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Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and Hyatt Hotels Corp (H). Click either name above to swap in a different company.
Hyatt Hotels Corp is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× Dream Finders Homes, Inc.). Dream Finders Homes, Inc. runs the higher net margin — 4.8% vs -1.1%, a 6.0% gap on every dollar of revenue. On growth, Hyatt Hotels Corp posted the faster year-over-year revenue change (11.7% vs -22.3%). Hyatt Hotels Corp produced more free cash flow last quarter ($236.0M vs $136.0M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 2.2%).
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.
Hyatt Hotels Corporation, commonly known as Hyatt Hotels & Resorts, is an American multinational hospitality company headquartered in the Riverside Plaza area of Chicago that manages and franchises luxury and business hotels, resorts, and vacation properties. Hyatt Hotels & Resorts is one of the businesses managed by the Pritzker family. Hyatt has more than 1350 hotels and all-inclusive properties in 69 countries, across North America, South America, Europe, Asia, Africa and Australia.
DFH vs H — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.8B |
| Net Profit | $58.8M | $-20.0M |
| Gross Margin | — | — |
| Operating Margin | 6.4% | 0.4% |
| Net Margin | 4.8% | -1.1% |
| Revenue YoY | -22.3% | 11.7% |
| Net Profit YoY | -54.9% | 64.3% |
| EPS (diluted) | $0.57 | $-0.20 |
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 | $1.8B | ||
| Q3 25 | $969.8M | $1.8B | ||
| Q2 25 | $1.2B | $1.8B | ||
| Q1 25 | $989.9M | $1.7B | ||
| Q4 24 | $1.6B | $1.6B | ||
| Q3 24 | $1.0B | $1.6B | ||
| Q2 24 | $1.1B | $1.7B | ||
| Q1 24 | $827.8M | $1.7B |
| Q4 25 | $58.8M | $-20.0M | ||
| Q3 25 | $47.0M | $-49.0M | ||
| Q2 25 | $56.6M | $-3.0M | ||
| Q1 25 | $54.9M | $20.0M | ||
| Q4 24 | $130.5M | $-56.0M | ||
| Q3 24 | $70.7M | $471.0M | ||
| Q2 24 | $80.9M | $359.0M | ||
| Q1 24 | $54.5M | $522.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 18.0% | — |
| Q4 25 | 6.4% | 0.4% | ||
| Q3 25 | 6.3% | -1.0% | ||
| Q2 25 | 6.4% | 2.1% | ||
| Q1 25 | 7.2% | 3.0% | ||
| Q4 24 | 10.8% | -3.0% | ||
| Q3 24 | 9.2% | 37.3% | ||
| Q2 24 | 10.0% | 27.1% | ||
| Q1 24 | 8.6% | 31.6% |
| Q4 25 | 4.8% | -1.1% | ||
| Q3 25 | 4.8% | -2.7% | ||
| Q2 25 | 4.9% | -0.2% | ||
| Q1 25 | 5.5% | 1.2% | ||
| Q4 24 | 8.4% | -3.5% | ||
| Q3 24 | 7.0% | 28.9% | ||
| Q2 24 | 7.7% | 21.1% | ||
| Q1 24 | 6.6% | 30.5% |
| Q4 25 | $0.57 | $-0.20 | ||
| Q3 25 | $0.47 | $-0.51 | ||
| Q2 25 | $0.56 | $-0.03 | ||
| Q1 25 | $0.54 | $0.19 | ||
| Q4 24 | $1.28 | $-0.37 | ||
| Q3 24 | $0.70 | $4.63 | ||
| Q2 24 | $0.81 | $3.46 | ||
| Q1 24 | $0.55 | $4.93 |
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 | $813.0M |
| Total DebtLower is stronger | $1.6B | — |
| Stockholders' EquityBook value | $1.4B | $3.3B |
| Total Assets | $3.7B | $14.0B |
| Debt / EquityLower = less leverage | 1.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $234.8M | $813.0M | ||
| Q3 25 | $251.0M | $749.0M | ||
| Q2 25 | $210.3M | $912.0M | ||
| Q1 25 | $297.5M | $1.8B | ||
| Q4 24 | $274.4M | $1.4B | ||
| Q3 24 | $204.9M | $1.1B | ||
| Q2 24 | $274.8M | $2.0B | ||
| Q1 24 | $239.4M | $794.0M |
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.8B | $6.0B | ||
| Q2 25 | — | $6.0B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | $1.3B | $3.8B | ||
| Q3 24 | — | $3.1B | ||
| Q2 24 | — | $3.9B | ||
| Q1 24 | — | $3.1B |
| Q4 25 | $1.4B | $3.3B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.3B | $3.6B | ||
| Q1 25 | $1.3B | $3.5B | ||
| Q4 24 | $1.2B | $3.5B | ||
| Q3 24 | $1.1B | $3.7B | ||
| Q2 24 | $1.0B | $3.9B | ||
| Q1 24 | $968.7M | $3.7B |
| Q4 25 | $3.7B | $14.0B | ||
| Q3 25 | $3.8B | $15.7B | ||
| Q2 25 | $3.7B | $15.9B | ||
| Q1 25 | $3.5B | $14.0B | ||
| Q4 24 | $3.3B | $13.3B | ||
| Q3 24 | $3.3B | $11.9B | ||
| Q2 24 | $3.0B | $12.8B | ||
| Q1 24 | $2.7B | $11.7B |
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.29× | 1.73× | ||
| Q2 25 | — | 1.69× | ||
| Q1 25 | — | 1.25× | ||
| Q4 24 | 1.03× | 1.07× | ||
| Q3 24 | — | 0.85× | ||
| Q2 24 | — | 1.01× | ||
| Q1 24 | — | 0.84× |
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 | $313.0M |
| Free Cash FlowOCF − Capex | $136.0M | $236.0M |
| FCF MarginFCF / Revenue | 11.2% | 13.2% |
| Capex IntensityCapex / Revenue | 0.6% | 4.3% |
| Cash ConversionOCF / Net Profit | 2.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-126.4M | $159.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $143.6M | $313.0M | ||
| Q3 25 | $-131.0M | $-20.0M | ||
| Q2 25 | $-68.5M | $-67.0M | ||
| Q1 25 | $-44.7M | $153.0M | ||
| Q4 24 | $306.5M | $235.0M | ||
| Q3 24 | $-205.0M | $-21.0M | ||
| Q2 24 | $-110.6M | $177.0M | ||
| Q1 24 | $-247.5M | $242.0M |
| Q4 25 | $136.0M | $236.0M | ||
| Q3 25 | $-135.7M | $-89.0M | ||
| Q2 25 | $-78.8M | $-111.0M | ||
| Q1 25 | $-47.9M | $123.0M | ||
| Q4 24 | $302.6M | $184.0M | ||
| Q3 24 | $-222.5M | $-64.0M | ||
| Q2 24 | $-112.4M | $135.0M | ||
| Q1 24 | $-249.6M | $208.0M |
| Q4 25 | 11.2% | 13.2% | ||
| Q3 25 | -14.0% | -5.0% | ||
| Q2 25 | -6.8% | -6.1% | ||
| Q1 25 | -4.8% | 7.2% | ||
| Q4 24 | 19.4% | 11.5% | ||
| Q3 24 | -22.1% | -3.9% | ||
| Q2 24 | -10.6% | 7.9% | ||
| Q1 24 | -30.2% | 12.1% |
| Q4 25 | 0.6% | 4.3% | ||
| Q3 25 | 0.5% | 3.9% | ||
| Q2 25 | 0.9% | 2.4% | ||
| Q1 25 | 0.3% | 1.7% | ||
| Q4 24 | 0.3% | 3.2% | ||
| Q3 24 | 1.7% | 2.6% | ||
| Q2 24 | 0.2% | 2.5% | ||
| Q1 24 | 0.3% | 2.0% |
| Q4 25 | 2.44× | — | ||
| Q3 25 | -2.79× | — | ||
| Q2 25 | -1.21× | — | ||
| Q1 25 | -0.81× | 7.65× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | -2.90× | -0.04× | ||
| Q2 24 | -1.37× | 0.49× | ||
| Q1 24 | -4.54× | 0.46× |
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% |
H
| Other | $627.0M | 35% |
| Rooms Revenue | $326.0M | 18% |
| Net Fees | $290.0M | 16% |
| Distribution Segment | $177.0M | 10% |
| Franchise And Other Fees | $114.0M | 6% |
| Base Management Fees | $112.0M | 6% |
| Incentive Management Fees | $81.0M | 5% |
| Other Owned And Leased Hotel Revenue | $41.0M | 2% |
| Contra Revenue | $17.0M | 1% |
| Other Revenues | $4.0M | 0% |
