Dream Finders Homes Inc (DFH)

Return on assets (ROA)

		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	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Net income (ttm)	US$ in thousands	308,038	313,484	301,305	295,900	280,282	273,826	267,686	262,313	233,284	182,778	148,727	121,132
Total assets	US$ in thousands	3,324,660	2,985,200	2,716,930	2,562,440	2,384,050	2,288,230	2,308,800	2,371,140	2,287,260	2,112,790	1,992,470	1,894,250	1,232,580	932,282	866,722
ROA		9.27%	10.50%	11.09%	11.55%	11.76%	11.97%	11.59%	11.06%	10.20%	8.65%	7.46%	6.39%

September 30, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $308,038K ÷ $3,324,660K
= 9.27%

Dream Finders Homes Inc's return on assets (ROA) has shown a general increasing trend over the past few quarters, indicating improved efficiency in generating profits from its assets. The ROA increased from 6.39% in December 2021 to 9.27% in September 2024. This suggests that the company has been able to generate more earnings relative to its total assets over time.

Higher ROA values suggest that Dream Finders Homes Inc is utilizing its assets effectively to generate profits. The upward trend in ROA may indicate improved operational efficiency, better asset utilization, or an increase in profitability. Investors and stakeholders may view this positive trend favorably as it reflects the company's ability to generate greater returns on its investments in assets. It is important to monitor ROA trends over time to assess the company's overall financial performance and efficiency.