What is Green Brick Partners Inc's earnings per share (EPS)?

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.

Green Brick Partners Inc Financials

GRBK

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 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).

Rhea AI GRBK FY2025 2026-04-30

Cash generation depends more on balance-sheet timing than on capex, while retained earnings steadily reduce leverage.

The latest year shows cash conversion recovered: revenue stayed near $2.10B while operating cash flow rebounded to $213.2M despite lower earnings. With capex still under $5M and free cash flow at $208.4M, the swing points to working-capital timing rather than heavy reinvestment, so cash output depends more on balance-sheet release than on fixed-asset spending.

The stronger cash year did not come from better unit economics: gross margin fell to 30.5% from 33.5% even though sales were roughly unchanged. That margin squeeze pulled net margin down to 14.9%, showing the business converted each sales dollar into less accounting profit even as cash receipts improved.

The balance sheet has been internally strengthened: retained earnings expanded from $997M to $1.57B across the last three years. At the same time, debt usage eased, with debt-to-equity moving from 0.3x to 0.2x, which suggests growth has been financed more by kept profits than by added leverage.

Financial Health Signals

Financial health score pending refresh

We are recalculating Green Brick Partners Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. 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

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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.

EBITDA

N/A

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.

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.

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

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.

Operating Margin

N/A

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.

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	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.0B-1.0%	$2.1B+17.8%	$1.7B-0.5%	$1.8B+25.3%	$1.4B+43.7%	$976.0M
Cost of Revenue	$1.4B+3.0%	$1.4B+13.1%	$1.2B-2.7%	$1.2B+18.6%	$1.0B+40.4%	$741.4M
Gross Profit	$640.8M-8.9%	$703.5M+28.3%	$548.2M+4.8%	$523.0M+44.5%	$362.1M+54.3%	$234.6M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$231.4M+2.1%	$226.6M+17.4%	$193.0M+17.7%	$163.9M+22.1%	$134.3M+19.7%	$112.1M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$0	$0	$0	$0	$0	$0
Income Tax	$94.7M-0.1%	$94.7M+11.9%	$84.6M+2.6%	$82.5M+56.8%	$52.6M+110.3%	$25.0M
Net Income	$343.5M-17.7%	$417.2M+36.0%	$306.7M-2.3%	$314.0M+53.6%	$204.4M+79.8%	$113.7M
EPS (Diluted)	$7.07-16.3%	$8.45+37.6%	$6.14+2.0%	$6.02+61.8%	$3.72+66.1%	$2.24

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$465.5M-12.5%	$531.9M+9.8%	$484.2M-9.4%	$534.6M+9.2%	$489.3M-11.9%	$555.5M+8.0%	$514.3M-6.9%	$552.5M
Cost of Revenue	$324.3M-6.1%	$345.3M+0.5%	$343.6M-10.0%	$381.6M+16.1%	$328.7M-2.1%	$335.8M-4.6%	$352.1M-5.1%	$371.0M
Gross Profit	$131.7M-18.7%	$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
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$52.6M-13.6%	$60.9M+4.7%	$58.1M-2.7%	$59.8M+13.7%	$52.6M-13.3%	$60.7M+5.0%	$57.7M+0.2%	$57.6M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	$0	$0	N/A	N/A	$0	$0
Income Tax	$18.4M-29.8%	$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
Net Income	$60.9M-43.9%	$108.7M+39.6%	$77.9M-5.0%	$81.9M+9.2%	$75.1M-46.1%	$139.4M+56.4%	$89.1M-15.4%	$105.4M
EPS (Diluted)	$1.39	N/A	$1.77-4.3%	$1.85+10.8%	$1.67	N/A	$1.98-14.7%	$2.32

GRBK Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.5B+12.7%	$2.2B+18.2%	$1.9B+14.9%	$1.7B+16.4%	$1.4B+43.8%	$988.8M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$154.6M+9.2%	$141.5M-21.3%	$179.8M+134.7%	$76.6M-0.7%	$77.2M+296.1%	$19.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$40.0M+188.5%	$13.9M+30.3%	$10.6M+101.1%	$5.3M-23.0%	$6.9M+31.5%	$5.2M
Goodwill	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K
Total Liabilities	$601.8M+9.1%	$551.8M+0.6%	$548.7M+0.9%	$543.6M+6.3%	$511.3M+56.9%	$325.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
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
Total Equity	$1.9B+14.4%	$1.6B+25.0%	$1.3B+22.5%	$1.1B+21.4%	$874.5M+36.6%	$640.2M
Retained Earnings	$1.6B+17.6%	$1.3B+33.7%	$997.0M+32.2%	$754.3M+39.7%	$539.9M+54.4%	$349.7M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$2.5B-0.3%	$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
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$144.9M-6.2%	$154.6M+8.5%	$142.4M+26.6%	$112.5M+9.2%	$103.0M-27.2%	$141.5M+76.8%	$80.1M-39.9%	$133.3M
Inventory	$137.8M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$30.8M-22.9%	$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
Goodwill	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K0.0%	$680K
Total Liabilities	$542.5M-9.9%	$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
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$323.3M	N/A	N/A	N/A	$339.9M	N/A	N/A
Total Equity	$1.9B+3.1%	$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
Retained Earnings	$1.6B+3.4%	$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

