NVR Gross Margin 2010-2024 | NVR
- NVR average gross margin for 2023 was 26.03%, a 3.52% decline from 2022.
- NVR average gross margin for 2022 was 26.98%, a 15.74% decline from 2021.
- NVR average gross margin for 2021 was 23.31%, a 12.72% increase from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.