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Reston, Virginia-based NVR, Inc. (NVR) operates as a homebuilder in the U.S. Valued at $21.8 billion by market cap, the company builds single-family detached homes, town homes, and condominium buildings under the Ryan Homes, NVHomes, and other trade names. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and NVR perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the residential construction industry. NVR’s strategic lot acquisition approach through LPAs and joint ventures has led to control of 135,800 lots, setting the company up for continued growth. These investments in joint ventures showcase a forward-thinking approach to resource management and expansion.