Dream Finders Homes Inc (DFH)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Operating income | US$ in thousands | 422,289 | 351,119 | 146,276 |
| Total assets | US$ in thousands | 2,562,440 | 2,371,140 | 1,894,250 |
| Operating ROA | 16.48% | 14.81% | 7.72% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $422,289K ÷ $2,562,440K
= 16.48%
Dream Finders Homes Inc's operating return on assets (ROA) has demonstrated a positive trend over the past three years, reflecting efficient operational performance and asset utilization. The operating ROA increased from 7.72% in 2021 to 14.81% in 2022, and further improved to 16.48% in 2023. This upward trajectory suggests that the company has been effectively generating operating income relative to its total assets. The consistent growth in operating ROA indicates that Dream Finders Homes Inc has managed to enhance its operational efficiency and productivity, potentially leading to increased profitability and shareholder value. Overall, the improving trend in operating ROA reflects positively on the company's ability to effectively deploy its assets to generate operating profits.
Peer comparison
Dec 31, 2023