NVR NVR, Inc. Common Stock
$6217.21
Price · Aug 18, 2026
Fundamentals as of Aug 5, 2026
52W Range
$5501–$8618
23% of range
Analyst Rating
SELL
14 analysts
Price Target
$6782
+9% upside
P/E (TTM)
14.2
ROE
34.8%
Net Profit Margin
13.0%
About NVR, Inc. Common Stock Company overview from Wikipedia
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.
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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.
NVR operates under the Ryan Homes, NVHomes, and Heartland Homes brands. The company typically does not engage in land development; it acquires finished land lots that are ready for building, which the company believes mitigates risk. As of 2023, the company is the 4th largest home construction company in the United States based on the number of homes closed. It is ranked 389th on the 2022 Fortune 500.
The company's stock price is the second most expensive on U.S. exchanges, behind only Berkshire Hathaway's Class A shares.
History
The company was formed in 1980 as NVHomes, Inc. (formerly North Virginia Homes Inc.) by Dwight Schar.
In 1986, the company acquired Ryan Homes, founded in 1948 in Pittsburgh, Pennsylvania, to provide housing in the expanding post-war economy.
In April 1992, as a result of the early 1990s recession, the company filed bankruptcy.
In September 1993, the company emerged from bankruptcy protection and once again became a public company.
In December 2012, the company acquired Heartland Homes.
In September 2019, the company was added to the S&P 500 stock market index.
Controversies
In February 2010, then Attorney General of Delaware, Beau Biden, sued the company for fraud, seeking damages of $10,000 for each of 39 homeowners, alleging that the company did not provide promised amenities, primarily a clubhouse with restaurant and fitness center, for homeowners of a development built by the company in Townsend, Delaware. The lawsuit was settled in April 2010, with the company agreeing to complete development of the promised amenities and reimburse homeowners for the period when they have been paying for promised amenities that they did not receive.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
NVR Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$6217.21
Market Cap
$17.40B
P/E (TTM)
14.2
EPS (TTM)
$436.55
Revenue (TTM)
$10.32B
Div Yield
—
ROE
34.8%
Debt/Equity
—
52W Range
$5501 – $8618
NVR Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$10.32B
2016-12-31
→
2025-12-31
EPS
$436.55
2016-12-31
→
2025-12-31
Free Cash Flow
$1.10B
2016-12-31
→
2025-12-31
Margins
13.0%
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
NVR
Peer Median
P/E (TTM)
14.2
12.6
P/S (TTM)
1.7
1.1
P/B
4.5
1.8
Price / FCF
15.9
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
NVR
Peer Median
Net Profit Margin
13.0%
8.3%
ROA
21.9%
9.5%
ROE
34.8%
13.7%
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
NVR
Peer Median
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
NVR
Peer Median
Revenue YoY
-1.9%
—
Revenue CAGR 3Y
-0.65%
—
Revenue CAGR 5Y
6.5%
—
EPS YoY
-13.8%
—
Net Income YoY
-20.3%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
NVR
Peer Median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
—
Payout Ratio
—
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| Feb. 23, 1990 | $0.1670 |
| Oct. 26, 1989 | $0.2300 |
| July 26, 1989 | $0.2220 |
| April 19, 1989 | $0.2020 |
| Feb. 16, 1989 | $0.1920 |
| Nov. 8, 1988 | $0.1300 |
| July 26, 1988 | $0.1250 |
| March 25, 1988 | $0.0800 |
| Dec. 24, 1987 | $0.1500 |
| Sept. 25, 1987 | $0.0840 |
NVR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
HOLD
14 analysts
- Strong Buy 2 14.3%
- Buy 0 0.0%
- Hold 5 35.7%
- Sell 6 42.9%
- Strong Sell 1 7.1%
12-Month Price Target
5 analysts · 2026-08-18
Median
$7000.00
Mean
$6782.00
Now
$6217.21
Low
$5664.00
High
$7446.00
Median target
$7000.00
+12.6%
Mean target
