Dream Finders Homes Inc (DFH)
Pretax margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 392,383 | 344,172 | 148,588 |
| Revenue | US$ in thousands | 3,748,590 | 3,342,340 | 1,923,910 |
| Pretax margin | 10.47% | 10.30% | 7.72% |
December 31, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $392,383K ÷ $3,748,590K
= 10.47%
The pretax margin of Dream Finders Homes Inc has been on a positive trend over the past three years, improving from 7.72% in 2021 to 10.47% in 2023. This indicates that the company has been able to effectively manage its expenses relative to its revenue before accounting for taxes. The consistent increase in pretax margin signifies improved operational efficiency and profitability, demonstrating the company's ability to generate more earnings on each dollar of sales. Overall, the upward trend in pretax margin reflects positively on Dream Finders Homes Inc's financial performance and management's efforts to optimize profitability.
Peer comparison
Dec 31, 2023