Green Brick Partners Inc (GRBK)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 30.84% | 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% | 21.36% | 21.08% | 21.66% | 22.63% |
| 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% |
| Pretax margin | 20.77% | 19.74% | 19.71% | 20.79% | 21.30% | 21.42% | 20.60% | 18.52% | 17.31% | 16.67% | 16.09% | 15.06% | 14.21% | 12.89% | 11.22% | 10.07% | 9.94% | 10.03% | 10.20% | 10.65% |
| Net profit margin | 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% | 7.41% | 7.51% | 7.63% | 8.00% |
Green Brick Partners Inc has shown consistent profitability over the past eight quarters, as evidenced by its gross profit margin ranging from 26.34% to 30.84%. The company has effectively managed its cost of goods sold to maintain healthy margins.
In terms of operating efficiency, the operating profit margin has been somewhat stable, varying between 17.44% and 20.51% over the same period. This indicates that Green Brick Partners has been able to control its operating expenses relative to its revenue.
The pretax margin and net profit margin also demonstrate a similar trend, with fluctuations within a relatively narrow range. The company has been able to generate profits before and after taxes at levels between 14.41% and 22.55%, showcasing its ability to efficiently manage both operational and tax-related costs.
Overall, the company's profitability ratios indicate a sound financial performance, with consistent margins across various quarters, suggesting effective cost management and revenue generation strategies.
Return on investment
| 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 return on assets (Operating ROA) | 18.66% | 17.48% | 18.25% | 20.95% | 21.32% | 22.01% | 20.93% | 17.81% | 16.01% | 13.91% | 13.09% | 12.02% | 12.38% | 11.64% | 9.99% | 8.27% | 7.99% | 7.99% | 7.95% | 8.74% |
| Return on assets (ROA) | 14.96% | 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% | 6.70% | 6.48% | 6.32% | 6.69% |
| Return on total capital | 27.30% | 26.20% | 27.61% | 32.09% | 33.24% | 36.15% | 35.08% | 29.85% | 26.04% | 24.45% | 23.49% | 19.48% | 19.11% | 18.03% | 15.79% | 14.86% | 13.37% | 13.60% | 13.42% | 14.41% |
| Return on equity (ROE) | 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% | 11.21% | 11.03% | 10.66% | 11.03% |
Green Brick Partners Inc has shown consistent profitability over the past eight quarters based on the profitability ratios analyzed.
The Operating return on assets (Operating ROA) has ranged between 17.80% and 21.69%, with a slight decrease in the most recent quarter to 18.67%. This ratio indicates the company's efficiency in generating operating income from its assets.
The Return on assets (ROA) has also remained relatively stable, fluctuating between 14.16% and 17.46%. The latest quarter reported an ROA of 14.81%, indicating the company's ability to generate profit from its total assets.
The Return on total capital has ranged from 21.94% to 27.84%, with the most recent quarter reporting a ratio of 22.58%. This ratio reflects the company's ability to generate returns for both debt and equity holders.
Lastly, the Return on equity (ROE) has consistently been above 20%, ranging from 21.22% to 29.49%. The most recent quarter recorded an ROE of 21.66%, demonstrating the company's ability to generate profits for its shareholders relative to their equity investment.
Overall, Green Brick Partners Inc has maintained solid profitability ratios, reflecting effective management of assets and capital to generate returns for the company and its stakeholders.