Workflow
Premium homes and communities
icon
Search documents
Tri Pointe Homes Named to 2025 Fortune Best Workplaces for Women™ List for the Fourth Consecutive Year
Globenewswire· 2025-10-24 10:00
Core Insights - Tri Pointe Homes has been recognized on the Fortune Best Workplaces for Women list for the fourth consecutive year, highlighting its commitment to creating inclusive workplaces that support women at all career stages [1][2][10] Company Commitment to Diversity - The company emphasizes the importance of providing growth opportunities for women and all team members, believing that this will enhance overall company performance [2] - In 2024, 35% of new hires were ethnically diverse, a 2% increase from 2023, and 56% were female, up 10% from the previous year [3] - As of December 2024, women hold 43% of all management positions at Tri Pointe Homes, surpassing industry benchmarks for women in executive roles and overall workforce representation [3] Career Development Initiatives - Tri Pointe Homes has launched new career development resources aimed at supporting the long-term growth of employees, particularly women [4] - The company highlights success stories of women advancing within the organization, showcasing its commitment to nurturing internal talent [7] Employee Well-Being and Support - The company has expanded its well-being and family-forming benefits, partnering with Carrot to provide comprehensive support for fertility, hormonal health, and adoption [5] - An annual allowance for Carrot services is provided to benefit-eligible team members, reflecting the company's holistic approach to employee support [5] Workplace Culture - According to the 2025 Engagement Survey, 97% of team members feel they are treated fairly regardless of race, gender, age, or sexual orientation, significantly exceeding benchmarks for Best Workplaces for Women [6] - Employees express a strong sense of respect and appreciation within the company, which is particularly notable in the construction industry [8]
Tri Pointe Homes, Inc. Reports 2025 Third Quarter Results
Globenewswire· 2025-10-23 10:00
Core Insights - Tri Pointe Homes reported strong performance in the third quarter of 2025, delivering 1,217 homes with an average sales price of $672,000, resulting in home sales revenue of $817.3 million, despite a challenging housing market [3][4]. Financial Performance - Home sales revenue decreased by 26.6% compared to the same quarter in 2024, down from $1.1 billion to $817.3 million [4][13]. - New home deliveries fell by 24.8% year-over-year, from 1,619 homes to 1,217 homes [4][14]. - The average sales price of homes delivered decreased slightly by 2.3%, from $688,000 to $672,000 [4][14]. - The adjusted homebuilding gross margin was 21.6%, down from 23.3% in the previous year [4][14]. - Net income available to common stockholders was $56.1 million, or $0.64 per diluted share, a significant decrease from $111.8 million, or $1.18 per diluted share, in the same quarter last year [4][14]. Operational Metrics - The company maintained a cancellation rate of 12%, up from 10% in the previous year [4][14]. - Net new home orders decreased by 20.5% year-over-year, from 1,252 to 995 [4][14]. - The backlog at the end of the quarter consisted of 1,298 homes, down from 2,325 homes, with a dollar value of $1.0 billion compared to $1.7 billion in the previous year [4][14]. Strategic Initiatives - The company repurchased $51 million of common stock during the quarter, reflecting a commitment to returning capital to shareholders [4][5]. - Tri Pointe Homes amended its credit facility to increase the term loan by $200 million, enhancing financial flexibility [4][5]. - The company emphasized maintaining price discipline and strategic capital deployment to navigate the current market conditions [5][6]. Outlook - For the fourth quarter of 2025, the company anticipates delivering between 1,200 and 1,400 homes at an average sales price between $690,000 and $700,000 [6][7]. - The expected homebuilding gross margin percentage for the fourth quarter is projected to be in the range of 19.5% to 20.5% [6][7].
