8-K Announcements
6Apr 30, 2026·SEC
Feb 23, 2026·SEC
Dec 30, 2025·SEC
Dream Finders Homes, Inc. (DFH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Dream Finders Homes, Inc. (DFH) stock price & volume — 10-year historical chart
Dream Finders Homes, Inc. (DFH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Dream Finders Homes, Inc. (DFH) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 30, 2026 | $0.11vs $0.20-45.4% | $888Mvs $819M+8.4% |
| Q1 2026 | Feb 23, 2026 | $0.58vs $0.62-6.5% | $1.2Bvs $1.2B+4.7% |
| Q4 2025 | Oct 30, 2025 | $0.47vs $0.47+0.0% | $970Mvs $1.2B-16.3% |
| Q3 2025 | Jul 31, 2025 | $0.56vs $0.65-13.8% | $1.2Bvs $1.2B-0.2% |
Dream Finders Homes, Inc. (DFH) competitors in Public single-family homebuilders — business model, growth, and fundamentals comparison
Dream Finders Homes, Inc. (DFH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Dream Finders Homes, Inc. (DFH) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 522.26M | 976.56M | 1.13B | 1.92B | 3.34B | 3.75B | 4.45B | 4.32B |
| Revenue Growth % | - | 86.99% | 16.1% | 69.69% | 73.73% | 12.15% | 18.75% | -2.89% |
| Cost of Goods Sold | 454.4M | 844.38M | 962.93M | 1.61B | 2.72B | 3.01B | 3.62B | 3.57B |
| COGS % of Revenue | 87.01% | 86.46% | 84.93% | 83.7% | 81.44% | 80.35% | 81.39% | 82.54% |
| Gross Profit | 67.86M▲ 0% | 132.18M▲ 94.8% | 170.88M▲ 29.3% | 313.58M▲ 83.5% | 620.2M▲ 97.8% | 736.77M▲ 18.8% | 828.58M▲ 12.5% | 754.77M▼ 8.9% |
| Gross Margin % | 12.99% | 13.54% | 15.07% | 16.3% | 18.56% | 19.65% | 18.61% | 17.46% |
| Gross Profit Growth % | - | 94.8% | 29.28% | 83.51% | 97.78% | 18.8% | 12.46% | -8.91% |
| Operating Expenses | 43.55M | 83M | 90.79M | 154.41M | 271.04M | 308.8M | 395.75M | 485.21M |
| OpEx % of Revenue | 8.34% | 8.5% | 8.01% | 8.03% | 8.11% | 8.24% | 8.89% | 11.22% |
| Selling, General & Admin | 43.55M | 83M | 90.79M | 154.41M | 271.04M | 308.8M | 395.75M | 485.21M |
| SG&A % of Revenue | 8.34% | 8.5% | 8.01% | 8.03% | 8.11% | 8.24% | 8.89% | 11.22% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 24.31M▲ 0% | 49.18M▲ 102.3% | 80.09M▲ 62.9% | 159.17M▲ 98.7% | 349.16M▲ 119.4% | 427.98M▲ 22.6% | 432.83M▲ 1.1% | 269.55M▼ 37.7% |
| Operating Margin % | 4.65% | 5.04% | 7.06% | 8.27% | 10.45% | 11.42% | 9.72% | 6.24% |
| Operating Income Growth % | - | 102.29% | 62.86% | 98.75% | 119.36% | 22.57% | 1.13% | -37.72% |
| EBITDA | 28.41M | 62.35M | 92.85M | 169.02M | 366.25M | 445.87M | 450.05M | 298.71M |
| EBITDA Margin % | 5.44% | 6.38% | 8.19% | 8.79% | 10.96% | 11.89% | 10.11% | 6.91% |
| EBITDA Growth % | - | 119.43% | 48.93% | 82.03% | 116.68% | 21.74% | 0.94% | -33.63% |
| D&A (Non-Cash Add-back) | 4.1M | 13.17M | 12.76M | 9.85M | 17.09M | 17.9M | 17.21M | 29.16M |
| EBIT | 23.94M | 48.51M | 85.38M | 162.72M | 356.19M | 404.43M | 432.83M | 284.1M |
