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.
Peer comparison
Dec 31, 2024