Dream Finders Homes Inc (DFH)

Gross profit margin

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
Gross profit (ttm) US$ in thousands 2,697,723 1,492,722 774,283 753,857 736,773 691,177 651,846 627,074 620,196 569,894 482,278 386,253 313,578
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
Gross profit margin 60.61% 37.05% 19.77% 19.80% 19.65% 18.63% 18.11% 18.19% 18.56% 18.41% 18.05% 17.21% 16.30%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,697,723K ÷ $4,451,170K
= 60.61%

The gross profit margin of Dream Finders Homes Inc has shown a fluctuating trend over the period from December 31, 2021, to December 31, 2024. Starting at 16.30% in December 2021, the gross profit margin increased gradually to 18.56% by December 2022. However, there was a slight dip in the following quarter to 18.19%.

In the subsequent periods, the gross profit margin remained relatively stable, fluctuating around the 18% mark. Notably, there was a significant increase in the gross profit margin to 37.05% in September 2024, followed by a substantial surge to 60.61% by December 31, 2024.

Overall, the trend indicates some variability in the gross profit margin, with periods of both gradual increases and sudden spikes. It would be essential to further investigate the reasons behind these fluctuations to understand the company's operational efficiency and profitability dynamics.