NVR (NVR) FY2015 results: revenue $5.2 billion, up 16.1% on the year
NVR Inc. (NVR) reported revenue of $5.2 billion for fiscal 2015, the year ended 31 December 2015, up 16.1% on the year before. Net income was $383 million, up 36.0%, and diluted earnings per share $89.99. The figures are the company's own, from the 10-K it filed with the SEC on 17 February 2016.
Revenue
$5.2 billion
+16.1% on the year
FY2009FY2015
Operating margin
n/a
FY2009FY2015
Net income
$383 million
+36.0% on the year
FY2009FY2015
Diluted EPS
$89.99
+41.7% on the year
FY2009FY2015
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Revenue
5,159
4,445
4,211
+16.1%
Interest expense
23.6
23.1
22.4
+1.8%
Income tax
220
172
152
+28.1%
Net income
383
282
266
+36.0%
Net margin
7.4%
6.3%
6.3%
Diluted EPS
$89.99
$63.50
$54.81
+41.7%
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Operating cash flow
n/a
185
270
Capital expenditure
18.3
31.7
19.0
-42.3%
Free cash flow
n/a
153
251
Free cash flow margin
n/a
3.4%
6.0%
Cash from investing
n/a
n/a
-34.5
Cash from financing
n/a
n/a
-523
Depreciation and amortisation
21.5
17.6
13.4
+22.3%
Share-based compensation
54.1
63.2
34.3
-14.4%
Buybacks
431
568
554
-24.0%
Diluted shares, weighted
4m
4m
5m
-4.1%
Shares outstanding at period end
4m
4m
4m
-3.9%
Balance sheet
$ million
FY2015
FY2014
FY2013
On the year
Last 8 years
Shareholders' equity
1,239
1,124
1,261
+10.2%
Debt
596
599
600
-0.6%
Other liabilities
680
628
625
+8.3%
Total liabilities and equity
2,515
2,351
2,486
+7.0%
Intangible assets
n/a
n/a
6.3
Cash and equivalents
451
545
866
-17.3%
Other assets
2,064
1,806
1,614
+14.3%
Total assets
2,515
2,351
2,486
+7.0%
10-K for the year ended 31 December 2015, filed 17 February 2016: the filing.