GRBK: Green Brick Partners Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Green Brick Partners Inc (GRBK).
$2.51B Market Cap.
GRBK Market Cap. (MRY)
GRBK Shares Outstanding (MRY)
GRBK Assets (MRY)
Total Assets
$2.25B
Total Liabilities
$551.83M
Total Investments
$60.58M
GRBK Income (MRY)
Revenue
$2.10B
Net Income
$381.58M
Operating Expense
$226.57M
GRBK Cash Flow (MRY)
CF Operations
$25.91M
CF Investing
$27.84M
CF Financing
-$93.51M
GRBK Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,249,994,000 (18.24%) | $1,902,832,000 (14.93%) | $1,655,675,000 (16.44%) | $1,421,867,000 (43.79%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $962,000 (-8.12%) | $1,047,000 (-7.51%) | $1,132,000 (-6.98%) | $1,217,000 (-6.53%) |
Shareholders Equity | $1,625,415,000 (24.96%) | $1,300,704,000 (22.49%) | $1,061,907,000 (21.42%) | $874,548,000 (36.60%) |
Property Plant & Equipment Net | $13,793,000 (-3.61%) | $14,309,000 (124.38%) | $6,377,000 (-13.92%) | $7,408,000 (20.79%) |
Cash & Equivalents | $159,696,000 (-19.94%) | $199,459,000 (113.85%) | $93,270,000 (-0.30%) | $93,554,000 (178.14%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $60,582,000 (-28.44%) | $84,654,000 (14.05%) | $74,224,000 (33.46%) | $55,616,000 (19.75%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $1,937,732,000 (26.38%) | $1,533,223,000 (7.77%) | $1,422,680,000 (18.19%) | $1,203,743,000 (42.52%) |
Trade & Non-Trade Receivables | $13,858,000 (30.34%) | $10,632,000 (101.06%) | $5,288,000 (-23.04%) | $6,871,000 (31.53%) |
Trade & Non-Trade Payables | $59,746,000 (9.99%) | $54,321,000 (4.86%) | $51,804,000 (13.40%) | $45,682,000 (86.30%) |
Accumulated Retained Earnings (Deficit) | $1,332,714,000 (33.67%) | $997,037,000 (32.17%) | $754,341,000 (39.73%) | $539,866,000 (54.40%) |
Tax Assets | $13,984,000 (-8.64%) | $15,306,000 (-6.94%) | $16,448,000 (4.49%) | $15,741,000 (2.37%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $344,949,000 (-2.76%) | $354,758,000 (-4.49%) | $371,424,000 (9.35%) | $339,663,000 (52.69%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $551,831,000 (0.57%) | $548,684,000 (0.93%) | $543,621,000 (6.32%) | $511,306,000 (56.89%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
GRBK Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,098,943,000 (18.07%) | $1,777,710,000 (1.13%) | $1,757,793,000 (25.30%) | $1,402,876,000 (43.73%) |
Cost of Revenue | $1,395,422,000 (13.49%) | $1,229,528,000 (-0.42%) | $1,234,768,000 (18.63%) | $1,040,817,000 (40.38%) |
Selling General & Administrative Expense | $226,566,000 (17.41%) | $192,977,000 (17.71%) | $163,943,000 (22.10%) | $134,269,000 (19.74%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $226,566,000 (17.41%) | $192,977,000 (17.71%) | $163,943,000 (22.10%) | $134,269,000 (19.74%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $94,725,000 (11.92%) | $84,638,000 (2.63%) | $82,468,000 (56.77%) | $52,605,000 (110.29%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $417,155,000 (36.03%) | $306,675,000 (-2.33%) | $313,997,000 (53.63%) | $204,381,000 (73.50%) |
