Rocket


Overview
Financials
News + Filings
Key Docs
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

Dream Finders Homes, Inc.

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-K10-K
Revenues:  
    Texas  1,325.3361.1   
    The Carolinas  482.6370.589.3  
    Colorado  169.4114.3122.3  
    Other  1,365.01,078.0922.2  
Total revenues   [+]3,342.31,923.91,133.8744.3519.2
            Revenue growth   [+]73.7%69.7%52.3%43.3% 
Cost of goods sold  2,722.11,610.3962.9641.30.0
Gross profit  620.2313.6170.9103.0519.2
            Gross margin  18.6%16.3%15.1%13.8%100.0%
Selling, general and administrative  271.0154.490.463.643.5
Equity in earnings  16.19.48.02.2 
Other operating expenses  20.113.44.5-7.5455.0
EBITDA   [+]356.4161.388.052.122.9
            EBITDA margin  10.7%8.4%7.8%7.0%4.4%
Depreciation and amortization  11.36.14.03.02.3
EBIT   [+]345.1155.284.049.120.7
            EBIT margin  10.3%8.1%7.4%6.6%4.0%
Non-recurring items   [+]-11.1-7.5-1.43.9-3.3
Interest expense  0.00.70.90.20.7
Pre-tax income  356.2162.084.544.923.3
Income taxes  81.927.50.00.00.0
            Tax rate  23.0%16.9%0.0%0.0%0.0%
Minority interest  12.013.55.45.7 
Net income  262.3121.179.139.20.0
            Net margin  7.8%6.3%7.0%5.3%0.0%
   
Basic EPS   [+]$2.83$1.31  $0.00
Diluted EPS   [+]$2.46$1.27  $0.00
   
Shares outstanding (basic)   [+]92.792.5  0.1
Shares outstanding (diluted)   [+]106.795.3  0.1
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy