Green Brick Partners Inc (GRBK)

Operating 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
Operating income (ttm)	US$ in thousands	355,105	326,221	324,160	357,552	352,982	364,828	332,387	272,280	227,690	187,457	168,539	129,771	122,370	109,987	90,925	80,686	69,966	69,171	66,203	69,272
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
Operating profit margin		19.98%	18.55%	18.55%	19.69%	20.08%	20.51%	19.40%	17.43%	16.23%	15.56%	14.81%	13.01%	12.54%	11.55%	10.27%	9.65%	8.84%	9.26%	9.60%	10.45%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $355,105K ÷ $1,777,710K
= 19.98%

Green Brick Partners Inc's operating profit margin has shown fluctuations over the past eight quarters, ranging from a low of 17.44% in Q1 2022 to a high of 20.43% in Q4 2022. The most recent quarter, Q4 2023, reported an operating profit margin of 19.98%. Despite some variability, the company has generally maintained a healthy operating profit margin above 18% in recent quarters, indicating efficient cost management and strong operational performance. It is essential for stakeholders to closely monitor trends in operating profit margins to assess the company's profitability and financial health.