Tri Pointe Homes, Inc. - Understand $tph stock

$TPH Market Cap: $3.951 Billion

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Financial Snapshot

Revenue

$4.499B

TTM

Gross Margin

23.69%

TTM

Net Earnings

$461.7M

TTM

Current Assets

$4.215B

Q3 2024

Current Liabilities

$523.3M

Q3 2024

Current Ratio

805.53%

Q3 2024

Total Assets

$4.779B

Q3 2024

Total Liabilities

$1.529B

Q3 2024

Book Value

$3.250B

Q3 2024

Cash

$676.0M

Q3 2024

P/E

8.559

Nov 29, 2024 EST

Free Cash Flow

$381.1M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$3.715B	$4.349B	$3.982B	$3.260B	$3.083B	$3.263B	$2.810B	$2.405B	$2.401B	$1.704B	$1.275B	$1.070B	$19.33M	$38.80M
YoY Change	-14.56%	9.2%	22.14%	5.76%	-5.51%	16.1%	16.84%	0.17%	40.94%	33.65%	19.1%	5437.31%	-50.18%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Revenue	$3.715B	$4.349B	$3.982B	$3.260B	$3.083B	$3.263B	$2.810B	$2.405B	$2.401B	$1.704B	$1.275B	$1.070B	$19.33M	$38.80M
Cost Of Revenue	$2.853B	$3.163B	$2.984B	$2.527B	$2.446B	$2.566B	$2.190B	$1.856B	$1.846B	$1.357B	$989.5M	$811.9M	$17.70M	$35.00M
Gross Profit	$861.7M	$1.186B	$998.4M	$733.2M	$637.5M	$697.2M	$619.8M	$549.2M	$554.9M	$346.3M	$55.08M	$13.94M	$1.600M	$3.800M
Gross Profit Margin	23.19%	27.27%	25.07%	22.49%	20.68%	21.37%	22.05%	22.83%	23.11%	20.33%	4.32%	1.3%	8.28%	9.79%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Selling, General & Admin	$402.4M	$387.5M	$379.4M	$349.4M	$352.3M	$342.3M	$274.8M	$252.0M	$237.0M	$186.0M	$168.8M	$153.6M	$6.173M	$3.800M
YoY Change	3.84%	2.14%	8.58%	-0.82%	2.92%	24.55%	9.05%	6.32%	27.47%	10.19%	9.87%	2388.34%	62.45%
% of Gross Profit	46.7%	32.68%	38.0%	47.66%	55.26%	49.1%	44.34%	45.89%	42.72%	53.7%	306.39%	1102.06%	385.81%	100.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$26.85M	$28.01M	$32.42M	$29.50M	$28.40M	$29.10M	$3.500M	$3.087M	$8.274M	$11.42M	$13.49M	$11.80M	$758.0K	$1.500M
YoY Change	-4.13%	-13.61%	9.91%	3.88%	-2.41%	731.34%	13.38%	-62.69%	-27.57%	-15.32%	14.33%	1456.46%	-49.47%
% of Gross Profit	3.12%	2.36%	3.25%	4.02%	4.45%	4.17%	0.56%	0.56%	1.49%	3.3%	24.49%	84.65%	47.38%	39.47%
Operating Expenses	$433.7M	$387.5M	$379.4M	$349.4M	$352.3M	$342.3M	$274.8M	$252.0M	$237.0M	$186.0M	$168.8M	$153.6M	$6.173M	$3.800M
YoY Change	11.92%	2.14%	8.58%	-0.82%	2.92%	24.55%	9.05%	6.32%	27.47%	10.19%	9.87%	2388.34%	62.45%
Operating Profit	$428.0M	$746.5M	$605.0M	$366.5M	$253.9M	$353.2M	$343.6M	$296.0M	$314.9M	$147.2M	-$239.9M	$98.72M	-$4.573M	$0.00
YoY Change	-42.67%	23.38%	65.08%	44.37%	-28.13%	2.78%	16.11%	-6.01%	113.85%	-161.38%	-343.03%	-2258.65%	-163674045371733400.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Interest Expense	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$2.731M	$3.593M	$4.979M
YoY Change									-100.0%	-23.99%	-27.84%
% of Operating Profit	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	1.85%		5.04%
Other Income/Expense, Net	$39.45M	$2.307M	$525.0K	-$8.978M	$6.857M	-$419.0K	$151.0K	$312.0K	$858.0K	-$1.019M	$2.450M	-$1.576M	-$20.00K	-$1.100M
YoY Change	1609.84%	339.43%	-105.85%	-230.93%	-1736.52%	-377.48%	-51.6%	-63.64%	-184.2%	-141.59%	-255.46%	7780.0%	-98.18%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Pretax Income	$467.4M	$773.2M	$625.7M	$373.4M	$271.1M	$362.1M	$339.8M	$302.2M	$319.3M	$128.0M	-$237.5M	$99.63M	-$4.593M	-$1.100M