$6782.00
+9.1%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
-1.9%
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| June 30, 2026 | $83.96 | $90.88 | -6.9% |
| March 31, 2026 | $67.76 | $77.14 | -9.4% |
| Dec. 31, 2025 | $121.54 | $106.96 | 14.6% |
| Sept. 30, 2025 | $112.33 | $110.45 | 1.9% |
| June 30, 2025 | $108.54 | $107.51 | 1.0% |
| March 31, 2025 | $94.83 | $107.13 | -12.3% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| NVR | $20.42B | 16.7 | -1.9% | 13.0% | 34.8% | — |
| DHI | $49.90B | 14.6 | -6.9% | 10.5% | 14.5% | — |
| PHM | $22.60B | 10.5 | -3.5% | 12.8% | 17.4% | — |
| LEN | — | — | — | — | — | — |
| TOL | $12.79B | 10.0 | 1.1% | 12.3% | 16.9% | — |
| IBP | $7.00B | 26.7 | 1.0% | 8.9% | 38.6% | 34.0% |
| SKY | $3.98B | 19.8 | 7.3% | 7.8% | 13.3% | 26.4% |
| MTH | $4.49B | 10.4 | — | — | 8.7% | — |
| CVCO | $3.61B | 19.4 | 11.4% | 8.5% | 17.4% | 23.5% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $10.32B | $10.52B | $9.52B | $10.53B | $8.95B | $7.54B | $7.39B | $7.16B | $6.31B | $5.82B | $5.16B | $4.44B | |
| Interest Expense | · | $28M | $28M | $40M | $53M | $41M | $25M | $25M | $24M | $22M | $24M | $23M | |
| Income Tax | $422M | $434M | $337M | $528M | $354M | $177M | $147M | $163M | $309M | $236M | $220M | $172M | |
| Net Income | $1.34B | $1.68B | $1.59B | $1.73B | $1.24B | $901M | $879M | $797M | $538M | $425M | $383M | $282M | |
| EPS (Basic) | $462.00 | $540.88 | $491.52 | $525.20 | $345.37 | $244.11 | $241.31 | $219.58 | $144.00 | $110.53 | $95.21 | $65.83 | |
| EPS (Diluted) | $436.55 | $506.69 | $463.31 | $491.82 | $320.48 | $230.11 | $221.13 | $194.80 | $126.77 | $103.61 | $89.99 | $63.50 | |
| Shares (Basic) | 2,900,000 | 3,110,000 | 3,238,000 | 3,286,000 | 3,581,000 | 3,692,000 | 3,641,000 | 3,631,000 | 3,733,000 | 3,847,000 | 4,022,000 | 4,278,000 | |
| Shares (Diluted) | 3,069,000 | 3,319,000 | 3,435,000 | 3,509,000 | 3,859,000 | 3,917,000 | 3,973,000 | 4,092,000 | 4,240,000 | 4,104,000 | 4,255,000 | 4,435,000 | |
| EBITDA | $25M | $18M | $17M | $17M | $19M | $22M | $21M | $20M | $23M | $22M | $22M | $18M |
Balance Sheet 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | · | · | · | · | · | $2.81B | $1.16B | $732M | $690M | $416M | $451M | $545M | |
| Total Assets | $5.86B | $6.38B | $6.60B | $5.66B | $5.83B | $5.78B | $3.81B | $3.17B | $2.99B | $2.64B | $2.51B | $2.35B | |
| Total Liabilities | $1.99B | $2.17B | $2.24B | $2.15B | $2.83B | $2.67B | $1.47B | $1.36B | $1.38B | $1.34B | $1.27B | $1.23B | |
| Common Stock | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | |
| Retained Earnings | $16.39B | $15.05B | $13.37B | $11.77B | $10.05B | $8.81B | $7.91B | $7.03B | $6.23B | $5.70B | $5.27B | $4.89B | |
| Treasury Stock | $15.68B | $13.87B | $11.85B | $10.87B | $9.42B | $7.92B | $7.62B | $7.04B | $6.27B | $5.91B | $5.48B | $5.09B | |
| Stockholders' Equity | $3.86B | $4.21B | $4.36B | $3.51B | $3.00B | $3.10B | $2.34B | $1.81B | $1.61B | $1.30B | $1.24B | $1.12B | |
| Liabilities + Equity | $5.86B | $6.38B | $6.60B | $5.66B | $5.83B | $5.78B | $3.81B | $3.17B | $2.99B | $2.64B | $2.51B | $2.35B | |
| Shares Outstanding | 2,799,387 | 3,011,644 | 3,194,876 | 3,218,933 | 3,447,441 | 3,695,577 | 3,633,000 | 3,578,000 | 3,691,000 | 3,693,000 | 3,891,000 | 4,049,000 |
Cash Flow 13
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $25M | $18M | $17M | $17M | $19M | $22M | $21M | $20M | $23M | $22M | $22M | $18M | |
| Stock-based Comp | $69M | $74M | $100M | $83M | $58M | $51M | $79M | $76M | $45M | $44M | $54M | $63M | |
| Deferred Tax | $-1M | $6M | $-4M | $-11M | $-234.0K | $-18M | $-4M | $914.0K | $61M | $-10M | $2M | $-4M | |
| Other Non-cash | $-311M | $-406M | $-206M | $56M | $-72M | $-31M | $-107M | $-171M | $-97M | $-97M | $-257M | $-174M | |
| Operating Cash Flow | $1.12B | $1.37B | $1.50B | $1.87B | $1.24B | $925M | $867M | $723M | $570M | $393M | $227M | $185M | |
