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GRBKGreen Brick Partners, Inc.
$74.81$3.2B
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Green Brick Partners, Inc. (GRBK) Financial Ratios

Latest Ratios: P/E Ratio 10.6x · EV/EBITDA 8.1x · ROE 17.3%. (2006–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

GRBK Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$3.2B$2.8B$2.5B$2.4B$1.2B$1.5B$1.2B$581M$367M$561M$491M
Enterprise Value$3.4B$2.9B$2.7B$2.6B$1.5B$1.8B$1.4B$790M$530M$642M$542M
P/E Ratio →10.588.866.698.464.028.1510.259.907.1037.6720.51
P/S Ratio1.581.351.211.340.661.101.190.730.591.241.29
P/B Ratio1.701.421.491.761.051.701.761.060.761.301.22
P/FCF15.4813.20117.5511.6013.11—36.18————
P/OCF15.1412.9197.7511.1812.82—33.19————

P/E links to full P/E history page with 30-year chart

GRBK EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.421.301.440.831.291.401.000.851.411.43
EV / EBITDA8.136.995.687.144.037.7710.5510.207.0810.7411.29
EV / EBIT8.246.615.356.543.687.9511.1811.067.1410.6910.72
EV / FCF—13.90126.9912.4516.44—42.48————

GRBK Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin31.2%31.2%33.5%30.8%29.8%25.8%24.0%21.4%20.9%21.7%22.7%
Operating Margin20.1%20.1%22.7%20.0%20.4%16.4%12.9%9.4%11.5%13.1%12.6%
Net Profit Margin15.4%15.4%18.2%16.0%16.6%13.6%11.6%7.4%8.3%3.3%6.2%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE17.3%17.3%25.0%23.1%28.9%24.2%18.7%11.3%11.2%3.6%6.1%
ROA13.1%13.1%18.4%16.0%19.0%15.8%12.2%7.1%7.4%2.6%4.7%
ROIC15.4%15.4%20.9%18.1%20.9%17.0%11.6%7.9%9.3%9.2%8.3%
ROCE19.1%19.1%25.6%22.4%26.4%22.7%16.0%9.9%11.6%11.7%10.7%

GRBK Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.170.170.200.260.330.370.340.440.410.270.21
Debt / EBITDA0.810.810.720.991.031.461.713.122.681.961.79
Net Debt / Equity—0.070.120.130.270.290.310.380.330.190.13
Net Debt / EBITDA0.350.350.420.490.821.131.562.692.171.341.06
Debt / FCF—0.699.440.853.33—6.30————
Interest Coverage———————————

GRBK Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio8.478.479.208.938.027.634.2110.318.397.757.29
Quick Ratio0.840.840.761.080.520.590.190.730.730.890.93
Cash Ratio0.690.690.620.920.400.450.090.420.440.510.55
Asset Turnover—0.800.930.931.060.990.990.900.800.740.70
Inventory Turnover0.670.670.720.800.870.860.880.830.740.720.72
Days Sales Outstanding—7.152.412.181.101.791.952.182.831.292.35

GRBK Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield0.1%0.1%0.1%0.1%0.2%———2.9%1.9%—
Payout Ratio0.9%0.9%0.8%1.0%1.0%———20.8%72.8%—

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield9.5%11.3%15.0%11.8%24.8%12.3%9.8%10.1%14.1%2.7%4.9%
FCF Yield6.5%7.6%0.9%8.6%7.6%—2.8%————
Buyback Yield2.6%3.0%1.9%1.9%8.7%0.0%0.0%0.4%0.3%0.1%0.0%
Total Shareholder Yield2.7%3.1%2.0%2.0%9.0%0.0%0.0%0.4%3.2%2.0%0.0%
Shares Outstanding—$44M$45M$46M$48M$51M$51M$51M$51M$50M$49M

Key Metrics

Growth RegimeDecelerating
ProfitabilityStrong
Balance SheetFortress
Cash FlowMixed
Top Statement Risk

Geographic concentration in DFW

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Reflects Margin Durability Premium

Based on current market data, GRBK trades at a forward P/E of 13.76, which appears to price in a degree of skepticism regarding the sustainability of its 31% gross margins compared to the broader residential construction sector's more modest valuation multiples for similar growth profiles.

The company's PEG ratio of 0.44 suggests that the market may be undervaluing its earnings growth potential relative to its current price, likely due to concerns over cyclical housing demand. Investors should monitor whether this discount persists as the company transitions toward higher-volume, entry-level product mixes that could compress margins.

Capital Efficiency Trends Under Pressure

As reported in recent financial statements, GRBK's ROIC has trended downward from 6.2% in 2024Q2 to 3.0% in 2026Q1, indicating that the company is currently struggling to compound returns on its invested capital as the housing market cycle cools and inventory turnover slows.

This decay in returns appears driven by the combination of rising land acquisition costs and a deceleration in home delivery volume. The trend warrants further investigation into whether the current partnership-based model can maintain its historical efficiency as the company scales its Trophy Signature Homes brand.

Working Capital Intensity Remains Elevated

According to quarterly filings, the company's cash conversion cycle remains significantly extended at 561 days in 2026Q1, a metric that highlights the heavy capital commitment required to maintain its land-banking pipeline in the competitive Dallas-Fort Worth residential construction market.

The exceptionally high days inventory outstanding suggests that GRBK is holding significant land assets for future development, which ties up liquidity and exposes the firm to potential valuation adjustments if market conditions deteriorate. This structural reliance on long-dated land positions is a double-edged sword for operational efficiency.

Misapplication of Standard P/B Ratios

Based on an analysis of industry metrics, the price-to-book ratio is frequently misapplied to GRBK, as it fails to account for the significant appreciation of the company's land bank which is carried at historical cost rather than current market value in the financial statements.

Investors should instead focus on the company's net asset value or adjusted book value, which would better reflect the true economic worth of its DFW land holdings. Relying on standard P/B ratios likely obscures the company's true intrinsic value and leads to an inaccurate assessment of its valuation relative to peers.

Download Financial Ratios Data

Includes 30+ ratios · 20 years · Updated daily

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GRBK — Frequently Asked Questions

Quick answers to the most common questions about buying GRBK stock.

What is Green Brick Partners, Inc.'s P/E ratio?

Green Brick Partners, Inc.'s current P/E ratio is 10.6x. The historical average is 11.9x. This places it at the 75th percentile of its historical range.

What is Green Brick Partners, Inc.'s EV/EBITDA?

Green Brick Partners, Inc.'s current EV/EBITDA is 8.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.0x.

What is Green Brick Partners, Inc.'s ROE?

Green Brick Partners, Inc.'s return on equity (ROE) is 17.3%. The historical average is -1.7%.

Is GRBK stock overvalued?

Based on historical data, Green Brick Partners, Inc. is trading at a P/E of 10.6x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Green Brick Partners, Inc.'s dividend yield?

Green Brick Partners, Inc.'s current dividend yield is 0.09% with a payout ratio of 0.9%.

What are Green Brick Partners, Inc.'s profit margins?

Green Brick Partners, Inc. has 31.2% gross margin and 20.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.

How much debt does Green Brick Partners, Inc. have?

Green Brick Partners, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.