NVR (NVR) FY2016 results: revenue $5.8 billion, up 12.9% on the year
NVR Inc. (NVR) reported revenue of $5.8 billion for fiscal 2016, the year ended 31 December 2016, up 12.9% on the year before. Net income was $425 million, up 11.1%, and diluted earnings per share $103.61. The figures are the company's own, from the 10-K it filed with the SEC on 15 February 2017.
Revenue
$5.8 billion
+12.9% on the year
FY2009FY2016
Operating margin
n/a
FY2009FY2016
Net income
$425 million
+11.1% on the year
FY2009FY2016
Diluted EPS
$103.61
+15.1% on the year
FY2009FY2016
this yearthe year beforeHover a bar for its figure.
The year in brief
Income statement (profit and loss)
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Revenue
5,823
5,159
4,445
+12.9%
Interest expense
21.7
23.6
23.1
-7.9%
Income tax
236
220
172
+7.3%
Net income
425
383
282
+11.1%
Net margin
7.3%
7.4%
6.3%
Diluted EPS
$103.61
$89.99
$63.50
+15.1%
$ 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
FY2016
FY2015
FY2014
On the year
Last 8 years
Operating cash flow
n/a
n/a
185
Capital expenditure
22.4
18.3
31.7
+22.4%
Free cash flow
n/a
n/a
153
Free cash flow margin
n/a
n/a
3.4%
Depreciation and amortisation
22.3
21.5
17.6
+3.4%
Share-based compensation
43.6
54.1
63.2
-19.4%
Buybacks
455
431
568
+5.6%
Diluted shares, weighted
4m
4m
4m
-3.5%
Shares outstanding at period end
4m
4m
4m
-5.1%
Balance sheet
$ million
FY2016
FY2015
FY2014
On the year
Last 8 years
Shareholders' equity
1,304
1,239
1,124
+5.3%
Debt
596
596
599
+0.1%
Other liabilities
743
680
628
+9.3%
Total liabilities and equity
2,644
2,515
2,351
+5.1%
Cash and equivalents
416
451
545
-7.7%
Other assets
2,228
2,064
1,806
+7.9%
Total assets
2,644
2,515
2,351
+5.1%
10-K for the year ended 31 December 2016, filed 15 February 2017: the filing.