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Dec 31, 2021
NVR Q4 2021 Earnings Report
NVR reported a decrease in consolidated revenues but an increase in net income compared to the same quarter last year.
Key Takeaways
NVR, Inc. announced its Q4 2021 results, with net income increasing by 10% and diluted earnings per share increasing by 16% compared to Q4 2020. However, consolidated revenues decreased by 5% compared to the same period last year.
Net income for Q4 2021 was $334.6 million, or $89.09 per diluted share, up 10% and 16% respectively from Q4 2020.
Consolidated revenues for Q4 2021 totaled $2.23 billion, a decrease of 5% from $2.34 billion in Q4 2020.
Homebuilding new orders increased by 4% to 5,685 units.
Homebuilding gross profit margin increased to 24.4% compared to 19.5% in Q4 2020.
NVR
NVR
NVR Revenue by Segment
Revenue by Segment
Mortgage Banking Revenue
CapyFin.com Forward Guidance
The company did not provide specific forward guidance in this earnings report.