GRBKGreen Brick Partners, Inc.

$3B

Q4 2023 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$450M+4.5% YoY

Gross Profit

$141M31.2% margin

Operating Income

$91M20.1% margin

Net Income

$73M16.2% margin

EPS (Diluted)

$1.58

QoQ Revenue Growth

+7.5%

Cash Flow

Operating Cash Flow

-$19M

Free Cash Flow

-$22M

Stock-Based Comp.

$420,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$549M

Stockholders' Equity

$1.3B

Cash & Equivalents

$180M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$450M	$431M	+4.5%
Gross Profit	$141M	$112M	+25.0%
Operating Income	$91M	$70M	+29.4%
Net Income	$73M	$56M	+31.5%

Revenue Segments

Residential Real Estate

$449M99%

Real Estate, Other

$5M1%

Geographic Segments

Central

$604M70%

Southeast

$260M30%

GRBK Q4 2023 Earnings — Green Brick Partners, Inc. Revenue & Financial Results | Market Cap Arena