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

NVR, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× TETRA TECH INC). NVR, Inc. runs the higher net margin — 10.8% vs 7.7%, a 3.1% gap on every dollar of revenue. On growth, TETRA TECH INC posted the faster year-over-year revenue change (-7.7% vs -21.9%). Over the past eight quarters, TETRA TECH INC's revenue compounded faster (-5.8% 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.

Tetra Tech, Inc. is an American consulting and engineering services firm based in Pasadena, California. The company provides consulting, engineering, program management, and construction management services in the areas of water, environment, infrastructure, resource management, energy, and international development.

NVR vs TTEK — Head-to-Head

Bigger by revenue
NVR
NVR
1.5× larger
NVR
$1.8B
$1.2B
TTEK
Growing faster (revenue YoY)
TTEK
TTEK
+14.2% gap
TTEK
-7.7%
-21.9%
NVR
Higher net margin
NVR
NVR
3.1% more per $
NVR
10.8%
7.7%
TTEK
Faster 2-yr revenue CAGR
TTEK
TTEK
Annualised
TTEK
-5.8%
-16.2%
NVR

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
NVR
NVR
TTEK
TTEK
Revenue
$1.8B
$1.2B
Net Profit
$198.4M
$93.8M
Gross Margin
180.4%
17.5%
Operating Margin
10.8%
Net Margin
10.8%
7.7%
Revenue YoY
-21.9%
-7.7%
Net Profit YoY
-52.9%
EPS (diluted)
$67.76
$0.36

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
TTEK
TTEK
Q2 26
$1.2B
Q1 26
$1.8B
Q4 25
$2.7B
$1.2B
Q3 25
$2.6B
$1.3B
Q2 25
$2.6B
$1.4B
Q1 25
$2.4B
$1.3B
Q4 24
$2.8B
$1.4B
Q3 24
$2.7B
$1.4B
Net Profit
NVR
NVR
TTEK
TTEK
Q2 26
$93.8M
Q1 26
$198.4M
Q4 25
$363.8M
$105.2M
Q3 25
$342.7M
$127.9M
Q2 25
$333.7M
$113.8M
Q1 25
$299.6M
$5.4M
Q4 24
$457.4M
$778.0K
Q3 24
$429.3M
$96.2M
Gross Margin
NVR
NVR
TTEK
TTEK
Q2 26
17.5%
Q1 26
180.4%
Q4 25
18.2%
Q3 25
20.6%
Q2 25
18.4%
Q1 25
16.2%
Q4 24
15.6%
Q3 24
17.8%
Operating Margin
NVR
NVR
TTEK
TTEK
Q2 26
10.8%
Q1 26
Q4 25
11.6%
Q3 25
13.6%
Q2 25
12.0%
Q1 25
3.0%
Q4 24
1.6%
Q3 24
10.4%
Net Margin
NVR
NVR
TTEK
TTEK
Q2 26
7.7%
Q1 26
10.8%
Q4 25
13.4%
8.7%
Q3 25
13.1%
9.6%
Q2 25
12.8%
8.3%
Q1 25
12.5%
0.4%
Q4 24
16.1%
0.1%
Q3 24
15.7%
7.0%
EPS (diluted)
NVR
NVR
TTEK
TTEK
Q2 26
$0.36
Q1 26
$67.76
Q4 25
$120.85
$0.40
Q3 25
$112.33
$0.48
Q2 25
$108.54
$0.43
Q1 25
$94.83
$0.02
Q4 24
$139.09
$0.00
Q3 24
$130.50
$-3.18

Balance Sheet & Financial Strength

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

Metric
NVR
NVR
TTEK
TTEK
Cash + ST InvestmentsLiquidity on hand
$1.6B
$223.6M
Total DebtLower is stronger
$880.2M
Stockholders' EquityBook value
$3.5B
$1.9B
Total Assets
$5.6B
$4.4B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVR
NVR
TTEK
TTEK
Q2 26
$223.6M
Q1 26
$1.6B
Q4 25
$269.4M
Q3 25
$167.5M
Q2 25
$242.8M
Q1 25
$179.4M
Q4 24
$248.1M
Q3 24
$232.7M
Total Debt
NVR
NVR
TTEK
TTEK
Q2 26
$880.2M
Q1 26
Q4 25
$837.1M
Q3 25
$766.4M
Q2 25
Q1 25
$1.0B
Q4 24
$888.5M
Q3 24
$812.6M
Stockholders' Equity
NVR
NVR
TTEK
TTEK
Q2 26
$1.9B
Q1 26
$3.5B
Q4 25
$3.9B
$1.8B
Q3 25
$4.0B
$1.8B
Q2 25
$3.8B
$1.7B
Q1 25
$4.0B
$1.6B
Q4 24
$4.2B
$1.7B
Q3 24
$4.3B
$1.8B
Total Assets
NVR
NVR
TTEK
TTEK
Q2 26
$4.4B
Q1 26
$5.6B
Q4 25
$5.9B
$4.3B
Q3 25
$6.0B
$4.3B
Q2 25
$5.9B
$4.4B
Q1 25
$6.2B
$4.2B
Q4 24
$6.4B
$4.2B
Q3 24
$6.5B
$4.2B
Debt / Equity
NVR
NVR
TTEK
TTEK
Q2 26
0.47×
Q1 26
Q4 25
0.45×
Q3 25
0.43×
Q2 25
Q1 25
0.64×
Q4 24
0.53×
Q3 24
0.44×

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
TTEK
TTEK
Operating Cash FlowLast quarter
$237.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVR
NVR
TTEK
TTEK
Q2 26
$237.6M
Q1 26
Q4 25
$439.7M
$72.3M
Q3 25
$438.7M
$100.8M
Q2 25
$35.1M
$349.6M
Q1 25
$207.8M
$-5.8M
Q4 24
$637.0M
$13.1M
Q3 24
$358.3M
$105.6M
Free Cash Flow
NVR
NVR
TTEK
TTEK
Q2 26
Q1 26
Q4 25
$436.0M
$68.1M
Q3 25
$433.3M
$95.6M
Q2 25
$26.8M
$345.6M
Q1 25
$200.7M
$-11.8M
Q4 24
$631.5M
$9.6M
Q3 24
$350.1M
$98.8M
FCF Margin
NVR
NVR
TTEK
TTEK
Q2 26
Q1 26
Q4 25
16.1%
5.6%
Q3 25
16.6%
7.2%
Q2 25
1.0%
25.2%
Q1 25
8.4%
-0.9%
Q4 24
22.2%
0.7%
Q3 24
12.8%
7.2%
Capex Intensity
NVR
NVR
TTEK
TTEK
Q2 26
Q1 26
Q4 25
0.1%
0.3%
Q3 25
0.2%
0.4%
Q2 25
0.3%
0.3%
Q1 25
0.3%
0.4%
Q4 24
0.2%
0.2%
Q3 24
0.3%
0.5%
Cash Conversion
NVR
NVR
TTEK
TTEK
Q2 26
2.53×
Q1 26
Q4 25
1.21×
0.69×
Q3 25
1.28×
0.79×
Q2 25
0.11×
3.07×
Q1 25
0.69×
-1.08×
Q4 24
1.39×
16.79×
Q3 24
0.83×
1.10×

Financial Flow Comparison

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

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