NVR (NVR) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 21.6%
EBITDA Margin: 11.7%
Op. Margin: 11.3%
Net Margin: 10.5%

Op. margin of 11.3% is down 5.4% YoY — costs are rising relative to revenue. Net margin at 10.5% and gross margin of 21.6% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit