Dream Finders Homes Inc (DFH)
Pretax margin
| Dec 31, 2024 | 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 | 432,613 | 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 | 4,451,170 | 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 | 9.72% | 9.87% | 10.38% | 10.38% | 10.47% | 10.18% | 9.93% | 10.16% | 10.30% | 9.63% | 9.02% | 8.39% | 7.72% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $432,613K ÷ $4,451,170K
= 9.72%
The pretax margin of Dream Finders Homes Inc has shown a gradual increase from 7.72% as of December 31, 2021, to 9.72% as of December 31, 2024, with fluctuations along the way. The margin peaked at 10.47% on December 31, 2023. Despite some ups and downs, the trend demonstrates an overall improvement in the company's ability to generate profits before accounting for taxes on its operating income. The variation in pretax margin over time may indicate changes in the company's cost structure, operating efficiency, pricing strategies, or overall financial health. However, the dip in pretax margin in the most recent period ending December 31, 2024, to 9.72% could warrant further investigation to understand the factors contributing to this decrease.
Peer comparison
Dec 31, 2024