Century Communities Inc (CCS)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 87.83% | 90.22% | 90.76% | 89.12% | 87.87% |
| Operating profit margin | 75.62% | 80.38% | 81.48% | 78.20% | 75.73% |
| Pretax margin | 9.50% | 15.02% | 15.21% | 8.55% | 5.23% |
| Net profit margin | 7.02% | 11.65% | 11.82% | 6.52% | 4.46% |
Century Communities Inc's profitability ratios have shown a general positive trend over the past five years.
- The gross profit margin has fluctuated over the years but has stayed relatively stable, ranging from 17.94% in 2019 to 25.20% in 2022. The company's ability to generate profit after accounting for the cost of goods sold has improved overall.
- The operating profit margin reflects the company's ability to control operating expenses while generating revenue. Century Communities Inc has shown improvement in this aspect, with the margin increasing from 6.05% in 2019 to 15.64% in 2022.
- The pretax margin, which measures the company's profitability before taxes, has also shown a positive trend, increasing from 5.23% in 2019 to 15.02% in 2022.
- The net profit margin, which indicates the company's profitability after all expenses have been deducted, has also been on the rise. It increased from 4.46% in 2019 to 11.65% in 2022.
Overall, Century Communities Inc has demonstrated an improvement in its profitability over the years, as evidenced by the increasing trend in its profitability margins. This indicates effective cost management and revenue generation strategies implemented by the company.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 67.45% | 95.98% | 98.25% | 86.89% | 76.82% |
| Return on assets (ROA) | 6.26% | 13.92% | 14.26% | 7.25% | 4.52% |
| Return on total capital | 17.13% | 34.32% | 39.69% | 26.32% | 19.55% |
| Return on equity (ROE) | 10.86% | 24.42% | 28.25% | 16.10% | 10.64% |
Century Communities Inc's profitability ratios have shown fluctuating trends over the past five years.
The Operating return on assets (Operating ROA) has varied from a high of 18.84% in 2021 to a low of 6.14% in 2019, with a notable increase in 2022 but a slight decline in 2023.
Return on assets (ROA) also followed a similar pattern, ranging from 4.52% in 2019 to 14.26% in 2021, with a peak in 2022 and a decrease in 2023.
The Return on total capital increased from 6.97% in 2019 to 21.28% in 2021, with a notable spike in 2022 but a slight decrease in 2023.
Return on equity (ROE) experienced significant growth, reaching a peak of 28.25% in 2021, with a remarkable performance in 2022 but a slight decrease in 2023.
Overall, Century Communities Inc's profitability ratios reflect a mix of positive and negative trends, indicating varying levels of efficiency in generating profits relative to assets, capital, and equity over the years. Further analysis would be needed to understand the specific factors driving these fluctuations.