Green Brick Partners Inc (GRBK) reported $2.0B in revenue for fiscal year 2025, down 1.0% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 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).
Working-capital swings dominated reported performance, while falling leverage let the company keep compounding equity without stretching the balance sheet.
The latest year produced$213M of operating cash flow versus just$25.9M a year earlier even though net income moved lower, not higher. That reversal shows cash conversion was driven by balance-sheet timing rather than earnings alone, making the prior year the stronger paper year and the latest year the stronger cash-harvest year.
From FY2023 to FY2025, total assets expanded from
The prior year's profitability peak did not persist: gross margin slipped to
Financial Health Signals
Green Brick Partners Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Green Brick Partners Inc passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Green Brick Partners Inc generates $0.62 in operating cash flow ($213.2M OCF vs $343.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Key Financial Metrics
Earnings & Revenue
Green Brick Partners Inc generated $2.0B in revenue in fiscal year 2025. This represents a decrease of 1.0% from the prior year.
Green Brick Partners Inc reported $343.5M in net income in fiscal year 2025. This represents a decrease of 17.7% from the prior year.
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.
Not reported for fiscal year 2025.
Cash & Balance Sheet
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.
Green Brick Partners Inc held $154.6M in cash against $323.3M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Green Brick Partners Inc's gross margin was 31.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 2.7 percentage points from the prior year.
Green Brick Partners Inc's net profit margin was 16.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 3.4 percentage points from the prior year.
Green Brick Partners Inc's ROE was 18.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 7.2 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
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.
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.
Not reported for fiscal year 2025.
GRBK Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B-1.0% | $2.1B+17.8% | $1.7B-0.5% | $1.8B+25.3% | $1.4B+43.7% | $976.0M+23.3% | $791.7M+26.9% | $623.6M+36.1% | $458.3M+17.2% | $391.0M+34.3% | $291.1M+18.3% | $246.1M+21.6% | $202.3M-56.3% | $463.3M-29.1% | $653.1M |
| Cost of Revenue | $1.4B | $1.4B+3.0% | $1.4B+13.1% | $1.2B-2.7% | $1.2B+18.6% | $1.0B+40.4% | $741.4M+19.1% | $622.6M+32.6% | $469.4M+38.2% | $339.8M+12.1% | $303.2M | N/A | N/A | N/A | $493.9M-23.1% | $642.5M |
| Gross Profit | $594.5M | $640.8M-8.9% | $703.5M+28.3% | $548.2M+4.8% | $523.0M+44.5% | $362.1M+54.3% | $234.6M+38.8% | $169.1M+9.6% | $154.2M+30.2% | $118.5M+35.0% | $87.8M+41.0% | $62.3M+6.9% | $58.2M+0.3% | $58.0M+289.5% | -$30.6M-389.7% | $10.6M |
