PHM’s 17% One Month Pop Begs The Question: Is GRBK Better Instead?
Green Brick Partners (GRBK) offers superior revenue growth across key periods, better profitability, and relatively lower valuation vs PulteGroup (PHM), suggesting you may be better off investing in GRBK
- GRBK’s quarterly revenue growth was 11.2%, vs. PHM’s -4.3%.
- In addition, its Last 12 Months revenue growth came in at 21.2%, ahead of PHM’s 5.0%.
- GRBK leads on profitability over both periods – LTM margin of 22.3% and 3-year average of 21.2%.
PHM acquires and develops residential land, constructs housing, controls over 228,000 lots, and provides mortgage financing primarily for homebuyers. GRBK operates as a U.S. homebuilding and land development company, controlling about 28,600 home sites in Dallas-Fort Worth, Atlanta, and Treasure Coast, Florida, selling through representatives and realtors.
Valuation & Performance Overview
| PHM | GRBK | Preferred | |
|---|---|---|---|
| Valuation | |||
| P/EBIT Ratio | 7.5 | 6.4 | GRBK |
| Revenue Growth | |||
| Last Quarter | -4.3% | 11.2% | GRBK |
| Last 12 Months | 5.0% | 21.2% | GRBK |
| Last 3 Year Average | 6.6% | 11.7% | GRBK |
| Operating Margins | |||
| Last 12 Months | 19.9% | 22.3% | GRBK |
| Last 3 Year Average | 21.0% | 21.2% | GRBK |
| Momentum | |||
| Last 3 Year Return | 257.2% | 212.8% | PHM |
Note: For “Last 3 Year Return” metric, preferred stock is one with higher returns unless the returns are too high (>300%) which creates risk of sell off.
See more revenue details: PHM Revenue Comparison | GRBK Revenue Comparison
See more margin details: PHM Operating Income Comparison | GRBK Operating Income Comparison
But do these numbers tell the full story? Read Buy or Sell GRBK Stock to see if Green Brick Partners’s edge holds up under the hood or if PulteGroup still has cards to play (see Buy or Sell PHM Stock).
That is one way to look at stocks. Trefis High Quality Portfolio evaluates much more, and is designed to reduce stock-specific risk while giving upside exposure
Historical Market Performance
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Total [1] | Avg | Best | |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| PHM Return | 13% | 34% | -19% | 129% | 6% | 27% | 261% | ||
| GRBK Return | 100% | 32% | -20% | 114% | 9% | 28% | 508% | <=== | |
| S&P 500 Return | 16% | 27% | -19% | 24% | 23% | 11% | 100% | ||
| Monthly Win Rates [3] | |||||||||
| PHM Win Rate | 67% | 67% | 42% | 58% | 58% | 43% | 56% | ||
| GRBK Win Rate | 83% | 42% | 42% | 58% | 75% | 43% | 57% | ||
| S&P 500 Win Rate | 58% | 75% | 42% | 67% | 75% | 57% | 62% | <=== | |
| Max Drawdowns [4] | |||||||||
| PHM Max Drawdown | -54% | -5% | -36% | 0% | -3% | -15% | -19% | ||
| GRBK Max Drawdown | -49% | -16% | -42% | 0% | -6% | -5% | -20% | ||
| S&P 500 Max Drawdown | -31% | -1% | -25% | -1% | -2% | -15% | -12% | <=== | |
[1] Cumulative total returns since the beginning of 2020
[2] 2025 data is for the year up to 9/5/2025 (YTD)
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
No matter how good the numbers, stock investment is never a smooth ride. There is a risk you must factor in. Read GRBK Dip Buyer Analyses and PHM Dip Buyer Analyses to see how these stocks have fallen and recovered in the past.