TPH Q1 2024 Earnings — Tri Pointe Homes, Inc. Revenue & Financial Results | Market Cap Arena

TPHTri Pointe Homes, Inc.

$4B

Q1 2024 Earnings

Consumer Cyclical Residential Construction

Income Statement

Revenue

$939M+20.5% YoY

Gross Profit

$217M23.1% margin

Operating Income

$116M12.3% margin

Net Income

$99M10.5% margin

EPS (Diluted)

$1.03

QoQ Revenue Growth

-25.4%

Cash Flow

Operating Cash Flow

$145M

Free Cash Flow

$138M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$1.9B

Stockholders' Equity

$3.0B

Cash & Equivalents

$944M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$939M	$780M	+20.5%
Gross Profit	$217M	$184M	+17.9%
Operating Income	$116M	$96M	+20.4%
Net Income	$99M	$75M	+32.5%

Revenue Segments

Homebuilding Segment

$926M99%

Financial Services Segment

$13M1%