| CapEx | $25M | $29M | $25M | $18M | $18M | $16M | $23M | $20M | $20M | $22M | $18M | $32M | |
| Investing Cash Flow | $-71M | $-27M | $-24M | $-27M | $-18M | $-4M | $-13M | $-8M | $-15M | · | · | · | |
| Stock Repurchased | $1.83B | $2.06B | $1.08B | $1.50B | $1.54B | $371M | $698M | $846M | $422M | $455M | $431M | $568M | |
| Net Stock Activity | $-1.83B | $-2.06B | $-1.08B | $-1.50B | $-1.54B | $-371M | $-698M | $-846M | $-422M | $-455M | $-431M | $-568M | |
| Financing Cash Flow | $-1.76B | $-1.90B | $-833M | $-1.91B | $-1.40B | $728M | $-425M | $-672M | $-282M | · | · | · | |
| Net Change in Cash | $-708M | $-551M | $641M | $-62M | $-173M | $1.65B | $429M | $43M | $274M | $-35M | $-120M | $-321M | |
| Taxes Paid | $439M | $410M | $407M | $530M | $389M | $163M | $154M | $181M | $260M | $219M | $195M | $182M | |
| Free Cash Flow | $1.10B | $1.35B | $1.47B | $1.85B | $1.22B | $909M | $844M | $703M | $549M | $362M | $185M | $153M |
Profitability 4
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 13.0% | 16.0% | 16.7% | 16.4% | 13.8% | 12.0% | 11.9% | 11.1% | 8.5% | 7.3% | 7.4% | 6.3% | |
| EBITDA Margin | 0.24% | 0.17% | 0.18% | 0.17% | 0.22% | 0.29% | 0.28% | 0.28% | 0.36% | 0.38% | 0.42% | 0.40% | |
| ROA | 21.9% | 25.9% | 26.0% | 30.0% | 21.3% | 18.8% | 25.2% | 25.9% | 19.1% | 16.5% | 15.7% | 11.6% | |
| ROE | 34.8% | 39.7% | 37.3% | 52.4% | 41.1% | 29.9% | 37.3% | 45.7% | 36.9% | 33.4% | 32.4% | 23.6% |
Efficiency 1
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.7 | 1.6 | 1.6 | 1.8 | 1.5 | 1.6 | 2.1 | 2.3 | 2.2 | 2.3 | 2.1 | 1.8 |
Growth Rates 9
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | -1.9% | 10.6% | -9.6% | 17.6% | 18.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | -0.65% | 5.5% | 8.1% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 6.5% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | -13.8% | 9.4% | -5.8% | 53.5% | 39.3% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -3.9% | 16.5% | 26.3% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 13.7% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | -20.3% | 5.7% | -7.8% | 39.5% | 37.2% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -8.1% | 10.8% | 20.9% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 8.2% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM) 10
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $10.32B | $10.52B | $9.52B | $10.53B | $8.95B | $7.54B | $7.39B | $7.16B | $6.31B | $5.82B | $5.16B | $4.44B | |
| Net Income TTM | $1.34B | $1.68B | $1.59B | $1.73B | $1.24B | $901M | $879M | $797M | $538M | $425M | $383M | $282M | |
| Market Cap | $20.42B | $24.63B | $22.37B | $14.85B | $20.37B | $15.08B | $13.84B | $8.72B | $12.95B | $6.16B | $6.39B | $5.16B | |
| P/E | 16.7 | 16.1 | 15.1 | 9.4 | 18.4 | 17.7 | 17.2 | 12.5 | 27.7 | 16.1 | 18.3 | 20.1 | |
| P/S | 2.0 | 2.3 | 2.3 | 1.4 | 2.3 | 2.0 | 1.9 | 1.2 | 2.1 | 1.1 | 1.2 | 1.2 | |
| P/B | 5.3 | 5.9 | 5.1 | 4.2 | 6.8 | 4.9 | 5.9 | 4.8 | 8.1 | 4.7 | 5.2 | 4.6 | |
| P / Tangible Book | 5.3 | 5.9 | 5.1 | 4.2 | 6.8 | 4.9 | · | · | · | · | · | · | |
| P / Cash Flow | 18.2 | 17.9 | 14.9 | 7.9 | 16.4 | 16.3 | 16.0 | 12.1 | 22.8 | 16.0 | 31.4 | 28.0 | |
| P / FCF | 18.6 | 18.3 | 15.2 | 8.0 | 16.6 | 16.6 | 16.4 | 12.4 | 23.6 | 17.0 | 34.5 | 33.8 | |
| Earnings Yield | 6.0% | 6.2% | 6.6% | 10.7% | 5.4% | 5.6% | 5.8% | 8.0% | 3.6% | 6.2% | 5.5% | 5.0% |
Income Statement 9
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.33B | $1.88B | $2.71B | $2.61B | $2.60B | $2.40B | $2.85B | $2.73B | $2.61B | $2.33B | $2.57B | $2.34B | $2.18B | $2.78B | $2.66B | $2.38B | |
| Interest Expense | · | · | · | · | · | $7M | · | · | · | $7M | · | $7M | $7M | $7M | $12M | $13M | |
| Income Tax | $82M | $53M | $105M | $101M | $113M | $102M | $115M | $109M | $133M | $76M | $106M | $67M | $89M | $127M | $141M | $140M | |
