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NVR, Inc.

Industry: Construction Services

For the nine months ended 30 September 2005, NVR, Inc.'s revenues increased 18% to $3.61B. Net income increased 30% to $600M. Revenues reflect higher Homebuilding revenues due to an increase in average new order price. Net income benefited from improved operating margins due to a decrease in interest expense. NVR, Inc. is a holding company, engaged in the construction & marketing of homes, and mortgage banking.

NVR, Inc. (NVR) operates in two business segments, homebuilding and mortgage banking. NVR conducts its homebuilding activities directly and its mortgage banking operations primarily through a wholly owned subsidiary, NVR Mortgage Finance, Inc. (NVRM). NVR operates in multiple locations in 11 states, primarily in the eastern part of the United States. In addition to building and selling homes, NVR provide a number of mortgage-related services through its mortgage banking operations, which operate in 11 states. Through office locations in each of its homebuilding markets, NVRM originates mortgage loans exclusively for its homebuyers. NVRM generates revenues primarily from origination fees, gains on sales of loans and title fees. NVRM sells substantially all of the mortgage loans it closes into the secondary markets on a servicing released basis.

NVR, Inc.'s rank changes

The company's ranking in 2009 was a decline from 2008 when it was ranked 464th on the Fortune 500. The Previous ranking was based on its 2008 revenue of $5,156 million (a change of -2 million compared to 2009) and profits of $334 million (a change of -233 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then NVR, Inc. would be ranked 396th rather than 584th due to its profits of $101 in 2009.

* US$ Million

• Address
  • NVR, Inc.
    11700 Plaza America Drive Suite 500
    McLean
    VA
    20190
• Contact Details
  • Phone: 703-761-2000
  • Fax: 703-956-4750
  • Website: www.nvrinc.com
  • Stock Symbol: NVR

NVR, Inc. is not ranked in this year's Fortune 500