Beazer Homes USA, Inc. (BZH) Key Metrics
BZH valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $892.4M
- Enterprise value
- $2.20B
- P/E (TTM)
- — 10-yr median 7.6
- Forward P/E
- 17.5
- PEG ratio
- 1.46
- Price / sales
- 0.4 10-yr median 0.2
- Price / book
- 0.8 10-yr median 0.7
- EV / EBITDA
- 76.6 10-yr median 12.7
- Dividend yield
- —
- Beta
- 2.19
BZH key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsBZH valuation Price multiples at each fiscal year-end price.
BZH returns How much profit the business earns on the capital it uses.
BZH per-share figures Results divided by the shares outstanding at year-end.
BZH financial health Debt, liquidity and how easily interest is covered.
BZH efficiency & capital use Working capital cycle and where the cash goes.
BZH valuation history
BZH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
BZH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
BZH cash returned to shareholders
BZH price vs earnings per share
BZH key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $736.8M | $1.06B | $765.9M | $297.8M | $525.0M | $395.3M | $456.2M | $337.5M | $607.7M | $370.8M |
| Enterprise value | $1.58B | $1.90B | $1.42B | $1.08B | $1.38B | $1.20B | $1.53B | $1.43B | $1.72B | $1.48B |
| P/E ratio | 16.2 | 7.5 | 4.8 | 1.3 | 4.3 | 7.6 | — | — | 19.1 | 79.0 |
| Price / sales | 0.3 | 0.5 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.3 | 0.2 |
| Price / book | 0.6 | 0.9 | 0.7 | 0.3 | 0.7 | 0.7 | 0.8 | 0.5 | 0.9 | 0.6 |
| Price / free cash flow | 211.7 | — | 4.9 | 4.5 | 30.9 | 1.4 | 4.9 | 25.4 | 7.3 | 2.5 |
| Price / operating cash flow | 23.0 | — | 4.3 | 3.7 | 16.6 | 1.4 | 4.0 | 11.1 | 6.3 | 2.3 |
| EV / sales | 0.7 | 0.8 | 0.6 | 0.5 | 0.6 | 0.6 | 0.7 | 0.7 | 0.9 | 0.8 |
| EV / EBITDA | 26.3 | 10.9 | 5.4 | 3.8 | 5.6 | 12.7 | — | 15.0 | 22.6 | 20.2 |
| EV / free cash flow | 453.7 | — | 9.0 | 16.3 | 81.4 | 4.3 | 16.6 | 107.8 | 20.7 | 9.8 |
| Earnings yield | 6.2% | 13.3% | 20.7% | 74.1% | 23.2% | 13.2% | −17.4% | −13.4% | 5.2% | 1.3% |
| Free cash flow yield | 0.5% | −15.1% | 20.6% | 22.2% | 3.2% | 70.4% | 20.2% | 3.9% | 13.7% | 40.7% |
| Dividend yield | — | — | — | — | — | — | 0.1% | 0.0% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 4.5% | 1.2% | 0.3% | 2.7% | 0.6% | 0.8% | 7.7% | 1.0% | 0.1% | 0.0% |
| Share price at fiscal year-end | $24.55 | $34.17 | $24.91 | $9.67 | $17.25 | $13.20 | $14.90 | $10.50 | $18.74 | $11.66 |
| Per share | ||||||||||
| Revenue per share | $79.02 | $75.28 | $71.77 | $75.24 | $70.32 | $71.03 | $68.19 | $65.56 | $59.10 | $57.29 |
| Earnings per share | $1.52 | $4.53 | $5.16 | $7.17 | $4.01 | $1.74 | −$2.59 | −$1.41 | $0.98 | $0.15 |
| Operating cash flow per share | $1.07 | −$4.44 | $5.79 | $2.63 | $1.04 | $9.65 | $3.71 | $0.94 | $2.96 | $5.13 |
| Free cash flow per share | $0.12 | −$5.17 | $5.13 | $2.14 | $0.56 | $9.30 | $3.01 | $0.41 | $2.57 | $4.74 |
| Cash per share | $7.15 | $6.59 | $11.24 | $6.97 | $8.11 | $11.44 | $3.49 | $4.35 | $9.01 | $7.20 |
| Book value per share | $41.61 | $39.81 | $35.87 | $30.50 | $23.82 | $19.81 | $17.60 | $20.04 | $21.05 | $20.21 |
| Tangible book value per share | $41.24 | $39.44 | $35.50 | $30.13 | $23.44 | $19.43 | $17.23 | $19.43 | $21.05 | $20.21 |
| Dividends per share | — | — | — | — | — | — | $0.01 | $0.00 | $0.00 | $0.00 |
| Capex per share | $0.95 | $0.72 | $0.66 | $0.49 | $0.48 | $0.36 | $0.70 | $0.53 | $0.38 | $0.38 |
