Dream Finders Homes, Inc.

DFHNYSEConsumer Cyclical● Active

$14.56

$-0.04(-0.27%)

Market Cap$1.4B

P/E Ratio—

52W High$31.495

52W Low$12.2

Avg Volume782K

Open$14.39

Beta1.87

Free Cash Flow Financials Revenue

Dream Finders Homes, Inc. (DFH) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

DFH · free cash flow · updated Jun 8, 2026

Core FCF metrics

DFH · FCF · TTM · margin & CAGR

Free cash flow was −$126.4M for FY2025 (fiscal year ending 2025-12-31), up 55.2% year-over-year The FCF margin was -2.9%.

FY2025 Free Cash Flow−$126.4M▲ +55.2% YoY

Trailing 12M (TTM)−$133.3Mtrailing 4 quarters sum

FCF Margin-2.9%−$126.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

DFH · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest−$100.6M(26M)−$126.4M▲ +55.2%-2.9%

FY2024−$256.6M(25M)−$282.0M▼ 176.3%-6.3%

FY2023$374.2M(5M)$369.5M▲ +1213.9%9.9%

FY2022−$27.6M(6M)−$33.2M▼ 153.3%-1.0%

FY2021$65.0M(3M)$62.2M▼ 32.7%3.2%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

DFH · P/FCF · FCF yield · FCF per share

Dream Finders Homes, Inc. (DFH) reported negative free cash flow of −$0.13B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

DFH · cash flow statement · operating / investing / financing

For FY2025, Dream Finders Homes, Inc. generated −$100.6M in operating cash flow and spent 26M in capital expenditures, yielding −$126.4M in free cash flow.

Operating Activities

−$100.6M

Cash from core business operations

2025-12-31

Investing Activities

−$225.8M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$271.0M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF (−$100.6M) − |CapEx| (26M) = FCF (−$126.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

DFH vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Dream Finders Homes, Inc.YOU

DFH

−$126.4M+55.2%-2.9%

Loss

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Dream Finders Homes, Inc. (DFH) reported free cash flow of −$126.4M for FY2025 (fiscal year ending 2025-12-31), up 55.2% year-over-year. The FCF margin was -2.9%.

Based on available data, Dream Finders Homes, Inc. has maintained positive free cash flow for at least 4 fiscal year(s). FCF peaked at $369.5M in FY2023.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

DFH free cash flow · 8 questions

Dream Finders Homes, Inc. free cash flow was −$126.4M for FY2025, up 55.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$133.3M.

DFH free cash flowDFH FCFDFH FCF 2025DFH free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Dream Finders Homes, Inc. · Dream Finders Homes, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026