Century Communities, Inc. (NYSE: CCS), one of the largest homebuilders in the United States, recently unveiled its financial results for the fourth quarter and full year ending December 31, 2025. The press release highlights the company’s resilience and operational efficiency amid a challenging economic landscape.

1. Fourth Quarter 2025 Highlights

Century Communities reported a net income of $36.0 million, translating to $1.21 per diluted share during the fourth quarter. When adjusted, net income rose to $47.1 million, or $1.59 per diluted share. The company achieved total revenues of $1.2 billion, primarily driven by substantial home sales revenues of $1.1 billion.

Key Metrics:

Residential Units Delivered: 3,435 (3,030 new homes)

Net New Home Contracts: 2,702

Homebuilding Gross Margin: 15.4% (adjusted gross margin at 18.3%)

Share Repurchases: 333,881 shares for $20.0 million

Dale Francescon, Executive Chairman, expressed optimism regarding the company’s performance, stating, "We performed well in a challenging environment... with our net orders and new home deliveries exceeding our expectations." This sentiment underscores a growing pent-up demand for affordable housing, even amidst economic uncertainties.

2. Full Year 2025 Performance

For the entire year, Century Communities reported a net income of $147.6 million, or $4.86 per diluted share, with an adjusted net income of $181.7 million, or $5.99 per diluted share. The company achieved total revenues of $4.1 billion, with home sales accounting for $3.9 billion.

Annual Highlights:

Residential Units Delivered: 10,792 (10,387 new homes)

Net New Home Contracts: 10,326

Homebuilding Gross Margin: 17.6% (adjusted gross margin at 19.9%)

Share Repurchases: 2,267,723 shares for $143.6 million, over 7% of shares outstanding at the start of the year

Rob Francescon, Chief Executive Officer and President, noted, "We achieved our 23rd consecutive year of profitability... while continuing to position Century for future growth." The company also boosted its book value per share to a record $89.21.

3. Financial Position and Liquidity

As of December 31, 2025, Century Communities maintained a solid balance sheet, boasting $2.6 billion in stockholders' equity and $1.1 billion in total liquidity. This included $158.0 million in cash, which positions the company well for future investments and growth opportunities.

Capital Management:

Homebuilding Debt to Capital: 29.1%

Net Homebuilding Debt to Net Capital: 25.9%

The company upheld its disciplined capital allocation strategy, maintaining a quarterly cash dividend of $0.29 per share and returning a total of $178 million to stockholders via share repurchases and dividends.

4. Looking Ahead: Full Year 2026 Outlook

Chief Financial Officer Scott Dixon provided a forward-looking statement, indicating an expected range for new home deliveries in 2026 between 10,000 to 11,000 homes and home sales revenues projected between $3.6 billion to $4.1 billion. This guidance reflects an anticipated increase in average open communities and stable per community absorption rates.

5. Conclusion

Century Communities' fourth quarter and full year results for 2025 indicate a robust operational performance, underpinned by a strategic focus on affordable housing amid economic challenges. With strong financial metrics, a solid liquidity position, and a positive outlook for 2026, Century Communities is well-positioned to continue its growth trajectory in the homebuilding industry.

The company will host a conference call on January 28, 2026, to discuss these results in further detail and engage with stakeholders, emphasizing its commitment to transparency and shareholder engagement.

Original press release