Dream Finders Homes, Inc. (DFH) Financial Ratios
8 years of historical data (2018–2025) · Consumer Cyclical · Residential Construction
EV/EBITDA
↓
5.77
↓-31% vs avg
5yr avg: 8.38
30Y Low4.2·High14.0
P/FCF
↓
N/A
—
5yr avg: 19.56
30Y Low10.2·High28.9
P/B Ratio
↓
0.93
↓-56% vs avg
5yr avg: 2.12
30Y Low1.1·High3.5
ROE
↓
14.4%
↑-50% vs avg
5yr avg: 28.6%
30Y Low14%·High53%
Debt/EBITDA
↓
1.98
↓-30% vs avg
5yr avg: 2.83
30Y Low1.9·High6.8
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DFH Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Dream Finders Homes, Inc. trades at 6.9x earnings, 28% below its 5-year average of 9.5x, sitting at the 20th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.0x, the stock trades at a discount of 67%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $1.4B | $1.7B | $2.3B | $3.8B | $924M | $1.8B | — | — | — |
| Enterprise Value | $1.7B | $2.1B | $3.4B | $4.1B | $1.6B | $2.4B | — | — | — |
| P/E Ratio → | 6.89 | 7.99 | 7.25 | 13.36 | 3.73 | 15.31 | — | — | — |
| P/S Ratio | 0.32 | 0.40 | 0.52 | 1.00 | 0.28 | 0.94 | — | — | — |
| P/B Ratio | 0.93 | 1.08 | 1.64 | 3.47 | 1.15 | 3.23 | — | — | — |
| P/FCF | — | — | — | 10.20 | — | 28.93 | — | — | — |
| P/OCF | — | — | — | 10.07 | — | 27.70 | — | — | — |
P/E links to full P/E history page with 30-year chart
DFH EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Dream Finders Homes, Inc.'s enterprise value stands at 5.8x EBITDA, 31% below its 5-year average of 8.4x. The Consumer Cyclical sector median is 12.1x, placing the stock at a 52% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.48 | 0.76 | 1.10 | 0.46 | 1.23 | — | — | — |
| EV / EBITDA | 5.77 | 6.99 | 7.47 | 9.24 | 4.23 | 13.95 | — | — | — |
| EV / EBIT | 6.40 | 7.35 | 7.68 | 10.18 | 4.35 | 14.50 | — | — | — |
| EV / FCF | — | — | — | 11.15 | — | 37.92 | — | — | — |
DFH Profitability
Margins and return-on-capital ratios measuring operating efficiency
Dream Finders Homes, Inc. earns an operating margin of 6.2%, above the Consumer Cyclical sector average of 1.6%. Operating margins have compressed from 11.4% to 6.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 14.4% is modest. ROIC of 9.2% represents adequate returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.5% | 17.5% | 18.6% | 19.7% | 18.6% | 16.3% | 15.1% | 13.5% | 13.0% |
| Operating Margin | 6.2% | 6.2% | 9.7% | 11.4% | 10.4% | 8.3% | 7.1% | 5.0% | 4.7% |
| Net Profit Margin | 5.0% | 5.0% | 7.5% | 7.9% | 7.8% | 6.4% | 7.0% | 3.2% | 3.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.4% | 14.4% | 26.8% | 31.4% | 38.7% | 31.9% | 52.9% | 41.6% | 27.9% |
| ROA | 6.2% | 6.2% | 11.4% | 12.0% | 12.3% | 9.3% | 12.7% | 7.0% | 4.6% |
| ROIC | 9.2% | 9.2% | 16.7% | 22.4% | 20.6% | 14.8% | 15.1% | 14.1% | — |
| ROCE | 11.4% | 11.4% | 26.1% | 34.8% | 42.6% | 32.5% | 33.6% | 31.0% | 20.2% |
DFH Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Dream Finders Homes, Inc. carries a Debt/EBITDA ratio of 2.0x, which is manageable (58% below the sector average of 4.7x). Net debt stands at $356M ($591M total debt minus $235M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.37 | 0.37 | 0.92 | 0.78 | 1.24 | 1.41 | 1.58 | 2.85 | 3.10 |
| Debt / EBITDA | 1.98 | 1.98 | 2.90 | 1.90 | 2.71 | 4.65 | 3.60 | 3.97 | 6.76 |
| Net Debt / Equity | — | 0.22 | 0.73 | 0.32 | 0.78 | 1.01 | 1.37 | 2.34 | 2.78 |
| Net Debt / EBITDA | 1.19 | 1.19 | 2.29 | 0.79 | 1.71 | 3.31 | 3.13 | 3.27 | 6.06 |
| Debt / FCF | — | — | — | 0.95 | — | 8.99 | 3.14 | 9.72 | — |
| Interest Coverage | — | — | — | 404426.00 | 11130.88 | 242.14 | 98.05 | 219.07 | 35.10 |
DFH Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Dream Finders Homes, Inc.'s current ratio of 2.92x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 0.35x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.93x to 2.92x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.92 | 2.92 | 1.57 | 1.93 | 1.27 | 1.16 | 1.31 | 1.36 | 1.29 |
| Quick Ratio | 0.35 | 0.35 | 0.44 | 0.55 | 0.31 | 0.26 | 0.24 | 0.22 | 0.14 |
| Cash Ratio | 0.30 | 0.30 | 0.18 | 0.47 | 0.25 | 0.19 | 0.10 | 0.14 | 0.08 |
| Asset Turnover | — | 1.16 | 1.34 | 1.46 | 1.41 | 1.02 | 1.55 | 1.90 | 1.39 |
| Inventory Turnover | 1.76 | 1.76 | 2.11 | 2.09 | 1.98 | 1.51 | 1.99 | 2.32 | 1.55 |
| Days Sales Outstanding | — | 3.30 | 2.80 | 3.01 | 4.75 | 6.35 | 5.40 | — | — |
DFH Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Dream Finders Homes, Inc. returns 4.5% to shareholders annually — split between a 0.9% dividend yield and 3.6% buyback yield. The earnings yield of 14.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.9% | 0.8% | 0.6% | 0.4% | 1.5% | 1.3% | — | — | — |
| Payout Ratio | — | — | — | — | — | 19.0% | — | 26.8% | 67.6% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 14.5% | 12.5% | 13.8% | 7.5% | 26.8% | 6.5% | — | — | — |
| FCF Yield | — | — | — | 9.8% | — | 3.5% | — | — | — |
| Buyback Yield | 3.6% | 2.9% | 0.9% | 0.0% | 0.0% | 1.4% | — | — | — |
| Total Shareholder Yield | 4.5% | 3.6% | 1.4% | 0.4% | 1.5% | 2.7% | — | — | — |
| Shares Outstanding | — | $101M | $100M | $106M | $107M | $93M | $93M | $93M | $93M |
Peer Comparison
Compare DFH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DFHYou | $1B | 6.9 | 5.8 | — | 17.5% | 6.2% | 14.4% | 9.2% | 2.0 |
 SKY | $5B | 22.9 | 15.7 | 17.0 | 26.4% | 9.5% | 13.7% | 17.6% | 0.4 |
 GRBK | $3B | 10.5 | 8.1 | 15.4 | 31.2% | 20.1% | 17.3% | 15.4% | 0.8 |
 LGIH | $1B | 18.0 | 34.4 | — | 20.7% | 4.7% | 3.5% | 1.7% | 19.7 |
 TMHC | $7B | 9.2 | 7.2 | 8.3 | 23.0% | 14.0% | 12.8% | 11.0% | 2.1 |
 CVCO | $4B | 24.4 | 17.0 | 19.4 | 23.5% | 10.2% | 17.6% | 21.0% | 0.1 |
 DHI | $45B | 13.5 | 10.7 | 13.8 | 23.7% | 12.9% | 14.2% | 12.1% | 1.3 |
 LEN | $22B | 10.9 | 8.4 | 769.6 | 9.9% | 8.0% | 8.3% | 7.9% | 2.2 |
 PHM | $24B | 11.4 | 7.9 | 13.9 | 26.4% | 17.3% | 17.7% | 17.2% | 0.8 |
 TOL | $14B | 11.2 | 8.8 | 13.9 | 26.0% | 15.7% | 16.9% | 13.4% | 1.6 |
 NVR | $17B | 14.6 | 9.7 | 15.7 | 23.0% | 16.2% | 33.2% | 43.8% | 0.7 |
| Consumer Cyclical Median | — | 21.0 | 12.1 | 15.4 | 36.3% | 1.6% | 5.4% | 5.2% | 4.7 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 8 years · Updated daily
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DFH — Frequently Asked Questions
Quick answers to the most common questions about buying DFH stock.
What is Dream Finders Homes, Inc.'s P/E ratio?
Dream Finders Homes, Inc.'s current P/E ratio is 6.9x. The historical average is 9.5x. This places it at the 20th percentile of its historical range.
What is Dream Finders Homes, Inc.'s EV/EBITDA?
Dream Finders Homes, Inc.'s current EV/EBITDA is 5.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.4x.
What is Dream Finders Homes, Inc.'s ROE?
Dream Finders Homes, Inc.'s return on equity (ROE) is 14.4%. The historical average is 33.2%.
Is DFH stock overvalued?
Based on historical data, Dream Finders Homes, Inc. is trading at a P/E of 6.9x. This is at the 20th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Dream Finders Homes, Inc.'s dividend yield?
Dream Finders Homes, Inc.'s current dividend yield is 0.90%.
What are Dream Finders Homes, Inc.'s profit margins?
Dream Finders Homes, Inc. has 17.5% gross margin and 6.2% operating margin.
How much debt does Dream Finders Homes, Inc. have?
Dream Finders Homes, Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.