Dream Finders Homes Inc (DFH)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 432,613 | 392,383 | 344,172 | 148,588 |
| Revenue | US$ in thousands | 4,451,610 | 3,748,590 | 3,342,340 | 1,923,910 |
| Pretax margin | 9.72% | 10.47% | 10.30% | 7.72% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $432,613K ÷ $4,451,610K
= 9.72%
The pretax margin of Dream Finders Homes Inc has shown a positive trend over the four-year period from December 31, 2021, to December 31, 2024. Starting at 7.72% in 2021, the pretax margin increased to 10.30% in 2022, further rising to 10.47% in 2023. However, there was a slight decrease in the pretax margin to 9.72% in 2024.
This trend indicates that Dream Finders Homes Inc has been effectively managing its operating expenses relative to its revenue, resulting in a higher proportion of income before taxes. The improvement in pretax margin reflects the company's ability to enhance operational efficiency and profitability over the years, although the slight decline in 2024 may warrant further analysis to understand the factors contributing to this decrease.
Peer comparison
Dec 31, 2024