Trading of Tri Pointe Homes was halted at 08:43 AM EST due to "Merger Effective".

Tri Pointe Homes (TPH) Financials

$46.97 +0.02 (+0.04%)

Closing price 05/13/2026 07:20 PM Eastern

Extended Trading

$46.97 0.00 (0.00%)

As of 05/13/2026 07:20 PM Eastern

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Annual Income Statements for Tri Pointe Homes

This table shows Tri Pointe Homes' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	205	195	2,995	270	207	282	469	5,698	4,526	5,568	4,046
Consolidated Net Income / (Loss)	207	196	188	272	207	282	469	1,158	693	916	482
Net Income / (Loss) Continuing Operations	207	196	2,995	272	207	282	469	5,704	4,532	5,568	4,045
Total Pre-Tax Income	319	302	340	362	271	373	626	773	467	617	334
Total Operating Income	315	297	344	353	254	367	605	747	841	1,129	586
Total Gross Profit	557	551	3,428	700	610	728	992	6,646	5,367	6,574	4,911
Total Revenue	2,401	2,405	5,617	3,263	3,083	3,260	3,982	12,996	11,100	13,408	10,340
Operating Revenue	2,394	2,405	5,617	3,263	3,083	3,260	3,982	12,996	11,100	13,408	10,340
Total Cost of Revenue	1,844	1,854	2,188	2,563	2,473	2,532	2,990	6,350	5,733	6,835	5,429
Operating Cost of Revenue	1,844	1,854	2,188	2,563	2,473	2,532	2,990	6,350	5,733	6,835	5,429
Total Operating Expenses	241	254	277	345	355	358	382	780	811	951	854
Selling, General & Admin Expense	125	126	140	158	160	169	203	430	442	518	466
Marketing Expense	116	128	137	187	195	183	179	350	369	433	388
Total Other Income / (Expense), net	5.61	5.30	-3.82	7.71	16	2.85	21	29	93	104	81
Other Income / (Expense), net	5.61	5.30	-3.82	7.71	16	2.85	21	29	93	104	81
Income Tax Expense	112	106	152	91	64	91	156	191	118	159	93
Net Income / (Loss) Attributable to Noncontrolling Interest	1.72	0.96	0.36	1.60	-	0.00	0.00	6.35	5.49	-0.06	-0.10
Basic Earnings per Share	$1.27	$1.21	$1.21	$1.82	$1.47	$2.18	$4.16	$5.60	$3.48	$4.87	$2.73
Weighted Average Basic Shares Outstanding	161.69M	160.86M	154.13M	148.18M	140.85M	129.37M	112.84M	102.90M	98.68M	93.99M	88.17M
Diluted Earnings per Share	$1.27	$1.21	$1.21	$1.81	$1.47	$2.17	$4.12	$5.54	$3.45	$4.83	$2.72
Weighted Average Diluted Shares Outstanding	162.32M	161.38M	155.09M	149.00M	141.39M	129.95M	113.81M	104.00M	99.70M	94.91M	88.70M
Weighted Average Basic & Diluted Shares Outstanding	161.80M	161.30M	154.70M	141.67M	136.08M	119.20M	107.15M	101.03M	95.43M	91.91M	84.48M

This table shows Tri Pointe Homes' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	75	4,315	1,169	1,432	1,408	5,239	891	1,048	988	1,119	535
Consolidated Net Income / (Loss)	77	478	198	236	224	587	128	121	112	120	14
Net Income / (Loss) Continuing Operations	77	4,317	1,169	1,432	1,408	5,239	891	1,047	988	1,119	535
Total Pre-Tax Income	100	181	131	159	152	176	87	84	77	86	6.89
Total Operating Income	83	168	226	292	284	159	149	149	134	155	9.81
Total Gross Profit	190	4,822	1,370	1,698	1,671	5,816	1,093	1,275	1,201	1,343	715
Total Revenue	839	8,644	2,805	3,448	3,416	10,169	2,205	2,689	2,546	2,900	1,551
Operating Revenue	839	8,644	2,805	3,448	3,416	10,169	2,205	2,689	2,546	2,900	1,551
Total Cost of Revenue	649	3,822	1,435	1,750	1,745	4,354	1,113	1,414	1,346	1,557	836
Operating Cost of Revenue	649	3,822	1,435	1,750	1,745	4,354	1,113	1,414	1,346	1,557	836
Total Operating Expenses	102	521	205	251	242	602	203	224	212	216	195
Selling, General & Admin Expense	59	281	104	137	135	330	117	123	115	111	108
Marketing Expense	43	241	100	114	107	272	86	100	97	104	76
Other Operating Expenses / (Income)	-	-	-	-	-	-	0.00	-	-	-	12
Total Other Income / (Expense), net	12	63	35	26	19	72	24	20	20	17	16
Other Income / (Expense), net	12	63	35	26	19	72	24	20	20	17	16
Income Tax Expense	23	46	32	41	40	46	22	24	21	26	0.08
Net Income / (Loss) Attributable to Noncontrolling Interest	1.21	1.92	-0.06	0.00	0.00	-	-0.02	-0.04	-0.03	-0.00	0.02
Basic Earnings per Share	$0.77	$1.36	$1.04	$1.25	$1.19	$1.39	$0.70	$0.68	$0.65	$0.70	$0.08
Weighted Average Basic Shares Outstanding	98.02M	98.68M	95.23M	94.06M	93.60M	93.99M	91.64M	88.91M	86.92M	88.17M	84.80M
Diluted Earnings per Share	$0.76	$1.36	$1.03	$1.25	$1.18	$1.37	$0.70	$0.68	$0.64	$0.70	$0.08
Weighted Average Diluted Shares Outstanding	99.03M	99.70M	95.85M	94.74M	94.64M	94.91M	92.08M	89.23M	87.56M	88.70M	85.18M
Weighted Average Basic & Diluted Shares Outstanding	97.05M	95.43M	94.88M	93.59M	93.59M	91.91M	90.67M	87.51M	85.95M	84.48M	85.16M

