Century Communities Inc (CCS)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	259,224	525,126	498,504	206,157	112,994
Revenue	US$ in thousands	3,692,180	4,505,920	4,216,310	3,161,190	2,535,910
Net profit margin		7.02%	11.65%	11.82%	6.52%	4.46%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $259,224K ÷ $3,692,180K
= 7.02%

Century Communities Inc's net profit margin has shown fluctuations over the past five years. In 2023, the net profit margin decreased to 7.02% from 11.65% in 2022 and 11.82% in 2021. This decrease indicates a potential decline in the company's profitability relative to the previous two years. However, the net profit margin in 2023 remains higher compared to 2020 and 2019, where it was 6.52% and 4.46%, respectively.

Further analysis would be needed to understand the reasons behind this fluctuation in the net profit margin. Factors such as changes in revenue, cost management, operating efficiency, and external economic conditions could have contributed to these variations. To assess the overall financial health and performance of Century Communities Inc, it is important to consider additional financial ratios and metrics in conjunction with the net profit margin.