Century Communities Inc (CCS)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	3,873,021	3,821,601	3,596,586	3,422,750	3,242,993	3,230,983	3,487,078	3,804,987	4,065,021	4,104,441	3,938,719	3,824,954	3,826,661	3,619,229	3,459,906	3,205,519	2,817,310	2,627,613	2,436,586	2,292,491
Revenue (ttm)	US$ in thousands	4,398,293	4,330,443	4,082,996	3,887,737	3,692,184	3,665,734	3,920,601	4,242,550	4,505,910	4,533,580	4,347,322	4,224,092	4,216,312	3,997,290	3,833,619	3,567,153	3,161,192	2,965,956	2,761,957	2,605,463
Gross profit margin		88.06%	88.25%	88.09%	88.04%	87.83%	88.14%	88.94%	89.69%	90.22%	90.53%	90.60%	90.55%	90.76%	90.54%	90.25%	89.86%	89.12%	88.59%	88.22%	87.99%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,873,021K ÷ $4,398,293K
= 88.06%

Century Communities Inc has shown a generally increasing trend in its gross profit margin over the period from March 31, 2020, to December 31, 2024. The company's gross profit margin started at 87.99% in March 2020 and reached its peak at 90.76% in December 2021. Subsequently, there was a slight decline in the margin to 87.83% by December 31, 2023, before slightly rebounding to 88.06% by December 31, 2024.

Overall, Century Communities Inc has managed to maintain a relatively high gross profit margin, with the margin consistently above 87%, indicating efficient cost management and pricing strategies. This trend suggests that the company has been successful in generating revenue after accounting for the direct costs associated with producing its goods or services. However, the slight fluctuations in the margin towards the end of the period might require further analysis to understand underlying factors affecting profitability.