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Green Brick Partners Inc Financials

GRBK
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Green Brick Partners Inc (GRBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 58 / 100
Financial Profile 58/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth
33

Green Brick Partners Inc's revenue grew a modest -0.0% year-over-year to $2.1B. This slow but positive growth earns a score of 33/100.

Leverage
98

Green Brick Partners Inc carries a low D/E ratio of 0.17, meaning only $0.17 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 98/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow
50

Green Brick Partners Inc has a free cash flow margin of 9.9%, earning a moderate score of 50/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns
49

Green Brick Partners Inc's ROE of 16.9% shows moderate profitability relative to equity, earning a score of 49/100. This is down from 23.5% the prior year.

Piotroski F-Score Neutral
4/9

Green Brick Partners Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed
0.68x

For every $1 of reported earnings, Green Brick Partners Inc generates $0.68 in operating cash flow ($213.2M OCF vs $313.2M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$2.1B
YoY-0.0%
5Y CAGR+16.5%
10Y CAGR+21.8%

Green Brick Partners Inc generated $2.1B in revenue in fiscal year 2025. This represents a decrease of 0.0% from the prior year.

EBITDA
N/A
Net Income
$313.2M
YoY-17.9%
5Y CAGR+22.5%
10Y CAGR+35.2%

Green Brick Partners Inc reported $313.2M in net income in fiscal year 2025. This represents a decrease of 17.9% from the prior year.

EPS (Diluted)
$7.07
YoY-16.3%
5Y CAGR+25.8%
10Y CAGR+34.0%

Green Brick Partners Inc earned $7.07 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 16.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$208.4M
YoY+867.4%
5Y CAGR+45.3%

Green Brick Partners Inc generated $208.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 867.4% from the prior year.

Cash & Debt
$191.0M
YoY+34.9%
5Y CAGR+57.9%
10Y CAGR+24.6%

Green Brick Partners Inc held $191.0M in cash against $323.3M in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
43M
YoY-2.9%
5Y CAGR-3.1%
10Y CAGR-1.2%

Green Brick Partners Inc had 43M shares outstanding in fiscal year 2025. This represents a decrease of 2.9% from the prior year.

Margins & Returns

Gross Margin
30.5%
YoY-3.0pp
5Y CAGR+6.5pp
10Y CAGR+9.2pp

Green Brick Partners Inc's gross margin was 30.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 3.0 percentage points from the prior year.

Operating Margin
N/A
Net Margin
14.9%
YoY-3.3pp
5Y CAGR+3.3pp
10Y CAGR+9.7pp

Green Brick Partners Inc's net profit margin was 14.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.3 percentage points from the prior year.

Return on Equity
16.9%
YoY-6.6pp
5Y CAGR-0.9pp
10Y CAGR+12.6pp

Green Brick Partners Inc's ROE was 16.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$83.8M
YoY+73.0%

Green Brick Partners Inc spent $83.8M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 73.0% from the prior year.

Capital Expenditures
$4.8M
YoY+9.9%
5Y CAGR+10.6%
10Y CAGR+31.6%

Green Brick Partners Inc invested $4.8M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 9.9% from the prior year.

GRBK Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $552.6M+10.7% $499.1M-9.1% $549.1M+10.4% $497.6M-12.3% $567.3M+8.3% $523.7M-6.6% $560.6M+25.3% $447.3M
Cost of Revenue $390.6M+13.7% $343.6M-10.0% $381.6M+11.6% $341.8M-8.4% $373.3M+6.0% $352.1M-5.1% $371.0M+24.0% $299.1M
Gross Profit $162.0M+4.2% $155.5M-7.2% $167.5M+7.5% $155.8M-19.7% $194.0M+13.1% $171.6M-9.5% $189.7M+27.9% $148.3M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $58.6M+0.7% $58.1M-2.7% $59.8M+8.9% $54.9M-9.5% $60.7M+5.0% $57.7M+0.2% $57.6M+13.9% $50.6M
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A $0 $0 N/A N/A $0 $0 N/A
Income Tax $26.3M+13.1% $23.2M+1.2% $23.0M+3.3% $22.2M-3.0% $22.9M-0.7% $23.1M-3.4% $23.9M-3.8% $24.8M
Net Income $78.4M+0.7% $77.9M-5.0% $81.9M+9.2% $75.1M-27.7% $103.8M+16.5% $89.1M-15.4% $105.4M+26.5% $83.3M
EPS (Diluted) N/A $1.77-4.3% $1.85+10.8% $1.67 N/A $1.98-14.7% $2.32+27.5% $1.82

