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Side-by-side financial comparison of Tri Pointe Homes, Inc. (TPH) and UNITED THERAPEUTICS Corp (UTHR). Click either name above to swap in a different company.

Tri Pointe Homes, Inc. is the larger business by last-quarter revenue ($972.6M vs $790.2M, roughly 1.2× UNITED THERAPEUTICS Corp). UNITED THERAPEUTICS Corp runs the higher net margin — 46.1% vs 6.2%, a 39.9% gap on every dollar of revenue. On growth, UNITED THERAPEUTICS Corp posted the faster year-over-year revenue change (7.4% vs -22.4%). Tri Pointe Homes, Inc. produced more free cash flow last quarter ($213.2M vs $173.3M). Over the past eight quarters, UNITED THERAPEUTICS Corp's revenue compounded faster (8.0% CAGR vs 1.8%).

Tri Pointe Homes, Inc. is a home construction company headquartered in Incline Village, Nevada. It also offers financing and insurance services to homebuyers. It operates in Arizona, California, Nevada, Washington, Colorado, Texas, the District of Columbia, Maryland, North Carolina, South Carolina, and Virginia. The company is the 18th largest home construction company in the United States based on the number of homes closed.

United Therapeutics Corporation is an American biotechnology company that develops pharmaceuticals and technologies related to organ transplantation, including xenotransplantation. Many of the company's products are focused towards lung disease and organ manufacturing. United Therapeutics is co-headquartered in Silver Spring, Maryland and Research Triangle Park, North Carolina, with additional facilities in Magog and Bromont, Quebec; Melbourne and Jacksonville, Florida; Blacksburg, Virginia; ...

TPH vs UTHR — Head-to-Head

Bigger by revenue
TPH
TPH
1.2× larger
TPH
$972.6M
$790.2M
UTHR
Growing faster (revenue YoY)
UTHR
UTHR
+29.8% gap
UTHR
7.4%
-22.4%
TPH
Higher net margin
UTHR
UTHR
39.9% more per $
UTHR
46.1%
6.2%
TPH
More free cash flow
TPH
TPH
$39.9M more FCF
TPH
$213.2M
$173.3M
UTHR
Faster 2-yr revenue CAGR
UTHR
UTHR
Annualised
UTHR
8.0%
1.8%
TPH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
TPH
TPH
UTHR
UTHR
Revenue
$972.6M
$790.2M
Net Profit
$60.2M
$364.3M
Gross Margin
86.9%
Operating Margin
8.1%
45.1%
Net Margin
6.2%
46.1%
Revenue YoY
-22.4%
7.4%
Net Profit YoY
-53.4%
20.9%
EPS (diluted)
$0.70
$7.66

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
TPH
TPH
UTHR
UTHR
Q4 25
$972.6M
$790.2M
Q3 25
$854.7M
$799.5M
Q2 25
$902.4M
$798.6M
Q1 25
$740.9M
$794.4M
Q4 24
$1.3B
$735.9M
Q3 24
$1.1B
$748.9M
Q2 24
$1.2B
$714.9M
Q1 24
$939.4M
$677.7M
Net Profit
TPH
TPH
UTHR
UTHR
Q4 25
$60.2M
$364.3M
Q3 25
$56.1M
$338.7M
Q2 25
$60.7M
$309.5M
Q1 25
$64.0M
$322.2M
Q4 24
$129.2M
$301.3M
Q3 24
$111.8M
$309.1M
Q2 24
$118.0M
$278.1M
Q1 24
$99.1M
$306.6M
Gross Margin
TPH
TPH
UTHR
UTHR
Q4 25
86.9%
Q3 25
87.4%
Q2 25
89.0%
Q1 25
88.4%
Q4 24
89.7%
Q3 24
88.9%
Q2 24
89.1%
Q1 24
89.2%
Operating Margin
TPH
TPH
UTHR
UTHR
Q4 25
8.1%
45.1%
Q3 25
8.1%
48.6%
Q2 25
8.5%
45.6%
Q1 25
10.4%
48.2%
Q4 24
13.4%
48.6%
Q3 24
12.6%
45.8%
Q2 24
12.9%
44.7%
Q1 24
12.3%
52.6%
Net Margin
TPH
TPH
UTHR
UTHR
Q4 25
6.2%
46.1%
Q3 25
6.6%
42.4%
Q2 25
6.7%
38.8%
Q1 25
8.6%
40.6%
Q4 24
10.3%
40.9%
Q3 24
9.8%
41.3%
Q2 24
10.2%
38.9%
Q1 24
10.5%
45.2%
EPS (diluted)
TPH
TPH
UTHR
UTHR
Q4 25
$0.70
$7.66
Q3 25
$0.64
$7.16
Q2 25
$0.68
$6.41
Q1 25
$0.70
$6.63
Q4 24
$1.37
$6.23
Q3 24
$1.18
$6.39
Q2 24
$1.25
$5.85
Q1 24
$1.03
$6.17

