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CENTURY COMMUNITIES Century Communities Reports Record Third Quarter 2021 Results - Return on Equity of 31 % , a Company Record - - Gross Margin of 25.7 % , an 820 Basis Point Increase - Record Third Quarter EBITDA increased 87 % to $ 162.9 Million - Record Third Quarter Revenues Increased 21 % to $ 958.0 Million - Record Third Quarter Net Income Increased 129 % to $ 114.0 Million or $ 3.31 Per Diluted Share - Greenwood Village , Colorado ( October 27 , 2021 ) - Century Communities , Inc. ( NYSE : CCS ) , a leading national homebuilder , today announced financial results for its third quarter ended September 30 , 2021 . Third Quarter 2021 Highlights Compared to Third Quarter 2020 • • • • • Net income increased 129 % to $ 114.0 million or $ 3.31 per diluted share , and net income , excluding the loss on debt extinguishment , increased 152 % to $ 125.3 million or $ 3.63 per diluted share , a Company record Home sales revenues increased to $ 917.3 million , a third quarter record and 21 % year - on - year increase Deliveries increased to 2,322 homes , a third quarter record Homes in backlog improved to 4,866 homes with a value of $ 1.9 billion , both Company records Homebuilding gross margin increased to 25.7 % from 17.5 % , an 820 basis point increase SG & A as a percent of home sales revenues was 9.8 % , a 150 basis point improvement from 11.3 % Pre - tax income increased 125 % to $ 145.8 million , and pre - tax net income , excluding the loss on debt extinguishment , improved 147 % to $ 160.2 million , a Company record Pre - tax income margin , excluding the loss on debt extinguishment , improved 850 basis points to 16.7 % compared to 8.2 % EBITDA increased 87 % to $ 162.9 million , a third quarter record Annualized return on average common shareholders ' equity ( ROE ) was 31 % Stockholders ' equity increased 35 % to $ 1.6 billion compared to September 30 , 2020 Net homebuilding debt to net capital improved to 23.1 % from 32.9 % Total liquidity of $ 1.3 billion Dale Francescon , Chairman and Co - Chief Executive Officer , stated , " During the third quarter , we achieved several milestones culminating in revenues of $ 958 million , a third quarter record , a 25.7 % homebuilding gross margin , an 820 basis - point improvement over the prior year , and the seventh sequential quarter of pre - tax margin improvement . Our impressive results and record earnings are the result of strong demand for affordable , new homes across our national footprint encompassing over 40 - markets . Our significant scale and geographic diversity enabled us to manage and mitigate increased operational costs and realize the third quarter in a row of a single- digit SG & A ratio . We delivered 2,322 homes in the third quarter , propelled by double - digit year - over - year increases in our West region and Century Complete line , demonstrating the effective navigation by our talented team of the industry - wide supply chain challenges and highlighting the strength of the underlying operating fundamentals of our Company . " Rob Francescon , Co - Chief Executive Officer and President , said , " Century's robust , record backlog of 4,866 homes valued at $ 1.9 billion has us more strongly positioned than ever before to capitalize on the continued growth opportunities ahead of us . In the third quarter , nearly 10,000 net new lots were secured , with Century's total lot supply increasing to a Company - record 75,537 lots , and our percentage of controlled lots increasing to 67 % from 56 % in the same quarter of last year . Our land - light strategy allows us to achieve this record lot pipeline to fuel