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Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and Loews Corporation (L). 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 $827.0M, roughly 1.5× Loews Corporation). Loews Corporation runs the higher net margin — 48.6% vs 4.8%, a 43.8% gap on every dollar of revenue. On growth, Loews Corporation posted the faster year-over-year revenue change (4.8% vs -22.3%). Loews Corporation produced more free cash flow last quarter ($426.0M vs $136.0M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 7.9%).

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.

Loews Corporation is a diversified US-based conglomerate that operates across multiple key industry segments through its subsidiaries. Its core business lines include property and casualty insurance, natural gas pipeline transportation, hospitality services, and upstream oil and gas exploration and production, primarily serving commercial, consumer and industrial clients across North American markets.

DFH vs L — Head-to-Head

Bigger by revenue
DFH
DFH
1.5× larger
DFH
$1.2B
$827.0M
L
Growing faster (revenue YoY)
L
L
+27.1% gap
L
4.8%
-22.3%
DFH
Higher net margin
L
L
43.8% more per $
L
48.6%
4.8%
DFH
More free cash flow
L
L
$290.0M more FCF
L
$426.0M
$136.0M
DFH
Faster 2-yr revenue CAGR
DFH
DFH
Annualised
DFH
21.0%
7.9%
L

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DFH
DFH
L
L
Revenue
$1.2B
$827.0M
Net Profit
$58.8M
$402.0M
Gross Margin
Operating Margin
6.4%
65.4%
Net Margin
4.8%
48.6%
Revenue YoY
-22.3%
4.8%
Net Profit YoY
-54.9%
115.0%
EPS (diluted)
$0.57
$1.93

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.

Revenue
DFH
DFH
L
L
Q4 25
$1.2B
$827.0M
Q3 25
$969.8M
$732.0M
Q2 25
$1.2B
$769.0M
Q1 25
$989.9M
$846.0M
Q4 24
$1.6B
$789.0M
Q3 24
$1.0B
$683.0M
Q2 24
$1.1B
$711.0M
Q1 24
$827.8M
$710.0M
Net Profit
DFH
DFH
L
L
Q4 25
$58.8M
$402.0M
Q3 25
$47.0M
$504.0M
Q2 25
$56.6M
$391.0M
Q1 25
$54.9M
$370.0M
Q4 24
$130.5M
$187.0M
Q3 24
$70.7M
$401.0M
Q2 24
$80.9M
$369.0M
Q1 24
$54.5M
$457.0M
Gross Margin
DFH
DFH
L
L
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
19.2%
Q1 24
18.0%
Operating Margin
DFH
DFH
L
L
Q4 25
6.4%
65.4%
Q3 25
6.3%
94.1%
Q2 25
6.4%
70.1%
Q1 25
7.2%
60.8%
Q4 24
10.8%
23.8%
Q3 24
9.2%
80.5%
Q2 24
10.0%
71.3%
Q1 24
8.6%
88.6%
Net Margin
DFH
DFH
L
L
Q4 25
4.8%
48.6%
Q3 25
4.8%
68.9%
Q2 25
4.9%
50.8%
Q1 25
5.5%
43.7%
Q4 24
8.4%
23.7%
Q3 24
7.0%
58.7%
Q2 24
7.7%
51.9%
Q1 24
6.6%
64.4%
EPS (diluted)
DFH
DFH
L
L
Q4 25
$0.57
$1.93
Q3 25
$0.47
$2.43
Q2 25
$0.56
$1.87
Q1 25
$0.54
$1.74
Q4 24
$1.28
$0.87
Q3 24
$0.70
$1.82
Q2 24
$0.81
$1.67
Q1 24
$0.55
$2.05

