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Dream Finders Homes, Inc. DFH

NYSE · stock · Operative Builders · website · IPO 2021-01-20

Dream Finders Homes, Inc. statistics & valuation

Market cap$1.6B
P / E7.2×
P / S0.4×
P / B1.1×
Net margin5.0%
Return on equity15.2%
FCF margin-2.9%
Net debt$1.4B
Enterprise value USD$2.9B
Graham number +80.9%$26.04

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($26.04); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
7.00% 6.30% 7.80% 7.90% 7.50% 5.00% 202020212022202320242025
Gross margin (%)
202020212022202320242025
Operating margin (%)
202020212022202320242025
Return on equity (%)
30.20% 40.70% 31.60% 26.80% 15.20% 202020212022202320242025
Shares outstanding
0 95.3M 106.7M 106.0M 100.3M 101.3M 202020212022202320242025
Net debt ($)
-$14.0M -$223.9M $1.01B $1.37B 202020212022202320242025
Share buybacks ($)
202020212022202320242025
Return on assets (%)
10.80% 6.40% 11.10% 11.50% 10.10% 5.80% 202020212022202320242025
Free cash flow margin (%)
8.30% 3.20% -1.00% 9.90% -6.30% -2.90% 202020212022202320242025
Debt / equity (×)
0.01× 1.03× 1.13× 202020212022202320242025
EPS ($)
$0.00 $1.27 $2.45 $2.79 $3.34 $2.14 202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Dream Finders Homes, Inc. trades at about 6.7× earnings — below its 10-year norm (10-year range 5.2×–14.7×, median 8.6×).

5.2× 14.7×

Shaded band = 10-year range (5.2×–14.7×); dot = today's 6.7×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020
Net margin5.0%7.5%7.9%7.8%6.3%7.0%
FCF margin-2.9%-6.3%9.9%-1.0%3.2%8.3%
Return on assets5.8%10.1%11.5%11.1%6.4%10.8%
Return on equity15.2%26.8%31.6%40.7%30.2%—
Debt / equity1.13×1.03×——0.01×—

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.