secwatch.observer — SEC 8-K summary
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Issuer:     Green Brick Partners, Inc. (GRBK)
CIK:        0001373670
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001373670-24-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Green Brick Q3 record: revenue $523M, EPS $1.98; orders up 11.3% YoY
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- Home closings revenue $522.9M (+25.7% YoY); diluted EPS $1.98 (+26.9% YoY), both Q3 records.
- Net new home orders 877 units, a Q3 record, up 11.3% YoY; absorption rate 8.4 per community.
- Homebuilding gross margin 32.7% (-60 bps YoY); YTD homebuilding gross margin 33.6% (record).
- Debt-to-total-capital 16.4%; net debt-to-total-capital 12.5%; weighted average pay rate 3.4%.
- Series A preferred quarterly dividend of $0.35938 per depositary share payable Dec 13, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1373670/000137367024000082/0001373670-24-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1373670/000137367024000082/grbk-20241030.htm
  HTML page:      https://secwatch.observer/filing/0001373670-24-000082

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer