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Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and RH (RH). 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 $883.8M, roughly 1.4× RH). Dream Finders Homes, Inc. runs the higher net margin — 4.8% vs 4.1%, a 0.7% gap on every dollar of revenue. On growth, RH posted the faster year-over-year revenue change (8.9% vs -22.3%). Dream Finders Homes, Inc. produced more free cash flow last quarter ($136.0M vs $83.0M). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 9.4%).
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.
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
DFH vs RH — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $883.8M |
| Net Profit | $58.8M | $36.3M |
| Gross Margin | — | 44.1% |
| Operating Margin | 6.4% | 12.0% |
| Net Margin | 4.8% | 4.1% |
| Revenue YoY | -22.3% | 8.9% |
| Net Profit YoY | -54.9% | 9.3% |
| EPS (diluted) | $0.57 | $1.83 |
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 | $883.8M | ||
| Q3 25 | $969.8M | $899.2M | ||
| Q2 25 | $1.2B | $814.0M | ||
| Q1 25 | $989.9M | $812.4M | ||
| Q4 24 | $1.6B | $811.7M | ||
| Q3 24 | $1.0B | $829.7M | ||
| Q2 24 | $1.1B | $727.0M | ||
| Q1 24 | $827.8M | $738.3M |
| Q4 25 | $58.8M | $36.3M | ||
| Q3 25 | $47.0M | $51.7M | ||
| Q2 25 | $56.6M | $8.0M | ||
| Q1 25 | $54.9M | $13.9M | ||
| Q4 24 | $130.5M | $33.2M | ||
| Q3 24 | $70.7M | $29.0M | ||
| Q2 24 | $80.9M | $-3.6M | ||
| Q1 24 | $54.5M | $11.4M |
| Q4 25 | — | 44.1% | ||
| Q3 25 | — | 45.5% | ||
| Q2 25 | — | 43.7% | ||
| Q1 25 | — | 44.7% | ||
| Q4 24 | — | 44.5% | ||
| Q3 24 | — | 45.2% | ||
| Q2 24 | 19.2% | 43.5% | ||
| Q1 24 | 18.0% | 43.5% |
| Q4 25 | 6.4% | 12.0% | ||
| Q3 25 | 6.3% | 14.3% | ||
| Q2 25 | 6.4% | 6.9% | ||
| Q1 25 | 7.2% | 8.7% | ||
| Q4 24 | 10.8% | 12.5% | ||
| Q3 24 | 9.2% | 11.6% | ||
| Q2 24 | 10.0% | 7.5% | ||
| Q1 24 | 8.6% | 8.7% |
| Q4 25 | 4.8% | 4.1% | ||
| Q3 25 | 4.8% | 5.8% | ||
| Q2 25 | 4.9% | 1.0% | ||
| Q1 25 | 5.5% | 1.7% | ||
| Q4 24 | 8.4% | 4.1% | ||
| Q3 24 | 7.0% | 3.5% | ||
| Q2 24 | 7.7% | -0.5% | ||
| Q1 24 | 6.6% | 1.5% |
| Q4 25 | $0.57 | $1.83 | ||
| Q3 25 | $0.47 | $2.62 | ||
| Q2 25 | $0.56 | $0.40 | ||
| Q1 25 | $0.54 | $0.71 | ||
| Q4 24 | $1.28 | $1.66 | ||
| Q3 24 | $0.70 | $1.45 | ||
| Q2 24 | $0.81 | $-0.20 | ||
| Q1 24 | $0.55 | $0.91 |
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 | $43.1M |
| Total DebtLower is stronger | $1.6B | — |
| Stockholders' EquityBook value | $1.4B | $3.3M |
| Total Assets | $3.7B | $4.8B |
