STOCK TITAN

Green Brick Partners Inc Financials

GRBK
FY2025 annual
Revenue $2.0B -1.0% YoY
Net Income $343.5M -17.7% YoY
EPS (Diluted) $7.07 -16.3% YoY
Free Cash Flow $208.4M +867.4% YoY
Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

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).

Rhea AI GRBK FY2025

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 $1.90B to $2.53B while liabilities rose much more slowly. At the same time, debt to equity fell from 0.3x to 0.2x, a self-funding expansion pattern where retained earnings supplied more of the growth than new borrowing.

The prior year's profitability peak did not persist: gross margin slipped to 31.4% from 34.1%, and ROE also stepped down. Even so, financing cash flow stayed negative because repurchases continued, with buybacks reaching $83.8M, which implies shareholder returns were funded from internally generated cash rather than from a new borrowing push.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

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.

Piotroski F-Score Partial
4/8

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.

Earnings Quality Mixed
0.62x

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

Export CSV

Earnings & Revenue

Revenue
$2.0B
YoY-1.0%
5Y CAGR+15.9%
10Y CAGR+21.5%

Green Brick Partners Inc generated $2.0B in revenue in fiscal year 2025. This represents a decrease of 1.0% from the prior year.

Net Income
$343.5M
YoY-17.7%
5Y CAGR+24.8%
10Y CAGR+36.5%

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.

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.

EBITDA

Not reported for fiscal year 2025.

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
$154.6M
YoY+9.2%
5Y CAGR+51.3%
10Y CAGR+22.0%

Green Brick Partners Inc held $154.6M in cash against $323.3M in long-term debt as of fiscal year 2025.

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.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin
31.4%
YoY-2.7pp
5Y CAGR+7.4pp
10Y CAGR+10.0pp

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.

Net Margin
16.8%
YoY-3.4pp
5Y CAGR+5.2pp
10Y CAGR+11.6pp

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.

Return on Equity
18.5%
YoY-7.2pp
5Y CAGR+0.7pp
10Y CAGR+14.2pp

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.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

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.

R&D Spending

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.

GRBK annual income statement
MetricTTMFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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%$303.2MN/AN/AN/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 IncomeN/AN/AN/AN/AN/AN/AN/AN/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 ExpenseN/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$1.55N/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.

GRBK annual balance sheet
MetricFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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 AssetsN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/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
InventoryN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/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$0N/AN/AN/AN/AN/AN/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 LiabilitiesN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/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%$241.0MN/A$105.8M+23.1%$85.9M+49.1%$57.7M-67.3%$176.2MN/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.

GRBK annual cash flow statement
MetricTTMFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
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$0N/AN/AN/AN/AN/AN/AN/AN/AN/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$0N/AN/AN/AN/AN/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.

GRBK annual financial ratios
MetricFY25FY24FY23FY22FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11
Gross Margin31.4%-2.7pp34.1%+2.8pp31.3%+1.6pp29.8%+3.9pp25.8%+1.8pp24.0%+2.7pp21.4%-3.4pp24.7%-1.1pp25.9%+3.4pp22.4%+1.1pp21.4%-2.3pp23.7%-5.0pp28.7%+35.3pp-6.6%-8.2pp1.6%
Operating MarginN/AN/AN/AN/AN/AN/AN/A11.5%-1.6pp13.1%+0.5pp12.6%+1.5pp11.1%-3.4pp14.5%-5.3pp19.8%+21.1pp-1.3%-1.3pp0.0%
Net Margin16.8%-3.4pp20.2%+2.7pp17.5%-0.3pp17.9%+3.3pp14.6%+2.9pp11.7%+4.2pp7.4%-0.9pp8.3%+5.0pp3.3%-2.8pp6.1%+0.8pp5.3%-15.1pp20.3%+4.5pp15.8%+12.1pp3.7%+5.0pp-1.3%
Return on Equity18.5%-7.2pp25.7%+2.1pp23.6%-6.0pp29.6%+6.2pp23.4%+5.6pp17.8%+6.6pp11.2%+0.2pp11.0%+7.4pp3.6%-2.6pp6.2%+1.9pp4.3%-24.9pp29.1%+12.2pp16.9%-13.7pp30.6%+39.8pp-9.2%
Return on Assets13.6%-5.0pp18.5%+2.4pp16.1%-2.8pp19.0%+4.6pp14.4%+2.9pp11.5%+4.8pp6.7%+0.1pp6.6%+4.1pp2.5%-1.9pp4.4%+1.2pp3.2%-9.3pp12.5%+0.6pp11.9%+5.1pp6.9%+9.8pp-2.9%
Current RatioN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3.38-68.7x72.11+69.8x2.35
Debt-to-Equity0.170.0x0.21-0.1x0.27-0.1x0.350.0x0.390.0x0.34-0.1x0.46-0.2x0.62+0.4x0.250.0x0.22+0.1x0.16-0.9x1.03+0.7x0.37+0.3x0.05-1.7x1.77
FCF Margin10.2%+9.2pp1.1%-10.7pp11.8%+6.7pp5.0%+11.8pp-6.7%-10.0pp3.3%+6.4pp-3.1%+3.7pp-6.8%-2.9pp-4.0%-2.6pp-1.4%+14.3pp-15.7%-16.2pp0.5%+25.2pp-24.7%-10.8pp-13.9%-17.0pp3.2%

Similar Companies

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%.

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 $154.6M in cash and equivalents against $323.3M in long-term debt.

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.

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.

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.

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 13.6% 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 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.

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.

Back to top