vs
Side-by-side financial comparison of Dream Finders Homes, Inc. (DFH) and SM Energy Co (SM). 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 $704.9M, roughly 1.7× SM Energy Co). On growth, SM Energy Co posted the faster year-over-year revenue change (-17.3% vs -22.3%). Over the past eight quarters, Dream Finders Homes, Inc.'s revenue compounded faster (21.0% CAGR vs 12.2%).
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.
SM Energy Company is a company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Denver, Colorado.
DFH vs SM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $704.9M |
| Net Profit | $58.8M | — |
| Gross Margin | — | — |
| Operating Margin | 6.4% | 25.9% |
| Net Margin | 4.8% | — |
| Revenue YoY | -22.3% | -17.3% |
| Net Profit YoY | -54.9% | — |
| EPS (diluted) | $0.57 | $0.94 |
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 | $704.9M | ||
| Q3 25 | $969.8M | $811.6M | ||
| Q2 25 | $1.2B | $792.9M | ||
| Q1 25 | $989.9M | $844.5M | ||
| Q4 24 | $1.6B | $852.0M | ||
| Q3 24 | $1.0B | $643.6M | ||
| Q2 24 | $1.1B | $634.6M | ||
| Q1 24 | $827.8M | $559.9M |
| Q4 25 | $58.8M | — | ||
| Q3 25 | $47.0M | $155.1M | ||
| Q2 25 | $56.6M | $201.7M | ||
| Q1 25 | $54.9M | $182.3M | ||
| Q4 24 | $130.5M | — | ||
| Q3 24 | $70.7M | $240.5M | ||
| Q2 24 | $80.9M | $210.3M | ||
| Q1 24 | $54.5M | $131.2M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 19.2% | — | ||
| Q1 24 | 18.0% | — |
| Q4 25 | 6.4% | 25.9% | ||
| Q3 25 | 6.3% | 30.4% | ||
| Q2 25 | 6.4% | 37.2% | ||
| Q1 25 | 7.2% | 32.7% | ||
| Q4 24 | 10.8% | 33.7% | ||
| Q3 24 | 9.2% | 51.4% | ||
| Q2 24 | 10.0% | 44.0% | ||
| Q1 24 | 8.6% | 31.9% |
| Q4 25 | 4.8% | — | ||
| Q3 25 | 4.8% | 19.1% | ||
| Q2 25 | 4.9% | 25.4% | ||
| Q1 25 | 5.5% | 21.6% | ||
| Q4 24 | 8.4% | — | ||
| Q3 24 | 7.0% | 37.4% | ||
| Q2 24 | 7.7% | 33.1% | ||
| Q1 24 | 6.6% | 23.4% |
| Q4 25 | $0.57 | $0.94 | ||
| Q3 25 | $0.47 | $1.35 | ||
| Q2 25 | $0.56 | $1.76 | ||
| Q1 25 | $0.54 | $1.59 | ||
| Q4 24 | $1.28 | $1.63 | ||
| Q3 24 | $0.70 | $2.09 | ||
| Q2 24 | $0.81 | $1.82 | ||
| Q1 24 | $0.55 | $1.13 |
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 | $368.0M |
| Total DebtLower is stronger | $1.6B | — |
| Stockholders' EquityBook value | $1.4B | $4.8B |
| Total Assets | $3.7B | $9.3B |
| Debt / EquityLower = less leverage | 1.13× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $234.8M | $368.0M | ||
| Q3 25 | $251.0M | $162.3M | ||
| Q2 25 | $210.3M | $101.9M | ||
| Q1 25 | $297.5M | $54.0K | ||
| Q4 24 | $274.4M | — | ||
| Q3 24 | $204.9M | $1.7B | ||
| Q2 24 | $274.8M | $487.9M | ||
| Q1 24 | $239.4M | $506.3M |
| 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 | $4.8B | ||
| Q3 25 | $1.4B | $4.7B | ||
| Q2 25 | $1.3B | $4.6B | ||
| Q1 25 | $1.3B | $4.4B | ||
| Q4 24 | $1.2B | $4.2B | ||
| Q3 24 | $1.1B | $4.1B | ||
| Q2 24 | $1.0B | $3.8B | ||
| Q1 24 | $968.7M | $3.7B |
| Q4 25 | $3.7B | $9.3B | ||
| Q3 25 | $3.8B | $9.1B | ||
| Q2 25 | $3.7B | $9.0B | ||
| Q1 25 | $3.5B | $8.8B | ||
| Q4 24 | $3.3B | $8.6B | ||
| Q3 24 | $3.3B | $8.0B | ||
| Q2 24 | $3.0B | $6.7B | ||
| Q1 24 | $2.7B | $6.4B |
| 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 | $451.9M |
| Free Cash FlowOCF − Capex | $136.0M | — |
| FCF MarginFCF / Revenue | 11.2% | — |
| Capex IntensityCapex / Revenue | 0.6% | — |
| Cash ConversionOCF / Net Profit | 2.44× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-126.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $143.6M | $451.9M | ||
| Q3 25 | $-131.0M | $505.0M | ||
| Q2 25 | $-68.5M | $571.1M | ||
| Q1 25 | $-44.7M | $483.0M | ||
| Q4 24 | $306.5M | $578.4M | ||
| Q3 24 | $-205.0M | $452.3M | ||
| Q2 24 | $-110.6M | $476.4M | ||
| Q1 24 | $-247.5M | $276.0M |
| Q4 25 | $136.0M | — | ||
| Q3 25 | $-135.7M | — | ||
| Q2 25 | $-78.8M | — | ||
| Q1 25 | $-47.9M | — | ||
| Q4 24 | $302.6M | — | ||
| Q3 24 | $-222.5M | — | ||
| Q2 24 | $-112.4M | — | ||
| Q1 24 | $-249.6M | — |
| Q4 25 | 11.2% | — | ||
| Q3 25 | -14.0% | — | ||
| Q2 25 | -6.8% | — | ||
| Q1 25 | -4.8% | — | ||
| Q4 24 | 19.4% | — | ||
| Q3 24 | -22.1% | — | ||
| Q2 24 | -10.6% | — | ||
| Q1 24 | -30.2% | — |
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.5% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 0.3% | — | ||
| Q4 24 | 0.3% | — | ||
| Q3 24 | 1.7% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.3% | — |
| Q4 25 | 2.44× | — | ||
| Q3 25 | -2.79× | 3.26× | ||
| Q2 25 | -1.21× | 2.83× | ||
| Q1 25 | -0.81× | 2.65× | ||
| Q4 24 | 2.35× | — | ||
| Q3 24 | -2.90× | 1.88× | ||
| Q2 24 | -1.37× | 2.27× | ||
| Q1 24 | -4.54× | 2.10× |
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% |
SM
Segment breakdown not available.
