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DFH - Dream Finders Homes, Inc.

NASDAQ -> Consumer Cyclical -> Residential Construction
Jacksonville, United States
Type: Equity

DFH price evolution
DFH
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Current assets
Cash $296.63 $267.82 $548.46
Short term investments
Net receivables $30.2 $33 $28.21 $30.87
Inventory $2060.17 $1897.52 $1733.49 $1440.25
Total current assets $2295.28 $2205.32 $2001.13 $1965.27
Long term investments
Property, plant & equipment $43.49 $27.02 $28.26 $27.32
Goodwill & intangible assets $300.31 $305.07 $172.21
Total noncurrent assets
Total investments $20.56 $17.69 $15.36
Total assets $3324.66 $2985.2 $2716.93 $2562.44
Current liabilities
Accounts payable $168.98 $180.86 $144.47 $134.12
Deferred revenue
Short long term debt
Total current liabilities $505.36 $510.68 $448.41 $535.19
Long term debt $1285.92 $1185.44 $1004.53 $824.3
Total noncurrent liabilities
Total debt $1204.56 $1025.37 $845.42
Total liabilities $2061.09 $1763.67 $1565.89 $1476.29
Shareholders' equity
Retained earnings $844.38 $777.1 $699.53 $648.41
Other shareholder equity
Total shareholder equity $1047.49 $968.71 $1073.08
(in millions $) 31 Dec 2023 31 Jan 2023 31 Dec 2021 31 Dec 2020
Current assets
Cash $548.46 $395.13 $281.32 $85.21
Short term investments
Net receivables $30.87 $43.49 $33.48
Inventory $1440.25 $203.08 $1066.66 $484.37
Total current assets $1965.27 $611.1 $365.59 $635.85
Long term investments
Property, plant & equipment $27.32 $1206.53 $26.29 $18.86
Goodwill & intangible assets $172.21 $177.21 $181.07 $31.23
Total noncurrent assets $97.83
Total investments $15.36 $14.01 $15.97 $4.55
Total assets $2562.44 $2371.14 $1894.25 $733.68
Current liabilities
Accounts payable $134.12 $134.7 $113.5 $37.42
Deferred revenue
Short long term debt
Total current liabilities $535.19 $489.07 $450.38 $521.66
Long term debt $824.3 $966.25 $763.43 $319.9
Total noncurrent liabilities $76.23
Total debt $845.42 $990.91 $783.26 $334.29
Total liabilities $1476.29 $1583.41 $1337.86 $521.66
Shareholders' equity
Retained earnings $648.41 $365.99 $118.19
Other shareholder equity $31.94
Total shareholder equity $1073.08 $787.72 $103.85
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Revenue
Total revenue $1006.87 $1055.75 $827.8 $1138
Cost of revenue $852.84 $678.64 $902.33
Gross Profit $239.42 $202.91 $149.16 $235.67
Operating activities
Research & development
Selling, general & administrative $98.93 $81.79 $94.36
Total operating expenses $105.28 $98.93 $81.79 $94.36
Operating income $103.98 $67.37 $141.31
Income from continuing operations
EBIT $106.01 $70.82 $135.43
Income tax expense $20.78 $23.25 $15.14 $30.48
Interest expense -$41.72
Net income
Net income $67.28 $82.76 $55.68 $104.95
Income (for common shares) $82.76 $55.68 $104.95
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $3748.59 $3342.34 $1923.91 $1133.81
Cost of revenue $3011.81 $2722.14 $1610.33 $962.93
Gross Profit $736.77 $620.2 $313.58 $170.88
Operating activities
Research & development
Selling, general & administrative $308.8 $271.04 $154.4 $90.79
Total operating expenses $308.8 $271.04 $154.32 $94.81
Operating income $427.98 $349.16 $159.26 $76.07
Income from continuing operations
EBIT $404.43 $356.19 $162.72 $85.38
Income tax expense $96.48 $81.86 $27.45
Interest expense $0.03 $0.67 $0.87
Net income
Net income $307.94 $274.3 $134.59 $84.51
Income (for common shares) $307.94 $274.3 $134.59 $84.51
(in millions $) 30 Oct 2024 30 Jun 2024 31 Mar 2024 31 Dec 2023
Net income $82.76 $55.68 $104.95
Operating activities
Depreciation $4.34 $4.03 $4.47
Business acquisitions & disposals -$1.9 -$183.98 $0.23
Stock-based compensation $5.06 $3.46 $3.81
Total cash flows from operations -$110.6 -$247.53 $219.47
Investing activities
Capital expenditures -$1.8 -$2.03 -$0.71
Investments
Total cash flows from investing -$197.54 -$3.7 -$186.01 -$0.48
Financing activities
Dividends paid -$10.13
Sale and purchase of stock -$3.85 -$10.46
Net borrowings $173.61 $179.9 -$25.16
Total cash flows from financing $445.03 $143.11 $152.91 -$33.84
Effect of exchange rate
Change in cash and equivalents -$315.61 $28.81 -$280.64 $185.16
(in millions $) 31 Dec 2023 31 Dec 2022 31 Dec 2021 31 Dec 2020
Net income $307.94 $274.3 $134.59 $84.51
Operating activities
Depreciation $17.9 $17.09 $9.85 $7.85
Business acquisitions & disposals -$0.07 -$0.13 -$519.46 -$16.83
Stock-based compensation $14.1 $6.8 $5.23 $0.95
Total cash flows from operations $374.23 -$27.62 $65.11 $95.34
Investing activities
Capital expenditures -$4.41 -$5.39 -$2.27 -$2.68
Investments -$1.31 $6.49
Total cash flows from investing -$4.48 -$5.52 -$523.04 -$13.03
Financing activities
Dividends paid
Sale and purchase of stock -$0.32 $143.63
Net borrowings -$147.25 $197.42 $439.12 -$31.62
Total cash flows from financing -$216.42 $146.96 $645.88 -$65.83
Effect of exchange rate
Change in cash and equivalents $153.33 $113.81 $187.95 $16.48
Fundamentals
Market cap $2.10B
Enterprise value N/A
Shares outstanding 93.48M
Revenue $4.03B
EBITDA N/A
EBIT N/A
Net Income $310.67M
Revenue Q/Q 12.40%
Revenue Y/Y 8.58%
P/E ratio 6.77
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.52
P/B ratio N/A
Book/Share N/A
Cash/Share N/A
EPS $3.32
ROA 10.72%
ROE N/A
Debt/Equity 1.38
Net debt/EBITDA N/A
Current ratio 4.54
Quick ratio 0.47