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Beazer Homes USA, Inc.

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Beazer Homes USA, Inc. • NYSE
$22.87 ▼ -0.61% (-0.14)
Market Cap $680.61 M
52w High $35.32
52w Low $17.37
Dividend Yield 0%
P/E 15.05
Volume 179.00K
Outstanding Shares 29.76M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $791.896M ▲ $82.05M ▼ $30.004M ▲ 3.789% ▲ $1.02 ▲ $31.917M ▲
Q3-2025 $545.367M ▼ $86.629M ▲ $-324K ▼ -0.059% ▼ $-0.011 ▼ $11.2M ▼
Q2-2025 $565.339M ▲ $73.157M ▲ $12.778M ▲ 2.26% ▲ $0.42 ▲ $18.544M ▲
Q1-2025 $468.953M ▼ $69.94M ▼ $3.13M ▼ 0.667% ▼ $0.1 ▲ $6.193M ▼
Q4-2024 $806.157M $83.161M $52.066M 6.459% $-2.88 $63.415M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $214.705M ▲ $2.61B ▼ $1.361B ▼ $1.249B ▲
Q3-2025 $90.422M ▲ $2.712B ▲ $1.495B ▲ $1.217B ▼
Q2-2025 $85.082M ▲ $2.655B ▲ $1.427B ▲ $1.228B ▼
Q1-2025 $80.379M ▼ $2.601B ▲ $1.366B ▲ $1.234B ▲
Q4-2024 $203.907M $2.592B $1.359B $1.232B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-324K ▼ $-62.262M ▼ $-3.255M ▲ $47.471M ▲ $-18.046M ▼ $-70.228M ▼
Q2-2025 $12.778M ▲ $3.431M ▲ $-3.729M ▲ $-10.701M ▼ $-10.999M ▲ $-4.411M ▲
Q1-2025 $3.13M ▼ $-159.365M ▼ $-5.672M ▲ $41.894M ▲ $-123.143M ▼ $-164.584M ▼
Q4-2024 $52.066M ▲ $185.436M ▲ $-6.137M ▼ $-45.125M ▼ $134.174M ▲ $179.774M ▲
Q3-2024 $27.21M $-83.408M $-5.114M $31.564M $-56.958M $-88.598M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Home Building
Home Building
 $460.00M ▲$560.00M ▲$540.00M ▼$750.00M ▲
Land and Other
Land and Other
 $10.00M ▲$10.00M ▲$10.00M ▲$40.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Beazer’s sales have been fairly steady over the last few years, but profits have come off their recent peak. Margins were strongest a couple of years ago and have since narrowed, suggesting some combination of cost pressure, pricing pressure, or mix shift. Even with that pullback, the company remains clearly profitable, and earnings are still noticeably better than they were earlier in the period. Overall, the income statement shows a mature homebuilder that is earning solid profits but no longer in a “surge” phase.

Balance Sheet

Balance Sheet The balance sheet shows gradual strengthening. Total assets have been climbing as the company invests in land and communities, while shareholders’ equity has grown meaningfully, pointing to accumulated profits and a thicker capital cushion. Debt levels have stayed relatively stable, so leverage has eased in relative terms, even if the business is still meaningfully financed with borrowings, as is typical for homebuilders. Cash on hand has recently moved down, which slightly reduces financial flexibility, but the overall capital structure looks more robust than a few years ago.

Cash Flow

Cash Flow Cash generation has been choppy. Operating cash flow was positive in prior years but swung negative most recently, mainly reflecting heavier spending on land and work‑in‑progress rather than a collapse in earnings. Free cash flow followed the same pattern, turning negative as the company reinvested more aggressively in its communities. Underlying investment in property and equipment remains modest and stable. In short, Beazer is currently using cash to fund future growth, which can be healthy but does raise execution and timing risks if the housing cycle softens.

Competitive Edge

Competitive Edge Beazer operates in a highly cyclical, competitive industry dominated by large national builders and strong regional players. Its main edge is a clear, company‑wide focus on energy‑efficient, lower‑operating‑cost homes, supported by recognized certifications. Programs that give buyers more choice in layouts and financing partners add a customer‑friendly angle that many rivals do not match in the same way. Still, the company lacks the sheer scale of the largest peers and remains exposed to swings in mortgage rates, consumer confidence, and local housing supply, which can quickly shift demand and pricing power.

Innovation and R&D

Innovation and R&D Innovation is focused on how homes are built and sold rather than on traditional lab‑style R&D. Beazer is pushing toward all homes meeting stringent energy‑efficiency and indoor‑air‑quality standards, and it is preparing homes for future solar and smart‑home upgrades. The company’s standardized energy‑saving features, flexible floor‑plan options, and open financing marketplace are meaningful process and product innovations in a production‑builder context. Looking ahead, the push toward zero‑energy‑ready homes, deeper integration of smart‑home technology, and targeted cost‑reduction efforts are the main innovation themes to watch.

Summary

Beazer Homes is a mid‑sized homebuilder with steady revenues, solid but moderating profitability, and a balance sheet that has become stronger over time. Recent cash outflows are driven more by investment in future communities than by weak earnings, though this increases sensitivity to the housing cycle. Competitively, the company stands out through its focus on energy‑efficient, healthier homes and buyer‑friendly programs, which align well with tightening regulations and growing consumer interest in sustainability. The main opportunities lie in leveraging these strengths as it targets move‑up buyers and executes on cost‑reduction goals, while the main risks center on interest‑rate volatility, housing affordability, and the inherent cyclicality of residential construction.

NEWS

November 13, 2025 · 4:15 PM UTC

Beazer Homes Reports Fourth Quarter and Full Fiscal 2025 Results

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October 22, 2025 · 10:22 AM UTC

Beazer Homes Encourages Homebuyers to Enjoy the Great Indoors™

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October 16, 2025 · 6:15 AM UTC

Beazer Homes USA, Inc. to Webcast Its Fourth Quarter and Full Year Fiscal 2025 Financial Results Conference Call on November 13, 2025

Read more