Century Communities Inc (CCS)
Operating return on assets (Operating ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 3,372,300 | 2,791,890 | 3,621,940 | 3,435,530 | 2,472,000 |
Total assets | US$ in thousands | 4,532,470 | 4,139,360 | 3,773,770 | 3,496,880 | 2,845,090 |
Operating ROA | 74.40% | 67.45% | 95.98% | 98.25% | 86.89% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $3,372,300K ÷ $4,532,470K
= 74.40%
Century Communities Inc's operating return on assets (Operating ROA) has shown a generally positive trend over the years, starting at 86.89% on December 31, 2020, and reaching its peak at 98.25% on December 31, 2021. Despite a slight decrease to 95.98% on December 31, 2022, the company maintained a strong performance relative to its assets.
However, there was a notable decline in operating ROA to 67.45% on December 31, 2023, followed by a partial improvement to 74.40% on December 31, 2024. This fluctuation suggests some variability in the company's ability to generate operating income in relation to its total assets during these periods.
Overall, while Century Communities Inc has demonstrated a strong operating ROA performance in recent years, it should closely monitor and address the factors contributing to the fluctuations in order to sustain and enhance its operational efficiency and asset utilization in the future.
Peer comparison
Dec 31, 2024