Green Brick Partners Inc (GRBK)

Net 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
Net income (ttm)	US$ in thousands	284,626	267,153	268,517	294,503	291,900	299,824	274,811	225,818	190,210	156,049	142,361	123,745	113,693	100,303	81,155	61,968	58,656	56,090	52,616	53,025
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
Net profit margin		16.01%	15.19%	15.37%	16.22%	16.61%	16.85%	16.04%	14.46%	13.56%	12.95%	12.51%	12.41%	11.65%	10.54%	9.16%	7.41%	7.41%	7.51%	7.63%	8.00%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $284,626K ÷ $1,777,710K
= 16.01%

Green Brick Partners Inc's net profit margin has shown consistency and stability over the past eight quarters, ranging from 14.41% to 16.73%. The company's profitability remains healthy, with the net profit margin fluctuating within a relatively narrow range. Notably, in Q4 2022, the net profit margin peaked at 16.73%, indicating strong profitability during that period. Although there was a slight decline in the following quarters, the net profit margin remained above 15%, demonstrating the company's ability to generate profits efficiently relative to its revenues. Overall, Green Brick Partners Inc's net profit margin performance signals a solid financial position and effective cost management.