Strong Financial Performance
Total revenues for fiscal 2025 were over $6.2 billion, with a net income of nearly $430 million. Book value per share increased by 10%.
Shareholder Returns
Returned more than $600 million in capital to shareholders in fiscal 2025, including $540 million in share repurchases.
Operational Improvements
Improved build times by roughly 20% year over year in Q4, with build times hitting a target of 120 days or less.
Community Expansion
Increased community count by 5% to 271 active communities and plans to open 35-40 new communities in Q1 2026.
Efficiency in Costs
Achieved a 4% sequential and 6% year-over-year reduction in direct costs for homes started in the fourth quarter.