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DFH
DFH
L
L
Cash + ST InvestmentsLiquidity on hand
$234.8M
$6.0B
Total DebtLower is stronger
$1.6B
$8.4B
Stockholders' EquityBook value
$1.4B
$18.7B
Total Assets
$3.7B
$86.3B
Debt / EquityLower = less leverage
1.13×
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DFH
DFH
L
L
Q4 25
$234.8M
$6.0B
Q3 25
$251.0M
$5.4B
Q2 25
$210.3M
$4.5B
Q1 25
$297.5M
$4.4B
Q4 24
$274.4M
$4.6B
Q3 24
$204.9M
$5.2B
Q2 24
$274.8M
$4.9B
Q1 24
$239.4M
$5.4B
Total Debt
DFH
DFH
L
L
Q4 25
$1.6B
$8.4B
Q3 25
$1.8B
$8.4B
Q2 25
$7.9B
Q1 25
$8.4B
Q4 24
$1.3B
$8.9B
Q3 24
$8.8B
Q2 24
$8.6B
Q1 24
$8.4B
Stockholders' Equity
DFH
DFH
L
L
Q4 25
$1.4B
$18.7B
Q3 25
$1.4B
$18.3B
Q2 25
$1.3B
$17.5B
Q1 25
$1.3B
$17.2B
Q4 24
$1.2B
$17.1B
Q3 24
$1.1B
$17.4B
Q2 24
$1.0B
$16.4B
Q1 24
$968.7M
$16.2B
Total Assets
DFH
DFH
L
L
Q4 25
$3.7B
$86.3B
Q3 25
$3.8B
$85.9B
Q2 25
$3.7B
$84.7B
Q1 25
$3.5B
$83.1B
Q4 24
$3.3B
$81.9B
Q3 24
$3.3B
$83.6B
Q2 24
$3.0B
$81.1B
Q1 24
$2.7B
$80.9B
Debt / Equity
DFH
DFH
L
L
Q4 25
1.13×
0.45×
Q3 25
1.29×
0.46×
Q2 25
0.45×
Q1 25
0.49×
Q4 24
1.03×
0.52×
Q3 24
0.51×
Q2 24
0.52×
Q1 24
0.52×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DFH
DFH
L
L
Operating Cash FlowLast quarter
$143.6M
$617.0M
Free Cash FlowOCF − Capex
$136.0M
$426.0M
FCF MarginFCF / Revenue
11.2%
51.5%
Capex IntensityCapex / Revenue
0.6%
23.1%
Cash ConversionOCF / Net Profit
2.44×
1.53×
TTM Free Cash FlowTrailing 4 quarters
$-126.4M
$2.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DFH
DFH
L
L
Q4 25
$143.6M
$617.0M
Q3 25
$-131.0M
$920.0M
Q2 25
$-68.5M
$1.0B
Q1 25
$-44.7M
$736.0M
Q4 24
$306.5M
$941.0M
Q3 24
$-205.0M
$934.0M
Q2 24
$-110.6M
$952.0M
Q1 24
$-247.5M
$198.0M
Free Cash Flow
DFH
DFH
L
L
Q4 25
$136.0M
$426.0M
Q3 25
$-135.7M
$764.0M
Q2 25
$-78.8M
$872.0M
Q1 25
$-47.9M
$638.0M
Q4 24
$302.6M
$767.0M
Q3 24
$-222.5M
$794.0M
Q2 24
$-112.4M
$793.0M
Q1 24
$-249.6M
$39.0M
FCF Margin
DFH
DFH
L
L
Q4 25
11.2%
51.5%
Q3 25
-14.0%
104.4%
Q2 25
-6.8%
113.4%
Q1 25
-4.8%
75.4%
Q4 24
19.4%
97.2%
Q3 24
-22.1%
116.3%
Q2 24
-10.6%
111.5%
Q1 24
-30.2%
5.5%
Capex Intensity
DFH
DFH
L
L
Q4 25
0.6%
23.1%
Q3 25
0.5%
21.3%
Q2 25
0.9%
17.4%
Q1 25
0.3%
11.6%
Q4 24
0.3%
22.1%
Q3 24
1.7%
20.5%
Q2 24
0.2%
22.4%
Q1 24
0.3%
22.4%
Cash Conversion
DFH
DFH
L
L
Q4 25
2.44×
1.53×
Q3 25
-2.79×
1.83×
Q2 25
-1.21×
2.57×
Q1 25
-0.81×
1.99×
Q4 24
2.35×
5.03×
Q3 24
-2.90×
2.33×
Q2 24
-1.37×
2.58×
Q1 24
-4.54×
0.43×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DFH
DFH

Midwest Segment$454.2M37%
Southeast Segment$397.5M33%
Mid Atlantic Segment$307.3M25%
Financial Services Segment$53.7M4%

L
L

Transportation And Storage Of Natural Gas And NG Ls And Ethane Supply And Transportation Services$601.0M73%
Lodging And Related Services$226.0M27%

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