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CCS (Century Communities) Sloan Ratio % : 9.73% (As of Dec. 2024)


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What is Century Communities Sloan Ratio %?

Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.

Century Communities's Sloan Ratio for the quarter that ended in Dec. 2024 was 9.73%.

As of Dec. 2024, Century Communities has a Sloan Ratio of 9.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Century Communities Sloan Ratio % Historical Data

The historical data trend for Century Communities's Sloan Ratio % 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.

* Premium members only.

Century Communities Sloan Ratio % Chart

Century Communities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Sloan Ratio %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.43 20.19 7.00 8.45 9.73

Century Communities Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Sloan Ratio % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.45 14.45 15.31 17.21 9.73

Competitive Comparison of Century Communities's Sloan Ratio %

For the Real Estate - Development subindustry, Century Communities's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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.


Century Communities's Sloan Ratio % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Century Communities's Sloan Ratio % distribution charts can be found below:

* The bar in red indicates where Century Communities's Sloan Ratio % falls into.


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Century Communities Sloan Ratio % Calculation

Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.

Century Communities's Sloan Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (A: Dec. 2024 )-Cash Flow from Operations (A: Dec. 2024 )
-Cash Flow from Investing (A: Dec. 2024 ))/Total Assets (A: Dec. 2024 )
=(333.816-125.695
--232.69)/4532.472
=9.73%

Century Communities's Sloan Ratio for the quarter that ended in Dec. 2024 is calculated as

Sloan Ratio=(Net Income (TTM)-Cash Flow from Operations (TTM))
-Cash Flow from Investing (TTM))/Total Assets (Q: Dec. 2024 )
=(333.817-125.695
--232.69)/4532.472
=9.73%

Century Communities's Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was 64.332 (Mar. 2024 ) + 83.724 (Jun. 2024 ) + 83.02 (Sep. 2024 ) + 102.741 (Dec. 2024 ) = $334 Mil.
Century Communities's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2024 was 21.592 (Mar. 2024 ) + -100.052 (Jun. 2024 ) + -95.523 (Sep. 2024 ) + 299.678 (Dec. 2024 ) = $126 Mil.
Century Communities's Cash Flow from Investing for the trailing twelve months (TTM) ended in Dec. 2024 was -64.588 (Mar. 2024 ) + -23.037 (Jun. 2024 ) + -190.081 (Sep. 2024 ) + 45.016 (Dec. 2024 ) = $-233 Mil.

* 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.


Century Communities  (NYSE:CCS) Sloan Ratio % Explanation

A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.

According to How to Beat the Market with the Sloan Ratio:

If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.

If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.

If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.

As of Dec. 2024, Century Communities has a Sloan Ratio of 9.73%, indicating the company is in the safe zone and there is no funny business with accruals.


Century Communities Sloan Ratio % Related Terms

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Century Communities Business Description

Traded in Other Exchanges
Address
8390 East Crescent Parkway, Suite 650, Greenwood Village, CO, USA, 80111
Century Communities Inc is engaged in the development, design, construction, marketing, and selling of single-family attached and detached homes. It has five homebuilding segments: West, Mountain, Texas, Southeast, and Century Complete. Its sixth reportable segment is financial services operations, which provides mortgage, title, and insurance services to homebuyers. It has acquired land for homebuilding operations with the primary intent to develop and construct single-family detached or attached homes for sale on the acquired land. The company sells homes through its sales representatives and independent real estate brokers. The company generates the majority of its revenue from the Mountain segment.
Executives
John P Box director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dale Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Robert J Francescon director, 10 percent owner, officer: See Remarks 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Elisa Z Ramirez director 1225 17TH STREET, SUITE 2600, DENVER CO 80202
David L Messenger officer: Chief Financial Officer
John Scott Dixon officer: Chief Accounting Officer CENTURY COMMUNITIES, INC., 8390 E. CRESCENT PARKWAY, STE. 650, GREENWOOD VILLAGE CO 80111
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dustin L. Bogue other: Regional President - West UCP, INC., 99 ALMADEN BOULEVARD, SUITE 400, SAN JOSE CA 95113
Bennett Wesley Allen Arthur other: General Counsel C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Stewart Hugh Parker other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Richard A Carruthers other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Liesel W Cooper other: Regional President C/O CENTURY COMMUNITIES, INC., 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Kenneth J Rabel officer: Division President-Colorado 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Don A Boettcher officer: Division President-Las Vegas 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111