Loading…
Dream Finders Homes, Inc., through its subsidiary, Dream Finders Homes LLC, engages in the homebuilding business in the United States. It operates through four segments: Southeast, Mid-Atlantic, Midwest, and Financial Services. The company designs, builds, constructs, and sells single-family homes, such as entry-level, first and second time move-up, and active adult and custom homes. It markets its homes under various brands, including Dream Finders Homes, DF Luxury, Reverie Active Adult Lifestyle by Dream Finders Homes, Craft Homes and Coventry Homes. The company also provides insurance agency services, including closing, escrow, and title insurance, as well as mortgage banking solutions. It sells its homes through its sales representatives and independent real estate brokers. The company was founded in 2008 and is headquartered in Jacksonville, Florida.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $4.3B | $299M | $217M | $-126M | 15.2% | -2.9% | -35.2% |
| 2024 | $4.4B | $450M | $335M | $-282M | 26.9% | 18.7% | 13.3% |
| 2023 | $3.7B | $446M | $296M | $369M | 32.0% | 12.2% | 12.8% |
| 2022 | $3.3B | $366M | $262M | $-33M | 41.5% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,342.34 | 3,748.59 | 4,449.85 | 4,322.85 |
| Cost Of Revenue | - | 2,727.11 | 3,017.82 | 3,621.92 | 3,568.08 |
| Gross Profit | - | 615.22 | 730.77 | 827.93 | 754.77 |
| Operating Expense | - | 266.06 | 302.79 | 395.10 | 485.21 |
| Operating Income | - | 349.16 | 427.98 | 432.83 | 269.55 |
| EBITDA | - | 366.25 | 445.87 | 450.05 | 298.71 |
| EBIT | - | 349.16 | 427.98 | 432.83 | 269.55 |
| Pretax Income | - | 356.16 | 404.42 | 437.85 | 284.10 |
| Tax Provision | - | 81.86 | 96.48 | 97.27 | 66.70 |
| Net Income | - | 262.31 | 295.90 | 335.34 | 217.20 |
| Net Income Common Stockholders | - | 247.80 | 282.42 | 321.84 | 203.70 |
| Total Expenses | - | 2,993.18 | 3,320.61 | 4,017.02 | 4,053.29 |
| Interest Expense | 0.67 | 0.03 | - | - | - |
| Selling General And Administration | - | 266.06 | 302.79 | 395.10 | 485.21 |
| Normalized EBITDA | - | 377.30 | 492.46 | 463.99 | 288.89 |
| Normalized Income | - | 270.82 | 331.35 | 346.19 | 209.68 |
| Market Cap | 1,395.80 | 1,395.80 | 1,395.80 | 1,395.80 | 1,395.80 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Dream Finders Homes, Inc.this co. | DFH | $1.5B | 6.43↓ discount | 0.98 | 15.2% | 9.26 |
| Kohl's Corporation | KSS | $1.6B | 6.06 | 0.41 | 6.7% | 5.74 |
| Interface, Inc. | TILE | $1.6B | 14.14 | 2.56 | 18.1% | 9.32 |
| Leggett & Platt, Incorporated | LEG | $1.6B | 6.57 | 1.51 | 23.0% | 5.39 |
| Sally Beauty Holdings, Inc. | SBH | $1.5B |
| - |
| - |
| - |
| - |
| - |
| - |
| 7.40 |
| 1.83 |
| 24.7% |
| 6.70 |
| La-Z-Boy Incorporated | LZB | $1.5B | 14.67 | 1.43 | 9.8% | 5.98 |
| The RealReal, Inc. | REAL | $1.4B | - | -3.35 | 10.1% | 190.91 |
| Tripadvisor, Inc. | TRIP | $1.4B | 32.71 | 2.03 | 6.2% | 7.61 |
| The Wendy's Company | WEN | $1.4B | 8.24 | 11.59 | 140.6% | 9.92 |
| Peer Median | - | 8.24 | 1.67 | 14.1% | 7.15 | |