Tri Pointe Homes, Inc. (NYSE:TPH) announced its third‑quarter 2025 results on October 23, 2025, reporting 1,217 new home deliveries and $817.3 million in home‑sales revenue. The company posted an adjusted gross margin of 21.6 % and adjusted net income of $62.2 million, translating to an adjusted diluted EPS of $0.71. Share repurchases totaled $51 million during the quarter, and the company amended its credit facility, adding $200 million to the term loan and extending maturity options.
CEO Doug Bauer guided the fourth quarter with expectations of 1,200‑1,400 home deliveries at an average sales price of $690,000‑$700,000, a gross margin of 19.5‑20.5 %, and SG&A expense of 10.5‑11.5 %. For the full year, Tri Pointe projected 4,800‑5,000 deliveries at an average price of $680,000, a 21.8 % gross margin, and SG&A expense of 12.5 %. The company also reiterated an effective tax rate of 27 % for the year.
Bauer highlighted the company’s strong balance sheet, noting $1.6 billion in liquidity and a net home‑building debt‑to‑net capital ratio of 8.7 %. He emphasized disciplined cost control, strategic land pipeline management, and targeted incentives as key drivers of resilience amid a soft housing market. The company’s focus on premium locations and integrated financial services was cited as a competitive advantage.
For investors, the results confirm Tri Pointe’s ability to maintain solid margins and liquidity while continuing to deploy capital through share repurchases. The guidance suggests modest growth in deliveries and a slight margin compression in the fourth quarter, but the company’s robust balance sheet and strategic expansion into new markets position it for long‑term value creation.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.