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Stock impact report

Dream Finders Announces Fourth Quarter and Full Year 2024 Results [Yahoo! Finance]

Dream Finders Homes, Inc. Class A (DFH) 
Company Research Source: Yahoo! Finance
Return on Participating Equity of 29.7% JACKSONVILLE, Fla., February 25, 2025 BUSINESS WIRE )--Dream Finders Homes, Inc. (the "Company", "Dream Finders Homes", "Dream Finders" or "DFH") (NYSE: DFH) announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights (As Compared to Fourth Quarter 2023) Homebuilding revenues increased 35% to $1.5 billion from $1.1 billion Home closings increased 40% to 3,008 from 2,153 Net new orders increased 46% to 1,611 from 1,106 Homebuilding gross margin of 17.7% compared to 20.5% Adjusted homebuilding gross margin (non-GAAP) of 26.9% compared to 28.1% Pre-tax income increased 24% to $169 million from $135 million Net income attributable to DFH increased 27% to $129 million, or $1.35 per basic share, from $102 million, or $1.06 per basic share Financial services pre-tax income increased 94% to $11 million from $6 million Full Year 2024 Highlights ( As Compared to Full Y Show less Read more
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