BZHNYSEOperative BuildersFiscal year ends September 30
BEAZER HOMES USA INC
Financials through Q3 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 7, 2026
$33.48+0.03 (+0.09%)
Close on Oct 19, 2026
- Market cap
- $887.55M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
14.2%−2.1 pts over 5 years
Operating margin
1.5%−2.2 pts over 5 years
Net margin
1.9%−0.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.8% | +0.8% | +2.2% | +3.8% | |
| Gross profit | -20.5% | -14.4% | -0.6% | +2.2% | |
| Operating income | -74.4% | -48.8% | -14.3% | -3.4% | |
| Net income | -67.5% | -40.9% | -2.7% | -18.3% | |
| EPS, diluted | -66.4% | -40.4% | -2.7% | -17.8% | |
| Free cash flow | – | -62.5% | -58.4% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 0.7% | 9.2% | 3.7% | |
| Return on assets | 0.2% | 2.6% | 1.8% | |
| Interest coverage | 2.3× | 9.3× | – | |
| Capex to revenue | 0.7% | 0.5% | 1.2% | |
| Diluted shares | 32M | 30M | 30M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Beazer Homes Usa generated $460.31M from operations and spent $155.04M on capital expenditure, dividends and share buybacks. 65% of that went back into the business.
Generated
$460.31M
Used
$155.04M
Capital expenditure$100.88M65%Dividends$00%Share buybacks$54.16M35%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin1.9%
×Asset turnover0.91×
×Equity multiplier2.10×
=Return on equity, FY20253.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 1.9% | 0.91× | 2.10× | 3.7% |
| FY2024 | 6.0% | 0.93× | 2.14× | 12.0% |
| FY2023 | 7.2% | 0.95× | 2.28× | 15.5% |
| FY2022 | 9.5% | 1.07× | 2.60× | 26.5% |
| FY2021 | 5.7% | 1.05× | 3.10× | 18.5% |
| FY2020 | 2.5% | 1.07× | 3.50× | 9.2% |
| FY2019 | -3.8% | 1.02× | 3.45× | -13.4% |
| FY2018 | -2.2% | 0.97× | 3.28× | -6.8% |
| FY2017 | 1.7% | 0.86× | 3.35× | 4.8% |
| FY2016 | 0.3% | 0.79× | 3.63× | 0.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$45.59M
- Cash generatingOperating cash flow above zero$31.98M
- Return on assets improvedROA up on the prior year5.8% → 1.8%
- Earnings backed by cashOperating cash flow above net income$31.98M vs $45.59M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise31M → 30M
- Gross margin improvedGross margin up on the prior year18.21% → 14.23%
- More efficientAsset turnover rose0.97 → 0.92