Beazer Homes USA, Inc. (BZH) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Residential Construction
EV/EBITDA
↑
24.96
↑+108% vs avg
5yr avg: 11.99
30Y Low3.8·High36.2
P/FCF
↑
157.97
↑+151% vs avg
5yr avg: 62.99
30Y Low0.7·High39.1
P/B Ratio
↓
0.45
↓-30% vs avg
5yr avg: 0.64
30Y Low0.2·High1.9
ROE
↓
3.7%
↑-76% vs avg
5yr avg: 15.3%
30Y Low-112%·High76%
Debt/EBITDA
↑
18.95
↑+131% vs avg
5yr avg: 8.19
30Y Low2.5·High37.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BZH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Beazer Homes USA, Inc. trades at 12.3x earnings, 79% above its 5-year average of 6.8x, sitting at the 76th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 19.4x, the stock trades at a discount of 37%. On a free-cash-flow basis, the stock trades at 158.0x P/FCF, 151% above the 5-year average of 63.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $550M | $737M | $1.1B | $766M | $298M | $525M | $395M | $456M | $337M | $608M | $371M |
| Enterprise Value | $1.4B | $1.6B | $1.9B | $1.4B | $1.1B | $1.3B | $1.2B | $1.5B | $1.4B | $1.6B | $1.5B |
| P/E Ratio → | 12.26 | 16.15 | 7.54 | 4.83 | 1.35 | 4.30 | 7.59 | — | — | 18.93 | 77.73 |
| P/S Ratio | 0.23 | 0.31 | 0.45 | 0.35 | 0.13 | 0.25 | 0.19 | 0.22 | 0.16 | 0.32 | 0.20 |
| P/B Ratio | 0.45 | 0.59 | 0.86 | 0.69 | 0.32 | 0.72 | 0.67 | 0.85 | 0.52 | 0.89 | 0.58 |
| P/FCF | 157.97 | 211.72 | — | 4.86 | 4.51 | 30.86 | 1.42 | 4.94 | 25.44 | 7.28 | 2.46 |
| P/OCF | 17.19 | 23.04 | — | 4.30 | 3.67 | 16.59 | 1.37 | 4.01 | 11.14 | 6.34 | 2.27 |
P/E links to full P/E history page with 30-year chart
BZH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Beazer Homes USA, Inc.'s enterprise value stands at 25.0x EBITDA, 108% above its 5-year average of 12.0x. The Consumer Cyclical sector median is 11.4x, placing the stock at a 119% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.67 | 0.81 | 0.64 | 0.47 | 0.63 | 0.56 | 0.73 | 0.68 | 0.86 | 0.81 |
| EV / EBITDA | 24.96 | 28.31 | 12.03 | 7.48 | 3.77 | 8.37 | 12.65 | — | 14.99 | 21.58 | 20.16 |
| EV / EBIT | 38.02 | 38.65 | 13.28 | 8.00 | 3.96 | 9.17 | 15.16 | — | 17.52 | 26.44 | 24.84 |
| EV / FCF | — | 453.72 | — | 8.99 | 16.32 | 79.16 | 4.31 | 16.56 | 107.70 | 19.68 | 9.77 |
BZH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Beazer Homes USA, Inc. earns an operating margin of 1.5%, roughly in line with the Consumer Cyclical sector average. Operating margins have compressed from 8.0% to 1.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.7% is modest, trailing the sector median of 5.7%. ROIC of 1.3% represents below-average returns on invested capital versus a sector median of 5.8%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 14.2% | 14.2% | 18.2% | 20.1% | 23.2% | 18.9% | 16.3% | 8.0% | 16.4% | 16.3% | 16.3% |
| Operating Margin | 1.5% | 1.5% | 6.1% | 8.0% | 11.8% | 6.9% | 3.7% | -4.3% | 3.9% | 3.2% | 3.3% |
| Net Profit Margin | 1.9% | 1.9% | 6.0% | 7.2% | 9.5% | 5.7% | 2.5% | -3.8% | -2.2% | 1.7% | 0.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.7% | 3.7% | 12.0% | 15.5% | 26.5% | 18.5% | 9.2% | -13.4% | -6.8% | 4.8% | 0.7% |
| ROA | 1.8% | 1.8% | 5.6% | 6.8% | 10.2% | 6.0% | 2.6% | -3.9% | -2.1% | 1.4% | 0.2% |
| ROIC | 1.3% | 1.3% | 5.6% | 7.7% | 12.5% | 7.5% | 3.9% | -4.0% | 3.5% | 2.7% | 2.4% |
| ROCE | 1.5% | 1.5% | 6.3% | 8.4% | 14.2% | 8.3% | 4.4% | -4.7% | 4.0% | 3.0% | 2.8% |
BZH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Beazer Homes USA, Inc. carries a Debt/EBITDA ratio of 18.9x, which is highly leveraged (331% above the sector average of 4.4x). Net debt stands at $842M ($1.1B total debt minus $215M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.85 | 0.85 | 0.85 | 0.90 | 1.06 | 1.47 | 1.93 | 2.19 | 1.91 | 1.95 | 2.07 |
| Debt / EBITDA | 18.95 | 18.95 | 6.62 | 5.26 | 3.48 | 6.64 | 12.10 | — | 12.91 | 17.43 | 18.22 |
