Green Brick Partners, Inc. — Earnings Quality Grade F
GRBK · Consumer Cyclical
Major red flags
Screening Summary
Management Signals
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 7 days, change +5 days YoY
AR outpaced revenue for 2 consecutive years
Revenue -0.0%, CFFO 723.0%. Cash follows revenue
Expense Quality
Inventory 8.3% vs COGS 4.5%. Normal
CapEx growth 9.9% vs revenue -0.0%. Normal
SG&A/Gross Profit = 36.1%. Normal
Gross margin 30.5%, change -3.0pp. Stable
Cash Flow Quality
CFFO < Net Income for 3 consecutive years
FCF $0.2B, FCF/NI = 0.67
Accruals ratio = 3.9%. Low accruals
Cash $0.2B covers only 47% of debt $0.3B
Balance Sheet Health
Goodwill+Intangibles $0.0B = 0% of equity. Manageable
Debt/EBITDA = 0.8x. Healthy
Other assets grew 102.7% vs revenue -0.0%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change -9% YoY. Normal
Manipulation Score
M-Score = -0.36 (> -1.78). LIKELY MANIPULATOR
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25