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Centex Corporation

Centex Corporation (NYSE: CTX)

Headquarters:  Dallas, TX
CEO:               Tim Eller
Employees*:    19,000+
Home Types:    First-time, Move-up,
                       Urban, Second Home,                        Resort, On-Your-Lot
Average price:   Approx. $285,000
Year end:         March 31

Dallas-based Centex (NYSE: CTX), founded in 1950, is one of the nation’s leading home building companies. Centex operates in major U.S. markets in 26 states and delivered more than 33,000 homes in the United States in its most recent fiscal year ended March 31, 2005. Its leading brands include Centex Homes, Fox & Jacobs Homes, CityHomes and Centex Destination Properties.

In addition to its home building operations, Centex’s (www.centex.com) related business lines include mortgage and financial services, home services and commercial construction. These businesses provide operational or financial support to home building operations and are leaders in their respective industries. Centex consistently ranks among the most admired companies in its industry, according to FORTUNE magazine.

Centex is committed to leading the industry in growth and improvement, as well as offering a dynamic environment for professional growth for its employees. In addition, Centex “builds community” through a philanthropic strategy focused on land, home and people. The company has contributed more than $5 million to land conservation efforts, saving nearly 25,000 acres of critical habitat.

Centex also was recently recognized as No. 1 in customer satisfaction in 10 national markets by J.D. Power and Associates and received the top honor in its industry for training and development programs.

Since becoming publicly held in 1969, Centex has never reported a quarterly or annual loss or a major write-off. For the fiscal year 2005, (ended March 31, 2005), Centex Corporation had revenues exceeding $12 billion. Net earnings for the year were $1.38 billion, and the backlog of homes sold but not delivered at fiscal year-end was 18,589 units.

For more information, click here to visit Centex's Web site.