Century Communities, Inc.

Overview

• Century Communities is a Delaware corporation that designs, develops, builds, markets, and sells single-family homes (attached and detached) across 16 U.S. states.
• The company operates multiple brands and segments:
  • Century Communities: affordable homebuilding serving entry-level, move-up, and lifestyle buyers; offers some customization and energy-efficient options.
  • Century Complete: entry-level, asset-light model with limited to no customization; emphasis on online and direct-to-consumer sales and centralized studios.
  • Century Living: multi-family rental development, construction, management, and leasing (currently operating in Colorado).
• Financial Services provides mortgage financing, title, insurance brokerage, and escrow services through subsidiaries Inspire Home Loans, Parkway Title, IHL Insurance, and IHL Escrow.
• Corporate functions support homebuilding, Financial Services, and Century Living.

Business structure and markets

• Reportable homebuilding segments:
  • West: California and Washington
  • Mountain: Arizona, Colorado, Nevada, Utah
  • Texas
  • Southeast: Florida, Georgia, North Carolina, South Carolina, Tennessee
  • Century Complete: Alabama, Arizona, Florida, Georgia, Indiana, Kentucky, Michigan, North Carolina, South Carolina
• Century Living is a separate reportable segment focused in Colorado.
• Geographic footprint includes 16 states and more than 45 markets.

Brand and product strategy

• Century Communities brand focuses on affordable housing across multiple price points, offering design variation and certain customization options such as outdoor living spaces and first-floor primary suites, as well as energy-efficiency features and potential solar offerings.
• Century Complete targets entry-level buyers with price leadership and an asset-light model; sales channels include centralized studios, a Century Complete website, and independent brokers.
• Century Living develops, constructs, manages, and leases or sells multi-family rental properties in Colorado.
• Construction model: Century acts as general contractor, performs most work through subcontractors, and maintains a national architecture plan library for efficiency with some local customization.

Operations and scale

• Employees (as of December 31, 2025): 1,660 total
  • Financial Services: 227
  • Homebuilding corporate and operations: 1,433
  • Construction: 373
  • Sales: 484
• Land and lot inventory (as of December 31, 2025):
  • Owned and under control lots: 60,916
  • 57.1% owned; 42.9% controlled through option contracts
  • Lot position decreased from 80,632 at year-end 2024
• Land development and pipeline actions:
  • The company reduced its lot pipeline in 2025 by terminating contracts that did not meet investment criteria, recording an $11.2 million charge classified as other expense.
• Home deliveries (2025):
  • Total residential units delivered: 10,792
    • New homes: 10,387
    • Previously leased rental homes: 105
    • Multi-family units (Century Living): 300
• Market context (2025): Demand was affected by inflation, higher interest rates, and consumer confidence; the company emphasized move-in-ready, affordable homes to respond to market conditions.

Financial instruments and liquidity

• Total outstanding indebtedness: approximately $1.4 billion (as of December 31, 2025)
• Revolving credit facility: $1.0 billion, with $51.5 million outstanding at year-end 2025
• Interest expense (2025): $81.3 million
• Dividends:
  • 2025 quarterly dividend: $0.29 per share (aggregate $1.16 per share for the year)
  • 2024 quarterly dividend: $0.26 per share (aggregate $1.04 per share)
• Stock repurchase program:
  • Authorization to repurchase up to 4.5 million shares
  • Q4 2025 repurchases: 333,881 shares at an average price of $59.90 per share
  • Remaining authorization: 2,434,585 shares
  • The program has no expiration date and may be terminated by the Board

Customers and sales channels

• Sales channels include online and direct-to-consumer channels for Century Complete, centralized studios, independent brokers, and in-person sales through Century Communities' sales teams.

Regulation, risk, and corporate responsibility

• The company operates under federal, state, and local regulations across homebuilding, financing, title, insurance, and mortgage lending.
• Cybersecurity and data privacy program aligned with the NIST framework; maintains a CISO-level advisory relationship and ongoing vendor risk management.
• Century Communities Foundation supports local team initiatives; employees can volunteer and donate through an online system.
• Company recognitions for 2025 include rankings in trust and workplace culture such as Newsweek Most Trustworthy Companies in America and U.S. News & World Report Best Companies to Work For.

Summary

Century Communities, Inc. is a diversified U.S. homebuilder with single-family and multi-family businesses plus an in-house Financial Services unit. In 2025 the company delivered 10,792 residential units, employed 1,660 people, controlled 60,916 lots, and carried approximately $1.4 billion of indebtedness. The business operates across 16 states and more than 45 markets through multiple regional and product-specific segments, while maintaining an active dividend and share repurchase program.