Company Quick10K Filing
Century Communities
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 31 $772
10-K 2020-02-07 Annual: 2019-12-31
10-Q 2019-10-30 Quarter: 2019-09-30
10-Q 2019-07-31 Quarter: 2019-06-30
10-Q 2019-05-03 Quarter: 2019-03-31
10-K 2019-02-13 Annual: 2018-12-31
10-Q 2018-11-07 Quarter: 2018-09-30
10-Q 2018-08-03 Quarter: 2018-06-30
10-Q 2018-05-09 Quarter: 2018-03-31
10-K 2018-03-01 Annual: 2017-12-31
10-Q 2017-11-03 Quarter: 2017-09-30
10-Q 2017-08-04 Quarter: 2017-06-30
10-Q 2017-05-05 Quarter: 2017-03-31
10-K 2017-02-15 Annual: 2016-12-31
10-Q 2016-11-02 Quarter: 2016-09-30
10-Q 2016-08-03 Quarter: 2016-06-30
10-Q 2016-05-06 Quarter: 2016-03-31
10-K 2016-02-19 Annual: 2015-12-31
10-Q 2015-11-06 Quarter: 2015-11-05
10-Q 2015-08-07 Quarter: 2015-06-30
10-Q 2015-05-08 Quarter: 2015-03-31
10-K 2015-03-06 Annual: 2014-12-31
10-Q 2014-11-14 Quarter: 2014-09-30
10-Q 2014-08-13 Quarter: 2014-06-30
8-K 2020-02-06 Earnings, Exhibits
8-K 2019-12-13 Enter Agreement, Exhibits
8-K 2019-11-27 Enter Agreement, Other Events, Exhibits
8-K 2019-10-29 Earnings, Exhibits
8-K 2019-07-30 Earnings, Exhibits
8-K 2019-05-23 Enter Agreement, Off-BS Arrangement, Other Events, Exhibits
8-K 2019-05-15 Regulation FD, Exhibits
8-K 2019-05-09 Enter Agreement, Exhibits
8-K 2019-05-09 Other Events, Exhibits
8-K 2019-05-08 Officers, Shareholder Vote, Exhibits
8-K 2019-03-31 Earnings, Exhibits
8-K 2019-02-12 Enter Agreement, Exhibits
8-K 2019-02-07 Earnings, Exhibits
8-K 2018-11-15 Code of Ethics
8-K 2018-11-06 Other Events, Exhibits
8-K 2018-10-25 Officers, Exhibits
8-K 2018-09-30 Earnings, Exhibits
8-K 2018-06-30 Earnings, Exhibits
8-K 2018-06-28 Enter Agreement, Other Events, Exhibits
8-K 2018-06-21 Enter Agreement, Exhibits
8-K 2018-06-05 Enter Agreement, Other Events, Exhibits
8-K 2018-05-09 Shareholder Vote
8-K 2018-03-31 Earnings, Exhibits
8-K 2018-01-02 Enter Agreement, Exhibits
8-K 2017-12-31 Earnings, Exhibits

Century Communities Financials

CCS Metrics, Comps, Filings

Annual | Quarterly

Business

Century Communities, Inc., a Delaware corporation (which we refer to as “we,” “us,” “our,” “CCS,” or the “Company”), is engaged in the development, design, construction, marketing and sale of single-family attached and detached homes in the States of Alabama, Arizona, California, Colorado, Florida, Georgia, Indiana, Nevada, North Carolina, Ohio, South Carolina, Tennessee, Texas, Utah, and Washington. In many of our projects, in addition to building homes, we are responsible for the entitlement and development of the underlying land. We build and sell homes under our Century Communities and Wade Jurney Homes brands. Our Century Communities brand targets a wide range of buyer profiles including: first time, first and second time move up, and lifestyle homebuyers, and provides our homebuyers with the ability to personalize their homes through certain option and upgrade selections. Our Wade Jurney Homes brand solely targets first time homebuyers, sells homes through retail studios or over the internet, and provides no option or upgrade selections. Our homebuilding operations are organized into the following five reportable segments: West, Mountain, Texas, Southeast, and Wade Jurney Homes. Additionally, our indirect wholly-owned subsidiaries, Inspire Home Loans, Inc., Parkway Title, LLC, and IHL Home Insurance Agency, LLC, which provide mortgage, title and insurance services, respectively, to our home buyers have been identified as our Financial Services segment.

