GRBKNYSEOperative BuildersFiscal year ends December 31Also trades as GRBK.PA
Green Brick Partners, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$60.45−0.72 (-1.18%)
Close on Oct 19, 2026
- Market cap
- $2.62B
- P/E (TTM)
- 9.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
31.4%+7.4 pts over 5 years
Operating margin
–
Net margin
15.4%+3.7 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 | -1.0% | +5.1% | +15.9% | +21.5% | |
| Gross profit | -8.9% | +7.0% | +22.3% | +26.3% | |
| Net income | -17.9% | +2.4% | +22.5% | +35.2% | |
| EPS, diluted | -16.3% | +5.5% | +25.8% | +34.0% | |
| Free cash flow | +867.4% | +33.0% | +45.3% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 6.4% | 19.5% | 18.0% | |
| Return on assets | 4.7% | 12.2% | 13.1% | |
| Capex to revenue | 0.1% | 0.3% | 0.2% | |
| Diluted shares | 49M | 51M | 44M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Green Brick Partners generated $635.56M from operations and spent $311.88M on capital expenditure, dividends and share buybacks. 7% of that went back into the business.
Generated
$635.56M
Used
$311.88M
Capital expenditure$21.00M7%Dividends$11.44M4%Share buybacks$279.44M90%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin15.4%
×Asset turnover0.85×
×Equity multiplier1.37×
=Return on equity, FY202518.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 15.4% | 0.85× | 1.37× | 18.0% |
| FY2024 | 18.5% | 0.99× | 1.42× | 26.1% |
| FY2023 | 16.3% | 0.98× | 1.51× | 24.1% |
| FY2022 | 16.6% | 1.14× | 1.59× | 30.1% |
| FY2021 | 13.6% | 1.16× | 1.59× | 25.1% |
| FY2020 | 11.6% | 1.05× | 1.60× | 19.5% |
| FY2019 | 7.4% | 0.95× | 1.67× | 11.8% |
| FY2018 | 8.3% | 0.89× | 1.58× | 11.7% |
| FY2017 | 3.3% | 0.80× | 1.44× | 3.7% |
| FY2016 | 6.1% | 0.77× | 1.36× | 6.4% |
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$313.23M
- Cash generatingOperating cash flow above zero$213.24M
- Return on assets improvedROA up on the prior year20.1% → 13.9%
- Earnings backed by cashOperating cash flow above net income$213.24M vs $313.23M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise45M → 44M
- Gross margin improvedGross margin up on the prior year34.13% → 31.41%
- More efficientAsset turnover rose1.08 → 0.91