DFH: Dream Finders Homes Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Dream Finders Homes Inc (DFH).
$2.18B Market Cap.
DFH Market Cap. (MRY)
DFH Shares Outstanding (MRY)
DFH Assets (MRY)
Total Assets
$3.33B
Total Liabilities
$1.91B
Total Investments
$314.85M
DFH Income (MRY)
Revenue
$4.45B
Net Income
$340.58M
Operating Expense
$395.75M
DFH Cash Flow (MRY)
CF Operations
-$256.65M
CF Investing
-$221.67M
CF Financing
$269.69M
DFH Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,328,651,000 (29.90%) | $2,562,439,000 (8.07%) | $2,371,137,000 (25.18%) | $1,894,248,000 (158.18%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $300,313,000 (74.39%) | $172,207,000 (0.00%) | $172,207,000 (-4.89%) | $181,067,000 (479.86%) |
Shareholders Equity | $1,244,922,000 (34.65%) | $924,584,000 (17.37%) | $787,723,000 (47.98%) | $532,302,000 (412.56%) |
Property Plant & Equipment Net | $0 (0%) | $27,323,000 (-13.04%) | $31,421,000 (20.17%) | $26,148,000 (38.61%) |
Cash & Equivalents | $339,825,000 (-38.04%) | $548,456,000 (38.80%) | $395,130,000 (40.45%) | $281,322,000 (201.29%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $314,847,000 (1949.25%) | $15,364,000 (9.68%) | $14,008,000 (-12.27%) | $15,967,000 (251.28%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $1,715,357,000 (19.10%) | $1,440,249,000 (4.50%) | $1,378,185,000 (29.21%) | $1,066,662,000 (120.22%) |
Trade & Non-Trade Receivables | $34,126,000 (10.53%) | $30,874,000 (-29.01%) | $43,490,000 (29.89%) | $33,482,000 (99.71%) |
Trade & Non-Trade Payables | $147,143,000 (9.71%) | $134,115,000 (-0.44%) | $134,702,000 (18.68%) | $113,498,000 (203.32%) |
Accumulated Retained Earnings (Deficit) | $970,253,000 (49.64%) | $648,412,000 (77.16%) | $365,994,000 (209.66%) | $118,194,000 (0%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $4,232,000 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,286,052,000 (52.12%) | $845,416,000 (-14.68%) | $990,909,000 (26.53%) | $783,118,000 (134.26%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,908,291,000 (29.26%) | $1,476,289,000 (-6.00%) | $1,570,444,000 (17.38%) | $1,337,865,000 (156.46%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
DFH Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $4,451,606,000 (18.75%) | $3,748,586,000 (12.15%) | $3,342,335,000 (73.73%) | $1,923,910,000 (69.69%) |
Cost of Revenue | $3,623,023,000 (20.07%) | $3,017,540,000 (10.65%) | $2,727,114,000 (69.35%) | $1,610,332,000 (67.23%) |
Selling General & Administrative Expense | $395,751,000 (30.58%) | $303,068,000 (13.91%) | $266,065,000 (72.32%) | $154,405,000 (70.88%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $395,751,000 (30.58%) | $303,068,000 (13.91%) | $266,065,000 (72.32%) | $154,405,000 (70.88%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $97,272,000 (0.82%) | $96,483,000 (17.86%) | $81,859,000 (198.16%) | $27,455,000 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $345,823,000 (8.08%) | $319,984,000 (11.77%) | $286,281,000 (93.36%) | $148,055,000 (64.63%) |
Net Income to Non-Controlling Interests | $5,241,000 (-56.48%) | $12,042,000 (0.48%) | $11,984,000 (-10.97%) | $13,461,000 (148.36%) |
Net Income | $340,582,000 (10.60%) | $307,942,000 (12.27%) | $274,297,000 (103.80%) | $134,594,000 (59.26%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $340,582,000 (10.60%) | $307,942,000 (12.27%) | $274,297,000 (103.80%) | $134,594,000 (59.26%) |
Weighted Average Shares | $93,507,905 (0.47%) | $93,066,564 (0.35%) | $92,745,781 (0.24%) | $92,521,482 (-6.61%) |
Weighted Average Shares Diluted | $100,297,139 (-5.40%) | $106,027,548 (-0.62%) | $106,691,248 (11.94%) | $95,313,593 (-3.79%) |
Earning Before Interest & Taxes (EBIT) | $437,854,000 (8.27%) | $404,425,000 (13.55%) | $356,156,000 (119.78%) | $162,049,000 (89.79%) |
Gross Profit | $828,583,000 (13.34%) | $731,046,000 (18.83%) | $615,221,000 (96.19%) | $313,578,000 (83.51%) |
Operating Income | $432,832,000 (1.13%) | $427,978,000 (22.58%) | $349,156,000 (119.36%) | $159,173,000 (97.68%) |
DFH Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$221,672,000 (-4843.62%) | -$4,484,000 (18.83%) | -$5,524,000 (98.94%) | -$523,043,000 (-3915.07%) |
Net Cash Flow from Financing | $269,689,000 (224.61%) | -$216,424,000 (-247.27%) | $146,955,000 (-77.25%) | $646,020,000 (1081.35%) |
