Green Brick Partners Inc (GRBK)

Gross profit margin

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 (ttm) US$ in thousands 548,182 519,008 513,314 539,275 523,025 521,329 479,346 411,426 362,059 315,155 291,705 244,624 234,604 219,460 196,299 182,685 169,082 157,360 149,303 150,093
Revenue (ttm) US$ in thousands 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 1,138,206 997,233 976,021 952,043 885,626 836,299 791,660 746,658 689,306 663,112
Gross profit margin 30.84% 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% 21.36% 21.08% 21.66% 22.63%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $548,182K ÷ $1,777,710K
= 30.84%

Green Brick Partners Inc has shown relatively consistent gross profit margins over the past eight quarters, ranging from 26.34% to 30.84%. The company's gross profit margin has generally increased over time, with the highest margin of 30.84% in Q4 2023 and the lowest margin of 26.34% in Q1 2022. This indicates that Green Brick Partners Inc has been able to effectively manage its costs of goods sold and generate higher profits on its revenue. Overall, the trend of increasing gross profit margins suggests improved efficiency and profitability in the company's operations.