---
schema_version: "secwatch.filing_event.v1"
accession: "0000915840-23-000052"
form_type: "8-K"
ticker: "BZH"
cik: "0000915840"
company_name: "BEAZER HOMES USA INC"
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:54:16.058522+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Beazer Homes FY2023 EPS $5.16, revenue down 4.5%; Q4 orders surge 42.5% but margins compress

## Summary
- FY2023 net income $158.7M ($5.16 diluted EPS) vs $220.7M ($7.17) prior year; Adj. EBITDA $272M, down 26.5%.
- Q4 net income $55.8M ($1.80 diluted) vs $86.8M; homebuilding revenue $641.8M, down 22.2% on 23.7% fewer closings.
- Q4 net orders up 42.5% to 1,003; cancellation rate fell to 16.5% from 32.8%; avg community count 130 (+5.7%).
- Homebuilding gross margin (ex I&A and amortized interest) 23.1% FY (down 320 bps), 24.3% Q4 (down 160 bps).
- Total debt to cap 47.0% vs 51.1% a year ago; repurchased $9.0M of debt in FY; Oct credit facility raised to $300M.

## SEC filing metadata
- accession: 0000915840-23-000052
- form_type: 8-K
- ticker: BZH
- cik: 0000915840
- company_name: BEAZER HOMES USA INC
- filed_at: 2023-11-16T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/915840/000091584023000052/0000915840-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/915840/000091584023000052/bzh-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000915840-23-000052
- JSON: https://secwatch.observer/filing/0000915840-23-000052.json
- Plain text: https://secwatch.observer/filing/0000915840-23-000052.txt

## Key facts
- Earnings Releases
  BEAZER HOMES USA INC reported financial results for the fiscal year ended September 30, 2023.
  - Period: the fiscal year ended September 30, 2023
  - Result: reported results
  source text: On November 16, 2023 , Beazer Homes USA, Inc. issued a press release announcing results of operations for the fiscal year ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/915840/000091584023000052/0000915840-23-000052-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.