Dream Finders Homes Q4 revenue $1.1B, net income up 18%; full-year record $3.7B revenue

Dream Finders Homes, Inc.

2023-FY EPS reported $2.79 revenue$3,748,586,000

Q4 homebuilding revenue $1.1B (+3% YoY); full-year $3.7B (+12%); EPS $1.06 per basic share vs $0.89.
Q4 homebuilding gross margin 20.5% (up 340 bps); adjusted gross margin 28.1% (up 440 bps).
Issued $300M of 8.25% senior notes due 2028 to repay revolver; net debt to cap improved to 23.3%.
Total liquidity $828M (up from $487M); return on participating equity 36.3%.
Announced acquisition of Crescent Homes (three new markets); 2024 guidance ~8,250 home closings.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Dream Finders Homes, Inc. reported financial results for the three months and fiscal year ended December 31, 2023.

Period: the three months and fiscal year ended December 31, 2023
Result: reported results

Exact text from the filing

issued a press release announcing its financial results for the three months and fiscal year ended December 31, 2023

View on SEC.gov

Browse all earnings releases →

Dream Finders Homes, Inc. filing history →

Source: SEC EDGAR

accession 0001825088-24-000013

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.