| Net Interest Income | -682.15K | -221.45K | -871K | -672.17K | -32K | -1K | 0 | 0 |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 682.15K | 221.45K | 870.87K | 672K | 32K | 1K | 0 | 0 |
| Other Income/Expense | -1.05M | -2.11M | 4.43M | 2.88M | 7M | -23.55M | 5.02M | 14.55M |
| Pretax Income | 23.26M▲ 0% | 47.07M▲ 102.3% | 84.51M▲ 79.6% | 162.05M▲ 91.7% | 356.16M▲ 119.8% | 404.43M▲ 13.6% | 437.85M▲ 8.3% | 284.1M▼ 35.1% |
| Pretax Margin % | 4.45% | 4.82% | 7.45% | 8.42% | 10.66% | 10.79% | 9.84% | 6.57% |
| Income Tax | 0 | 10.34M | 0 | 27.45M | 81.86M | 96.48M | 97.27M | 66.7M |
| Effective Tax Rate % | 0% | 21.97% | 0% | 16.94% | 22.98% | 23.86% | 22.22% | 23.48% |
| Net Income | 17.32M▲ 0% | 31.02M▲ 79.1% | 79.09M▲ 155.0% | 122.38M▲ 54.7% | 262.31M▲ 114.3% | 295.9M▲ 12.8% | 335.34M▲ 13.3% | 217.2M▼ 35.2% |
| Net Margin % | 3.32% | 3.18% | 6.98% | 6.36% | 7.85% | 7.89% | 7.53% | 5.02% |
| Net Income Growth % | - | 79.07% | 154.98% | 54.73% | 114.35% | 12.8% | 13.33% | -35.23% |
| Net Income (Continuing) | 23.26M | 36.73M | 84.51M | 134.59M | 274.3M | 307.94M | 340.58M | 217.4M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 28.93M | 30.47M | 31.94M | 24.08M | 12.97M | 13.07M | 26.94M | 31.04M |
| EPS (Diluted) | 0.19▲ 0% | 0.34▲ 78.9% | 0.85▲ 150.0% | 1.27▲ 49.4% | 2.32▲ 82.7% | 2.66▲ 14.7% | 3.21▲ 20.7% | 2.14▼ 33.3% |
| EPS Growth % | - | 78.95% | 150% | 49.41% | 82.68% | 14.66% | 20.68% | -33.33% |
| EPS (Basic) | 0.19 | 0.34 | 0.85 | 1.27 | 2.67 | 3.03 | 3.44 | 2.33 |
| Diluted Shares Outstanding | 92.52M | 92.52M | 92.52M | 92.52M | 106.69M | 106.03M | 100.3M | 101.3M |
| Basic Shares Outstanding | 92.52M | 92.52M | 92.52M | 92.52M | 92.75M | 93.07M | 93.51M | 93.11M |
| Dividend Payout Ratio | 67.61% | 26.75% | - | 19.03% | - | - | - | - |
Dream Finders Homes, Inc. (DFH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 330.36M | 432.8M | 594.51M | 1.38B | 1.82B | 2.02B | 2.39B | 2.3B |
| Cash & Short-Term Investments | 19.81M | 44.01M | 43.66M | 227.23M | 364.53M | 494.14M | 274.38M | 234.77M |
| Cash Only | 19.81M | 44.01M | 43.66M | 227.23M | 364.53M | 494.14M | 274.38M | 234.77M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 0 | 0 | 16.77M | 33.48M | 43.49M | 30.87M | 34.13M | 39.12M |
| Days Sales Outstanding | - | - | 5.4 | 6.35 | 4.75 | 3.01 | 2.8 | 3.3 |
| Inventory | 293.72M | 364.07M | 484.37M | 1.07B | 1.38B | 1.44B | 1.72B | 2.03B |
| Days Inventory Outstanding | 235.93 | 157.38 | 183.6 | 241.77 | 184.79 | 174.54 | 172.81 | 207.22 |
| Other Current Assets | 16.82M | 24.72M | 49.72M | 54.09M | 30.6M | 54.31M | 368.83M | 0 |
| Total Non-Current Assets | 45.09M | 82.12M | 139.17M | 512.78M | 554.33M | 542.86M | 935.95M | 377.36M |
| Property, Plant & Equipment | 33.41M | 44.04M | 85.14M | 267.55M | 308.68M | 274.53M | 501.79M | 0 |
