Green Brick Partners Inc (GRBK)

Return on assets (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
Net income (ttm)	US$ in thousands	381,583	350,790	333,835	303,747	284,626	267,153	268,517	294,503	291,900	299,824	274,811	225,818	190,210	156,049	142,361	123,745	113,693	100,303	81,155	61,968
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
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ 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 few years, starting at 6.35% as of March 31, 2020, and gradually increasing to 16.96% by December 31, 2024. This indicates that the company has been able to generate more profits relative to its total assets over time.

The ROA experienced significant growth in the earlier years, reaching a peak of 18.09% as of September 30, 2022. However, there was a slight decline in the following quarters before stabilizing around the mid to high teens. This suggests that Green Brick Partners Inc has been efficiently utilizing its assets to generate earnings, although there was a minor setback in the middle period.

Overall, the improving trend of ROA reflects positively on the company's operational efficiency and profitability. Investors and stakeholders may view this as a sign of strong asset management and financial performance, indicating that Green Brick Partners Inc is effectively leveraging its assets to increase returns for its shareholders.