Financial Snapshot

Revenue
$4.028B
TTM
Gross Margin
21.25%
TTM
Net Earnings
$304.7M
TTM
Current Assets
$2.295B
Q3 2024
Current Liabilities
$505.4M
Q3 2024
Current Ratio
454.18%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.290B
Q3 2024
Cash
Q3 2024
P/E
9.873
Nov 29, 2024 EST
Free Cash Flow
-$365.9M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.749B $3.342B $1.924B $1.134B $744.3M $522.3M
YoY Change 12.15% 73.73% 69.69% 52.33% 42.5%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.749B $3.342B $1.924B $1.134B $744.3M $522.3M
Cost Of Revenue $3.012B $2.722B $1.610B $962.9M $641.3M $454.4M
Gross Profit $736.8M $620.2M $313.6M $170.9M $103.0M $67.90M
Gross Profit Margin 19.65% 18.56% 16.3% 15.07% 13.83% 13.0%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $308.8M $271.0M $154.4M $90.36M $63.57M $43.20M
YoY Change 13.93% 75.54% 70.88% 42.13% 47.16%
% of Gross Profit 41.91% 43.7% 49.24% 52.88% 61.75% 63.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.800M $11.25M $5.938M $3.852M $3.035M $2.670M
YoY Change -57.34% 89.49% 54.16% 26.9% 13.69%
% of Gross Profit 0.65% 1.81% 1.89% 2.25% 2.95% 3.93%
Operating Expenses $308.8M $271.0M $154.4M $90.36M $63.57M $48.50M
YoY Change 13.93% 75.54% 70.88% 42.13% 31.08%
Operating Profit $428.0M $349.2M $159.2M $80.52M $39.38M $19.40M
YoY Change 22.58% 119.36% 97.68% 104.47% 102.98%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense -$104.7M $32.00K $672.2K $870.9K $221.4K $600.0K
YoY Change -327237.5% -95.24% -22.82% 293.26% -63.09%
% of Operating Profit -24.46% 0.01% 0.42% 1.08% 0.56% 3.09%
Other Income/Expense, Net $12.77M $3.188M $2.889M
YoY Change 300.56% 10.37%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income $404.4M $356.2M $162.0M $84.51M $44.90M $23.30M
YoY Change 13.55% 119.78% 91.74% 88.24% 92.69%
Income Tax $96.48M $81.86M $27.45M $0.00 $0.00
% Of Pretax Income 23.86% 22.98% 16.94% 0.0% 0.0%
Net Earnings $295.9M $262.3M $121.1M $79.09M $39.19M $17.30M
YoY Change 12.8% 116.55% 53.15% 101.81% 126.54%
Net Earnings / Revenue 7.89% 7.85% 6.3% 6.98% 5.27% 3.31%
Basic Earnings Per Share $3.03 $2.67 $1.27 $0.00 $0.00
Diluted Earnings Per Share $2.79 $2.45 $1.27 $0.00 $0.00 $189.9K

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $494.1M $364.5M $227.2M $35.50M $44.00M $19.80M
YoY Change 35.56% 60.43% 540.08% -19.32% 122.22%
Cash & Equivalents $494.1M $364.5M $227.2M $35.50M $44.00M $19.80M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.440B $203.1M $104.9M $87.70M $90.70M $84.20M
Prepaid Expenses
Receivables $30.87M $43.49M $33.48M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.965B $611.1M $365.6M $123.2M $134.7M $104.0M
YoY Change 221.6% 67.15% 196.75% -8.54% 29.52%
Property, Plant & Equipment $27.32M $1.207B $988.1M $415.5M $293.0M $229.7M
YoY Change -97.74% 22.11% 137.8% 41.81% 27.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $262.6M $14.01M $15.97M $4.500M $8.400M $6.300M
YoY Change 1774.44% -12.27% 254.83% -46.43% 33.33%
Other Assets $54.31M $35.13M $58.33M $49.70M $24.70M $16.80M
YoY Change 54.62% -39.78% 17.36% 101.21% 47.02%
Total Long-Term Assets $597.2M $1.760B $1.529B $610.5M $380.2M $271.4M
YoY Change -66.07% 15.14% 150.39% 60.57% 40.09%
Total Assets $2.562B $2.371B $1.894B $733.7M $514.9M $375.4M
YoY Change
Accounts Payable $134.1M $134.7M $113.5M $37.40M $37.80M $31.90M
YoY Change -0.44% 18.68% 203.47% -1.06% 18.5%
Accrued Expenses $228.5M $208.7M $159.2M $81.80M $57.50M $62.50M
YoY Change 9.48% 31.11% 94.61% 42.26% -8.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $535.2M $489.1M $450.4M $178.6M $115.5M $106.2M
YoY Change 9.43% 8.59% 152.17% 54.63% 8.76%
Long-Term Debt $824.3M $966.2M $763.4M $319.9M $232.5M $177.8M
YoY Change -14.69% 26.57% 138.65% 37.59% 30.76%
Other Long-Term Liabilities $116.8M $115.1M $124.1M $23.20M $5.500M $0.00
YoY Change 1.45% -7.2% 434.73% 321.82%
Total Long-Term Liabilities $941.1M $1.081B $887.5M $343.1M $238.0M $177.8M
YoY Change -12.97% 21.85% 158.67% 44.16% 33.86%
Total Liabilities $1.489B $1.583B $1.362B $553.6M $383.9M $312.9M
YoY Change -5.94% 16.26% 146.02% 44.2% 22.69%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 93.07M shares 92.75M shares 92.52M 0.000 0.000
Diluted Shares Outstanding 106.0M shares 106.7M shares 95.31M 0.000 0.000
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $3.0081 Billion

About Dream Finders Homes, Inc.

Dream Finders Homes, Inc. engages in the business of designing, building, and selling homes in high-growth markets using asset-light lot acquisition strategy. The company is headquartered in Jacksonville, Florida and currently employs 1,236 full-time employees. The company went IPO on 2021-01-20. The firm builds single-family homes throughout the Southeast, Mid-Atlantic and Midwest, including Florida, Texas, North Carolina, South Carolina, Georgia, Tennessee, Colorado, and the Washington, D.C. metropolitan area, which comprises of Northern Virginia and Maryland. The firm has also expanded its operations in Charleston and Greenville, South Carolina, and Nashville, Tennessee. Through its financial services joint ventures, DFH also provides mortgage financing and title services to homebuyers. The company provides financial services operations that offers title insurance primarily through DF Title, LLC, doing business as Golden Dog Title & Trust and mortgage banking solutions primarily through its mortgage banking joint venture, Jet HomeLoans, LP. The firm sells homes under the Dream Finders Homes, DF Luxury, Craft Homes, and Coventry Homes brands.

Industry: Operative Builders Peers: BEAZER HOMES USA INC Green Brick Partners, Inc. CAVCO INDUSTRIES INC. Century Communities, Inc. HORTON D R INC /DE/ HOVNANIAN ENTERPRISES INC Landsea Homes Corp Legacy Housing Corp M/I HOMES, INC. Tri Pointe Homes, Inc.