NVR Cash Flow Statement
NYSE: NVRConsumer DiscretionaryHomebuildingUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
NVR free cash flow
In fiscal 2025, NVR generated $1.12 billion of operating cash flow and spent $24.5 million on capital expenditures. That left free cash flow of $1.10 billion, a free-cash-flow margin of 10.6% of revenue. Free cash flow was down 18.5% from the prior year's $1.35 billion.
NVR returned $1.83 billion to shareholders through share repurchases, equal to 167% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
NVR cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.34B | 1.68B | 1.59B | 1.73B | 1.24B | 901.25M | 878.54M | 797.20M | 537.52M | 425.26M |
| Net Income growth (YoY) | -20.34% | +5.67% | -7.76% | +39.53% | +37.22% | +2.58% | +10.20% | +48.31% | +26.40% | +11.06% |
| Depreciation & Amortization | 24.51M | 18.38M | 16.92M | 17.40M | 19.46M | 21.99M | 20.82M | 20.17M | 22.67M | 22.27M |
| Stock-Based Compensation | 69.21M | 73.92M | 99.51M | 82.54M | 58.23M | 50.79M | 78.53M | 75.70M | 44.56M | 43.60M |
| Change in Working Capital | 61.80M | -140.62M | -151.79M | 14.27M | -79.58M | -86.52M | -63.86M | -50.42M | -143.66M | -35.44M |
| Operating Cash Flow | 1.12B | 1.37B | 1.50B | 1.87B | 1.24B | 925.27M | 866.53M | 723.13M | 570.35M | 392.99M |
| Capital Expenditures | -24.51M | -29.21M | -24.88M | -18.43M | -17.88M | -16.12M | -22.70M | -19.66M | -20.27M | -22.37M |
| Investing Cash Flow | -71.21M | -26.55M | -24.10M | -27.43M | -18.18M | -3.93M | -13.28M | -8.18M | -15.19M | -10.35M |
| Share Repurchases | -1.83B | -2.06B | -1.08B | -1.50B | -1.54B | -371.08M | -698.42M | -846.13M | -422.17M | -455.35M |
| Debt Issued | — | — | — | 0 | 0 | 923.90M | 0 | 0 | — | — |
| Debt Repaid | — | 0 | 0 | -600.00M | 0 | 0 | — | — | — | — |
| Financing Cash Flow | -1.76B | -1.90B | -832.97M | -1.91B | -1.40B | 727.64M | -424.69M | -672.26M | -281.64M | -417.39M |
| Net Change in Cash | -707.79M | -550.78M | 640.93M | -62.47M | -172.80M | 1.65B | 428.56M | 42.69M | 273.52M | -34.76M |
| Free Cash Flow | 1.10B | 1.35B | 1.47B | 1.85B | 1.22B | 909.15M | 843.84M | 703.46M | 550.09M | 370.62M |
This table shows 10 annual periods of NVR's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow NVR's reporting calendar. What is a cash flow statement?