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.
Peer comparison
Dec 31, 2023