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Major Indexes

Free Cash Flow

(NVR)

$

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 4,211.274,444.575,158.815,822.246,305.487,163.037,971.028,870.159,870.7010,984.1212,223.13
Revenue (%)
Operating Cash Flow 270.36184.45203.26384.27568.75723.47534.86595.19662.32737.03820.17
Operating Cash Flow (%)
Capital Expenditure 18.9531.5618.0622.1220.1819.3433.4837.2541.4646.1351.34
Capital Expenditure (%)
Free Cash Flow 289.31216.01221.31406.39588.93742.81568.33632.44703.78783.17871.51

FCF Unlevered from cash flow statement