Beazer Homes USA ( (BZH) ) has released its Q2 earnings. Here is a breakdown of the information Beazer Homes USA presented to its investors.
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Beazer Homes USA, Inc., headquartered in Atlanta, is a prominent homebuilder in the United States, known for its energy-efficient homes and innovative home design options. The company operates in multiple states, offering customers the ability to personalize their living spaces and compare mortgage options through its Mortgage Choice program.
In its fiscal second quarter of 2025, Beazer Homes reported a net income of $12.8 million and earnings per diluted share of $0.42, despite facing challenging macroeconomic conditions. The company also announced a new $100 million share repurchase authorization as part of its updated capital allocation strategy.
Key financial highlights for the quarter included a 3.2% increase in homebuilding revenue to $556.0 million, driven by a 3.4% rise in home closings. However, the company experienced a decline in net new orders by 15.5% and a decrease in homebuilding gross margin to 15.1%. Beazer Homes also reported a backlog dollar value of $831.5 million, down 22.7% from the previous year.
Looking ahead, Beazer Homes remains optimistic about the demand for new homes, supported by demographic trends and a structural housing deficit. The company is focused on achieving its Multi-Year Goals, including community count growth and leverage ratio reductions, while maintaining its commitment to sustainability as America’s #1 Energy-Efficient Homebuilder.