Century Communities Inc (CCS)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	259,224	247,395	308,718	415,941	525,126	610,602	580,106	539,348	498,504	425,356	361,143	281,683	206,157	167,698	144,958	122,003	112,994	85,831	75,855	93,553
Revenue (ttm)	US$ in thousands	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	2,535,911	2,395,315	2,366,682	2,278,624
Net profit margin		7.02%	6.75%	7.87%	9.80%	11.65%	13.47%	13.34%	12.77%	11.82%	10.64%	9.42%	7.90%	6.52%	5.65%	5.25%	4.68%	4.46%	3.58%	3.21%	4.11%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $259,224K ÷ $3,692,184K
= 7.02%

Century Communities Inc's net profit margin has been fluctuating over the past eight quarters. The trend shows a decrease from Q1 2022 (12.77%) to Q4 2023 (7.02%). Generally, a higher net profit margin indicates better profitability as a percentage of revenue, suggesting efficient cost management and ability to generate more profit from each dollar of sales. However, the declining trend in Century Communities Inc's net profit margin may indicate challenges in maintaining profitability, possibly due to increasing costs or competitive pressures. Further analysis of the company's operating expenses, revenue growth trends, and overall financial performance is recommended to understand the factors influencing the net profit margin fluctuations.