Green Brick Partners Inc (GRBK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.46% | 32.73% | 32.82% | 32.19% | 30.77% | 29.52% | 29.38% | 29.69% | 29.75% | 29.31% | 27.98% | 26.34% | 25.81% | 26.16% | 25.63% | 24.53% | 24.04% | 23.05% | 22.16% | 21.84% |
| Operating profit margin | 22.72% | 21.91% | 21.98% | 21.11% | 19.94% | 18.82% | 18.82% | 19.94% | 20.39% | 20.81% | 19.72% | 17.78% | 16.62% | 15.57% | 14.82% | 13.30% | 12.83% | 11.87% | 10.60% | 9.67% |
| Pretax margin | 24.39% | 24.00% | 24.22% | 23.68% | 22.01% | 20.90% | 21.00% | 22.08% | 22.55% | 22.55% | 21.52% | 19.48% | 18.32% | 17.63% | 16.97% | 15.57% | 14.63% | 13.39% | 12.02% | 10.97% |
| 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% |
Green Brick Partners Inc has shown improvement in its profitability ratios over the past few years. The gross profit margin has steadily increased from 21.84% as of March 31, 2020, to 33.46% as of December 31, 2024. This indicates the company has been able to control its cost of goods sold and improve its efficiency in generating profits from sales.
Similarly, the operating profit margin has shown a positive trend, increasing from 9.67% as of March 31, 2020, to 22.72% as of December 31, 2024. This indicates that the company has been able to manage its operating expenses effectively and generate higher profits from its operations.
The pretax margin has also shown a consistent improvement, rising from 10.97% as of March 31, 2020, to 24.39% as of December 31, 2024. This indicates that the company has been able to increase its profitability before accounting for taxes.
Furthermore, the net profit margin has shown a positive trend, increasing from 7.41% as of March 31, 2020, to 18.18% as of December 31, 2024. This suggests that the company has been able to generate higher profits after accounting for all expenses including taxes.
Overall, Green Brick Partners Inc has demonstrated strong profitability performance, as evidenced by the improvement in its gross profit margin, operating profit margin, pretax margin, and net profit margin over the analyzed period.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | 16.96% | 16.15% | 16.17% | 15.37% | 14.94% | 14.31% | 15.11% | 17.26% | 17.63% | 18.09% | 17.30% | 14.77% | 13.38% | 11.58% | 11.06% | 11.46% | 11.50% | 10.62% | 8.92% | 6.35% |
| Return on total capital | 21.58% | 29.03% | 29.16% | 27.05% | 27.31% | 26.69% | 28.13% | 32.64% | 33.81% | 36.16% | 35.10% | 29.86% | 26.05% | 24.46% | 23.51% | 19.50% | 19.13% | 18.06% | 15.83% | 15.54% |
| Return on equity (ROE) | 23.48% | 23.07% | 23.20% | 21.96% | 21.88% | 21.45% | 22.87% | 26.43% | 27.49% | 29.71% | 29.01% | 24.76% | 21.75% | 20.35% | 19.84% | 18.58% | 17.76% | 16.44% | 14.10% | 11.41% |
Green Brick Partners Inc has shown a positive trend in its profitability ratios over the last few years. The Operating return on assets (Operating ROA) has steadily increased from 8.29% as of March 31, 2020, to 21.20% as of December 31, 2024, indicating that the company's operating income generated from its assets has been improving.
Similarly, the Return on assets (ROA) has also demonstrated growth, rising from 6.35% on March 31, 2020, to 16.96% by the end of December 31, 2024. This metric reflects the company's ability to generate profits relative to its total assets, and the increasing trend suggests efficient asset utilization and improved profitability.
The Return on total capital metric, which considers both debt and equity in assessing profitability, has shown fluctuations during the period under review. There was a significant increase from 15.54% on March 31, 2020, to a peak of 36.16% on September 30, 2022, before declining to 21.58% by December 31, 2024. This indicates that while the company has been effectively utilizing its capital to generate returns, there have been variations in performance over time.
Lastly, the Return on equity (ROE) has generally shown a positive trajectory, increasing from 11.41% on March 31, 2020, to 23.48% by December 31, 2024. The ROE reflects the profitability of the company from the shareholder's perspective, and the consistent improvement in this ratio suggests enhanced shareholder value and effective management of equity investments.
Overall, Green Brick Partners Inc's profitability ratios depict a favorable trend, with strong performance in generating returns from assets, capital, and equity over the reviewed period, indicating positive financial health and operational efficiency.