This table details how cash moves in and out of Tri Pointe Homes' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	44	-5.83	74	-5.22	51	292	60	208	-21	101	13
Net Cash From Operating Activities	31	-158	102	311	316	588	420	444	195	696	161
Net Cash From Continuing Operating Activities	31	-158	102	311	316	588	420	444	195	696	161
Net Income / (Loss) Continuing Operations	207	196	188	272	207	282	469	582	349	458	241
Consolidated Net Income / (Loss)	207	196	188	272	207	282	469	582	349	458	241
Depreciation Expense	8.27	3.09	3.50	29	28	29	32	28	27	31	30
Non-Cash Adjustments To Reconcile Net Income	11	15	30	21	40	32	41	29	34	33	68
Changes in Operating Assets and Liabilities, net	-196	-373	-120	-11	41	244	-124	-196	-215	174	-178
Net Cash From Investing Activities	-0.86	-4.01	-3.58	-95	-37	-88	-72	-58	-26	-63	-46
Net Cash From Continuing Investing Activities	-0.86	-4.01	-3.58	-95	-37	-88	-72	-58	-26	-63	-46
Purchase of Property, Plant & Equipment	-0.81	-3.99	-2.61	-32	-30	-23	-29	-44	-25	-23	-33
Sale of Property, Plant & Equipment	0.00	0.01	0.01	0.01	0.05	0.03	0.00	0.00	0.00	0.72	0.00
Other Investing Activities, net	-	-	-	-	-	-	-43	-	-1.04	-41	-13
Net Cash From Financing Activities	14	156	-24	-220	-227	-208	-287	-178	-190	-532	-103
Net Cash From Continuing Financing Activities	14	156	-24	-220	-227	-208	-287	-178	-190	-532	-103
Repayment of Debt	-122	-338	-420	-193	-535	-814	-12	-78	-0.01	-364	-35
Repurchase of Common Equity	0.00	-42	-112	-146	-89	-251	-276	-203	-175	-147	-277
Payment of Dividends	-9.82	-5.32	-1.33	-2.19	-	0.00	0.00	-2.46	-6.96	-3.88	0.00
Issuance of Debt	140	541	500	125	400	859	0.00	112	0.91	0.42	202
Issuance of Common Equity	7.61	2.54	12	1.94	0.45	3.11	5.56	1.68	0.87	1.04	0.00
Other Financing Activities, net	-1.76	-1.36	-2.90	-6.05	-3.61	-5.48	-4.64	-9.11	-9.81	-19	7.76

This table details how cash moves in and out of Tri Pointe Homes' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	-133	20	75	-451	183	294	-157	-190	169	191	-135
Net Cash From Operating Activities	-73	70	145	23	168	360	-31	-74	46	221	-48
Net Cash From Continuing Operating Activities	-73	70	145	23	169	360	-31	-74	46	221	-48
Net Income / (Loss) Continuing Operations	77	135	99	118	112	129	64	61	56	60	6.81
Consolidated Net Income / (Loss)	77	135	99	118	112	129	64	61	56	60	6.81
Depreciation Expense	6.88	6.79	7.33	7.70	8.55	7.45	7.39	7.66	7.51	7.72	7.62
Non-Cash Adjustments To Reconcile Net Income	7.18	6.76	11	2.82	9.56	9.75	8.97	22	17	21	3.76
Changes in Operating Assets and Liabilities, net	-164	-78	28	-105	39	213	-112	-164	-35	133	-66
Net Cash From Investing Activities	-4.78	-0.85	-0.26	-15	-10	-38	-3.28	-36	-4.95	-1.32	-38
Net Cash From Continuing Investing Activities	-4.78	-0.85	-0.26	-15	-10	-38	-3.28	-36	-4.95	-1.32	-38
Purchase of Property, Plant & Equipment	-6.69	-6.24	-6.42	-6.13	-6.39	-4.37	-8.11	-10	-6.77	-7.85	-6.72
Other Investing Activities, net	1.91	-	5.44	-9.02	-3.92	-	4.83	-26	1.82	6.53	-31
Net Cash From Financing Activities	-55	-50	-69	-459	25	-28	-123	-80	128	-29	-49
Net Cash From Continuing Financing Activities	-55	-50	-69	-459	25	-28	-123	-80	128	-29	-49
Repayment of Debt	-	-0.01	0.00	-	-178	-327	-327	20	-32	17	-31
Repurchase of Common Equity	-55	-50	-50	-37	-9.89	-50	-75	-100	-52	-50	0.00
Issuance of Debt	0.91	-	0.00	-	213	351	290	-	200	-	0.00
Other Financing Activities, net	-0.01	-0.00	-17	-0.03	-0.01	-2.14	-9.92	-0.04	13	4.90	-18

This table presents Tri Pointe Homes' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	3,138	3,565	3,805	3,884	3,859	4,022	4,336	4,720	4,915	4,891	4,978
Total Current Assets	258	291	409	3,545	398	685	799	890	1,094	1,197	1,229
Cash & Equivalents	214	209	283	278	329	621	682	890	869	970	983
Accounts Receivable	44	83	126	52	69	64	117	-	225	112	147
Other Current Nonoperating Assets	-	-	-	-	-	-	-	-	0.00	115	99
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	2,880	3,273	3,397	339	3,460	3,337	3,538	3,830	3,821	3,694	3,749
Long-Term Investments	19	18	5.87	5.41	12	75	118	130	132	174	183
Goodwill	162	161	161	160	160	159	157	157	157	157	157
Noncurrent Deferred & Refundable Income Taxes	131	123	76	68	50	48	57	35	38	46	43
Other Noncurrent Operating Assets	2,568	2,971	3,154	105	3,239	3,056	3,206	3,340	3,495	3,318	3,366
Total Liabilities & Shareholders' Equity	3,138	3,565	3,805	3,884	3,859	4,022	4,336	4,720	4,915	4,891	4,978
Total Liabilities	1,452	1,716	1,875	1,827	1,672	1,789	1,889	1,883	1,901	1,555	1,662
Total Current Liabilities	281	334	404	416	66	446	551	62	518	638	558
Short-Term Debt	-	-	-	-	-	-	-	-	0.00	104	91
Accounts Payable	65	70	73	81	66	80	85	62	65	68	42
Accrued Expenses	216	264	331	335	-	367	466	-	454	466	425
Total Noncurrent Liabilities	1,171	1,382	1,471	1,411	1,606	1,343	1,338	1,821	1,383	918	1,104
Long-Term Debt	1,171	1,382	1,471	1,411	1,284	1,343	1,338	1,378	1,383	918	1,104
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,686	1,849	1,930	2,057	2,187	2,233	2,448	2,837	3,014	3,336	3,316
Total Preferred & Common Equity	1,665	1,829	1,930	2,057	2,187	2,233	2,448	2,832	3,011	3,336	3,316
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,665	1,829	1,930	2,057	2,187	2,233	2,448	2,832	3,011	3,336	3,316
Common Stock	913	882	795	660	583	346	92	4.70	0.96	0.93	0.84
Retained Earnings	752	947	1,134	1,397	1,604	1,886	2,355	2,828	3,010	3,335	3,315
Noncontrolling Interest	22	19	0.61	0.01	0.01	0.01	0.01	4.14	2.68	0.01	0.10

