Dream Finders Homes, Inc. (DFH)

Dream Finders Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,807	3,749	3,342	1,924	1,134	744.29
Revenue Growth (YoY)	10.42%	12.15%	73.73%	69.69%	52.33%	42.51%
Cost of Revenue	3,053	3,012	2,722	1,610	962.93	641.34
Gross Profit	753.86	736.77	620.2	313.58	170.88	102.95
Selling, General & Admin	329.83	308.8	271.04	154.41	90.36	63.57
Other Operating Expenses	0	0	0	0	0	-0.03
Operating Expenses	329.83	308.8	271.04	154.41	90.36	63.54
Operating Income	424.03	427.98	349.16	159.17	80.52	39.41
Interest Expense / Income	0	0	0	0	0.87	0.22
Other Expense / Income	18.17	23.55	-7	-2.88	-4.86	-5.71
Pretax Income	405.86	404.43	356.16	162.05	84.51	44.9
Income Tax	93.99	96.48	81.86	27.46	0	0
Net Income	311.87	307.94	274.3	134.59	84.51	44.9
Net Income Growth	11.50%	12.27%	103.80%	59.26%	88.23%	93.01%
Shares Outstanding (Basic)	93	93	93	93	99	98
Shares Outstanding (Diluted)	100	106	107	95	99	98
Shares Change	-8.17%	-0.62%	11.94%	-3.79%	1.26%	-
EPS (Basic)	3.09	3.03	2.67	1.27	-	-
EPS (Diluted)	2.91	2.79	2.45	1.27	-	-
EPS Growth	17.81%	13.88%	92.91%	-	-	-
Free Cash Flow	157.21	369.82	-33.02	62.71	94.23	27.63
Free Cash Flow Per Share	1.69	3.97	-0.36	0.68	0.95	0.28
Gross Margin	19.80%	19.65%	18.56%	16.30%	15.07%	13.83%
Operating Margin	11.14%	11.42%	10.45%	8.27%	7.10%	5.29%
Profit Margin	8.19%	8.21%	8.21%	7.00%	7.45%	6.03%
Free Cash Flow Margin	4.13%	9.87%	-0.99%	3.26%	8.31%	3.71%
Effective Tax Rate	23.16%	23.86%	22.98%	16.94%	-	-
EBITDA	423.37	422.32	373.25	171.9	93.24	51.14
EBITDA Margin	11.12%	11.27%	11.17%	8.93%	8.22%	6.87%
Depreciation & Amortization	17.5	17.9	17.09	9.85	7.85	6.02
EBIT	405.86	404.43	356.16	162.05	85.38	45.12
EBIT Margin	10.66%	10.79%	10.66%	8.42%	7.53%	6.06%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).