
Beazer Homes USA, Inc.
Consumer CyclicalNYSE:BZH · New York Stock Exchange
-$0.28 today
Vol 0.18M · Avg 0.60M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Earnings Waterfall
Revenue to Net Income
Key Ratios
Analysis
$2.1B of revenue converted into -$3.8M of net income for the selected period. Gross margin is 12.6% and net margin is -1.4%, showing how much revenue survives after costs and taxes. EPS is $-0.15, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4B +1.8% | $2.3B +5.6% | $2.2B -4.8% | $2.3B +8.3% | $2.1B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $2.0B +6.7% | $1.9B +8.0% | $1.8B -0.9% | $1.8B +2.5% | $1.7B | $725.6M | $804.0M | $882.4M |
| Gross Profit | $337.5M -20.5% | $424.3M -4.2% | $442.7M -17.6% | $537.5M +33.0% | $404.3M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 14.2% -4.0pp | 18.2% -1.9pp | 20.1% -3.1pp | 23.2% +4.3pp | 18.9% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $204.8M +9.9% | $186.3M +3.6% | $179.8M -28.6% | $251.7M +3.4% | $243.4M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $300.9M +7.0% | $281.3M +6.0% | $265.4M +0.2% | $265.0M +3.0% | $257.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $19.2M +28.9% | $14.9M +21.9% | $12.2M -8.7% | $13.4M -4.4% | $14.0M | $374.2M | $1.2B | $631.8M |
| EBITDA | $60.0M -65.5% | $174.0M -33.9% | $263.3M -8.4% | $287.3M +16.0% | $247.8M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 2.5% -4.9pp | 7.5% -4.5pp | 11.9% -0.5pp | 12.4% +0.8pp | 11.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | $36.6M -74.4% | $143.0M -19.3% | $177.3M -35.0% | $272.5M +85.5% | $146.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 1.5% -4.6pp | 6.1% -1.9pp | 8.0% -3.7pp | 11.8% +4.9pp | 6.9% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 -100.0% | $2.8M | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $0 | $0 -100.0% | $68.5M | $0 -100.0% | $90.1M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $4.2M -73.6% | $16.1M +197.8% | $5.4M +260.0% | $1.5M +147.7% | -$3.1M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $40.9M -74.3% | $159.1M -12.9% | $182.6M -33.3% | $274.0M +90.6% | $143.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 1.7% -5.1pp | 6.8% -1.4pp | 8.3% -3.5pp | 11.8% +5.1pp | 6.7% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | -$4.7M -125.1% | $18.9M -21.1% | $24.0M -55.0% | $53.3M +147.2% | $21.5M | $1.3B | -$1.6B | $745.2M |
| Net Income | $45.6M -67.5% | $140.2M -11.6% | $158.6M -28.1% | $220.7M +80.9% | $122.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 1.9% -4.1pp | 6.0% -1.2pp | 7.2% -2.3pp | 9.5% +3.8pp | 5.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $2 -66.7% | $5 -12.2% | $5 -27.9% | $7 +78.1% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $2 -66.4% | $5 -12.2% | $5 -28.0% | $7 +78.8% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $29.8M -2.6% | $30.5M +0.6% | $30.4M -0.3% | $30.4M +1.6% | $30.0M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $30.0M -3.0% | $31.0M +0.7% | $30.7M -0.2% | $30.8M +1.2% | $30.4M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector

LGI Homes, Inc.
NASDAQ:LGIH
$1.26B

Douglas Dynamics, Inc.
NYSE:PLOW
$1.09B

Carriage Services, Inc.
NYSE:CSV
$640.29M

Hovnanian Enterprises, Inc.
NYSE:HOV
$612.25M

Legacy Housing Corporation
NASDAQ:LEGH
$594.54M

Ethan Allen Interiors Inc.
NYSE:ETD
$549.13M

Cars.com Inc.
NYSE:CARS
$529.96M

Build-A-Bear Workshop, Inc.
NYSE:BBW
$404.21M

Cango Inc.
NYSE:CANG
$111.67M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does BZH generate?
Beazer Homes USA, Inc. (BZH) reported $2.37B of revenue in fiscal 2025.
Is BZH profitable?
Beazer Homes USA, Inc. (BZH) reported $45.59M of net income, with a net margin of 1.9%.
Explore More
Continue the stock analysis
Jump to another research area for this company.