TRI Pointe Group |
|
|---|---|
| 2017 Performance Final Grade: 80.01/1002016 Final Grade:71.9/100 | A/B |
| Change YoY | ||
|---|---|---|
| Net debt-to-capital | 34.9% | -140bps |
| Pretax home building income (in millions) | $332.3 | 12.1% |
| Total SG&A/Total revenue | 9.8% | -- |
| Total SG&A(in millions) | $275.2 | 9.1% |
| Return on invested capital | 5.6% | -80bps |
| Return on equity | 10% | -120bps |
| Total shareholder return | 54.1% | -- |
| EPS | $1.21 | 0% |
| Change YoY | ||
|---|---|---|
| Community count | 130 | +6 |
| Share of lots optioned to total controlled | 12.3% | 15.5% |
| Change YoY | ||
|---|---|---|
| Home building gross margins | 22% | -80bps |
| Sales per month to break even (per community) |
1.37 | -- |
| Revenue per employee (in millions) |
$2.2 | 6.2% |
| Change YoY | ||
|---|---|---|
| Closings | 4,697 | 11.5% |
| Sales velocity (per community per month) |
3.3 | 14% |
| Unit backlog | 1,571 | 31.7% |
| Total revenue (in millions):$2,810 |
| HB revenue (in millions): $2,732 |
| Debt per share: $9.55 |
| Equity per basic share: $12.52 |
| HB pretax margin: 11.8% |
| Backlog value (in millions): $1,032.8 |
| Inventory (in millions):$3,105.6 |
| Lot supply (in years): 5.8 |
TRI Pointe (NYSE: TPH) managed gains in new-home orders of 19%, home sales revenue of 17%, and pretax income of 13%, and ended the year with a backlog dollar value 56% higher than the prior year. The company’s emphasis on design and innovation played a key role in financial performance in 2017. TPH is in the process of rolling out several communities with new-home concepts that likely will appeal to two of the largest home buying segments: active adults and millennials.