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NVR, Inc. balance sheet

At the end of fiscal 2025, NVR, Inc. had total assets of $5.86bn, total liabilities of $1.99bn and shareholders' equity of $3.86bn. It held $1.96bn in cash against $0 of debt: net cash of $1.96bn.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year2009Dec 20092010Dec 20102011Dec 20112012Dec 20122013Dec 20132014Dec 20142015Dec 20152016Dec 20162017Dec 20172018Dec 20182019Dec 20192020Dec 20202021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Cash and equivalents1,2501,1944811,1548665454514166907321,1612,8102,6372,5753,2152,6651,9571,197
Goodwill———0——————————————
Total assets2,3962,2601,7792,6052,4862,3512,5122,6442,9893,1663,8105,7775,8345,6616,6026,3815,8575,471
Long-term debt————600—————————————
Total debt0000600—000000000000
Total liabilities6395204051,1241,2251,2271,2731,3401,3841,3571,4692,6742,8322,1542,2372,1711,9922,079
Shareholders' equity1,7571,7401,3751,4801,2611,1241,2391,3041,6051,8092,3413,1033,0023,5074,3654,2103,8653,391
Net debt (negative = net cash)−1,250−1,194−481−1,154−266−545−451−416−690−732−1,161−2,810−2,637−2,575−3,215−2,665−1,957−1,197
Shares outstanding—6m5m5m4m4m4m4m4m4m4m4m3m3m3m3m3m—

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from NVR, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to NVR, Inc.