Green Brick Earnings Reports

Green Brick Partners achieved record first-quarter results in Q1 2025, with homebuilding revenue increasing 11.8% year-over-year to $495 million. The company maintained strong homebuilding gross margins at 31.2% and saw record net new home orders of 1,106, a 3.3% increase year-over-year. Diluted EPS was $1.67, an 8.2% decrease year-over-year, primarily due to the sale of an interest in Challenger Homes in Q1 2024. Excluding this impact, underlying earnings grew 3.7%.

Green Brick Partners, Inc. achieved record results in Q4 2024, with total revenues reaching $567.3 million, diluted EPS of $2.31, and 1,019 new homes delivered. The company also reported a record full-year diluted EPS of $8.45 and total revenues of $2.1 billion, driven by strong homebuilding gross margins and strategic land positions.

Green Brick Partners reported a record third quarter in 2024, marked by a 25.7% increase in home closings revenue year-over-year, reaching $522.9 million. Diluted EPS also saw a significant rise of 26.9% to $1.98. Net new home orders increased by 11.3% to 877 units.

Green Brick Partners reported record results for the first quarter of 2024. Diluted earnings per share reached a record $1.82, a 32.8% increase year-over-year. The company delivered 821 homes, generating $443.1 million in home closings revenue. Homebuilding gross margin was a record 33.4%.

Green Brick Partners reported a strong fourth quarter in 2023, with record home deliveries and increased diluted EPS. The company's strategic focus on high-growth markets and efficient operations contributed to its success.

Green Brick Partners reported strong Q3 2023 results, with a record-high homebuilding gross margin of 33.3% and diluted EPS of $1.56. New home orders increased by 95.0%, and backlog grew by 10.4% year-over-year. The company's net debt to total capital ratio stood at 9.0%.

Green Brick Partners reported a strong second quarter in 2023, with new home orders up 50.8% and residential units revenue of $454.4 million. The homebuilding gross margin increased to 31.3%, and diluted EPS reached $1.63. Net orders increased 51% year-over-year to 822 homes.

Green Brick Partners reported record first-quarter results, marked by a 24% year-over-year increase in home closings revenue to $449 million and a 75.3% increase in new home orders to $630.9 million. The company's earnings per diluted share grew by 14% to $1.37, supported by a high homebuilding gross margin of 27.6%.

Green Brick Partners reported a decrease in revenue and diluted earnings per share for the fourth quarter of 2022, but achieved record home closing revenue and gross profit for any fourth quarter. The company delivered 727 homes and saw a decrease in net new home orders, but experienced a sales momentum increase in December. They also lowered their debt-to-total-capital ratio to 25.7%.

Green Brick Partners reported a record third quarter with a 65.3% increase in diluted EPS to $1.57, a 19.2% increase in total revenues to $407.9 million, and a 51.6% increase in net income attributable to Green Brick Partners to $73.5 million. The company also achieved a record homebuilding gross margin of 32.4%.

Green Brick Partners, Inc. reported record results for the second quarter ended June 30, 2022, including record EPS of $2.08 per diluted share, a record number of homes delivered, and a record high home building gross margin of 32.3%.

Green Brick Partners reported record first-quarter results with home closings revenue up 68.0% to $363.1 million and income before income taxes up 134.3% to $82.6 million. The homebuilding gross margin increased by 240 bps to 27.8%.

Green Brick Partners reported record results for the fourth quarter ended December 31, 2021, with a 78% increase in total revenue and a 117.6% increase in income before taxes. The company's growth strategy includes investment in lots owned and controlled, expansion into new markets, and a focus on increasing spec inventory.

Green Brick Partners reported record results for the third quarter ended September 30, 2021. The company's residential units revenue and backlog reflect a record for any quarter since its inception. Income of $48.5 million was a record for any third quarter.

Green Brick Partners reported record second-quarter results with total revenues of $373.8 million, up 60.5%, and income before income taxes of $74.0 million, up 104.4%. The company's backlog increased by 118.2% to $974.3 million, and the home building gross margin rose by 360 bps. Record lots owned and controlled were up 132.7%.

Green Brick Partners reported record results for the first quarter ended March 31, 2021, with net income attributable to Green Brick growing to $123.7 million over the last twelve months, a 100% increase. The company's net new home orders and ending backlog reached all-time records, increasing by 28% and 45% over Q4 2020 levels, respectively.

Green Brick Partners reported strong Q4 2020 results, with an 81.3% increase in EPS and an 84.1% increase in net income. Total revenues increased by 10.4% compared to the same period last year.

Green Brick Partners reported record second-quarter results, with significant increases in EPS, home deliveries, and backlog. The company's performance was driven by strong sales growth and effective management despite the challenges posed by the COVID-19 pandemic.

Green Brick Partners reported a strong first quarter with record EPS of $0.32, a 28% increase year-over-year, and a record backlog of $427.3 million, up 38.9% year-over-year. The company also saw a 42.3% increase in net new home orders and a 230 basis point improvement in homebuilding gross margin to 23.1%.

Green Brick Partners reported record fourth-quarter results, with significant increases in new home orders, revenue, and earnings per share. The company's backlog also reached a record level, positioning it for continued success in the coming year.