Post 200: Top D.C.-Area Businesses

NVR Inc. / NVR

About NVR Inc.

11700 Plaza America Dr., Suite 500, Reston, Va. 20190
www.nvrinc.com | 703-956-4000 | Founded: 1980

Industry: Real Estate | Category: Public Companies

The home builder posted profits until the fourth quarter of 2008, when a write-down of the value of its land deposits led to a $30.5 million loss. With more than $1 billion of cash on its books, a strong presence in the Mid-Atlantic and a conservative land-acquisition strategy, NVR is better positioned to withstand the downturn than many of its rivals. It builds under the Ryan Homes, NVHomes and Fox Ridge Homes names.

President and CEO: Paul C. Saville

2008 Financial Data

Revenues: $3,693,039,000 | Net Income: $100,892,000
Asssets: $2,103,236,000 | Earnings Per Share: $17.04
Stockholder Equity: $1,373,789,000 | Annual Dividend: $0.00
Total employees: 2,845 | Local employees: 650
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