Green Brick Partners Inc (GRBK)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 1,625,420 | 1,520,740 | 1,439,240 | 1,383,330 | 1,300,700 | 1,245,220 | 1,174,080 | 1,114,150 | 1,061,910 | 1,009,240 | 947,391 | 912,183 | 874,548 | 766,789 | 717,389 | 666,131 | 640,242 | 610,079 | 575,759 | 542,982 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $381,583K ÷ $1,625,420K
= 23.48%
Green Brick Partners Inc has demonstrated a fluctuating trend in its Return on Equity (ROE) over the past few years. The company's ROE has shown an overall increasing pattern, with ROE ranging from 11.41% in March 2020 to 23.48% in December 2024.
The company's ROE improved steadily from 2020 to 2022, reaching its peak of 29.71% in September 2022. However, there was a slight decline in ROE in the following quarters, with the ROE settling at around the 23% mark in 2024.
Green Brick Partners Inc's ROE demonstrates its ability to generate profits from shareholders' equity, indicating efficient management of resources to create value for shareholders. The company's increasing ROE trend up to 2022 reflects positively on its profitability and efficiency. The subsequent stabilization of ROE at around 23% in 2024 suggests a level of consistency in the company's financial performance.
Overall, Green Brick Partners Inc's ROE performance indicates a generally positive trend, with the company effectively utilizing its equity to generate returns for its shareholders.
Peer comparison
Dec 31, 2024