Green Brick Partners Inc (GRBK)

Operating return on assets (Operating ROA)

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
Operating income (ttm) US$ in thousands 476,955 434,283 412,589 374,231 354,451 330,917 328,856 362,248 358,432 370,240 337,799 277,692 233,102 187,557 168,639 132,659 125,258 112,975 93,913 80,886
Total assets US$ in thousands 2,249,990 2,172,070 2,064,400 1,976,570 1,904,710 1,866,650 1,776,570 1,706,460 1,655,680 1,657,740 1,588,270 1,528,660 1,421,870 1,347,320 1,287,140 1,079,920 988,847 944,582 910,248 975,180
Operating ROA 21.20% 19.99% 19.99% 18.93% 18.61% 17.73% 18.51% 21.23% 21.65% 22.33% 21.27% 18.17% 16.39% 13.92% 13.10% 12.28% 12.67% 11.96% 10.32% 8.29%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $476,955K ÷ $2,249,990K
= 21.20%

Green Brick Partners Inc has shown a generally positive trend in operating return on assets (ROA) over the past few years, indicating effective asset utilization in generating operating income. The operating ROA increased from 8.29% as of March 31, 2020, to a peak of 22.33% as of September 30, 2022. Subsequently, there was a slight decline, reaching 17.73% as of September 30, 2023. However, the company managed to improve its operating ROA to 21.20% by December 31, 2024, demonstrating solid performance. Overall, Green Brick Partners Inc has been successful in efficiently utilizing its assets to generate operating income, although some fluctuations were observed in the mid-term.