| Debt / EquityLower = less leverage | 1.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $234.8M | $43.1M | ||
| Q3 25 | $251.0M | $34.6M | ||
| Q2 25 | $210.3M | $46.1M | ||
| Q1 25 | $297.5M | $30.4M | ||
| Q4 24 | $274.4M | $87.0M | ||
| Q3 24 | $204.9M | $78.3M | ||
| Q2 24 | $274.8M | $101.8M | ||
| Q1 24 | $239.4M | $123.7M |
| 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 | $3.3M | ||
| Q3 25 | $1.4B | $-40.9M | ||
| Q2 25 | $1.3B | $-110.8M | ||
| Q1 25 | $1.3B | $-163.6M | ||
| Q4 24 | $1.2B | $-183.0M | ||
| Q3 24 | $1.1B | $-234.7M | ||
| Q2 24 | $1.0B | $-289.9M | ||
| Q1 24 | $968.7M | $-297.4M |
| Q4 25 | $3.7B | $4.8B | ||
| Q3 25 | $3.8B | $4.7B | ||
| Q2 25 | $3.7B | $4.7B | ||
| Q1 25 | $3.5B | $4.6B | ||
| Q4 24 | $3.3B | $4.5B | ||
| Q3 24 | $3.3B | $4.4B | ||
| Q2 24 | $3.0B | $4.2B | ||
| Q1 24 | $2.7B | $4.1B |
| 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 | $131.9M |
| Free Cash FlowOCF − Capex | $136.0M | $83.0M |
| FCF MarginFCF / Revenue | 11.2% | 9.4% |
| Capex IntensityCapex / Revenue | 0.6% | 5.5% |
| Cash ConversionOCF / Net Profit | 2.44× | 3.64× |
| TTM Free Cash FlowTrailing 4 quarters | $-126.4M | $128.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $143.6M | $131.9M | ||
| Q3 25 | $-131.0M | $137.7M | ||
| Q2 25 | $-68.5M | $86.6M | ||
| Q1 25 | $-44.7M | $-18.8M | ||
| Q4 24 | $306.5M | $-31.4M | ||
| Q3 24 | $-205.0M | $11.2M | ||
| Q2 24 | $-110.6M | $56.1M | ||
| Q1 24 | $-247.5M | $-114.0M |
| Q4 25 | $136.0M | $83.0M | ||
| Q3 25 | $-135.7M | $80.7M | ||
| Q2 25 | $-78.8M | $34.1M | ||
| Q1 25 | $-47.9M | $-69.7M | ||
| Q4 24 | $302.6M | $-96.0M | ||
| Q3 24 | $-222.5M | $-37.9M | ||
| Q2 24 | $-112.4M | $-10.1M | ||
| Q1 24 | $-249.6M | $-251.5M |
| Q4 25 | 11.2% | 9.4% | ||
| Q3 25 | -14.0% | 9.0% | ||
| Q2 25 | -6.8% | 4.2% | ||
| Q1 25 | -4.8% | -8.6% | ||
| Q4 24 | 19.4% | -11.8% | ||
| Q3 24 | -22.1% | -4.6% | ||
| Q2 24 | -10.6% | -1.4% | ||
| Q1 24 | -30.2% | -34.1% |
| Q4 25 | 0.6% | 5.5% | ||
| Q3 25 | 0.5% | 6.3% | ||
| Q2 25 | 0.9% | 6.5% | ||
| Q1 25 | 0.3% | 6.3% | ||
| Q4 24 | 0.3% | 8.0% | ||
| Q3 24 | 1.7% | 5.9% | ||
| Q2 24 | 0.2% | 9.1% | ||
| Q1 24 | 0.3% | 18.6% |
| Q4 25 | 2.44× | 3.64× | ||
| Q3 25 | -2.79× | 2.66× | ||
| Q2 25 | -1.21× | 10.78× | ||
| Q1 25 | -0.81× | -1.35× | ||
| Q4 24 | 2.35× | -0.95× | ||
| Q3 24 | -2.90× | 0.39× | ||
| Q2 24 | -1.37× | — | ||
| Q1 24 | -4.54× | -10.01× |
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% |
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
