Dream Finders Homes Inc (DFH)
Pretax margin
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 397,687 | 406,511 | 395,293 | 392,383 | 377,565 | 357,322 | 350,303 | 344,172 | 297,910 | 241,144 | 188,245 | 148,588 |
| Revenue (ttm) | US$ in thousands | 4,028,420 | 3,917,380 | 3,806,969 | 3,748,589 | 3,710,059 | 3,599,898 | 3,447,693 | 3,342,339 | 3,094,959 | 2,672,274 | 2,244,416 | 1,923,910 |
| Pretax margin | 9.87% | 10.38% | 10.38% | 10.47% | 10.18% | 9.93% | 10.16% | 10.30% | 9.63% | 9.02% | 8.39% | 7.72% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $397,687K ÷ $4,028,420K
= 9.87%
Dream Finders Homes Inc's pretax margin has shown a generally stable trend over the past four years, fluctuating between 7.72% in December 2021 and 10.47% in December 2023. The company's pretax margin for the most recent quarter, September 2024, stands at 9.87%.
Although the pretax margin has exhibited some variability, it has mostly stayed above 9% over the past year, indicating that the company has been able to effectively manage its operating expenses relative to its revenue. This suggests a consistent level of efficiency in generating profits before accounting for taxes.
It is important for Dream Finders Homes Inc to continue monitoring and managing its costs to sustain or potentially improve its pretax margin in the future. Keeping the pretax margin stable or increasing it would indicate the company's ability to maintain profitability despite potential challenges in the housing market or broader economic conditions.
Peer comparison
Sep 30, 2024