| Debt per share | $35.22 | $33.76 | $32.43 | $32.30 | $36.32 | $38.27 | $38.49 | $38.33 | $43.45 | $41.93 |
| Shares outstanding | 30.0M | 31.0M | 30.7M | 30.8M | 30.4M | 29.9M | 30.6M | 32.1M | 32.4M | 31.8M |
| Change in shares outstanding | −3.0% | +0.7% | −0.2% | +1.2% | +1.6% | −2.2% | −4.7% | −0.9% | +2.0% | +0.1% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 3.7% | 12.0% | 15.5% | 26.5% | 18.5% | 9.2% | −13.4% | −6.8% | 4.8% | 0.7% |
| Return on invested capital (ROIC) | 1.8% | 6.6% | 8.9% | 13.3% | 8.4% | 3.9% | −4.2% | 2.3% | 3.2% | 1.6% |
| Return on assets (ROA) | 1.8% | 5.6% | 6.8% | 10.2% | 6.0% | 2.6% | −3.9% | −2.1% | 1.4% | 0.2% |
| Return on tangible assets | 1.8% | 5.4% | 6.6% | 9.9% | 5.9% | 2.6% | −4.1% | −2.2% | 1.4% | 0.2% |
| Free cash flow margin | 0.1% | −6.9% | 7.1% | 2.8% | 0.8% | 13.1% | 4.4% | 0.6% | 4.4% | 8.3% |
| Income quality (OCF / net income) | 0.70 | −0.98 | 1.12 | 0.37 | 0.26 | 5.54 | — | — | 3.01 | 34.74 |
| Financial health | ||||||||||
| Total debt | $1.06B | $1.05B | $997.0M | $994.6M | $1.11B | $1.15B | $1.18B | $1.23B | $1.41B | $1.33B |
| Cash & short-term investments | $214.7M | $203.9M | $345.6M | $214.6M | $246.7M | $342.5M | $106.7M | $139.8M | $292.1M | $228.9M |
| Net debt | $842.2M | $841.2M | $651.4M | $780.1M | $858.8M | $803.6M | $1.07B | $1.09B | $1.12B | $1.10B |
| Debt / equity | 0.85 | 0.85 | 0.90 | 1.06 | 1.53 | 1.93 | 2.19 | 1.91 | 2.06 | 2.07 |
| Debt / assets | 0.40 | 0.40 | 0.41 | 0.44 | 0.53 | 0.57 | 0.60 | 0.58 | 0.63 | 0.60 |
| Net debt / EBITDA | 14.03 | 4.84 | 2.47 | 2.71 | 3.47 | 8.48 | — | 11.45 | 14.67 | 15.11 |
| Current ratio | 11.38 | 10.17 | 9.61 | 9.66 | 13.58 | 6.31 | 12.64 | 14.79 | 18.20 | 8.91 |
| Quick ratio | 1.45 | 1.33 | 1.90 | 1.41 | 2.32 | 1.36 | 1.18 | 1.41 | 3.30 | 1.42 |
| Interest coverage | — | — | 2.6 | 183.6 | 1.6 | 0.8 | -0.9 | — | — | — |
| Working capital | $2.12B | $2.12B | $1.96B | $1.82B | $1.68B | $1.45B | $1.53B | $1.74B | $1.78B | $1.66B |
| Invested capital | $2.09B | $2.07B | $1.75B | $1.72B | $1.58B | $1.40B | $1.61B | $1.74B | $1.80B | $1.75B |
| Tangible asset value | $1.24B | $1.22B | $1.09B | $927.9M | $713.5M | $581.8M | $527.4M | $624.5M | $682.4M | $642.9M |
| Net current asset value | $965.3M | $989.3M | $879.9M | $722.5M | $457.4M | $308.0M | $239.5M | $386.1M | $345.3M | $295.8M |
| Graham number | $37.71 | $63.69 | $64.52 | $70.13 | $46.35 | $27.88 | — | — | $21.55 | $8.19 |
| Graham net-net per share | −$2.42 | −$2.78 | −$1.64 | −$6.33 | −$10.83 | −$12.51 | −$17.52 | −$14.92 | −$13.81 | −$16.25 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | — | $314,000 | $0 | $0 | $0 |
| Share buybacks (net) | $33.1M | $12.9M | $2.6M | $8.2M | $3.0M | $3.3M | $34.6M | $3.4M | $415,000 | $0 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | 0.0% |
| Dividends + buybacks / free cash flow | 950.5% | — | 1.7% | 12.3% | 17.9% | 1.2% | 37.9% | 25.5% | 0.5% | 0.0% |
| Capex / revenue | 1.2% | 1.0% | 0.9% | 0.6% | 0.7% | 0.5% | 1.0% | 0.8% | 0.6% | 0.7% |
| Capex / operating cash flow | 89.1% | — | 11.4% | 18.6% | 46.3% | 3.7% | 18.8% | 56.2% | 13.0% | 7.5% |
| Capex / depreciation | 1.49 | 1.50 | 1.67 | 1.13 | 1.05 | 0.68 | 1.45 | 1.23 | 0.89 | 0.89 |
| Stock-based compensation / revenue | 0.3% | 0.3% | 0.3% | 0.4% | 0.6% | 0.5% | 0.5% | 0.5% | 0.4% | 0.4% |
| SG&A / revenue | 8.6% | 8.0% | 12.2% | 10.9% | 11.4% | 11.9% | 11.6% | 11.8% | 12.4% | 12.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 11.0 | 8.7 | 7.5 | 6.4 | 5.5 | 5.2 | 4.9 | 5.3 | 8.6 | 10.6 |
