NVR vs. KBH
NVR (NVR, Inc.) and KBH (KB Home) are both stocks. Both operate in the Residential Construction industry within the Consumer Cyclical sector. Over the past 10 years, NVR returned 13.89%/yr vs 15.00%/yr for KBH. Their 0.47 correlation means their historical movements had little consistent relationship.
Performance
NVR vs. KBH - Performance Comparison
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Returns By Period
In the year-to-date period, NVR achieves a -15.71% return, which is significantly lower than KBH's -1.66% return. Over the past 10 years, NVR has underperformed KBH with an annualized return of 13.89%, while KBH has yielded a comparatively higher 15.00% annualized return.
NVR
- 1D
- -2.25%
- 1M
- -8.94%
- 6M
- -19.50%
- YTD
- -15.71%
- 1Y
- -20.79%
- 3Y*
- -0.94%
- 5Y*
- 3.31%
- 10Y*
- 13.89%
- ALL TIME*
- 18.72%
KBH
- 1D
- -2.45%
- 1M
- -10.12%
- 6M
- -3.59%
- YTD
- -1.66%
- 1Y
- -2.19%
- 3Y*
- 1.63%
- 5Y*
- 7.00%
- 10Y*
- 15.00%
- ALL TIME*
- 7.90%
Liquidity Comparison
NVR vs. KBH - Yearly Performance Comparison
Correlation
The correlation between NVR and KBH is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.76 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.71 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 1987 | 0.47 |
Over the past year, NVR and KBH have become more correlated (0.76) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
NVR:
$16.59B
KBH:
$3.37B
NVR:
$475.22
KBH:
$4.19
NVR:
12.94
KBH:
13.12
NVR:
1.26
KBH:
2.57
NVR:
1.96
KBH:
0.65
NVR:
5.21
KBH:
0.77
NVR:
$9.33B
KBH:
$5.50B
NVR:
$2.00B
KBH:
$590.65M
NVR:
$1.50B
KBH:
$335.69M
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Return for Risk
NVR vs. KBH — Risk / Return Rank
NVR
KBH
NVR vs. KBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NVR, Inc. (NVR) and KB Home (KBH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVR | KBH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.21 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.04 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 0.04 | -0.57 |
| Martin ratioReturn relative to average drawdown | -1.03 | 0.08 | -1.12 |
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Drawdowns
NVR vs. KBH - Drawdown Comparison
The maximum NVR drawdown since its inception was -96.72%, roughly equal to the maximum KBH drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for NVR and KBH.
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Drawdown Indicators
| NVR | KBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.72% | -92.78% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -34.88% | -32.85% | -2.03% |
Max Drawdown (3Y)Largest decline over 3 years | -43.94% | -48.27% | +4.33% |
Max Drawdown (5Y)Largest decline over 5 years | -43.94% | -48.27% | +4.33% |
Max Drawdown (10Y)Largest decline over 10 years | -46.13% | -72.38% | +26.25% |
Current DrawdownCurrent decline from peak | -38.06% | -36.86% | -1.20% |
Average DrawdownAverage peak-to-trough decline | -24.22% | -43.51% | +19.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.99% | 15.29% | +2.70% |
Volatility
NVR vs. KBH - Volatility Comparison
NVR, Inc. (NVR) has a higher volatility of 9.76% compared to KB Home (KBH) at 9.08%. This indicates that NVR's price experiences larger fluctuations and is considered to be riskier than KBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVR | KBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.76% | 9.08% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 22.50% | 29.42% | -6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.70% | 38.94% | -11.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 38.83% | -10.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.16% | 45.02% | -12.86% |
Dividends
NVR vs. KBH - Dividend Comparison
NVR has not paid dividends to shareholders, while KBH's dividend yield for the trailing twelve months is around 1.82%.
Financials
NVR vs. KBH - Financials Comparison
This section allows you to compare key financial metrics between NVR, Inc. and KB Home. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
NVR vs. KBH - Profitability Comparison
NVR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, NVR, Inc. reported a gross profit of 392.37M and revenue of 2.23B. Therefore, the gross margin over that period was 17.6%.
KBH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, KB Home reported a gross profit of -167.43M and revenue of 1.11B. Therefore, the gross margin over that period was -15.1%.
NVR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, NVR, Inc. reported an operating income of 264.78M and revenue of 2.23B, resulting in an operating margin of 11.9%.
KBH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, KB Home reported an operating income of 24.75M and revenue of 1.11B, resulting in an operating margin of 2.2%.
NVR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, NVR, Inc. reported a net income of 507.49M and revenue of 2.23B, resulting in a net margin of 22.7%.
KBH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, KB Home reported a net income of 27.35M and revenue of 1.11B, resulting in a net margin of 2.5%.
Frequently Asked Questions
NVR and KBH have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVR has higher volatility (9.76%) compared to KBH (9.08%). In terms of maximum drawdown, NVR dropped -96.72% vs KBH's -92.78%.
KBH currently has the higher Sharpe Ratio (0.03 vs -0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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