| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income | 976,001 | 633,313 | 299,576 | 1,224,496 |
| Depreciation and amortization | 17,567 | 11,471 | 5,782 | 13,422 |
| Equity-based compensation expense | 53,695 | 36,339 | 18,527 | 54,465 |
| Contract land deposit impairments (recoveries), net | 40,138 | 21,270 | 8,118 | -4,868 |
| Gain on sale of loans, net | 121,975 | 83,165 | 42,987 | 135,799 |
| Mortgage loans closed | 4,532,399 | 2,990,585 | 1,433,354 | 4,568,806 |
| Mortgage loans sold and principal payments on mortgage loans held for sale | 4,646,571 | 2,991,852 | 1,416,656 | 4,538,919 |
| Distribution of earnings from unconsolidated joint ventures | 0 | 0 | 0 | 1,500 |
| Increase in inventory | 72,718 | 111,333 | 51,665 | 307,247 |
| Increase in contract land deposits | 181,771 | 132,440 | 38,640 | 87,017 |
| (increase) decrease in receivables | 10,899 | 16,872 | 18,167 | -46,993 |
| Decrease in accounts payable and accrued expenses | -81,116 | -79,234 | 55,502 | -59,417 |
| (decrease) increase in customer deposits | -45,575 | -27,781 | -7,180 | 24,168 |
| Other, net | -5,927 | -9,949 | -4,387 | -3,397 |
| Cash provided by (used in) operating activity, including discontinued operation | 681,592 | 242,886 | 207,781 | 737,412 |
| Investments in and advances to unconsolidated joint ventures | 37,281 | 35,350 | 8,167 | 1,640 |
| Distribution of capital from unconsolidated joint ventures | 0 | 0 | - | 2,715 |
| Purchase of property, plant and equipment | 20,808 | 15,362 | 7,059 | 23,621 |
| Proceeds from the sale of property, plant and equipment | 715 | 448 | 210 | 2,749 |
| Cash provided by (used in) investing activity, including discontinued operation | -57,374 | -50,264 | -15,016 | -19,797 |
| Purchase of treasury stock | 1,331,212 | 1,054,807 | 583,394 | 1,493,362 |
| Principal payments on finance lease liabilities | 3,412 | 2,219 | 1,066 | 1,808 |
| Proceeds from the exercise of stock options | 69,343 | 29,662 | 14,938 | 130,778 |
| Cash provided by (used in) financing activity, including discontinued operation | -1,265,281 | -1,027,364 | -569,522 | -1,364,392 |
| Net decrease in cash, restricted cash, and cash equivalents | -641,063 | -834,742 | -376,757 | -646,777 |
| Cash and cash equivalents at beginning of period | 2,664,667 | 2,664,667 | 2,664,667 | 3,215,444 |
| Cash and cash equivalents at end of period | 2,023,604 | 1,829,925 | 2,287,910 | 2,568,667 |
NVR INC (NVR)
NVR INC (NVR)