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

Sempra is the larger business by last-quarter revenue ($3.3B vs $2.7B, roughly 1.2× NVR, Inc.). NVR, Inc. runs the higher net margin — 13.4% vs 10.7%, a 2.7% gap on every dollar of revenue. On growth, Sempra posted the faster year-over-year revenue change (6.9% vs -4.7%). NVR, Inc. produced more free cash flow last quarter ($436.0M vs $-2.2B). Over the past eight quarters, NVR, Inc.'s revenue compounded faster (7.8% CAGR vs -5.8%).

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.

Sempra is a North American public utility holding company based in San Diego, California. The company is one of the largest utility holding companies in the United States with nearly 40 million consumers.

NVR vs SRE — Head-to-Head

Bigger by revenue
SRE
SRE
1.2× larger
SRE
$3.3B
$2.7B
NVR
Growing faster (revenue YoY)
SRE
SRE
+11.6% gap
SRE
6.9%
-4.7%
NVR
Higher net margin
NVR
NVR
2.7% more per $
NVR
13.4%
10.7%
SRE
More free cash flow
NVR
NVR
$2.7B more FCF
NVR
$436.0M
$-2.2B
SRE
Faster 2-yr revenue CAGR
NVR
NVR
Annualised
NVR
7.8%
-5.8%
SRE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NVR
NVR
SRE
SRE
Revenue
$2.7B
$3.3B
Net Profit
$363.8M
$352.0M
Gross Margin
Operating Margin
7.2%
Net Margin
13.4%
10.7%
Revenue YoY
-4.7%
6.9%
Net Profit YoY
-20.5%
-47.9%
EPS (diluted)
$120.85
$0.53

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
SRE
SRE
Q4 25
$2.7B
$3.3B
Q3 25
$2.6B
$2.8B
Q2 25
$2.6B
$2.7B
Q1 25
$2.4B
$3.7B
Q4 24
$2.8B
$3.1B
Q3 24
$2.7B
$2.6B
Q2 24
$2.6B
$2.5B
Q1 24
$2.3B
$3.7B
Net Profit
NVR
NVR
SRE
SRE
Q4 25
$363.8M
$352.0M
Q3 25
$342.7M
$95.0M
Q2 25
$333.7M
$473.0M
Q1 25
$299.6M
$917.0M
Q4 24
$457.4M
$676.0M
Q3 24
$429.3M
$649.0M
Q2 24
$400.9M
$725.0M
Q1 24
$394.3M
$812.0M
Operating Margin
NVR
NVR
SRE
SRE
Q4 25
7.2%
Q3 25
10.6%
Q2 25
17.3%
Q1 25
21.5%
Q4 24
35.0%
Q3 24
12.9%
Q2 24
18.8%
Q1 24
22.7%
Net Margin
NVR
NVR
SRE
SRE
Q4 25
13.4%
10.7%
Q3 25
13.1%
3.4%
Q2 25
12.8%
17.5%
Q1 25
12.5%
24.9%
Q4 24
16.1%
22.0%
Q3 24
15.7%
25.3%
Q2 24
15.3%
29.2%
Q1 24
16.9%
22.0%
EPS (diluted)
NVR
NVR
SRE
SRE
Q4 25
$120.85
$0.53
Q3 25
$112.33
$0.12
Q2 25
$108.54
$0.71
Q1 25
$94.83
$1.39
Q4 24
$139.09
$1.04
Q3 24
$130.50
$1.00
Q2 24
$120.69
$1.12
Q1 24
$116.41
$1.26

