Green Brick Partners Inc (GRBK)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Gross profit (ttm) US$ in thousands 702,272 648,762 616,212 570,730 547,079 519,008 513,314 539,275 523,025 521,329 479,346 411,426 362,059 315,155 291,705 244,624 234,604 219,460 196,299 182,685
Revenue (ttm) US$ in thousands 2,098,943 1,982,011 1,877,329 1,772,987 1,777,710 1,758,417 1,747,383 1,816,238 1,757,793 1,778,955 1,713,351 1,562,013 1,402,876 1,204,725 1,138,206 997,233 976,021 952,043 885,626 836,299
Gross profit margin 33.46% 32.73% 32.82% 32.19% 30.77% 29.52% 29.38% 29.69% 29.75% 29.31% 27.98% 26.34% 25.81% 26.16% 25.63% 24.53% 24.04% 23.05% 22.16% 21.84%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $702,272K ÷ $2,098,943K
= 33.46%

Green Brick Partners Inc has demonstrated a steady increase in its gross profit margin over the analyzed period, starting at 21.84% in March 2020 and reaching 33.46% by December 2024. This upward trend indicates the company's improving efficiency in generating profit from its sales revenue. The consistent growth in the gross profit margin reflects Green Brick Partners Inc's ability to effectively manage its production costs and maximize the profitability of its operations. The latest reported gross profit margin of 33.46% as of December 2024 signifies the company's strong profitability and financial health.