Green Brick Partners, Inc. - Understand $grbk stock

$GRBK Market Cap: $3.106 Billion

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Financial Snapshot

Revenue

$1.982B

TTM

Gross Margin

32.8%

TTM

Net Earnings

$350.1M

TTM

Current Assets

$2.009B

Q3 2024

Current Liabilities

$286.9M

Q3 2024

Current Ratio

700.37%

Q3 2024

Total Assets

$2.172B

Q3 2024

Total Liabilities

$584.2M

Q3 2024

Book Value

$1.588B

Q3 2024

Cash

$80.07M

Q3 2024

P/E

8.874

Nov 29, 2024 EST

Free Cash Flow

-$28.87M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$1.778B	$1.758B	$1.403B	$976.0M	$791.7M	$623.6M	$458.3M	$391.0M	$291.1M	$246.1M	$202.3M	$73.00M	$653.1M	$453.4M	$415.5M	$179.9M	$0.00	$0.00
YoY Change	1.13%	25.3%	43.73%	23.29%	26.94%	36.09%	17.2%	34.29%	18.3%	21.64%	177.16%	-88.82%	44.04%	9.12%	130.96%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Revenue	$1.778B	$1.758B	$1.403B	$976.0M	$791.7M	$623.6M	$458.3M	$391.0M	$291.1M	$246.1M	$202.3M	$73.00M	$653.1M	$453.4M	$415.5M	$179.9M	$0.00	$0.00
Cost Of Revenue	$1.230B	$1.235B	$1.041B	$741.4M	$622.6M	$469.4M	$339.8M	$303.2M	$228.9M	$187.9M	$144.1M	$54.90M	$642.5M	$454.6M	$404.8M	$199.2M	$0.00
Gross Profit	$548.2M	$523.0M	$362.1M	$234.6M	$169.1M	$154.2M	$118.5M	$87.76M	$62.25M	$58.22M	$58.03M	$18.10M	$10.60M	-$1.200M	$10.80M	-$19.30M	$0.00
Gross Profit Margin	30.84%	29.75%	25.81%	24.04%	21.36%	24.73%	25.85%	22.45%	21.38%	23.66%	28.68%	24.79%	1.62%	-0.26%	2.6%	-10.73%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Selling, General & Admin	$193.0M	$163.9M	$134.3M	$112.1M	$97.78M	$80.04M	$58.44M	$38.63M	$13.70M	$9.840M	$6.623M	$3.312M	$10.80M	$12.40M	$15.50M	$17.00M	$9.200M	$9.200M
YoY Change	17.71%	22.1%	19.74%	14.69%	22.16%	36.95%	51.29%	181.88%	39.27%	48.57%	99.97%	-69.33%	-12.9%	-20.0%	-8.82%	84.78%	0.0%
% of Gross Profit	35.2%	31.35%	37.08%	47.8%	57.83%	51.91%	49.33%	44.02%	22.01%	16.9%	11.41%	18.3%	101.89%		143.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.545M	$2.367M	$2.744M	$3.666M	$3.079M	$2.943M	$325.0K	$286.0K	$865.0K	$291.0K	$127.0K	$53.00K	$29.71M	$28.72M	$28.14M	$9.790M	$80.00K	$10.00K
YoY Change	49.77%	-13.74%	-25.15%	19.06%	4.62%	805.54%	13.64%	-66.94%	197.25%	129.13%	139.62%	-99.82%	3.45%	2.06%	187.44%	12137.5%	700.0%
% of Gross Profit	0.65%	0.45%	0.76%	1.56%	1.82%	1.91%	0.27%	0.33%	1.39%	0.5%	0.22%	0.29%	280.28%		260.56%
Operating Expenses	$193.0M	$163.9M	$134.3M	$112.1M	$97.78M	$80.04M	$58.44M	$38.63M	$13.70M	$9.840M	$6.623M	$3.312M	$10.80M	$12.40M	$15.60M	$18.40M	$9.200M	$9.200M
YoY Change	17.71%	22.1%	19.74%	14.69%	22.16%	36.95%	51.29%	181.88%	39.27%	48.57%	99.97%	-69.33%	-12.9%	-20.51%	-15.22%	100.0%	0.0%
Operating Profit	$355.2M	$359.1M	$227.8M	$122.5M	$71.31M	$71.81M	$60.02M	$49.13M	$32.28M	$35.69M	$40.14M	-$6.090M	-$200.0K	-$13.60M	-$4.800M	-$37.70M	-$9.200M