| Days of inventory on hand | 365.2 | 363.6 | 361.5 | 332.2 | 299.8 | 292.8 | 303.6 | 335.1 | 354.2 | 391.0 |
| Days payables outstanding | 27.6 | 30.5 | 30.8 | 28.4 | 27.9 | 27.0 | 24.5 | 23.8 | 23.6 | 26.1 |
| Cash conversion cycle (days) | 348.6 | 341.8 | 338.2 | 310.2 | 277.4 | 271.0 | 284.0 | 316.5 | 339.1 | 375.6 |
| Receivables turnover | 33.04 | 41.98 | 48.45 | 57.13 | 66.18 | 70.43 | 74.59 | 69.02 | 42.62 | 34.28 |
| Payables turnover | 13.21 | 11.96 | 11.84 | 12.85 | 13.07 | 13.51 | 14.92 | 15.33 | 15.44 | 14.01 |
| Inventory turnover | 1.00 | 1.00 | 1.01 | 1.10 | 1.22 | 1.25 | 1.20 | 1.09 | 1.03 | 0.93 |
| Asset turnover | 0.91 | 0.93 | 0.95 | 1.07 | 1.05 | 1.07 | 1.02 | 0.97 | 0.86 | 0.79 |
| Average receivables | $71.8M | $55.5M | $45.5M | $40.6M | $32.3M | $30.2M | $28.0M | $30.5M | $45.0M | $53.2M |
| Average payables | $153.9M | $159.3M | $148.9M | $138.5M | $132.8M | $131.7M | $128.8M | $115.0M | $103.8M | $108.9M |
| Average inventory | $2.04B | $1.90B | $1.75B | $1.62B | $1.43B | $1.43B | $1.60B | $1.62B | $1.56B | $1.63B |
| Intangibles / total assets | 0.4% | 0.4% | 0.5% | 0.5% | 0.5% | 0.6% | 0.6% | 0.9% | 0.0% | 0.0% |
Computed from BZH's annual financial statements (latest annual report filed November 13, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
BZH valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), Beazer Homes USA traded at 16.2 times earnings, against a 10-year median of 7.6. Beazer Homes USA earned a return on equity of 3.7% and a return on invested capital of 1.8% in fiscal 2025. It ended the year with $1.1 billion of debt and $214.7 million in cash and short-term investments, net debt of $842.2 million. It returned $33.1 million to shareholders: $0 in dividends and $33.1 million in share buybacks, 950% of free cash flow. The share count fell 5.6% from 31.8M to 30.0M over 9 years.
See the BZH income statement, the BZH chart for price history, or the BZH stock overview for the latest quote and news.
BZH key metrics FAQ
What is Beazer Homes USA's P/E ratio?
Beazer Homes USA traded at 16.2 times earnings at the end of fiscal 2025.
What is Beazer Homes USA's EV/EBITDA?
Beazer Homes USA's enterprise value was 26.3 times EBITDA at the end of fiscal 2025 (enterprise value $1.6 billion, EBITDA $60.0 million); the current EV/EBITDA is 76.6.
What is Beazer Homes USA's return on equity?
Beazer Homes USA's return on equity (ROE) was 3.7% in fiscal 2025: net income of $45.6 million on average shareholders' equity of $1.2 billion.
What is Beazer Homes USA's ROIC?
Beazer Homes USA's return on invested capital was 1.8% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Beazer Homes USA have?
Beazer Homes USA had total debt of $1.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.85 and $842.2 million of net debt (14.03 times EBITDA).
Does Beazer Homes USA buy back its shares?
Yes. Beazer Homes USA spent $33.1 million on net share repurchases in fiscal 2025 Shares outstanding changed −3.0% over the year, to 30.0M..
What is Beazer Homes USA's free cash flow yield?
Beazer Homes USA generated $3.5 million of free cash flow in fiscal 2025, a free cash flow yield of 0.5% on its market value at year-end ($736.8 million).
What is Beazer Homes USA's current ratio?
Beazer Homes USA's current ratio was 11.38 at the end of fiscal 2025: current assets were 11.38 times current liabilities.