FFilingLens
Quarterly TTM Annual
Income Balance Cash flow
8P

Three-Statement Breakdown

NVR
2026-06-30 · figures in $M

FCF DOWN

Free cash flow fell 15% to $1.0B — the lowest of its last 8 readings, and covered net income 0.92×.

CASH FROM OPS -14.9%
1,067 11.2% MGN
CAPITAL EXPENDITURE -9.6%
20
FREE CASH FLOW -15.0%
1,046
FCF / NET INCOME -7.7%
0.92× TARGET >1.0×
Cash flow TTM 24-09 TTM 24-12 TTM 25-03 TTM 25-06 TTM 25-09 TTM 25-12 TTM 26-03 vs prior TTM YoY TTM 8Q
Net income
10-Q
1,635 1,682 1,587 1,520 1,433 1,340 1,239 1,141 -7.9% -24.9% 1,141 2024-09-30 · $429.3M2024-12-31 · $457.4M2025-03-31 · $299.6M2025-06-30 · $333.7M2025-09-30 · $342.7M2025-12-31 · $363.8M2026-03-31 · $198.4M2026-06-30 · $236.5M
Depreciation & amortization
18 18 20 21 23 25 25 26 +2.9% +24.2% 26
Stock-based comp
10-Q
80 74 75 75 73 69 64 65 +2.3% -12.8% 65
Cash from operations
1,233 1,374 1,436 1,238 1,319 1,121 1,253 1,067 -14.9% -13.9% 1,067 2024-09-30 · $358.3M2024-12-31 · $637.0M2025-03-31 · $207.8M2025-06-30 · $35.1M2025-09-30 · $438.7M2025-12-31 · $439.7M2026-03-31 · $339.7M2026-06-30 · -$151.5M
Cash conversion
0.75× 0.82× 0.90× 0.81× 0.92× 0.84× 1.01× 0.93× -7.6% +14.7% 0.93×
Capital expenditures
(30) (29) (27) (29) (26) (25) (22) (20) -9.6% -30.8% (20)
Free cash flow
1,203 1,345 1,408 1,209 1,292 1,097 1,231 1,046 -15.0% -13.4% 1,046 2024-09-30 · $350.1M2024-12-31 · $631.5M2025-03-31 · $200.7M2025-06-30 · $26.8M2025-09-30 · $433.3M2025-12-31 · $436.0M2026-03-31 · $334.8M2026-06-30 · -$157.7M
FCF margin
11.9% 12.8% 13.3% 11.4% 12.4% 10.6% 12.6% 11.0% -12.6% -3.9% 11.0%
Cash from investing
-27 -27 -35 -66 -64 -71 -44 -17 — — -17
Share repurchases
1,780 2,058 2,144 1,977 1,896 1,833 1,882 1,784 -5.2% -9.7% 1,784
Cash from financing
-1,608 -1,899 -2,038 -1,872 -1,800 -1,758 -1,768 -1,682 — — -1,682
Net change in cash
-401 -551 -637 -699 -545 -708 -558 -633 — — -633
Ending cash balance
2,569 2,665 2,288 1,830 2,024 1,957 1,730 1,197 -30.8% -34.6% 1,197

Click a line to select it — Enter or the EXPAND pill folds out its quarter-by-quarter history.

SELECTED · FREE CASH FLOW · QoQ BRIDGE
FROM1,231 CASH FROM OPERATIONS-187 CAPITAL EXPENDITURES+2 TO1,046
↹ CLICK A LINE TO SELECT · ⌘F FIND LINE ITEM SRC 10-Q FILED 2026-08-05 ↗