Century Communities Inc (CCS)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 333,816 | 259,224 | 525,126 | 498,504 | 206,157 |
| Revenue | US$ in thousands | 4,398,290 | 3,692,180 | 4,505,920 | 4,216,310 | 3,161,190 |
| Net profit margin | 7.59% | 7.02% | 11.65% | 11.82% | 6.52% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $333,816K ÷ $4,398,290K
= 7.59%
Century Communities Inc's net profit margin has shown varying trends over the past five years. In 2020, the net profit margin was 6.52%, indicating that the company earned $0.0652 in net profit for every dollar of revenue generated. This margin improved significantly in 2021, reaching 11.82%, suggesting enhanced profitability and efficient cost management.
However, in 2022 and 2023, the net profit margin declined slightly to 11.65% and 7.02% respectively. This decrease could be attributed to factors such as increased operating expenses, fluctuating sales volumes, or changes in pricing strategies.
In 2024, the net profit margin improved slightly to 7.59%. While this increase is positive, it is essential for Century Communities Inc to continue monitoring and managing its costs effectively to sustain and improve profitability in the future. Overall, the company's net profit margin performance indicates both strengths and areas for potential improvement in its financial management strategies.
Peer comparison
Dec 31, 2024