Tri Pointe Homes, Inc. engages in the design, construction, and sales of single-family attached and detached homes in the United States. The company operates in two segments, Homebuilding and Financial Services. It operates active selling communities and owns or controls lots. The company sells its homes through its own sales representatives and independent real estate brokers. It also offers financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services. The company was formerly known as TRI Pointe Group, Inc. and changed its name to Tri Pointe Homes, Inc. in January 2021. Tri Pointe Homes, Inc. was founded in 2009 and is based in Incline Village, Nevada.
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 | $3.5B | $332M | $241M | $129M | 7.3% | -22.8% | -47.4% |
| 2024 | $4.5B | $608M | $458M | $673M | 13.7% | 20.9% | 33.3% |
| 2023 | $3.7B | $455M | $344M | $170M | 11.4% | -14.6% | -40.3% |
| 2022 | $4.3B | $799M | $576M | $401M | 20.3% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 4,348.53 | 3,715.20 | 4,492.87 | 3,470.70 |
| Cost Of Revenue | - | 3,187.79 | 2,881.92 | 3,440.39 | 2,741.86 |
| Gross Profit | - | 1,160.74 | 833.29 | 1,052.48 | 728.84 |
| Operating Expense | - | 390.19 | 405.28 | 475.62 | 427.03 |
| Operating Income | - | 770.55 | 428.01 | 576.87 | 301.81 |
| EBITDA | - | 798.56 | 454.86 | 607.88 | 332.08 |
| EBIT | - | 770.55 | 428.01 | 576.87 | 301.81 |
| Pretax Income | - | 773.21 | 467.36 | 616.87 | 333.78 |
| Tax Provision | - | 190.80 | 118.16 | 158.90 | 92.78 |
| Net Income | - | 576.06 | 343.70 | 458.03 | 241.09 |
| Net Income Common Stockholders | - | 576.06 | 343.70 | 458.03 | 241.09 |
| Total Expenses | - | 3,577.99 | 3,287.19 | 3,916 | 3,168.89 |
| Selling General And Administration | - | 387.51 | 402.38 | 472.56 | 423.85 |
| Normalized EBITDA | - | 798.56 | 454.86 | 607.88 | 332.08 |
| Normalized Income | - | 576.06 | 343.70 | 458.03 | 241.09 |
| Market Cap | 3,992.86 | 3,992.86 | 3,992.86 | 3,992.86 | 3,992.86 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Tri Pointe Homes, Inc.this co. | TPH | $4.1B | 16.56 | 1.20 | 7.3% | 12.93 |
| Reynolds Consumer Products Inc. | REYN | $4.4B | 14.74 | 1.97 | 13.4% | 9.48 |
| Cavco Industries, Inc. | CVCO | $4.4B | 24.49 | 3.93 | 16.1% | 16.73 |
| Victoria's Secret & Co. | VSCO | $4.2B | 26.38 | 4.96 | 18.8% | 12.74 |
| Group 1 Automotive, Inc. | GPI | $4.2B |
| - |
| - |
| - |
| - |
| - |
| 12.46 |
| 1.45 |
| 11.7% |
| 11.56 |
| Shake Shack Inc. | SHAK | $4.1B | 96.19 | 8.37 | 8.7% | 26.91 |
| Kontoor Brands, Inc. | KTB | $4.0B | 17.77 | 7.16 | 40.3% | 12.97 |
| Asbury Automotive Group, Inc. | ABG | $4.0B | 7.96 | 1.01 | 12.6% | 9.75 |
| Academy Sports and Outdoors, Inc. | ASO | $3.8B | 9.79 | 1.70 | 17.4% | 8.14 |
| Peer Median | - | 16.26 | 2.95 | 14.7% | 12.15 | |