| Net Income | $236M | $198M | $364M | $343M | $334M | $300M | $457M | $429M | $401M | $394M | $433M | $404M | $344M | $411M | $433M | $426M | |
| EPS (Basic) | $87.65 | $71.33 | $127.81 | $119.26 | $114.52 | $100.41 | $149.26 | $139.65 | $128.21 | $123.76 | $132.92 | $123.84 | $106.31 | $125.97 | $131.84 | $125.87 | |
| EPS (Diluted) | $83.96 | $67.76 | $120.85 | $112.33 | $108.54 | $94.83 | $139.09 | $130.50 | $120.69 | $116.41 | $125.26 | $116.54 | $99.89 | $118.51 | $123.65 | $116.56 | |
| Shares (Basic) | 2,698,000 | 2,781,000 | -5,872,000 | 2,874,000 | 2,914,000 | 2,984,000 | -6,277,000 | 3,074,000 | 3,127,000 | 3,186,000 | 3,259,000 | 3,263,000 | 3,239,000 | 3,266,000 | 3,287,000 | 3,385,000 | |
| Shares (Diluted) | 2,816,000 | 2,928,000 | -6,216,000 | 3,051,000 | 3,075,000 | 3,159,000 | -6,680,000 | 3,290,000 | 3,322,000 | 3,387,000 | 3,458,000 | 3,467,000 | 3,447,000 | 3,471,000 | 3,504,000 | 3,656,000 | |
| EBITDA | · | $7M | · | · | · | $6M | · | · | · | $4M | · | · | $4M | · | · | $4M |
Balance Sheet 8
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.47B | $5.59B | $5.86B | $6.04B | $5.94B | $6.20B | $6.38B | $6.49B | $6.41B | $6.54B | $6.37B | $6.27B | $6.08B | $5.39B | $5.29B | $5.73B | |
| Total Liabilities | $2.08B | $2.09B | $1.99B | $2.07B | $2.09B | $2.24B | $2.17B | $2.22B | $2.27B | $2.19B | $2.20B | $2.11B | $2.23B | $2.30B | $2.30B | $3.00B | |
| Common Stock | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | $206.0K | |
| Retained Earnings | $16.82B | $16.59B | $16.39B | $16.02B | $15.68B | $15.35B | $15.05B | $14.59B | $14.16B | $13.76B | $12.95B | $12.52B | $12.12B | $11.32B | $10.91B | $10.47B | |
| Treasury Stock | $16.65B | $16.29B | $15.68B | $15.19B | $14.92B | $14.45B | $13.87B | $13.31B | $12.96B | $12.32B | $11.58B | $11.12B | $10.95B | $10.77B | $10.41B | $10.17B | |
| Stockholders' Equity | $3.39B | $3.49B | $3.86B | $3.97B | $3.85B | $3.95B | $4.21B | $4.27B | $4.13B | $4.34B | $4.17B | $4.15B | $3.85B | $3.08B | $2.99B | $2.73B | |
| Liabilities + Equity | $5.47B | $5.59B | $5.86B | $6.04B | $5.94B | $6.20B | $6.38B | $6.49B | $6.41B | $6.54B | $6.37B | $6.27B | $6.08B | $5.39B | $5.29B | $5.73B | |
| Shares Outstanding | · | · | 2,799,387 | · | · | · | 3,011,644 | · | · | · | · | · | · | · | · | · |
Cash Flow 12
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $6M | $7M | $7M | $6M | $6M | $6M | $5M | $5M | $4M | $4M | $4M | $4M | $4M | $4M | $5M | $4M | |
| Stock-based Comp | $19M | $13M | $16M | $17M | $18M | $19M | $19M | $19M | $18M | $17M | $26M | $25M | $22M | $27M | $20M | $12M | |
| Other Non-cash | · | $121M | · | · | · | $-116M | · | · | · | $-269M | · | · | $-55M | · | · | $-133M | |
| Operating Cash Flow | $-152M | $340M | $440M | $439M | $35M | $208M | $637M | $358M | $233M | $146M | $658M | $29M | $316M | $606M | $138M | $309M | |
| CapEx | $6M | $5M | $4M | $5M | $8M | $7M | $6M | $8M | $6M | $9M | $7M | $9M | $3M | $3M | $5M | $4M | |
| Investing Cash Flow | $-9M | $12M | $-14M | $-7M | $-35M | $-15M | $-7M | $-9M | $-4M | $-7M | $-7M | $-8M | $-3M | $-3M | $-13M | $-4M | |
| Stock Repurchased | $374M | $632M | $502M | $276M | $471M | $583M | $564M | $357M | $639M | $497M | $484M | $201M | $110M | $368M | $267M | $749M | |
| Net Stock Activity | · | $-632M | · | · | · | $-583M | · | · | · | $-497M | · | · | $-110M | · | · | $-749M | |
| Financing Cash Flow | $-372M | $-579M | $-493M | $-238M | $-458M | $-570M | $-534M | $-310M | $-624M | $-430M | $-439M | $-122M | $-29M | $-345M | $-788M | $-715M | |
| Net Change in Cash | $-532M | $-227M | $-67M | $194M | $-458M | $-377M | $96M | $40M | $-396M | $-291M | $212M | $-101M | $284M | $257M | $-663M | $-410M | |
| Taxes Paid | $152M | $5M | $84M | $107M | $243M | $4M | $103M | $143M | $157M | $7M | $50M | $257M | $5M | $112M | $289M | $3M | |
| Free Cash Flow | · | $335M | · | · | · | $201M | · | · | · | $137M | · | · | $313M | · | · | $305M |
