Tri Pointe Homes Inc (Delaware)
NYSE:TPH

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Tri Pointe Homes Inc (Delaware)
NYSE:TPH
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Price: 33.7 USD -0.12% Market Closed
Market Cap: 2.9B USD

Tri Pointe Homes Inc (Delaware)
Investor Relations

Tri Pointe Homes Inc., established in Delaware, stands as a notable force in the realm of residential development, weaving its narrative across a diversified portfolio of properties in various U.S. states. Born out of the entrepreneurial vision to capitalize on the upswing in the housing sector, Tri Pointe has strategically expanded its presence by catering to both aspiring homeowners and seasoned investors alike. The company's operations are deeply embedded in constructing single-family homes that fulfill the modern demand for quality, design, and sustainability. With a keen understanding of local markets, Tri Pointe tailors its offerings to meet regional needs, reflecting a blend of innovation and tradition in its housing communities.

The company's financial engine purrs smoothly, propelled by its adeptness in balancing scale and personalization. Revenue streams flow primarily from the sale of these thoughtfully crafted homes, which are meticulously designed to appeal to diverse demographics — from first-time buyers to luxury seekers. This business model not only generates significant income but also solidifies Tri Pointe’s reputation in a competitive sector. Additionally, by leveraging strategic land acquisitions and capitalizing on existing market trends, Tri Pointe amplifies its resource allocation efficiency, ensuring robust margins and sustainable growth. In embodying a narrative of adaptability and foresight, Tri Pointe Homes continues to fortify its standing as a formidable player in the housing industry.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 23, 2025
AI Summary
Q3 2025

Deliveries & Revenue: Tri Pointe exceeded the high end of guidance, delivering 1,217 homes at an average sales price of $672,000 with home sales revenue of $817 million.

Margins: Adjusted homebuilding gross margin was 21.6%, and SG&A expense ratio was 12.9%, both at or better than guided levels.

Profitability: Adjusted net income for the quarter was $62 million, or $0.71 per diluted share.

Share Repurchases: The company spent $51 million on buybacks this quarter, reducing share count by 7% year-to-date.

Liquidity & Leverage: Total liquidity ended at $1.6 billion, including $792 million in cash; debt-to-capital ratio was 25.1%.

Guidance: Q4 deliveries are expected between 1,200 and 1,400 homes at an ASP of $690,000–$700,000, with gross margin expected to decline to 19.5%–20.5%. Full-year guidance for deliveries is 4,800–5,000 homes at an ASP of $680,000.

Market Conditions: The market remains soft with muted buyer confidence, but underlying demand from needs-based buyers persists.

Community Growth: Tri Pointe plans to grow community count by 10%–15% by end of 2026, with new markets in Utah, Florida, and Coastal Carolinas beginning to contribute.

Key Financials
Homes Delivered
1,217
Home Sales Revenue
$817 million
Average Sales Price
$672,000
Adjusted Homebuilding Gross Margin
21.6%
SG&A Expense Ratio
12.9%
Net Income
$62 million
EPS (Diluted)
$0.71
Liquidity
$1.6 billion
Cash
$792 million
Debt-to-Capital Ratio
25.1%
Net Debt to Net Capital Ratio
8.7%
Share Repurchases
$51 million (1.5 million shares in Q3); $226 million (7 million shares YTD)
Lots Owned or Controlled
Over 32,000
Community Count (Projected End of 2025)
Approximately 155
Net Home Orders
995
Absorption Pace
2.2 homes per community per month (overall); West: 2.3; Central: 1.8; East: 2.8
Land and Land Development Investment
$260 million (Q3)
Spec Inventory Reduction
Down 17% quarter-over-quarter
Earnings Call Recording
Other Earnings Calls

Management

Mr. Douglas F. Bauer
CEO & Non-Independent Director
No Bio Available
Mr. Thomas J. Mitchell
President & COO
No Bio Available
Ms. Urmila P. Menon
Chief Information Officer
No Bio Available
Ms. Linda Helen Mamet
Executive VP & Chief Marketing Officer
No Bio Available
Ms. Heather H. Breidenthal
Chief Human Resources Officer
No Bio Available
Mr. Michael C. Taylor
President of Pardee Homes Inland Empire
No Bio Available
Mr. Thomas G Grable
President of TRI Pointe Homes Orange County-Los Angeles
No Bio Available
Mr. Ronald A. Turner
President of TRI Pointe Connect
No Bio Available
Mr. Phill Bodem
President of TRI Pointe Homes Sacramento
No Bio Available
Mr. Kelly Taga
President of New Division in Colorado
No Bio Available

Contacts

Address
NEVADA
Incline Village
940 Southwood Blvd, Suite 200
Contacts