GRBK Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $2.5B+2.2% $2.5B+7.2% $2.3B+1.8% $2.3B+1.0% $2.2B+3.6% $2.2B+5.2% $2.1B+4.4% $2.0B
Current Assets N/A N/A N/A N/A N/A N/A N/A N/A
Cash & Equivalents $191.0M+34.1% $142.4M+26.6% $112.5M+9.2% $103.0M-27.2% $141.5M+76.8% $80.1M-39.9% $133.3M-28.3% $185.9M
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable $40.0M-0.7% $40.3M-4.1% $42.0M+233.4% $12.6M-9.1% $13.9M+22.3% $11.3M-22.9% $14.7M+70.4% $8.6M
Goodwill $680K0.0% $680K0.0% $680K0.0% $680K0.0% $680K0.0% $680K0.0% $680K0.0% $680K
Total Liabilities $601.8M-0.1% $602.4M+15.8% $520.4M+1.0% $515.3M-6.6% $551.8M-5.5% $584.2M+4.0% $561.8M+4.3% $538.7M
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt $323.3M N/A N/A N/A $339.9M N/A N/A N/A
Total Equity $1.9B+3.0% $1.8B+4.6% $1.7B+2.0% $1.7B+4.0% $1.6B+6.9% $1.5B+5.7% $1.4B+4.0% $1.4B
Retained Earnings $1.6B+3.8% $1.5B+5.4% $1.4B+1.9% $1.4B+5.6% $1.3B+8.4% $1.2B+5.9% $1.2B+7.6% $1.1B

GRBK Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $80.0M+884.6% -$10.2M-113.6% $74.7M+8.7% $68.7M+137.6% $28.9M+566.6% -$6.2M-386.8% $2.2M+112.6% $1.0M
Capital Expenditures $1.6M-13.7% $1.8M+165.5% $687K-3.6% $713K-19.3% $883K-23.7% $1.2M-16.2% $1.4M+46.7% $942K
Free Cash Flow $78.4M+752.4% -$12.0M-116.2% $74.0M+8.8% $68.0M+142.5% $28.1M+481.2% -$7.4M-1043.5% $780K+940.0% $75K
Investing Cash Flow -$10.7M-45.9% -$7.3M+46.5% -$13.6M-14.0% -$12.0M-75.8% -$6.8M+71.1% -$23.5M-640.4% -$3.2M-105.2% $61.3M
Financing Cash Flow $223.0M+373.0% $47.1M+194.0% -$50.1M+38.6% -$81.6M-348.0% $32.9M+238.2% -$23.8M+53.6% -$51.3M-0.1% -$51.3M
Dividends Paid $719K0.0% $719K0.0% $719K0.0% $719K0.0% $719K0.0% $719K0.0% $719K0.0% $719K
Share Buybacks $23.0M $0-100.0% $43.8M+159.0% $16.9M+4205.1% $393K-92.8% $5.4M-86.0% $38.8M+933.3% $3.8M

GRBK Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin 29.3%-1.8pp 31.1%+0.7pp 30.5%-0.8pp 31.3%-2.9pp 34.2%+1.4pp 32.8%-1.1pp 33.8%+0.7pp 33.1%
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 14.2%-1.4pp 15.6%+0.7pp 14.9%-0.2pp 15.1%-3.2pp 18.3%+1.3pp 17.0%-1.8pp 18.8%+0.2pp 18.6%
Return on Equity 4.2%-0.1pp 4.3%-0.4pp 4.8%+0.3pp 4.4%-1.9pp 6.4%+0.5pp 5.9%-1.5pp 7.3%+1.3pp 6.0%
Return on Assets 3.1%-0.0pp 3.1%-0.4pp 3.5%+0.2pp 3.3%-1.3pp 4.6%+0.5pp 4.1%-1.0pp 5.1%+0.9pp 4.2%
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity 0.17-0.2 0.33+0.0 0.300.0 0.30+0.1 0.21-0.2 0.380.0 0.390.0 0.39
FCF Margin 14.2%+16.6pp -2.4%-15.9pp 13.5%-0.2pp 13.7%+8.7pp 4.9%+6.3pp -1.4%-1.6pp 0.1%+0.1pp 0.0%

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Frequently Asked Questions

Green Brick Partners Inc (GRBK) reported $2.1B in total revenue for fiscal year 2025. This represents a -0.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Green Brick Partners Inc (GRBK) revenue grew by 0% year-over-year, from $2.1B to $2.1B in fiscal year 2025.

Yes, Green Brick Partners Inc (GRBK) reported a net income of $313.2M in fiscal year 2025, with a net profit margin of 14.9%.

Green Brick Partners Inc (GRBK) reported diluted earnings per share of $7.07 for fiscal year 2025. This represents a -16.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Green Brick Partners Inc (GRBK) had $191.0M in cash and equivalents against $323.3M in long-term debt.

Green Brick Partners Inc (GRBK) had a gross margin of 30.5% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Green Brick Partners Inc (GRBK) had a net profit margin of 14.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Green Brick Partners Inc (GRBK) has a return on equity of 16.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Green Brick Partners Inc (GRBK) generated $208.4M in free cash flow during fiscal year 2025. This represents a 867.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Green Brick Partners Inc (GRBK) generated $213.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Green Brick Partners Inc (GRBK) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.

Green Brick Partners Inc (GRBK) invested $4.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Yes, Green Brick Partners Inc (GRBK) spent $83.8M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Green Brick Partners Inc (GRBK) had 43M shares outstanding as of fiscal year 2025.

Green Brick Partners Inc (GRBK) had a debt-to-equity ratio of 0.17 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Green Brick Partners Inc (GRBK) had a return on assets of 12.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Green Brick Partners Inc (GRBK) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Green Brick Partners Inc (GRBK) has an earnings quality ratio of 0.68x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Green Brick Partners Inc (GRBK) scores 58 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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