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Side-by-side financial comparison of NVR, Inc. (NVR) and SMITHFIELD FOODS INC (SFD). Click either name above to swap in a different company.

SMITHFIELD FOODS INC is the larger business by last-quarter revenue ($3.8B vs $2.7B, roughly 1.4× NVR, Inc.). NVR, Inc. runs the higher net margin — 13.4% vs 6.6%, a 6.9% gap on every dollar of revenue. On growth, SMITHFIELD FOODS INC posted the faster year-over-year revenue change (0.8% vs -4.7%). Over the past eight quarters, NVR, Inc.'s revenue compounded faster (7.8% CAGR vs 6.8%).

NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

NVR vs SFD — Head-to-Head

Bigger by revenue
SFD
SFD
1.4× larger
SFD
$3.8B
$2.7B
NVR
Growing faster (revenue YoY)
SFD
SFD
+5.4% gap
SFD
0.8%
-4.7%
NVR
Higher net margin
NVR
NVR
6.9% more per $
NVR
13.4%
6.6%
SFD
Faster 2-yr revenue CAGR
NVR
NVR
Annualised
NVR
7.8%
6.8%
SFD

Income Statement — Q4 FY2025 vs Q1 FY2027

Metric
NVR
NVR
SFD
SFD
Revenue
$2.7B
$3.8B
Net Profit
$363.8M
$249.0M
Gross Margin
13.4%
Operating Margin
8.8%
Net Margin
13.4%
6.6%
Revenue YoY
-4.7%
0.8%
Net Profit YoY
-20.5%
9.8%
EPS (diluted)
$120.85

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NVR
NVR
SFD
SFD
Q1 26
$3.8B
Q4 25
$2.7B
$4.2B
Q3 25
$2.6B
$3.7B
Q2 25
$2.6B
$3.8B
Q1 25
$2.4B
$3.8B
Q4 24
$2.8B
$4.0B
Q3 24
$2.7B
$3.3B
Q2 24
$2.6B
Net Profit
NVR
NVR
SFD
SFD
Q1 26
$249.0M
Q4 25
$363.8M
$327.0M
Q3 25
$342.7M
$248.0M
Q2 25
$333.7M
$188.0M
Q1 25
$299.6M
$224.0M
Q4 24
$457.4M
$205.0M
Q3 24
$429.3M
$291.0M
Q2 24
$400.9M
Gross Margin
NVR
NVR
SFD
SFD
Q1 26
13.4%
Q4 25
14.2%
Q3 25
12.8%
Q2 25
13.2%
Q1 25
13.5%
Q4 24
13.5%
Q3 24
14.3%
Q2 24
Operating Margin
NVR
NVR
SFD
SFD
Q1 26
8.8%
Q4 25
9.5%
Q3 25
8.3%
Q2 25
6.9%
Q1 25
8.5%
Q4 24
8.5%
Q3 24
8.5%
Q2 24
Net Margin
NVR
NVR
SFD
SFD
Q1 26
6.6%
Q4 25
13.4%
7.7%
Q3 25
13.1%
6.6%
Q2 25
12.8%
5.0%
Q1 25
12.5%
5.9%
Q4 24
16.1%
5.2%
Q3 24
15.7%
8.7%
Q2 24
15.3%
EPS (diluted)
NVR
NVR
SFD
SFD
Q1 26
Q4 25
$120.85
$0.83
Q3 25
$112.33
$0.63
Q2 25
$108.54
$0.48
Q1 25
$94.83
$0.57
Q4 24
$139.09
$0.54
Q3 24
$130.50
$0.77
Q2 24
$120.69

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NVR
NVR
SFD
SFD
Cash + ST InvestmentsLiquidity on hand
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.9B
$6.9B
Total Assets
$5.9B
$12.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVR
NVR
SFD
SFD
Q1 26
$1.4B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
NVR
NVR
SFD
SFD
Q1 26
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$2.0B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
Q2 24
Stockholders' Equity
NVR
NVR
SFD
SFD
Q1 26
$6.9B
Q4 25
$3.9B
$6.8B
Q3 25
$4.0B
$6.5B
Q2 25
$3.8B
$6.3B
Q1 25
$4.0B
$6.2B
Q4 24
$4.2B
$5.8B
Q3 24
$4.3B
Q2 24
$4.1B
Total Assets
NVR
NVR
SFD
SFD
Q1 26
$12.0B
Q4 25
$5.9B
$12.2B
Q3 25
$6.0B
$11.5B
Q2 25
$5.9B
$11.2B
Q1 25
$6.2B
$11.1B
Q4 24
$6.4B
$11.1B
Q3 24
$6.5B
Q2 24
$6.4B
Debt / Equity
NVR
NVR
SFD
SFD
Q1 26
Q4 25
0.29×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.32×
Q4 24
0.34×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NVR
NVR
SFD
SFD
Operating Cash FlowLast quarter
$439.7M
Free Cash FlowOCF − Capex
$436.0M
FCF MarginFCF / Revenue
16.1%
Capex IntensityCapex / Revenue
0.1%
2.3%
Cash ConversionOCF / Net Profit
1.21×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVR
NVR
SFD
SFD
Q1 26
Q4 25
$439.7M
$938.0M
Q3 25
$438.7M
$13.0M
Q2 25
$35.1M
$274.0M
Q1 25
$207.8M
$-166.0M
Q4 24
$637.0M
Q3 24
$358.3M
Q2 24
$232.7M
Free Cash Flow
NVR
NVR
SFD
SFD
Q1 26
Q4 25
$436.0M
$842.0M
Q3 25
$433.3M
$-75.0M
Q2 25
$26.8M
$196.0M
Q1 25
$200.7M
$-245.0M
Q4 24
$631.5M
Q3 24
$350.1M
Q2 24
$226.3M
FCF Margin
NVR
NVR
SFD
SFD
Q1 26
Q4 25
16.1%
19.9%
Q3 25
16.6%
-2.0%
Q2 25
1.0%
5.2%
Q1 25
8.4%
-6.5%
Q4 24
22.2%
Q3 24
12.8%
Q2 24
8.7%
Capex Intensity
NVR
NVR
SFD
SFD
Q1 26
2.3%
Q4 25
0.1%
2.3%
Q3 25
0.2%
2.3%
Q2 25
0.3%
2.1%
Q1 25
0.3%
2.1%
Q4 24
0.2%
2.1%
Q3 24
0.3%
2.8%
Q2 24
0.2%
Cash Conversion
NVR
NVR
SFD
SFD
Q1 26
Q4 25
1.21×
2.87×
Q3 25
1.28×
0.05×
Q2 25
0.11×
1.46×
Q1 25
0.69×
-0.74×
Q4 24
1.39×
Q3 24
0.83×
Q2 24
0.58×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NVR
NVR

Home Building Segment$2.6B97%
Mortgage Banking Segment$77.4M3%

SFD
SFD

Segment breakdown not available.

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