This table presents Tri Pointe Homes' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	4,526	4,739	4,781	4,870	4,970	4,596	4,779	4,825	4,798	4,989	4,962
Total Current Assets	398	1,107	1,099	968	1,069	638	870	1,024	893	1,021	1,059
Cash & Equivalents	228	966	982	849	944	493	676	813	623	792	848
Accounts Receivable	169	141	117	119	125	112	114	132	166	151	145
Other Current Nonoperating Assets	-	-	-	-	-	33	80	79	105	78	66
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	4,128	3,632	3,682	3,902	3,901	3,959	3,910	3,801	3,905	3,968	3,904
Long-Term Investments	133	134	140	139	125	134	131	170	194	191	217
Goodwill	157	157	157	157	157	157	157	157	157	157	157
Noncurrent Deferred & Refundable Income Taxes	57	35	35	35	38	38	38	46	46	46	43
Other Noncurrent Operating Assets	3,782	3,306	3,350	3,571	3,582	3,630	3,584	3,428	3,508	3,574	3,487
Total Liabilities & Shareholders' Equity	4,526	4,739	4,781	4,870	4,970	4,596	4,779	4,825	4,798	4,989	4,962
Total Liabilities	1,899	1,873	1,884	1,946	1,920	1,457	1,529	1,504	1,508	1,687	1,655
Total Current Liabilities	559	494	504	564	52	527	607	589	598	580	551
Short-Term Debt	-	-	-	-	-	32	75	70	99	71	59
Accounts Payable	64	58	78	55	52	57	75	76	81	72	63
Accrued Expenses	495	436	426	509	-	437	456	444	417	436	428
Total Noncurrent Liabilities	1,340	1,379	1,380	1,382	1,869	930	922	915	910	1,107	1,104
Long-Term Debt	1,340	1,379	1,380	1,382	1,384	930	922	915	910	1,107	1,104
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,627	2,866	2,897	2,924	3,050	3,139	3,250	3,322	3,290	3,302	3,307
Total Preferred & Common Equity	2,626	2,864	2,896	2,923	3,050	3,139	3,250	3,322	3,290	3,302	3,307
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,626	2,864	2,896	2,923	3,050	3,139	3,250	3,322	3,290	3,302	3,307
Common Stock	1.01	1.00	0.99	0.97	0.95	0.94	0.94	0.91	0.88	0.86	0.85
Retained Earnings	2,625	2,863	2,895	2,922	3,049	3,139	3,249	3,321	3,289	3,301	3,306
Noncontrolling Interest	1.72	2.86	0.71	0.76	0.01	0.01	0.01	0.03	0.13	0.10	0.12

This table displays calculated financial ratios and metrics derived from Tri Pointe Homes' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	40.94%	0.17%	133.53%	-41.91%	-5.51%	5.76%	22.14%	226.36%	-14.59%	20.80%	-22.88%
EBITDA Growth	135.88%	-7.13%	12.45%	13.60%	-23.49%	33.67%	64.99%	22.16%	-33.63%	28.92%	-44.83%
EBIT Growth	150.47%	-5.70%	12.44%	6.21%	-25.19%	36.81%	69.39%	24.02%	-34.70%	29.63%	-45.89%
NOPAT Growth	110.91%	-5.70%	-1.58%	39.66%	-26.75%	42.78%	63.82%	23.91%	-45.08%	32.84%	-49.50%
Net Income Growth	146.07%	-5.33%	-4.38%	44.77%	-23.69%	36.21%	66.28%	146.87%	-40.19%	32.20%	-47.37%
EPS Growth	118.97%	-4.72%	0.00%	49.59%	-18.78%	47.62%	89.86%	34.47%	-37.73%	40.00%	-43.69%
Operating Cash Flow Growth	127.35%	-610.60%	164.22%	205.55%	1.71%	86.08%	-28.65%	5.90%	-56.05%	256.48%	-76.80%
Free Cash Flow Firm Growth	100.63%	-4,385.26%	143.13%	137.92%	28.90%	111.98%	-34.18%	1.64%	-69.27%	552.16%	-75.73%
Invested Capital Growth	8.25%	14.52%	3.61%	2.31%	-1.72%	-8.01%	3.70%	7.01%	6.27%	-8.75%	4.77%
Revenue Q/Q Growth	11.38%	-4.24%	18.24%	-13.44%	0.25%	0.00%	0.00%	222.03%	179.00%	198.05%	-7.51%
EBITDA Q/Q Growth	25.12%	-13.64%	-88.60%	116.70%	-79.33%	152.24%	7.48%	12.47%	-5.76%	8.69%	132.92%
EBIT Q/Q Growth	24.95%	-13.24%	-88.70%	115.32%	-80.93%	146.59%	8.27%	12.80%	-5.59%	9.01%	147.61%
NOPAT Q/Q Growth	24.57%	-11.66%	-91.41%	122.17%	-81.33%	145.21%	7.67%	10.12%	-18.27%	-1.90%	217.64%
Net Income Q/Q Growth	26.91%	-12.21%	9.43%	10.93%	8.94%	-1.01%	7.40%	120.89%	65.04%	97.62%	-22.27%
EPS Q/Q Growth	27.00%	-12.95%	11.01%	13.13%	13.08%	1.88%	12.88%	11.92%	-14.60%	0.21%	-19.76%
Operating Cash Flow Q/Q Growth	127.45%	-75.33%	194.44%	29.31%	9.55%	-21.44%	-7.55%	1,206.23%	-73.99%	71.35%	-46.31%
Free Cash Flow Firm Q/Q Growth	103.35%	-71.41%	-95.77%	115.42%	-75.65%	359.54%	-10.24%	688.67%	-83.73%	88.73%	265.14%
Invested Capital Q/Q Growth	-3.51%	-1.40%	-6.68%	-6.14%	-8.23%	-4.06%	-1.64%	-11.40%	2.35%	-7.81%	-5.04%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	23.20%	22.92%	61.04%	21.45%	19.78%	22.33%	24.91%	51.14%	48.35%	49.03%	47.50%
EBITDA Margin	13.69%	12.69%	6.11%	11.95%	9.68%	12.23%	16.53%	6.19%	4.81%	5.13%	6.75%
Operating Margin	13.11%	12.35%	6.12%	10.83%	8.23%	11.24%	15.19%	5.74%	3.72%	4.12%	5.67%
EBIT Margin	13.35%	12.57%	6.05%	11.06%	8.76%	11.33%	15.71%	5.97%	4.57%	4.90%	6.46%
Profit (Net Income) Margin	8.63%	8.15%	3.34%	8.32%	6.72%	8.66%	11.78%	8.91%	6.24%	6.83%	4.66%
Tax Burden Percent	64.89%	64.90%	55.19%	74.99%	76.43%	75.58%	75.00%	149.83%	148.26%	148.49%	144.43%
Interest Burden Percent	99.62%	100.00%	100.00%	100.32%	100.41%	101.09%	100.00%	99.65%	92.23%	93.91%	50.00%
Effective Tax Rate	35.11%	35.10%	44.81%	25.01%	23.57%	24.42%	25.00%	24.68%	25.28%	25.76%	27.80%
Return on Invested Capital (ROIC)	8.10%	6.85%	6.20%	8.41%	6.15%	9.22%	15.48%	18.20%	9.37%	12.64%	13.35%
ROIC Less NNEP Spread (ROIC-NNEP)	8.40%	7.18%	6.02%	8.99%	7.42%	9.87%	18.09%	151.17%	113.12%	712.93%	-24.85%
Return on Net Nonoperating Assets (RNNOA)	5.02%	4.25%	3.73%	5.21%	3.62%	3.55%	4.58%	25.65%	14.32%	16.22%	1.15%
Return on Equity (ROE)	13.12%	11.10%	9.93%	13.62%	9.77%	12.77%	20.05%	43.85%	23.69%	28.85%	14.50%
Cash Return on Invested Capital (CROIC)	0.17%	-6.69%	2.65%	6.13%	7.88%	17.56%	11.84%	11.42%	3.29%	21.79%	8.69%
Operating Return on Assets (OROA)	10.63%	9.02%	9.22%	9.39%	6.97%	9.37%	14.97%	17.14%	10.52%	13.40%	13.53%
Return on Assets (ROA)	6.87%	5.85%	5.09%	7.06%	5.35%	7.16%	11.23%	25.58%	14.38%	18.68%	9.77%
Return on Common Equity (ROCE)	12.95%	10.97%	9.87%	13.62%	9.76%	12.77%	20.05%	43.81%	23.66%	28.84%	14.49%
Return on Equity Simple (ROE_SIMPLE)	12.45%	10.72%	9.72%	13.20%	9.48%	12.64%	19.17%	40.90%	23.01%	27.46%	0.00%
Net Operating Profit after Tax (NOPAT)	204	193	190	265	194	277	454	562	309	410	423
NOPAT Margin	8.51%	8.01%	3.38%	8.12%	6.29%	8.50%	11.40%	4.33%	2.78%	3.06%	4.09%
Net Nonoperating Expense Percent (NNEP)	-0.30%	-0.33%	0.18%	-0.58%	-1.27%	-0.65%	-2.61%	-132.98%	-103.75%	-700.29%	38.20%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	13.34%	7.02%	9.42%	9.39%
Cost of Revenue to Revenue	76.80%	77.08%	38.96%	78.55%	80.22%	77.67%	75.09%	48.86%	51.65%	50.97%	52.50%
SG&A Expenses to Revenue	5.21%	5.25%	2.49%	4.85%	5.18%	5.18%	5.09%	3.31%	3.98%	3.86%	4.51%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.05%	10.57%	4.93%	10.59%	11.51%	10.97%	9.59%	6.00%	7.30%	7.09%	8.26%
Earnings before Interest and Taxes (EBIT)	320	302	340	361	270	369	626	776	507	657	668
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	329	305	343	390	298	399	658	804	534	688	698
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.23	1.00	1.40	0.76	0.99	0.98	1.27	0.66	1.14	1.02	0.82
Price to Tangible Book Value (P/TBV)	1.36	1.10	1.52	0.82	1.07	1.05	1.35	0.70	1.20	1.07	0.86
Price to Revenue (P/Rev)	0.85	0.76	0.48	0.48	0.70	0.67	0.78	0.14	0.31	0.25	0.26
Price to Earnings (P/E)	9.98	9.42	0.90	5.76	10.47	7.75	6.61	0.33	0.76	0.61	0.67
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	10.02%	10.62%	111.09%	17.37%	9.55%	12.90%	15.14%	303.72%	131.74%	164.07%	149.56%
Enterprise Value to Invested Capital (EV/IC)	1.15	1.00	1.25	0.84	0.99	0.98	1.22	0.70	1.13	1.06	0.84
Enterprise Value to Revenue (EV/Rev)	1.25	1.25	0.69	0.82	1.01	0.87	0.91	0.17	0.34	0.24	0.26
Enterprise Value to EBITDA (EV/EBITDA)	9.15	9.87	11.30	6.88	10.43	7.11	5.53	2.78	7.16	4.76	3.92
Enterprise Value to EBIT (EV/EBIT)	9.39	9.97	11.41	7.43	11.53	7.67	5.81	2.89	7.54	4.98	4.10
Enterprise Value to NOPAT (EV/NOPAT)	14.73	15.63	20.45	10.13	16.04	10.23	8.02	3.98	12.37	7.97	6.46
Enterprise Value to Operating Cash Flow (EV/OCF)	97.05	0.00	38.15	8.63	9.85	4.82	8.67	5.04	19.56	4.70	16.93
