Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2,140 | $2,317 | $2,207 | $2,330 | $2,372 |
| Gross Profit | $404 | $538 | $443 | $424 | $338 |
| Operating Income | $147 | $272 | $177 | $143 | $37 |
| Net Income | $122 | $221 | $159 | $140 | $46 |
Over the five-year period, BEAZER HOMES USA, INC. demonstrated relative stability in revenues, with figures increasing from approximately $2.14 billion in 2021 to $2.37 billion in 2025. Revenues saw moderate growth in 2022, reaching about $2.32 billion, and fluctuated mildly over subsequent years. However, while the top line remained relatively robust, the profitability metrics reveal notable volatility. Gross profit peaked in 2022 at $537.5 million but declined steadily thereafter, falling from $424.3 million in 2024 to $337.5 million in 2025, indicating a significant margin compression likely driven by increased costs or less favorable product mix. A more pronounced shift is evident in the operating and net income trends. Operating income more than doubled from $146.9 million in 2021 to $272.5 million in 2022 before retreating to $36.6 million in 2025—a decline exceeding 70% from its 2024 level. Similarly, net income increased from $122.0 million in 2021 to a high of $220.7 million in 2022 but then dropped to $45.6 million in 2025, signaling a considerable profit squeeze. These swings, particularly in 2025, suggest potential operational challenges, such as rising expenses, margin pressures, or shifts in market conditions affecting construction and real estate sectors. Overall, while the revenue base remains sound, the steep declines in profitability metrics raise concerns about cost management and operational efficiency, which are critical for sustaining long-term financial health in a competitive housing market.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.