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Dec 31, 2023
NVR Q4 2023 Earnings Report
NVR reported a decrease in net income and revenue for Q4 2023 compared to Q4 2022.
Key Takeaways
NVR, Inc. announced a decrease in net income and revenue for the fourth quarter ended December 31, 2023. Net income decreased by 10% to $410.1 million, and diluted earnings per share decreased by 9% to $121.56. Consolidated revenues decreased by 10% to $2.43 billion.
Net income for Q4 2023 was $410.1 million, a 10% decrease compared to Q4 2022.
Diluted earnings per share for Q4 2023 decreased by 9% to $121.56.
Consolidated revenues for Q4 2023 totaled $2.43 billion, a 10% decrease compared to Q4 2022.
Homebuilding new orders in Q4 2023 increased by 25% to 5,190 units.
Revenue by Segment
Forward Guidance
NVR did not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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