MDC - M.D.C. Holdings, Inc.
NYSE
->
Consumer Cyclical
->
Residential Construction
Denver,
United States
Type: Equity
MDC price evolution
MDC
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1642.9 | $1362.29 | $1155.87 | $804.99 |
| Short term investments | ||||
| Net receivables | $119 | $81.31 | $67.5 | $67.86 |
| Inventory | $3301.05 | $3236.33 | $3145.27 | $3257.78 |
| Total current assets | $5074.18 | $4688.75 | $4433.2 | $4139.44 |
| Long term investments | ||||
| Property, plant & equipment | $82.22 | $62.4 | $63.01 | $63.79 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | ||||
| Total investments | $336.46 | $589.77 | $835.31 | $975.63 |
| Total assets | $5631.09 | $5488 | $5413.53 | $5315.82 |
| Current liabilities | ||||
| Accounts payable | $228.34 | $243.91 | $234.52 | $220.23 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $659.04 | $605.81 | $699.44 | $599.78 |
| Long term debt | $1493.4 | $1493.19 | $1492.98 | $1492.78 |
| Total noncurrent liabilities | ||||
| Total debt | $1698.38 | $1638.66 | $1616.14 | $1623.31 |
| Total liabilities | $2253.2 | $2195.46 | $2192.43 | $2185.7 |
| Shareholders' equity | ||||
| Retained earnings | $1552.65 | $1474.21 | $1407.97 | $1351.04 |
| Other shareholder equity | $0.05 | $0.09 | $0.09 | $0.32 |
| Total shareholder equity | $3377.89 | $3292.54 | $3221.1 | $3130.12 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1642.9 | $717.1 | $603.46 | $503.97 |
| Short term investments | ||||
| Net receivables | $119 | $116.36 | $98.58 | $72.47 |
| Inventory | $3301.05 | $3515.78 | $3760.85 | $2832.23 |
| Total current assets | $5074.18 | $4359.43 | $4476.15 | $3754.36 |
| Long term investments | ||||
| Property, plant & equipment | $82.22 | $89.37 | $60.56 | $61.88 |
| Goodwill & intangible assets | ||||
| Total noncurrent assets | $110.56 | |||
| Total investments | $336.46 | $790.61 | $282.53 | $232.56 |
| Total assets | $5631.09 | $5363.27 | $4963.53 | $3864.92 |
| Current liabilities | ||||
| Accounts payable | $228.34 | $135.55 | $247.39 | $194.49 |
| Deferred revenue | ||||
| Short long term debt | ||||
| Total current liabilities | $659.04 | $684.34 | $642.93 | $505.23 |
| Long term debt | $1493.4 | $1492.58 | $1491.78 | $1037.39 |
| Total noncurrent liabilities | $1239.78 | |||
| Total debt | $1698.38 | $1668.33 | $1748.08 | $1249.78 |
| Total liabilities | $2253.2 | $2271.49 | $2366.38 | $1745.01 |
| Shareholders' equity | ||||
| Retained earnings | $1552.65 | $1306.88 | $887.16 | $711.67 |
| Other shareholder equity | $0.05 | |||
| Total shareholder equity | $3377.89 | $3091.78 | $2597.15 | $2119.91 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1346.46 | $1110.82 | $1136.09 | $1049.5 |
| Cost of revenue | $1064.33 | $878.82 | $922.49 | $848.55 |
| Gross Profit | $282.13 | $232 | $213.6 | $200.96 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $126.86 | $101.31 | $106.73 | $94.99 |
| Total operating expenses | $143.57 | $116.81 | $122.35 | $109.18 |
| Operating income | $138.56 | $115.19 | $91.25 | $91.78 |
| Income from continuing operations | ||||
| EBIT | $164.28 | $139.81 | $113.05 | $108.97 |
| Income tax expense | $44.77 | $32.5 | $19.56 | $28.27 |
| Interest expense | ||||
| Net income | ||||
| Net income | $119.51 | $107.31 | $93.49 | $80.7 |
