Dream Finders Homes Inc (DFH)
Net profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Net income | US$ in thousands | 335,341 | 295,900 | 262,313 | 121,133 |
Revenue | US$ in thousands | 4,451,610 | 3,748,590 | 3,342,340 | 1,923,910 |
Net profit margin | 7.53% | 7.89% | 7.85% | 6.30% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $335,341K ÷ $4,451,610K
= 7.53%
Based on the data provided, the net profit margin of Dream Finders Homes Inc has shown a positive trend over the years. The company's net profit margin stood at 6.30% as of December 31, 2021, reflecting the company's ability to convert revenue into profits.
Subsequently, the net profit margin improved to 7.85% by December 31, 2022, indicating an enhancement in the company's profitability. This upward trajectory continued in the following years, reaching 7.89% by December 31, 2023, and remaining relatively stable at 7.53% by December 31, 2024.
The successive increase in the net profit margin suggests that Dream Finders Homes Inc has been effectively managing its expenses and operations while generating higher profits relative to its revenue. This trend indicates the company's efficient cost control measures and potential for sustained profitability in the future.
Peer comparison
Dec 31, 2024