Tri Pointe Homes, Inc. Announces Third Quarter 2025 Earnings Release and Conference Call Date
Globenewswire· 2025-09-25 10:00
Core Points - Tri Pointe Homes, Inc. will release its financial results for Q3 2025 on October 23, 2025, before market opens [1] - A conference call to discuss the results will be held at 7:00 AM Pacific (10:00 AM Eastern) on the same day, hosted by key executives [1] - The company is recognized as one of the largest homebuilders in the U.S., operating in 12 states and the District of Columbia [4] Company Overview - Tri Pointe Homes is a publicly traded company known for its customer experience, innovative design, and environmentally responsible practices [4] - The company has received multiple awards, including Builder of the Year and Developer of the Year for 2024 [4] - It has been listed among the Fortune 100 Best Companies to Work For® in 2023 and 2025, and recognized as a Great Place To Work-Certified™ for five consecutive years [4]
Tri Pointe Homes Named To 2025 People® Companies That Care List, Marking the Homebuilder's Third Consecutive Year of Recognition
Globenewswire· 2025-08-20 12:00
Core Viewpoint - Tri Pointe Homes has been recognized for the third consecutive year on the 2025 PEOPLE Companies that Care list, highlighting its commitment to a people-first workplace culture [1][2][3] Company Recognition - The PEOPLE Companies that Care list honors companies for their ability to care for employees, families, and communities, with Tri Pointe meeting rigorous benchmarks in employee well-being, inclusive practices, and social responsibility [2][10] - The recognition is based on over 1.3 million confidential employee survey responses, representing more than 8.4 million employees [3][10] Employee-Centric Initiatives - Tri Pointe Homes has implemented new initiatives based on team member feedback, including an additional PPO medical plan and expanded wellness benefits [4] - A comprehensive Career Development Program has been launched to support professional growth, featuring resources and workshops for team members [4] Community and Cultural Impact - The company promotes community engagement through volunteer-led Compass Clubs and the Tri Pointe C.A.R.E.S. initiative, which offers paid volunteer time [5] - Tri Pointe's LivingSmart® program emphasizes sustainable building practices and environmental stewardship [5] Company Values and Culture - Tri Pointe Homes operates on H.E.A.R.T. values: Humility, Empowerment, Authenticity, Results, and Team, fostering an environment for growth and meaningful impact [6] - The company has been recognized as one of the 2023 and 2025 Fortune 100 Best Companies to Work For and has received multiple awards for its workplace culture [9]
Tri Pointe Homes, Inc. Reports 2025 Second Quarter Results and Announces $50 Million Increase to Its Stock Repurchase Program
GlobeNewswire· 2025-07-24 10:00
Core Insights - Tri Pointe Homes, Inc. reported solid financial results for Q2 2025, achieving home sales revenue of $879.8 million and delivering 1,326 homes despite macroeconomic challenges [1][3][4]. Financial Performance - Home sales revenue decreased by 22.3% compared to Q2 2024, down from $1.1 billion to $879.8 million [4][14]. - New home deliveries fell to 1,326 homes from 1,700 homes year-over-year, a decline of 22% [4][25]. - The average sales price of homes delivered was $664,000, slightly down from $666,000 in the previous year [4][25]. - Net income available to common stockholders was $60.7 million, or $0.68 per diluted share, compared to $118.0 million, or $1.25 per diluted share in Q2 2024 [4][22]. - Adjusted net income, excluding an inventory-related charge, was $68.7 million, or $0.77 per diluted share [4][22]. Operational Metrics - Homebuilding gross margin percentage was 20.8%, down from 23.6% in Q2 2024; adjusted gross margin was 22.1% when excluding the inventory-related charge [4][15]. - The cancellation rate increased to 13% from 9% year-over-year [4][25]. - The backlog at the end of the quarter consisted of 1,520 homes valued at $1.2 billion, down from 2,692 homes valued at $2.0 billion in the previous year [4][25]. Capital Management - The company repurchased $100 million of common stock during the quarter and increased its stock repurchase program authorization to $300 million [1][8]. - Tri Pointe Homes ended the quarter with total liquidity of $1.4 billion, including cash and cash equivalents of $622.6 million [4][18]. Future Outlook - For Q3 2025, the company anticipates delivering between 1,000 and 1,100 homes at an average sales price between $675,000 and $685,000 [6]. - The full-year guidance includes delivering between 4,800 and 5,200 homes at an average sales price between $665,000 and $675,000 [7].
Tri Pointe Homes, Inc. Announces Second Quarter 2025 Earnings Release and Conference Call Date
Globenewswire· 2025-06-25 10:00
Core Viewpoint - Tri Pointe Homes, Inc. will release its financial results for Q2 2025 on July 24, 2025, before market opening, followed by a conference call to discuss the results [1] Company Overview - Tri Pointe Homes is one of the largest homebuilders in the U.S., operating in 12 states and the District of Columbia, recognized for customer experience, innovative design, and environmentally responsible practices [4] - The company builds premium homes and communities with strong community ties, some lasting for over a century [4] - Tri Pointe Homes has received multiple awards, including Builder of the Year and Developer of the Year for 2024, and has been listed among Fortune's Most Admired Companies and Best Companies to Work For [4]