NVR, Inc. Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,239	1,340	1,682	1,592	1,726	1,237
Depreciation & Amortization	25.47	24.51	18.38	16.92	17.4	19.46
Stock-Based Compensation	63.97	69.21	73.93	99.51	82.54	58.23
Other Adjustments	-106.36	-112.7	-175.02	-167.97	-126.3	-217.14
Change in Receivables	10.7	-57.37	62.66	-59.65	-27.38	1.96
Changes in Inventories	171.86	335.15	-108.56	-161.88	159.09	-238.28
Changes in Accounts Payable	-125.99	-142.27	-83.22	49.11	-13.78	-19.95
Changes in Unearned Revenue	-42.32	-73.72	-11.52	20.64	-103.66	176.71
Changes in Other Operating Activities	18.73	-261.32	-84.13	109.72	156.63	224.7
Operating Cash Flow	1,253	1,121	1,374	1,498	1,870	1,242
Operating Cash Flow Growth	-12.72%	-18.42%	-8.25%	-19.90%	50.52%	34.27%
Capital Expenditures	-22.32	-24.51	-29.21	-24.88	-18.43	-17.88
Sale of Property, Plant & Equipment	0.87	0.91	3.04	2.37	0.73	0.98
Proceeds from Sale of Investments	21.56	-	-	-	-	-
Other Investing Activities	-43.84	-47.61	-0.39	-1.6	-9.74	-1.28
Investing Cash Flow	-43.73	-71.21	-26.55	-24.1	-27.43	-18.18
Long-Term Debt Repaid	-5.14	-4.73	-2.63	-1.66	-601.5	-1.36
Net Long-Term Debt Issued (Repaid)	-5.14	-4.73	-2.63	-1.66	-601.5	-1.36
Issuance of Common Stock	119.3	80.15	161.63	250.51	196.72	142.37
Repurchase of Common Stock	-1,882	-1,833	-2,058	-1,082	-1,500	-1,538
Net Common Stock Issued (Repurchased)	-1,763	-1,753	-1,896	-831.31	-1,304	-1,396
Financing Cash Flow	-1,768	-1,758	-1,899	-832.97	-1,905	-1,397
Net Cash Flow	-558.22	-707.79	-550.78	640.93	-62.47	-172.8
Free Cash Flow	1,231	1,097	1,345	1,473	1,852	1,225
Free Cash Flow Growth	12.23%	-18.47%	-8.68%	-20.44%	51.22%	34.69%
FCF Margin	12.41%	10.50%	12.58%	15.21%	17.50%	13.65%
Free Cash Flow Per Share	408.70	357.37	405.26	428.82	527.76	317.32
Levered Free Cash Flow	1,259	1,193	1,381	1,600	1,321	1,380
Unlevered Free Cash Flow	1,285	1,219	1,405	1,623	1,952	1,422

SEC Filings: 10-K · 10-Q