Century Communities Inc (CCS)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 440,060 | 350,830 | 676,900 | 641,122 | 270,240 |
| Revenue | US$ in thousands | 4,398,290 | 3,692,180 | 4,505,920 | 4,216,310 | 3,161,190 |
| Pretax margin | 10.01% | 9.50% | 15.02% | 15.21% | 8.55% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $440,060K ÷ $4,398,290K
= 10.01%
Century Communities Inc's pretax margin has shown fluctuations over the years based on the provided data.
In December 31, 2020, the company's pretax margin was 8.55%, indicating that for every dollar of revenue generated, the company retained 8.55 cents as pre-tax profit.
The pretax margin significantly improved to 15.21% by December 31, 2021, suggesting enhanced operational efficiency and profitability during that period.
In December 31, 2022, the pretax margin slightly decreased to 15.02%, still maintaining a strong profitability level compared to the previous year.
However, there was a notable drop in the pretax margin to 9.50% by December 31, 2023, which may indicate challenges or increased costs impacting the company's profitability.
The pretax margin recovered slightly to 10.01% by December 31, 2024, although it remained below the levels seen in 2021 and 2022.
Overall, Century Communities Inc's pretax margin has shown variability over the years, reflecting changes in the company's cost structure, operational efficiency, and overall profitability. Further analysis of the factors contributing to these fluctuations would provide deeper insights into the company's financial performance.
Peer comparison
Dec 31, 2024