Stocks · Industrials · Operative Builders

Dream Finders Homes, Inc.

DFH Clue Score55
United States Fiscal year ends December CIK 0001825088
$9.38 -2.29% Close, 9 Oct 2026
Price $9.38 −42.13% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 21 Jan 2021. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2019Revenue744.3Net income39.2EPS, diluted0.00Fiscal year 2020Revenue1,133.8 +52.3%Net income79.1 +101.8%EPS, diluted0.00Fiscal year 2021Revenue1,923.9 +69.7%Net income135.6 +71.5%EPS, diluted1.27Fiscal year 2022Revenue3,342.3 +73.7%Net income262.3 +93.4%EPS, diluted2.45 +92.9%Fiscal year 2023Revenue3,748.6 +12.2%Net income295.9 +12.8%EPS, diluted2.79 +13.9%Fiscal year 2024Revenue4,449.9 +18.7%Net income335.3 +13.3%EPS, diluted3.34 +19.7%Fiscal year 2025Revenue4,322.8 −2.9%Net income217.2 −35.2%EPS, diluted2.14 −35.9%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 744.3 1,133.8 1,923.9 3,342.3 3,748.6 4,449.9 4,322.8
Growth +52.3% +69.7% +73.7% +12.2% +18.7% −2.9%
Net income 39.2 79.1 135.6 262.3 295.9 335.3 217.2
Growth +101.8% +71.5% +93.4% +12.8% +13.3% −35.2%
EPS, diluted 0.00 0.00 1.27 2.45 2.79 3.34 2.14
Growth +92.9% +13.9% +19.7% −35.9%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2019Net margin5.3%Free cash flow margin3.7%Fiscal year 2020Net margin7.0%Free cash flow margin8.3%Fiscal year 2021Net margin7.0%Free cash flow margin3.2%Fiscal year 2022Net margin7.8%Free cash flow margin−1.0%Fiscal year 2023Net margin7.9%Free cash flow margin9.9%Fiscal year 2024Net margin7.5%Free cash flow margin−6.3%Fiscal year 2025Net margin5.0%Free cash flow margin−2.9%
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 5.3% 7.0% 7.0% 7.8% 7.9% 7.5% 5.0%
Free cash flow margin 3.7% 8.3% 3.2% −1.0% 9.9% −6.3% −2.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2019Operating cash flow30.4Capital expenditure−2.9Free cash flow27.5Fiscal year 2020Operating cash flow96.9Capital expenditure−2.9Free cash flow94.0 +241.3%Fiscal year 2021Operating cash flow65.0Capital expenditure−2.8Free cash flow62.2 −33.8%Fiscal year 2022Operating cash flow−27.6Capital expenditure−5.5Free cash flow−33.2 −153.3%Buybacks0.0Fiscal year 2023Operating cash flow374.2Capital expenditure−4.8Free cash flow369.5Buybacks0.0Fiscal year 2024Operating cash flow−256.6Capital expenditure−25.3Free cash flow−282.0 −176.3%Buybacks−7.8Fiscal year 2025Operating cash flow−100.6Capital expenditure−25.8Free cash flow−126.4Buybacks−41.7
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 30.4 96.9 65.0 −27.6 374.2 −256.6 −100.6
Capital expenditure −2.9 −2.9 −2.8 −5.5 −4.8 −25.3 −25.8
Free cash flow 27.5 94.0 62.2 −33.2 369.5 −282.0 −126.4
Growth +241.3% −33.8% −153.3% −176.3%
Buybacks n/a n/a n/a 0.0 0.0 −7.8 −41.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2019Cash50.6Fiscal year 2020Cash43.7Total debt29.7Net cash (debt)14.0Fiscal year 2021Cash227.2Total debt3.3Net cash (debt)223.9Shareholders’ equity401.2Debt to equity0.01Fiscal year 2022Cash364.5Shareholders’ equity644.6Fiscal year 2023Cash494.1Shareholders’ equity924.6Fiscal year 2024Cash274.4Total debt1,286.1Net cash (debt)−1,011.7Shareholders’ equity1,244.9Debt to equity1.03Fiscal year 2025Cash234.8Total debt1,606.2Net cash (debt)−1,371.4Shareholders’ equity1,424.6Debt to equity1.13
FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 50.6 43.7 227.2 364.5 494.1 274.4 234.8
Total debt n/a 29.7 3.3 n/a n/a 1,286.1 1,606.2
Net cash (debt) n/a 14.0 223.9 n/a n/a −1,011.7 −1,371.4
Shareholders’ equity n/a n/a 401.2 644.6 924.6 1,244.9 1,424.6
Debt to equity n/a n/a 0.01 n/a n/a 1.03 1.13

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Cash flow

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Operations
30.4 96.9 65.0 −27.6 374.2 −256.6 −100.6
Growth +218.5% −33.0% −142.5% −168.6%
3.0 4.0 6.1 11.3 n/a n/a n/a
Investment
−2.9 −2.9 −2.8 −5.5 −4.8 −25.3 −25.8
calc 27.5 94.0 62.2 −33.2 369.5 −282.0 −126.4
Growth +241.3% −33.8% −153.3% −176.3%
calc n/a n/a 0.65 −0.31 3.48 −2.81 −1.25
−17.8 −13.0 −523.0 −5.5 −4.5 −221.7 −225.8
Financing
26.1 −65.8 646.0 147.0 −216.4 269.7 271.0
n/a n/a n/a 0.0 0.0 −7.8 −41.7

Lines marked calc are worked out here from filed figures; point at one for how. Capital expenditure, dividends and buybacks are shown as money out, so negative.