Dream Finders Homes Inc (DFH)
Return on assets (ROA)
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
---|---|---|---|---|---|
Net income | US$ in thousands | 335,341 | 295,900 | 262,313 | 121,133 |
Total assets | US$ in thousands | 3,328,650 | 2,562,440 | 2,371,140 | 1,894,250 |
ROA | 10.07% | 11.55% | 11.06% | 6.39% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $335,341K ÷ $3,328,650K
= 10.07%
Dream Finders Homes Inc's return on assets (ROA) has shown positive trends over the years, increasing from 6.39% as of December 31, 2021, to 11.06% as of December 31, 2022, and further to 11.55% as of December 31, 2023. This indicates that the company has been effectively utilizing its assets to generate profits during this period.
However, there was a slight decrease in ROA to 10.07% as of December 31, 2024, compared to the previous year. Although the ROA decreased, it is still at a relatively healthy level, suggesting that Dream Finders Homes Inc remains efficient in generating earnings from its assets.
Overall, the upward trend in ROA in the earlier years followed by a minor decline in the most recent year indicates the company's ability to achieve profitability from its asset base, although it may be worth assessing the factors that led to the slight decrease in ROA in 2024 to ensure sustained efficiency in asset utilization going forward.
Peer comparison
Dec 31, 2024