| SG&A Expenses | $228.3M | $231.4M+2.1% | $226.6M+17.4% | $193.0M+17.7% | $163.9M+22.1% | $134.3M+19.7% | $112.1M+14.7% | $97.8M+22.2% | $80.0M+37.0% | $58.4M+51.3% | $38.6M+181.9% | $13.7M+39.3% | $9.8M+48.6% | $6.6M+100.0% | $3.3M-54.2% | $7.2M |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $71.8M+19.6% | $60.0M+22.2% | $49.1M+52.2% | $32.3M-9.6% | $35.7M-11.1% | $40.1M+759.1% | -$6.1M-2491.5% | -$235K |
| Interest Expense | N/A | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $281K-79.8% | $1.4M+342.2% | $315K-10.3% | $351K-96.5% | $10.1M |
| Income Tax | $88.6M | $94.7M-0.1% | $94.7M+11.9% | $84.6M+2.6% | $82.5M+56.8% | $52.6M+110.3% | $25.0M+24.9% | $20.0M+16.9% | $17.1M-56.1% | $39.0M+153.8% | $15.4M+67.7% | $9.2M+136.9% | -$24.9M-7700.3% | $327K+41.6% | $231K | $0 |
| Net Income | $321.6M | $343.5M-17.7% | $417.2M+36.0% | $306.7M-2.3% | $314.0M+53.6% | $204.4M+79.8% | $113.7M+93.8% | $58.7M+13.6% | $51.6M+244.8% | $15.0M-37.0% | $23.8M+55.0% | $15.3M-69.4% | $50.0M+56.3% | $32.0M+86.2% | $17.2M+297.2% | -$8.7M |
| EPS (Diluted) | — | $7.07-16.3% | $8.45+37.6% | $6.14+2.0% | $6.02+61.8% | $3.72+66.1% | $2.24+93.1% | $1.16+13.7% | $1.02+240.0% | $0.30-38.8% | $0.49+28.9% | $0.38 | $3.40 | $2.88 | $1.55 | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GRBK Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.5B+12.7% | $2.2B+18.2% | $1.9B+14.9% | $1.7B+16.4% | $1.4B+43.8% | $988.8M+12.9% | $875.5M+11.7% | $784.0M+28.3% | $611.0M+12.9% | $541.0M+14.2% | $473.9M+18.4% | $400.3M+49.1% | $268.4M+7.2% | $250.4M-16.4% | $299.6M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $15.6M+32.4% | $11.8M-79.6% | $57.5M |
| Cash & Equivalents | $154.6M+9.2% | $141.5M-21.3% | $179.8M+134.7% | $76.6M-0.7% | $77.2M+296.1% | $19.5M-41.4% | $33.3M-20.3% | $41.8M+3.6% | $40.3M+14.6% | $35.2M+65.8% | $21.2M-6.4% | $22.6M+25.4% | $18.1M+152.2% | $7.2M-11.8% | $8.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $13.4M-48.7% | $26.2M |
| Accounts Receivable | $40.0M+188.5% | $13.9M+30.3% | $10.6M+101.1% | $5.3M-23.0% | $6.9M+31.5% | $5.2M+10.7% | $4.7M-2.5% | $4.8M+201.7% | $1.6M-34.4% | $2.4M-26.1% | $3.3M+342.5% | $749K+1820.5% | $39K-99.6% | $9.3M-31.9% | $13.6M |
| Goodwill | $680K0.0% | $680K0.0% | $680K0.0% | $680K0.0% | $680K0.0% | $680K0.0% | $680K0.0% | $680K | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $601.8M+9.1% | $551.8M+0.6% | $548.7M+0.9% | $543.6M+6.3% | $511.3M+56.9% | $325.9M+0.1% | $325.5M+12.3% | $289.9M+62.9% | $178.0M+27.6% | $139.5M+36.7% | $102.0M-53.4% | $218.7M+214.3% | $69.6M-64.4% | $195.3M-2.2% | $199.6M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $4.6M+2722.7% | $163K-99.3% | $24.5M |
| Long-Term Debt | $323.3M-4.9% | $339.9M-3.0% | $350.5M-5.8% | $371.9M+9.6% | $339.5M+54.0% | $220.5M-8.5% | $241.0M | N/A | $105.8M+23.1% | $85.9M+49.1% | $57.7M-67.3% | $176.2M | N/A | $2.8M-98.3% | $166.9M |
