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Despite a decrease in net income, Green Brick Partners Inc (GRBK) showcases robust margins and liquidity, positioning itself well for future growth.
Net income attributable to Green Brick Partners, Inc. for the first quarter was $61 million, or $1.39 per diluted share, on total revenues of $465 million. At the end of Q1, our homebuilding debt to total capital ratio decreased to 11.5%, and our net homebuilding debt to total capital ratio decreased to 5.5%, among the lowest of our public homebuilding peers.
Moby summary of Green Brick Partners, Inc.'s Q1 2026 earnings call