Latest Ratios: P/E Ratio 9.5x · EV/EBITDA 7.3x · ROE 17.3%. (2006–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.9B | $2.8B | $2.5B | $2.4B | $1.2B | $1.5B | $1.2B | $581M | $367M | $561M | $491M |
| Enterprise Value | $3.0B | $2.9B | $2.7B | $2.6B | $1.5B | $1.8B | $1.4B | $790M | $530M | $642M | $542M |
| P/E Ratio → | 9.51 | 8.86 | 6.69 | 8.46 | 4.02 | 8.15 | 10.25 | 9.90 | 7.10 | 37.67 | 20.51 |
| P/S Ratio | 1.42 | 1.35 | 1.21 | 1.34 | 0.66 | 1.10 | 1.19 | 0.73 | 0.59 | 1.24 | 1.29 |
| P/B Ratio | 1.53 | 1.42 | 1.49 | 1.76 | 1.05 | 1.70 | 1.76 | 1.06 | 0.76 | 1.30 | 1.22 |
| P/FCF | 13.87 | 13.20 | 117.55 | 11.60 | 13.11 | — | 36.18 | — | — | — | — |
| P/OCF | 13.56 | 12.91 | 97.75 | 11.18 | 12.82 | — | 33.19 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.42 | 1.30 | 1.44 | 0.83 | 1.29 | 1.40 | 1.00 | 0.85 | 1.41 | 1.43 |
| EV / EBITDA | 7.32 | 6.99 | 5.68 | 7.14 | 4.03 | 7.77 | 10.55 | 10.20 | 7.08 | 10.74 | 11.29 |
| EV / EBIT | 7.41 | 6.61 | 5.35 | 6.54 | 3.68 | 7.95 | 11.18 | 11.06 | 7.14 | 10.69 | 10.72 |
| EV / FCF | — | 13.90 | 126.99 | 12.45 | 16.44 | — | 42.48 | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
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 | 31.2% | 31.2% | 33.5% | 30.8% | 29.8% | 25.8% | 24.0% | 21.4% | 20.9% | 21.7% | 22.7% |
| Operating Margin | 20.1% | 20.1% | 22.7% | 20.0% | 20.4% | 16.4% | 12.9% | 9.4% | 11.5% | 13.1% | 12.6% |
| Net Profit Margin | 15.4% | 15.4% | 18.2% | 16.0% | 16.6% | 13.6% | 11.6% | 7.4% | 8.3% | 3.3% | 6.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 17.3% | 17.3% | 25.0% | 23.1% | 28.9% | 24.2% | 18.7% | 11.3% | 11.2% | 3.6% | 6.1% |
| ROA | 13.1% | 13.1% | 18.4% | 16.0% | 19.0% | 15.8% | 12.2% | 7.1% | 7.4% | 2.6% | 4.7% |
| ROIC | 15.4% | 15.4% | 20.9% | 18.1% | 20.9% | 17.0% | 11.6% | 7.9% | 9.3% | 9.2% | 8.3% |
| ROCE | 19.1% | 19.1% | 25.6% | 22.4% | 26.4% | 22.7% | 16.0% | 9.9% | 11.6% | 11.7% | 10.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.20 | 0.26 | 0.33 | 0.37 | 0.34 | 0.44 | 0.41 | 0.27 | 0.21 |
| Debt / EBITDA | 0.81 | 0.81 | 0.72 | 0.99 | 1.03 | 1.46 | 1.71 | 3.12 | 2.68 | 1.96 | 1.79 |
| Net Debt / Equity | — | 0.07 | 0.12 | 0.13 | 0.27 | 0.29 | 0.31 | 0.38 | 0.33 | 0.19 | 0.13 |
| Net Debt / EBITDA | 0.35 | 0.35 | 0.42 | 0.49 | 0.82 | 1.13 | 1.56 | 2.69 | 2.17 | 1.34 | 1.06 |
| Debt / FCF | — | 0.69 | 9.44 | 0.85 | 3.33 | — | 6.30 | — | — | — | — |
| Interest Coverage | — | — | — | — | — | — | — | — | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 8.47 | 8.47 | 9.20 | 8.93 | 8.02 | 7.63 | 4.21 | 10.31 | 8.39 | 7.75 | 7.29 |
| Quick Ratio | 0.84 | 0.84 | 0.76 | 1.08 | 0.52 | 0.59 | 0.19 | 0.73 | 0.73 | 0.89 | 0.93 |
| Cash Ratio | 0.69 | 0.69 | 0.62 | 0.92 | 0.40 | 0.45 | 0.09 | 0.42 | 0.44 | 0.51 | 0.55 |
| Asset Turnover | — | 0.80 | 0.93 | 0.93 | 1.06 | 0.99 | 0.99 | 0.90 | 0.80 | 0.74 | 0.70 |
| Inventory Turnover | 0.67 | 0.67 | 0.72 | 0.80 | 0.87 | 0.86 | 0.88 | 0.83 | 0.74 | 0.72 | 0.72 |
| Days Sales Outstanding | — | 7.15 | 2.41 | 2.18 | 1.10 | 1.79 | 1.95 | 2.18 | 2.83 | 1.29 | 2.35 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
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 | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% | — | — | — | 2.9% | 1.9% | — |
| Payout Ratio | 0.9% | 0.9% | 0.8% | 1.0% | 1.0% | — | — | — | 20.8% | 72.8% | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 10.5% | 11.3% | 15.0% | 11.8% | 24.8% | 12.3% | 9.8% | 10.1% | 14.1% | 2.7% | 4.9% |
| FCF Yield | 7.2% | 7.6% | 0.9% | 8.6% | 7.6% | — | 2.8% | — | — | — | — |
| Buyback Yield | 2.9% | 3.0% | 1.9% | 1.9% | 8.7% | 0.0% | 0.0% | 0.4% | 0.3% | 0.1% | 0.0% |
| Total Shareholder Yield | 3.0% | 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 |
Includes 30+ ratios · 20 years · Updated daily
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
High-probability breakout stocks crossing their pivot across 5 pattern engines.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying GRBK stock.