Enterprise Value to Free Cash Flow (EV/FCFF)	685.27	0.00	47.80	13.89	12.51	5.37	10.48	6.34	35.22	4.62	9.92
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.69	0.75	0.76	0.69	0.59	0.60	0.55	0.49	0.46	0.31	0.36
Long-Term Debt to Equity	0.69	0.75	0.76	0.69	0.59	0.60	0.55	0.49	0.46	0.28	0.33
Financial Leverage	0.60	0.59	0.62	0.58	0.49	0.36	0.25	0.17	0.13	0.02	-0.05
Leverage Ratio	1.91	1.90	1.95	1.93	1.82	1.78	1.79	1.71	1.65	1.54	1.48
Compound Leverage Factor	1.90	1.90	1.95	1.93	1.83	1.80	1.79	1.71	1.52	1.45	0.74
Debt to Total Capital	40.97%	42.78%	43.25%	40.68%	37.00%	37.56%	35.34%	32.70%	31.45%	23.45%	26.49%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.39%	2.01%
Long-Term Debt to Total Capital	40.97%	42.78%	43.25%	40.68%	37.00%	37.56%	35.34%	32.70%	31.45%	21.06%	24.48%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.76%	0.59%	0.02%	0.00%	0.00%	0.00%	0.00%	0.10%	0.06%	0.00%	0.00%
Common Equity to Total Capital	58.27%	56.63%	56.73%	59.32%	63.00%	62.44%	64.66%	67.20%	68.49%	76.55%	73.51%
Debt to EBITDA	3.56	4.53	4.29	3.62	4.30	3.37	2.03	1.71	2.59	1.49	1.71
Net Debt to EBITDA	2.85	3.79	3.44	2.89	3.16	1.62	0.82	0.45	0.72	-0.18	0.04
Long-Term Debt to EBITDA	3.56	4.53	4.29	3.62	4.30	3.37	2.03	1.71	2.59	1.33	1.58
Debt to NOPAT	5.73	7.17	7.76	5.33	6.62	4.85	2.95	2.45	4.48	2.49	2.82
Net Debt to NOPAT	4.59	6.00	6.24	4.26	4.86	2.33	1.19	0.64	1.24	-0.30	0.07
Long-Term Debt to NOPAT	5.73	7.17	7.76	5.33	6.62	4.85	2.95	2.45	4.48	2.24	2.61
Altman Z-Score	2.28	1.95	3.05	3.13	2.49	2.58	3.21	4.94	4.68	5.59	4.59
Noncontrolling Interest Sharing Ratio	1.27%	1.16%	0.52%	0.02%	0.00%	0.00%	0.00%	0.08%	0.12%	0.04%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.92	0.87	1.01	8.51	6.02	1.53	1.45	14.27	2.11	1.88	2.20
Quick Ratio	0.92	0.87	1.01	0.79	6.02	1.53	1.45	14.27	2.11	1.70	2.03
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4.39	-188	81	193	249	528	347	353	108	707	276
Operating Cash Flow to CapEx	3,832.51%	-3,981.64%	3,912.04%	981.77%	1,045.05%	2,582.41%	1,422.77%	1,018.44%	769.47%	3,082.51%	490.52%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.80	0.72	1.52	0.85	0.80	0.83	0.95	2.87	2.30	2.73	2.10
Accounts Receivable Turnover	75.24	38.11	53.98	36.83	51.01	49.09	44.11	0.00	0.00	79.75	79.89
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	27.58	27.45	30.58	33.25	33.55	34.73	36.34	86.30	90.16	102.73	98.78
Days Sales Outstanding (DSO)	4.85	9.58	6.76	9.91	7.15	7.43	8.27	0.00	0.00	4.58	4.57
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	13.23	13.30	11.94	10.98	10.88	10.51	10.04	4.23	4.05	3.55	3.70
Cash Conversion Cycle (CCC)	-8.38	-3.72	-5.17	-1.07	-3.72	-3.07	-1.77	-4.23	-4.05	1.02	0.87
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,623	3,004	3,113	3,185	3,130	2,879	2,986	3,195	3,395	3,098	3,246
Invested Capital Turnover	0.95	0.85	1.84	1.04	0.98	1.09	1.36	4.21	3.37	4.13	3.26
Increase / (Decrease) in Invested Capital	200	381	109	72	-55	-251	107	209	200	-297	148
Enterprise Value (EV)	3,009	3,012	3,879	2,682	3,113	2,834	3,638	2,239	3,820	3,271	2,734
Market Capitalization	2,050	1,838	2,696	1,554	2,169	2,188	3,100	1,876	3,436	3,394	2,705
Book Value per Share	$10.29	$11.43	$12.83	$14.46	$15.70	$17.60	$22.02	$28.07	$31.02	$35.64	$38.58
Tangible Book Value per Share	$9.29	$10.42	$11.76	$13.34	$14.56	$16.35	$20.61	$26.52	$29.41	$33.97	$36.76
Total Capital	2,857	3,231	3,402	3,468	3,471	3,576	3,785	4,215	4,396	4,357	4,511
Total Debt	1,171	1,382	1,471	1,411	1,284	1,343	1,338	1,378	1,383	1,022	1,195
Total Long-Term Debt	1,171	1,382	1,471	1,411	1,284	1,343	1,338	1,378	1,383	918	1,104
Net Debt	937	1,156	1,183	1,128	943	647	538	359	382	-122	29
Capital Expenditures (CapEx)	0.81	3.98	2.60	32	30	23	29	44	25	23	33
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-237	-252	-278	2,851	3.16	-383	-434	-62	-294	-307	-221
Debt-free Net Working Capital (DFNWC)	-23	-43	4.76	3,129	332	238	248	827	575	663	762
Net Working Capital (NWC)	-23	-43	4.76	3,129	332	238	248	827	575	559	671
Net Nonoperating Expense (NNE)	-2.84	-3.44	2.11	-6.64	-13	-5.19	-15	-596	-384	-506	-59
Net Nonoperating Obligations (NNO)	937	1,156	1,183	1,128	943	647	538	359	382	-237	-70
Total Depreciation and Amortization (D&A)	8.27	3.09	3.50	29	28	29	32	28	27	31	30
Debt-free, Cash-free Net Working Capital to Revenue	-9.89%	-10.46%	-4.95%	87.39%	0.10%	-11.74%	-10.90%	-0.48%	-2.65%	-2.29%	-2.14%
Debt-free Net Working Capital to Revenue	-0.95%	-1.79%	0.08%	95.90%	10.77%	7.31%	6.22%	6.37%	5.18%	4.94%	7.37%
Net Working Capital to Revenue	-0.95%	-1.79%	0.08%	95.90%	10.77%	7.31%	6.22%	6.37%	5.18%	4.17%	6.49%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.27	$1.21	$1.21	$1.82	$1.47	$2.18	$4.16	$5.60	$3.48	$4.87	$2.73
Adjusted Weighted Average Basic Shares Outstanding	161.69M	160.86M	154.13M	148.18M	140.85M	129.37M	112.84M	102.90M	98.68M	93.99M	88.17M
Adjusted Diluted Earnings per Share	$1.27	$1.21	$1.21	$1.81	$1.47	$2.17	$4.12	$5.54	$3.45	$4.83	$2.72
Adjusted Weighted Average Diluted Shares Outstanding	162.32M	161.38M	155.09M	149.00M	141.39M	129.95M	113.81M	104.00M	99.70M	94.91M	88.70M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	161.91M	158.63M	151.21M	141.67M	136.08M	119.20M	107.15M	101.03M	95.43M	91.91M	84.48M
Normalized Net Operating Profit after Tax (NOPAT)	204	193	190	265	194	281	454	562	309	410	423
Normalized NOPAT Margin	8.51%	8.01%	3.38%	8.12%	6.29%	8.63%	11.40%	4.33%	2.78%	3.06%	4.09%
Pre Tax Income Margin	13.30%	12.57%	6.05%	11.10%	8.79%	11.45%	15.71%	5.95%	4.21%	4.60%	3.23%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	4.74%	2.71%	0.71%	0.81%	0.00%	0.00%	0.00%	0.21%	1.00%	0.42%	0.00%
Augmented Payout Ratio	4.74%	24.17%	60.54%	54.60%	43.06%	88.84%	58.82%	17.70%	26.20%	16.43%	57.53%