YoY Change	-39.56%	23.58%	67.57%	37.73%	-25.13%	6.55%	12.44%	-5.34%	149.49%	-153.89%	-338.34%	-2269.15%	317.55%
Income Tax	$118.2M	$190.8M	$156.4M	$91.17M	$63.90M	$90.55M	$152.3M	$106.1M	$112.1M	$43.77M	-$86.16M	$38.91M	$0.00	$0.00
% Of Pretax Income	25.28%	24.68%	25.0%	24.42%	23.57%	25.01%	44.81%	35.1%	35.11%	34.2%		39.05%
Net Earnings	$343.7M	$576.1M	$469.3M	$282.2M	$207.2M	$269.9M	$187.2M	$195.2M	$205.5M	$84.20M	-$149.5M	$61.48M	-$4.593M	-$1.100M
YoY Change	-40.34%	22.76%	66.28%	36.21%	-23.24%	44.19%	-4.09%	-5.01%	144.02%	-156.34%	-343.09%	-1438.58%	317.55%
Net Earnings / Revenue	9.25%	13.25%	11.78%	8.66%	6.72%	8.27%	6.66%	8.11%	8.56%	4.94%	-11.72%	5.74%	-23.76%	-2.84%
Basic Earnings Per Share	$3.48	$5.60	$4.16	$2.18	$1.47	$1.82	$1.21	$1.21	$1.27	$0.58	-$1.15	$0.47	-$0.36
Diluted Earnings Per Share	$3.45	$5.54	$4.12	$2.17	$1.47	$1.81	$1.21	$1.21	$1.27	$0.58	-$1.15	$0.47	-$0.36	-$34.81K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Cash & Short-Term Investments	$869.0M	$889.7M	$681.5M	$621.3M	$329.0M	$277.7M	$282.9M	$208.7M	$214.5M	$170.6M	$4.500M	$19.80M	$10.20M	$11.70M
YoY Change	-2.33%	30.54%	9.69%	88.84%	18.47%	-1.84%	35.55%	-2.7%	25.73%	3691.11%	-77.27%	94.12%	-12.82%
Cash & Equivalents	$869.0M	$889.7M	$681.5M	$621.3M	$329.0M	$277.7M	$282.9M	$208.7M	$214.5M	$170.6M	$4.500M	$19.80M	$10.20M	$11.70M
Short-Term Investments
Other Short-Term Assets	$8.462M	$20.47M	$11.80M	$15.00M	$24.10M	$32.00M	$13.00M	$24.50M	$14.50M	$29.10M	$8.600M
YoY Change	-58.66%	73.53%	-21.35%	-37.76%	-24.69%	146.15%	-46.94%	68.97%	-50.17%	238.37%
Inventory	$3.337B	$3.174B	$3.055B	$2.910B	$3.065B	$3.216B	$3.106B	$2.911B	$2.519B	$2.280B	$1.466B	$194.1M	$82.00M	$14.10M
Prepaid Expenses
Receivables	$224.6M	$113.1M	$53.10M	$16.60M	$29.30M	$14.00M	$89.80M	$35.60M	$32.90M	$9.800M	$8.600M	$500.0K	$100.0K	$2.100M
Other Receivables	$0.00	$56.37M	$63.90M	$47.00M	$40.00M	$37.60M	$35.80M	$46.90M	$10.80M	$21.00M	$51.80M	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.431B	$4.253B	$3.865B	$3.610B	$3.488B	$3.577B	$3.527B	$3.226B	$2.792B	$2.511B	$1.539B	$214.4M	$92.30M	$27.90M
YoY Change	4.18%	10.05%	7.07%	3.5%	-2.5%	1.43%	9.32%	15.56%	11.2%	63.14%	617.82%	132.29%	230.82%
Property, Plant & Equipment	$66.40M	$63.92M	$73.73M	$48.80M	$50.90M
YoY Change	3.89%	-13.3%	51.08%	-4.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$131.8M	$129.8M	$118.1M	$75.10M	$11.70M	$5.400M	$5.900M	$17.50M	$19.00M	$16.80M	$20.90M
YoY Change	1.53%	9.94%	57.25%	541.88%	116.67%	-8.47%	-66.29%	-7.89%	13.1%	-19.62%
Other Assets	$38.00M	$41.37M	$62.51M	$50.60M	$54.20M	$70.20M	$79.80M	$125.3M	$132.8M	$157.8M	$289.0M	$0.00
YoY Change	-8.15%	-33.82%	23.53%	-6.64%	-22.79%	-12.03%	-36.31%	-5.65%	-15.84%	-45.4%
Total Long-Term Assets	$483.5M	$466.5M	$471.2M	$412.0M	$370.9M	$306.8M	$278.3M	$338.3M	$346.1M	$379.1M	$371.5M	$3.100M	$1.500M	$2.200M
YoY Change	3.65%	-0.99%	14.36%	11.08%	20.89%	10.24%	-17.74%	-2.25%	-8.7%	2.05%	11883.87%	106.67%	-31.82%
Total Assets	$4.915B	$4.720B	$4.336B	$4.022B	$3.859B	$3.884B	$3.805B	$3.565B	$3.138B	$2.890B	$1.911B	$217.5M	$93.80M	$30.10M
YoY Change
Accounts Payable	$64.83M	$62.32M	$84.85M	$79.70M	$66.10M	$81.30M	$72.90M	$70.30M	$64.80M	$68.90M	$59.70M	$7.800M	$3.200M	$500.0K
YoY Change	4.03%	-26.55%	6.47%	20.57%	-18.7%	11.52%	3.7%	8.49%	-5.95%	15.41%	665.38%	143.75%	540.0%
