Century Communities Inc (CCS)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	3,873,020	3,243,000	4,065,020	3,826,660	2,817,310
Revenue	US$ in thousands	4,398,290	3,692,180	4,505,920	4,216,310	3,161,190
Gross profit margin		88.06%	87.83%	90.22%	90.76%	89.12%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $3,873,020K ÷ $4,398,290K
= 88.06%

The gross profit margin of Century Communities Inc has shown a generally positive trend over the past five years. In December 2020, the gross profit margin was strong at 89.12%, indicating that the company was effectively controlling its production costs and generating significant profits from its sales.

The following year, in December 2021, the gross profit margin further improved to 90.76%, suggesting that the company was able to increase its profitability by either reducing its cost of goods sold or increasing its sales prices.

Although there was a slight dip in the gross profit margin in December 2022 to 90.22%, the company still maintained a high level of profitability relative to its production costs.

In December 2023, there was a more notable decrease in the gross profit margin to 87.83%. This decline may indicate an increase in production costs or pricing pressures that impacted the company's profitability.

By December 2024, the gross profit margin had slightly rebounded to 88.06%, indicating that the company may have implemented strategies to address the factors that led to the decline in the previous year.

Overall, Century Communities Inc has demonstrated a consistent ability to generate strong gross profit margins, which is a positive indicator of its operational efficiency and pricing strategy. However, management should continue to monitor and address any fluctuations that may impact profitability in the future.