TRI Pointe Homes Inc (TPH) - Net Assets
Based on the latest financial reports, TRI Pointe Homes Inc (TPH) has net assets worth $3.32 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.03 Billion) and total liabilities ($1.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check TRI Pointe Homes Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $3.32 Billion |
| % of Total Assets | 65.94% |
| Annual Growth Rate | 30.19% |
| 5-Year Change | 35.47% |
| 10-Year Change | 79.38% |
| Growth Volatility | 92.07 |
TRI Pointe Homes Inc - Net Assets Trend (2011–2025)
This chart illustrates how TRI Pointe Homes Inc's net assets have evolved over time, based on quarterly financial data. Also explore TPH total assets for the complete picture of this company's asset base.
Annual Net Assets for TRI Pointe Homes Inc (2011–2025)
The table below shows the annual net assets of TRI Pointe Homes Inc from 2011 to 2025. For live valuation and market cap data, see TPH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $3.32 Billion | -0.59% |
| 2024-12-31 | $3.34 Billion | +10.69% |
| 2023-12-31 | $3.01 Billion | +6.24% |
| 2022-12-31 | $2.84 Billion | +15.89% |
| 2021-12-31 | $2.45 Billion | +9.63% |
| 2020-12-31 | $2.23 Billion | +2.10% |
| 2019-12-31 | $2.19 Billion | +6.30% |
| 2018-12-31 | $2.06 Billion | +6.56% |
| 2017-12-31 | $1.93 Billion | +4.43% |
| 2016-12-31 | $1.85 Billion | +9.61% |
| 2015-12-31 | $1.69 Billion | +14.70% |
| 2014-12-31 | $1.47 Billion | +356.20% |
| 2013-12-31 | $322.31 Million | +116.09% |
| 2012-12-31 | $149.15 Million | +80.81% |
| 2011-12-31 | $82.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRI Pointe Homes Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 331499000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.31 Billion | 99.97% |
| Common Stock | $844.00K | 0.03% |
| Total Equity | $3.32 Billion | 100.00% |
TRI Pointe Homes Inc Competitors by Market Cap
The table below lists competitors of TRI Pointe Homes Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compal Electronics Inc
TW:2324
|
$3.98 Billion |
|
Ninestar Corp
SHE:002180
|
$3.99 Billion |
|
Anhui Great Wall Military Industry Co Ltd
SHG:601606
|
$3.99 Billion |
|
Archer Aviation Inc
NYSE:ACHR
|
$3.99 Billion |
|
Shapir Engineering Industry
TA:SPEN
|
$3.98 Billion |
|
KRONES AG(UNSP.ADR)1/2/ON
F:KRNU
|
$3.97 Billion |
|
Mr D I Y Group M Bhd
KLSE:5296
|
$3.97 Billion |
|
Pampa Energía S.A
F:9PAA
|
$3.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRI Pointe Homes Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,335,710,000 to 3,315,834,000, a change of -19,876,000 (-0.6%).
- Net income of 240,898,000 contributed positively to equity growth.
- Share repurchases of 277,352,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $240.90 Million | +7.27% |
| Share Repurchases | $277.35 Million | -8.36% |
| Other Changes | $16.58 Million | +0.5% |
| Total Change | $- | -0.60% |
Book Value vs Market Value Analysis
This analysis compares TRI Pointe Homes Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.22x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.95x to 1.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $2.61 | $46.86 | x |
| 2012-12-31 | $4.72 | $46.86 | x |
| 2013-12-31 | $10.47 | $46.86 | x |
| 2014-12-31 | $9.98 | $46.86 | x |
| 2015-12-31 | $10.25 | $46.86 | x |
| 2016-12-31 | $11.34 | $46.86 | x |
| 2017-12-31 | $12.44 | $46.86 | x |
| 2018-12-31 | $13.80 | $46.86 | x |
| 2019-12-31 | $15.46 | $46.86 | x |
| 2020-12-31 | $17.18 | $46.86 | x |
| 2021-12-31 | $21.51 | $46.86 | x |
| 2022-12-31 | $27.23 | $46.86 | x |
| 2023-12-31 | $30.20 | $46.86 | x |
| 2024-12-31 | $35.14 | $46.86 | x |
| 2025-12-31 | $38.56 | $46.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRI Pointe Homes Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.94%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.52x
- Recent ROE (7.27%) is below the historical average (9.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -5.57% | -23.76% | 0.21x | 1.14x | $-12.84 Million |
| 2012 | 1.68% | 3.19% | 0.36x | 1.46x | $-12.41 Million |
| 2013 | 4.77% | 5.96% | 0.51x | 1.57x | $-16.86 Million |
| 2014 | 5.80% | 4.94% | 0.59x | 2.00x | $-61.01 Million |
| 2015 | 12.35% | 8.56% | 0.77x | 1.89x | $39.15 Million |
| 2016 | 10.67% | 8.11% | 0.67x | 1.95x | $12.23 Million |
| 2017 | 9.70% | 6.66% | 0.74x | 1.97x | $-5.78 Million |
| 2018 | 13.12% | 8.27% | 0.84x | 1.89x | $64.22 Million |
| 2019 | 9.48% | 6.72% | 0.80x | 1.76x | $-11.47 Million |
| 2020 | 12.64% | 8.66% | 0.81x | 1.80x | $58.95 Million |
| 2021 | 19.17% | 11.78% | 0.92x | 1.77x | $224.50 Million |
| 2022 | 20.34% | 13.25% | 0.92x | 1.67x | $292.82 Million |
| 2023 | 11.42% | 9.25% | 0.76x | 1.63x | $42.61 Million |
| 2024 | 13.73% | 10.19% | 0.91x | 1.48x | $124.46 Million |
| 2025 | 7.27% | 6.94% | 0.69x | 1.52x | $-90.69 Million |
Industry Comparison
This section compares TRI Pointe Homes Inc's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $911,849,300
- Average return on equity (ROE) among peers: 13.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRI Pointe Homes Inc (TPH) | $3.32 Billion | -5.57% | 0.52x | $3.98 Billion |
| Beazer Homes USA Inc (BZH) | $1.23 Billion | 11.38% | 1.10x | $608.73 Million |
| Cavco Industries Inc (CVCO) | $254.88 Million | 5.98% | 0.72x | $3.96 Billion |
| Dream Finders Homes Inc (DFH) | $1.09 Billion | 27.24% | 1.36x | $520.11 Million |
| DR Horton Inc (DHI) | $802.39 Million | 19.92% | 1.94x | $43.57 Billion |
| Green Brick Partners Inc (GRBK) | $77.89 Million | -17.50% | 3.45x | $2.89 Billion |
| Hovnanian Enterprises Inc (HOV) | $1.97 Billion | 23.92% | 1.39x | $569.25 Million |
| Installed Building Products Inc (IBP) | $91.87 Million | 15.16% | 1.55x | $7.83 Billion |
| KB Home (KBH) | $2.18 Billion | 22.03% | 1.67x | $3.25 Billion |
| Legacy Housing Corp (LEGH) | $189.28 Million | 11.37% | 0.24x | $513.63 Million |
| Lennar Corporation (LEN) | $1.23 Billion | 18.65% | 2.08x | $19.08 Billion |
About TRI Pointe Homes Inc
Tri Pointe Homes, Inc. engages in the design, construction, and sales of single-family attached and detached homes in the United States. The company operates in two segments, Homebuilding and Financial Services. It operates active selling communities and owns or controls lots. The company sells its homes through its own sales representatives and independent real estate brokers. It also offers fin… Read more