GRBK Q2 2023 Earnings — Green Brick Partners, Inc. Revenue & Financial Results | Market Cap Arena

GRBKGreen Brick Partners, Inc.

$3B

Q2 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$456M-13.1% YoY

Gross Profit

$143M31.3% margin

Operating Income

$94M20.5% margin

Net Income

$75M16.5% margin

EPS (Diluted)

$1.63

QoQ Revenue Growth

+0.9%

Cash Flow

Operating Cash Flow

$55M

Free Cash Flow

$54M

Stock-Based Comp.

$467,000

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$553M

Stockholders' Equity

$1.2B

Cash & Equivalents

$210M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$456M	$525M	-13.1%
Gross Profit	$143M	$169M	-15.4%
Operating Income	$94M	$127M	-26.3%
Net Income	$75M	$101M	-25.7%

Revenue Segments

Residential Real Estate

$454M100%

Geographic Segments

Central

$322M71%

Southeast

$132M29%