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Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and Floor & Decor Holdings, Inc. (FND). 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 $1.1B, roughly 1.1× Floor & Decor Holdings, Inc.). Dream Finders Homes, Inc. runs the higher net margin — 4.8% vs 3.5%, a 1.4% gap on every dollar of revenue. On growth, Floor & Decor Holdings, Inc. posted the faster year-over-year revenue change (2.0% vs -22.3%). Dream Finders Homes, Inc. produced more free cash flow last quarter ($136.0M vs $45.1M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 1.5%).
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.
Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.
DFH vs FND — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.2B | $1.1B |
| Net Profit | $58.8M | $39.3M |
| Gross Margin | — | 43.5% |
| Operating Margin | 6.4% | 4.6% |
| Net Margin | 4.8% | 3.5% |
| Revenue YoY | -22.3% | 2.0% |
| Net Profit YoY | -54.9% | -17.2% |
| EPS (diluted) | $0.57 | $0.36 |
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 | $1.2B | $1.1B | ||
| Q3 25 | $969.8M | $1.2B | ||
| Q2 25 | $1.2B | $1.2B | ||
| Q1 25 | $989.9M | $1.2B | ||
| Q4 24 | $1.6B | $1.1B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $1.1B | $1.1B | ||
| Q1 24 | $827.8M | $1.1B |
| Q4 25 | $58.8M | $39.3M | ||
| Q3 25 | $47.0M | $57.3M | ||
| Q2 25 | $56.6M | $63.2M | ||
| Q1 25 | $54.9M | $48.9M | ||
| Q4 24 | $130.5M | $47.5M | ||
| Q3 24 | $70.7M | $51.7M | ||
| Q2 24 | $80.9M | $56.7M | ||
| Q1 24 | $54.5M | $50.0M |
| Q4 25 | — | 43.5% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 43.9% | ||
| Q1 25 | — | 43.8% | ||
| Q4 24 | — | 43.5% | ||
| Q3 24 | — | 43.5% | ||
| Q2 24 | 19.2% | 43.3% | ||
| Q1 24 | 18.0% | 42.8% |
| Q4 25 | 6.4% | 4.6% | ||
| Q3 25 | 6.3% | 6.1% | ||
| Q2 25 | 6.4% | 6.7% | ||
| Q1 25 | 7.2% | 5.5% | ||
| Q4 24 | 10.8% | 5.3% | ||
| Q3 24 | 9.2% | 5.9% | ||
| Q2 24 | 10.0% | 6.3% | ||
| Q1 24 | 8.6% | 5.4% |
| Q4 25 | 4.8% | 3.5% | ||
| Q3 25 | 4.8% | 4.9% | ||
| Q2 25 | 4.9% | 5.2% | ||
| Q1 25 | 5.5% | 4.2% | ||
| Q4 24 | 8.4% | 4.3% | ||
| Q3 24 | 7.0% | 4.6% | ||
| Q2 24 | 7.7% | 5.0% | ||
| Q1 24 | 6.6% | 4.6% |
| Q4 25 | $0.57 | $0.36 | ||
| Q3 25 | $0.47 | $0.53 | ||
| Q2 25 | $0.56 | $0.58 | ||
| Q1 25 | $0.54 | $0.45 | ||
| Q4 24 | $1.28 | $0.44 | ||
| Q3 24 | $0.70 | $0.48 | ||
| Q2 24 | $0.81 | $0.52 | ||
| Q1 24 | $0.55 | $0.46 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $234.8M | — |
| Total DebtLower is stronger | $1.6B | — |
| Stockholders' EquityBook value | $1.4B | $2.4B |
| Total Assets | $3.7B | $5.5B |
| Debt / EquityLower = less leverage | 1.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $234.8M | — | ||
| Q3 25 | $251.0M | — | ||
| Q2 25 | $210.3M | — | ||
| Q1 25 | $297.5M | — | ||
| Q4 24 | $274.4M | — | ||
| Q3 24 | $204.9M | — | ||
| Q2 24 | $274.8M | — | ||
| Q1 24 | $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 | $1.4B | $2.4B | ||
| Q3 25 | $1.4B | $2.4B | ||
| Q2 25 | $1.3B | $2.3B | ||
| Q1 25 | $1.3B | $2.2B | ||
| Q4 24 | $1.2B | $2.2B | ||
| Q3 24 | $1.1B | $2.1B | ||
| Q2 24 | $1.0B | $2.0B | ||
| Q1 24 | $968.7M | $2.0B |
| Q4 25 | $3.7B | $5.5B | ||
| Q3 25 | $3.8B | $5.5B | ||
| Q2 25 | $3.7B | $5.4B | ||
| Q1 25 | $3.5B | $5.4B | ||
| Q4 24 | $3.3B | $5.1B | ||
| Q3 24 | $3.3B | $4.9B | ||
| Q2 24 | $3.0B | $4.8B | ||
| Q1 24 | $2.7B | $4.7B |
| 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 | $143.6M | $124.1M |
| Free Cash FlowOCF − Capex | $136.0M | $45.1M |
| FCF MarginFCF / Revenue | 11.2% | 4.0% |
| Capex IntensityCapex / Revenue | 0.6% | 7.0% |
| Cash ConversionOCF / Net Profit | 2.44× | 3.15× |
| TTM Free Cash FlowTrailing 4 quarters | $-126.4M | $64.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $143.6M | $124.1M | ||
| Q3 25 | $-131.0M | $102.5M | ||
| Q2 25 | $-68.5M | $84.1M | ||
| Q1 25 | $-44.7M | $71.2M | ||
| Q4 24 | $306.5M | $101.4M | ||
| Q3 24 | $-205.0M | $160.3M | ||
| Q2 24 | $-110.6M | $194.0M | ||
| Q1 24 | $-247.5M | $147.5M |
| Q4 25 | $136.0M | $45.1M | ||
| Q3 25 | $-135.7M | $24.5M | ||
| Q2 25 | $-78.8M | $-10.0M | ||
| Q1 25 | $-47.9M | $4.4M | ||
| Q4 24 | $302.6M | $3.9M | ||
| Q3 24 | $-222.5M | $36.5M | ||
| Q2 24 | $-112.4M | $80.0M | ||
| Q1 24 | $-249.6M | $35.8M |
| Q4 25 | 11.2% | 4.0% | ||
| Q3 25 | -14.0% | 2.1% | ||
| Q2 25 | -6.8% | -0.8% | ||
| Q1 25 | -4.8% | 0.4% | ||
| Q4 24 | 19.4% | 0.4% | ||
| Q3 24 | -22.1% | 3.3% | ||
| Q2 24 | -10.6% | 7.1% | ||
| Q1 24 | -30.2% | 3.3% |
| Q4 25 | 0.6% | 7.0% | ||
| Q3 25 | 0.5% | 6.6% | ||
| Q2 25 | 0.9% | 7.8% | ||
| Q1 25 | 0.3% | 5.7% | ||
| Q4 24 | 0.3% | 8.8% | ||
| Q3 24 | 1.7% | 11.1% | ||
| Q2 24 | 0.2% | 10.1% | ||
| Q1 24 | 0.3% | 10.2% |
| Q4 25 | 2.44× | 3.15× | ||
| Q3 25 | -2.79× | 1.79× | ||
| Q2 25 | -1.21× | 1.33× | ||
| Q1 25 | -0.81× | 1.46× | ||
| Q4 24 | 2.35× | 2.14× | ||
| Q3 24 | -2.90× | 3.10× | ||
| Q2 24 | -1.37× | 3.42× | ||
| Q1 24 | -4.54× | 2.95× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DFH
| Midwest Segment | $454.2M | 37% |
| Southeast Segment | $397.5M | 33% |
| Mid Atlantic Segment | $307.3M | 25% |
| Financial Services Segment | $53.7M | 4% |
FND
| Laminate And Vinyl | $310.1M | 27% |
| Tile | $259.1M | 23% |
| Installation Materials And Tools | $218.4M | 19% |
| Decorative Accessories And Wall Tile | $177.0M | 16% |
| Wood | $83.2M | 7% |
| Natural Stone | $46.8M | 4% |
| Adjacent Categories | $26.6M | 2% |
| Other | $8.5M | 1% |