TRI Pointe Homes Inc (TPH)

Gross profit margin

		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
Gross profit (ttm)	US$ in thousands	1,029,945	1,047,251	960,429	856,269	823,287	921,611	1,036,093	1,145,209	1,160,741	1,067,958	1,047,053	1,017,872	992,121	950,939	862,739	779,262	728,099	725,492	710,488	661,316
Revenue (ttm)	US$ in thousands	4,470,482	4,498,692	4,181,780	3,864,189	3,704,448	3,967,548	4,211,590	4,391,951	4,348,534	4,035,744	3,997,134	3,997,504	3,982,226	3,833,046	3,632,320	3,384,366	3,260,450	3,340,890	3,256,821	3,185,429
Gross profit margin		23.04%	23.28%	22.97%	22.16%	22.22%	23.23%	24.60%	26.08%	26.69%	26.46%	26.20%	25.46%	24.91%	24.81%	23.75%	23.03%	22.33%	21.72%	21.82%	20.76%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,029,945K ÷ $4,470,482K
= 23.04%

TRI Pointe Homes Inc's gross profit margin has shown a generally positive trend over the analyzed period, starting at 20.76% in March 2020 and peaking at 26.69% in December 2022. There was a slight dip in the gross profit margin to 22.16% in March 2024, followed by a slight recovery to 23.04% by December 2024.

The company has managed to steadily improve its gross profit margin from the initial period to 2022, indicating effective cost management and pricing strategies. However, the slight decline in the margin in 2024 suggests potential challenges in controlling costs or maintaining pricing power.

Overall, the trend in TRI Pointe Homes Inc's gross profit margin demonstrates the company's ability to generate profit from its core operations, but continued monitoring of cost efficiency and pricing strategies may be necessary to sustain and enhance profitability in the future.