| Total Equity | $1.9B+14.4% | $1.6B+25.0% | $1.3B+22.5% | $1.1B+21.4% | $874.5M+36.6% | $640.2M+22.4% | $523.2M+11.7% | $468.4M+12.5% | $416.3M+8.3% | $384.6M+7.0% | $359.5M+109.2% | $171.9M-9.1% | $189.1M+236.3% | $56.2M-40.4% | $94.3M |
| Retained Earnings | $1.6B+17.6% | $1.3B+33.7% | $997.0M+32.2% | $754.3M+39.7% | $539.9M+54.4% | $349.7M+48.8% | $235.0M+32.4% | $177.5M+41.0% | $125.9M+13.5% | $110.9M+27.3% | $87.2M+24.7% | $69.9M+111.8% | $33.0M+125.6% | -$129.1M-44.6% | -$89.3M |
GRBK Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $117.2M | $213.2M+723.0% | $25.9M-87.9% | $213.3M+135.3% | $90.7M+198.2% | -$92.4M-362.9% | $35.1M+259.3% | -$22.1M+44.1% | -$39.5M-119.3% | -$18.0M-271.0% | -$4.9M+89.3% | -$45.4M-2667.2% | $1.8M+103.5% | -$49.9M+21.7% | -$63.7M-370.3% | $23.6M |
| Capital Expenditures | $5.6M | $4.8M+9.9% | $4.4M-44.1% | $7.8M+287.8% | $2.0M-0.6% | $2.0M-30.2% | $2.9M+12.6% | $2.6M-19.7% | $3.2M+2055.0% | $149K-67.5% | $458K+49.2% | $307K-41.0% | $520K+430.6% | $98K-80.0% | $491K-82.7% | $2.8M |
| Free Cash Flow | $111.6M | $208.4M+867.4% | $21.5M-89.5% | $205.5M+131.8% | $88.7M+193.9% | -$94.4M-392.9% | $32.2M+230.9% | -$24.6M+42.3% | -$42.7M-135.2% | -$18.2M-241.8% | -$5.3M+88.4% | -$45.7M-3760.6% | $1.2M+102.5% | -$50.0M+22.1% | -$64.2M-409.7% | $20.7M |
| Investing Cash Flow | -$30.2M | -$43.6M-256.5% | $27.8M+308.5% | -$13.3M-106.1% | -$6.5M-218.6% | -$2.0M+84.8% | -$13.3M-69.2% | -$7.9M+74.4% | -$30.8M-6986.7% | -$435K+5.0% | -$458K-118.6% | $2.5M-80.5% | $12.6M+17.0% | $10.8M+327.8% | $2.5M+188.7% | -$2.8M |
| Financing Cash Flow | -$78.4M | -$138.4M-48.0% | -$93.5M+0.3% | -$93.8M-11.0% | -$84.5M-154.7% | $154.3M+697.0% | -$25.9M-200.0% | $25.9M-64.0% | $71.8M+275.3% | $19.1M-9.5% | $21.1M-51.7% | $43.8M+546.3% | -$9.8M-120.2% | $48.6M-19.2% | $60.2M+562.7% | -$13.0M |
| Dividends Paid | $2.9M | $2.9M0.0% | $2.9M0.0% | $2.9M+2.2% | $2.8M | $0 | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $39.7M | $83.8M+73.0% | $48.4M+5.8% | $45.8M-54.9% | $101.5M | $0 | $0-100.0% | $2.2M+122.8% | $981K | $0 | $0 | N/A | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
GRBK Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 31.4%-2.7pp | 34.1%+2.8pp | 31.3%+1.6pp | 29.8%+3.9pp | 25.8%+1.8pp | 24.0%+2.7pp | 21.4%-3.4pp | 24.7%-1.1pp | 25.9%+3.4pp | 22.4%+1.1pp | 21.4%-2.3pp | 23.7%-5.0pp | 28.7%+35.3pp | -6.6%-8.2pp | 1.6% |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 11.5%-1.6pp | 13.1%+0.5pp | 12.6%+1.5pp | 11.1%-3.4pp | 14.5%-5.3pp | 19.8%+21.1pp | -1.3%-1.3pp | 0.0% |
| Net Margin | 16.8%-3.4pp | 20.2%+2.7pp | 17.5%-0.3pp | 17.9%+3.3pp | 14.6%+2.9pp | 11.7%+4.2pp | 7.4%-0.9pp | 8.3%+5.0pp | 3.3%-2.8pp | 6.1%+0.8pp | 5.3%-15.1pp | 20.3%+4.5pp | 15.8%+12.1pp | 3.7%+5.0pp | -1.3% |
| Return on Equity | 18.5%-7.2pp | 25.7%+2.1pp | 23.6%-6.0pp | 29.6%+6.2pp | 23.4%+5.6pp | 17.8%+6.6pp | 11.2%+0.2pp | 11.0%+7.4pp | 3.6%-2.6pp | 6.2%+1.9pp | 4.3%-24.9pp | 29.1%+12.2pp | 16.9%-13.7pp | 30.6%+39.8pp | -9.2% |
