NYSE · Financial Statements

Beazer Homes USA, Inc. (BZH) Financial Statements

$33.48 NYSE: BZH Market Cap $893.23M

Beazer Homes USA, Inc. most recently reported annual revenue of $2.4B, net profit of $46.0M. Revenue grew at an average annual rate of 2.2% over the last 5 fiscal years. See the full income statement, balance sheet, and cash flow statement below, plus valuation and return ratios.

Beazer Homes USA, Inc.: Revenue rose from $1.8B in 2016 to $2.4B in 2025, a change of +30.2% over 9 years; net profit was positive in 8 of 10 reported years; operating margin moved from 3.3% to 1.5%, a shift of -1.7 percentage points; the most recent year shows net profit of $46.0M.

Income Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Revenue$1.8B$1.9B$2.1B$2.1B$2.1B$2.1B$2.3B$2.2B$2.3B$2.4B
Operating Expenses$1.8B$1.9B$2.0B$2.2B$2.0B$2.0B$2.0B$2.0B$2.2B$2.3B
Operating Profit$59.0M$62.0M$82.0M$-90.0M$79.0M$147.0M$272.0M$177.0M$143.0M$37.0M
Operating Margin3.3%3.2%3.9%-4.3%3.7%6.9%11.8%8.0%6.1%1.5%
Other Income$-38.0M$-27.0M$-32.0M$-27.0M$-8.0M$-3.0M$1.0M$5.0M$16.0M$4.0M
Interest$0$0$0$98.0M$103.0M$90.0M$0$68.0M$0$0
Depreciation$14.0M$14.0M$14.0M$15.0M$16.0M$14.0M$13.0M$12.0M$15.0M$19.0M
Profit Before Tax$22.0M$35.0M$49.0M$-117.0M$71.0M$144.0M$274.0M$183.0M$159.0M$41.0M
Tax$76.0M$7.8M$191.1M$31.9M$25.2M$15.0M$19.4M$13.1M$11.9M$-11.6M
Net Profit$5.0M$32.0M$-45.0M$-79.0M$52.0M$122.0M$221.0M$159.0M$140.0M$46.0M
EPS$0.15$0.99$-1.41$-2.59$1.74$4.01$7.17$5.16$4.53$1.52
Dividend Payout0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

Quarterly Results — Last 12 Quarters (USD millions)

8 duplicate period labels in the source data were collapsed.

MetricSep '23Dec '23Mar '24Jun '24Sep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26
Revenue$645.0M$387.0M$542.0M$596.0M$806.0M$469.0M$565.0M$545.0M$792.0M$363.0M$410.0M$516.0M
Operating Expenses$583.0M$367.0M$506.0M$567.0M$748.0M$467.0M$552.0M$549.0M$767.0M$395.0M$429.0M$528.0M
Operating Profit$62.0M$20.0M$36.0M$29.0M$58.0M$2.0M$13.0M$-4.0M$25.0M$-32.0M$-19.0M$-11.0M
Operating Margin9.6%5.2%6.7%4.8%7.2%0.5%2.4%-0.7%3.1%-8.8%-4.6%-2.2%
Interest$1.0M$11.0M$0$0$0$0$0$0$0$0$0$0
Profit Before Tax$64.0M$23.0M$46.0M$30.0M$61.0M$3.0M$14.0M$-3.0M$26.0M$-31.0M$-19.0M$-11.0M
Tax$13.2M$5.2M$14.7M$8.3M$14.1M$1.1M$9.8M$87.1M$-15.3M$-4.9M$95.1M$59.8M
Net Profit$56.0M$22.0M$39.0M$27.0M$52.0M$3.0M$13.0M$0$30.0M$-33.0M$-1.0M$-4.0M
EPS$1.80$0.70$1.26$0.88$-2.85$0.10$0.42$-0.01$1.02$-1.13$-0.03$-0.16

Over the 10 years reported for Beazer Homes USA, Inc., borrowings decreased from $1.3B in 2016 to $1.1B in 2025, cash stood at $215.0M in the latest year, shareholders' equity was $0, current assets covered current liabilities 11.40 times.