This table displays calculated financial ratios and metrics derived from Tri Pointe Homes' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	84,479,735.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	84,479,735.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	6.33
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-21.77%	-15.01%	20.49%	37.93%	36.51%	17.65%	-21.38%	-22.01%	-25.47%	-22.45%	-29.68%
EBITDA Growth	-48.57%	-19.96%	24.46%	85.72%	51.99%	0.40%	-32.81%	-45.93%	-48.26%	-49.83%	-81.62%
EBIT Growth	-50.39%	-19.71%	25.91%	90.29%	54.00%	0.12%	-33.75%	-47.03%	-49.28%	-50.97%	-85.24%
NOPAT Growth	-56.22%	-35.54%	23.81%	105.94%	60.34%	-6.35%	-35.73%	-50.47%	-53.35%	-55.09%	-91.20%
Net Income Growth	-49.12%	-38.77%	30.50%	90.41%	45.88%	22.74%	-35.34%	-48.54%	-49.78%	-53.44%	-89.38%
EPS Growth	-47.59%	-30.26%	41.10%	108.33%	55.26%	0.74%	-32.04%	-45.60%	-45.76%	-48.91%	-88.57%
Operating Cash Flow Growth	-431.34%	-88.74%	6.71%	-62.72%	330.16%	411.32%	-121.53%	-420.77%	-72.68%	-38.66%	-53.94%
Free Cash Flow Firm Growth	183.15%	-400.51%	-200.35%	-156.12%	-83.18%	651.84%	582.53%	344.38%	-75.98%	-107.38%	-137.54%
Invested Capital Growth	-8.01%	6.27%	6.98%	9.09%	1.31%	-8.75%	-3.61%	-1.88%	1.72%	4.77%	2.98%
Revenue Q/Q Growth	0.14%	930.88%	-25.43%	22.94%	-0.89%	788.41%	-78.31%	21.93%	-5.30%	13.88%	-46.53%
EBITDA Q/Q Growth	17.55%	133.72%	-27.44%	20.54%	-3.80%	54.39%	-24.48%	-2.24%	-8.58%	11.53%	-81.56%
EBIT Q/Q Growth	17.95%	143.52%	-28.80%	21.43%	-4.55%	58.32%	-25.24%	-2.50%	-8.88%	11.96%	-85.16%
NOPAT Q/Q Growth	24.40%	95.53%	-32.93%	26.22%	-3.14%	14.20%	-6.08%	-2.62%	-8.95%	10.68%	-91.03%
Net Income Q/Q Growth	23.62%	524.55%	-26.54%	19.20%	-5.29%	425.45%	-78.19%	-5.15%	-7.58%	7.18%	-88.70%
EPS Q/Q Growth	26.67%	78.95%	-24.26%	21.36%	-5.60%	16.10%	-48.91%	-2.86%	-5.88%	9.38%	-88.57%
Operating Cash Flow Q/Q Growth	-217.46%	196.61%	105.42%	-84.01%	625.14%	114.63%	-108.65%	-138.34%	161.75%	382.00%	-121.70%
Free Cash Flow Firm Q/Q Growth	9.43%	-121.29%	-80.29%	-33.61%	132.79%	598.66%	-44.13%	-25.76%	-76.80%	-199.50%	-119.09%
Invested Capital Q/Q Growth	5.14%	2.35%	-0.91%	2.31%	-2.36%	-7.81%	4.67%	4.14%	1.22%	-5.04%	2.88%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	22.64%	55.79%	23.17%	23.77%	23.23%	57.19%	49.55%	47.42%	47.15%	46.31%	46.08%
EBITDA Margin	12.14%	2.75%	14.20%	13.93%	13.52%	2.35%	8.18%	6.56%	6.33%	6.20%	2.14%
Operating Margin	9.93%	1.95%	11.80%	12.39%	12.17%	1.57%	6.75%	5.54%	5.26%	5.33%	0.63%
EBIT Margin	11.32%	2.67%	13.42%	13.26%	12.77%	2.28%	7.85%	6.27%	6.04%	5.94%	1.65%
Profit (Net Income) Margin	9.14%	5.54%	10.54%	10.22%	9.76%	5.77%	5.81%	4.52%	4.41%	4.15%	0.88%
Tax Burden Percent	76.95%	264.11%	75.81%	74.11%	73.75%	334.59%	148.02%	143.99%	146.04%	139.81%	197.30%
Interest Burden Percent	104.88%	78.37%	103.54%	103.97%	103.67%	75.84%	50.00%	50.00%	50.00%	50.00%	26.99%
Effective Tax Rate	23.05%	25.61%	24.19%	25.89%	26.25%	26.38%	26.00%	28.03%	27.00%	30.10%	1.18%
Return on Invested Capital (ROIC)	8.78%	4.88%	10.65%	11.67%	12.09%	4.76%	19.37%	14.10%	12.65%	12.15%	1.84%
ROIC Less NNEP Spread (ROIC-NNEP)	10.61%	100.29%	15.70%	15.93%	15.68%	655.45%	34.51%	21.37%	25.46%	4.22%	-15.10%
Return on Net Nonoperating Assets (RNNOA)	2.62%	12.69%	1.57%	1.48%	1.28%	14.91%	1.28%	1.30%	0.88%	-0.19%	0.10%
Return on Equity (ROE)	11.40%	17.57%	12.22%	13.15%	13.37%	19.67%	20.65%	15.40%	13.54%	11.96%	1.95%
Cash Return on Invested Capital (CROIC)	19.25%	3.29%	3.24%	2.81%	11.22%	21.79%	14.30%	9.05%	2.23%	8.69%	6.89%
Operating Return on Assets (OROA)	9.59%	6.16%	10.72%	11.86%	11.91%	6.22%	20.52%	16.10%	13.82%	12.44%	3.26%
Return on Assets (ROA)	7.74%	12.75%	8.41%	9.14%	9.10%	15.79%	15.19%	11.59%	10.09%	8.69%	1.74%
Return on Common Equity (ROCE)	11.40%	17.55%	12.22%	13.15%	13.37%	19.67%	20.65%	15.40%	13.54%	11.96%	1.95%
Return on Equity Simple (ROE_SIMPLE)	14.36%	0.00%	12.21%	13.64%	14.26%	0.00%	25.47%	22.23%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	64	125	84	106	103	117	110	107	98	108	9.70
NOPAT Margin	7.64%	1.45%	8.94%	9.18%	8.97%	1.15%	5.00%	3.99%	3.84%	3.73%	0.63%
Net Nonoperating Expense Percent (NNEP)	-1.83%	-95.41%	-5.05%	-4.26%	-3.58%	-650.69%	-15.14%	-7.27%	-12.81%	7.94%	16.94%
Return On Investment Capital (ROIC_SIMPLE)	-	2.85%	-	-	-	2.69%	2.56%	2.50%	2.18%	2.40%	0.22%
Cost of Revenue to Revenue	77.36%	44.21%	76.83%	76.23%	76.77%	42.81%	50.45%	52.58%	52.85%	53.69%	53.92%
SG&A Expenses to Revenue	7.05%	3.25%	5.55%	5.93%	5.90%	3.25%	5.30%	4.58%	4.52%	3.84%	6.94%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	12.16%	6.03%	10.89%	10.85%	10.59%	5.92%	9.20%	8.31%	8.32%	7.44%	12.58%
Earnings before Interest and Taxes (EBIT)	95	231	126	153	146	231	173	169	154	172	26
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	102	238	133	161	155	239	180	176	161	180	33
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.93	1.14	1.23	1.13	1.30	1.02	0.88	0.88	0.90	0.82	1.19
Price to Tangible Book Value (P/TBV)	0.98	1.20	1.30	1.18	1.37	1.07	0.93	0.92	0.95	0.86	1.25
Price to Revenue (P/Rev)	0.68	0.31	0.97	0.84	0.94	0.25	0.23	0.24	0.27	0.26	0.41
Price to Earnings (P/E)	6.54	0.76	10.20	8.31	9.19	0.61	0.55	0.59	0.66	0.67	1.07
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	15.29%	131.74%	9.81%	12.03%	10.89%	164.07%	180.32%	169.34%	150.89%	149.56%	93.45%
Enterprise Value to Invested Capital (EV/IC)	0.93	1.13	1.21	1.12	1.32	1.06	0.90	0.91	0.93	0.84	1.21
Enterprise Value to Revenue (EV/Rev)	0.78	0.34	1.05	0.92	0.99	0.24	0.23	0.26	0.28	0.26	0.42
Enterprise Value to EBITDA (EV/EBITDA)	5.48	7.16	8.04	6.67	7.00	4.76	4.89	6.87	10.57	3.92	7.35
Enterprise Value to EBIT (EV/EBIT)	5.78	7.54	8.50	7.02	7.35	4.98	5.16	7.37	11.75	4.10	7.78
Enterprise Value to NOPAT (EV/NOPAT)	8.21	12.37	12.51	10.19	10.60	7.97	8.36	12.67	23.76	6.46	12.51