Balance Sheet & Financial Strength

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

Metric
TPH
TPH
UTHR
UTHR
Cash + ST InvestmentsLiquidity on hand
$982.8M
$2.9B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.3B
$7.1B
Total Assets
$5.0B
$7.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
TPH
TPH
UTHR
UTHR
Q4 25
$982.8M
$2.9B
Q3 25
$792.0M
$2.8B
Q2 25
$622.6M
$3.0B
Q1 25
$812.9M
$3.3B
Q4 24
$970.0M
$3.3B
Q3 24
$676.0M
$3.3B
Q2 24
$492.9M
$3.0B
Q1 24
$944.0M
$2.7B
Total Debt
TPH
TPH
UTHR
UTHR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$646.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
TPH
TPH
UTHR
UTHR
Q4 25
$3.3B
$7.1B
Q3 25
$3.3B
$6.6B
Q2 25
$3.3B
$7.2B
Q1 25
$3.3B
$6.8B
Q4 24
$3.3B
$6.4B
Q3 24
$3.2B
$6.1B
Q2 24
$3.1B
$5.7B
Q1 24
$3.0B
$5.3B
Total Assets
TPH
TPH
UTHR
UTHR
Q4 25
$5.0B
$7.9B
Q3 25
$5.0B
$7.4B
Q2 25
$4.8B
$7.9B
Q1 25
$4.8B
$7.7B
Q4 24
$4.9B
$7.4B
Q3 24
$4.8B
$7.1B
Q2 24
$4.6B
$6.7B
Q1 24
$5.0B
$6.5B
Debt / Equity
TPH
TPH
UTHR
UTHR
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
0.19×
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
TPH
TPH
UTHR
UTHR
Operating Cash FlowLast quarter
$221.0M
$346.2M
Free Cash FlowOCF − Capex
$213.2M
$173.3M
FCF MarginFCF / Revenue
21.9%
21.9%
Capex IntensityCapex / Revenue
0.8%
21.9%
Cash ConversionOCF / Net Profit
3.67×
0.95×
TTM Free Cash FlowTrailing 4 quarters
$128.5M
$1.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
TPH
TPH
UTHR
UTHR
Q4 25
$221.0M
$346.2M
Q3 25
$45.9M
$562.1M
Q2 25
$-74.3M
$191.7M
Q1 25
$-31.2M
$461.2M
Q4 24
$360.3M
$341.2M
Q3 24
$167.9M
$377.2M
Q2 24
$23.1M
$232.2M
Q1 24
$144.7M
$376.5M
Free Cash Flow
TPH
TPH
UTHR
UTHR
Q4 25
$213.2M
$173.3M
Q3 25
$39.1M
$351.6M
Q2 25
$-84.5M
$129.5M
Q1 25
$-39.3M
$386.3M
Q4 24
$355.9M
$254.5M
Q3 24
$161.5M
$300.7M
Q2 24
$17.0M
$187.1M
Q1 24
$138.3M
$338.3M
FCF Margin
TPH
TPH
UTHR
UTHR
Q4 25
21.9%
21.9%
Q3 25
4.6%
44.0%
Q2 25
-9.4%
16.2%
Q1 25
-5.3%
48.6%
Q4 24
28.4%
34.6%
Q3 24
14.1%
40.2%
Q2 24
1.5%
26.2%
Q1 24
14.7%
49.9%
Capex Intensity
TPH
TPH
UTHR
UTHR
Q4 25
0.8%
21.9%
Q3 25
0.8%
26.3%
Q2 25
1.1%
7.8%
Q1 25
1.1%
9.4%
Q4 24
0.3%
11.8%
Q3 24
0.6%
10.2%
Q2 24
0.5%
6.3%
Q1 24
0.7%
5.6%
Cash Conversion
TPH
TPH
UTHR
UTHR
Q4 25
3.67×
0.95×
Q3 25
0.82×
1.66×
Q2 25
-1.22×
0.62×
Q1 25
-0.49×
1.43×
Q4 24
2.79×
1.13×
Q3 24
1.50×
1.22×
Q2 24
0.20×
0.83×
Q1 24
1.46×
1.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

TPH
TPH

West$547.8M56%
Central$245.1M25%
East$161.8M17%
Financial Services Segment$18.0M2%
Land$7.9M1%

UTHR
UTHR

Tyvaso DPI$338.6M43%
Remodulin$128.0M16%
Nebulized Tyvaso$125.7M16%
Orenitram$121.2M15%
Unituxin$62.3M8%
Adcirca$7.8M1%
Other$6.6M1%

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