YoY Change	-1.08%	57.64%	86.0%	71.75%	-0.7%	19.64%	22.15%	52.23%	-9.56%	-11.1%	-759.15%	2945.0%	-98.53%	183.33%	-87.27%	309.78%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Interest Expense	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$281.0K	$1.393M	$315.0K	$351.0K	-$10.10M	-$11.60M	-$14.80M	-$44.60M	$1.800M	$0.00
YoY Change								-100.0%	-79.83%	342.22%	-10.26%	-103.48%	-12.93%	-21.62%	-66.82%	-2577.78%
% of Operating Profit	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.87%	3.9%	0.78%
Other Income/Expense, Net	$19.37M	$11.76M	$9.483M	$4.057M	$8.119M	$1.942M	$1.473M	$1.421M	$2.721M	$1.915M	-$3.000K	$0.00		$0.00	$0.00	-$1.800M	$0.00
YoY Change	64.72%	23.98%	133.74%	-50.03%	318.07%	31.84%	3.66%	-47.78%	42.09%	-63933.33%					-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Pretax Income	$391.3M	$396.5M	$257.0M	$142.8M	$84.33M	$81.67M	$64.24M	$50.55M	$34.72M	$36.21M	$44.64M	$20.94M	-$10.40M	-$25.20M	-$19.70M	-$84.10M	-$7.400M	-$9.200M
YoY Change	-1.3%	54.27%	79.95%	69.35%	3.25%	27.14%	27.07%	45.62%	-4.12%	-18.89%	113.16%	-301.38%	-58.73%	27.92%	-76.58%	1036.49%	-19.57%
Income Tax	$84.64M	$82.47M	$52.61M	$25.02M	$20.03M	$17.14M	$39.03M	$15.38M	$9.171M	-$24.85M	$327.0K	$231.0K	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
% Of Pretax Income	21.63%	20.8%	20.47%	17.52%	23.75%	20.98%	60.76%	30.42%	26.42%	-68.64%	0.73%	1.1%
Net Earnings	$284.6M	$291.9M	$190.2M	$113.7M	$58.66M	$51.62M	$14.97M	$23.76M	$15.33M	$50.03M	$32.01M	$17.19M	-$8.700M	-$20.00M	-$13.60M	-$40.90M	-$2.400M	-$2.300M
YoY Change	-2.49%	53.46%	67.3%	93.83%	13.62%	244.84%	-36.98%	55.01%	-69.37%	56.3%	86.15%	-297.63%	-56.5%	47.06%	-66.75%	1604.17%	4.35%
Net Earnings / Revenue	16.01%	16.61%	13.56%	11.65%	7.41%	8.28%	3.27%	6.08%	5.26%	20.33%	15.82%	23.55%	-1.33%	-4.41%	-3.27%	-22.73%
Basic Earnings Per Share	$6.20	$6.07	$3.75	$2.25	$1.16	$1.02	$0.30	$0.49	$0.38	$3.40	$2.88	$1.55
Diluted Earnings Per Share	$6.14	$6.02	$3.72	$2.24	$1.16	$1.02	$0.30	$0.49	$0.38	$3.40	$2.88	$1.55	-$1.851M	-$15.38M	-$11.33M	-$51.12M	-$4.800M	-$3.286M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Cash & Short-Term Investments	$179.8M	$76.59M	$78.70M	$19.50M	$33.30M	$38.30M	$36.70M	$35.20M	$19.90M	$21.30M	$16.70M	$8.600M	$15.10M	$7.400M	$6.100M	$12.30M	$56.00M	$27.20M
YoY Change	134.71%	-2.68%	303.57%	-41.44%	-13.05%	4.36%	4.26%	76.88%	-6.57%	27.54%	94.19%	-43.05%	104.05%	21.31%	-50.41%	-78.04%	105.88%
Cash & Equivalents	$179.8M	$76.59M	$78.70M	$19.50M		$38.30M	$36.70M	$35.20M	$19.90M	$21.30M	$16.70M	$8.600M	$15.10M	$7.400M	$6.100M	$12.30M	$56.00M	$27.20M
Short-Term Investments
Other Short-Term Assets												$100.0K	$2.100M	$1.600M	$2.500M	$2.200M	$200.0K	$500.0K
YoY Change												-95.24%	31.25%	-36.0%	13.64%	1000.0%	-60.0%
Inventory	$1.533B	$1.423B	$1.204B	$844.6M	$753.6M	$669.0M	$496.1M	$410.3M	$344.1M	$274.3M	$228.8M		$26.20M	$23.70M	$20.90M	$14.90M	$0.00
Prepaid Expenses
