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Century Communities (CCS) investor relations material

Century Communities Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary22 Oct, 2025

Executive summary

  • Delivered 2,486 homes in Q3 2025, at the high end of guidance, with community count up 5% year-over-year to 321 communities.

  • Achieved a record book value per share of $87.74, up 8% year-over-year.

  • Maintained 22 consecutive years of profitability and steady dividend growth.

  • Focused on affordable new homes, with 94% of deliveries priced below FHA limits.

  • National presence in 16 states and over 45 markets, with top 10 market share in 13 of the 50 largest U.S. markets.

Financial highlights

  • Q3 2025 revenues were $980.3 million, with home sales revenue at $955.2 million and average sales price per home delivered at $384,200.

  • Net income for Q3 was $37.4 million ($1.25 per diluted share); adjusted net income was $45.7 million ($1.52 per diluted share); adjusted EBITDA was $82.3 million.

  • Homebuilding gross margin was 17.9%; adjusted homebuilding gross margin was 20.1%.

  • Book value per share increased 173% since 2019.

  • Quarterly dividend increased 12% to $0.29 per share.

Outlook and guidance

  • Full-year 2025 home deliveries expected between 10,000–10,250; home sales revenue between $3.8–$3.9 billion.

  • Q4 home building gross margin expected to decline by up to 100 basis points due to higher incentives.

  • Management expects interest rate relief and improved consumer confidence to unlock buyer demand.

  • Community count projected to grow mid-single digits by year-end, supporting future growth.

  • Continued focus on affordable homes and spec home construction to drive future growth.

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Frequently asked questions

Century Communities Inc is a homebuilding company that designs, builds, and sells single-family homes, townhomes, and condominiums. The company operates in multiple U.S. states and targets a range of buyers including first-time, move-up, and active adult customers. It also provides mortgage, title, and insurance services through affiliated companies. The company is headquartered in Greenwood Village, Colorado, and its shares are listed on the NYSE.

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