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.
Peer comparison
Dec 31, 2024