Firm Description
2018 Report Card
A/B
| 2018 Performance Final Grade: | 82.8/100 |
| 2017 Final Grade: | 74.3/100 |
Green Brick Partners (NASDAQ: GRBK), Plano, Texas is considered by some analysts to be among the best run companies in the business. Why? Total revenue grew by 36.1%, total SG&A, as a percent of revenue, was 9.1%, lowest among all public builders. Its backlog value was up 74.5%, and its metric of .71 units to break even per month per community is the lowest among all public builders. Its net debt to total capitalization ratio was 26%, one of the lowest among all the publics.
| Total revenue (in millions): | $623.6 |
| HB revenue (in millions): | $578.9 |
| Debt per share: | $3.95 |
| Equity per basic share: | $9.57 |
| HB pretax margin: | 11.5% |
| Backlog value (in millions): | $264.3 |
| Inventory (in millions): | 669.0 |
| Lot supply (in years): | 6.3 |
Financial 31.1/40
| Net debt-to-capital: | 23.0% |
| Pretax home building income (in millions): | $71,807 |
| Total SG&A/Total revenue: | 9.1% |
| Total SG&A (in millions): | 45.7% |
| Return on invested capital: | 8.1% |
| Return on equity: | 11.2% |
| Total shareholder return: | -36.2% |
| EPS: | 240.0% |
Land 15.6/20
| Community count: | 38.2% |
| Share of lots optioned to total controlled: | 22.8% |
Operations 18.9/20
| Home building gross margins: | 20.9% |
| Sales per month to break even (per community): | 0.7 |
| Revenue per employee (in millions): | $1,599 |
Sales and Marketing 17.2/20
| Closings: | 30.0% |
| Sales velocity (per community per month): | 1.5 |
| Unit backlog: | 87.7% |