Century Communities Inc 2024年度报告

xANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024 OR oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ____________to____________ COMMISSION FILE NUMBER 001-36491__________________________ CENTURYCOMMUNITIES,INC. (Exact Name of Registrant as Specified in Its Charter) Delaware68-0521411 (State or Other Jurisdiction ofIncorporation or Organization)(I.R.S. EmployerIdentification No.) 8390 East Crescent Parkway, Suite 650Greenwood Village, Colorado Registrant’s Telephone Number, Including Area Code:(303) 770-8300 Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct. Yes x No o Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of theAct. Yes o No x Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.Yes x No o Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to besubmitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or forsuch shorter period that the registrant was required to submit such files). Yes x No o Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer,a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,”“accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the ExchangeAct. Large accelerated filerxNon-accelerated filero Accelerated fileroSmaller reporting companyoEmerging growth companyo If an emerging growth company, indicate by check mark if the registrant has elected not to use the extendedtransition period for complying with any new or revised financial accounting standards provided pursuant to Section13(a) of the Exchange Act. o Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment ofthe effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. x If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements. ☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recoveryperiod pursuant to §240.10D-1(b). ☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act.) Yes o No x The aggregate market value of the registrant’s common stock held by non-affiliates of the registrant on June 30,2024 was approximately $2.3 billion based on the closing price of $81.66 per share as reported on the New YorkStock Exchange on June 28, 2024. As of January 24, 2025, the registrant had 30,961,227 shares of common stock issued and outstanding. DOCUMENTS INCORPORATED BY REFERENCE: Part III of this Annual Report on Form 10-K incorporates by reference certain portions of the registrant’s definitiveproxy statement for its 2025 Annual Meeting of Stockholders to be filed with the Securities and ExchangeCommission not later than 120 days after the end of the fiscal year covered by this report. Table of Contents CENTURY COMMUNITIES, INC.ANNUAL REPORT ON FORM 10-KFor the Fiscal Year Ended December 31, 2024 Table of Contents Page No. PART ICautionary Note About Forward-Looking Statements1Item 1. Business2Item 1A. Risk Factors11Item 1B. Unresolved Staff Comments44Item 1C. Cybersecurity44Item 2. Properties46Item 3. Legal Proceedings46Item 4. Mine Safety Disclosures47 PART IIItem 5. Market for Registrant's Common Equity, Related Stockholder Matters and IssuerPurchases of Equity Securities47Item 6. [Reserved]48Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations49Item 7A. Quantitative and Qualitative Disclosures About Market Risk71Item 8. Financial Statements and Supplementary Data72 Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure72Item 9A. Controls