Century Communities Inc (CCS)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,791,890 | 3,621,940 | 3,435,530 | 2,472,000 | 1,920,530 |
| Revenue | US$ in thousands | 3,692,180 | 4,505,920 | 4,216,310 | 3,161,190 | 2,535,910 |
| Operating profit margin | 75.62% | 80.38% | 81.48% | 78.20% | 75.73% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,791,890K ÷ $3,692,180K
= 75.62%
Century Communities Inc's operating profit margin has shown fluctuations over the past five years. In 2023, the operating profit margin was 9.63%, which represents a decrease from 15.64% in 2022. This decline indicates a decrease in the company's profitability relative to its revenue in 2023 compared to the previous year. However, the operating profit margin in 2023 is still higher than the margins reported in 2020 (8.69%) and 2019 (6.05%).
The operating profit margin peaked in 2018 at 15.64% and has since shown some variability, indicating potentially changing cost structures or revenue dynamics within the company. Further analysis of the underlying factors driving these fluctuations would be necessary to understand the company's performance trends more comprehensively.
Peer comparison
Dec 31, 2023