NVR, Inc.

NVR, Inc.
  • Ryan Homes
  • NVHomes
  • Heartland Homes
Company typePublic company
IndustryHome construction
Founded1980; 44 years ago (1980)
FounderDwight Schar
HeadquartersReston, Virginia, U.S.
Key people
Revenue10,526,434,000 United States dollar (2022) Edit this on Wikidata
  • Increase US$1.24 billion (2021)
Total assets
  • Increase US$5.83 billion (2021)
Total equity
  • Increase US$3.00 billion (2021)
Number of employees
6,600 (2021)
Websitewww.nvrinc.com
Footnotes / references
[1]

NVR, Inc. is a company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.[1]

NVR operates under the Ryan Homes, NVHomes, and Heartland Homes brands. The company typically does not engage in land development; it acquires finished land lots that are ready for building, which the company believes mitigates risk. As of 2023, the company is the 4th largest home construction company in the United States based on the number of homes closed.[2] It is ranked 389th on the 2022 Fortune 500.[3]

The company's stock price is the second most expensive on U.S. exchanges, behind only Berkshire Hathaway's Class A shares.[4]

  1. ^ a b "NVR, Inc. 2021 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "The Top 100 - 2023". builderonline.com. 2023.
  3. ^ "Fortune 500: NVR". Fortune.
  4. ^ "Top 5 Highest Priced Stocks In America". Investopedia.