| Net Debt / Equity | — | 0.67 | 0.68 | 0.59 | 0.83 | 1.13 | 1.35 | 1.99 | 1.69 | 1.52 | 1.72 |
| Net Debt / EBITDA | 15.10 | 15.10 | 5.33 | 3.44 | 2.73 | 5.11 | 8.48 | — | 11.45 | 13.60 | 15.09 |
| Debt / FCF | — | 242.00 | — | 4.13 | 11.81 | 48.29 | 2.89 | 11.61 | 82.26 | 12.40 | 7.31 |
| Interest Coverage | — | — | — | 2.59 | — | 1.63 | 0.77 | -0.92 | — | — | — |
BZH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Beazer Homes USA, Inc.'s current ratio of 11.38x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.45x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 9.61x to 11.38x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 11.38 | 11.38 | 10.17 | 9.61 | 9.66 | 6.62 | 6.31 | 12.64 | 14.79 | 18.20 | 8.91 |
| Quick Ratio | 1.45 | 1.45 | 1.33 | 1.90 | 1.41 | 1.13 | 1.36 | 1.18 | 1.41 | 3.30 | 1.42 |
| Cash Ratio | 1.05 | 1.05 | 0.88 | 1.52 | 1.02 | 0.90 | 1.26 | 0.81 | 1.11 | 2.82 | 1.09 |
| Asset Turnover | — | 0.91 | 0.90 | 0.92 | 1.03 | 1.03 | 1.06 | 1.07 | 0.99 | 0.86 | 0.82 |
| Inventory Turnover | 1.00 | 1.00 | 0.93 | 1.00 | 1.02 | 1.16 | 1.32 | 1.28 | 1.04 | 1.04 | 0.97 |
| Days Sales Outstanding | — | 12.03 | 10.25 | 7.54 | 7.17 | 4.38 | 4.99 | 5.48 | 4.27 | 6.94 | 10.72 |
BZH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Beazer Homes USA, Inc. returns 6.0% to shareholders annually primarily through share buybacks. The earnings yield of 8.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 8.2% | 6.2% | 13.3% | 20.7% | 74.1% | 23.2% | 13.2% | — | — | 5.3% | 1.3% |
| FCF Yield | 0.6% | 0.5% | — | 20.6% | 22.2% | 3.2% | 70.4% | 20.2% | 3.9% | 13.7% | 40.7% |
| Buyback Yield | 6.0% | 4.5% | 1.2% | 0.0% | 2.7% | 0.0% | 0.8% | 7.6% | 1.0% | 0.1% | 0.0% |
| Total Shareholder Yield | 6.0% | 4.5% | 1.2% | 0.0% | 2.7% | 0.0% | 0.8% | 7.6% | 1.0% | 0.1% | 0.0% |
| Shares Outstanding | — | $30M | $31M | $31M | $31M | $30M | $30M | $31M | $32M | $32M | $32M |
Peer Comparison
Compare BZH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BZHYou | $550M | 12.3 | 25.0 | 158.0 | 14.2% | 1.5% | 3.7% | 1.3% | 18.9 |
 MHO | $3B | 8.8 | 7.1 | 27.7 | 23.0% | 11.5% | 13.2% | 11.3% | 2.1 |
 TMHC | $6B | 7.7 | 6.2 | 6.9 | 23.0% | 14.0% | 12.8% | 11.0% | 2.1 |
 LGIH | $1B | 14.8 | 31.7 | — | 20.7% | 4.7% | 3.5% | 1.7% | 19.7 |
 SKY | $4B | 21.4 | 12.7 | 21.3 | 26.2% | 9.5% | 13.4% | 16.9% | 0.5 |
 CVCO | $5B | 23.3 | 20.3 | 29.1 | 23.1% | 9.4% | 16.3% | 19.4% | 0.2 |
 DHI | $42B | 12.6 | 10.0 | 12.9 | 23.7% | 12.9% | 14.2% | 12.1% | 1.3 |
 LEN | $19B | 11.0 | 7.4 | 671.7 | 17.7% | 8.0% | 8.2% | 7.9% | 2.2 |
 PHM | $22B | 10.5 | 7.3 | 12.8 | 26.4% | 17.3% | 17.7% | 17.2% | 0.8 |
 NVR | $17B | 13.8 | 8.9 | 15.2 | 23.0% | 16.2% | 33.2% | 43.8% | 0.7 |
 TOL | $13B | 10.2 | 8.1 | 12.7 | 26.0% | 15.7% | 16.9% | 13.4% | 1.6 |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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Start ComparisonBZH — Frequently Asked Questions
Quick answers to the most common questions about buying BZH stock.
What is Beazer Homes USA, Inc.'s P/E ratio?
Beazer Homes USA, Inc.'s current P/E ratio is 12.3x. The historical average is 11.2x. This places it at the 76th percentile of its historical range.
What is Beazer Homes USA, Inc.'s EV/EBITDA?
Beazer Homes USA, Inc.'s current EV/EBITDA is 25.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.7x.
What is Beazer Homes USA, Inc.'s ROE?
Beazer Homes USA, Inc.'s return on equity (ROE) is 3.7%. The historical average is -0.3%.
Is BZH stock overvalued?
Based on historical data, Beazer Homes USA, Inc. is trading at a P/E of 12.3x. This is at the 76th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Beazer Homes USA, Inc.'s profit margins?
Beazer Homes USA, Inc. has 14.2% gross margin and 1.5% operating margin.
How much debt does Beazer Homes USA, Inc. have?
Beazer Homes USA, Inc.'s Debt/EBITDA ratio is 18.9x, indicating high leverage. A ratio above 4x may signal elevated financial risk.