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

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $1.8B, roughly 1.0× NVR, Inc.). T. Rowe Price runs the higher net margin — 26.1% vs 10.8%, a 15.3% gap on every dollar of revenue. On growth, T. Rowe Price posted the faster year-over-year revenue change (-4.0% vs -21.9%). Over the past eight quarters, T. Rowe Price's revenue compounded faster (3.5% CAGR vs -16.2%).

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.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

NVR vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.0× larger
TROW
$1.9B
$1.8B
NVR
Growing faster (revenue YoY)
TROW
TROW
+17.9% gap
TROW
-4.0%
-21.9%
NVR
Higher net margin
TROW
TROW
15.3% more per $
TROW
26.1%
10.8%
NVR
Faster 2-yr revenue CAGR
TROW
TROW
Annualised
TROW
3.5%
-16.2%
NVR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NVR
NVR
TROW
TROW
Revenue
$1.8B
$1.9B
Net Profit
$198.4M
$484.1M
Gross Margin
180.4%
Operating Margin
36.6%
Net Margin
10.8%
26.1%
Revenue YoY
-21.9%
-4.0%
Net Profit YoY
2.7%
EPS (diluted)
$67.76
$2.23

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
TROW
TROW
Q1 26
$1.8B
$1.9B
Q4 25
$2.7B
$1.9B
Q3 25
$2.6B
$1.9B
Q2 25
$2.6B
$1.7B
Q1 25
$2.4B
$1.8B
Q4 24
$2.8B
$1.8B
Q3 24
$2.7B
$1.8B
Q2 24
$2.6B
$1.7B
Net Profit
NVR
NVR
TROW
TROW
Q1 26
$198.4M
$484.1M
Q4 25
$363.8M
$445.3M
Q3 25
$342.7M
$646.1M
Q2 25
$333.7M
$505.2M
Q1 25
$299.6M
$490.5M
Q4 24
$457.4M
$439.9M
Q3 24
$429.3M
$603.0M
Q2 24
$400.9M
$483.4M
Gross Margin
NVR
NVR
TROW
TROW
Q1 26
180.4%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
NVR
NVR
TROW
TROW
Q1 26
36.6%
Q4 25
24.4%
Q3 25
34.0%
Q2 25
27.8%
Q1 25
33.8%
Q4 24
31.2%
Q3 24
34.4%
Q2 24
32.6%
Net Margin
NVR
NVR
TROW
TROW
Q1 26
10.8%
26.1%
Q4 25
13.4%
23.0%
Q3 25
13.1%
34.1%
Q2 25
12.8%
29.3%
Q1 25
12.5%
27.8%
Q4 24
16.1%
24.1%
Q3 24
15.7%
33.8%
Q2 24
15.3%
27.9%
EPS (diluted)
NVR
NVR
TROW
TROW
Q1 26
$67.76
$2.23
Q4 25
$120.85
$1.98
Q3 25
$112.33
$2.87
Q2 25
$108.54
$2.24
Q1 25
$94.83
$2.15
Q4 24
$139.09
$1.91
Q3 24
$130.50
$2.64
Q2 24
$120.69
$2.11

Balance Sheet & Financial Strength

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

Metric
NVR
NVR
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$1.6B
$3.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$974.7M
Total Assets
$5.6B
$14.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVR
NVR
TROW
TROW
Q1 26
$1.6B
$3.7B
Q4 25
$3.4B
Q3 25
$3.6B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$3.2B
Q2 24
$2.7B
Stockholders' Equity
NVR
NVR
TROW
TROW
Q1 26
$3.5B
$974.7M
Q4 25
$3.9B
$10.9B
Q3 25
$4.0B
$10.8B
Q2 25
$3.8B
$10.6B
Q1 25
$4.0B
$10.4B
Q4 24
$4.2B
$10.3B
Q3 24
$4.3B
$10.2B
Q2 24
$4.1B
$9.9B
Total Assets
NVR
NVR
TROW
TROW
Q1 26
$5.6B
$14.4B
Q4 25
$5.9B
$14.3B
Q3 25
$6.0B
$14.7B
Q2 25
$5.9B
$14.3B
Q1 25
$6.2B
$14.0B
Q4 24
$6.4B
$13.5B
Q3 24
$6.5B
$13.7B
Q2 24
$6.4B
$13.1B

Financial Flow Comparison

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

Revenue Breakdown by Segment

NVR
NVR

Segment breakdown not available.

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

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