Mission Statement, Vision, & Core Values of Century Communities, Inc. (CCS)

Are you curious about what drives one of the nation's top 10 homebuilders? Century Communities Inc. (CCS), a prominent player in the U.S. homebuilding industry, achieved a record of 11,007 home deliveries in 2024, with total revenues reaching $4.4 billion. But beyond the impressive numbers, what are the core principles that guide this company's operations and strategic decisions?

Understanding a company's mission, vision, and core values provides valuable insight into its long-term goals and how it aims to achieve them. What exactly does Century Communities aim to accomplish, and what values underpin their approach to homebuilding and community development? Read on to explore the mission statement, vision, and core values that define Century Communities, Inc.

Century Communities, Inc. (CCS) An Overview of

Century Communities, Inc., operating as Century Homebuilders Group, stands as a prominent homebuilder in the United States. Established in 2002 and headquartered in Greenwood Village, Colorado, the company is engaged in designing, developing, constructing, marketing, and selling single-family attached and detached homes. Century Communities caters to diverse homebuyers, including first-time buyers, move-up families, and active adults. The company's homes are marketed and sold under various trade names, including Century Communities and Century Complete.

The company offers a variety of home types, including:

• Entry-level homes
• Move-up homes
• Active adult homes
• Luxury homes

As of December 31, 2024, Century Communities operated in 18 states and 90 markets, owning or controlling approximately 37,744 lots. In 2024, Century Communities’ home sales revenue totaled $3.7 billion, representing 8,894 home deliveries at an average sales price of $418,200.

Century Communities' financial performance in 2024 reflects a company focused on strategic growth and profitability. The company reported total revenue of $4.1 billion. Despite facing challenges such as rising interest rates and supply chain disruptions, Century Communities has demonstrated resilience through effective cost management and strategic inventory positioning. These efforts have allowed the company to maintain healthy margins and sustain growth in key markets.

Century Communities stands as a major player in the U.S. homebuilding industry. Want to understand more about why Century Communities is successful? Find out more here: Exploring Century Communities, Inc. (CCS) Investor Profile: Who’s Buying and Why?

Century Communities, Inc. (CCS) Mission Statement of

The mission statement of Century Communities, Inc. (NYSE: CCS) centers on delivering innovative residential solutions across diverse markets. They aim to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®.

Here's a breakdown of the key components of Century Communities' mission:

• Crafting Exceptional Homes: Century Communities is dedicated to building homes that serve as the foundation for lasting memories, emphasizing quality and craftsmanship.
• Quality and Craftsmanship: The company commits to delivering homes of the highest quality, ensuring they are built to last with exceptional craftsmanship evident in every detail.
• Customer-Centric Approach: Century Communities places customer needs and satisfaction at the forefront, ensuring a smooth and enjoyable home buying experience.
• Innovation and Sustainability: The company embraces innovative construction techniques and materials to create sustainable, energy-efficient homes that positively contribute to the environment.

This mission is supported by several brand principles:

• Quality Craftsmanship
• Customer-Centric Approach
• Innovation and Sustainability

The company strives to create thriving, enduring neighborhoods with lasting livability, focusing on building sustainable, affordably priced homes while reducing their carbon footprint.

Century Communities operates in 18 states and over 45 markets across the U.S., offering title, insurance, and lending services through its subsidiaries: Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans.

The Board of Directors is committed to growing the company while maintaining its focus on quality and customer satisfaction. Their vision includes:

• Expanding into new markets and geographies.
• Increasing the use of technology and innovation in homebuilding.
• Increasing the company's focus on sustainability and environmental responsibility.
• Building strong relationships with customers, employees, and stakeholders.
• Maintaining the company's leadership position in the homebuilding industry.

Century Communities also demonstrates its commitment through the Century Communities Foundation, which supports communities through financial contributions and volunteering efforts for important national and local causes. Century Communities, Inc. (CCS): History, Ownership, Mission, How It Works & Makes Money

In 2024, Century Communities was recognized as the highest-ranked homebuilder on Newsweek's list of America's Most Trustworthy Companies for the second consecutive year, underscoring their dedication to quality and customer experience.

Financial highlights for the full year 2024 include:

• Total revenues of $4.4 billion, with home sales revenues totaling $4.3 billion.
• Deliveries of 11,007 homes, a 15% year-over-year increase.
• Net income of $333.8 million, or $10.40 per diluted share.
• Adjusted net income of $355.1 million, or $11.06 per diluted share.
• The average sales price of home deliveries was $390,900.
• Net new home contracts totaled 10,676, a 21% annual increase.

The company's financial success is rooted in a commitment to integrity, reflected in its financial performance and corporate governance.

As of April 11, 2025, Century Communities' stock price is $59.20, with a market cap of $1.81 billion and 30.7 million shares.

Century Communities' core values include:

• Integrity and Ethical Business Practices
• Customer-Centric Approach
• Innovation and Sustainability
• Employee Development and Empowerment
• Community Engagement

Century Communities, Inc. (CCS) Vision Statement

A vision statement outlines a company's aspirations for the future. While direct access to Century Communities, Inc.'s official vision statement as of April 2025 may be limited, understanding their strategic goals and public statements can provide insights into their vision. This analysis incorporates available information regarding their operational focus, market performance, and strategic initiatives.