| Income (for common shares) | $119.51 | $107.31 | $93.49 | $80.7 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $4642.87 | $5717.99 | $5254.67 | $3901.21 |
| Cost of revenue | $3714.19 | $4336.25 | $3925.69 | $2982.67 |
| Gross Profit | $928.68 | $1381.73 | $1328.97 | $918.54 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $429.89 | $536.39 | $493.99 | $403.22 |
| Total operating expenses | $492.84 | $640.71 | $563.95 | $460.89 |
| Operating income | $435.84 | $741.02 | $765.03 | $457.65 |
| Income from continuing operations | ||||
| EBIT | $526.11 | $759.85 | $751.69 | $457.51 |
| Income tax expense | $125.1 | $197.72 | $178.04 | $89.93 |
| Interest expense | ||||
| Net income | ||||
| Net income | $401 | $562.14 | $573.66 | $367.58 |
| Income (for common shares) | $401 | $562.14 | $573.66 | $367.58 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $119.51 | $107.31 | $93.49 | $80.7 |
| Operating activities | ||||
| Depreciation | $7.68 | $6.42 | $5.95 | $5.5 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $9.11 | $4.07 | $4.79 | $5.5 |
| Total cash flows from operations | -$61.52 | -$28.78 | $225.76 | $426.16 |
| Investing activities | ||||
| Capital expenditures | -$28.27 | -$4.33 | -$5.16 | -$5.39 |
| Investments | $352.02 | $257.06 | $142.88 | -$239.37 |
| Total cash flows from investing | $323.76 | $252.73 | $137.72 | -$244.76 |
| Financing activities | ||||
| Dividends paid | -$41.06 | -$41.06 | -$36.57 | -$36.54 |
| Sale and purchase of stock | -$0.04 | $1.22 | $31.33 | -$11.74 |
| Net borrowings | $59.51 | $22.32 | -$7.38 | -$45.23 |
| Total cash flows from financing | $18.37 | -$17.52 | -$12.61 | -$93.51 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $280.61 | $206.42 | $350.88 | $87.9 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $401 | $562.14 | $573.66 | $367.58 |
| Operating activities | ||||
| Depreciation | $25.55 | $27.75 | $31.67 | $27.17 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $23.47 | $60.98 | $39.66 | $30.06 |
| Total cash flows from operations | $561.63 | $905.65 | -$207.99 | -$23.09 |
| Investing activities | ||||
| Capital expenditures | -$43.15 | -$29.07 | -$29.69 | -$26.78 |
| Investments | $512.59 | -$556.81 | $48.46 | |
| Total cash flows from investing | $469.44 | -$585.88 | -$27.68 | $21.68 |
| Financing activities | ||||
| Dividends paid | -$155.24 | -$142.42 | -$118.53 | -$89.01 |
| Sale and purchase of stock | $20.77 | $16.84 | -$16.22 | $28.82 |
| Net borrowings | $29.23 | -$80.55 | $471.62 | $95.82 |
| Total cash flows from financing | -$105.27 | -$206.13 | $335.16 | $31.17 |
| Effect of exchange rate | ||||
| Change in cash and equivalents | $925.8 | $113.64 | $99.49 | $29.76 |
News
Fundamentals
| Market cap | $4.70B |
|---|---|
| Enterprise value | $4.76B |
| Shares outstanding | 74.66M |
| Revenue | $4.64B |
|---|---|
| EBITDA | $551.66M |
| EBIT | $526.11M |
| Net Income | $401.00M |
| Revenue Q/Q | -11.39% |
| Revenue Y/Y | -18.80% |
| P/E ratio | 11.73 |
|---|---|
| EV/Sales | 1.02 |
| EV/EBITDA | 8.62 |
| EV/EBIT | 9.04 |
| P/S ratio | 1.01 |
| P/B ratio | 1.39 |
| Book/Share | 45.24 |
| Cash/Share | 22.00 |
| EPS | $5.37 |
|---|---|
| ROA | 7.34% |
| ROE | 12.32% |
| Debt/Equity | 0.67 |
|---|---|
| Net debt/EBITDA | 1.11 |
| Current ratio | 7.70 |
| Quick ratio | 2.69 |