Dream Finders Homes (DFH) Operating Margin (2020 - 2026)

Dream Finders Homes' (DFH) quarterly Operating Margin came in at 87.51% in Q1 2026, down 70.0% year-on-year from 291.7% in Q1 2025, and down 37.63% quarter-over-quarter from 140.31% in Q4 2025.

Dream Finders Homes (DFH) Operating Margin (2020 - 2026) Analysis & Trends

Dream Finders Homes' Operating Margin history runs 7 years deep, the most recent figure standing at 87.51% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 70.0% year-over-year to 87.51% in Q1 2026; TTM through Mar 2026 was 102.22%, a 1636.0% increase from a year earlier, with the FY2025 full-year figure at 88.78%, down 202.0% from the prior year.
  • Operating Margin eased to 87.51% in Q1 2026 per DFH's latest filing, from 140.31% in the prior quarter.
  • Across five years, Operating Margin topped out at 258.55% in Q4 2022 and bottomed at 8.34% in Q1 2024.
  • The 5-year median for Operating Margin is 84.84% (2025), against an average of 68.44%.
  • Across the five-year window, Operating Margin jumped 24931 bps in 2022 and plunged 16632 bps in 2023, its largest moves.
  • Year by year, Operating Margin stood at 258.55% in 2022, then plunged by 64 bps to 92.24% in 2023, then increased by 1 bps to 93.53% in 2024, then jumped by 50 bps to 140.31% in 2025, then tumbled by 38 bps to 87.51% in 2026.
  • Per Business Quant, the three latest DFH Operating Margin figures stand at 87.51% (Q1 2026), 140.31% (Q4 2025), and 88.71% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Horton D R 40.90 Bn 39.56 Bn 2.15 Bn 12.52%
2 Pultegroup 23.36 Bn 22.03 Bn 3.92 Bn 88.86%
3 Lennar 19.77 Bn 19.63 Bn 7.69 Bn 1.84%
4 Nvr 17.18 Bn 15.54 Bn 1.31 Bn 61.14%
5 Toll Brothers 15.08 Bn 13.99 Bn 604.89 Mn 13.69%
6 Taylor Morrison Home 6.96 Bn 6.31 Bn 290.64 Mn 10.22%
7 Installed Building Products 5.97 Bn 5.50 Bn 212.30 Mn 8.72%
8 Meritage Homes 4.78 Bn 4.01 Bn 68.61 Mn -5.62%
9 Champion Homes 4.47 Bn 3.81 Bn 172.19 Mn 9.51%
10 Dream Finders Homes 1.35 Bn 943.18 Mn 887.84 Mn 87.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 87.51%
Dec 31, 2025 140.31%
Sep 30, 2025 88.71%
Jun 30, 2025 84.84%
Mar 31, 2025 88.21%
Dec 31, 2024 93.53%
Sep 30, 2024 66.46%
Jun 30, 2024 90.83%
Mar 31, 2024 8.34%
Dec 31, 2023 92.24%
Sep 30, 2023 12.06%
Jun 30, 2023 11.51%
Mar 31, 2023 9.27%
Dec 31, 2022 258.55%
Sep 30, 2022 9.98%
Jun 30, 2022 11.56%
Mar 31, 2022 9.56%
Dec 31, 2021 9.24%
Sep 30, 2021 7.08%
Jun 30, 2021 8.64%