NYSE$GRBK
Green Brick Partners Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported record results for the first quarter ended March 31, 2022.
Green Brick Partners reported record first-quarter results with home closings revenue up 68.0% to $363.1 million and income before income taxes up 134.3% to $82.6 million. The homebuilding gross margin increased by 240 bps to 27.8%.
- Achieved an annualized Q1 2022 return on equity of 28.8%.
- Diluted EPS was $1.20 per share, up 135% from Q1 2021.
- Home closings revenue and EPS are expected to accelerate into Q2 2022.
- Gross margin reached 27.8%, up 240 basis points from the prior year.
Headline financials
Revenue & EPS history
Green Brick · Revenue · Quarterly
$394M
Revenue by segment
Green Brick · $394M total across 2 segments · Q1 2022
- Residential Units$365M+67.9%92.6%
- Land and Lots$29M+67.9%7.4%
Forward guidance
The company expects industry-leading margins and strong financial performance to continue through the remainder of 2022 due to their ability to increase price over pace.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+0.7%
Avg return
Earnings day
+2.2%
Avg return
5 days after
+3.9%
Avg return
30 days after
54%
34 / 63 earnings
Positive
+47.8%
Q3 2010
Best reaction
-26.5%
Q1 2011
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +4.0% | -3.5% | -16.8% | |
| Q3 2025 | +2.8% | -1.6% | +5.4% | |
| Q1 2025 | +3.1% | +1.9% | +0.2% | |
| Q4 2024 | +5.8% | +2.4% | -0.2% | |
| Q3 2024 | -8.6% | -7.1% | -5.3% | |
| Q2 2024 | -2.5% | -7.4% | +5.4% | |
| Q1 2024 | +1.7% | +4.2% | +0.9% | |
| Q4 2023 | -4.3% | -9.4% | +5.5% | |
| Q3 2023 | +8.4% | +17.3% | +24.0% | |
| Q2 2023 | -9.2% | -6.8% | -10.8% | |
| Q1 2023 | +24.6% | +36.3% | +39.2% | |
| Q4 2022 | +3.7% | +9.7% | +13.3% | |
| Q3 2022 | -11.3% | -14.0% | +4.0% | |
| Q2 2022 | +13.7% | +8.2% | -9.0% | |
| Q1 2022 | +12.0% | +6.7% | +20.5% | |
| Q4 2021 | +3.1% | -1.8% | -14.8% | |
| Q3 2021 | -6.5% | -2.6% | +2.4% | |
| Q2 2021 | -3.9% | -0.9% | -1.0% | |
| Q1 2021 | -11.3% | -6.4% | -17.0% | |
| Q4 2020 | +0.3% | +8.0% | +25.6% | |
| Q3 2020 | +3.0% | +13.7% | +29.7% | |
| Q2 2020 | +6.3% | +3.2% | +5.2% | |
| Q1 2020 | +2.1% | +3.8% | +26.3% | |
| Q4 2019 | -2.3% | -9.6% | -39.8% | |
| Q3 2019 | +4.1% | +13.5% | +16.6% | |
| Q2 2019 | +5.5% | +4.5% | +1.7% | |
| Q1 2019 | +1.6% | +2.6% | -2.6% | |
| Q4 2018 | -3.1% | -2.8% | +1.4% | |
| Q3 2018 | -2.0% | -7.2% | -15.7% | |
| Q2 2018 | +5.9% | +11.2% | +7.4% | |
| Q1 2018 | +2.4% | +5.7% | +14.4% | |
| Q4 2017 | -0.9% | -3.8% | +0.9% | |
| Q3 2017 | -0.5% | +2.8% | +1.8% | |
| Q2 2017 | -6.7% | -11.1% | -18.2% | |
| Q1 2017 | +0.5% | +6.4% | +4.7% | |
| Q4 2016 | +1.6% | +4.9% | +9.9% | |
| Q3 2016 | +4.5% | +10.3% | +25.2% | |
| Q2 2016 | +3.9% | +3.3% | +8.8% | |
| Q1 2016 | -1.1% | — | — | |
| Q4 2015 | +16.2% | — | — | |
| Q3 2015 | -4.2% | — | — | |
| Q2 2015 | +6.2% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +5.0% | — | — | |
| Q3 2014 | +2.8% | — | — | |
| Q2 2014 | +4.3% | — | — | |
| Q1 2014 | -14.3% | — | — | |
| Q4 2013 | -10.8% | — | — | |
| Q3 2013 | +6.2% | — | — | |
| Q2 2013 | -12.0% | — | — | |
| Q1 2013 | -2.7% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | -12.3% | — | — | |
| Q2 2012 | -8.4% | — | — | |
| Q1 2012 | -26.5% | — | — | |
| Q1 2011 | -26.5% | — | — | |
| Q4 2011 | +6.9% | — | — | |
| Q3 2011 | +47.8% | — | — | |
| Q3 2010 | +47.8% | — | — | |
| Q2 2011 | -5.3% | — | — | |
| Q4 2010 | -6.0% | — | — | |
| Q2 2010 | -5.9% | — | — | |
| Q1 2010 | -15.4% | — | — |
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