Green Brick Partners, Inc.'s current P/E ratio is 9.5x. The historical average is 11.9x. This places it at the 58th percentile of its historical range.
Green Brick Partners, Inc.'s current EV/EBITDA is 7.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.0x.
Green Brick Partners, Inc.'s return on equity (ROE) is 17.3%. The historical average is -1.7%.
Based on historical data, Green Brick Partners, Inc. is trading at a P/E of 9.5x. This is at the 58th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Green Brick Partners, Inc.'s current dividend yield is 0.10% with a payout ratio of 0.9%.
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.
Green Brick Partners, Inc.'s Debt/EBITDA ratio is 0.8x, indicating low leverage. A ratio below 2x is generally considered financially healthy.
Key Metrics
Top Statement Risk
Inventory buildup and cash conversion gap
Metrics are mathematically derived from official filings.
Margin Resilience Amid Volume Decline
GRBK's gross margin held at 31.9% in 2026Q2, down from 34.2% in 2024Q4 but still above peers like MTH (19.7%) and TMHC (23.0%), per the latest financials.
The sequential stability in gross margin despite a 10.1% revenue contraction suggests pricing power and cost controls are holding, but the trend from 34.2% to 31.9% indicates gradual compression. Operating margin at 19.5% remains robust, yet the decline from 23.5% in 2024Q4 reflects negative operating leverage as SG&A stays sticky. Net margin of 15.0% is still strong, but investors should monitor whether margin erosion accelerates if revenue continues to fall.
Return on Capital Decelerating from Peak
ROIC fell to 3.4% in 2026Q2 from 6.2% in 2024Q2, while ROE dropped to 3.7% from 7.4%, indicating a clear deceleration in capital efficiency, as per the quarterly data.
The decline in ROIC and ROE is driven by both lower margins and reduced asset turnover, with asset turnover falling from 0.28 to 0.19. This suggests that capital invested in inventory is not generating the same level of returns as in prior periods. The trend implies that the company's compounding ability is weakening, and unless revenue growth resumes or inventory is monetized, returns may remain subdued.
Working Capital Cycle Lengthens Sharply
GRBK's cash conversion cycle stretched to 556 days in 2026Q2 from 408 days in 2024Q2, driven by DIO rising to 575 days, according to the latest quarterly figures.
The dramatic increase in days inventory outstanding (DIO) from 421 to 575 days indicates significant inventory buildup, likely reflecting land and development investments that have not yet converted to sales. This has consumed cash, as evidenced by the negative FCF margin of -2.6% in 2026Q2. The extended cycle suggests that working capital efficiency is deteriorating, and management may need to slow land purchases to align with demand.
Low Leverage Masks Inventory Intensity
GRBK's debt-to-equity ratio is a conservative 0.15, with D/EBITDA at 3.22, but inventory levels suggest the true capital intensity is higher, based on the balance sheet data.
While the balance sheet shows minimal debt, the company's inventory likely represents a substantial portion of assets, and the prior cash flow analysis indicates land purchases may be classified as working capital. This means that the effective leverage, when considering inventory financing needs, could be higher than the reported D/E. Interest coverage is not disclosed, but the low debt level suggests service is comfortable; however, the inventory buildup warrants monitoring for potential write-downs.
Liquidity Buffer Remains Strong
GRBK's current ratio stands at 8.29, with cash at $131.6M, down from $185.9M in 2024Q1, but still providing a solid cushion, as per the latest balance sheet.
The current ratio is exceptionally high, but the quick ratio of 0.79 reveals that a significant portion of current assets is inventory, which may not be quickly convertible to cash in a downturn. The cash drawdown from $185.9M to $131.6M, combined with negative operating cash flow in 2026Q2, suggests that liquidity is being consumed by inventory investment. Under severe stress, the company may need to rely on debt or asset sales, but the low leverage provides flexibility.
Misapplied P/E Overstates Cheapness
GRBK's trailing P/E of 9.97 appears low, but the forward P/E of 11.50 and PEG of 0.39 suggest the market expects earnings to decline, per the valuation data.
The low trailing P/E is often used to argue that GRBK is undervalued, but this ignores the cyclicality of homebuilding earnings. With revenue contracting and margins compressing, forward earnings are likely to be lower, making the forward P/E more relevant. Additionally, the P/B of 1.60 is higher than peers like MTH (1.00) and CCS (0.83), indicating that the market is pricing in a premium for GRBK's profitability, which may not be sustainable. Investors should focus on EV/EBITDA (7.66) and P/FCF (14.54) to better capture the cash-generating potential, but the negative FCF in recent quarters complicates that metric.