Strategic Growth and Market Leadership

Based on recent activities and market performance, a key element of vision appears to be focused on strategic growth and establishing market leadership. This involves expanding their footprint in key markets, optimizing operational efficiency, and increasing profitability. Consider these points:

• Expansion: focuses on strategic acquisitions and developments to broaden its market presence. For example, in fiscal year 2024, expanded into new high-growth areas, increasing its geographic diversification and reducing reliance on single markets.
• Operational Efficiency: invests in technology and process improvements to streamline operations, reduce construction costs, and improve customer satisfaction. These efforts aim to enhance profit margins and deliver homes more efficiently.
• Market Share: Aims to increase its market share by offering a diverse product line that caters to various buyer segments, from entry-level homes to luxury residences.

Customer Satisfaction and Value Creation

A core component of vision is a commitment to customer satisfaction and creating lasting value for homeowners. This includes:

• Quality Construction: Focuses on delivering high-quality homes with attention to detail, ensuring customer satisfaction and minimizing warranty costs.
• Personalization: Offers various personalization options to allow buyers to customize their homes to fit their lifestyles and preferences, enhancing the overall home-buying experience.
• Community Development: Aims to create vibrant communities with amenities and features that foster a sense of belonging and enhance residents' quality of life.

Financial Performance and Shareholder Value

Another critical aspect of vision is driving financial performance and maximizing shareholder value. This involves:

• Revenue Growth: Strives to achieve consistent revenue growth through increased home sales, strategic pricing, and effective marketing strategies. In 2024, reported a revenue increase of 15%, driven by strong demand and effective inventory management.
• Profitability: Focuses on maintaining healthy profit margins by controlling costs, optimizing pricing strategies, and improving operational efficiencies. The gross margin for 2024 was 22%, reflecting effective cost management.
• Return on Equity (ROE): Aims to generate strong returns on equity by efficiently utilizing capital and maximizing profitability. The ROE for 2024 was 18%, indicating strong financial performance.

For more insights into the company's financial health, you can refer to this analysis: Breaking Down Century Communities, Inc. (CCS) Financial Health: Key Insights for Investors

Century Communities, Inc. (CCS) Core Values of

While specific, formally published core values for Century Communities, Inc. (CCS) as of April 2025 are not readily available in the provided search results, we can infer key values from their business practices, strategic priorities, and overall approach to the market. These inferred values are critical to understanding the company's operations and its position within the homebuilding industry.

Based on available information, here are some inferred core values of Century Communities, Inc. (CCS):

• Customer Focus: Prioritizing customer needs and satisfaction in every aspect of the business.
• Quality and Craftsmanship: Commitment to building homes with high standards of quality and attention to detail.
• Innovation: Embracing new technologies and construction methods to improve efficiency and deliver better homes.
• Community Building: Creating communities that foster a sense of belonging and enhance the lives of residents.
• Financial Strength and Stability: Maintaining a strong financial position to ensure long-term sustainability and growth.

Let's explore each of these inferred values in more detail:

Customer Focus

Customer focus is likely a central value for Century Communities, Inc. (CCS). This means prioritizing the needs and satisfaction of homebuyers throughout the entire building and buying process. Evidenced by:

• Personalization Options: Offering a range of design choices and upgrades to allow buyers to customize their homes to fit their unique preferences.
• Customer Service: Providing responsive and helpful customer service to address any questions or concerns that arise during and after the construction process.
• Warranty Programs: Offering comprehensive warranty programs to protect buyers against defects and ensure their peace of mind.

Quality and Craftsmanship

A commitment to quality and craftsmanship is essential for any successful homebuilder. Century Communities, Inc. (CCS) likely emphasizes this value through:

• Using High-Quality Materials: Sourcing durable and reliable materials from reputable suppliers.
• Employing Skilled Tradespeople: Hiring experienced and qualified construction professionals to ensure homes are built to exacting standards.
• Implementing Quality Control Measures: Conducting regular inspections and quality checks throughout the construction process to identify and address any potential issues.

Innovation

In today's rapidly evolving world, innovation is crucial for staying ahead of the competition. Century Communities, Inc. (CCS) may demonstrate this value by:

• Adopting New Technologies: Utilizing advanced building technologies and techniques to improve efficiency, reduce costs, and enhance the quality of homes.
• Offering Smart Home Features: Incorporating smart home technologies into their homes to provide buyers with added convenience, security, and energy efficiency.
• Developing Innovative Designs: Creating floor plans and designs that meet the changing needs and preferences of homebuyers.

Community Building

Beyond just building houses, Century Communities, Inc. (CCS) likely aims to create thriving communities. This can be seen through:

• Developing Amenity-Rich Communities: Including amenities such as parks, playgrounds, swimming pools, and community centers to enhance the quality of life for residents.
• Supporting Local Organizations: Partnering with local charities and organizations to give back to the communities in which they build.
• Creating a Sense of Belonging: Designing communities that encourage social interaction and foster a sense of community spirit.

Financial Strength and Stability

Maintaining a strong financial position is essential for any company's long-term success. Century Communities, Inc. (CCS) likely prioritizes this value by:

• Managing Debt Responsibly: Maintaining a healthy balance sheet and managing debt levels prudently.
• Investing in Growth Opportunities: Allocating capital to strategic growth initiatives that will generate long-term value for shareholders.
• Delivering Consistent Profitability: Focusing on operational efficiency and cost control to achieve consistent profitability. In the fiscal year 2024, Century Communities reported total revenues of $4.2 billion.

While these values are inferred based on available information and general industry practices, they provide insight into the likely priorities and principles that guide Century Communities, Inc. (CCS). These inferred values align with the company's goal of delivering quality homes and creating thriving communities while maintaining financial stability.