Green Brick Partners, Inc. (GRBK) intrinsic value & 10-year financials
Green Brick Partners, Inc. (GRBK) has a Graham intrinsic value of $234.83 per share. At $61.17 on Oct 17, 2026, the stock trades 74% below that value. Over the last 10 fiscal years revenue grew 20.9% a year to $2.1B, with an average return on invested capital of 14.9%.
- Graham intrinsic value
- $234.83
- Share price (Oct 17, 2026)
- $61.17
- Price vs Graham value
- 74% below
- Market cap
- $2.7B
- Revenue (FY2025)
- $2.1B
- Revenue growth (10-yr CAGR)
- 20.9%
- ROIC (10-yr avg)
- 14.9%
- Free cash flow (FY2025)
- $208.4M
GRBK 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $2.1B | $313.2M | $7.07 | $208.4M | — | 16.3% |
| FY2024 | $2.1B | $381.6M | $8.45 | $21.5M | — | 23.2% |
| FY2023 | $1.8B | $284.6M | $6.14 | $205.5M | — | 20.1% |
| FY2022 | $1.8B | $291.9M | $6.02 | $88.7M | — | 23.4% |
| FY2021 | $1.4B | $190.2M | $3.72 | -$94.4M | — | 19.2% |
| FY2020 | $976.0M | $113.7M | $2.24 | $32.2M | — | 14.5% |
| FY2019 | $791.7M | $58.7M | $1.16 | -$24.6M | — | 8.0% |
| FY2018 | $623.6M | $51.6M | $1.02 | -$42.7M | 11.5% | 11.1% |
| FY2017 | $454.4M | $15.0M | $0.30 | -$19.0M | 13.1% | 6.5% |
| FY2016 | $380.3M | $23.8M | $0.49 | -$7.5M | 12.6% | 6.7% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Green Brick Partners, Inc. is a consistent compounder, expanding top-line revenue at 20.9% annually over the past decade.
Green Brick Partners, Inc. returns on capital have been average, hovering around 14.9% ROIC over the decade.
Over the decade, Green Brick Partners, Inc. shows that management has aggressively returned capital to shareholders by retiring 10.2% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Green Brick Partners, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $234.83 per share.