Green Brick Partners Inc (GRBK)

Net 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
Net income (ttm) US$ in thousands 381,583 350,790 333,835 303,747 284,626 267,153 268,517 294,503 291,900 299,824 274,811 225,818 190,210 156,049 142,361 123,745 113,693 100,303 81,155 61,968
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
Net profit margin 18.18% 17.70% 17.78% 17.13% 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%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $381,583K ÷ $2,098,943K
= 18.18%

The net profit margin of Green Brick Partners Inc has shown a consistent upward trend over the analyzed period from March 31, 2020, to December 31, 2024. Starting at 7.41% in March 2020, the net profit margin gradually increased to 18.18% by December 31, 2024. This indicates that the company has been able to effectively control its expenses relative to its revenue, resulting in a higher percentage of each dollar of revenue being converted into profit. The improving net profit margin reflects positively on the company's operational efficiency and financial performance, suggesting it is becoming more profitable over time.