Dream Finders Homes Inc (DFH)
Return on equity (ROE)
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 295,900 | 262,313 | 121,133 |
| Total stockholders’ equity | US$ in thousands | 924,584 | 800,693 | 556,383 |
| ROE | 32.00% | 32.76% | 21.77% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $295,900K ÷ $924,584K
= 32.00%
Dream Finders Homes Inc's return on equity (ROE) has shown a positive trend over the past three years. In 2021, the ROE was 21.77%, which increased to 32.76% in 2022 and remained stable at 32.00% in 2023. This indicates that the company is effectively generating profits from shareholders' equity. A consistently high ROE demonstrates efficient utilization of equity capital to generate earnings. Dream Finders Homes Inc's ability to maintain a ROE above 20% indicates strong profitability and efficient management of assets to generate returns for shareholders. Overall, the company's ROE performance reflects positively on its financial health and management efficiency.
Peer comparison
Dec 31, 2023