Accrued Expenses	$453.5M	$364.3M	$357.9M	$296.7M	$286.8M	$265.2M	$258.0M	$224.7M	$171.9M	$128.0M	$125.8M	$3.200M	$1.200M	$1.300M
YoY Change	24.49%	1.8%	20.61%	3.45%	8.14%	2.79%	14.82%	30.72%	34.3%	1.75%	3831.25%	166.67%	-7.69%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due							$0.00	$13.70M	$2.400M	$14.70M
YoY Change							-100.0%	470.83%	-83.67%
Total Short-Term Liabilities	$518.4M	$486.1M	$533.0M	$433.6M	$375.2M	$378.9M	$388.8M	$330.7M	$260.1M	$241.5M	$1.050B	$11.00M	$4.400M	$1.800M
YoY Change	6.63%	-8.79%	22.91%	15.57%	-0.98%	-2.55%	17.57%	27.14%	7.7%	-77.0%	9446.36%	150.0%	144.44%
Long-Term Debt	$1.383B	$1.378B	$1.338B	$1.343B	$1.284B	$1.411B	$1.471B	$1.368B	$1.168B	$1.124B	$0.00	$57.40M	$6.900M	$3.500M
YoY Change	0.33%	3.01%	-0.39%	4.6%	-8.99%	-4.11%	7.53%	17.14%	3.94%		-100.0%	731.88%	97.14%
Other Long-Term Liabilities	$12.43M	$19.22M	$17.91M	$12.80M	$12.90M	$37.50M	$15.00M	$17.10M	$23.30M	$52.10M	$34.80M
YoY Change	-35.33%	7.33%	39.91%	-0.78%	-65.6%	150.0%	-12.28%	-26.61%	-55.28%	49.71%
Total Long-Term Liabilities	$1.383B	$1.397B	$1.356B	$1.356B	$1.297B	$1.448B	$1.486B	$1.385B	$1.191B	$1.176B	$34.80M	$57.40M	$6.900M	$3.500M
YoY Change	-1.05%	3.07%	-0.01%	4.54%	-10.45%	-2.56%	7.28%	16.28%	1.32%	3279.02%	-39.37%	731.88%	97.14%
Total Liabilities	$1.904B	$1.888B	$1.889B	$1.789B	$1.672B	$1.827B	$1.876B	$1.735B	$1.473B	$1.436B	$1.113B	$68.40M	$11.30M	$5.200M
YoY Change	0.85%	-0.06%	5.54%	7.01%	-8.49%	-2.58%	8.1%	17.77%	2.63%	28.95%	1527.78%	505.31%	117.31%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
Basic Shares Outstanding	98.68M shares	102.9M shares	112.8M shares	129.4M shares	140.9M shares	148.2M shares	154.1M shares	160.9M shares	161.7M shares	145.0M shares	129.7M	129.7M	12.68M shares
Diluted Shares Outstanding	99.70M shares	104.0M shares	113.8M shares	130.0M shares	141.4M shares	149.0M shares	155.1M shares	161.4M shares	162.3M shares	145.5M shares	129.7M	129.7M	12.68M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $3.9514 Billion

About Tri Pointe Homes, Inc.

Tri Pointe Homes, Inc. designs, constructs, and sells single-family homes and condominiums. The company is headquartered in Incline Village, Nevada and currently employs 1,438 full-time employees. The company went IPO on 2013-01-31. The company offers its services across ten states, including Arizona, California, Colorado, Maryland, Nevada, North Carolina, South Carolina, Texas, Virginia and Washington, and the District of Columbia. The firm operates through two businesses: homebuilding and financial services. Its three homebuilding segments include West Region, which includes Arizona, California, Nevada, and Washington; Central Region, which includes Colorado and Texas, and East Region, which includes the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. Its Tri Pointe Solutions financial services operation comprises its Tri Pointe Connect mortgage financing operations, its Tri Pointe Assurance title and escrow services operations, and its Tri Pointe Advantage property and casualty insurance agency operations.

Industry: Operative Builders Peers: Green Brick Partners, Inc. CAVCO INDUSTRIES INC. Century Communities, Inc. Dream Finders Homes, Inc. HORTON D R INC /DE/ Installed Building Products, Inc. KB HOME LGI Homes, Inc. M/I HOMES, INC. M.D.C. HOLDINGS, INC.