Green Brick Partners Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	338.67	381.58	284.63	291.9	190.21	113.69
Depreciation & Amortization	5.21	4.88	3.55	2.37	2.74	3.67
Loss (Gain) From Sale of Assets	0.01	0.07	0.21	-0.38	0.15	0.04
Loss (Gain) From Sale of Investments	-	-10.72	-	-	-	-
Loss (Gain) on Equity Investments	9.57	2.59	-4.88	-14.14	-9.17	-5.72
Stock-Based Compensation	11.55	8.4	6.75	3.48	3.08	2.1
Other Operating Activities	36.85	37.18	23.26	22.36	14.03	5.87
Change in Accounts Receivable	-28.93	-3.23	-5.34	1.58	-1.65	-0.5
Change in Inventory	-180.84	-403.31	-109.24	-217.6	-358.27	-90.35
Change in Accounts Payable	23.92	5.43	2.52	6.12	21.16	-5.52
Change in Other Net Operating Assets	-53.81	3.04	11.91	-5.01	45.33	11.86
Operating Cash Flow	162.2	25.91	213.34	90.68	-92.38	35.14
Operating Cash Flow Growth	-	-87.85%	135.28%	-	-	-
Capital Expenditures	-4.11	-4.37	-7.8	-2.01	-2.03	-2.9
Investment in Securities	-35.6	32.2	-5.55	-4.47	-0.01	-10.43
Investing Cash Flow	-39.7	27.84	-13.35	-6.48	-2.03	-13.33
Long-Term Debt Issued	-	120.87	22.06	434.47	975.01	402.71
Long-Term Debt Repaid	-	-131.48	-43.7	-402.06	-857.92	-421.09
Net Debt Issued (Repaid)	41.93	-10.61	-21.64	32.41	117.09	-18.38
Issuance of Common Stock	70.35	70.35	-	-	-	-
Repurchase of Common Stock	-134.54	-130.11	-47.75	-102.54	-0.83	-0.59
Preferred Dividends Paid	-2.88	-2.88	-2.88	-2.81	-	-
Dividends Paid	-2.88	-2.88	-2.88	-2.81	-	-
Other Financing Activities	-26.57	-20.26	-21.53	-11.55	-9.61	-6.88
Financing Cash Flow	-51.7	-93.51	-93.8	-84.48	154.33	-25.85
Net Cash Flow	70.8	-39.76	106.19	-0.28	59.92	-4.05
Free Cash Flow	158.09	21.55	205.54	88.67	-94.41	32.23
Free Cash Flow Growth	-	-89.52%	131.82%	-	-	-
Free Cash Flow Margin	7.48%	1.03%	11.56%	5.04%	-6.73%	3.30%
Free Cash Flow Per Share	3.58	0.48	4.48	1.85	-1.85	0.64
Cash Income Tax Paid	95.47	83.61	90.54	85.45	47.29	20.54
Levered Free Cash Flow	43.62	-83.23	134.61	13.26	-152.01	-5.05
Unlevered Free Cash Flow	43.62	-83.23	134.61	13.26	-152.01	-5.05
Change in Working Capital	-239.66	-398.07	-100.16	-214.9	-293.43	-84.51

Source: S&P Global Market Intelligence. Standard template. Financial Sources.