Receivables	$10.63M	$5.288M	$6.871M	$5.200M	$4.700M	$4.800M	$1.600M	$2.400M	$3.300M	$700.0K	$400.0K		$13.60M	$27.80M	$23.70M	$16.70M	$0.00
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00		$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.724B	$1.505B	$1.289B	$869.3M	$791.6M	$712.1M	$534.4M	$447.9M	$367.3M	$296.3M	$245.9M	$8.700M	$57.00M	$60.50M	$53.20M	$46.10M	$56.20M	$27.70M
YoY Change	14.56%	16.69%	48.32%	9.82%	11.16%	33.25%	19.31%	21.94%	23.96%	20.5%	2726.44%	-84.74%	-5.79%	13.72%	15.4%	-17.97%	102.89%
Property, Plant & Equipment	$14.31M	$6.377M	$7.408M	$6.100M	$7.800M	$4.700M	$800.0K	$900.0K	$800.0K	$1.600M	$900.0K	$100.0K	$235.9M	$260.1M	$284.4M	$305.4M	$276.8M	$82.90M
YoY Change	124.38%	-13.92%	21.44%	-21.79%	65.96%	487.5%	-11.11%	12.5%	-50.0%	77.78%	800.0%	-99.96%	-9.3%	-8.54%	-6.88%	10.33%	233.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$84.65M	$74.22M	$55.62M	$46.40M	$30.30M	$20.30M	$16.90M		$0.00	$2.800M	$8.300M				$0.00	$4.000M	$2.200M	$0.00
YoY Change	14.05%	33.46%	19.86%	53.14%	49.26%	20.12%			-100.0%	-66.27%					-100.0%	81.82%
Other Assets	$35.01M	$33.13M	$30.60M	$29.50M	$19.70M	$19.90M	$34.80M	$72.00M	$82.10M	$90.90M	$1.400M	$236.4M	$2.800M	$5.000M	$6.500M	$9.500M	$8.900M	$10.90M
YoY Change	5.67%	8.27%	3.73%	49.75%	-1.01%	-42.82%	-51.67%	-12.3%	-9.68%	6392.86%	-99.41%	8342.86%	-44.0%	-23.08%	-31.58%	6.74%	-18.35%
Total Long-Term Assets	$179.2M	$151.1M	$132.6M	$119.5M	$83.90M	$71.90M	$76.60M	$93.10M	$106.6M	$104.0M	$22.50M	$241.7M	$242.6M	$271.2M	$293.6M	$319.6M	$287.9M	$93.80M
YoY Change	18.6%	14.0%	10.93%	42.43%	16.69%	-6.14%	-17.72%	-12.66%	2.5%	362.22%	-90.69%	-0.37%	-10.55%	-7.63%	-8.14%	11.01%	206.93%
Total Assets	$1.903B	$1.656B	$1.422B	$988.8M	$875.5M	$784.0M	$611.0M	$541.0M	$473.9M	$400.3M	$268.4M	$250.4M	$299.6M	$331.7M	$346.8M	$365.7M	$344.1M	$121.5M
YoY Change
Accounts Payable	$54.32M	$51.80M	$45.68M	$24.50M	$30.00M	$26.10M	$22.40M	$15.10M	$13.50M	$13.60M	$8.700M	$0.00	$9.400M	$16.50M	$8.100M	$11.30M	$10.40M	$17.40M
YoY Change	4.86%	13.4%	86.46%	-18.33%	14.94%	16.52%	48.34%	11.85%	-0.74%	56.32%		-100.0%	-43.03%	103.7%	-28.32%	8.65%	-40.23%
Accrued Expenses	$104.4M	$94.86M	$66.10M	$43.00M	$28.20M	$29.20M	$18.50M	$14.30M	$5.700M	$11.30M	$6.400M						$0.00	$1.800M
YoY Change	10.01%	43.52%	53.71%	52.48%	-3.42%	57.84%	29.37%	150.88%	-49.56%	76.56%							-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$17.40M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%
Long-Term Debt Due						$0.00				$2.500M		$0.00	$12.70M	$33.00M	$30.20M	$11.60M	$1.600M	$0.00
YoY Change												-100.0%	-61.52%	9.27%	160.34%	625.0%
Total Short-Term Liabilities	$201.8M	$193.2M	$176.4M	$105.6M	$82.20M	$87.30M	$62.30M	$43.50M	$26.10M	$37.20M	$25.90M		$22.10M	$49.50M	$38.60M	$25.60M	$12.40M	$19.20M
YoY Change	4.48%	9.52%	67.03%	28.47%	-5.84%	40.13%	43.22%	66.67%	-29.84%	43.63%			-55.35%	28.24%	50.78%	106.45%	-35.42%
