Dream Finders Homes Inc (DFH)

Return on assets (ROA)

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net income	US$ in thousands	295,900	262,313	121,133
Total assets	US$ in thousands	2,562,440	2,371,140	1,894,250
ROA		11.55%	11.06%	6.39%

December 31, 2023 calculation

ROA = Net income ÷ Total assets
= $295,900K ÷ $2,562,440K
= 11.55%

Dream Finders Homes Inc's return on assets (ROA) has shown a positive trend over the past three years, increasing from 6.39% in 2021 to 11.55% in 2023. This indicates that the company is becoming more efficient in generating profits from its assets.

The ROA of 11.55% in 2023 suggests that for every dollar of assets the company owns, it generates a return of 11.55 cents in profit. This is a good sign for investors and stakeholders, as it reflects the effectiveness of the company in utilizing its assets to generate earnings.

Overall, the increasing trend in ROA indicates that Dream Finders Homes Inc is effectively managing its assets to create value for its shareholders, which could potentially lead to sustainable growth and profitability in the future.