TRI Pointe Homes Inc (TPH)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 96.23% | 93.92% | 92.05% | 90.81% | 90.89% | 89.59% | 89.52% | 89.51% | 89.46% | 71.72% | 55.05% | 36.83% | 22.41% | 21.79% | 21.87% | 20.80% | 19.79% | 19.30% | 18.99% | 20.05% |
| Operating profit margin | 79.10% | 49.61% | 31.83% | 16.48% | 17.17% | 16.70% | 16.39% | 15.74% | 15.19% | 14.70% | 13.57% | 12.36% | 11.24% | 10.87% | 10.56% | 9.42% | 8.23% | 7.83% | 7.75% | 9.13% |
| Pretax margin | 12.43% | 13.93% | 15.46% | 17.10% | 17.63% | 17.14% | 16.87% | 16.23% | 15.71% | 15.21% | 14.00% | 12.59% | 11.45% | 11.08% | 10.81% | 9.82% | 8.79% | 8.28% | 8.18% | 9.55% |
| Net profit margin | 9.25% | 10.40% | 11.58% | 12.83% | 13.25% | 12.90% | 12.62% | 12.16% | 11.78% | 11.40% | 10.53% | 9.49% | 8.66% | 8.53% | 8.27% | 7.50% | 6.72% | 6.13% | 6.12% | 7.16% |
The profitability ratios of Tri Pointe Homes Inc. have shown a declining trend from Q1 2022 to Q4 2023. The gross profit margin has decreased from 27.27% in Q4 2022 to 23.27% in Q4 2023, indicating a decline in the company's ability to generate profits from its core operations.
Similarly, the operating profit margin has also decreased from 17.73% in Q4 2022 to 11.52% in Q4 2023, suggesting a decrease in the efficiency of the company's operations in generating profits before interest and taxes.
The pretax margin, which reflects the company's ability to generate profits before taxes, has also shown a decreasing trend from 17.78% in Q4 2022 to 12.58% in Q4 2023.
Lastly, the net profit margin, which represents the company's ability to generate profits after all expenses have been deducted, has decreased from 13.25% in Q4 2022 to 9.25% in Q4 2023.
Overall, the declining trend in Tri Pointe Homes Inc.'s profitability ratios indicates a reduction in the company's overall profitability and efficiency in generating profits over the specified period. It is important for analysts to further investigate the reasons behind this trend and assess the company's strategies to improve profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 59.80% | 40.53% | 28.04% | 15.27% | 15.82% | 14.89% | 14.84% | 14.58% | 13.95% | 13.31% | 11.85% | 10.22% | 9.11% | 9.18% | 8.65% | 6.99% | 6.58% | 6.11% | 6.20% | 7.51% |
| Return on assets (ROA) | 6.99% | 8.50% | 10.20% | 11.89% | 12.20% | 11.50% | 11.43% | 11.26% | 10.82% | 10.32% | 9.19% | 7.85% | 7.02% | 7.20% | 6.77% | 5.57% | 5.37% | 4.78% | 4.89% | 5.89% |
| Return on total capital | 15.34% | 18.96% | 22.48% | 26.23% | 27.07% | 26.10% | 26.62% | 26.24% | 24.72% | 23.94% | 21.63% | 18.67% | 16.42% | 16.78% | 16.18% | 14.67% | 12.40% | 12.06% | 12.15% | 14.73% |
| Return on equity (ROE) | 11.42% | 14.16% | 16.84% | 19.67% | 20.34% | 19.82% | 20.28% | 20.18% | 19.17% | 18.56% | 16.78% | 14.34% | 12.64% | 12.97% | 12.38% | 11.30% | 9.48% | 8.93% | 9.09% | 11.04% |
Tri Pointe Homes Inc. has demonstrated consistent profitability over the quarters based on the provided ratios. The Operating Return on Assets (Operating ROA) has shown a declining trend from 8.71% in Q4 2023 to 14.76% in Q1 2022, indicating a decrease in the company's ability to generate operating income from its assets.
Similarly, the Return on Assets (ROA) has also displayed a decline from 6.99% in Q4 2023 to 11.26% in Q1 2022, reflecting a reduction in the company's overall efficiency in generating profits from its assets.
On the other hand, the Return on Total Capital has fluctuated but generally remained robust, ranging from 9.74% in Q4 2023 to 17.34% in Q1 2022. This metric showcases the company's ability to generate profits from both debt and equity capital employed in its operations.
Moreover, the Return on Equity (ROE) has followed a similar trend to the Return on Total Capital, demonstrating a steady decline from 11.42% in Q4 2023 to 20.18% in Q1 2022. This indicates a decrease in the company's ability to generate profits for its shareholders from the equity invested in the business.
Overall, while some profitability ratios have shown a decline over the quarters, Tri Pointe Homes Inc. has maintained a solid performance in terms of generating returns on assets, total capital, and equity, indicating effective management of its financial resources.