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Mar 31, 2021

Tri Pointe Q1 2021 Earnings Report

Recasted historical segment information to conform to the new segment reporting structure.

Key Takeaways

Tri Pointe Homes implemented a new segment reporting structure during the quarter ended March 31, 2021, and this report provides a recast of historical segment information.

Unaudited recast of segment information is provided for previously reported years ended December 31, 2020 and 2019.

The recast includes previously reported quarters in the years ended December 31, 2020 and 2019.

Data provided includes net new home orders, average selling communities, new homes delivered, and average sales price.

Also included are backlog units, backlog dollar value, average sales price of backlog, and lots owned or controlled.

Total Revenue
$719M
Previous year: $595M
+20.7%
EPS
$0.59
Previous year: $0.24
+145.8%
Avg New Home Sales Price
$621
Previous year: $621K
-99.9%
Avg Backlog Sales Price
$659
Previous year: $659K
-99.9%
Gross Profit
$174M
Previous year: $123M
+41.6%
Cash and Equivalents
$585M
Previous year: $624M
-6.3%
Free Cash Flow
$24.5M
Previous year: -$97.2M
-125.2%
Total Assets
$4.09B
Previous year: $4.29B
-4.7%

Tri Pointe

Tri Pointe