earnings
confidence high
sentiment positive
materiality 0.80
Green Brick Partners reports record Q4: revenue up 78%, EPS $1.24 vs $0.58 YoY
Green Brick Partners, Inc.
2021-FY EPS reported
$3.72
revenue$1,402,876,000
- Q4 total revenue $452.3M (+78% YoY); diluted EPS $1.24 (113.8% increase).
- Full-year revenue $1.403B (+43.7%), net income $190.2M (+67.3%), EPS $3.72 (+66.1%).
- Homebuilding gross margin 26.4% for year (220 bps improvement); SG&A improved to 10.3% of residential revenue.
- Lots owned and controlled nearly doubled to 28,621 (up 97.8%); backlog $869.9M (+26.6%).
- Expanded into Austin, TX; debt-to-capital ratio 27.7%; ROE 25.9% for year.