Century Communities Inc (NYSE: CCS) is a homebuilding company that designs, constructs, and sells single-family homes across five regional segments: West, Mountain, Texas, Southeast, and Century Complete. Revenue comes primarily from transactional home sales, with 10,387 new homes delivered in FY2025 at an average sales price of $378,000. Total revenues reached $4.12 billion in FY2025, with homebuilding revenues of $3.93 billion and Financial Services revenues of $86.2 million. Approximately 94% of homes delivered in FY2025 carried purchase prices below Federal Housing Administration-insured mortgage limits, reflecting a deliberate focus on affordable, entry-level, and move-up buyers. The company also operates a Century Living segment engaged in multi-family rental development, construction, and sales, generating $97.2 million in multi-family sales revenues in FY2025. Ancillary Financial Services subsidiaries, including Inspire Home Loans, Parkway Title, and IHL Home Insurance Agency, provide mortgage, title, and insurance products primarily to Century Communities homebuyers. The company pays a quarterly cash dividend, with $1.16 per share paid in aggregate during FY2025. As of December 31, 2025, Century Communities employed 1,660 people and operated 305 selling communities.

Revenue model

Transactional home sales are the primary revenue source, accounting for $3.93 billion in homebuilding revenues in FY2025. Ancillary revenue comes from Financial Services (mortgage origination, title, insurance brokerage, and escrow), which generated $86.2 million in FY2025, and from multi-family rental property sales through the Century Living segment, which generated $97.2 million in FY2025. The company prefers move-in-ready homes over built-to-order, targeting faster capital turnover.

Products and services

Single-family homes across entry-level, move-up, and lifestyle buyer segments, with approximately 94% of FY2025 deliveries priced below FHA loan limits. Multi-family rental properties developed and sold through the Century Living segment, currently located in Colorado. Mortgage origination via Inspire Home Loans, title services via Parkway Title, insurance brokerage via IHL Home Insurance Agency, and escrow services via IHL Escrow, all serving primarily Century Communities homebuyers.

Customers and end markets

Individual homebuyers across entry-level, move-up, and lifestyle segments, with heavy weighting toward affordable housing. Approximately 94% of the 10,387 homes delivered in FY2025 were priced below FHA-insured mortgage limits. Backlog at December 31, 2025 stood at 789 homes with aggregate sales value of $283.7 million and average sales price of $359,600.

Value-chain role

Fully integrated homebuilder: land acquisition and entitlement, home design and engineering, construction management using subcontractors and third-party material suppliers, and direct sale to end buyers. Century Communities also provides in-house mortgage, title, insurance, and escrow services to its homebuyers. Construction cycle times were three to four months in FY2025. The company contracts on a national level directly with suppliers to secure material availability and pricing.

Geographic exposure

Five homebuilding segments as of FY2025: West ($834.8 million revenue, 1,419 homes delivered), Mountain ($884.4 million, 1,730 homes), Texas ($580.6 million, 1,986 homes), Southeast ($682.1 million, 1,617 homes), and Century Complete ($952.6 million, 3,635 homes). Century Living multi-family operations are currently located in Colorado. Total owned and controlled lot inventory was 60,916 lots as of December 31, 2025.

Source: SEC 10-K, filed 2026-01-29

Industry: Operative Builders Peers: Green Brick Partners Inc Cavco Industries Inc Dream Finders Homes Inc D.R. Horton Inc Installed Building Products Inc Legacy Housing Corporation LGI Homes Inc M/I Homes Inc SEKISUI HOUSE U.S., INC. Tri Pointe Homes Inc (Delaware)