Tri Pointe Homes (TPH) Gross Margin (2012 - 2026)
Tri Pointe Homes' (TPH) quarterly Gross Margin came in at 99.84% in Q1 2026, down 5.0% year-on-year from 105.1% in Q1 2025, and little changed quarter-over-quarter from 99.92% in Q4 2025.
Tri Pointe Homes (TPH) Gross Margin (2012 - 2026) Analysis & Trends
Tri Pointe Homes' Gross Margin history runs 15 years deep, the most recent figure standing at 99.84% for Q1 2026.
- On a quarterly basis, Gross Margin fell 5.0% year-over-year to 99.84% in Q1 2026; TTM through Mar 2026 was 99.9%, a 3.0% decrease from a year earlier, with the FY2025 full-year figure at 99.91%, down 2.0% from the prior year.
- Gross Margin held at 99.84% in Q1 2026 per TPH's latest filing, from 99.92% in the prior quarter.
- Across five years, Gross Margin topped out at 233.34% in Q4 2022 and bottomed at 28.05% in Q3 2022.
- The 5-year median for Gross Margin is 99.91% (2023), against an average of 103.28%.
- Across the five-year window, Gross Margin jumped 13412 bps in 2022 and tumbled 13340 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 233.34% in 2022, then slumped by 57 bps to 99.94% in 2023, then dropped by 0 bps to 99.94% in 2024, then fell by 0 bps to 99.92% in 2025, then declined by 0 bps to 99.84% in 2026.
- Per Business Quant, the three latest TPH Gross Margin figures stand at 99.84% (Q1 2026), 99.92% (Q4 2025), and 99.91% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Horton D R | 40.90 Bn | 39.56 Bn | 2.15 Bn | 23.26% |
| 2 | Pultegroup | 23.36 Bn | 22.03 Bn | 3.92 Bn | 98.48% |
| 3 | Lennar | 19.77 Bn | 19.63 Bn | 7.69 Bn | 96.82% |
| 4 | Nvr | 17.18 Bn | 15.54 Bn | 1.31 Bn | 69.49% |
| 5 | Toll Brothers | 15.08 Bn | 13.99 Bn | 604.89 Mn | 23.90% |
| 6 | Taylor Morrison Home | 6.96 Bn | 6.31 Bn | 290.64 Mn | 20.95% |
| 7 | Installed Building Products | 5.97 Bn | 5.50 Bn | 212.30 Mn | 32.14% |
| 8 | Meritage Homes | 4.78 Bn | 4.01 Bn | 68.61 Mn | 6.19% |
| 9 | Champion Homes | 4.47 Bn | 3.81 Bn | 172.19 Mn | 26.22% |
| 10 | Tri Pointe Homes | 3.98 Bn | 3.13 Bn | 520.58 Mn | 99.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.84% |
| Dec 31, 2025 | 99.92% |
| Sep 30, 2025 | 99.91% |
| Jun 30, 2025 | 99.91% |
| Mar 31, 2025 | 99.89% |
| Dec 31, 2024 | 99.94% |
| Sep 30, 2024 | 99.93% |
| Jun 30, 2024 | 99.93% |
| Mar 31, 2024 | 99.92% |
| Dec 31, 2023 | 99.94% |
| Sep 30, 2023 | 99.91% |
| Jun 30, 2023 | 95.55% |
| Mar 31, 2023 | 99.91% |
| Dec 31, 2022 | 233.34% |
| Sep 30, 2022 | 28.05% |
| Jun 30, 2022 | 99.93% |
| Mar 31, 2022 | 99.91% |
| Dec 31, 2021 | 99.22% |
| Sep 30, 2021 | 99.92% |
| Jun 30, 2021 | 99.93% |