| Return on Assets | 13.6%-5.0pp | 18.5%+2.4pp | 16.1%-2.8pp | 19.0%+4.6pp | 14.4%+2.9pp | 11.5%+4.8pp | 6.7%+0.1pp | 6.6%+4.1pp | 2.5%-1.9pp | 4.4%+1.2pp | 3.2%-9.3pp | 12.5%+0.6pp | 11.9%+5.1pp | 6.9%+9.8pp | -2.9% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | 3.38-68.7x | 72.11+69.8x | 2.35 |
| Debt-to-Equity | 0.170.0x | 0.21-0.1x | 0.27-0.1x | 0.350.0x | 0.390.0x | 0.34-0.1x | 0.46-0.2x | 0.62+0.4x | 0.250.0x | 0.22+0.1x | 0.16-0.9x | 1.03+0.7x | 0.37+0.3x | 0.05-1.7x | 1.77 |
| FCF Margin | 10.2%+9.2pp | 1.1%-10.7pp | 11.8%+6.7pp | 5.0%+11.8pp | -6.7%-10.0pp | 3.3%+6.4pp | -3.1%+3.7pp | -6.8%-2.9pp | -4.0%-2.6pp | -1.4%+14.3pp | -15.7%-16.2pp | 0.5%+25.2pp | -24.7%-10.8pp | -13.9%-17.0pp | 3.2% |
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Where Green Brick Partners Inc Ranks
Frequently Asked Questions
What is Green Brick Partners Inc's annual revenue?
Green Brick Partners Inc (GRBK) reported $2.0B in total revenue for fiscal year 2025. This represents a -1.0% 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.
How fast is Green Brick Partners Inc's revenue growing?
Green Brick Partners Inc (GRBK) revenue declined by 1.0% year-over-year, from $2.1B to $2.0B in fiscal year 2025.
Is Green Brick Partners Inc profitable?
Yes, Green Brick Partners Inc (GRBK) reported a net income of $343.5M in fiscal year 2025, with a net profit margin of 16.8%.
How much debt does Green Brick Partners Inc have?
As of fiscal year 2025, Green Brick Partners Inc (GRBK) had $154.6M in cash and equivalents against $323.3M in long-term debt.
What is Green Brick Partners Inc's gross margin?
Green Brick Partners Inc (GRBK) had a gross margin of 31.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Green Brick Partners Inc's net profit margin?
Green Brick Partners Inc (GRBK) had a net profit margin of 16.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Green Brick Partners Inc's return on equity (ROE)?
Green Brick Partners Inc (GRBK) has a return on equity of 18.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Green Brick Partners Inc's free cash flow?
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.
What is Green Brick Partners Inc's operating cash flow?
Green Brick Partners Inc (GRBK) generated $213.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Green Brick Partners Inc's total assets?
Green Brick Partners Inc (GRBK) had $2.5B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Green Brick Partners Inc's capital expenditures?
Green Brick Partners Inc (GRBK) invested $4.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Green Brick Partners Inc's debt-to-equity ratio?
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.
What is Green Brick Partners Inc's return on assets (ROA)?
Green Brick Partners Inc (GRBK) had a return on assets of 13.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Green Brick Partners Inc's Piotroski F-Score?
Green Brick Partners Inc (GRBK) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Green Brick Partners Inc's earnings high quality?
Green Brick Partners Inc (GRBK) has an earnings quality ratio of 0.62x, 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.