Dream Finders Homes reports record Q4 revenue $1.1B, net income up 51% YoY; net new orders drop 44%

Dream Finders Homes, Inc.

Q4 homebuilding revenues $1.1B (record, +29% YoY); net income $86M (+51%); EPS $0.89 vs $0.58.
Full year 2022 revenue $3.3B (+74%), net income $262M (+117%), EPS $2.67 vs $1.27.
Q4 net new orders 1,107 (down 44% YoY); cancellation rate 32.1% vs 13.1%.
Backlog 5,548 homes valued at $2.5B; FY 2023 guidance ~6,000 home closings.
Return on participating equity 49.1% (up from 44.3%); total liquidity $487M.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dream Finders Homes, Inc. reported Q4 2022 vs Q4 2021 results: revenue Homebuilding revenues increased 29% to $1.1 billion, net income Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share, EPS $0.89 per basic share.

Period: Q4 2022 vs Q4 2021
Revenue: Homebuilding revenues increased 29% to $1.1 billion
Net income: Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share
EPS: $0.89 per basic share
Result: reported results

Exact text from the filing

Homebuilding revenues increased 29% to $1.1 billion, a Company record, compared to $850 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Period: Q4 2022 vs Q4 2021
Revenue: Homebuilding revenues increased 29% to $1.1 billion
Net income: Net income attributable to DFH increased 51% to $86 million, or $0.89 per basic share
EPS: $0.89 per basic share
Result: reported results

Exact text from the filing

of 1933, as amended, or the Exchange Act. --- EX-99.1 (EX-99.1) --- Dream Finders Announces Fourth Quarter and Full Year 2022 Results Company Record Homebuilding Revenues of $1.1 billion for Fourth Quarter and $3.3 billion for Full Year 2022 Net Income Up 117% For Full Year 2022 Return on Participating Equity of 49.1% Jacksonville, Fla. – March 2, 2023 — Dream

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Dream Finders Homes, Inc. reported Full Year 2022 vs Full Year 2021 results: revenue Homebuilding revenues increased 74% to $3.3 billion, net income Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share, EPS $2.67 per basic share.

Period: Full Year 2022 vs Full Year 2021
Revenue: Homebuilding revenues increased 74% to $3.3 billion
Net income: Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share
EPS: $2.67 per basic share
Result: reported results

Exact text from the filing

Homebuilding revenues increased 74% to $3.3 billion, a Company record, compared to $1.9 billion

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Period: Full Year 2022 vs Full Year 2021
Revenue: Homebuilding revenues increased 74% to $3.3 billion
Net income: Net income attributable to DFH increased 117% to $262 million, or $2.67 per basic share
EPS: $2.67 per basic share
Result: reported results

Exact text from the filing

Act. --- EX-99.1 (EX-99.1) --- Dream Finders Announces Fourth Quarter and Full Year 2022 Results Company Record Homebuilding Revenues of $1.1 billion for Fourth Quarter and $3.3 billion for Full Year 2022 Net Income Up 117% For Full Year 2022 Return on Participating Equity of 49.1% Jacksonville, Fla. – March 2, 2023 — Dream Finders Homes, Inc. (the “Company”,

View on SEC.gov

Browse all earnings releases →

Dream Finders Homes, Inc. filing history →

Source: SEC EDGAR

accession 0001825088-23-000008

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.