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 | ||
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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.
Peer comparison
Dec 31, 2024