Profitability 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 10.2% | 10.5% | · | 13.1% | 12.8% | 12.5% | · | 15.7% | 15.3% | 16.9% | 16.9% | 17.3% | 15.8% | 14.8% | 16.3% | 17.9% | |
| EBITDA Margin | · | 0.36% | · | · | · | 0.24% | · | · | · | 0.19% | · | · | 0.19% | · | · | 0.19% | |
| ROA | 4.1% | 3.4% | · | 5.5% | 5.4% | 4.7% | · | 6.7% | 6.3% | 6.2% | 7.4% | 7.0% | 5.8% | 7.4% | 7.8% | 7.4% | |
| ROE | 6.5% | 5.3% | · | 8.3% | 8.4% | 7.2% | · | 10.2% | 9.7% | 9.6% | 11.9% | 11.3% | 10.5% | 13.5% | 14.4% | 14.8% |
Efficiency 1
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | · | 0.4 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 | 0.4 |
Valuation (TTM) 4
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q3 2023 | Q2 2023 | Q1 2023 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $9.42B | $9.49B | · | $10.34B | $10.35B | $10.08B | · | $10.25B | $9.85B | $9.42B | $9.86B | $9.95B | $9.99B | $10.21B | $9.72B | $9.10B | |
| Net Income TTM | $1.11B | $1.17B | · | $1.41B | $1.46B | $1.52B | · | $1.66B | $1.63B | $1.58B | $1.59B | $1.59B | $1.62B | $1.60B | $1.51B | $1.33B | |
| P/E | 18.3 | 17.2 | · | 18.0 | 16.2 | 15.7 | · | 19.9 | 15.8 | 17.7 | 13.0 | 13.8 | 12.2 | 9.0 | 9.8 | 12.8 | |
| Earnings Yield | 5.5% | 5.8% | · | 5.5% | 6.2% | 6.4% | · | 5.0% | 6.3% | 5.7% | 7.7% | 7.2% | 8.2% | 11.2% | 10.2% | 7.8% |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Revenue | $10.32B | $10.52B | $9.52B | $10.53B | $8.95B |
| Net Income | $1.34B | $1.68B | $1.59B | $1.73B | $1.24B |
| Diluted EPS | $436.55 | $506.69 | $463.31 | $491.82 | $320.48 |
Cash Flow
| 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | |
|---|---|---|---|---|---|
| Free Cash Flow | $1.10B | $1.35B | $1.47B | $1.85B | $1.22B |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 728 filers · $10.9B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 91 (+32 vs prior Q) | 47 (-30 vs prior Q) | 233 (+15 vs prior Q) | 210 (+1 vs prior Q) | +405K |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC | $1,191,765,861 | 174,915 | 10.97% | Shares |
| Capital Research Global Investors | $1,116,334,710 | 163,844 | 10.27% | Shares |
| STATE STREET CORP | $877,347,891 | 128,768 | 8.07% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $771,154,239 | 113,182 | 7.10% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $441,063,597 | 65,021 | 4.06% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $398,706,541 | 58,518 | 3.67% | Shares |
| Capital World Investors | $278,504,538 | 40,876 | 2.56% | Shares |
| NORGES BANK | $264,959,499 | 38,888 | 2.44% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $224,562,851 | 32,959 | 2.07% | Shares |
| Caisse de depot et placement du Quebec | $194,113,766 | 28,490 | 1.79% | Shares |
| Smead Capital Management, Inc. | $192,467,935 | 28,248 | 1.77% | Shares |
| FIRST TRUST ADVISORS LP | $174,955,030 | 25,678 | 1.61% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $171,016,340 | 25,100 | 1.57% | Shares |
| MARSHFIELD ASSOCIATES | $137,228,689 | 20,141 | 1.26% | Shares |
| GOLDMAN SACHS GROUP INC | $129,393,279 | 18,991 | 1.19% | Shares |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. | $122,757,028 | 18,017 | 1.13% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $118,321,504 | 17,366 | 1.09% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $117,865,007 | 17,299 | 1.08% | Shares |
| VANGUARD GROUP INC | $114,562,124 | 15,709 | 1.05% | Shares |
| TD Asset Management Inc | $111,698,880 | 16,394 | 1.03% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $103,352,465 | 15,169 | 0.95% | Shares |
| BARCLAYS PLC | $101,253,938 | 14,861 | 0.93% | Shares |
| BlackRock, Inc. | $98,099,333 | 14,398 | 0.90% | Shares |
| Liontrust Investment Partners LLP | $95,119,599 | 13,043 | 0.88% | Shares |
| Epoch Investment Partners, Inc. | $92,744,001 | 13,612 | 0.85% | Shares |
