Community Count Growth
Beazer Homes grew its average community count by 15% to 167, successfully activating 19 communities.
Share Repurchases and Book Value Increase
The company repurchased $12.5 million of stock, increasing book value per share to over $41.
Adjusted Homebuilding Gross Margin
Achieved an adjusted homebuilding gross margin of 18.4%, slightly up from the previous quarter.
Energy Efficiency Leadership
Beazer Homes maintains its position as the #1 energy-efficient homebuilder in the U.S., with a focus on Zero Energy Ready homes.
Land Management and Shareholder Returns
The company sold $45 million of non-core land, generating $8 million in gross profit, and maintains $87 million for continued share repurchases.