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Green Brick Partners GRBK Land development — Total inventory

Other segment segments

Land Subdivider and Developers
$1.15B+26.0%
Homebuilders
$1.04B+3.6%
Builder operations
$981.85M-7.6%
Corporate and Other
$57.67M+5.1%

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PHMHomebuilding — House and land inventory
$13.72B+3.8%
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LENHomebuilding — Inventory owned and consolidated inventory not owned
$12.12B-10.9%
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LENMultifamily — Inventory owned and consolidated inventory not owned
$212.88M-66.9%
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LENLennar Other — Inventory owned and consolidated inventory not owned
$0
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BZHEast — Inventory
$486.58M+0.9%

Other financials

Income statement

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Revenue$493.8M-7.6%
Gross profit$157.5M-6.0%
Net income$74.2M-9.5%
EPS (diluted)$1.70-8.1%

Balance sheet

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Cash & equivalents$154.4M+5.9%
Total debt$7.8M-1.1%
Total equity$2.0B+14.5%
Total assets$2.6B+12.8%

Cash flow

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Operating cash flow$56.3M-18.2%
CapEx$963.0K+40.2%
Free cash flow$55.0M-19.1%

Valuation

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Market cap$3.07B+7.9%
Enterprise value$2.93B+8.0%
P/E10.6×+2.4×
P/S1.6×+0.2×

Profitability

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Gross margin30.6%-2.0pp
Operating margin9.6%
Net margin14.7%-1.9pp
FCF margin10.3%+6.1pp

Returns & leverage

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Return on equity15.7%-6.4pp
Debt / equity0.0×

Where this comes from

Reported directly by Green Brick Partners in its filing.

Tagged under the XBRL concept us-gaap:InventoryOperativeBuilders.

The source filing: Green Brick Partners’s 10-K/A, filed May 11, 2026.

Filed
May 11, 2026, 4:12 PM EDT
Fiscal year
FY2025
Accession
0001628280-26-033478
Line itemDecember 31, 2025December 31, 2024
Central$688,219$743,490
Southeast293,635318,592
Total builder operations981,8541,062,082
Land development1,063,066826,687
Corporate, other and unallocated (6)54,29148,963
Total inventory$2,099,211$1,937,732
Goodwill:
Builder operations - Southeast$680$680

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Green Brick Partners's land development — total inventory?
Green Brick Partners (GRBK) reported land development — total inventory of $1.06B in Q4 2025.
How has Green Brick Partners's land development — total inventory changed year-over-year?
Green Brick Partners's land development — total inventory increased by 28.6% year-over-year, from $826.69M to $1.06B.
What does land development — total inventory mean?
This metric represents the aggregate value of all land assets held for development, including raw land, land under development, and finished lots within the land development segment. It serves as a measure of the company's future growth pipeline and capital tied up in land assets. Monitoring this helps evaluate the balance between inventory turnover and long-term supply requirements.

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