| Giverny Capital Inc. | $90,195,789 | 13,238 | 0.83% | Shares |
| BANK OF AMERICA CORP /DE/ | $85,678,505 | 12,575 | 0.79% | Shares |
| TIMUCUAN ASSET MANAGEMENT INC/FL | $78,919,762 | 11,583 | 0.73% | Shares |
| Berkshire Hathaway Inc | $75,710,501 | 11,112 | 0.70% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $71,363,892 | 10,474 | 0.66% | Shares |
| Quantum Capital Management, LLC / NJ | $66,028,659 | 9,691 | 0.61% | Shares |
| Boston Partners | $62,656,030 | 9,196 | 0.58% | Shares |
| Corient Private Wealth LP | $58,677,438 | 8,613 | 0.54% | Shares |
| AMERICAN CENTURY COMPANIES INC | $56,224,176 | 8,252 | 0.52% | Shares |
| Swiss National Bank | $50,691,696 | 7,440 | 0.47% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $50,691,696 | 7,440 | 0.47% | Shares |
| VIRGINIA RETIREMENT SYSTEMS ET Al | $47,840,571 | 6,560 | 0.44% | Shares |
| Assenagon Asset Management S.A. | $47,155,541 | 6,921 | 0.43% | Shares |
| Sumitomo Mitsui Trust Group, Inc. | $45,826,928 | 6,726 | 0.42% | Shares |
| Mitsubishi UFJ Asset Management Co., Ltd. | $44,886,679 | 6,588 | 0.41% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $44,559,636 | 6,540 | 0.41% | Shares |
| TEACHER RETIREMENT SYSTEM OF TEXAS | $44,035,004 | 6,463 | 0.41% | Shares |
| RHUMBLINE ADVISERS | $43,551,167 | 6,392 | 0.40% | Shares |
| AltraVue Capital, LLC | $41,357,338 | 6,070 | 0.38% | Shares |
| Legal & General Group Plc | $39,810,698 | 5,843 | 0.37% | Shares |
| Vanguard Global Advisers, LLC | $39,735,749 | 5,832 | 0.37% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $38,495,710 | 5,650 | 0.35% | Shares |
| California Public Employees Retirement System | $37,562,274 | 5,513 | 0.35% | Shares |
| PANAGORA ASSET MANAGEMENT INC | $36,513,011 | 5,359 | 0.34% | Shares |
| Rafferty Asset Management, LLC | $36,281,355 | 5,325 | 0.33% | Shares |
| Brandywine Global Investment Management, LLC | $36,062,748 | 4,945 | 0.33% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $35,736,648 | 5,423 | 0.33% | Shares |
| Gotham Asset Management, LLC | $35,177,584 | 5,163 | 0.32% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $34,857,354 | 5,116 | 0.32% | Shares |
| FRANKLIN RESOURCES INC | $34,809,661 | 5,109 | 0.32% | Shares |
| FMR LLC | $31,334,827 | 4,599 | 0.29% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $29,243,113 | 4,292 | 0.27% | Shares |
| AMERIPRISE FINANCIAL INC | $29,154,538 | 4,279 | 0.27% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $29,140,912 | 4,277 | 0.27% | Shares |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $28,997,830 | 4,256 | 0.27% | Shares |
| MACKENZIE FINANCIAL CORP | $28,166,596 | 4,134 | 0.26% | Shares |
| MILLENNIUM MANAGEMENT LLC | $27,042,385 | 3,969 | 0.25% | Shares |
| Archon Partners LLC | $25,659,264 | 3,766 | 0.24% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $24,092,418 | 3,656 | 0.22% | Shares |
| MARSHALL WACE, LLP | $21,407,703 | 3,142 | 0.20% | Shares |
| ALGERT GLOBAL LLC | $20,433,387 | 2,999 | 0.19% | Shares |
| OSTERWEIS CAPITAL MANAGEMENT INC | $20,433,387 | 2,999 | 0.19% | Shares |
| Allegheny Financial Group | $20,103,332 | 2,950 | 0.19% | Shares |
| Venator Management LLC | $19,867,874 | 2,916 | 0.18% | Shares |
| JANE STREET GROUP, LLC | $19,854,248 | 2,914 | 0.18% | Shares |
| SummitTX Capital, L.P. | $19,261,482 | 2,827 | 0.18% | Shares |
| Broad Run Investment Management, LLC | $18,137,271 | 2,662 | 0.17% | Shares |
| Pictet Asset Management Holding SA | $18,123,644 | 2,660 | 0.17% | Shares |
| OSSIAM | $18,021,443 | 2,645 | 0.17% | Shares |
| Allianz Asset Management GmbH | $17,762,534 | 2,607 | 0.16% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $17,721,653 | 2,601 | 0.16% | Shares |
| ALLIANCEBERNSTEIN L.P. | $17,225,816 | 2,614 | 0.16% | Shares |
| AMIRAL GESTION | $17,014,941 | 2,582 | 0.16% | Shares |
| GATEWAY INVESTMENT ADVISERS LLC | $16,297,653 | 2,392 | 0.15% | Shares |
