Green Brick Partners, Inc.

GRBK NYSE Consumer Discretionary · Operative Builders Plano, TX greenbrickpartners.com
$67.03
Mkt Cap 2.84B

Homebuilder and land developer that builds and sells single-family homes through several builder brands in the Dallas-Fort Worth, Austin and Houston, Texas, and Atlanta, Georgia areas and Florida's Treasure Coast.

From the annual report

Green Brick Partners, Inc. and its subsidiaries ( Green Brick , the Company , we or us ) is a diversified homebuilding and land development company. We acquire and develop land and build homes through our seven brands of builders in three major markets. Our core markets are in the high growth U.S. metropolitan areas of Dallas-Fort Worth ( DFW ), Austin, and Houston, Texas, and Atlanta, Georgia, as well as the Treasure Coast, Florida area. We handle every stage of homebuilding, from acquiring and developing land, securing entitlements, designing homes, constructing properties, to providing title, mortgage, and insurance agency services. We also manage marketing and sales, and the creation of master planned communities. We believe we offer higher quality homes with more distinctive designs and floor plans than those built by our competitors at comparable prices. Many of our communities are located in premium locations and have high-end common areas and amenities. We seek to enhance our homebuyers’ experience by utilizing high-quality materials, and building well-crafted homes. We seek to not only maximize value over the long term but to mitigate risks in the event of a downturn by minimizing leverage, controlling costs, and quickly reacting to regional and local market trends We are a leading lot developer in our markets and believe that our strict operating discipline provides us with a competitive advantage in seeking to maximize returns while minimizing risk.

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/100 Overall
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REVENUE TTM
$1.96B
FCF TTM
$69.9M
P/E RATIO
10.4x
P/FCF
40.7x
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