Century Communities Inc (CCS)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Net income | US$ in thousands | 333,816 | 259,224 | 525,126 | 498,504 | 206,157 |
Total assets | US$ in thousands | 4,532,470 | 4,139,360 | 3,773,770 | 3,496,880 | 2,845,090 |
ROA | 7.36% | 6.26% | 13.92% | 14.26% | 7.25% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $333,816K ÷ $4,532,470K
= 7.36%
Century Communities Inc's return on assets (ROA) has shown some variability over the past five years. The ROA increased from 7.25% as of December 31, 2020, to 14.26% by December 31, 2021, indicating a significant improvement in the company's ability to generate profit relative to its total assets. However, there was a slight decline in ROA to 13.92% by December 31, 2022, followed by a more notable decrease to 6.26% by December 31, 2023.
This decline implies that the company may have faced challenges in efficiently utilizing its assets to generate profits during those periods. The ROA did rebound slightly to 7.36% by December 31, 2024, but it still remains below the peak achieved in 2021. Overall, Century Communities Inc's ROA trend suggests fluctuations in its asset efficiency and profitability performance over the past five years, indicating the need for a deeper examination of the company's operational and financial strategies.
Peer comparison
Dec 31, 2024