Green Brick Partners Inc (GRBK)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 381,583 | 284,626 | 291,900 | 190,210 | 113,693 |
| Total assets | US$ in thousands | 2,249,990 | 1,904,710 | 1,655,680 | 1,421,870 | 988,847 |
| ROA | 16.96% | 14.94% | 17.63% | 13.38% | 11.50% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $381,583K ÷ $2,249,990K
= 16.96%
Green Brick Partners Inc's return on assets (ROA) has shown a positive trend over the past five years. Starting at 11.50% on December 31, 2020, the ROA increased to 13.38% by December 31, 2021, signaling improved asset utilization efficiency. Subsequently, the ROA continued to rise significantly to 17.63% by December 31, 2022, indicating that the company was generating more profit relative to its assets.
However, there was a slight decrease in ROA to 14.94% by December 31, 2023, before rebounding to 16.96% by December 31, 2024. Overall, Green Brick Partners Inc's ROA performance reflects a generally positive trend, suggesting effective management of assets to generate profits. This increasing trend indicates that the company has been efficiently utilizing its assets to generate higher returns for its shareholders over the analyzed period.
Peer comparison
Dec 31, 2024