Green Brick Partners Inc (GRBK) - Net Assets
Based on the latest financial reports, Green Brick Partners Inc (GRBK) has net assets worth $1.88 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.48 Billion) and total liabilities ($602.44 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check GRBK asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.88 Billion |
| % of Total Assets | 75.72% |
| Annual Growth Rate | 17.13% |
| 5-Year Change | 156.15% |
| 10-Year Change | 356.67% |
| Growth Volatility | 353.5 |
Green Brick Partners Inc - Net Assets Trend (2006–2024)
This chart illustrates how Green Brick Partners Inc's net assets have evolved over time, based on quarterly financial data. Also explore GRBK current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Green Brick Partners Inc (2006–2024)
The table below shows the annual net assets of Green Brick Partners Inc from 2006 to 2024. For live valuation and market cap data, see market cap of Green Brick Partners Inc.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.70 Billion | +25.40% |
| 2023-12-31 | $1.35 Billion | +21.77% |
| 2022-12-31 | $1.11 Billion | +22.13% |
| 2021-12-31 | $910.56 Million | +37.35% |
| 2020-12-31 | $662.95 Million | +20.54% |
| 2019-12-31 | $550.01 Million | +13.26% |
| 2018-12-31 | $485.63 Million | +12.15% |
| 2017-12-31 | $433.04 Million | +7.86% |
| 2016-12-31 | $401.49 Million | +7.97% |
| 2015-12-31 | $371.86 Million | +104.77% |
| 2014-12-31 | $181.60 Million | +1542.97% |
| 2013-12-31 | $11.05 Million | -79.94% |
| 2012-12-31 | $55.11 Million | -44.86% |
| 2011-12-31 | $99.94 Million | +83.64% |
| 2010-12-31 | $54.42 Million | -30.13% |
| 2009-12-31 | $77.89 Million | -17.80% |
| 2008-12-31 | $94.76 Million | -50.25% |
| 2007-12-31 | $190.47 Million | +93.08% |
| 2006-12-31 | $98.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Green Brick Partners Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 133504762200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.33 Billion | 81.99% |
| Common Stock | $445.00K | 0.03% |
| Other Components | $292.26 Million | 17.98% |
| Total Equity | $1.63 Billion | 100.00% |
Green Brick Partners Inc Competitors by Market Cap
The table below lists competitors of Green Brick Partners Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ATS Corporation
NYSE:ATS
|
$2.89 Billion |
|
Concentra Group Holdings Parent, Inc.
NYSE:CON
|
$2.89 Billion |
|
ACC Limited
NSE:ACC
|
$2.89 Billion |
|
Brederode
LSE:0QWB
|
$2.89 Billion |
|
Sportradar Group AG
NASDAQ:SRAD
|
$2.89 Billion |
|
Teleperformance SE
PA:TEP
|
$2.89 Billion |
|
Krishna Institute of Medical Sciences Limited
NSE:KIMS
|
$2.89 Billion |
|
Calix Inc
NYSE:CALX
|
$2.89 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Green Brick Partners Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,300,704,000 to 1,625,415,000, a change of 324,711,000 (25.0%).
- Net income of 381,583,000 contributed positively to equity growth.
- Dividend payments of 2,875,000 reduced retained earnings.
- Share repurchases of 48,428,000 reduced equity.
- New share issuances of 70,347,000 increased equity.
- Other comprehensive income increased equity by 47,603,000.