| Mariner, LLC | $15,787,919 | 2,317 | 0.15% | Shares |
| Eurizon Capital SGR S.p.A. | $15,732,141 | 2,309 | 0.14% | Shares |
| Illinois Municipal Retirement Fund | $15,704,887 | 2,305 | 0.14% | Shares |
| Quantinno Capital Management LP | $15,625,988 | 2,293 | 0.14% | Shares |
| Aware Super Pty Ltd as trustee of Aware Super | $15,343,777 | 2,252 | 0.14% | Shares |
| KLP KAPITALFORVALTNING AS | $14,785,078 | 2,170 | 0.14% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $14,493,805 | 2,127 | 0.13% | Shares |
| BEACON INVESTMENT ADVISORY SERVICES, INC. | $13,824,389 | 2,029 | 0.13% | Shares |
| GUARDIAN POINT CAPITAL, LP | $13,626,800 | 2,000 | 0.13% | Shares |
| AVIVA PLC | $12,625,230 | 1,853 | 0.12% | Shares |
| CITADEL ADVISORS LLC | $12,577,536 | 1,846 | 0.12% | Shares |
| Distillate Capital Partners LLC | $12,536,656 | 1,840 | 0.12% | Shares |
| COMMONWEALTH EQUITY SERVICES, LLC | $12,168,729 | 1,786 | 0.11% | Shares |
| BANQUE PICTET & CIE SA | $11,814,436 | 1,734 | 0.11% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $11,528,273 | 1,692 | 0.11% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $11,218,952 | 1,644 | 0.10% | Shares |
| NEW YORK STATE COMMON RETIREMENT FUND | $11,058,148 | 1,623 | 0.10% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $10,676,598 | 1,567 | 0.10% | Shares |
| TWO SIGMA INVESTMENTS, LP | $10,226,913 | 1,501 | 0.09% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $9,818,109 | 1,441 | 0.09% | Shares |
| Edgestream Partners, L.P. | $9,654,588 | 1,417 | 0.09% | Shares |
Company insiders 31 insiders · 10 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Eugene James Bredow | Chief Executive Officer | May 14, 2026 A | 140 | 0 | 0 | $0 |
| Daniel David Malzahn | Chief Financial Officer | May 14, 2026 A | 13,793 | 0 | 0 | $0 |
| Dennis M Seremet | Chief Financial Officer | Feb. 7, 2013 S | 40,877 | 0 | 0 | $0 |
| Jeffrey D Martchek | President of Homebuilding Ops | Feb. 21, 2020 M | 3,123 | 0 | 0 | $0 |
| Robert W Henley | President, NVRM, Inc. | Feb. 13, 2019 M | 0 | 0 | 0 | $0 |
| Robert A Goethe | President, NVRM, Inc. | June 29, 2012 S | 405 | 0 | 0 | $0 |
| William J Inman | President, NVRM Finance, Inc. | Feb. 11, 2010 M | 90,565 | 0 | 0 | $0 |
| Paul W Praylo | SVP, Chief Operating Officer | Feb. 1, 2021 S | 302 | 0 | 0 | $0 |
| Matthew B. Kelpy | VP, Chief Accounting Officer | May 14, 2026 A | 208 | 0 | 1 | $-4,050,000 |
| Paul C Saville | Executive Chairman | May 14, 2026 A | 106,860 | 0 | 0 | $0 |
| Melquiades R. Martinez | Director | July 30, 2026 G | 162 | 0 | 0 | $0 |
| Susan Williamson Ross | Director | May 29, 2026 M | 624 | 0 | 3 | $-4,962,736 |
| Michael J Devito | Director | May 14, 2026 A | 25 | 2 | 0 | $172,647 |
| Alexandra A Jung | Director | May 14, 2026 A | 75 | 0 | 2 | $-2,028,075 |
| William Grady Rosier | Director | May 14, 2026 A | 1,592 | 0 | 0 | $0 |
| Alfred E Festa | Director | May 14, 2026 A | 173 | 0 | 0 | $0 |
| Sallie B Bailey | Director | May 14, 2026 A | 100 | 0 | 0 | $0 |
| Charles Elliott Andrews | Director | May 14, 2026 A | 774 | 0 | 0 | $0 |
| PREISER DAVID A | Director | May 14, 2026 A | 204 | 0 | 0 | $0 |
| Thomas D Eckert | Director | Feb. 11, 2025 S | 550 | 0 | 0 | $0 |
| William A Moran | Director | Oct. 13, 2021 G | 24,066 | 0 | 0 | $0 |
| Manuel H Johnson | Director | Aug. 27, 2021 M | 400 | 0 | 0 | $0 |
| Dwight C Schar | Director | March 11, 2021 A | 40,000 | 0 | 0 | $0 |
| Eddie Arthur Grier | Director | Feb. 11, 2020 M | 175 | 0 | 0 | $0 |
| Timothy M Donahue | Director | Dec. 14, 2018 G | 1,238 | 0 | 0 | $0 |
| WHETSELL PAUL W | Director | May 3, 2017 M | 1,058 | 0 | 0 | $0 |
| Robert C Butler | Director | Feb. 25, 2015 M | 961 | 0 | 0 | $0 |
| John M Toups | Director | April 29, 2013 M | 4,258 | 0 | 0 | $0 |
| Scott Bartlett JR | Director | Feb. 24, 2009 S | 500 | 0 | 0 | $0 |
| George E Slye | Director | Jan. 16, 2008 M | 8,500 | 0 | 0 | $0 |
