Century Communities, Inc ( (CCS) ) has released its Q1 earnings. Here is a breakdown of the information Century Communities, Inc presented to its investors.
Century Communities, Inc., a leading homebuilder in the United States, specializes in constructing high-quality homes at affordable prices across 17 states. In its first quarter of 2025, Century Communities reported a net income of $39.4 million and total revenues of $903.2 million, despite facing economic uncertainties and interest rate volatility. The company delivered 2,284 homes and secured 2,692 net new home contracts, with a community count increase of 26% year-over-year to 318. Key financial metrics included an adjusted net income of $42.2 million and an adjusted homebuilding gross margin of 21.6%. The company also expanded its senior unsecured credit facility to $1.0 billion, maintaining a strong balance sheet with $2.6 billion in stockholders’ equity. Looking ahead, Century Communities remains focused on managing costs and balancing pace with price to navigate market challenges, with a revised full-year guidance for home deliveries and sales revenues.