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Side-by-side financial comparison of CALERES INC (CAL) and Dream Finders Homes, Inc. (DFH). Click either name above to swap in a different company.
Dream Finders Homes, Inc. is the larger business by last-quarter revenue ($1.2B vs $790.1M, roughly 1.5× CALERES INC). Dream Finders Homes, Inc. runs the higher net margin — 4.8% vs 0.3%, a 4.5% gap on every dollar of revenue. On growth, CALERES INC posted the faster year-over-year revenue change (6.6% vs -22.3%). Dream Finders Homes, Inc. produced more free cash flow last quarter ($136.0M vs $-12.4M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 6.5%).
Caleres Inc. is an American footwear company that owns and operates a variety of footwear brands. Its headquarters is located in Clayton, Missouri, a suburb of St. Louis. The company was founded in 1878 as Bryan, Brown & Company in St. Louis, though it underwent several name changes. The Hamilton-Brown Shoe Company was the largest manufacturer of shoes in America in the early 20th century, but it went bankrupt in June 1939.
Dream Finders Homes, Inc. is a U.S. homebuilding firm that constructs and sells entry-level to luxury residential properties, including single-family homes and townhomes, across high-growth domestic markets. It also provides mortgage, title insurance and home warranty services for homebuyers.
CAL vs DFH — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $790.1M | $1.2B |
| Net Profit | $2.4M | $58.8M |
| Gross Margin | 41.8% | — |
| Operating Margin | 1.5% | 6.4% |
| Net Margin | 0.3% | 4.8% |
| Revenue YoY | 6.6% | -22.3% |
| Net Profit YoY | -94.2% | -54.9% |
| EPS (diluted) | $0.07 | $0.57 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $790.1M | $1.2B | ||
| Q3 25 | $658.5M | $969.8M | ||
| Q2 25 | $614.2M | $1.2B | ||
| Q1 25 | $639.2M | $989.9M | ||
| Q4 24 | $740.9M | $1.6B | ||
| Q3 24 | $683.3M | $1.0B | ||
| Q2 24 | $659.2M | $1.1B | ||
| Q1 24 | $697.1M | $827.8M |
| Q4 25 | $2.4M | $58.8M | ||
| Q3 25 | $6.7M | $47.0M | ||
| Q2 25 | $6.9M | $56.6M | ||
| Q1 25 | $4.9M | $54.9M | ||
| Q4 24 | $41.4M | $130.5M | ||
| Q3 24 | $30.0M | $70.7M | ||
| Q2 24 | $30.9M | $80.9M | ||
| Q1 24 | $55.7M | $54.5M |
| Q4 25 | 41.8% | — | ||
| Q3 25 | 43.4% | — | ||
| Q2 25 | 45.4% | — | ||
| Q1 25 | 43.0% | — | ||
| Q4 24 | 44.1% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 46.9% | 19.2% | ||
| Q1 24 | 43.9% | 18.0% |
| Q4 25 | 1.5% | 6.4% | ||
| Q3 25 | 1.4% | 6.3% | ||
| Q2 25 | 1.9% | 6.4% | ||
| Q1 25 | 1.2% | 7.2% | ||
| Q4 24 | 7.7% | 10.8% | ||
| Q3 24 | 6.2% | 9.2% | ||
| Q2 24 | 6.5% | 10.0% | ||
| Q1 24 | 4.4% | 8.6% |
| Q4 25 | 0.3% | 4.8% | ||
| Q3 25 | 1.0% | 4.8% | ||
| Q2 25 | 1.1% | 4.9% | ||
| Q1 25 | 0.8% | 5.5% | ||
| Q4 24 | 5.6% | 8.4% | ||
| Q3 24 | 4.4% | 7.0% | ||
| Q2 24 | 4.7% | 7.7% | ||
| Q1 24 | 8.0% | 6.6% |
| Q4 25 | $0.07 | $0.57 | ||
| Q3 25 | $0.20 | $0.47 | ||
| Q2 25 | $0.21 | $0.56 | ||
| Q1 25 | $0.17 | $0.54 | ||
| Q4 24 | $1.19 | $1.28 | ||
| Q3 24 | $0.85 | $0.70 | ||
| Q2 24 | $0.88 | $0.81 | ||
| Q1 24 | $1.56 | $0.55 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $34.0M | $234.8M |