Enterprise Value to Operating Cash Flow (EV/OCF)	4.13	19.56	19.90	23.39	10.91	4.70	5.64	7.31	10.53	16.93	27.97
Enterprise Value to Free Cash Flow (EV/FCFF)	4.65	35.22	38.52	41.76	11.82	4.62	6.21	10.01	41.96	9.92	17.84
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.47	0.46	0.45	0.31	0.31	0.31	0.30	0.31	0.36	0.36	0.35
Long-Term Debt to Equity	0.47	0.46	0.45	0.30	0.28	0.28	0.28	0.28	0.34	0.33	0.33
Financial Leverage	0.25	0.13	0.10	0.09	0.08	0.02	0.04	0.06	0.03	-0.05	-0.01
Leverage Ratio	1.69	1.65	1.64	1.55	1.56	1.54	1.54	1.46	1.49	1.48	1.48
Compound Leverage Factor	1.78	1.29	1.70	1.62	1.62	1.17	0.77	0.73	0.75	0.74	0.40
Debt to Total Capital	32.09%	31.45%	31.21%	23.46%	23.49%	23.45%	22.86%	23.47%	26.29%	26.49%	26.03%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.78%	1.78%	2.39%	1.62%	2.30%	1.59%	2.01%	1.33%
Long-Term Debt to Total Capital	32.09%	31.45%	31.21%	22.67%	21.71%	21.06%	21.24%	21.17%	24.71%	24.48%	24.70%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.02%	0.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	67.89%	68.49%	68.79%	76.54%	76.51%	76.55%	77.14%	76.53%	73.71%	73.51%	73.97%
Debt to EBITDA	2.44	2.59	2.74	1.66	1.58	1.49	1.64	2.24	3.93	1.71	2.11
Net Debt to EBITDA	0.69	0.72	0.62	0.58	0.30	-0.18	0.00	0.43	0.65	0.04	0.18
Long-Term Debt to EBITDA	2.44	2.59	2.74	1.60	1.46	1.33	1.52	2.02	3.69	1.58	2.01
Debt to NOPAT	3.66	4.48	4.26	2.53	2.39	2.49	2.80	4.14	8.84	2.82	3.60
Net Debt to NOPAT	1.04	1.24	0.97	0.88	0.46	-0.30	0.00	0.79	1.46	0.07	0.31
Long-Term Debt to NOPAT	3.66	4.48	4.26	2.45	2.21	2.24	2.61	3.73	8.30	2.61	3.41
Altman Z-Score	2.66	4.50	3.14	3.46	3.72	5.30	5.02	4.81	4.43	4.26	4.46
Noncontrolling Interest Sharing Ratio	0.04%	0.12%	0.05%	0.01%	0.01%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.72	2.11	20.67	1.21	1.43	1.88	1.74	1.49	1.76	2.20	1.92
Quick Ratio	1.72	2.11	20.67	1.15	1.30	1.70	1.60	1.32	1.63	2.03	1.80
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	353	-75	-135	-181	59	414	232	172	40	-40	-87
Operating Cash Flow to CapEx	-1,090.08%	1,129.23%	2,255.63%	377.65%	2,628.70%	8,254.27%	-384.42%	-728.67%	677.23%	2,815.91%	-714.18%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.85	2.30	0.80	0.89	0.93	2.73	2.62	2.57	2.29	2.10	1.98
Accounts Receivable Turnover	27.54	0.00	29.11	36.65	38.59	79.75	99.68	86.89	84.62	79.89	70.06
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	51.05	90.16	55.06	47.45	52.93	102.73	102.13	88.96	78.31	98.78	74.16
Days Sales Outstanding (DSO)	13.25	0.00	12.54	9.96	9.46	4.58	3.66	4.20	4.31	4.57	5.21
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	7.15	4.05	6.63	7.69	6.90	3.55	3.57	4.10	4.66	3.70	4.92
Cash Conversion Cycle (CCC)	6.10	-4.05	5.91	2.27	2.56	1.02	0.09	0.10	-0.35	0.87	0.29
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,317	3,395	3,364	3,442	3,361	3,098	3,243	3,377	3,419	3,246	3,340
Invested Capital Turnover	1.15	3.37	1.19	1.27	1.35	4.13	3.88	3.53	3.30	3.26	2.94
Increase / (Decrease) in Invested Capital	-289	200	219	287	43	-297	-121	-65	58	148	97
Enterprise Value (EV)	3,101	3,820	4,067	3,870	4,431	3,271	2,935	3,089	3,168	2,734	4,047
Market Capitalization	2,707	3,436	3,752	3,534	4,241	3,394	2,934	2,897	2,973	2,705	3,948
Book Value per Share	$29.53	$31.02	$32.02	$33.09	$34.73	$35.64	$36.14	$36.29	$37.73	$38.58	$39.15
Tangible Book Value per Share	$27.95	$29.41	$30.38	$31.44	$33.05	$33.97	$34.44	$34.56	$35.94	$36.76	$37.29
Total Capital	4,306	4,396	4,433	4,102	4,248	4,357	4,306	4,299	4,480	4,511	4,471
Total Debt	1,382	1,383	1,384	962	998	1,022	984	1,009	1,178	1,195	1,164
Total Long-Term Debt	1,382	1,383	1,384	930	922	918	915	910	1,107	1,104	1,104
Net Debt	393	382	315	336	191	-122	0.84	192	195	29	99
Capital Expenditures (CapEx)	6.69	6.24	6.42	6.13	6.39	4.37	8.11	10	6.77	7.85	6.72
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-445	-294	73	-350	-338	-307	-308	-228	-280	-221	-281
Debt-free Net Working Capital (DFNWC)	404	575	1,017	143	338	663	505	394	512	762	567
Net Working Capital (NWC)	404	575	1,017	111	263	559	435	295	441	671	508
Net Nonoperating Expense (NNE)	-13	-353	-15	-12	-9.04	-470	-18	-14	-15	-12	-3.90
Net Nonoperating Obligations (NNO)	393	382	315	303	111	-237	-79	87	117	-70	33
Total Depreciation and Amortization (D&A)	6.88	6.79	7.33	7.70	8.55	7.45	7.39	7.66	7.51	7.72	7.62
Debt-free, Cash-free Net Working Capital to Revenue	-11.19%	-2.65%	1.89%	-8.35%	-7.51%	-2.29%	-2.41%	-1.89%	-2.50%	-2.14%	-2.90%
Debt-free Net Working Capital to Revenue	10.16%	5.18%	26.26%	3.41%	7.52%	4.94%	3.94%	3.27%	4.58%	7.37%	5.86%
Net Working Capital to Revenue	10.16%	5.18%	26.26%	2.64%	5.84%	4.17%	3.40%	2.45%	3.95%	6.49%	5.24%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$1.36	$1.04	$1.25	$1.19	$1.39	$0.70	$0.68	$0.65	$0.70	$0.08
Adjusted Weighted Average Basic Shares Outstanding	98.02M	98.68M	95.23M	94.06M	93.60M	93.99M	91.64M	88.91M	86.92M	88.17M	84.80M
Adjusted Diluted Earnings per Share	$0.76	$1.36	$1.03	$1.25	$1.18	$1.37	$0.70	$0.68	$0.64	$0.70	$0.08
Adjusted Weighted Average Diluted Shares Outstanding	99.03M	99.70M	95.85M	94.74M	94.64M	94.91M	92.08M	89.23M	87.56M	88.70M	85.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	97.05M	95.43M	94.88M	93.59M	93.59M	91.91M	90.67M	87.51M	85.95M	84.48M	85.16M
Normalized Net Operating Profit after Tax (NOPAT)	64	125	84	106	103	117	110	107	98	108	9.70
Normalized NOPAT Margin	7.64%	1.45%	8.94%	9.18%	8.97%	1.15%	5.00%	3.99%	3.84%	3.73%	0.63%
Pre Tax Income Margin	11.87%	2.10%	13.90%	13.79%	13.24%	1.73%	3.92%	3.14%	3.02%	2.97%	0.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.66%	1.00%	2.27%	1.18%	0.84%	0.42%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	31.32%	26.20%	52.48%	45.84%	32.48%	16.43%	20.29%	32.13%	44.68%	57.53%	55.03%

