PLANO, TX – Green Brick Partners, Inc. (NYSE: GRBK) is pleased to announce its continued recognition as one of Fortune Magazine's Fastest-Growing Companies. The company has been named to this prestigious list for multiple consecutive years, a testament to its consistent growth and strong performance in the homebuilding industry.
To qualify for this list, companies must meet a rigorous set of qualifying factors and are then ranked by revenue growth rate, EPS growth rate, and three-year annualized total return. The company's impressive financial results and strategic positioning have once again earned it a spot among the world's top performers.
Green Brick's success is highlighted by its record-breaking financial results. The company reported record full-year diluted EPS of $8.45 in 2024, a 37.6% increase year-over-year, and total revenues of over $2.1 billion, up 18.1% from the previous year. This extraordinary growth has been achieved while maintaining a conservative capital structure.
“We are extremely proud to celebrate our 10th anniversary as a public homebuilder with record quarterly and full-year results while exceeding $2 billion in home closings revenue for the first time,” said Jim Brickman, CEO and Co-Founder of Green Brick Partners. “These achievements are a result of our focus on desirable infill and infill-adjacent submarkets where we continue to generate over 80% of our revenues. With a strong pipeline of communities and an industry-leading homebuilding gross margin, we are well-positioned for continued success.”
Green Brick Partners is often one of a select few homebuilders to be recognized on such national lists. For more information on Green Brick Partners and its family of brands, please visit https://greenbrickpartners.com/.
About Green Brick Partners, Inc.:
Green Brick Partners, Inc (NYSE: GRBK), the third largest homebuilder in Dallas/Fort Worth, is a diversified homebuilding and land development company that operates in Texas, Georgia, and Florida. Green Brick owns five subsidiary homebuilders in Texas (CB JENI Homes, Normandy Homes, Southgate Homes, Trophy Signature Homes, and a 90% interest in Centre Living Homes), as well as a controlling interest in a homebuilder in Atlanta, Georgia (The Providence Group) and an 80% interest in a homebuilder in Port St. Lucie, Florida (GHO Homes). Green Brick also retains interests in related financial services platforms, including Green Brick Title and BHome Mortgage. The Company is engaged in all aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, and sales for its residential neighborhoods and master-planned communities. For more information about Green Brick Partners Inc.’s subsidiary homebuilders, please visit https://greenbrickpartners.com/brands-services/.