Beazer Homes USA, Inc. (BZH) Q4 2025 Earnings Call Transcript
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
0mins
Should l Buy BZH?
Source: SeekingAlpha
Average Active Community Count 164, up 14% from last year. This increase was due to community count growth and strategic positioning.
Net Debt to Net Capitalization Ratio Below 40%, reduced from the previous year. This was achieved through prudent balance sheet management and asset sales.
Book Value Per Share Nearly $43, up from the previous year. Growth driven by profitability and share repurchases.
Savings Per Home $10,000, achieved through rebidding material and labor costs.
Reduction in Force Savings $12 million per year, resulting from workforce reductions.
Asset Sales $63 million, contributing $7 million in profit. This was part of a portfolio realignment strategy.
Gross Margin 17.2%, impacted by a higher percentage of specs and larger incentives.
SG&A as Percentage of Revenue 9.6%, improved due to strong fourth-quarter closings.
Adjusted EBITDA Approximately $64 million, achieved despite a tough market.
Diluted Earnings Per Share $1.02, reflecting strong operational performance.
Land Acquisition and Development Spending $684 million for the year, offset by $63 million in land sale proceeds.
Active Controlled Lot Position Nearly 25,000, with 62% under option contracts.
Deferred Tax Assets More than $140 million, including $84 million related to energy tax credits.
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Analyst Views on BZH
Wall Street analysts forecast BZH stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 22.990
Low
23.00
Averages
23.00
High
23.00
Current: 22.990
Low
23.00
Averages
23.00
High
23.00
About BZH
Beazer Homes USA, Inc. is a geographically diversified homebuilder with active operations in approximately 13 states. It operates in three segments: West, East, and Southeast. The West segment includes Arizona, California, Nevada, and Texas. The East segment includes Delaware, Indiana, Maryland, New Jersey(a), Tennessee, and Virginia. The Southeast segment includes Florida, Georgia, North Carolina, and South Carolina. Its portfolio includes Montana Vista, Retreat at Rancho Mirage, Acacia Foothills at Estrella, Highpointe at Northpointe, Marbella at Windrose, Tirreno at IronWing, Cassia at Vistancia, Bethany Grove, Sanctuary, and Willows at Bella Vista Farms. It builds its homes in Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, North Carolina, South Carolina, Tennessee, Texas, and Virginia. The Company with its Choice Plans, consumers can personalize primary living areas, giving you a choice of how you want to live in the home, at no additional cost.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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