Financials Breakdown Chart

Key Financial Trends

Tri Pointe Homes, Inc. (NYSE: TPH) has shown a mix of revenue volatility and improving cash flow from operations in late 2025, against a backdrop of rising leverage and some margin pressure. Below are the key trends observed in the last four years of quarterly statements, focusing on cash flow, income, and balance-sheet dynamics. Bullets are grouped by potential impact, with positive items first, then neutral, then negative.

Net cash from continuing operating activities in Q4 2025 rose to 221,021,000, marking a strong positive swing in cash generation for the quarter.
Q4 2025 revenue reached 2,899,862,000, up sequentially from Q3 2025 (2,546,329,000), indicating a rebound in top-line activity.
Q4 2025 net income attributable to common shareholders was 1,118,849,000, suggesting solid quarterly earnings power despite prior volatility.
Balance sheet remained solid with Total Assets around 4.8–5.0 billion and Total Equity around 3.3 billion across 2025 quarters, indicating a stable liquidity and capital base.
Cash and cash equivalents hovered near 0.8 billion in recent periods, signaling liquidity around the modestly comfortable end of the spectrum for a homebuilder.
Gross margin for Q4 2025 was approximately 46%, a bit lower than the 2024 period, implying some cost mix or input-cost pressure relative to the prior year.
Long-term debt trended upward through 2025 (roughly 0.9–1.1 billion), pointing to a modestly heavier leverage profile that could affect interest expense going forward.
Net income from continuing operations remained positive in 2025 quarters, but quarterly YoY variability persists, signaling ongoing earnings volatility typical in residential construction cycles.
YoY, Q4 2025 net income attributable to common shareholders collapsed from 5.324 billion in Q4 2024 to 1.119 billion in Q4 2025, highlighting a material decline in reported quarterly earnings due to one-off items or mix effects.
Net cash from financing activities was negative in several recent quarters (e.g., Q4 2025 net financing cash flow of -28,852,000; Q2 2025 net financing cash flow of -79,763,000), indicating ongoing cash outflows related to debt and equity activities rather than net inflows.

05/14/26 06:05 PM ETAI Generated. May Contain Errors.

Tri Pointe Homes Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Tri Pointe Homes' fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

Tri Pointe Homes' net income appears to be on an upward trend, with a most recent value of $482.08 million in 2025, rising from $207.18 million in 2015. The previous period was $916.00 million in 2024. Check out Tri Pointe Homes' forecast to explore projected trends and price targets.

Tri Pointe Homes' total operating income in 2025 was $586.45 million, based on the following breakdown:

Total Gross Profit: $4.91 billion
Total Operating Expenses: $854.06 million

Over the last 10 years, Tri Pointe Homes' total revenue changed from $2.40 billion in 2015 to $10.34 billion in 2025, a change of 330.6%.

Tri Pointe Homes' total liabilities were at $1.66 billion at the end of 2025, a 6.8% increase from 2024, and a 14.5% increase since 2015.

In the past 10 years, Tri Pointe Homes' cash and equivalents has ranged from $208.66 million in 2016 to $982.81 million in 2025, and is currently $982.81 million as of their latest financial filing in 2025.

Over the last 10 years, Tri Pointe Homes' book value per share changed from 10.29 in 2015 to 38.58 in 2025, a change of 275.0%.

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Financial statements for NYSE:TPH last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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Tri Pointe Homes (TPH) Financials

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Tri Pointe Homes Financials - Frequently Asked Questions

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Tri Pointe Homes (TPH) Financials

Annual Income Statements for Tri Pointe Homes

Quarterly Income Statements for Tri Pointe Homes

Annual Cash Flow Statements for Tri Pointe Homes

Quarterly Cash Flow Statements for Tri Pointe Homes

Annual Balance Sheets for Tri Pointe Homes

Quarterly Balance Sheets for Tri Pointe Homes

Annual Metrics And Ratios for Tri Pointe Homes

Quarterly Metrics And Ratios for Tri Pointe Homes

Financials Breakdown Chart

Key Financial Trends

Tri Pointe Homes Financials - Frequently Asked Questions

When does Tri Pointe Homes' financial year end?

How has Tri Pointe Homes' net income changed over the last 10 years?

What is Tri Pointe Homes' operating income?

How has Tri Pointe Homes' revenue changed over the last 10 years?

How much debt does Tri Pointe Homes have?

How much cash does Tri Pointe Homes have?

How has Tri Pointe Homes' book value per share changed over the last 10 years?

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