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what it is
Century Communities builds new homes and sells title, insurance, and loans around them.
how it gets paid
Last year Century Communities made $4.1B in revenue. Century Communities homes was the main engine at $3.2B, or 78% of sales.
why growth slowed
Revenue fell 6.4% last year. Revenue rose to $2.9B, which tells you demand was far stronger than the year-ago quarter.
what just happened
Revenue hit $2.9B, and EPS was $3.65.
At a glance
B balance sheet — gets the job done, barely
50/100 earnings predictability — expect surprises
14.4x trailing p/e — the market's not buying it — or you found a deal
2.2% dividend yield — cash in your pocket every quarter
5.2% return on capital — nothing to write home about
xvary composite: 46/100 — below average
What they do
Century Communities builds new homes and sells title, insurance, and loans around them.
Century sells in 16 states and 45+ markets. That spreads your bet across more than one housing mood. As of December 31, 2025, backlog was 789 homes worth $283.7M. That's $283.7M of work already spoken for.
How they make money
$4.1B
annual revenue · their business grew -6.4% last year
Century Communities homes
$3.2B
Century Complete homes
$0.6B
Title services
$0.1B
Insurance services
$0.1B
Lending services
$0.1B
The products that matter
move-up homebuilding
Century Communities
$400k–$600k average home price
this brand targets move-up buyers with homes averaging $400k–$600k, which makes demand sensitive to monthly mortgage payments, not just sticker price.
core brand
entry-level homebuilding
Century Complete
16-state footprint
the affordable offering matters because entry-level demand is often deeper, but in a high-rate market affordability cuts both ways.
volume driver
mortgage and title services
Financial Services
adds 1–2% to margins
this piece can add 1–2% to overall profit margins by capturing financing revenue on homes CCS already sells. It helps, but it does not change the thesis.
margin support
Key numbers
$4.1B
annual revenue
That is the size of the whole machine.
4.5%
operating margin
For every $100 of sales, CCS kept $4.50 before taxes and interest.
$1.0B
long-term debt
That is the bill lenders get first, before shareholders.
14.4x
trailing p/e
You are paying $14.40 for $1 of trailing earnings.
Financial health
B
strength
- balance sheet grade B — adequate — nothing special
- risk rank 4 — safer than 20% of stocks
- price stability 40 / 100
- long-term debt $1.0B (37% of capital)
B — functional but not a standout on the balance sheet.
Total return vs. market
Return history isn't available for CCS right now.
source: institutional data · return history unavailable
What just happened
beat estimates
Revenue hit $2.9B, and EPS was $3.65.
Revenue rose 194% vs. prior year, and EPS rose 192%. The market snapshot shows gross margin at 17.38%.
$1.05B
revenue
$3.65
eps
17.38%
gross margin
revenue rebound
Revenue rose to $2.9B, which tells you demand was far stronger than the year-ago quarter.
source: company earnings report, 2026
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What could go wrong
the top risk is mortgage-rate pressure hitting Century Communities' entry-level and move-up demand at the same time.
med
mortgage rates keep buyers on the sidelines
CCS sells homes into a market where monthly payment drives the decision. If affordability stays strained, the pressure lands on nearly all of a $4.12B revenue base.
a weaker order pace would make it hard to defend a 7% EBIT margin.
med
land, labor, and incentives bite at the same time
homebuilders do not have software margins. If land costs stay firm, labor stays tight, and incentives rise to clear inventory, profit compression shows up fast.
even a modest squeeze matters when full-year net income was $147.6M.
med
the balance sheet is fine until the cycle stops being fine
a B balance sheet and $1.0B of long-term debt equal to 37% of capital leave less room for a prolonged downturn than a top-tier builder would have.
if revenue stays weak while debt stays fixed, the discount to book can stick around longer than value investors want.
almost all of this $4.12B business is tied to U.S. housing demand, and a margin squeeze on a 7% EBIT base does not need to be dramatic to hit earnings.
source: institutional data · regulatory filings · risk analysis
Pay attention to
margin
7% ebit margin
this is the number holding the value case together. If operating margin slips, a 14.4x trailing multiple stops looking cheap.
earnings
Q1 2026 earnings report
estimated for april 22, 2026. You want to hear whether orders, incentives, and margin tone are improving or still grinding lower.
trend
revenue after a 7.6% decline
one year of contraction is survivable. Two starts to look like more than a normal cyclical wobble.
debt
$1.0B of long-term debt
37% of capital is manageable in a normal market. In a weaker one, it becomes the line between patience and pressure.
Analyst rankings
earnings predictability
50 / 100
in human-speak, analysts do not expect a smooth earnings stream here. Housing names can look cheap right before estimates move down.
risk rank
4
this sits on the riskier end of the scale. Translation: you are being paid for cyclicality, not for safety.
source: institutional data
Institutional activity
institutional ownership data for CCS is being compiled.
source: institutional data
Price targets
3-5 year target range
n/a
n/a
$70
current price
n/a
target midpoint · n/a from current
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