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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.
NVR
NVR
NVR Revenue by Segment
Revenue by Segment
Homebuilding Revenue
CapyFin.comMortgage Banking Revenue
CapyFin.com 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