| Fixed Asset Turnover | 15.63x | 22.18x | 13.32x | 7.19x | 10.83x | 13.65x | 8.87x | - |
| Goodwill | 0 | 12.21M | 28.57M | 171.93M | 172.21M | 172.21M | 300.31M | 377.36M |
| Intangible Assets | 13.23M | 24.45M | 2.66M | 9.14M | 0 | 0 | 0 | 0 |
| Long-Term Investments | 6.26M | 8.35M | 4.55M | 15.97M | 14.01M | 15.36M | 11.45M | 26.61M |
| Other Non-Current Assets | 5.42M | 17.52M | 18.26M | 43.96M | 54.91M | 80.76M | 122.39M | -26.61M |
| Total Assets | 375.45M▲ 0% | 514.92M▲ 37.1% | 733.68M▲ 42.5% | 1.89B▲ 158.2% | 2.37B▲ 25.2% | 2.56B▲ 8.1% | 3.33B▲ 29.9% | 3.73B▲ 12.0% |
| Asset Turnover | 1.39x | 1.90x | 1.55x | 1.02x | 1.41x | 1.46x | 1.34x | 1.16x |
| Asset Growth % | - | 37.15% | 42.48% | 158.18% | 25.18% | 8.07% | 29.9% | 11.98% |
| Total Current Liabilities | 255.16M | 318.03M | 454.09M | 1.19B | 1.43B | 1.04B | 1.53B | 786.78M |
| Accounts Payable | 31.89M | 37.75M | 37.42M | 113.5M | 134.7M | 134.12M | 147.14M | 126.13M |
| Days Payables Outstanding | 25.62 | 16.32 | 14.18 | 25.73 | 18.06 | 16.25 | 14.82 | 12.9 |
| Short-Term Debt | 163.21M | 217.67M | 289.88M | 763.29M | 966.25M | 530.38M | 991M | 591.06M |
| Deferred Revenue (Current) | 11.77M | 20.2M | 59.39M | 177.69M | 145.65M | 172.57M | 125.6M | 69.59M |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.29x | 1.36x | 1.31x | 1.16x | 1.27x | 1.93x | 1.57x | 2.92x |
| Quick Ratio | 0.14x | 0.22x | 0.24x | 0.26x | 0.31x | 0.55x | 0.44x | 0.35x |
| Cash Conversion Cycle | - | - | 174.82 | 222.4 | 171.48 | 161.3 | 160.79 | 197.62 |
| Total Non-Current Liabilities | 58.26M | 109.91M | 67.57M | 143.88M | 139.79M | 431.83M | 381.23M | 1.34B |
| Long-Term Debt | 12.66M | 14.35M | 29.65M | 3.29M | 0 | 293.92M | 295.05M | 0 |
| Capital Lease Obligations | 16.18M | 15.58M | 14.76M | 19.83M | 24.66M | 21.11M | 18.15M | 0 |
| Deferred Tax Liabilities | 0 | 54.31M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 17.64M | 5.47M | -36.23M | 120.76M | 115.13M | 116.8M | 68.03M | 1.34B |
| Total Liabilities | 313.42M | 427.95M | 521.66M | 1.34B | 1.57B | 1.48B | 1.91B | 2.12B |
| Total Debt | 192.06M | 247.59M | 334.29M | 786.41M | 990.91M | 845.42M | 1.3B | 591.06M |
| Net Debt | 172.25M | 203.59M | 290.63M | 559.18M | 626.38M | 351.27M | 1.03B | 356.29M |
| Debt / Equity | 3.10x | 2.85x | 1.58x | 1.41x | 1.24x | 0.78x | 0.92x | 0.37x |
| Debt / EBITDA | 6.76x | 3.97x | 3.60x | 4.65x | 2.71x | 1.90x | 2.90x | 1.98x |
| Net Debt / EBITDA | 6.06x | 3.27x | 3.13x | 3.31x | 1.71x | 0.79x | 2.29x | 1.19x |
| Interest Coverage | 35.10x | 219.07x | 98.05x | 242.14x | 11130.88x | 404426.00x | - | - |
| Total Equity | 62.02M▲ 0% | 86.97M▲ 40.2% | 212.02M▲ 143.8% | 556.38M▲ 162.4% | 800.69M▲ 43.9% | 1.09B▲ 35.7% | 1.42B▲ 30.8% | 1.6B▲ 12.9% |
