Dream Finders Homes Inc (DFH)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 295,900 | 262,313 | 121,133 |
| Revenue | US$ in thousands | 3,748,590 | 3,342,340 | 1,923,910 |
| Net profit margin | 7.89% | 7.85% | 6.30% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $295,900K ÷ $3,748,590K
= 7.89%
The net profit margin of Dream Finders Homes Inc has shown a consistent improvement over the past three years, demonstrating the company's ability to effectively control its expenses and generate profits from its operations. Starting at 6.30% in 2021, the net profit margin increased to 7.85% in 2022 and slightly further to 7.89% in 2023. This upward trend indicates a positive financial performance and efficiency in managing costs relative to its revenue. Dream Finders Homes Inc's ability to maintain and increase its net profit margin suggests effective cost management strategies and operational improvements that have contributed to the company's profitability.
Peer comparison
Dec 31, 2023