Century Communities Reports Fourth Quarter and Full Year Results
Century Communities, Inc. (NYSE: CCS), a leading homebuilder, has made headlines with its outstanding performance in the fourth quarter and full year results. The company announced that it successfully delivered 3,435 residential units, boosting its total revenues to a remarkable $1.2 billion in the fourth quarter alone.
Fourth Quarter Highlights
During the fourth quarter, Century Communities delivered 3,030 new homes and achieved net new home contracts of 2,702. The company reported a net income of $36.0 million, translating to $1.21 per diluted share. Adjusted net income for the quarter rose to $47.1 million, or $1.59 per diluted share, marking a significant increase.
Full Year Financial Performance
For the entire year of 2025, the company showcased an impressive financial trajectory, recording net income of $147.6 million, equivalent to $4.86 per diluted share. Adjusted net income reached $181.7 million or $5.99 per diluted share. The total revenues for the year amounted to $4.1 billion, with a substantial 10,792 residential units delivered.
Positive Outlook and Future Growth
Dale Francescon, Executive Chairman of Century Communities, expressed satisfaction with the company's performance, especially in a challenging economic environment. He noted, "Despite economic uncertainties, our net orders and new home deliveries exceeded expectations, revealing that the demand for affordable housing remains robust." Rob Francescon, the Chief Executive Officer and President, highlighted that the company achieved its 23rd consecutive year of profitability. He also mentioned that the company is strategically positioned for future growth, having grown liquidity to $1.1 billion and reducing net homebuilding debt to net capital to 25.9% by the end of 2025.
Financial Highlights of the Fourth Quarter 2025
- Net income of $36.0 million; adjusted net income of $47.1 million.
- Total revenues of $1.2 billion, with home sales revenues of $1.1 billion.
- For the fourth quarter, the average selling price of new home deliveries stood at $366,700.
- At quarter end, the company had 789 homes in backlog, valued at $283.7 million.
- Homebuilding gross margin stood at 15.4%, with an adjusted margin of 18.3%.
Financial Performance Review for Full Year 2025
- Net income of $147.6 million; adjusted net income reached $181.7 million.
- Total revenues hit $4.1 billion, showcasing growth over the year.
- The company delivered 10,792 residential units, which includes 10,387 new homes.
- Average sales price for new home deliveries was $378,000.
- Homebuilding gross margin was 17.6%, with an adjusted margin of 19.9%.
Visions for 2026
Scott Dixon, the Chief Financial Officer, indicated a cautious yet optimistic outlook for 2026, suggesting that with stability in the economic climate, new home deliveries could range between 10,000 and 11,000 units. He also anticipates home sales revenues to fall between $3.6 billion and $4.1 billion.
Company Overview
Century Communities, Inc. (NYSE: CCS) is recognized for being one of the nation’s largest homebuilders, with a mission to create quality homes at affordable prices. The company operates across 16 states, offering a wide variety of housing options designed to meet the needs of diverse homebuyers. Century is dedicated to delivering excellent customer service, encouraging home ownership for families, and providing a home for every dream.
Frequently Asked Questions
What is the net income for Century Communities for the fourth quarter?
The net income for the fourth quarter was $36.0 million.
How many homes did Century Communities deliver in 2025?
In 2025, Century Communities delivered a total of 10,792 residential units.
What was the total revenue for Century Communities in the full year 2025?
The total revenue for the full year 2025 was $4.1 billion.
What is the average sales price of new homes delivered in the fourth quarter?
The average sales price of new homes delivered in the fourth quarter was $366,700.
What is Century Communities' outlook for 2026?
Century Communities expects new home deliveries to be between 10,000 and 11,000 homes, with sales revenues projected between $3.6 billion to $4.1 billion.
