Dream Finders Homes Inc (DFH)
Total asset turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 4,451,170 | 4,028,420 | 3,917,380 | 3,806,969 | 3,748,589 | 3,710,059 | 3,599,898 | 3,447,693 | 3,342,339 | 3,094,959 | 2,672,274 | 2,244,416 | 1,923,910 |
| Total assets | US$ in thousands | 3,328,650 | 3,324,660 | 2,985,200 | 2,716,930 | 2,562,440 | 2,384,050 | 2,288,230 | 2,308,800 | 2,371,140 | 2,287,260 | 2,112,790 | 1,992,470 | 1,894,250 |
| Total asset turnover | 1.34 | 1.21 | 1.31 | 1.40 | 1.46 | 1.56 | 1.57 | 1.49 | 1.41 | 1.35 | 1.26 | 1.13 | 1.02 |
December 31, 2024 calculation
Total asset turnover = Revenue (ttm) ÷ Total assets
= $4,451,170K ÷ $3,328,650K
= 1.34
Total asset turnover is a financial ratio that measures a company's ability to generate revenue in relation to its total assets. For Dream Finders Homes Inc, we observed fluctuations in the total asset turnover ratio over the period from December 31, 2021, to December 31, 2024.
From December 2021 to June 2023, there was a consistent increase in the total asset turnover ratio, indicating that the company was becoming more efficient in generating revenue from its assets. The ratio improved from 1.02 to 1.57 over this period, suggesting that Dream Finders Homes Inc was utilizing its assets more effectively to drive sales.
However, from June 2023 onwards, we see a fluctuation and a subsequent decline in the total asset turnover ratio. The ratio reached its peak at 1.57 in June 2023 but then started to decrease, reaching 1.34 by December 2024. This downward trend could imply that the company's ability to generate revenue from its assets may have weakened or that there were changes in the company's asset base or revenue generation strategies.
Overall, the total asset turnover ratio for Dream Finders Homes Inc shows a mixed performance, with initial improvements in asset utilization efficiency followed by a decline in the later period. Further analysis of the company's operations, asset management, and revenue generation strategies could provide insights into the factors driving these fluctuations in the total asset turnover ratio.
Peer comparison
Dec 31, 2024