GRBK Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$213.2M+723.0%	$25.9M-87.9%	$213.3M+135.3%	$90.7M+198.2%	-$92.4M-362.9%	$35.1M
Capital Expenditures	$4.8M+9.9%	$4.4M-44.1%	$7.8M+287.8%	$2.0M-0.6%	$2.0M-30.2%	$2.9M
Free Cash Flow	$208.4M+867.4%	$21.5M-89.5%	$205.5M+131.8%	$88.7M+193.9%	-$94.4M-392.9%	$32.2M
Investing Cash Flow	-$43.6M-256.5%	$27.8M+308.5%	-$13.3M-106.1%	-$6.5M-218.6%	-$2.0M+84.8%	-$13.3M
Financing Cash Flow	-$138.4M-48.0%	-$93.5M+0.3%	-$93.8M-11.0%	-$84.5M-154.7%	$154.3M+697.0%	-$25.9M
Dividends Paid	$2.9M0.0%	$2.9M0.0%	$2.9M+2.2%	$2.8M	$0	$0
Share Buybacks	$83.8M+73.0%	$48.4M+5.8%	$45.8M-54.9%	$101.5M	$0	$0

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$56.3M-29.6%	$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
Capital Expenditures	$1.2M-22.0%	$1.6M-13.7%	$1.8M+165.5%	$687K-3.6%	$713K-19.3%	$883K-23.7%	$1.2M-16.2%	$1.4M
Free Cash Flow	$55.0M-29.8%	$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
Investing Cash Flow	-$4.7M+56.0%	-$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
Financing Cash Flow	-$65.5M-21.8%	-$53.8M-214.1%	$47.1M+194.0%	-$50.1M+38.6%	-$81.6M-348.0%	$32.9M+238.2%	-$23.8M+53.6%	-$51.3M
Dividends Paid	$719K0.0%	$719K0.0%	$719K0.0%	$719K0.0%	$719K0.0%	$719K0.0%	$719K0.0%	$719K
Share Buybacks	$7.3M-68.4%	$23.0M	$0-100.0%	$43.8M+159.0%	$16.9M+4205.1%	$393K-92.8%	$5.4M-86.0%	$38.8M

GRBK Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	31.4%-2.7pp	34.1%+2.8pp	31.3%+1.6pp	29.8%+3.9pp	25.8%+1.8pp	24.0%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	16.8%-3.4pp	20.2%+2.7pp	17.5%-0.3pp	17.9%+3.3pp	14.6%+2.9pp	11.7%
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%
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%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.17-0.0	0.21-0.1	0.27-0.1	0.35-0.0	0.39+0.0	0.34
FCF Margin	10.2%+9.2pp	1.1%-10.7pp	11.8%+6.7pp	5.0%+11.8pp	-6.7%-10.0pp	3.3%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	28.3%-2.2pp	30.5%-1.6pp	32.1%+0.8pp	31.3%-0.5pp	31.8%-3.1pp	34.9%+1.6pp	33.4%-1.0pp	34.3%
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	13.1%-7.3pp	20.4%+4.4pp	16.1%+0.8pp	15.3%-0.0pp	15.3%-9.8pp	25.1%+7.8pp	17.3%-1.7pp	19.1%
Return on Equity	3.2%-2.7pp	5.8%+1.5pp	4.3%-0.4pp	4.8%+0.3pp	4.4%-4.1pp	8.6%+2.7pp	5.9%-1.5pp	7.3%
Return on Assets	2.4%-1.9pp	4.3%+1.2pp	3.1%-0.4pp	3.5%+0.2pp	3.3%-2.9pp	6.2%+2.1pp	4.1%-1.0pp	5.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.28+0.1	0.17-0.2	0.33+0.0	0.300.0	0.30+0.1	0.21-0.2	0.380.0	0.39
FCF Margin	11.8%-2.9pp	14.7%+17.2pp	-2.5%-16.3pp	13.9%-0.1pp	13.9%+8.9pp	5.1%+6.5pp	-1.4%-1.6pp	0.1%

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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% 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.

Does Green Brick Partners Inc buy back shares?

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

How many shares does Green Brick Partners Inc have outstanding?

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

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.