TPH · As filed with the SEC
Tri Pointe Homes cash flow statement, by fiscal year
The statement as Tri Pointe Homes presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD thousands
| USD thousands | FY2025 Year ended Dec 31, 2025 | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | 240,993 | 457,970 | 349,195 | 582,409 | 469,267 | 282,207 | 207,187 | 271,513 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 30,269 | 31,018 | 26,852 | 28,010 | 32,421 | 29,497 | 28,396 | 29,097 |
| Equity in loss (income) of unconsolidated entities, net | (2,526) | (361) | 97 | (358) | (14,943) | (11,827) | (9,264) | (8,124) |
| Deferred income taxes, net | 2,843 | (7,978) | (3,145) | 22,245 | (9,571) | 2,379 | 17,864 | 11,074 |
| Amortization of stock-based compensation | 30,829 | 33,509 | 19,919 | 18,780 | 20,941 | 16,885 | 14,806 | 14,814 |
| Charges for impairments and lot option abandonments | 36,399 | 4,157 | 14,157 | 8,747 | 20,838 | 4,004 | 24,875 | 5,085 |
| Excess tax deficit of share-based awards | — | — | — | — | — | — | — | 0 |
| Fair value adjustment on mortgage loans held for sale | 356 | (1,169) | — | — | — | — | — | — |
| Gain on increase in carrying amount of investment | 0 | (3,495) | — | — | — | — | — | — |
| Returns on investments in unconsolidated entities, net | 3,044 | 0 | 0 | 2,253 | 14,547 | 12,642 | 9,208 | 9,182 |
| Loss on extinguishment of debt | — | — | — | 0 | 0 | 10,243 | — | — |
| Changes in assets and liabilities: | ||||||||
| Real estate inventories | (74,771) | 182,723 | (172,726) | (123,147) | (161,010) | 157,060 | 120,272 | (91,757) |
| Mortgage loans held for sale | 16,131 | (113,832) | — | — | — | — | — | — |
| Receivables | (35,637) | 113,023 | (55,187) | (52,453) | (53,445) | 5,725 | (17,684) | 74,545 |
| Other assets | (7,646) | (13,947) | 5,434 | (6,510) | 20,980 | 18,756 | (12,369) | (9,895) |
| Accounts payable | (26,404) | 3,395 | 2,509 | (22,530) | 5,164 | 13,570 | (15,193) | 3,222 |
| Accrued expenses and other liabilities | (52,420) | 11,049 | 8,156 | (13,170) | 74,344 | 46,848 | (52,118) | 1,906 |
| Net cash provided by operating activities | 161,460 | 696,062 | 195,261 | 444,276 | 419,533 | 587,989 | 315,980 | 310,662 |
| Cash flows from investing activities: | ||||||||
| Purchases of property and equipment | (32,916) | (23,298) | (25,376) | (43,623) | (29,489) | (22,797) | (30,282) | (31,651) |
| Proceeds from sale of property and equipment | 0 | 717 | 0 | 0 | 2 | 28 | 46 | 8 |
| Investments in unconsolidated entities, net | — | — | — | (14,500) | (42,644) | (65,271) | (7,022) | (2,274) |
| Net cash paid for acquisition | — | — | — | — | — | 0 | 0 | (61,495) |
| Investments in unconsolidated entities | — | (73,189) | — | — | — | — | — | — |
| Distributions from unconsolidated entities | — | 32,317 | — | — | — | — | — | — |
| Investments in unconsolidated entities | (46,260) | — | (1,042) | — | — | — | — | — |
| Distributions from unconsolidated entities | 33,357 | — | — | — | — | — | — | — |
| Net cash used in investing activities | (45,819) | (63,453) | (26,418) | (58,123) | (72,131) | (88,040) | (37,258) | (95,412) |
| Cash flows from financing activities: | ||||||||
| Borrowings from debt | 201,600 | 420 | 910 | 112,427 | 0 | 858,979 | 400,000 | 125,000 |
| Repayment of debt | (16,102) | (467,787) | 0 | (75,504) | (8,475) | (808,791) | (531,895) | (193,105) |
| Debt issuance costs | (5,251) | (1) | (14) | (2,404) | (3,570) | (4,768) | (3,125) | 0 |
| Net repayments of debt held by variable interest entities | — | — | — | — | — | — | — | 0 |
| Contributions from noncontrolling interests | — | — | — | — | — | — | — | 0 |
| Borrowings on mortgage repurchase facilities | 1,497,185 | 633,128 | — | — | — | — | — | — |
| Repayments on mortgage repurchase facilities | (1,510,713) | (529,030) | — | — | — | — | — | — |
| Proceeds from land bank financing arrangement | 19,576 | — | — | — | — | — | — | — |
| Distributions to noncontrolling interests | 0 | (3,877) | (6,955) | (2,464) | — | 0 | 0 | (2,194) |
| Proceeds from issuance of common stock under share-based awards | 0 | 1,040 | 870 | 1,678 | 5,557 | 3,112 | 449 | 1,943 |
| Tax withholding paid on behalf of employees for share-based awards | (11,815) | (18,751) | (9,806) | (9,112) | (4,636) | (5,475) | (3,612) | (6,049) |
| Share repurchases | (277,352) | (146,659) | (174,559) | (202,638) | (276,045) | (250,722) | (89,224) | (146,063) |
| Net cash used in financing activities | (102,872) | (531,517) | (189,554) | (178,017) | (287,169) | (207,665) | (227,407) | (220,468) |
| Net (decrease) increase in cash and cash equivalents | — | — | — | — | — | — | — | (5,218) |
| Cash and cash equivalents - beginning of year | — | — | — | — | — | — | 277,696 | 282,914 |
| Cash and cash equivalents - end of year | — | — | — | — | — | — | — | 277,696 |
| Net increase (decrease) in cash and cash equivalents | 12,769 | 101,092 | (20,711) | 208,136 | 60,233 | 292,284 | 51,315 | — |
| Cash and cash equivalents - beginning of year | 970,045 | 868,953 | 889,664 | 681,528 | 621,295 | 329,011 | 277,696 | — |
| Cash and cash equivalents - end of year | 982,814 | 970,045 | 868,953 | 889,664 | 681,528 | 621,295 | 329,011 | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.