| George Oliver | — | Aug. 7, 2026 P | 63 | 1 | 0 | $405,185 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 176 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ITB · iShares Trust | 7.09% | 26,176 SH | Aug. 8, 2026 | Daily |
| NAIL · Direxion Shares ETF Trust | 5.19% | 4,627 NS | April 30, 2026 | N-PORT |
| ZIG · ETF Series Solutions | 3.18% | 165 NS | April 30, 2026 | N-PORT |
| RSPD · Invesco Exchange-Traded Fund Trust | 1.99% | 1,045 SH | Aug. 8, 2026 | Daily |
| SMRI · EA Series Trust | 1.81% | 1,546 NS | April 30, 2026 | N-PORT |
| HOMZ · ETF Series Solutions | 1.33% | 74 NS | May 31, 2026 | N-PORT |
| SRHQ · Elevation Series Trust | 1.15% | 351 NS | April 30, 2026 | N-PORT |
| RNIN · EA Series Trust | 1.11% | 269 NS | April 30, 2026 | N-PORT |
| FXD · First Trust Exchange-Traded AlphaDE… | 1.01% | 424 NS | April 30, 2026 | N-PORT |
| TMFX · RBB Fund, Inc. | 0.87% | 46 NS | May 31, 2026 | N-PORT |
| TGLB · T. Rowe Price Exchange-Traded Funds… | 0.86% | 30 NS | April 30, 2026 | N-PORT |
| TAX · EA Series Trust | 0.77% | 32 NS | May 29, 2026 | N-PORT |
| IIGD · Invesco Exchange-Traded Self-Indexe… | 0.62% | 177,000 | Aug. 8, 2026 | Daily |
| PKW · Invesco Exchange-Traded Fund Trust | 0.50% | 1,395 SH | Aug. 8, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.49% | 1,001 NS | April 30, 2026 | N-PORT |
| SZNE · Pacer Funds Trust | 0.42% | 9 NS | April 30, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.39% | 932 NS | April 30, 2026 | N-PORT |
| FLAG · Global X Funds | 0.38% | 1 NS | April 30, 2026 | N-PORT |
| AVMV · AMERICAN CENTURY ETF TRUST | 0.38% | 383 NS | May 31, 2026 | N-PORT |
| QUAL · iShares Trust | 0.35% | 26,759 SH | Aug. 8, 2026 | Daily |
| COWZ · Pacer Funds Trust | 0.33% | 9,611 NS | April 30, 2026 | N-PORT |
| VCR · VANGUARD WORLD FUND | 0.33% | 3,323 SH | Aug. 8, 2026 | Daily |
| QLC · FlexShares Trust | 0.29% | 420 NS | April 30, 2026 | N-PORT |
| CSM · ProShares Trust | 0.29% | 250 NS | May 31, 2026 | N-PORT |
| FDIS · FIDELITY COVINGTON TRUST | 0.28% | 790 NS | April 30, 2026 | N-PORT |
| WANT · Direxion Shares ETF Trust | 0.28% | 9 NS | April 30, 2026 | N-PORT |
| IYC · iShares Trust | 0.27% | 525 SH | Aug. 8, 2026 | Daily |
| UCC · ProShares Trust | 0.26% | 5 NS | May 31, 2026 | N-PORT |
| RXI · iShares Trust | 0.25% | 111 SH | Aug. 8, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.24% | 53 NS | April 30, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 0.23% | 17 NS | April 30, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.23% | 6,455,000 | Aug. 8, 2026 | Daily |
| IMCV · iShares Trust | 0.23% | 411 SH | Aug. 8, 2026 | Daily |
| DEUS · DBX ETF Trust | 0.22% | 99 NS | May 29, 2026 | N-PORT |
| DFVE · DoubleLine ETF Trust | 0.22% | 9 NS | March 31, 2026 | N-PORT |
| REVS · Columbia ETF Trust I | 0.20% | 92 NS | April 30, 2026 | N-PORT |
| SIZE · iShares Trust | 0.20% | 141 SH | Aug. 8, 2026 | Daily |
| TMFE · RBB Fund, Inc. | 0.20% | 28 NS | May 31, 2026 | N-PORT |
| RECS · Columbia ETF Trust I | 0.20% | 1,708 NS | April 30, 2026 | N-PORT |
| GXPD · Global X Funds | 0.20% | 16 NS | May 31, 2026 | N-PORT |
| GSEW · Goldman Sachs ETF Trust | 0.20% | 570 NS | May 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.20% | 592 SH | Aug. 8, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 29,418 SH | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.19% | 18,668 SH | Aug. 8, 2026 | Daily |
| IWP · iShares Trust | 0.19% | 6,088 SH | Aug. 8, 2026 | Daily |
| AVLV · AMERICAN CENTURY ETF TRUST | 0.19% | 3,910 NS | May 31, 2026 | N-PORT |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.17% | 1,979 NS | April 30, 2026 | N-PORT |
| SPHQ · Invesco Exchange-Traded Fund Trust | 0.15% | 4,772 SH | Aug. 8, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.15% | 106 NS | April 30, 2026 | N-PORT |
| VOE · VANGUARD INDEX FUNDS | 0.15% | 8,235 SH | Aug. 8, 2026 | Daily |