Net Cash Flow from Operations | -$256,648,000 (-168.58%) | $374,234,000 (1454.79%) | -$27,623,000 (-142.52%) | $64,972,000 (-32.96%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$208,631,000 (-236.07%) | $153,326,000 (34.72%) | $113,808,000 (-39.45%) | $187,949,000 (941.04%) |
Net Cash Flow - Business Acquisitions and Disposals | -$196,359,000 (-280412.86%) | -$70,000 (46.56%) | -$131,000 (99.97%) | -$520,777,000 (-4934.09%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$25,313,000 (-473.47%) | -$4,414,000 (18.15%) | -$5,393,000 (-138.00%) | -$2,266,000 (15.51%) |
Issuance (Repayment) of Debt Securities | $344,132,000 (333.71%) | -$147,249,000 (-174.59%) | $197,417,000 (-55.06%) | $439,244,000 (1489.09%) |
Issuance (Purchase) of Equity Shares | -$20,291,000 (-6201.55%) | -$322,000 (0%) | $0 (0%) | $143,630,000 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $18,788,000 (33.27%) | $14,098,000 (107.45%) | $6,796,000 (29.87%) | $5,233,000 (452.59%) |
Depreciation Amortization & Accretion | $17,215,000 (-3.81%) | $17,896,000 (4.71%) | $17,091,000 (73.50%) | $9,851,000 (25.44%) |
DFH Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 18.60% (-4.62%) | 19.50% (5.98%) | 18.40% (12.88%) | 16.30% (7.95%) |
Profit Margin | 7.70% (-6.10%) | 8.20% (0.00%) | 8.20% (17.14%) | 7.00% (-6.67%) |
EBITDA Margin | 10.20% (-9.73%) | 11.30% (0.89%) | 11.20% (25.84%) | 8.90% (8.54%) |
Return on Average Equity (ROAE) | 31.10% (-8.26%) | 33.90% (-16.50%) | 40.60% (-59.84%) | 101.10% (-4.08%) |
Return on Average Assets (ROAA) | 11.00% (-14.73%) | 12.90% (3.20%) | 12.50% (14.68%) | 10.90% (-19.26%) |
Return on Sales (ROS) | 9.80% (-9.26%) | 10.80% (0.93%) | 10.70% (27.38%) | 8.40% (12.00%) |
Return on Invested Capital (ROIC) | 11.70% (-21.48%) | 14.90% (13.74%) | 13.10% (19.09%) | 11.00% (4.76%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% |
Price to Earnings Ratio (P/E) | 6.76 (-42.31%) | 11.73 (261.58%) | 3.24 (-78.82%) | 15.31 |
Price to Sales Ratio (P/S) | 0.49 (-44.56%) | 0.88 (267.50%) | 0.24 (-74.33%) | 0.94 |
Price to Book Ratio (P/B) | 1.75 (-51.17%) | 3.58 (250.78%) | 1.02 (-69.83%) | 3.38 |
Debt to Equity Ratio (D/E) | 1.53 (-4.01%) | 1.6 (-19.91%) | 1.99 (-20.65%) | 2.51 (-49.97%) |
Earnings Per Share (EPS) | 3.44 (13.53%) | 3.03 (13.48%) | 2.67 (110.24%) | 1.27 (0%) |
Sales Per Share (SPS) | 47.61 (18.19%) | 40.28 (11.77%) | 36.04 (73.31%) | 20.79 (81.69%) |
Free Cash Flow Per Share (FCFPS) | -3.02 (-175.87%) | 3.97 (1216.29%) | -0.36 (-152.51%) | 0.68 (-28.71%) |
Book Value Per Share (BVPS) | 13.31 (34.01%) | 9.94 (16.98%) | 8.49 (47.63%) | 5.75 (448.95%) |
Tangible Assets Book Value Per Share (TABVPS) | 32.39 (26.10%) | 25.68 (8.33%) | 23.71 (28.04%) | 18.52 (161.13%) |
Enterprise Value Over EBIT (EV/EBIT) | 8 (-11.11%) | 9 (80.00%) | 5 (-58.33%) | 12 |
Enterprise Value Over EBITDA (EV/EBITDA) | 7.51 (-16.89%) | 9.04 (105.34%) | 4.4 (-61.97%) | 11.57 |
Asset Turnover | 1.44 (-8.27%) | 1.57 (2.95%) | 1.53 (-2.30%) | 1.56 (-13.99%) |
Current Ratio | - | - | - | - |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$281,961,000 (-176.24%) | $369,820,000 (1220.12%) | -$33,016,000 (-152.65%) | $62,706,000 (-33.45%) |
Enterprise Value (EV) | $3,417,946,942 (-10.44%) | $3,816,385,082 (132.33%) | $1,642,642,713 (-17.43%) | $1,989,289,729 |
Earnings Before Tax (EBT) | $437,854,000 (8.27%) | $404,425,000 (13.55%) | $356,156,000 (119.78%) | $162,049,000 (91.74%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $455,069,000 (7.75%) | $422,321,000 (13.15%) | $373,247,000 (117.13%) | $171,900,000 (84.37%) |
Invested Capital | $3,974,565,000 (47.91%) | $2,687,192,000 (-3.85%) | $2,794,709,000 (26.17%) | $2,214,977,000 (134.79%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $3,028,338,000 (26.70%) | $2,390,232,000 (8.70%) | $2,198,930,000 (28.35%) | $1,713,181,000 (143.89%) |
Market Capitalization | $2,175,191,942 (-34.25%) | $3,308,137,082 (311.82%) | $803,301,713 (-55.36%) | $1,799,542,825 |
Average Equity | $1,094,047,500 (20.35%) | $909,031,500 (34.67%) | $674,991,750 (407.22%) | $133,075,500 (65.98%) |
Average Assets | $3,088,861,000 (29.46%) | $2,385,877,750 (8.90%) | $2,190,912,750 (77.91%) | $1,231,458,556 (97.25%) |
Invested Capital Average | $3,750,974,250 (37.97%) | $2,718,653,750 (-0.23%) | $2,724,955,500 (84.30%) | $1,478,540,886 (81.98%) |
Shares | 93,476,233 (0.40%) | 93,108,277 (0.38%) | 92,760,013 (0.26%) | 92,521,482 (1.58%) |