Net Income to Non-Controlling Interests | $35,572,000 (61.33%) | $22,049,000 (-0.22%) | $22,097,000 (55.93%) | $14,171,000 (245.30%) |
Net Income | $381,583,000 (34.06%) | $284,626,000 (-2.49%) | $291,900,000 (53.46%) | $190,210,000 (67.30%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $381,583,000 (34.06%) | $284,626,000 (-2.49%) | $291,900,000 (53.46%) | $190,210,000 (67.30%) |
Weighted Average Shares | $44,508,000 (-2.06%) | $45,446,000 (-4.62%) | $47,648,000 (-6.02%) | $50,700,000 (0.26%) |
Weighted Average Shares Diluted | $44,839,000 (-2.35%) | $45,917,000 (-4.31%) | $47,987,000 (-6.02%) | $51,060,000 (0.52%) |
Earning Before Interest & Taxes (EBIT) | $476,308,000 (28.99%) | $369,264,000 (-1.36%) | $374,368,000 (54.18%) | $242,815,000 (75.05%) |
Gross Profit | $703,521,000 (28.34%) | $548,182,000 (4.81%) | $523,025,000 (44.46%) | $362,059,000 (54.33%) |
Operating Income | $476,955,000 (34.28%) | $355,205,000 (-1.08%) | $359,082,000 (57.64%) | $227,790,000 (86.00%) |
GRBK Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $27,838,000 (308.54%) | -$13,349,000 (-106.10%) | -$6,477,000 (-218.59%) | -$2,033,000 (84.75%) |
Net Cash Flow from Financing | -$93,513,000 (0.31%) | -$93,804,000 (-11.03%) | -$84,483,000 (-154.74%) | $154,334,000 (697.01%) |
Net Cash Flow from Operations | $25,912,000 (-87.85%) | $213,342,000 (135.28%) | $90,676,000 (198.15%) | -$92,382,000 (-362.93%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$39,763,000 (-137.45%) | $106,189,000 (37490.49%) | -$284,000 (-100.47%) | $59,919,000 (1579.48%) |
Net Cash Flow - Business Acquisitions and Disposals | $32,203,000 (680.55%) | -$5,547,000 (-24.23%) | -$4,465,000 (-55712.50%) | -$8,000 (99.92%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$4,365,000 (44.05%) | -$7,802,000 (-287.77%) | -$2,012,000 (0.64%) | -$2,025,000 (30.24%) |
Issuance (Repayment) of Debt Securities | -$11,451,000 (48.60%) | -$22,279,000 (-170.54%) | $31,583,000 (-72.34%) | $114,184,000 (704.05%) |
Issuance (Purchase) of Equity Shares | -$48,428,000 (-5.79%) | -$45,777,000 (54.88%) | -$101,463,000 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$2,875,000 (0.00%) | -$2,875,000 (-2.28%) | -$2,811,000 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $8,402,000 (24.42%) | $6,753,000 (94.22%) | $3,477,000 (12.96%) | $3,078,000 (46.78%) |
Depreciation Amortization & Accretion | $4,879,000 (37.63%) | $3,545,000 (49.77%) | $2,367,000 (-13.74%) | $2,744,000 (-25.15%) |
GRBK Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 33.50% (8.77%) | 30.80% (3.36%) | 29.80% (15.50%) | 25.80% (7.50%) |
Profit Margin | 18.20% (13.75%) | 16.00% (-3.61%) | 16.60% (22.06%) | 13.60% (17.24%) |
EBITDA Margin | 22.90% (9.05%) | 21.00% (-1.87%) | 21.40% (22.29%) | 17.50% (19.86%) |
Return on Average Equity (ROAE) | 25.60% (8.47%) | 23.60% (-20.54%) | 29.70% (17.86%) | 25.20% (31.25%) |
