Century Communities Inc (CCS)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 87.83% | 88.14% | 88.94% | 89.69% | 90.22% | 90.53% | 90.60% | 90.55% | 90.76% | 90.54% | 90.25% | 89.86% | 89.12% | 88.59% | 88.22% | 87.99% | 87.87% | 87.81% | 87.71% | 68.49% |
| Operating profit margin | 75.64% | 76.26% | 77.86% | 79.35% | 80.41% | 81.06% | 81.19% | 81.09% | 81.50% | 81.07% | 80.49% | 79.71% | 78.23% | 77.19% | 76.44% | 75.98% | 75.75% | 75.57% | 75.40% | 56.21% |
| Pretax margin | 9.50% | 8.92% | 9.88% | 12.54% | 15.02% | 17.35% | 17.49% | 16.54% | 15.21% | 13.76% | 12.24% | 10.29% | 8.55% | 6.85% | 6.26% | 5.52% | 5.23% | 4.79% | 4.34% | 5.64% |
| 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% |
Century Communities Inc's profitability ratios have shown a declining trend over the quarters. The gross profit margin has decreased from 25.20% in Q4 2022 to 21.75% in Q4 2023, indicating a reduction in profitability from sales after accounting for the cost of goods sold. This downward trend may signify challenges in managing production costs or pricing strategies.
Similarly, the operating profit margin has also decreased from 17.64% in Q3 2022 to 9.63% in Q4 2023, reflecting a decline in the company's ability to generate profits from its core operations after considering operating expenses. This trend suggests potential inefficiencies or increased operating costs impacting overall profitability.
Furthermore, the pretax margin and net profit margin have followed a similar pattern of decline quarter over quarter. The pretax margin decreased from 17.35% in Q3 2022 to 9.5% in Q4 2023, while the net profit margin dropped from 13.47% in Q3 2022 to 7.02% in Q4 2023. These reductions indicate diminishing profitability at both the pre-tax and net levels for the company, possibly due to higher taxes, interest expenses, or other non-operating costs affecting overall earnings.
In conclusion, Century Communities Inc's profitability ratios have shown a deteriorating performance in recent quarters, highlighting potential challenges in managing costs, pricing, or operational efficiency. Further analysis and strategic adjustments may be necessary to improve profitability and financial sustainability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 67.47% | 70.78% | 79.15% | 90.67% | 96.01% | 94.71% | 93.55% | 97.99% | 98.27% | 100.93% | 106.61% | 96.33% | 86.92% | 88.35% | 82.74% | 68.02% | 76.84% | 72.71% | 74.04% | 55.13% |
| Return on assets (ROA) | 6.26% | 6.26% | 8.00% | 11.20% | 13.92% | 15.74% | 15.38% | 15.43% | 14.26% | 13.25% | 12.48% | 9.54% | 7.25% | 6.47% | 5.68% | 4.19% | 4.52% | 3.45% | 3.15% | 4.03% |
| Return on total capital | 117.00% | 121.93% | 137.39% | 155.02% | 168.50% | 177.35% | 180.89% | 187.18% | 194.75% | 202.41% | 207.28% | 207.06% | 193.09% | 193.21% | 186.93% | 182.54% | 180.94% | 190.31% | 198.90% | 146.30% |
| Return on equity (ROE) | 10.86% | 10.79% | 13.89% | 19.15% | 24.42% | 29.47% | 29.73% | 29.47% | 28.25% | 26.57% | 24.26% | 20.51% | 16.10% | 14.15% | 12.83% | 11.25% | 10.64% | 9.02% | 8.45% | 10.69% |
Century Communities Inc's profitability ratios have exhibited a general downward trend from Q1 2022 to Q4 2023. The Operating Return on Assets (Operating ROA) decreased from 20.51% in Q1 2022 to 8.59% in Q4 2023, indicating a decline in the company's ability to generate operating income from its assets. Similarly, the Return on Assets (ROA) decreased from 15.43% in Q1 2022 to 6.26% in Q4 2023, reflecting a decrease in overall profitability relative to the company's total assets.
The Return on Total Capital also showed a decreasing trend, dropping from 23.63% in Q1 2022 to 9.64% in Q4 2023. This suggests a decline in the company's efficiency in generating returns from both debt and equity capital. Additionally, the Return on Equity (ROE) decreased from 29.47% in Q1 2022 to 10.86% in Q4 2023, pointing to decreasing profitability relative to the shareholders' equity over the period.
Overall, the declining profitability ratios of Century Communities Inc indicate potential challenges in efficiently utilizing assets and capital to generate earnings, which could signal the need for strategic adjustments to improve profitability in the future.