BZH  Beazer Homes Usa Inc.

Exchange

NYSE

Sector

Capital Goods

Industry

Homebuilding

Market Cap.

488.2M

Loss Making Entity over the past 10 years

BZH has been unable to maintain profitability. It's Costs of Sales have outstripped Revenue consistently. This is a huge red flag, unless the company has been investing heavily for the future. However, even that is dubious since accurately predicting the future of a company like that is extremely difficult.

$7.90 of every $100 of Revenue have been a loss, on average over the past 10 years.
Figures in USD. Fiscal year ends in September
2002200320042005200620072008200920102011
Net Income 122.63M 172.75M 235.81M 262.52M 388.76M -411.07M -951.91M -189.38M -34.05M -204.86M
divided by
Revenue 2.64B 3.18B 3.91B 5.00B 5.46B 3.49B 2.07B 1.01B 1.01B 742.41M
Net Profit Margin 4.64% 5.44% 6.04% 5.26% 7.12% -11.78% -45.89% -18.84% -3.37% -27.59%

Weak Pricing Power over the past 10 years

BZH is likely in a highly competitive industry, due to low barriers to entry. It's because of this, that BZH has been unable to raise prices and increase their profitability. This puts them in a poor position if inflation becomes an issue, as they would struggle to pass higher costs onto consumers.

Only $10.71 of every $100 worth of sales have been Gross Profit, on average over the past 10 years.
Figures in USD. Fiscal year ends in September
2002200320042005200620072008200920102011
Gross Profit 528.76M 643.37M 807.38M 1.17B 1.26B -65.43M -322.84M 20.81M 85.61M 48.10M
divided by
Revenue 2.64B 3.18B 3.91B 5.00B 5.46B 3.49B 2.07B 1.01B 1.01B 742.41M
Gross Margin 20.02% 20.25% 20.66% 23.46% 23.08% -1.87% -15.56% 2.07% 8.48% 6.48%

Low Capital Intensity over the past 10 years

BZH has consistently used a small portion of their Net Income buying new equipment or investing in new facilities. This indicates that BZH may require minimal investment to stay competitive. This leaves them with extra money to spend on growing their business and potentially buying back stock.

4.91% of Profits are being spent on Capital Expenditures, like Property, Plant, & Equipment, required to run the business.
Figures in USD. Fiscal year ends in September
2002200320042005200620072008200920102011
Capital Expenditure 8.21M 9.33M 10.27M 13.45M 11.54M 29.47M 10.57M 7.03M 10.85M 20.51M
divided by
Net Income 122.63M 172.75M 235.81M 262.52M 388.76M -411.07M -951.91M -189.38M -34.05M -204.86M
Capital Expenditure Ratio 6.70% 5.40% 4.36% 5.12% 2.97% -7.17% -1.11% -3.71% -31.86% -10.01%