Long-Term Debt	$383.0M	$379.7M	$356.8M	$233.4M	$251.7M	$208.9M	$115.7M	$85.90M	$57.70M	$173.7M	$43.80M	$0.00	$166.9M	$215.5M	$220.8M	$226.4M	$122.4M	$0.00
YoY Change	0.87%	6.42%	52.86%	-7.27%	20.49%	80.55%	34.69%	48.87%	-66.78%	296.58%		-100.0%	-22.55%	-2.4%	-2.47%	84.97%
Other Long-Term Liabilities			$0.00	$400.0K	$5.300M	$2.200M	$0.00	$10.10M	$18.20M	$7.900M	$0.00	$195.3M	$10.60M	$12.30M	$9.600M	$19.10M	$18.80M	$3.700M
YoY Change			-100.0%	-92.45%	140.91%		-100.0%	-44.51%	130.38%		-100.0%	1742.45%	-13.82%	28.13%	-49.74%	1.6%	408.11%
Total Long-Term Liabilities	$383.0M	$379.7M	$356.8M	$233.8M	$257.0M	$211.1M	$115.7M	$96.00M	$75.90M	$181.6M	$43.80M	$195.3M	$177.5M	$227.8M	$230.4M	$245.5M	$141.2M	$3.700M
YoY Change	0.87%	6.42%	52.6%	-9.03%	21.74%	82.45%	20.52%	26.48%	-58.2%	314.61%	-77.57%	10.03%	-22.08%	-1.13%	-6.15%	73.87%	3716.22%
Total Liabilities	$602.1M	$593.8M	$547.3M	$348.6M	$352.4M	$315.7M	$194.7M	$156.4M	$114.3M	$228.5M	$79.30M	$194.2M	$205.3M	$277.5M	$274.5M	$285.0M	$222.4M	$96.90M
YoY Change	1.41%	8.49%	57.0%	-1.08%	11.62%	62.15%	24.49%	36.83%	-49.98%	188.15%	-59.17%	-5.41%	-26.02%	1.09%	-3.68%	28.15%	129.51%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Basic Shares Outstanding	45.45M shares	47.65M shares	50.70M shares	50.57M shares	50.53M shares	50.65M shares	49.60M shares	48.88M shares	40.07M shares	14.71M shares	11.11M shares	11.11M shares
Diluted Shares Outstanding	45.92M shares	47.99M shares	51.06M shares	50.80M shares	50.64M shares	50.75M shares	49.68M shares	48.89M shares	40.10M shares	14.71M shares	11.11M shares	11.11M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.1064 Billion

About Green Brick Partners, Inc.

Green Brick Partners, Inc. engages in residential land development and homebuilding. The company is headquartered in Plano, Texas and currently employs 600 full-time employees. The company went IPO on 2007-06-19. The firm is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, title and mortgage services, marketing and sales and the creation of brand images at its residential neighborhoods and master planned communities. The firm operates through three segments: Builder operations Central, Builder operations Southeast, and Land development. The Builder operations Central segment represents operations by its builders in Texas. The Builder operations Southeast segment represents operations by its builders in Georgia and Florida. The Land Development segment acquires land for the development of residential lots that are transferred to its controlled builders or sold to third party homebuilders. The firm owns or controls approximately 28,700 home sites in high-growth submarkets.

Industry: Operative Builders Peers: BEAZER HOMES USA INC CAVCO INDUSTRIES INC. Century Communities, Inc. Dream Finders Homes, Inc. HORTON D R INC /DE/ HOVNANIAN ENTERPRISES INC Legacy Housing Corp LGI Homes, Inc. M/I HOMES, INC. Tri Pointe Homes, Inc.