7 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 30.7% per year over the past 5 years.
Net income has grown slower than revenue (22.4% vs 30.7% per year).
Financial health
Total debt ($1.6B) exceeds cash ($235M); net debt is $1.4B.
Total debt has grown faster than revenue (122.2% vs 30.7% per year).
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$4.3B
$217M
0.0%
0.0%
-$126M
$1.6B
$235M
2024
$4.4B
$341M
0.0%
0.0%
-$282M
$1.3B
$274M
2023
$3.7B
$308M
19.7%
0.0%
$369M
—
$494M
2022
$3.3B
$274M
18.6%
0.0%
-$33M
—
$365M
2021
$1.9B
$135M
16.3%
0.0%
$62M
$3M
$227M
2020
$1.1B
$79M
15.1%
0.0%
$94M
$30M
$44M
2019
$744M
$39M
13.8%
0.0%
$28M
—
$51M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$888M
$13M
0.0%
0.0%
-$55M
$1.9B
$435M
Dec '25
$1.2B
$59M
0.0%
0.0%
$136M
$1.6B
$235M
Sep '25
$970M
$47M
0.0%
0.0%
-$136M
$1.8B
$251M
Jun '25
$1.2B
$57M
0.0%
0.0%
-$79M
—
$210M
Mar '25
$990M
$55M
0.0%
0.0%
-$48M
—
$297M
Dec '24
$1.6B
$129M
0.0%
0.0%
$303M
$1.3B
$274M
Sep '24
$1.0B
$71M
0.0%
0.0%
-$223M
—
$205M
Jun '24
$1.1B
$81M
19.2%
0.0%
-$112M
—
$275M
Mar '24
$828M
$54M
18.0%
0.0%
-$250M
—
$239M
Dec '23
$1.1B
$102M
20.7%
0.0%
$219M
—
$494M
Sep '23
$896M
$76M
20.8%
0.0%
$86M
—
$330M
Jun '23
$945M
$69M
19.3%
0.0%
$102M
—
$293M
Mar '23
$769M
$49M
17.2%
0.0%
-$37M
—
$267M
Dec '22
$1.1B
$86M
17.3%
0.0%
$252M
—
$365M
Sep '22
$786M
$70M
18.7%
0.0%
-$67M
$1M
$124M
Jun '22
$793M
$63M
19.9%
0.0%
-$94M
$2M
$84M
Mar '22
$664M
$44M
18.9%
0.0%
-$123M
$2M
$100M
Dec '21
$852M
$57M
16.4%
0.0%
$183M
$3M
$227M
Sep '21
$363M
$19M
16.4%
0.0%
-$25M
$4M
$90M
Jun '21
$365M
$29M
16.9%
0.0%
-$72M
$4M
$34M
Valuation over time
How the market has priced DFH against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 4.4× (Mar '23) to 7.1× (Jun '26).
The price-to-sales ratio has fallen from 0.4× (Mar '23) to 0.4× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is DFH growing its revenue and profit?
Over the past 5 years, Dream Finders Homes, Inc.'s revenue has grown 30.7% per year, and net income grown 22.4% per year. These are computed facts, not advice.
How much debt does DFH have?
As of FY2025, Dream Finders Homes, Inc. reported $1.6B of total debt against $235M of cash.
What is DFH's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 5.0%.
What is DFH's P/E ratio?
As of Jun '26, Dream Finders Homes, Inc. traded at a price-to-earnings ratio of about 7.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.