Green Brick Partners Inc (GRBK)

Return on equity (ROE)

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
Net income (ttm) US$ in thousands 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 58,656 56,090 52,616 53,025
Total stockholders’ equity US$ in thousands 1,300,700 1,245,220 1,174,080 1,114,150 1,061,910 1,009,240 947,391 912,183 874,548 766,789 717,389 666,131 640,242 610,079 575,759 542,982 523,168 508,715 493,470 480,869
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $284,626K ÷ $1,300,700K
= 21.88%

Green Brick Partners Inc's return on equity (ROE) has shown a declining trend over the past four quarters, starting at 27.22% in Q4 2022 and decreasing to 21.66% in Q4 2023. This downward trajectory suggests a potential deterioration in the company's ability to generate profit from shareholders' equity. However, it is noteworthy that the ROE figures are still relatively healthy, indicating that the company is efficiently utilizing its equity to generate profits. Further analysis and comparison with industry peers may provide more insights into the company's performance and competitiveness in the market.