We have grown rapidly through the acquisitions of other homebuilders and organic entrance into new markets, as outlined below:

Copy History  •Acquired LVLH in Las Vegas for $165 million •Raised $200 million through offering of senior unsecured notes. •Successfully completed IPO •Acquired Grand View Builders in Houston for $13 million •Acquired Peachtree Communities in Atlanta for $57 million •Raised $60 million through offering of senior unsecured notes •Expanded unsecured line of credit to $300 million with $100 million accordion feature •Entered the Salt Lake City market •Acquired 50% of Wade Jurney Homes for $15 million •Formed financial services companies to provide title and mortgage services. •Entered the Charlotte, NC market •Expanded unsecured line of credit to $400 million •Raised $525 million through offering of senior unsecured notes •Entered West Coast and strengthened Southeast presence through the acquisition of UCP, Inc. for $362 million, including acquired debt •Expanded in Seattle through the acquisition of Sundquist Homes for $50 million •Expanded unsecured line of credit to $590 million •Acquired remaining 50% interest in Wade Jurney Homes for $37.5 million


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Annual)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Meritage Homes (MTH) 2,023 5.4 6% 3,467 1,669 0 0 206 298 1,615
LGI Homes (LGIH) 1,815 24% 8.3 10% 1,486 761 1,555 379 145 215 1,777
Installed Building Products (IBP) 1,657 28% 14.9 7% 916 710 1,416 393 60 136 2,018
Tri Pointe Group (TPH) 1,610 8% 5.1 5% 3,878 1,791 3,101 235 191 283 1,438
Skyline Champion (SKY) 1,486 19% -683.3 -6% 722 290 1,410 266 -40 -2 1,392
Cavco Industries (CVCO) 1,440 22% 12.5 9% 756 206 980 215 70 98 1,227
Winnebago Industries (WGO) 1,177 15% 7.6 10% 1,083 480 1,991 308 110 189 1,439
St Joe (JOE) 982 0% 20.3 2% 906 364 92 0 18 43 865
MI Homes (MHO) 795 5% 4.7 5% 2,089 1,185 2,395 130 110 166 775
Century Communities (CCS) 772 0% 6.5 3% 2,410 1,513 2,367 0 76 113 737
William Lyon Homes (WLH) 759 6% 9.4 4% 2,946 1,920 2,116 123 105 226 2,135
Xinyuan Real Estate (XIN) 492 0% 8,034 7,288 0 0 0 0 -694
Beazer Homes (BZH) 437 13% -28.0 -1% 2,120 1,586 1,306 176 -21 -13 353
Green Brick Partners (GRBK) 418 21% 4.8 7% 833 322 687 143 57 79 380
Legacy Housing (LEGH) 304 41% 14.0 6% 252 43 84 34 16 21 302
Select Interior Concepts (SIC) 267 28% 8.9 0% 429 277 556 154 0 47 421
Stratus Properties (STRS) 221 18% 89.7 -0% 543 402 90 16 -0 2 188
Hovnanian Enterprises (HOV) 91 0% -2.9 0% 1,795 2,288 1,918 0 6 12 -33
New Home (NWHM) 73 10% -33.1 -2% 673 434 670 66 -14 -12 399
Comstock (CHCI) 17 2% -8.9 -8% 28 21 50 1 -2 -2 22

Balance Sheet ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash230254
Accounts Receivable11631313
Inventory
PP&E15812833
Assets08909361,7352,254
Accounts Payable
Long-Term Debt63984618361,101
Liabilities226112711,0001,395
Stockholders' Equity365735859
Income Statement ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Revenue3627349941,4242,147
Cost of Revenue
Gross Profit
R&D
SG&A127026176264
Tax1819233432
Net Income2051505096
Cash Flow ($MM)2014-12-312015-12-312016-12-312017-12-312018-12-31
Cash Operating-8-159-16-115-196
Cash Investing-359-4-58-134-44
Cash Financing28315967308182