Green Brick Partners's gross profit for the
three
months ended in Sep. 2024 was $172 Mil. Green Brick Partners's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $651 Mil.
Green Brick Partners had a gross margin of 32.76% for the quarter that ended in Sep. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Green Brick Partners was 32.85%. The lowest was 21.36%. And the median was 24.39%.
Green Brick Partners Gross Profit Historical Data
The historical data trend for Green Brick Partners's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Green Brick Partners's Gross Profit
For the Residential Construction subindustry, Green Brick Partners's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Green Brick Partners's Gross Profit Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, Green Brick Partners's Gross Profit distribution charts can be found below:
* The bar in red indicates where Green Brick Partners's Gross Profit falls into.
Green Brick Partners Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Green Brick Partners's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $651 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Green Brick Partners (NYSE:GRBK) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Green Brick Partners had a gross margin of 32.76% for the quarter that ended in Sep. 2024 => Competition eroding margins
Green Brick Partners Gross Profit Related Terms
Thank you for viewing the detailed overview of Green Brick Partners's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Green Brick Partners Inc is a homebuilding and land development company. It acquires and develops land, as well as provides land and construction financing to its controlled builders. The company has three reportable segments: builder operations central, builder operations southeast, and land development. The majority of the company's revenue is generated from the builder operations central segment which is entirely the operations of builders in Texas. The company is engaged in various aspects of the homebuilding process, including land acquisition and development, entitlements, design, construction, marketing, sales, and brand image creation. In addition to homebuilding, the company provides home financing services, such as mortgage and title, through its subsidiaries.
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