| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2,140 | $2,317 | $2,207 | $2,330 | $2,372 |
| Gross Profit | $404 | $538 | $443 | $424 | $338 |
| Operating Income | $147 | $272 | $177 | $143 | $37 |
| Net Income | $122 | $221 | $159 | $140 | $46 |

Edwyn
Over the five-year period, Beazer Homes USA, Inc. experienced mixed performance across key financial metrics. Revenues increased from roughly $2.14 billion in 2021 to $2.37 billion in 2025, with notable gains between 2021 and 2022 (an approximate 8% increase) and modest rises in subsequent years. However, gross profit trends reveal that while there was an impressive jump of over 33% from 2021 ($404 million) to 2022 ($537 million), the following years saw a downward drift, with gross profit declining by around 18% from 2022 to 2023 and further slipping in 2024 and 2025. This suggests that although the company managed to drive revenue, the margins on sales have been under pressure. The operating income and net income figures underscore heightened volatility, particularly evident in 2025. Operating income nearly doubled from 2021 to 2022—from about $147 million to $272 million—but then experienced a steep decline to approximately $37 million in 2025, marking a year-over-year drop exceeding 70% from 2024. Similarly, net income peaked in 2022 at around $221 million but plummeted to roughly $46 million in 2025, a decline of more than 67% compared to the previous year. Such significant swings, especially the marked deterioration in profitability in 2025, may reflect operational challenges, rising construction costs, or tougher market conditions prevalent in the housing industry during that period. Overall, while Beazer Homes’ revenue base remains relatively stable, the pronounced compression in margins and profitability in recent years raises concerns about its operational efficiency and long-term financial health.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.