- Other factors decreased equity by 123,519,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $381.58 Million | +23.48% |
| Dividends Paid | $2.88 Million | -0.18% |
| Share Repurchases | $48.43 Million | -2.98% |
| Share Issuances | $70.35 Million | +4.33% |
| Other Comprehensive Income | $47.60 Million | +2.93% |
| Other Changes | $-123.52 Million | -7.6% |
| Total Change | $- | 24.96% |
Book Value vs Market Value Analysis
This analysis compares Green Brick Partners Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.83x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.81x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $23.61 | $66.27 | x |
| 2007-12-31 | $157.66 | $66.27 | x |
| 2008-12-31 | $72.17 | $66.27 | x |
| 2009-12-31 | $41.87 | $66.27 | x |
| 2010-12-31 | $29.39 | $66.27 | x |
| 2011-12-31 | $13.76 | $66.27 | x |
| 2012-12-31 | $7.45 | $66.27 | x |
| 2013-12-31 | $2.40 | $66.27 | x |
| 2014-12-31 | $11.68 | $66.27 | x |
| 2015-12-31 | $8.97 | $66.27 | x |
| 2016-12-31 | $7.87 | $66.27 | x |
| 2017-12-31 | $8.38 | $66.27 | x |
| 2018-12-31 | $9.23 | $66.27 | x |
| 2019-12-31 | $10.33 | $66.27 | x |
| 2020-12-31 | $12.60 | $66.27 | x |
| 2021-12-31 | $17.13 | $66.27 | x |
| 2022-12-31 | $22.13 | $66.27 | x |
| 2023-12-31 | $28.33 | $66.27 | x |
| 2024-12-31 | $36.25 | $66.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Green Brick Partners Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 23.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.18%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.38x
- Recent ROE (23.48%) is above the historical average (-12.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -9.48% | 0.00% | 0.00x | 4.93x | $-4.80 Million |
| 2007 | -1.99% | 0.00% | 0.00x | 2.83x | $-14.59 Million |
| 2008 | -50.64% | -22.72% | 0.49x | 4.53x | $-48.93 Million |
| 2009 | -18.87% | -3.28% | 1.20x | 4.80x | $-20.85 Million |
| 2010 | -36.89% | -4.41% | 1.37x | 6.12x | $-25.40 Million |
| 2011 | -9.23% | -1.33% | 2.18x | 3.17x | $-18.17 Million |
| 2012 | -70.86% | -8.60% | 1.85x | 4.45x | $-45.47 Million |
| 2013 | -210.63% | -13.14% | 19.06x | 0.84x | $-41.07 Million |
| 2014 | 29.11% | 20.33% | 0.61x | 2.33x | $32.84 Million |
| 2015 | 4.26% | 5.26% | 0.61x | 1.32x | $-20.63 Million |
| 2016 | 6.18% | 6.25% | 0.70x | 1.41x | $-14.70 Million |
| 2017 | 3.60% | 3.29% | 0.74x | 1.47x | $-26.66 Million |
| 2018 | 11.02% | 8.28% | 0.80x | 1.67x | $4.79 Million |
| 2019 | 11.21% | 7.41% | 0.90x | 1.67x | $6.34 Million |
| 2020 | 17.76% | 11.65% | 0.99x | 1.54x | $49.67 Million |
| 2021 | 21.75% | 13.56% | 0.99x | 1.63x | $102.76 Million |
| 2022 | 27.49% | 16.61% | 1.06x | 1.56x | $185.71 Million |
| 2023 | 21.88% | 16.01% | 0.93x | 1.46x | $154.56 Million |
| 2024 | 23.48% | 18.18% | 0.93x | 1.38x | $219.04 Million |
Industry Comparison
This section compares Green Brick Partners Inc's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $1,004,510,889
- Average return on equity (ROE) among peers: 17.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Green Brick Partners Inc (GRBK) | $1.88 Billion | -9.48% | 0.32x | $2.89 Billion |
| Beazer Homes USA Inc (BZH) | $1.23 Billion | 11.38% | 1.10x | $608.73 Million |
| Cavco Industries Inc (CVCO) | $254.88 Million | 5.98% | 0.72x | $3.96 Billion |
| Dream Finders Homes Inc (DFH) | $1.09 Billion | 27.24% | 1.36x | $520.11 Million |
| DR Horton Inc (DHI) | $802.39 Million | 19.92% | 1.94x | $43.57 Billion |
| Hovnanian Enterprises Inc (HOV) | $1.97 Billion | 23.92% | 1.39x | $569.25 Million |
| Installed Building Products Inc (IBP) | $91.87 Million | 15.16% | 1.55x | $7.83 Billion |
| KB Home (KBH) | $2.18 Billion | 22.03% | 1.67x | $3.25 Billion |
| Legacy Housing Corp (LEGH) | $189.28 Million | 11.37% | 0.24x | $513.63 Million |
| Lennar Corporation (LEN) | $1.23 Billion | 18.65% | 2.08x | $19.08 Billion |
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 50% interest in a… Read more