Dream Finders Homes Inc (DFH)

Operating return on assets (Operating ROA)

		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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Operating income (ttm)	US$ in thousands	1,118,821	421,395	425,458	427,637	410,498	381,769	363,778	356,981	307,293	249,813	188,960	148,087
Total assets	US$ in thousands	3,324,660	2,985,200	2,716,930	2,562,440	2,384,050	2,288,230	2,308,800	2,371,140	2,287,260	2,112,790	1,992,470	1,894,250	1,232,580	932,282	866,722
Operating ROA		33.65%	14.12%	15.66%	16.69%	17.22%	16.68%	15.76%	15.06%	13.43%	11.82%	9.48%	7.82%

September 30, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $1,118,821K ÷ $3,324,660K
= 33.65%

Dream Finders Homes Inc's operating return on assets (operating ROA) has shown a positive trend over the recent quarters. The operating ROA increased steadily from 7.82% in December 2021 to 33.65% in September 2024, indicating improving efficiency in generating operating income from its assets. This suggests that the company has been effectively utilizing its assets to generate profits from its core operations.

The consistent increase in operating ROA reflects management's ability to optimize the company's asset base and operational efficiency. It signifies that Dream Finders Homes Inc is generating higher operating income in relation to its total assets, which is a positive indicator of financial health and operational effectiveness.

Overall, the upward trend in operating ROA demonstrates the company's improving profitability and operational performance, indicating a positive outlook for Dream Finders Homes Inc based on this particular financial metric.