| Equity Growth % | - | 40.23% | 143.78% | 162.42% | 43.91% | 35.65% | 30.77% | 12.89% |
| Book Value per Share | 0.67 | 0.94 | 2.29 | 6.01 | 7.50 | 10.24 | 14.16 | 15.83 |
| Total Shareholders' Equity | 33.09M | 56.5M | 180.08M | 532.3M | 787.72M | 1.07B | 1.39B | 1.57B |
| Common Stock | 33.09M | 56.5M | 124.45M | 925K | 927K | 931K | 937K | 944K |
| Retained Earnings | 0 | 0 | 0 | 118.19M | 365.99M | 648.41M | 970.25M | 1.17B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -7.83M | -49.53M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 613K |
| Minority Interest | 28.93M | 30.47M | 31.94M | 24.08M | 12.97M | 13.07M | 26.94M | 31.04M |
Dream Finders Homes, Inc. (DFH) cash flow — operating, investing & free cash flow history
| Line item | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -2.51M | 23.84M | 95.34M | 64.97M | -27.62M | 374.23M | -256.65M | -100.57M |
| Operating CF Margin % | -0.48% | 2.44% | 8.41% | 3.38% | -0.83% | 9.98% | -5.77% | -2.33% |
| Operating CF Growth % | - | 1049.73% | 299.94% | -31.85% | -142.52% | 1454.79% | -168.58% | 60.81% |
| Net Income | 23.26M | 44.9M | 79.09M | 134.59M | 274.3M | 307.94M | 340.58M | 58.8M |
| Depreciation & Amortization | 3.95M | 6.02M | 12.76M | 9.85M | 17.09M | 17.9M | 17.21M | 29.16M |
| Stock-Based Compensation | 895.61K | 895K | 0 | 5.23M | 6.8M | 14.1M | 18.79M | 24.92M |
| Deferred Taxes | -3.65M | -114.89K | 0 | -946K | -294K | -22.34M | -14.12M | 35.49M |
| Other Non-Cash Items | 3.08M | -1.63M | 2.13M | 11.26M | 12.44M | 32.92M | -23.69M | 27.33M |
| Working Capital Changes | -30.05M | -26.24M | 1.35M | -95.02M | -337.95M | 23.73M | -595.42M | -276.28M |
| Change in Receivables | 0 | 0 | 0 | -16.72M | -11.85M | 12.62M | -2.63M | -924K |
| Change in Inventory | -66.49M | -30.9M | 23.51M | -80.2M | -311.52M | -61.62M | -148.02M | -210.2M |
| Change in Payables | 48.26M | 0 | 6.2M | 0 | 65.75M | 0 | 41.63M | -115.15M |
| Cash from Investing | 2.63M | -17.82M | -16.98M | -523.04M | -5.52M | -4.48M | -221.67M | -225.84M |
| Capital Expenditures | -10.16M | -2.89M | -2.92M | -2.77M | -5.54M | -4.78M | -25.34M | -25.79M |
| CapEx % of Revenue | 1.95% | 0.3% | 0.26% | 0.14% | 0.17% | 0.13% | 0.57% | 0.6% |
| Acquisitions | -1.75M | -15.02M | -20.54M | -520.78M | -131K | -70K | -178.12M | -184.46M |
| Investments | - | - | - | - | - | - | - | - |
| Other Investing | 14.55M | 91.4K | 0 | 508K | 3K | 367K | -18.2M | -16.17M |
| Cash from Financing | -2.42M | 26.08M | -61.88M | 646.02M | 146.96M | -216.42M | 269.69M | 270.98M |
| Debt Issued (Net) | 5.25M | 28.81M | -31.62M | 439.12M | 197.42M | -135.86M | 351.48M | 0 |
| Equity Issued (Net) | 2.55M | 12M | 0 | 252.59M | 0 | -11.4M | -20.29M | -41.7M |
| Dividends Paid | -11.71M | -8.3M | 0 | -23.29M | -13.69M | -13.24M | -13.5M | -13.5M |
