.43	-17.88
Sale of Property, Plant & Equipment	-	3.04	2.37	0.73	0.98
Investment in Securities	-	-0.39	-1.6	-9.74	-1.28
Investing Cash Flow	-	-26.55	-24.1	-27.43	-18.18
Long-Term Debt Repaid	-	-2.63	-1.66	-601.5	-1.36
Net Debt Issued (Repaid)	-	-2.63	-1.66	-601.5	-1.36
Issuance of Common Stock	-	161.63	250.51	196.72	142.37
Repurchase of Common Stock	-	-2,058	-1,082	-1,500	-1,538
Financing Cash Flow	-	-1,899	-832.97	-1,905	-1,397
Net Cash Flow	-	-550.78	640.93	-62.47	-172.8
Free Cash Flow	-	1,345	1,473	1,852	1,225
Free Cash Flow Growth	-	-8.68%	-20.44%	51.22%	34.69%
Free Cash Flow Margin	-	12.59%	15.21%	17.51%	13.66%
Free Cash Flow Per Share	-	405.26	428.82	527.76	317.32
Cash Interest Paid	-	29.2	29.2	47.5	53.68
Cash Income Tax Paid	-	409.85	407.19	529.82	389.38
Levered Free Cash Flow	-	1,088	1,213	1,674	939.56
Unlevered Free Cash Flow	-	1,105	1,230	1,698	971.76
Change in Working Capital	-	-297.91	-229.35	-12.14	-166.95

Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q