Green Brick Partners(US:GRBK)2025-05-01 10:30Financial Performance - Diluted EPS for Q1 2025 decreased 8.2% year over year to $1.67[18] - Homebuilding gross margins for Q1 2025 decreased 220 bps year-over-year to 31.2%[18] - Closings in Q1 2025 increased 10.8% year over year to 910 units[23] - ASP in Q1 2025 increased 0.9% YOY to $544K[23] - Home closings revenue in Q1 2025 increased 11.8% year over year to $495 million[23] - Net new home orders in Q1 2025 increased 3.3% year-over-year to 1,106[29] Land and Lot Position - Total lots owned and controlled increased 31.6% year-over-year to 40,525, with 85.7% owned on the balance sheet[35] - The company expects land development spending in 2025 to be approximately $300 million, an increase of 46% from 2024[35] Financial Health - The average ROE in Q1 2025 was 18.5%[42] - The average ROA in Q1 2025 was 13.1%[42] - The debt-to-total-capital ratio was 14.5% at the end of Q1 2025[42]