Stable Homebuilding Gross Margins
Century Communities maintained relatively stable homebuilding gross margins of 20.1%, excluding purchase price accounting, which eased by only 80 basis points sequentially.
Community Count Growth
The company ended the first quarter with a community count of 318, which is a 26% increase on a year-over-year basis. The community count is expected to increase in the mid-single-digit percentage range by year-end 2025.
Successful Cost Management
Century Communities managed to keep direct construction and finished lot costs roughly flat on a sequential basis, with a 4% decline in direct construction costs year-over-year.
Recognition for Trustworthiness
Century Communities was selected for the third year in a row to Newsweek's list of America's most trustworthy companies.