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Land developer and homebuilder operating in Dallas-Fort Worth, Atlanta and Colorado through controlled builder brands.
Land developer and homebuilder operating in Dallas-Fort Worth, Atlanta and Colorado through controlled builder brands.
Most income comes from selling finished homes through its own builder brands, fed by lots it develops on land it owns; a smaller share of lots is sold to outside builders. Greenlight Capital, David Einhorn's investment fund, has long been a large shareholder.
Moat: narrow (scale, process know-how). In-house land development gives lower lot costs than builders buying finished lots.
Headquarters: Plano, Texas, United States · Founded: 2005 · Employees: 620
Size Green Brick Partners (GRBK) is a United States Consumer Discretionary company (Homebuilding) with a market value of $2.75B, the 1597th largest of 3,117 United States companies the cockpit tracks. Shares closed at $64.82 on 6 Nov 2026.
Performance Over six months the shares fell 1.9%, against +1.4% for the median peer and -1.1% for the United States market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue fell 10.0% over the last twelve months (peer median +8.3%); the operating margin is 18.9% (peer median 8.4%).
Valuation It trades at 12.2× forward earnings against a peer median of 13.0× (6th cheapest of 18).
Price implies For today's price to make sense, revenue must grow about 8% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -8 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 0.8 points below its cost of capital (12.5% WACC).
Backlog Backlog (remaining performance obligations) was $5.70M at 30 Sep 2026, down 67% on a year earlier — 0.0 years of trailing revenue. Backlog detail →
Short interest Short interest is 5.7% of the free float (15 Oct 2026).
Next results Next results expected around 3 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $1.90B | $2.04B | $2.06B | $1.78B | $1.76B |
| Revenue growth | — | -1% | +16% | +1% | — |
| Gross profit | $573M | $636M | $699M | $545M | $521M |
| EBITDA | $364M | $415M | $482M | $359M | $361M |
| Net income | $273M | $313M | $382M | $285M | $292M |
| Free cash flow | $69.9M | $208M | $21.5M | $206M | $88.7M |
| Capital expenditure | $4.97M | $4.80M | $4.37M | $7.80M | $2.01M |
| Total debt | $345M | $329M | $345M | $355M | $371M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Green Brick Partners GRBK | $2.75B | -2% | -10% | 19% | 12.2× | 7.8% |
| KB Home KBH | $3.08B | +2% | -21% | 5% | 14.9× | 15.2% |
| LGI Homes LGIH | $1.06B | -2% | -2% | 4% | 17.1× | 18.3% |
| Century Communities CCS | $1.56B | 0% | -7% | 2% | 29.2× | n/a |
| M/I Homes MHO | $3.29B | 0% | -6% | 8% | 12.8× | 8.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GRBK | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +1.9% | +4.4% | 10th lowest of 21 |
| 6-month return | -1.9% | +1.4% | 8th lowest of 21 |
| Distance from 52-week high | -22.1% | -23.6% | 10th highest of 21 |
| Revenue growth (TTM) | -10.0% | +8.3% | 5th lowest of 21 |
| Operating margin | 18.9% | 8.4% | 2nd highest of 21 |
| Forward P/E | 12.2× | 13.0× | 6th cheapest of 18 |
| Growth the price implies (Req g, 7 yrs) | 7.8% | 3.2% | 7th most demanding of 16 |
| Growth delivered (Del g) | +15.9% | +8.3% | 3rd highest of 16 |
| Hurdle (Req g minus delivered) | -8.1 pp | -0.8 pp | 7th least demanding of 16 |
| ROIC minus cost of capital | -0.8 pp | -1.6 pp | 9th highest of 21 |
| EV / EBITDA | 8.5× | 9.6× | 7th cheapest of 17 |
| Net debt / EBITDA | 0.6× | 1.4× | 7th least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Green Brick Partners GRBK | United States | $2.75B | -2% | -10% | 19% | 12.2× | 7.8% | +15.9% |
| KB Home KBH | United States | $3.08B | +2% | -21% | 5% | 14.9× | 15.2% | +8.3% |
| Chengdu Hi-Tech Development 000628.SZ | China | $3.10B | -39% | -32% | 4% | n/a | 57.5% | -2.1% |
| M/I Homes MHO | United States | $3.29B | 0% | -6% | 8% | 12.8× | 8.3% | +7.7% |
| Ruentex Development 9945.TW | Taiwan | $2.27B | +13% | +37% | 19% | n/a | -1.0% | +15.5% |
| Bellway p.l.c BWY.L | United Kingdom | $3.42B | +19% | +14% | 10% | 15.4× | 3.2% | +0.3% |
| Iida 3291.T | Japan | $3.68B | -4% | +7% | 7% | 8.1× | n/a | n/a |
| Taylor Wimpey TW..L | United Kingdom | $3.88B | +5% | +9% | 10% | 16.0× | 5.9% | +6.6% |
| Cairn Homes CRN.L | United Kingdom | $1.92B | +18% | +44% | 18% | 11.9× | -0.7% | +28.6% |
| GS Engineering & Construction 006360.KS | South Korea | $1.86B | -22% | -15% | 3% | 16.8× | -9.8% | +4.2% |
| Berkeley BKG.L | United Kingdom | $4.44B | +12% | -4% | 19% | 13.0× | 1.2% | +1.6% |
| Katitas 8919.T | Japan | $1.69B | +11% | +20% | 12% | 18.6× | n/a | n/a |
| Haseko 1808.T | Japan | $4.50B | -1% | +10% | 8% | 9.9× | -11.6% | +9.5% |
| Century Communities CCS | United States | $1.56B | 0% | -7% | 2% | 29.2× | n/a | n/a |
| Sumitomo Forestry 1911.T | Japan | $4.87B | -10% | +14% | 6% | 12.5× | 2.8% | +15.2% |
| Cavco Industries CVCO | United States | $4.87B | +32% | +12% | 10% | 24.2× | 15.2% | +15.2% |
| Champion Homes SKY | United States | $4.96B | +25% | +3% | 8% | 24.2× | 10.8% | +13.4% |
| Gemdale 600383.SS | China | $1.45B | -26% | -47% | -24% | n/a | 10.8% | -15.6% |
| Persimmon PSN.L | United Kingdom | $5.64B | +22% | +17% | 11% | 13.0× | n/a | n/a |
| Open House 3288.T | Japan | $5.66B | -15% | +6% | 12% | 7.3× | -8.1% | +18.2% |
| Nishimatsu Construction 1820.T | Japan | $1.28B | -11% | +14% | 8% | 9.6× | n/a | n/a |
Green Brick Partners reported $5.70M of remaining performance obligations at 30 Sep 2026, down 67% from a year earlier and down 24% from the previous quarter. That is 0.0 years of trailing revenue already under contract. Book-to-bill last quarter: 1.00.