earnings
confidence high
sentiment positive
materiality 0.85
Green Brick Q4 EPS $2.31 record, home closings revenue up 24.2% YoY, board boosts buyback to $100M
Green Brick Partners, Inc.
2024-FY EPS reported
$8.45
revenue$2,098,943,000
- Q4 diluted EPS $2.31 (record for any Q4, +46.2% YoY); full-year diluted EPS $8.45 (+37.6% YoY).
- Q4 home closings revenue $556.9M (+24.2% YoY); full-year home closings revenue $2.07B (+17.0% YoY).
- Record full-year homebuilding gross margin 33.8% (+290 bps YoY); ROE 26.8% vs 24.9% in 2023.
- Net new home orders Q4 record 878 (+29.3% YoY); active selling communities 106 (+16.5% YoY).
- Board increased share repurchase authorization to $100M; debt/total capital 17.2% (lowest year-end since 2015).