Green Brick Partners, Inc., the third-largest homebuilder in Dallas-Fort Worth and one of Fortune Magazine's fastest-growing companies. It is a diversified homebuilding and land development company operating through its seven subsidiary homebuilders in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also holds interests in related financial services platforms, including Green Brick Title, Green Brick Mortgage, and Green Brick Insurance. The company and its affiliated builders are involved in all aspects of the homebuilding process, including land acquisition, development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. Green Brick Partners Inc. was incorporated in Delaware.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.1B | $415M | $313M | $208M | 17.3% | -0.0% | -17.9% |
| 2024 | $2.1B | $482M | $382M | $22M | 24.2% | 18.1% | 34.1% |
| 2023 | $1.8B | $359M | $285M | $206M | 22.7% | 1.1% | -2.5% |
| 2022 | $1.8B | $361M | $292M | $89M | 28.8% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,757.79 | 1,777.71 | 2,098.94 | 2,098.47 |
| Cost Of Revenue | - | 1,234.77 | 1,229.53 | 1,395.42 | 1,457.66 |
| Gross Profit | - | 523.02 | 548.18 | 703.52 | 640.81 |
| Operating Expense | - | 163.94 | 192.98 | 226.57 | 231.36 |
| Operating Income | - | 359.08 | 355.20 | 476.96 | 409.44 |
| EBITDA | - | 361.45 | 358.75 | 481.83 | 414.55 |
| EBIT | - | 359.08 | 355.20 | 476.96 | 409.44 |
| Pretax Income | - | 396.46 | 391.31 | 511.88 | 438.18 |
| Tax Provision | - | 82.47 | 84.64 | 94.72 | 94.67 |
| Net Income | - | 291.90 | 284.63 | 381.58 | 313.23 |
| Net Income Common Stockholders | - | 289.02 | 281.75 | 378.71 | 310.35 |
| Total Expenses | - | 1,398.71 | 1,422.50 | 1,621.99 | 1,689.03 |
| Selling General And Administration | - | 163.94 | 192.98 | 226.57 | 231.36 |
| Normalized EBITDA | - | 361.45 | 358.75 | 481.83 | 414.55 |
| Normalized Income | - | 291.90 | 284.63 | 381.58 | 313.23 |
| Market Cap | 3,056.40 | 3,056.40 | 3,056.40 | 3,056.40 | 3,056.40 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Green Brick Partners, Inc.this co. | GRBK | - | 9.76β discount | 1.69 | 17.3% | 7.79 |
| The Buckle, Inc. | BKE | $2.8B | 13.79 | 6.81 | 49.4% | 10.55 |
| Steven Madden, Ltd. | SHOO | $2.7B | 63.10 | 3.25 | 5.2% | 25.85 |
| OneSpaWorld Holdings Limited | OSW | $2.5B | 34.20 | 4.51 | 13.2% | 23.59 |
| Versigent PLC | VGNT | $2.5B |
| - |
| - |
| - |
| - |
| - |
| - |
| 5.04 |
| 1.50 |
| 29.8% |
| 2.76 |
| Sonic Automotive, Inc. | SAH | $2.4B | 20.32 | 2.26 | 11.1% | 12.63 |
| Mister Car Wash, Inc. | MCW | $2.3B | 22.53 | 2.05 | 9.1% | 14.11 |
| HNI Corporation | HNI | $1.8B | 50.08 | 1.48 | 3.0% | 17.55 |
| CarGurus, Inc. | CARG | $1.6B | 21.76 | 9.07 | 41.7% | 12.42 |
| Peer Median | - | 22.15 | 2.76 | 12.2% | 13.37 | |