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DFH Financials Dream Finders Homes, Inc.

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
$0 $2B $4B 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
0% 10% 20% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
0% 17% 33% 2019 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-$282M $44M $369M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $803M $2B 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$523M $61M $646M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 $4.3B $217M 0.0% 0.0% 15.3% 5.8% -$126M $1.6B $235M
2024 $4.4B $341M 0.0% 0.0% 27.4% 10.2% -$282M $1.3B $274M
2023 $3.7B $308M 19.7% 0.0% 33.3% 12.0% $369M — $494M
2022 $3.3B $274M 18.6% 0.0% — 11.6% -$33M — $365M
2021 $1.9B $135M 16.3% 0.0% — 7.1% $62M $3M $227M
2020 $1.1B $79M 15.1% 0.0% — 10.8% $94M $30M $44M
2019 $744M $39M 13.8% 0.0% — — $28M — $51M

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.

Price / earnings (P/E)
0.0 6.5 13.0 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
P/E
Price / sales (P/S)
0.0 0.5 1.1 Mar '23 Sep '23 Mar '24 Sep '24 Mar '25 Sep '25 Mar '26 Sep '26
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?

Dream Finders Homes, Inc.'s P/E (TTM) is 6.84 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the DFH stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 4.6× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.