| Total DebtLower is stronger | — | $1.6B |
| Stockholders' EquityBook value | $616.8M | $1.4B |
| Total Assets | $2.1B | $3.7B |
| Debt / EquityLower = less leverage | — | 1.13× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $34.0M | $234.8M | ||
| Q3 25 | $191.5M | $251.0M | ||
| Q2 25 | $33.1M | $210.3M | ||
| Q1 25 | $29.6M | $297.5M | ||
| Q4 24 | $33.7M | $274.4M | ||
| Q3 24 | $51.8M | $204.9M | ||
| Q2 24 | $30.7M | $274.8M | ||
| Q1 24 | $21.4M | $239.4M |
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.8B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $616.8M | $1.4B | ||
| Q3 25 | $613.3M | $1.4B | ||
| Q2 25 | $605.2M | $1.3B | ||
| Q1 25 | $599.0M | $1.3B | ||
| Q4 24 | $598.3M | $1.2B | ||
| Q3 24 | $606.1M | $1.1B | ||
| Q2 24 | $570.3M | $1.0B | ||
| Q1 24 | $560.6M | $968.7M |
| Q4 25 | $2.1B | $3.7B | ||
| Q3 25 | $2.2B | $3.8B | ||
| Q2 25 | $1.9B | $3.7B | ||
| Q1 25 | $1.9B | $3.5B | ||
| Q4 24 | $2.0B | $3.3B | ||
| Q3 24 | $2.0B | $3.3B | ||
| Q2 24 | $1.9B | $3.0B | ||
| Q1 24 | $1.8B | $2.7B |
| Q4 25 | — | 1.13× | ||
| Q3 25 | — | 1.29× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.03× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-1.2M | $143.6M |
| Free Cash FlowOCF − Capex | $-12.4M | $136.0M |
| FCF MarginFCF / Revenue | -1.6% | 11.2% |
| Capex IntensityCapex / Revenue | 1.4% | 0.6% |
| Cash ConversionOCF / Net Profit | -0.50× | 2.44× |
| TTM Free Cash FlowTrailing 4 quarters | $14.4M | $-126.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-1.2M | $143.6M | ||
| Q3 25 | $47.3M | $-131.0M | ||
| Q2 25 | $-5.7M | $-68.5M | ||
| Q1 25 | $28.7M | $-44.7M | ||
| Q4 24 | $-39.8M | $306.5M | ||
| Q3 24 | $79.6M | $-205.0M | ||
| Q2 24 | $36.1M | $-110.6M | ||
| Q1 24 | $43.0M | $-247.5M |
| Q4 25 | $-12.4M | $136.0M | ||
| Q3 25 | $35.0M | $-135.7M | ||
| Q2 25 | $-26.2M | $-78.8M | ||
| Q1 25 | $18.0M | $-47.9M | ||
| Q4 24 | $-57.4M | $302.6M | ||
| Q3 24 | $68.5M | $-222.5M | ||
| Q2 24 | $26.3M | $-112.4M | ||
| Q1 24 | $32.4M | $-249.6M |
| Q4 25 | -1.6% | 11.2% | ||
| Q3 25 | 5.3% | -14.0% | ||
| Q2 25 | -4.3% | -6.8% | ||
| Q1 25 | 2.8% | -4.8% | ||
| Q4 24 | -7.7% | 19.4% | ||
| Q3 24 | 10.0% | -22.1% | ||
| Q2 24 | 4.0% | -10.6% | ||
| Q1 24 | 4.6% | -30.2% |
| Q4 25 | 1.4% | 0.6% | ||
| Q3 25 | 1.9% | 0.5% | ||
| Q2 25 | 3.3% | 0.9% | ||
| Q1 25 | 1.7% | 0.3% | ||
| Q4 24 | 2.4% | 0.3% | ||
| Q3 24 | 1.6% | 1.7% | ||
| Q2 24 | 1.5% | 0.2% | ||
| Q1 24 | 1.5% | 0.3% |
| Q4 25 | -0.50× | 2.44× | ||
| Q3 25 | 7.05× | -2.79× | ||
| Q2 25 | -0.81× | -1.21× | ||
| Q1 25 | 5.82× | -0.81× | ||
| Q4 24 | -0.96× | 2.35× | ||
| Q3 24 | 2.66× | -2.90× | ||
| Q2 24 | 1.17× | -1.37× | ||
| Q1 24 | 0.77× | -4.54× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CAL
| Brand Portfolio | $383.7M | 49% |
| Landed Wholesale | $148.1M | 19% |
| Wholesale E Commerce | $75.0M | 9% |
| Ecommerce | $68.8M | 9% |
| Stuart Weitzman Brand | $45.8M | 6% |
| Landed Wholesale Ecommerce Drop Ship | $30.6M | 4% |
| First Cost Wholesale | $14.9M | 2% |
| Clt Brand Solutions | $10.2M | 1% |
| License And Royalty | $2.1M | 0% |
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