Return on Average Assets (ROAA) | 18.00% (14.65%) | 15.70% (-13.74%) | 18.20% (22.97%) | 14.80% (24.37%) |
Return on Sales (ROS) | 22.70% (9.13%) | 20.80% (-2.35%) | 21.30% (23.12%) | 17.30% (21.83%) |
Return on Invested Capital (ROIC) | 20.90% (10.00%) | 19.00% (-3.06%) | 19.60% (24.84%) | 15.70% (28.69%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | 6.64 (-20.76%) | 8.38 (109.84%) | 3.99 (-50.64%) | 8.09 (-20.74%) |
Price to Sales Ratio (P/S) | 1.2 (-9.79%) | 1.33 (102.13%) | 0.66 (-40.05%) | 1.1 (-7.90%) |
Price to Book Ratio (P/B) | 1.55 (-14.62%) | 1.81 (72.57%) | 1.05 (-40.34%) | 1.76 (-3.14%) |
Debt to Equity Ratio (D/E) | 0.34 (-19.43%) | 0.42 (-17.58%) | 0.51 (-12.48%) | 0.58 (14.93%) |
Earnings Per Share (EPS) | 8.51 (37.26%) | 6.2 (2.14%) | 6.07 (61.87%) | 3.75 (66.67%) |
Sales Per Share (SPS) | 47.16 (20.56%) | 39.12 (6.03%) | 36.89 (33.32%) | 27.67 (43.36%) |
Free Cash Flow Per Share (FCFPS) | 0.48 (-89.30%) | 4.52 (143.04%) | 1.86 (199.95%) | -1.86 (-392.31%) |
Book Value Per Share (BVPS) | 36.52 (27.60%) | 28.62 (28.43%) | 22.29 (29.20%) | 17.25 (36.24%) |
Tangible Assets Book Value Per Share (TABVPS) | 50.53 (20.75%) | 41.85 (20.51%) | 34.72 (23.92%) | 28.02 (43.48%) |
Enterprise Value Over EBIT (EV/EBIT) | 6 (-14.29%) | 7 (75.00%) | 4 (-50.00%) | 8 (-20.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 5.64 (-14.70%) | 6.61 (72.33%) | 3.84 (-49.06%) | 7.54 (-18.85%) |
Asset Turnover | 0.99 (1.22%) | 0.98 (-10.34%) | 1.09 (0.00%) | 1.09 (6.95%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $21,547,000 (-89.52%) | $205,540,000 (131.82%) | $88,664,000 (193.92%) | -$94,407,000 (-392.90%) |
Enterprise Value (EV) | $2,714,934,030 (10.10%) | $2,465,841,226 (70.55%) | $1,445,791,235 (-21.86%) | $1,850,275,951 (39.97%) |
Earnings Before Tax (EBT) | $476,308,000 (28.99%) | $369,264,000 (-1.36%) | $374,368,000 (54.18%) | $242,815,000 (75.05%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $481,187,000 (29.07%) | $372,809,000 (-1.04%) | $376,735,000 (53.42%) | $245,559,000 (72.47%) |
Invested Capital | $2,434,285,000 (18.34%) | $2,057,084,000 (6.44%) | $1,932,697,000 (15.96%) | $1,666,759,000 (41.69%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $2,249,032,000 (18.26%) | $1,901,785,000 (14.94%) | $1,654,543,000 (16.46%) | $1,420,650,000 (43.86%) |
Market Capitalization | $2,513,706,030 (6.65%) | $2,356,952,226 (111.29%) | $1,115,492,235 (-27.54%) | $1,539,549,951 (32.35%) |
Average Equity | $1,492,178,500 (23.47%) | $1,208,537,750 (22.98%) | $982,680,250 (29.95%) | $756,214,250 (27.68%) |
Average Assets | $2,115,760,000 (16.69%) | $1,813,126,750 (12.79%) | $1,607,585,250 (25.20%) | $1,284,058,750 (34.50%) |
Invested Capital Average | $2,278,055,000 (17.00%) | $1,946,981,750 (2.10%) | $1,906,900,500 (23.02%) | $1,550,085,750 (36.54%) |
Shares | 44,498,248 (-1.94%) | 45,378,364 (-1.43%) | 46,037,649 (-9.30%) | 50,759,972 (0.19%) |