| Share Repurchases | 0 | 0 | 0 | -25.53M | 0 | -322K | -20.29M | -41.7M |
| Other Financing | 1.49M | -6.43M | -30.26M | -20.87M | -36.77M | -55.92M | -47.99M | 326.18M |
| Net Change in Cash | -2.3M▲ 0% | 32.1M▲ 1494.7% | 85.21M▲ 165.5% | 187.95M▲ 120.6% | 113.81M▼ 39.4% | 153.33M▲ 34.7% | -208.63M▼ 236.1% | -55.44M▲ 73.4% |
| Free Cash Flow | -12.67M▲ 0% | 20.95M▲ 265.3% | 92.42M▲ 341.2% | 62.2M▼ 32.7% | -33.17M▼ 153.3% | 369.45M▲ 1213.9% | -281.99M▼ 176.3% | -126.37M▲ 55.2% |
| FCF Margin % | -2.43% | 2.14% | 8.15% | 3.23% | -0.99% | 9.86% | -6.33% | -2.92% |
| FCF Growth % | - | 265.3% | 341.2% | -32.7% | -153.33% | 1213.88% | -176.33% | 55.19% |
| FCF per Share | -0.14 | 0.23 | 1.00 | 0.67 | -0.31 | 3.48 | -2.81 | -1.25 |
| FCF Conversion (FCF/Net Income) | -0.14x | 0.77x | 1.21x | 0.53x | -0.11x | 1.26x | -0.77x | -0.46x |
| Interest Paid | 0 | 0 | 900.23K | 33.95M | 105.22M | 80.11M | 199.18M | 0 |
| Taxes Paid | 0 | 0 | 0 | 27.82M | 47.94M | 81.32M | 127.55M | 0 |
Dream Finders Homes, Inc. (DFH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 27.93% | 41.64% | 52.91% | 31.85% | 38.66% | 31.36% | 26.76% | 14.37% |
| Return on Invested Capital (ROIC) | - | 14.06% | 15.14% | 14.75% | 20.6% | 22.41% | 16.7% | 9.17% |
| Gross Margin | 12.99% | 13.54% | 15.07% | 16.3% | 18.56% | 19.65% | 18.61% | 17.46% |
| Net Margin | 3.32% | 3.18% | 6.98% | 6.36% | 7.85% | 7.89% | 7.53% | 5.02% |
| Debt / Equity | 3.10x | 2.85x | 1.58x | 1.41x | 1.24x | 0.78x | 0.92x | 0.37x |
| Interest Coverage | 35.10x | 219.07x | 98.05x | 242.14x | 11130.88x | 404426.00x | - | - |
| FCF Conversion | -0.14x | 0.77x | 1.21x | 0.53x | -0.11x | 1.26x | -0.77x | -0.46x |
| Revenue Growth | - | 86.99% | 16.1% | 69.69% | 73.73% | 12.15% | 18.75% | -2.89% |
Dream Finders Homes, Inc. (DFH) SEC filings — annual & quarterly reports (10-K, 10-Q)
Apr 30, 2026·SEC
Feb 23, 2026·SEC
Dec 30, 2025·SEC
Dream Finders Homes, Inc. (DFH) stock FAQ — growth, dividends, profitability & financials explained
Dream Finders Homes, Inc. (DFH) reported $4.32B in revenue for fiscal year 2025. This represents a 728% increase from $522.3M in 2018.
Dream Finders Homes, Inc. (DFH) saw revenue decline by 2.9% over the past year.
Yes, Dream Finders Homes, Inc. (DFH) is profitable, generating $217.2M in net income for fiscal year 2025 (5.0% net margin).
Yes, Dream Finders Homes, Inc. (DFH) pays a dividend with a yield of 0.91%. This makes it attractive for income-focused investors.
Dream Finders Homes, Inc. (DFH) has a return on equity (ROE) of 14.4%. This is reasonable for most industries.
Dream Finders Homes, Inc. (DFH) had negative free cash flow of $126.4M in fiscal year 2025, likely due to heavy capital investments.
Dream Finders Homes, Inc. (DFH) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates