Green Brick Partners Inc (GRBK)
Profitability ratios
Return on sales
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Gross profit margin | 30.84% | 29.75% | 25.81% | 24.04% | 21.36% |
| Operating profit margin | 19.98% | 20.08% | 16.23% | 12.54% | 8.87% |
| Pretax margin | 20.77% | 21.30% | 17.31% | 14.21% | 9.94% |
| Net profit margin | 16.01% | 16.61% | 13.56% | 11.65% | 7.41% |
Green Brick Partners Inc has shown a consistent improvement in profitability ratios over the past five years. The gross profit margin has increased steadily from 21.36% in 2019 to 30.84% in 2023, indicating the company's ability to control its production costs and generate higher profits from its core operations.
Similarly, the operating profit margin has also shown a positive trend, increasing from 8.90% in 2019 to 19.98% in 2023. This suggests that the company has been more efficient in managing its operating expenses and improving its operational efficiency.
The pretax margin has also demonstrated a consistent improvement, rising from 10.65% in 2019 to 22.01% in 2023. This indicates that the company has been able to increase its profitability before accounting for taxes, which is a positive sign of overall financial health and performance.
Notably, the net profit margin has shown an upward trajectory as well, increasing from 7.41% in 2019 to 15.85% in 2023. This highlights the company's ability to not only control costs and improve operational efficiency but also to generate higher net income relative to its revenue.
Overall, the increasing trend in profitability ratios for Green Brick Partners Inc is a positive indication of the company's improving financial performance and efficiency in generating profits over the years.
Return on investment
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 18.66% | 21.32% | 16.01% | 12.38% | 8.02% |
| Return on assets (ROA) | 14.96% | 17.63% | 13.38% | 11.50% | 6.70% |
| Return on total capital | 28.39% | 35.25% | 27.76% | 21.67% | 15.04% |
| Return on equity (ROE) | 21.88% | 27.49% | 21.75% | 17.76% | 11.21% |
Green Brick Partners Inc's profitability ratios have shown a generally positive trend over the past five years.
1. Operating return on assets (Operating ROA) has been consistently increasing from 8.04% in 2019 to 18.67% in 2023, indicating the company's ability to generate operating income relative to its total assets has improved significantly.
2. Return on assets (ROA) has also shown a positive trajectory, increasing from 6.70% in 2019 to 14.81% in 2023, demonstrating the company's overall efficiency in generating profits from its assets.
3. Return on total capital has consistently risen from 10.54% in 2019 to 22.58% in 2023, indicating that the company has been effectively utilizing its total capital to generate returns for its stakeholders.
4. Return on equity (ROE) has shown a similar upward trend, improving from 11.21% in 2019 to 21.66% in 2023, reflecting the company's ability to generate profits for its shareholders from the equity invested.
Overall, Green Brick Partners Inc has exhibited strong profitability ratios over the years, showcasing its efficient use of assets and capital to generate returns for both the company and its shareholders.