Dream Finders Homes Inc (DFH)
Fixed asset turnover
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Revenue | US$ in thousands | 4,451,610 | 3,748,590 | 3,342,340 | 1,923,910 |
| Property, plant and equipment | US$ in thousands | 26,317 | 7,043 | 7,337 | 6,789 |
| Fixed asset turnover | 169.15 | 532.24 | 455.55 | 283.39 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $4,451,610K ÷ $26,317K
= 169.15
Dream Finders Homes Inc's fixed asset turnover ratio has exhibited significant fluctuations over the years. It stood at 283.39 in December 31, 2021, indicating that the company generated $283.39 in sales for every $1 invested in fixed assets.
The ratio increased notably to 455.55 by December 31, 2022, suggesting a higher efficiency in utilizing fixed assets to generate revenue. This improvement continued into December 31, 2023, with a fixed asset turnover of 532.24, showcasing a further enhancement in asset utilization.
However, this positive trend took a downturn by December 31, 2024, as the fixed asset turnover dropped to 169.15. This decline may indicate a potential inefficiency in utilizing fixed assets to generate sales during that period.
Overall, the fluctuation in Dream Finders Homes Inc's fixed asset turnover ratio suggests varying levels of efficiency in utilizing its fixed assets to generate revenue over the years, with a particularly notable decline in performance by the end of 2024. Further analysis of the company's operations and investments in fixed assets may be necessary to understand the factors driving these fluctuations.
Peer comparison
Dec 31, 2024