Balance Sheet — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Total Assets$2.2B$2.2B$2.1B$2.0B$2.0B$2.1B$2.3B$2.4B$2.6B$2.6B
Current Assets$1.9B$1.9B$1.9B$1.7B$1.7B$1.8B$2.0B$2.2B$2.3B$2.3B
Cash$229.0M$292.0M$140.0M$107.0M$343.0M$247.0M$215.0M$346.0M$204.0M$215.0M
Inventory$1.6B$1.5B$1.7B$1.5B$1.4B$1.5B$1.7B$1.8B$2.0B$2.0B
Receivables$54.0M$36.0M$25.0M$31.0M$29.0M$26.0M$45.0M$46.0M$65.0M$78.0M
Fixed Assets$19.0M$18.0M$21.0M$27.0M$35.0M$35.0M$34.0M$49.0M$57.0M$83.0M
Capital Work in Progress$0$0$0$0$0$0$0$0$0$0
Investments$10.0M$4.0M$4.0M$4.0M$4.0M$4.0M$1.0M$0$0$0
Other Assets$0$0$10.0M$11.0M$11.0M$11.0M$11.0M$11.0M$11.0M$11.0M
Total Liabilities$1.6B$1.5B$1.5B$1.4B$1.4B$1.4B$1.3B$1.3B$1.4B$1.4B
Current Liabilities$209.0M$103.0M$126.0M$131.0M$273.0M$274.0M$211.0M$228.0M$231.0M$204.0M
Borrowings$1.3B$1.3B$1.2B$1.2B$1.1B$1.1B$995.0M$997.0M$1.0B$1.1B
Other Liabilities$238.0M$211.0M$253.0M$241.0M$268.0M$286.0M$318.0M$311.0M$314.0M$304.0M
Equity$0$0$0$0$0$0$0$0$0$0
Reserves$643.0M$682.0M$644.0M$539.0M$593.0M$725.0M$939.0M$1.1B$1.2B$1.2B

For Beazer Homes USA, Inc., operating cash flow was positive in 9 of 10 reported years; free cash flow in the latest year was $3.0M; free cash flow was positive in 9 of 10 years; financing activities used $36.0M in the latest year, which covers debt repayment, dividends and buybacks.

Cash Flow Statement — 10 Years (USD millions)

Metric2016201720182019202020212022202320242025
Operating Cash Flow$163.0M$96.0M$30.0M$114.0M$289.0M$32.0M$81.0M$178.0M$-138.0M$32.0M
Investing Cash Flow$-4.0M$-28.0M$-91.0M$-46.0M$-21.0M$-29.0M$-30.0M$-50.0M$-52.0M$-48.0M
Financing Cash Flow$0$-1.0M$-7.0M$-36.0M$-8.0M$-3.0M$-15.0M$-5.0M$-24.0M$-36.0M
Net Cash Flow$-23.0M$61.0M$-151.0M$-30.0M$220.0M$-68.0M$-22.0M$134.0M$-144.0M$-24.0M
Free Cash Flow$151.0M$83.0M$13.0M$92.0M$278.0M$17.0M$66.0M$158.0M$-160.0M$3.0M

Valuation & Return Ratios

MetricValue
PEG Ratio1.16
EV / EBITDA-146.94
FCF Yield-16.80%
Quick Ratio1.28
Interest Coverage—
Return 1Y28.64%
Return 3Y17.53%
Return 5Y93.87%

Beazer Homes USA, Inc. (BZH) financials — frequently asked questions

What is Beazer Homes USA, Inc.'s annual revenue?

Beazer Homes USA, Inc. (BZH) reported annual revenue of $2.4B in its most recent fiscal year.

What is Beazer Homes USA, Inc.'s net profit?

Beazer Homes USA, Inc. (BZH) reported net profit of $46.0M in its most recent fiscal year.

What is BZH EV/EBITDA?

Beazer Homes USA, Inc.'s enterprise value to EBITDA (EV/EBITDA) ratio is -146.94. A negative value means EBITDA was negative over the period, so the ratio is not a meaningful valuation measure.

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