Green Brick Partners Inc (GRBK)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 381,583 284,626 291,900 190,210 113,693
Revenue US$ in thousands 2,098,940 1,777,710 1,757,790 1,402,880 976,021
Net profit margin 18.18% 16.01% 16.61% 13.56% 11.65%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $381,583K ÷ $2,098,940K
= 18.18%

Green Brick Partners Inc has shown a positive trend in its net profit margin over the past five years. The net profit margin increased from 11.65% as of December 31, 2020, to 18.18% as of December 31, 2024. This indicates that the company has been effectively controlling its expenses relative to its revenue, resulting in higher profitability over time. The steady improvement in net profit margin suggests that Green Brick Partners has been managing its operations efficiently and generating more profits from its core business activities. This trend reflects positively on the company's financial performance and indicates a strengthening bottom line.