Dream Finders Homes Inc (DFH)
Operating profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 422,289 | 351,119 | 146,276 |
| Revenue | US$ in thousands | 3,748,590 | 3,342,340 | 1,923,910 |
| Operating profit margin | 11.27% | 10.51% | 7.60% |
December 31, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $422,289K ÷ $3,748,590K
= 11.27%
Dream Finders Homes Inc's operating profit margin has shown a positive trend over the past three years, increasing from 7.60% in 2021 to 11.27% in 2023. This improvement indicates that the company has been able to effectively control its operating expenses relative to its revenue, resulting in better profitability. The steady growth in operating profit margin suggests that Dream Finders Homes Inc's operational efficiency has been improving, which can be a positive sign for investors, showing the company's ability to generate profits from its core business activities. Overall, the consistent increase in operating profit margin reflects positively on the company's financial performance and management effectiveness.
Peer comparison
Dec 31, 2023