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

Viatris is the larger business by last-quarter revenue ($3.7B vs $1.8B, roughly 2.0× NVR, Inc.). On growth, Viatris posted the faster year-over-year revenue change (5.0% vs -21.9%). Over the past eight quarters, Viatris's revenue compounded faster (0.5% 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.

Viatris Inc. is an American global pharmaceutical and healthcare corporation headquartered in Canonsburg, Pennsylvania. The corporation was formed through the merger of Mylan and Upjohn, a legacy division of Pfizer, on November 16, 2020.

NVR vs VTRS — Head-to-Head

Bigger by revenue
VTRS
VTRS
2.0× larger
VTRS
$3.7B
$1.8B
NVR
Growing faster (revenue YoY)
VTRS
VTRS
+26.9% gap
VTRS
5.0%
-21.9%
NVR
Faster 2-yr revenue CAGR
VTRS
VTRS
Annualised
VTRS
0.5%
-16.2%
NVR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
NVR
NVR
VTRS
VTRS
Revenue
$1.8B
$3.7B
Net Profit
$198.4M
Gross Margin
180.4%
31.1%
Operating Margin
-5.2%
Net Margin
10.8%
Revenue YoY
-21.9%
5.0%
Net Profit YoY
EPS (diluted)
$67.76
$-0.34

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
VTRS
VTRS
Q1 26
$1.8B
Q4 25
$2.7B
$3.7B
Q3 25
$2.6B
$3.7B
Q2 25
$2.6B
$3.6B
Q1 25
$2.4B
$3.2B
Q4 24
$2.8B
$3.5B
Q3 24
$2.7B
$3.7B
Q2 24
$2.6B
$3.8B
Net Profit
NVR
NVR
VTRS
VTRS
Q1 26
$198.4M
Q4 25
$363.8M
Q3 25
$342.7M
Q2 25
$333.7M
Q1 25
$299.6M
Q4 24
$457.4M
Q3 24
$429.3M
Q2 24
$400.9M
Gross Margin
NVR
NVR
VTRS
VTRS
Q1 26
180.4%
Q4 25
31.1%
Q3 25
36.6%
Q2 25
37.3%
Q1 25
35.8%
Q4 24
34.6%
Q3 24
39.0%
Q2 24
38.2%
Operating Margin
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
-5.2%
Q3 25
4.8%
Q2 25
6.5%
Q1 25
-88.9%
Q4 24
-5.1%
Q3 24
6.0%
Q2 24
-6.3%
Net Margin
NVR
NVR
VTRS
VTRS
Q1 26
10.8%
Q4 25
13.4%
Q3 25
13.1%
Q2 25
12.8%
Q1 25
12.5%
Q4 24
16.1%
Q3 24
15.7%
Q2 24
15.3%
EPS (diluted)
NVR
NVR
VTRS
VTRS
Q1 26
$67.76
Q4 25
$120.85
$-0.34
Q3 25
$112.33
$-0.11
Q2 25
$108.54
$0.00
Q1 25
$94.83
$-2.55
Q4 24
$139.09
$-0.43
Q3 24
$130.50
$0.08
Q2 24
$120.69
$-0.27

Balance Sheet & Financial Strength

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

Metric
NVR
NVR
VTRS
VTRS
Cash + ST InvestmentsLiquidity on hand
$1.6B
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$14.7B
Total Assets
$5.6B
$37.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NVR
NVR
VTRS
VTRS
Q1 26
$1.6B
Q4 25
$1.3B
Q3 25
$975.3M
Q2 25
$566.4M
Q1 25
$755.0M
Q4 24
$734.8M
Q3 24
$1.9B
Q2 24
$917.2M
Stockholders' Equity
NVR
NVR
VTRS
VTRS
Q1 26
$3.5B
Q4 25
$3.9B
$14.7B
Q3 25
$4.0B
$15.2B
Q2 25
$3.8B
$15.6B
Q1 25
$4.0B
$15.7B
Q4 24
$4.2B
$18.6B
Q3 24
$4.3B
$19.8B
Q2 24
$4.1B
$19.5B
Total Assets
NVR
NVR
VTRS
VTRS
Q1 26
$5.6B
Q4 25
$5.9B
$37.2B
Q3 25
$6.0B
$37.9B
Q2 25
$5.9B
$38.4B
Q1 25
$6.2B
$38.5B
Q4 24
$6.4B
$41.5B
Q3 24
$6.5B
$44.8B
Q2 24
$6.4B
$45.3B

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
VTRS
VTRS
Operating Cash FlowLast quarter
$815.8M
Free Cash FlowOCF − Capex
$619.3M
FCF MarginFCF / Revenue
16.8%
Capex IntensityCapex / Revenue
5.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
$439.7M
$815.8M
Q3 25
$438.7M
$744.9M
Q2 25
$35.1M
$219.7M
Q1 25
$207.8M
$535.5M
Q4 24
$637.0M
$482.7M
Q3 24
$358.3M
$826.5M
Q2 24
$232.7M
$379.1M
Free Cash Flow
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
$436.0M
$619.3M
Q3 25
$433.3M
$658.1M
Q2 25
$26.8M
$166.8M
Q1 25
$200.7M
$492.9M
Q4 24
$631.5M
$342.3M
Q3 24
$350.1M
$749.5M
Q2 24
$226.3M
$320.3M
FCF Margin
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
16.1%
16.8%
Q3 25
16.6%
17.6%
Q2 25
1.0%
4.7%
Q1 25
8.4%
15.2%
Q4 24
22.2%
9.7%
Q3 24
12.8%
20.1%
Q2 24
8.7%
8.5%
Capex Intensity
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
0.1%
5.3%
Q3 25
0.2%
2.3%
Q2 25
0.3%
1.5%
Q1 25
0.3%
1.3%
Q4 24
0.2%
4.0%
Q3 24
0.3%
2.1%
Q2 24
0.2%
1.6%
Cash Conversion
NVR
NVR
VTRS
VTRS
Q1 26
Q4 25
1.21×
Q3 25
1.28×
Q2 25
0.11×
Q1 25
0.69×
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

Segment breakdown not available.

VTRS
VTRS

Brands$1.2B32%
Generics$1.1B29%
Lipitor$377.3M10%
Norvasc$175.2M5%
Other$136.6M4%
Lyrica$119.8M3%
Viagra$104.2M3%
Creon$98.9M3%
Epi Pen Auto Injectors$79.0M2%
Yupelri$70.6M2%
Effexor$68.1M2%
Zoloft$66.8M2%
Celebrex$66.2M2%
Xalabrands$42.0M1%
Dymista$38.6M1%

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