Record High Deliveries and Revenue Growth
Tri Pointe delivered a record high 6,460 new homes in 2024 and generated $1.2 billion in home sales revenue in Q4.
Improved Margins and Net Income
Homebuilding gross margin improved by 40 basis points year-over-year to 23.3%. The company reported a net income of $458 million for the year, up 40% year-over-year.
Successful Geographic Diversification
Significant gains in Texas with a 60% increase in deliveries and an 11% increase in the Carolinas in 2024.
Strong Balance Sheet and Liquidity
Ended the year with the strongest balance sheet and liquidity in the company's history, including record operating cash flows and $1.7 billion of liquidity.
Share Repurchase Program
Repurchased approximately 691,000 shares for $25 million in early 2025, with a total reduction of 43% in shares outstanding since 2016.
Strategic Land Investments
Own or control over 36,000 lots, a 14% increase compared to the previous year, supporting long-term growth opportunities.