Green Brick Partners Inc (GRBK)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 703,521 | 548,182 | 523,025 | 362,059 | 234,604 |
| Revenue | US$ in thousands | 2,098,940 | 1,777,710 | 1,757,790 | 1,402,880 | 976,021 |
| Gross profit margin | 33.52% | 30.84% | 29.75% | 25.81% | 24.04% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $703,521K ÷ $2,098,940K
= 33.52%
Based on the data provided, Green Brick Partners Inc's gross profit margin has shown a positive trend over the years, increasing from 24.04% as of December 31, 2020, to 33.52% as of December 31, 2024. This signifies that the company has been able to improve its efficiency in generating profits from its core business activities.
The consistent growth in the gross profit margin indicates that Green Brick Partners Inc has effectively managed its production costs and pricing strategies, resulting in higher profitability per dollar of revenue. A rising gross profit margin is a positive indicator of the company's operational efficiency and competitive positioning within the industry.
Overall, the improving trend in Green Brick Partners Inc's gross profit margin reflects a stronger financial performance and suggests that the company is successfully enhancing its profitability over time.
Peer comparison
Dec 31, 2024