Green Brick Partners Inc

Chart & Performance

D1W1MN

Profile

Green Brick Partners, Inc. operates as a homebuilding and land development company in the United States. It operates through Builder operations Central, Builder operations Southeast, and Land development segments. The company is involved in the land acquisition and development, entitlements, design, construction, title and mortgage services, marketing, and sale of townhomes, patio homes, single family homes, and luxury homes in residential neighborhoods, and master planned communities. As of December 31,2021, the company owns or controls approximately 28,600 home sites in Dallas-Forth Worth, Atlanta metropolitan areas, and the Treasure Coast, Florida market. The company sells its homes through sales representatives and independent realtors. Green Brick Partners, Inc. was incorporated in 2006 and is headquartered in Plano, Texas.

URL

https://www.greenbrickpartners.com/

IPO date

Jun 19, 2007

Employees

550

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	1,777,710 1.13%	1,757,793 25.30%	1,402,876 43.73%
Cost of revenue	1,422,505	1,398,711	1,175,086
Unusual Expense (Income)
NOPBT	355,205	359,082	227,790
NOPBT Margin	19.98%	20.43%	16.24%
Operating Taxes	84,638	82,468	52,605
Tax Rate	23.83%	22.97%	23.09%
NOPAT	270,567	276,614	175,185
Net income	284,626 -2.49%	291,900 53.46%	190,210 67.30%
Dividends	(2,875)	(2,811)
Dividend yield	0.12%	0.24%
Proceeds from repurchase of equity	(45,777)	(101,463)	46,862
BB yield	1.92%	8.73%	-3.03%
Debt
Debt current		17,395	(738)
Long-term debt	362,656	357,611	345,146
Deferred revenue		366,494	333,492
Other long-term liabilities	2,328	(367,842)	(334,918)
Net debt	98,246	224,194	210,096
Cash flow
Cash from operating activities	213,342	90,676	(92,382)
CAPEX	(7,802)	(2,012)	(2,025)
Cash from investing activities	(13,349)	(6,477)	(2,033)
Cash from financing activities	(93,804)	(84,483)	154,334
FCF	161,677	59,021	(80,841)
Balance
Cash	179,756	76,588	78,696
Long term investments	84,654	74,224	55,616
Excess cash	175,524	62,922	64,168
Stockholders' equity	1,098,534	852,644	624,087
Invested Capital	1,532,158	1,415,161	1,184,630
ROIC	18.36%	21.28%	16.86%
ROCE	20.80%	24.27%	18.22%
EV
Common stock shares outstanding	45,917	47,987	51,060
Price	51.94 114.36%	24.23 -20.11%	30.33 32.10%
Market cap	2,384,929 105.12%	1,162,725 -24.92%	1,548,650 32.79%
EV	2,584,222	1,484,762	1,842,455
EBITDA	358,750	361,449	230,534
EV/EBITDA	7.20	4.11	7.99
Interest		17,653
Interest/NOPBT		4.92%