Balance Sheet & Financial Strength

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

Metric
NVR
NVR
SRE
SRE
Cash + ST InvestmentsLiquidity on hand
$29.0M
Total DebtLower is stronger
$29.0B
Stockholders' EquityBook value
$3.9B
$31.6B
Total Assets
$5.9B
$110.9B
Debt / EquityLower = less leverage
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVR
NVR
SRE
SRE
Q4 25
$29.0M
Q3 25
$5.0M
Q2 25
$155.0M
Q1 25
$1.7B
Q4 24
$1.6B
Q3 24
$560.0M
Q2 24
$228.0M
Q1 24
$606.0M
Total Debt
NVR
NVR
SRE
SRE
Q4 25
$29.0B
Q3 25
$29.0B
Q2 25
$34.9B
Q1 25
$33.3B
Q4 24
$31.6B
Q3 24
$31.0B
Q2 24
$29.0B
Q1 24
$29.5B
Stockholders' Equity
NVR
NVR
SRE
SRE
Q4 25
$3.9B
$31.6B
Q3 25
$4.0B
$31.2B
Q2 25
$3.8B
$31.7B
Q1 25
$4.0B
$31.6B
Q4 24
$4.2B
$31.2B
Q3 24
$4.3B
$29.7B
Q2 24
$4.1B
$29.5B
Q1 24
$4.3B
$29.1B
Total Assets
NVR
NVR
SRE
SRE
Q4 25
$5.9B
$110.9B
Q3 25
$6.0B
$106.9B
Q2 25
$5.9B
$99.9B
Q1 25
$6.2B
$99.0B
Q4 24
$6.4B
$96.2B
Q3 24
$6.5B
$93.7B
Q2 24
$6.4B
$90.5B
Q1 24
$6.5B
$89.6B
Debt / Equity
NVR
NVR
SRE
SRE
Q4 25
0.92×
Q3 25
0.93×
Q2 25
1.10×
Q1 25
1.05×
Q4 24
1.01×
Q3 24
1.04×
Q2 24
0.98×
Q1 24
1.01×

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
SRE
SRE
Operating Cash FlowLast quarter
$439.7M
$1.2B
Free Cash FlowOCF − Capex
$436.0M
$-2.2B
FCF MarginFCF / Revenue
16.1%
-67.7%
Capex IntensityCapex / Revenue
0.1%
104.0%
Cash ConversionOCF / Net Profit
1.21×
3.38×
TTM Free Cash FlowTrailing 4 quarters
$1.1B
$-6.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVR
NVR
SRE
SRE
Q4 25
$439.7M
$1.2B
Q3 25
$438.7M
$1.1B
Q2 25
$35.1M
$784.0M
Q1 25
$207.8M
$1.5B
Q4 24
$637.0M
$1.4B
Q3 24
$358.3M
$1.0B
Q2 24
$232.7M
$669.0M
Q1 24
$146.5M
$1.9B
Free Cash Flow
NVR
NVR
SRE
SRE
Q4 25
$436.0M
$-2.2B
Q3 25
$433.3M
$-1.5B
Q2 25
$26.8M
$-1.5B
Q1 25
$200.7M
$-854.0M
Q4 24
$631.5M
$-1.1B
Q3 24
$350.1M
$-913.0M
Q2 24
$226.3M
$-1.2B
Q1 24
$137.5M
$-82.0M
FCF Margin
NVR
NVR
SRE
SRE
Q4 25
16.1%
-67.7%
Q3 25
16.6%
-52.6%
Q2 25
1.0%
-56.3%
Q1 25
8.4%
-23.2%
Q4 24
22.2%
-35.4%
Q3 24
12.8%
-35.5%
Q2 24
8.7%
-49.4%
Q1 24
5.9%
-2.2%
Capex Intensity
NVR
NVR
SRE
SRE
Q4 25
0.1%
104.0%
Q3 25
0.2%
92.9%
Q2 25
0.3%
85.3%
Q1 25
0.3%
63.5%
Q4 24
0.2%
79.9%
Q3 24
0.3%
75.3%
Q2 24
0.2%
76.4%
Q1 24
0.4%
52.3%
Cash Conversion
NVR
NVR
SRE
SRE
Q4 25
1.21×
3.38×
Q3 25
1.28×
11.68×
Q2 25
0.11×
1.66×
Q1 25
0.69×
1.62×
Q4 24
1.39×
2.02×
Q3 24
0.83×
1.57×
Q2 24
0.58×
0.92×
Q1 24
0.37×
2.28×

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%

SRE
SRE

Segment breakdown not available.

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