/BZHFinancial History
Annual Financials
| Fiscal Year | Revenue | Gross Profit | Gross Margin | Net Income | EPS (Diluted) | Total Assets | Total Equity |
|---|---|---|---|---|---|---|---|
| FY2025 | $2.4B | $338M | 14.2% | $46M | $1.52 | $2.6B | $1.2B |
| FY2024 | $2.3B | $424M | 18.2% | $140M | $4.53 | $2.6B | $1.2B |
| FY2023 | $2.2B | $443M | 20.1% | $159M | $5.16 | $2.4B | $1.1B |
| FY2022 | $2.3B | $538M | 23.2% | $221M | $7.17 | $2.3B | $939M |
| FY2021 | $2.1B | $404M | 18.9% | $122M | $4.01 | $2.1B | $725M |
| FY2020 | $2.1B | $348M | 16.3% | $52M | $1.74 | $2.0B | $593M |
| FY2019 | $2.1B | $166M | 8.0% | $-80M | $-2.60 | $2.0B | $539M |
| FY2018 | $2.1B | $345M | 16.4% | $-45M | $-1.41 | $2.1B | $644M |
| FY2017 | $1.9B | $313M | 16.3% | $32M | $0.99 | $2.2B | $682M |
| FY2016 | $1.8B | $297M | 16.3% | $5M | $0.15 | $2.2B | $643M |
| FY2015 | $1.6B | $272M | 16.7% | $344M | $10.83 | $2.4B | $630M |
| FY2014 | $1.5B | $263M | 18.0% | $34M | $1.08 | $2.1B | $279M |
Builder Operating KPIsExtracted from earnings releases
| Period | Orders | Closings | Cancel % | Backlog | Backlog $ | ASP | Communities | Lots Owned | Lots Ctrl | Inventory | Specs |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2026 | 907 | 700 | 18.3% | 1,008 | $1.6B | $514K | 168 | — | 24,832 | — | — |
| Q4 FY2025 | 999 | 1,406 | 17.9% | 945 | $517M | $520K | 169 | 10,287 | 25,660 | — | — |
| Q3 FY2025 | 861 | 1,035 | 19.8% | 1,352 | $1.6B | $517K | 167 | — | 27,794 | — | — |
| Q2 FY2025 | 1,098 | 1,079 | 16.9% | 1,526 | $1.6B | $515K | 162 | — | 28,290 | — | — |
| Q1 FY2025 | 932 | 907 | 16.5% | 1,507 | $1.6B | $508K | 161 | — | 28,874 | — | — |
| Q4 FY2024 | 1,029 | 1,496 | 21.9% | 1,482 | $797M | $515K | 144 | 12,413 | 28,538 | — | — |
| Q3 FY2024 | 1,070 | 1,167 | 18.6% | 1,949 | $1.1B | $505K | 146 | — | 28,365 | — | — |
| Q2 FY2024 | 1,299 | 1,044 | 12.2% | 2,046 | $1.1B | $516K | 140 | — | 26,887 | — | — |
| Q1 FY2024 | 823 | 743 | 19.0% | 1,791 | $933M | $513K | 137 | — | 26,374 | — | — |
| Q4 FY2023 | 1,003 | 1,233 | 16.5% | 1,711 | $886M | $518K | 125 | 11,699 | 26,189 | — | — |
| Q3 FY2023 | 1,200 | 1,117 | 16.1% | 916 | $1.0B | $511K | 124 | — | 22,719 | — | — |
| Q2 FY2023 | 1,181 | 1,063 | 18.6% | 882 | $1.6B | $510K | 123 | — | 23,820 | — | — |
| Q1 FY2023 | 482 | 833 | 37.1% | 843 | $1.4B | $533K | — | — | 24,735 | — | — |
| Q4 FY2022 | 5,287 | 1,616 | 32.8% | 2,091 | $1.1B | $484K | 123 | 11,858 | 25,170 | — | — |
| Q3 FY2022 | 3,880 | 1,043 | 17.0% | 841 | $1.0B | $502K | 123 | — | 24,899 | — | — |
| Q2 FY2022 | 2,502 | 1,078 | 12.2% | 1,087 | $1.0B | $471K | — | — | 23,516 | — | — |
| Q1 FY2022 | 1,114 | 1,019 | 11.8% | 1,423 | $1.0B | $438K | 114 | — | 23,049 | — | — |
| Q4 FY2021 | 5,492 | 1,407 | 11.7% | 2,786 | $1.3B | $402K | 117 | 11,995 | 21,987 | — | — |
| Q3 FY2021 | 3,755 | 1,378 | 10.9% | 1,827 | $1.1B | $411K | 123 | — | 19,761 | — | — |
| Q2 FY2021 | 2,389 | 1,388 | 10.0% | 1,876 | $1.1B | $394K | 131 | — | 18,230 | — | — |
Source: SEC 8-K earnings releases, extracted via regex with provenance tracking. Showing most recent 20 quarters.
Management Sentiment Analysis
Scored from earnings release language using ML analysis. Range: -1.0 (negative) to +1.0 (positive).
Current Posture
Q1 FY2026
Score: -0.35
Order volume declined 18.1%, sales pace dropped 21.1%, cancellations rose to 18.3%, and backlog units fell 33.1%, indicating persistent demand challenges.
Gross margin contracted 480 bps due to increased incentives, price concessions, and a litigation charge, while SG&A expenses rose significantly as a percentage of revenue.
Labor issues were not explicitly detailed, but supply chain and labor cost inflation risks were noted, implying mild pressure on workforce availability and costs.
Controlled lots decreased 14%, land spending fell 14.5%, and active lots declined 16.6%, reflecting a realignment and reduction in land holdings.
Management expressed cautious optimism for spring selling season and confidence in long-term strategy despite near-term losses and margin pressure.
Significant risks cited include macroeconomic uncertainty, high inflation, mortgage rate volatility, litigation charges, supply chain challenges, and regulatory risks.
Recent Trend
Sentiment for Beazer Homes USA, Inc. has trended more cautious over the past three quarters, with demand weakening notably as net new orders and sales pace declined sharply, and cancellations increased. Margin pressures have intensified consistently due to price concessions, incentives, and higher spec home closings, while land holdings and spending have contracted after initial growth, signaling a strategic pullback. Despite ongoing risks from market softness, inflation, and regulatory challenges, management maintains cautious optimism about long-term goals, though near-term conditions remain challenging.
Builder vs. Industry Sentiment
Orange = BZH · Gray = Industry average (Q1 FY2026)